Momentum-Solo Vers.20.7, description-list for all parameters

Momentum-Solo Vers.20.7, description-list for all parameters

23 Februar 2018, 13:31
Claus Dietrich
0
183

Momentum-Solo, Vers.20.7, description-list for all parameters

Momentum-Solo is a simple momentum Informer

  • The indicator will inform about strength in the appropriate direction
  • It is based on a minimum candle size and candle body in relation to the ATR
    • always look for the strongest and weakest currency with the heatmap before start Momentum-Solo


    Filter
    • PSAR => arrows in PSAR direction only
    • MA, MA-Channel => Trend- and Sideway-Filter
    • MACD => short signals below 0, long signals over 0
    • RSI level above X / below X, (0-100), default 50
    • Close to Trend => avoids too many signals while the trend runs, use 3 active variables at the same time
    • Correlation => signals only when a second, or a third instruments moves in the same direction

    Alerts

    • alert, push-notification, arrows, send 2 different emails, screenshot

    Advantages

    • Signal after close, no repaint, no cross-over signal
    • Timeframes M5 to D1
    • All instruments supported
    • It is based on relation to the ATR
    • Send custom email header and content
    • Several periods of sideways movement will be hidden
    • Involve one or two other correlating instruments as a filter
    • The indicator will inform about strength in the appropriate direction
    • All filters are based on moving averages, and if you like, MACD, RSI or PSAR


    Settings

    • Bars to process - the number of bars of the chart you want to be involved - from 60 to 1000 might be fine.
    • show Vola today, Spread, Countdown - if true, it shows information of the Vola today, the current spread and the countdown of the current period.
    • Trading-Strategies  (https://clausforex.com/handels-strategien/ )
      • custom Settings, no Strategie
      • 200 sma
      • 200 sma / 50 sma crossover
      • 8, 13, 20 ema
      • 12 ema - Channel, no Cross-Over
      • 12 ema - Channel, Shift 36
      • 10, 50 ema - 200 sma
      • H4 60 ema h/l, close to Trend 0, 60ema, 200sma
      • H1 60 ema h/l, close to Trend 0, 20ema, 60ema, 200sma
    • Alert - activates the alert-pop-up-window.
    • Alert - the chosen info will be in the header and the first line of an email, if Email. 
    • Email-A Email-B - if true, it shows the selected info in header and the first line of the email.
      • Date first in Header
      • Time first in Header
      • Date & Time first in Header
      • Date in 1. Line, in Email
      • Time in 1. Line, in Email
      • Date & Time in 1. Line, in Email
    • Notification - if true, it sends the alert to the MT4 APP of your smartphone.
    • Screenshot - if true, it sends the alter with a screenshot to ...\MetaTrader 4\MQL4\Files.
    • show first Alert-Arrow only - if true, it shows the first arrows only, after a change of direction.
    • show Arrows - if true, it shows the chosen arrows only.
      • Arrows, up and down
      • Arrows up
      • Arrows down
    • Trend-Strength - pre-defined ema with different settings provide the filter for the momentum.
      • Trend, non
      • Trend, normal 8ema 13ema 20ema
      • Trend, stronger 8ema 13ema 20ema 36ema
      • Magic, shifted Trend (similar to Hurst) 1sma shift36
    • very strong Momentum - if true, the momentum stands for solid candles and almost no wicks.
    • Trend MA - Value of the MA-filter
      • MA Shift - Value of the Shift for the MA-filter
      • MA Mode - mode for the MA-filter
      • MA Price long - price for the upwards direction of the MA-filter
      • MA Price short - price for the downwards direction of the MA-filter
    • Trend MA II - Value of the MA-filter II
      • MA Shift - Value of the Shift for the MA-filter II
      • MA Mode - mode for the MA-filter II
      • MA Price long - price for the upwards direction of the MA-filter II
      • MA Price short - price for the downwards direction of the MA-filter II
    • Trend MA III - Value of the MA-filter III

