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RainbowTrend

4

A visual indicator of the trend and strength of the currencies in the form of histograms and tables on the main chart, graph of the changing trends of currencies and unit of analysis in an additional chart window. Analyzes 28 currency pairs formed from the 8 major currencies (EUR, USD, GBP, JPY, AUD, CAD, CHF, NZD).


 Indicator features:

  1. Defines the trend direction and power of currencies and symbols and builds colored bar diagrams, tables, showing information in the form of digital values and charts;
  2. Shows the position and change of trends of the currencies in real time;
  3. Represents the charts of history of the trends for each currency pair on which the indicator is set;
  4. Analyzes currency in one of the selected modes (Unit of analysis).


Unit of analysis:

The unit consists of a list of analysis results and buttons. The default analysis mode can be set through the Analisis parameter. Use buttons Next and Prev to switch between the analysis modes. Button Revs reverses sorting of the rating.

Modes of analysis:

  • - Currency rating (Analysis=1);
  • - Currency force (Analysis=2);
  • - Symbols rating (Analysis=3);
  • - Symbols force (Analysis=4).

An example of strategies on which you can trade with this indicator:

  1. Buy the strongest and sell the weakest symbols;
  2. Buy or sell the symbols containing the strongest or weakest currencies;
  3. Intersection of trend lines - position changing or closing;
  4. Buy the currency, if the strength of a trend is above a certain level (for example 50 for the M15 chart);
  5. Buy/sell symbol if the strength of the trend id above/below a certain level (for example 50 for the M15 chart).
  • For a correct operation of the indicator, open all of the symbols in the Market Watch window.
  • Some time is required to download data for all currencies from the broker's server, so the indicator can be changing, until all the data is loaded.
  • In the strategy tester, the indicator works only in the static mode.


Parameters of the indicator:

  • MAPer - the period of the moving average used to determine the trend;
  • MAMode - moving average drawing method;
  • GridCount - the number of lines in the histogram grid on the positive and negative sides;
  • FixGridValue - fixing the top grid value equal to a specific value. 0 - automatic grid value;
  • ShowValue - Show the value of currency trend power above the histograms;
  • SizeFont - font size fir the labels on the chart;
  • Analysis - numberer of the analysis. Values from 1 to 4;
  • LineWidth - the line width. A value of 1 and more;
  • LimitCountedBars - limit of studied history bars. Can be reduced to increase the speed;
  • clrXXX - color of the currencies.
Reviews 2
Vitali Kadel
2368
Vitali Kadel 2021.04.14 18:47 
 

Хороший индикатор для выбора Валютной пары для торговли.

