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MultiSymbol Triple Screen Trading System

Purpose

The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy.

It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc.

The number of instruments can be limited by capacity of the МТ4's parameters. But if desired, you can create several windows with various set of instruments and parameters.


Operation Principle

The indicator uses the modified Triple Screen Strategy for determining trend direction in the third window via Awesome Oscillator, Moving Average or Stochastic Oscillator at the trader's discretion. The oversold/overbought level is determined in the second window via Stochastic indicator. We also use Stochastic indicator in the first window, but this time we are determining the best market entry point. As a result, we obviate the necessity to move pending orders according to the market (what the classical system requires) and can enter the market at once.


Target Audience

The indicator will be useful for those who prefer multi-currency trading.

If you use the Triple Screen Strategy, you have to analyze three time periods for each instrument. You need a lot of time to work with a large number of symbols. We created this indicator to facilitate this work. It independently analyzes all chosen instruments by three time periods. When it finds the required combination of parameters' values, it notifies a trader about a possibility to perform a trade.

The trader only needs to specify parameters which will be used by the indicator to check the possibility to perform the trade with given instruments.


Features

The indicator informs the trader about the possibility to perform the trade by means of a message popping up on the screen, sending message to an e-mail or a mobile terminal, or just by a sound notification.

The indicator works with current prices (uses the zero bar).

To reduce the CPU load, it is possible to customize the period for redrawing the indicator values.


Input parameters

Indicator_Position
    • myPosition - indicator location in the main window of the chart (lower left, lower right)
Visible_Symbols
    • Symbols - enter the instruments for tracking (separated by commas, without spaces)
Third_screen_Settings
    • ThTrendAO - trend direction based on the Awesome Oscillator indicator on the third screen (true - enable, false - disable)
    • ThTrendMA - trend direction based on the Moving Average indicator on the third screen (true - enable, false - disable)
    • ThCrossMA - price above/below the Moving Average indicator line on the third screen (true - enable, false - disable)
    • ThTrendSt - trend direction based on the Stochastic Oscillator indicator on the third screen (true - enable, false - disable)
    • ThCrossStLev - the main value of Stochastic Oscillator above/below the oversold/overbought level on the third screen (true - enable, false - disable)
    • ThTF - timeframe of the third screen in minutes (1440=D1, 240=H4, 60=H1, etc.)
Second_screen_Settings
    • SeTrendSt - trend direction based on the Stochastic Oscillator indicator on the second screen (true - enable, false - disable)
    • SeCrossStSig - intersection of the signal line by the main line of the Stochastic Oscillator on the second screen (true - enable, false - disable)
    • SeCrossStLev - the main value of Stochastic Oscillator above/below the oversold/overbought level on the second screen (true - enable, false - disable)
    • SeTF - timeframe of the second screen in minutes (1440=D1, 240=H4, 60=H1, etc.)
First_screen_Settings
    • FiTrendSt - trend direction based on the Stochastic Oscillator indicator on the first screen (true - enable, false - disable)
    • FiCrossStSig - intersection of the signal line by the main line of the Stochastic Oscillator on the first screen (true - enable, false - disable)
    • FiCrossStLev - the main value of Stochastic Oscillator above/below the oversold/overbought level on the first screen (true - enable, false - disable)
    • FiTF - timeframe of the first screen in minutes (1440=D1, 240=H4, 60=H1, etc.)
iMA_Settings
    • MAPeriod - averaging period for calculation of the indicator
    • MAMethod - averaging method
    • MAAppliedPrice - applied price
iStochastic_Settings
    • StKPeriod - period (number of bars) for calculating the %K line
    • StDPeriod - averaging period for %D line calculation
    • StSlowing - value of slowing
    • StMethod - averaging method
    • StPriceField - select the price for calculations
    • StHighLevel - overbought level
    • StLowLevel - oversold level
Alert_Settings
    • UseAlert - display alerts in a pop-up window (true - enable, false - disable)
    • UseSendMail - send notifications to e-mail (true - enable, false - disable)
    • UseSendPush - send notifications to the mobile terminal (true - enable, false - disable)
    • UseSound - use sound notifications (true - enable, false - disable)
    • UseSoundFile - path to the audio file
    • StepAlertMin - interval between notifications in minutes
    • StepCalcSec - interval to recalculate the functions in seconds (redrawing the indicator)
Color_scheme
    • ClrTips - color for labels and the indicator grid
    • ClrText - color to indicate the instruments and periods
    • ClrUp - color for the bullish trend signals
    • ClrDown - color for the bearish trend signals
    • ClrNt - color for the neutral signals
    • ClrOff - color for the disabled signals


Display

  • green - buy signal;
  • red - sell signal;
  • orange - neutral signal;
  • gray - parameter is disabled.


How to use

Screenshots below indicate an example of trading using this indicator.

The indicator was developed for the contest of traders using manual trading based on the Triple Screen Strategy (you can see the results on the last screenshot).