      • MA Shift - Value of the Shift for the MA-filter II
      • MA Mode - mode for the MA-filter II
      • MA Price long - price for the upwards direction of the MA-filter III
      • MA Price short - price for the downwards direction of the MA-filter III
    • Correlation I - the name of the instrument you want to compare
    • Correlation IT - the second name of the instrument you want to compare
      • Correlation Trend MA - Value of the Correlation - MA-filter
        • Correlation MA Shift - Value of the Shift for the Correlation - MA-filter
        • Correlation MA Mode - mode for the Correlation - MA-filter
        • Correlation MA Price long - price for the upwards direction of the Correlation - MA-filter
        • Correlation MA Price short - price for the downwards direction of the Correlation - MA-filter
    • MACD Divergence-Filter - Divergence with static value X (candles before momentum), works with trend and inverse-trend setting
      • Filter off - Filter off / on
        • MACD fast EMA - value of the fast ema
        • MACD slow EMA - value of the slow ema
        • MACD shift - Divergence-Reference, X candles before momentum
    • MACD Trend-Direction - set the direction of the filte
      • Filter off - Filter off
        • MACD in Trend-Direction - downwards-arrow below 0, upwards-arrow above 0
        • MACD inverse Trend-Direction - downwards-arrow above 0, upwards-arrow below 0 (experimental, not reliable for reverse)
      • MACD fast EMA - value of the fast ema
      • MACD slow EMA - value of the slow ema
    • RSI Divergence-Filter - Divergence with static value X (candles before momentum)
      • Filter off - Filter off / on
        • RSI Period - value of the period
        • RSI Price - apply to price
        • RSI shift - Divergence-Reference, X candles before momentum
    • RSI Level-Filter - RSI level above X (0-100) and below X (0-100), default 50
      • Filter off - Filter off / on
        • RSI Period - value of the period
        • RSI Price - apply to price
          • RSI level - RSI above, for long
          • RSI level - RSI below, for long
          • RSI level - RSI below, for short 
          • RSI level - RSI above, for short 
    • Momentum close to Trend only - if true, shows arrows close to the MAs that are predefined in the settings below.
      • Trend plus % of ATR - the value of the distance from the MAs to the candle will be calculated by the size of the current ATR in the current period.
        • MAs close to trend - the candle need to touch at least one of the MAs
        • MA I close to trend - Value of the close to trend MA-filter I  default value 8
        • MA I close to trend - mode for the close to trend MA-filter I
        • MA II close to trend - Value of the close to trend MA-filter II  default value 13
        • MA II close to trend - mode for the close to trend MA-filter II
        • MA III close to trend - Value of the close to trend MA-filter III  default value 20
        • MA III close to trend - mode for the close to trend MA-filter III
        • MA IV close to trend - Value of the close to trend MA-filter IV  default value 20
        • MA IV close to trend - mode for the close to trend MA-filter IV
    • Parabolic Sar filter - an Momentum-arrow occurs in the PSAR-direction only, good values  0.02 / 0.02
      • Parabolic Sar Step - value for Step
      • Parabolic Sar maximum - value for Maximum
    • Arrow Style - choose a arrow-style = thin, cross, normal, hollow, Thumbs, Triangle
    • Arrow Position - default ist 0.6 / nice to have, if you compare settings with a second / third indicator
    • Screenshot-Picture will be saved in ...\MetaTrader 4\MQL4\Files.
      • Screenshot-Picture height - default is 720
      • Screenshot-Picture width - default is 1280
        • Screenshot-Picture => short Comment - this is for an additional comment for the file-name of the picture
    • Alert, Email A/B, Notification => short Comment - this is for an additional comment
    • Account Company => Account Description in email / default = your Broker
    • Email-/Header/-Content - choose what you need
      • default Email-/Header/-Content - system default information
      • custom Email-/Header/-Content
        • Email Header, long - message for upwards arrows only, change this text for your needs
        • Email Header, short - message for downwards arrows only, change this text for your needs
        • Email Content, long - message for upwards arrows only, change this text for your needs
        • Email Content, short - message for downwards arrows only, change this text for your needs
    • send High/Low Value to all receivers
      • send no Value - no Price will be send to any alert
      • send High/Low Value - high- or low- Price of the Momentum-Candle will be send in all alerts, alert, send email, push-notification and screenshot
        • example:  AUDUSD, H1  1.Arrow => up 0.71046 Demo-Accou...

any questions?
please let me know =>
 MQL5 cld













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