Fast signals

Fast Signals 

Summary Fast Signals is a dual Tillson T3 trend-and-signal indicator that paints a clear T3 ribbon on the main chart and plots buy/sell arrows on validated crossovers. It also provides optional risk overlays: entry, stop-loss, and three take-profit levels, so you can visualize trade plans directly on the chart. 

if you do not understand how to use technical support via product feedback or the MQL5 messaging system.

How it works

• Two T3 lines are calculated: a fast T3 and a slow T3.
• The ribbon (filling) shows the current trend bias: bullish when the fast T3 is above the slow T3, bearish when below.
• A buy signal is plotted when the fast T3 crosses above the slow T3 while the ribbon is bullish.
• A sell signal is plotted when the fast T3 crosses below the slow T3 while the ribbon is bearish.
• Optional TP/SL/Entry lines are drawn automatically at signal time to support disciplined execution.

Key features

• Clear crossover signals with arrow markers (configurable arrow codes).
• Visual T3 ribbon for quick trend confirmation.
• Built-in risk lines: Entry, SL and three TP targets (1:1, 2:1, 3:1 relative to SL%).
• Highly configurable: T3 periods, smoothing (“Hot”), original Tillson option, colors, widths, and styles.
• Lightweight and suitable for multiple timeframes and symbols.
• Auto-cleanup of TP/SL objects when removing the indicator to keep charts tidy.

Inputs

• T3 settings:

  • T3Period1, T3Hot1, T3Original1: fast T3 period, smoothing factor, and original-formula option.
  • T3Period2, T3Hot2, T3Original2: slow T3 period, smoothing factor, and original-formula option.
• Signals:

  • ShowArrows: show/hide buy/sell arrows.
  • ArrowCode_Buy, ArrowCode_Sell: arrow symbol codes (defaults 233 up, 234 down).
• Risk overlay:

  • StopLossPercent: SL percentage relative to entry price (e.g., 1.0 = 1%).
  • ShowTPSL: show/hide TP/SL lines.
  • ShowEntry: show/hide the entry line.
• Visuals:

  • EntryColor, StopLossColor, TakeProfitColor: colors for entry/SL/TP lines.
  • LineWidth: TP/SL line thickness.
  • LineStyle: TP/SL line style.

Usage tips

• Confirm at bar close: signals are most reliable after the bar that triggers the crossover closes.
• Adapt to timeframe: increase T3 periods for higher timeframes, decrease for lower timeframes.
• Risk-first approach: choose StopLossPercent to fit your risk plan; combine with proper position sizing and trade management.

Notes and limitations

• Like any technical tool, signals can update while the current bar is open.
• Use in conjunction with broader analysis (market structure, volatility, levels) for best results.
• No external libraries or third-party dependencies.

Compatibility

• Platform: MetaTrader 5
• Window: Main chart window
• Plots: T3 ribbon, two T3 lines, buy/sell arrows, optional TP/SL/Entry overlay

if you do not understand how to use technical support via product feedback or the MQL5 messaging system.