Trigger_Line – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • Real author:

    dwt5 and adoleh2000

    This is a trend-following indicator using the moving average and its smoothing. It features alerts, emails and push notifications.

    Originally this indicator has been written in MQL4 and was first published in the Code Base on 01.08.2006.

    Fig.1. Trigger_Line indicator

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    Fig.1. Trigger_Line indicator on the chart

    Fig.2. Trigger_Line indicator. Generating alerts

    Fig.2. Trigger_Line indicator. Generating alerts

  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window