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Prototype 4 is an automated trading system, which opens positions in trend direction from correction based on data of built-in indicators. Test results show a stable profits for almost 15 years since 2000 (see. the screenshots), as well as in real trading. Monitoring: https://www.mql5.com/en/users/r0s/seller This Expert Advisor can be used in combination with Prototype 1 . Part of the orders of two Expert Advisors is hedged (opened in different directions).  The Expert Advisor works on any accou
Prototype 4 AUTO
Sergey Rozhnov
4.67 (6)
This product requires no settings. Simply drag it on the chart, and it will start working. Contains optimized settings for popular currency pairs and M15 timeframe: EURUSD, AUDUSD, GBPUSD, USDCAD, USDJPY, EURJPY, NZDUSD, USDCHF. For other currency pairs and periods, the default settingы of the Prototype 4 EA will be used. Prototype 4 AUTO is an optimized version of the Prototype 4 Expert Advisor. Detailed description of Prototype 4 with all settings can be found here https://www.mql5.com/en/mark
Prototype 1
Sergey Rozhnov
3.71 (7)
Prototype 1 is a fully automated system. The 15-year test results, as well as real trading ones has proven to be positive. The EA analyzes the current price status and opens positions. If the situation changes, the orders are opened in the opposite directions or closed. EURUSD M15, USDJPY M15 and USDCAD M15 are commended. The d efault settings are for EURUSD M15. Recommended deposit is 5000 USD (USCent) for 0.01 lot (50000 USD (USCent) for 0.1 lot). The product can be used for any purpose, such
Prototype 2
Sergey Rozhnov
5 (5)
Prototype 2 is a no-martingale automated system, well testable in a 15-year history period and showing good results in real trading. The default settings are suitable for EURUSD M15, however the EA is well adaptable for any currency pairs and timeframes through its input parameters. The Expert Advisor is suitable both for beginners, because you need only to attach it to a chart, and experienced traders, because in addition to the automatic mode, the EA has options for manual settings of the lot,
Hot Point AUTO
Sergey Rozhnov
4.25 (59)
The EA consists of 100 virtual Prototype-4 EAs with different settings. The outcome of calculations is the resulting lot. The idea behind the virtual strategies is that in case any of the virtual strategies is "wiped", the entire deposit is not, it is only decreased by 1/100, i.e. 1% (when using Risk=5000, VirtualBalance=5000). It is possible to set the lot size to start opening positions, the step and the maximum number of opened lots and positions using the settings of the EA. The Expert Advis
Generator Pro
Sergey Rozhnov
5 (6)
Generator Pro       allows you to create strategies consisting of several virtual strategies (from one to hundreds of thousands) based on averaging. Each virtual strategy has its own type of strategy (Trend, AntiTrend), virtual deposit, virtual positions, lot. The EA controls the operation of all virtual strategies, sums up all operations and makes corresponding operations on the trading account. Advisor operation modes Without_file       - mode without using a file with strategies. All virtual
Combination
Sergey Rozhnov
5 (2)
The EA contains a combination of several trend and anti-trend virtual strategies with averaging with different parameters. The EA is easy to use. It is enough to choose a suitable strategy for the trading pair, set the Risk parameter and you can start trading. Open the M15 chart with the pair being traded and move the EA to it. Lots will be calculated automatically based on the balance, Deposit currency and Risk parameter. Recommendations: Trading EURUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, USDJPY;
Ultra Point Auto
Sergey Rozhnov
3 (4)
The decision to open buy or sell orders is determined by an intelligent system that analyzes the latest bars and calculates the correlation with the bars in the past. The system has been trained on all available history for many popular pairs that you can choose from in settings. It has 100 sets of the most profitable options using averaging that work as separate strategies, forming average lots in two directions that will be opened. Each virtual strategy is protected by a virtual Deposit ( V
Easy Point Auto
Sergey Rozhnov
This EA as an algorithm engine has successful strategy on the EURUSD M15 pair, which has passed 5 years of real-time testing:  https://www.mql5.com/en/signals/409854  . This strategy is suitable for flat pairs that do not trend for a long time and have amplitude fluctuations. To support trend pairs, the EA has a built-in TrendStrategy parameter that switches the algorithm to a trend mode. The strategy is supplemented with parameters regulating profit, step and limits (ProfitModifier, StepModifie
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Vitali Kadel
2368
Vitali Kadel 2021.04.14 18:47 
 

Хороший индикатор для выбора Валютной пары для торговли.

Sergey Kozhevnikov
1645
Sergey Kozhevnikov 2015.06.24 09:21 
 

Многообещающий интересный подход к анализу мультитренда. Это хорошо. Но Exness - увы, не функционирует адекватно, индексы валют - пока, проблемка.

Специально посвятил этому центовый анализатору депозит, другие индикаторы не включал - депо слит, но есть оправдание: сделку рассчитывал во второй половине американской сессии. Купил сильную валюту, продал слабую - все в одной паре, одна сделка... Только одним этим индикатором зарабатывать мне слабовато пока. Но будем надеяться на доработку.

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Version 1.7 2021.11.25
Recompilation
Version 1.6 2015.05.20
Fixed error of emptying grid lines of Grid more than 6
Version 1.5 2015.05.08
Added PreFix and SufFix parameters to work with symbols containing prefixes and suffixes.
Version 1.4 2015.04.13
Fixed display of the histogram on the first bars of the Monday