Download MetaTrader 5

Indicators: Multi currency pair Indicator

To add comments, please log in or register
Publish your articles and improve your rating!
MetaQuotes Software Corp.
Moderator
181426
MetaQuotes Software Corp. 2012.01.13 11:31 

Multi currency pair Indicator:

This indicator watches the major currency pairs to find the status of the current candle (Bullish or Bearish) of USD, EUR, and GBP compared to other currencies such as EUR, JPY, GBP, CHF, AUD, and CAD.

Author: heao

MQL4 Comments
16319
MQL4 Comments 2012.01.14 11:58  

is it possible to backtest with this indicator?

heao
73
heao 2012.01.14 12:24  

Yes, you can backtest. However, you need to keep in mind that the indicator is based on candle close status. To backtest, you need to enable DrawVLine = true and specify the HistoryShift. HistoryShift is the number of candles that you want the indicator to go back.

To start trading you need to remember to put the HistoryShift to 0.

heao
73
heao 2012.01.20 09:42  

Hello All,

I have created an Android and Apple Apps that use this indicator. The App read data directly from the market and displays it on your phone. It also, has a discussion forum and market news. Please try it and let me know your feedback. https://www.mql5.com/go?https://market.android.com/details?id=com.arbahforex.forex_multi_currency_pair_system

The App display signal three timeframes H1, H4 and Day. I would appreciate your feedback and suggestions.

To add comments, please log in or register