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Multi-Timeframe Indicator for MT5 — Trade Assistant

June 21, 2010 by

I’ve converted Trade Assistant indicator from MT4 to MT5 today. It’s a multi-timeframe indicator that can show RSI, CCI and Stochastic Oscillator signals for 6 timeframes: M5, M15, M30, H1, H4 and D1. Although the conversion was rather tricky it was also quite interesting as I could enhance the code and performance significantly compared to the previous version. Among others new features are the following:

  • Description of the indicator is visible from the MetaTrader terminal.
  • Extra cycles and conditions removed to improve code structure and the speed of execution.
  • Old MQL4 function ObjectSetText() redeclared for easy conversion of indicators. You can get the code of the function from this indicator if you want to use it in your own conversions. It’s fully MQL4-compatible.

You can get the code of the MT5 version or read more info about this trend indicator.

P.S.: Attach this indicator to M1 or M5 timeframe and also pre-load M5, M15, M30, H1, H4 and D1 charts if you want it to show all data correctly.

If you find any bugs in this MT5 indicator or if you want to make a suggestion regarding its functionality or what should be my next MT4->MT5 conversion, please, use the commentary form below.

3 Responses to “Multi-Timeframe Indicator for MT5 — Trade Assistant”

  1. jimmi
  2. SRINIVASARANGARAJAN

    hi, I need to know the Trading Trends (Buy=Green) Sell (red) in one indicator for multiple time frames – MN, W, D, H4 H1 M30 M15 M5 M1 Is there any indicator available for mt4
    This will be helpful to me Thanks

    Reply

  3. mou yong

    Multi-Timeframe is a very good way of trading, I love to do live trade wiht it but still working on a trading system that may trade automatically with this. I’m now trying to do this by using multicharts software.

    Reply

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