🚀 "See Tomorrow's Signals Today – Trade Smarter with Signal of the Future!"

📌 Indicator Overview

Name: Signal of the Future

Version: 1.00

Platform: MetaTrader 4 (MT4)

Window: Separate Indicator Window

Developer: R.KH 1001

Source: https://www.robomql.com

This indicator combines Bollinger Bands, smoothed signal lines, and custom logic to forecast future price action and generate alerts with directional arrows.

🧠 How It Works

1. %BB Calculation

The indicator calculates a customized %B (Percent Bandwidth) value:

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%BB = ((Close[i+1] - LowerBand) / (UpperBand - LowerBand)) * 100

This shows the relative position of price within the Bollinger Bands.

2. Smoothing

The raw %BB values are smoothed using a Simple Moving Average to reduce noise.

3. Signal Logic – Two Modes:

Mode 1: Level-Based Signal (Level_or_BB = true)

Buy signal: smoothed %BB crosses above lower_level

Sell signal: smoothed %BB crosses below upper_level

Mode 2: Double Bollinger Signal (Level_or_BB = false)

Buy signal: smoothed %BB crosses above lower BB

Sell signal: smoothed %BB crosses below upper BB

4. Arrows and Alerts

Directional arrows (up/down) appear on the chart when signal conditions are met, optionally accompanied by:

Sound

Pop-up message

Email

Push notification

⚙️ Input Parameters

🔧 Signal & Band Settings

Input NameDescription

Bands_periodBollinger Band period

Bands_deviationBollinger Band deviation factor

smoothingSmoothing period for %BB

Level_or_BBToggle between level-based or BB-based signals

Bands_period_2Second BB period (used when Level_or_BB = false)

Bands_deviation_2Second BB deviation

upper_levelUpper threshold (used when Level_or_BB = true)

lower_levelLower threshold (used when Level_or_BB = true)

HistoryNumber of bars to calculate

🔔 Alert System

Input NameDescription

alertsOnEnable/disable alerts

alertsOnCurrentAlert on the current (open) bar

alertsMessageShow alert popup

alertsSoundPlay sound file

alertsNotifyPush notification

alertsEmailEmail notification

soundFileSound file name

📍 Arrow Settings

Input NameDescription

arrowsVisibleShow/hide arrows

arrowsIdentifierUnique ID for arrows

arrowsUpperGapVertical distance of up arrow

arrowsLowerGapVertical distance of down arrow

arrowsUpColorUp arrow color

arrowsDnColorDown arrow color

arrowsUpCodeUp arrow symbol

arrowsDnCodeDown arrow symbol

arrowsUpSizeUp arrow size

arrowsDnSizeDown arrow size

📈 Output Buffers

Buffer NameContent

PercentBBNormalized price inside BBs (%)

BB_SmoothSmoothed signal line

BBUp, BBDnUpper/lower custom BBs

Fleche_up_1Buy signal (arrow) buffer

Fleche_down_1Sell signal (arrow) buffer

trendInternal trend direction marker (1/-1/0)

🛠 How to Use

Attach to a chart on any timeframe and symbol.

Configure Inputs based on your strategy:

Use Level_or_BB = true for static level alerts (e.g., RSI-style).

Use Level_or_BB = false for dynamic Bollinger signals.

Enable alerts and arrows if you want visual/audio confirmation.

Watch the smoothed %BB line for entry/exit points:

Crosses above → possible buy.

Crosses below → possible sell.

📢 Developer Info

Developer: R.KH 1001

Source Website: https://www.robomql.com