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Der Forex TPA Indikator deckt die wahren Aktionen der Marktmacher auf, immer dann wenn sie passieren. "Kämpfe nicht gegen die Marktmacher an, sondern folge ihnen", ist wohl der beste Rat, den ein Trader bekommen kann. Der TPA Indikator zeigt jedesmal seine Signale an wenn die Bullen definitiv stärker sind als die Bären und umgekehrt. Dieser Indikator wurde VON Tradern FÜR Trader gemacht und ist 100% NICHT NACHZEICHNEND! Signale werden STRENG am Schluss einer Kerze  generiert. Das sagen unsere Ku
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Bernhard Schweigert
4.56 (9)
Dieser Indikator ist eine hervorragende Kombination aus unseren 2 Produkten Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Es funktioniert für alle Zeitrahmen und zeigt grafisch Impulse der Stärke oder Schwäche für die 8 wichtigsten Währungen plus ein Symbol! Dieser Indikator ist darauf spezialisiert, die Beschleunigung der Währungsstärke für beliebige Symbole wie Gold, Exotische Paare, Rohstoffe, Indizes oder Futures anzuzeigen. Als erster seiner Art kann jedes Sym
Dies ist ein hervorragendes technisches Indikatorsystem, das die periodischen Aufwärts- oder Abwärtstrends des Handels unter kleinen, mittleren und großen Aspekten analysiert. Period1 in den Parametern ist ein kleiner Zeitraum, Period2 ist ein mittlerer Zeitraum und Period3 ist ein großer Zeitraum, small_symbol ist die Kennung von Signal Nr. 1, middle_symbol ist die Kennung von Signal Nr. 2 und big_symbol ist die Kennung des Signals Nr. 3 ;Alert ist der Schalter der Warntaste, Mail ist der Sc
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Bogdan Ion Puscasu
4.43 (7)
Wir stellen vor       Quantum Heiken Ashi PRO-   Charts Die Heiken-Ashi-Kerzen wurden entwickelt, um klare Einblicke in Markttrends zu geben und sind bekannt für ihre Fähigkeit, Rauschen herauszufiltern und falsche Signale zu eliminieren. Verabschieden Sie sich von verwirrenden Preisschwankungen und begrüßen Sie eine glattere, zuverlässigere Diagrammdarstellung. Was den Quantum Heiken Ashi PRO wirklich einzigartig macht, ist seine innovative Formel, die traditionelle Candlestick-Daten in leicht
THISE INDICATOR NOT WORK ON FREE DEMO. there is a protocol to work it. target finder indicator is a forecast the find probably targets.up and down. to use thise indicator, there is a protocol,i explain below. first load indicator  you will see blue and red lines. on the left side look to the higher value of line ,and draw horizantal line on top it. and on the right side see the LEVEL NUMBER. Finding UP TARGET h=put that level number  m=1 b=1 pres ok. you will see on the screen ,on top right ,r
Thise indicator is up down v6  comes with tradingwiev version. purchased people contact me on mql5 or write me email adress on mql5 message to get BONUS  TradingView version. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line t
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
This is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes. As well as giving signals for entering trades without redrawing after finished drawing previous candle! I use Rangebar candles in my stategies (important) I created several strategies based on this indicator. You will also create on your trading The indicator uses each candle, analyzing them separately. Referring to different impulses - up or down impulse.
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Eric John Pajarillaga Aldana
4.81 (16)
TakePropips Donchian Trend Pro   (MT4) ist ein leistungsstarkes und effektives Tool, das mithilfe des Donchian-Kanals automatisch die Richtung des Trends erkennt und Ihnen Handelssignale für den Ein- und Ausstieg liefert! Dieser Multifunktionsindikator umfasst einen Trendscanner, Handelssignale, ein statistisches Panel, einen Screener, Handelssitzungen und ein Dashboard für den Verlauf von Warnungen. Es wurde entwickelt, um Ihnen Handelssignale zu liefern und Ihnen Stunden beim Analysieren der C
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This utility displays the name of the current symbol and the current period in the chart background in a large font. It is very convenient, e.g. when you use multiple charts with different symbols, period or when saving a chart screenshot. The information is displayed in two lines. In the first line, the chart symbol and current timeframe are shown in a larger font (e.g. AUDUSD,h1 ). In the second line, the full name of the current symbol is displayed in a smaller font (e.g. for GPBJPY it shows
Script Hunting for the Channel Breakout The script is designed for semi-automatic trading. It can place required number of pending BuyStop and SellStop orders with preset StopLoss and TakeProfit levels in one go. The script calculates the channel width using the ZigZag indicator and places a grid of pending BuyStop and SellStop orders according to specified settings. The first pair of pending BuyStop and SellStop orders is placed at the specified distance from the channel's borders. This distanc
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A dealer with simple logic of opening orders and reliable closing control for advanced. The input signal is determined by only one indicator. Closing occurs on target profit. When drawdring first orders, the following appears. Maximum number of orders - no more than three in each direction. Settings for configuration: ----------- Trade Settings ----------- Quantity Lot 1 - the size of the first transaction Quantity Lot 2 - the size of the second transaction in the series Quantit
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Hunter on the channel breakout Bot The Expert Advisor places the necessary amount of BuyStop and SellStop pending orders with predefined StopLoss and TakeProfit levels at the specified time daily. The EA calculates the channel width using the ZigZag indicator and sets a grid of BuyStop and SellStop pending orders according to the specified settings. The first pair of BuyStop and SellStop pending orders is placed at a predetermined distance from the channel borders. The distance is set in the pe
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Version 1.46 2023.03.15
Fixed the displacement of markers in the upper location of the indicator.
Compilation 2023.
Version 1.45 2019.09.06
A section has been added to the input parameters with the settings for the text of signatures (parameter signatures can be entered independently).
Version 1.44 2019.08.01
A section with font settings (font size and name) has been added to the input parameters.
Version 1.43 2017.12.04
Ordered the information output in the indicator notifications.
Simplified the entry of parameters with enumerations.
Added a section with color scheme settings to the input parameters (6 parameters for adjusting all controls of the indicator).
Version 1.41 2017.07.28
Fixed incorrect display of signal emergence time in Push notifications.
Information about timeframes has been added to notifications (FiTF/SeTF/ThTF).
Version 1.3 2016.12.26
Fixed the 'possible use of uninitialized variable' error in calculation of the ThCrossMA parameter.
Version 1.2 2015.06.17
1. Added time period labels for each unit.
2. Changed fonts for better readability.
3. Enlarged color readings.