Most traders I talk to run several indicators side by side. One shows strength, one the trend, one the levels. Each shows its own part of the picture, and putting it together still happens in your head, chart by chart.
On BuildYourTools you bring them together in one tool of your own. You describe in your own words what it should do, see a prototype of it on the chart and order the build at a fixed price. You get a finished .ex5 file for MetaTrader 5.
Several indicators, one tool
Your tool can unite indicators from different publishers too. What it becomes is up to you:
- Market screening: a scanner that checks your rule across your watchlist and shows where your setup stands, so you see when it is time to act.
- Notifications: an alert the moment your indicators agree on your rule.
- Dashboard: one panel with everything you otherwise read from several charts.
And your own strategy? Have it built as an Expert Advisor that trades it the way you have it in your head, then check in the Strategy Tester whether it holds up.
Indicators from other publishers stay their own products with their own licence. Your project covers the build.
Already set up: seven of my indicators
These seven are ready on BuildYourTools. Pick them in your project, and every build with them is tested.
- FX Power: currency strength of the eight majors and gold
- IX Power: the same strength for indices, metals and crypto
- FX Trend: trend direction across every timeframe
- FX Volume: live retail positioning behind the majors
- FX Dynamic: how much of the average daily range is used up
- FX Levels: support and resistance that keep themselves current
- Smart Stop Indicator: the most recent valid stop level on your chart
One example: an alert that fires only when your entry signal points the same way as the FX Power strength gap of the pair.
Have an idea for your tool? Describe it on BuildYourTools and look at your first prototype.
Happy Trading!
Daniel
