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A Naming System for Trading Indicator Templates

Article MQL5 code base

Summary

The document proposes a compact naming convention for chart templates used across instruments, timeframes, and brokers. It suggests encoding the instrument group, alert behavior, and primary trend indicator in each name. The examples define abbreviations for indices, forex, commodities, no alerts, end-of-candle sound alerts, and exponential or weighted moving averages. The primary trend indicator is the one to include; other chart indicators can be left out of the template name.

The method aims to make templates easier to identify as testing and multi-market work create more versions. It is a practical organization technique that could reduce confusion and operational mistakes, but the document gives no tested evidence that it improves trading results. The abbreviations are examples rather than a complete standard, so teams would need to agree on consistent labels and extend the scheme for any instruments or settings it omits.

Key ideas

  • Template names can encode the instrument group, alert setting, and main trend indicator.
  • The suggested abbreviations distinguish indices, forex, commodities, alerts, and moving-average types.
  • Naming the primary trend indicator keeps labels concise when charts contain other indicators.
  • A consistent naming scheme can help traders manage templates across markets, timeframes, and brokers.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.