Momentum-Solo Vers. 21.91, Kurz-Beschreibung für alle Parameter

Momentum-Solo Vers. 21.91, Kurz-Beschreibung für alle Parameter

23 Februar 2018, 13:31
Claus Dietrich
0
303

Momentum-Solo, Vers. 21.91, description-list for all parameters

Momentum-Solo is a simple „real_Momentum" Alert Indicator

  • The indicator will inform about strength (Momentum), an impulse in the appropriate direction
  • It is based on the candle size and candle body in relation to the ATR

  • Filter

    • 📆Weekdays and 🕗Hours => let's get Momentum to the right time
      • MA, MA-Channel => Trend- and Sideways-Filter
      • Correlation => signals only when a second, or a third instruments move in the same or inverse direction
      • MACD => short signals below 0 and below signal-sma, long signals over 0 and above signal-sma
      • RSI level above X / below X, (0-100), default 50
      • PSAR => arrows in PSAR direction only
      • Keltner-Channel  => Trend- and Sideways-Filter
      • Close to Trend => avoids too many signals while the trend runs, use 4 active variables at the same time

    Alerts

    • alert, push-notification, arrows, send 3 different emails, screenshot

    Advantages

    • Signal after close, no repaint, no cross-over signal
    • Time-Frames 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, PSAR, or Keltner Channel
    • select Weekdays and Hours
    • ========================
    • => let's get Momentum to the right time
    • => avoid weak trading hours, like Asian session
    • => leave unstable weekdays out, concentrate on powerful days


    Settings

    • -----------------------------------------------------------------------------------
    • 🕗set Time-Filter - if true, Momentum-Solo will work between the following hours only
    • -----------------------------------------------------------------------------------
    • 📆 Day of the week Start / End- if active, Momentum-Solo will work between the following days only
    • -----------------------------------------------------------------------------------
    • first Arrow only after Trend-Change - if true, it shows the first arrows only, after a change of direction 
      • true & after Midnight => now you will get a new signal in the same direction within a new period, provided that the function Time-Filter is turned on
    • -----------------------------------------------------------------------------------
    • Momentum - define the strength of the momentum candle 
    • -----------------------------------------------------------------------------------
    • Trading-Strategies, for details - goto   https://clausforex.com/trading-strategies/
    • -----------------------------------------------------------------------------------
    • Email-A - if true, it shows the selected info in header and the first line of the email.
      • -----------------------------------------------------------------------------------
      • Email-B - if true, it shows the selected info in header and the first line of the email.
        • - ----------------------------------------------------------------------------------
        • Alert - activates the alert-pop-up-window.
        • -----------------------------------------------------------------------------------
        • 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 ...\MQL4\Files 
        • -----------------------------------------------------------------------------------
        • @ Pro-Settings:

        • -----------------------------------------------------------------------------------
        • Trend MA I - Value of the MA-filter I 
        • Trend MA II - Value of the MA-filter II
          • Trend MA III - Value of the MA-filter III
            • Trend MA IV - Value of the MA-filter  IV
              • -----------------------------------------------------------------------------------
              • Correlation I - the name of the instrument you want to compare
                • Correlation Correlation Direction
                  • Trend-Correlation
                  • negative Correlation
              • Correlation II - the second name of the instrument you want to compare
                • Correlation Correlation Direction
                  • Trend-Correlation
                  • negative Correlation
                • Correlation Trend MA - Value of the Correlation - MA
              • -----------------------------------------------------------------------------------
              • MACD Trend-Direction 
                  • MACD Filter off
                  • MACD in traditional Signal
                  • MACD in Counter-Direction
                  • MACD in Trend-Direction
                  • MACD in Trend-Direction above/below 0
              • -----------------------------------------------------------------------------------
              • RSI Level-Filter - RSI level above X (0-100) and below X (0-100), default 50
              • -----------------------------------------------------------------------------------
              • Parabolic Sar filter - an Momentum-arrow occurs in the PSAR-direction only 
              • -----------------------------------------------------------------------------------
              • calculate Keltner - Momentum is displayed inside or outside of the Keltner channel, depending on the selection
                • Channel Inside  //  Channel Outside
                  • if true => it will draw Keltner Channel | Color: # 2 3 4
                  • if true (& draw Keltner Channel = true) => it will draw leading Keltner lines | Color: # 5 6 7
              • -----------------------------------------------------------------------------------
              • 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.
              • -----------------------------------------------------------------------------------

              • @ Alert- / Email- Settings:
              • -----------------------------------------------------------------------------------
              • Account Description to all receivers „default" = your Broker-Name 
              • send Alert-Price to all receivers, H | L
              • for Alert and Notification => brief Comment
                • -----------------------------------------------------------------------------------
                • Screenshot-Picture will be saved in ...\MQL4\Files 
                • Screenshot-Picture width - default is 1280
                • Screenshot-Picture height - default is 720
                • Screenshot-Picture => short Comment (this is for an additional comment for the file-name of the picture)
                • -----------------------------------------------------------------------------------
                • Time-Zone sending via E-Mail:  choose the Time-Zone you wish to have in your emails  =>  Broker Time | Local Time | UTC/GMT
                • -----------------------------------------------------------------------------------
                • Date, Time in Header Email-A
                • Date, Time in Email-A
                • -----------------------------------------------------------------------------------
                • Date, Time in Header Email-B
                • Date, Time in Email-B
                • -----------------------------------------------------------------------------------
                • Email A=> brief Comment
                • Email B=> brief Comment
                • -----------------------------------------------------------------------------------
                • Email Header
                • Email Footer   default is = "Copyright © year, your name"
                • -----------------------------------------------------------------------------------
                • Email C   with custom Header and 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 Trade-Level ! not reliable, on your own risk
                • -----------------------------------------------------------------------------------

                • @ Arrows:
                • -----------------------------------------------------------------------------------
                  • Arrow Style - choose an arrow-style => no kidding, if you set up the Momentum-Solo-Indicator for Email-Info only, mark it with an Envelope-Symbol in the chart, and the same for a Push-Notification only with a Phone-Symbol
                  • Arrow Position - default is 1.6 / nice to have, if you compare settings with a second / third indicator
                  • -----------------------------------------------------------------------------------
                  • custom Signs =>> Wingdings Font  https://www.mql5.com/en/docs/constants/objectconstants/wingdings
                • -----------------------------------------------------------------------------------

                • @ Status on screen:
                  • -----------------------------------------------------------------------------------
                  • Vola, Spread, Countdown, Time - it shows the information on the Volatility today, the current spread, and the countdown of the current period
                  • clear Chart for stand-alone-window (now you can get the @Status-on-screen in a clean stand-alone-chart)
                  • -----------------------------------------------------------------------------------
                  • Bars to process - at least 500 recommended
                  • Bar-Warning On | Off - an Alert occurs, if below 500 candles
                • End_____________________________
                • -----------------------------------------------------------------------------------

                any questions?
                please let me know =>
                 MQL5 cld












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