Trade Signal Module Based on T3 Indicator
Info
The Trade Signal Module Based on T3 Indicator is a Library for MetaTrader 5 that trade signals are generated upon completion of bars. This module utilizes the T3 indicator as a custom indicator for generating trade signals.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Trade Signal Module Based on T3 Indicator
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
Trade signals are generated upon completion of bars.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: MQTT Five — MQTT 5.0 Client Library for MetaTrader 5 - another powerful library for MetaTrader 5 traders.
Trade signals are generated upon completion of bars. This module utilizes the T3 indicator as a custom indicator for generating trade signals. A downward crossover of the moving average signals an entry for a long position, while an upward crossover signals an entry for a short position.Also recommended: channel proximity engine: advanced signal generation - similar library with strong performance on MetaTrader 5.
Input parameters used during testing:
- T3Period: 14
- B_: 70
- Other input parameters: Default
- Symbol: GBPUSD
- Lot: 0.1
- Stop Loss, Take Profit, Trailing Stop: Not used
To utilize this trade signal module, the following files must be placed in the specified directories:
- basedonindicatorexpertsignal.mqh and t3signal.mqh should be placed in terminal_data_folder\mql5\include\expert\mysignals.
- The T3 indicator file (t3.mq5) must be placed in terminal_data_folder\mql5\indicators.
- The library must be placed in terminal_data_folder\mql5\include.
Trade Signals Based on T3 Indicator
History Backtesting Results (01.01.2026, GBPUSD M15):
History backtesting of strategy based on T3 indicator (GBPUSD, M15).
Hourly:
History backtesting of strategy based on T3 indicator (GBPUSD, H1).
Daily:
History backtesting of strategy based on T3 indicator (GBPUSD, Daily).
You may also like: asq session manager for metatrader 5 - excellent alternative for library users on MetaTrader 5.
Source Code
/*
* the indicator uses the smoothalgorithms.mqh library
* it must be placed to terminal_data_folder\mql5\include
*/
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_chart_window
#property indicator_buffers 1
#property indicator_plots 1.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.