Xmeter indicator conversion

MQL5 Indicators

Specification

Hello. I need to modify an existing indicator called Xmeter.

Xmeter measures the strength and the weakness of a currency pair showing through a numeric grade from 0 up to 9.9 how strong or weak an economy is trading.

I would like to create an indicator starting from the same algorithm to plot on a sub window value of this strength as line or histogram.

Indicator features:

- An external parameter double to receive an alert when the difference between two economies is equal or higher than the parameter value

               E.G: USD is strong grade is 5 and EUR is weak grade is 2, for instance the parameter was 3, thus an alert is triggered.

- If the indicator is plotted on an pair like "EUR/USD" the indicator will show only "USD" and "EUR", if plotted on a pair like "AUD/USD" will show only "AUD" and "USD".


I hope the explanation sounds clear, if not please do not hesitate to ask me for further details.

I have attached a copy of the indicator.

Regards.


Files:

MQ4
xmeter.mq4
11.2 Kb

Responded

1
Developer 1
Rating
(73)
Projects
257
53%
Arbitration
16
50% / 38%
Overdue
83
32%
Free
2
Developer 2
Rating
(59)
Projects
182
55%
Arbitration
31
45% / 16%
Overdue
103
57%
Free
3
Developer 3
Rating
(1235)
Projects
2820
80%
Arbitration
156
22% / 43%
Overdue
487
17%
Free
4
Developer 4
Rating
(12)
Projects
17
35%
Arbitration
1
0% / 100%
Overdue
3
18%
Free
5
Developer 5
Rating
(647)
Projects
1295
67%
Arbitration
84
26% / 49%
Overdue
338
26%
Free
6
Developer 6
Rating
(564)
Projects
845
73%
Arbitration
15
53% / 13%
Overdue
193
23%
Free
7
Developer 7
Rating
(63)
Projects
80
28%
Arbitration
17
12% / 76%
Overdue
48
60%
Free
8
Developer 8
Rating
Projects
2
0%
Arbitration
0
Overdue
0
Free
Published: 2 codes
9
Developer 9
Rating
(2)
Projects
5
20%
Arbitration
2
50% / 0%
Overdue
0
Free
10
Developer 10
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
11
Developer 11
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
12
Developer 12
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
13
Developer 13
Rating
(1)
Projects
2
0%
Arbitration
0
Overdue
2
100%
Free
14
Developer 14
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
15
Developer 15
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
16
Developer 16
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
17
Developer 17
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
18
Developer 18
Rating
Projects
0
0%
Arbitration
0
Overdue
0
Free
Similar orders
Freelance Task — EA Recovery Layer Hello. I have a ready-made MQL5 EA. The signals, SL/TP and lot calculation should essentially not be touched. I need a recovery system added. I am not a programmer — below is how the robot should behave. What stays Entry only from an EA signal. Stop-loss is not a new signal. Trailing is already built into my EA — recovery does not implement its own trailing. If trailing is disabled
# SNRZ BOT — SESSION PROGRESS LOG Last updated: 2026-09-16 (local late-evening session) ## SAN BOT (new — cloned from SNRZ) - `MQL5\Experts\AutomatedOrderBot_SAN.mq5` / `.ex5` — v1.0, compiled 0 errors/0 warnings - Signal source: custom indicator "SAN" (InpSANName, buy buf 0 / sell buf 1, target bar 1), same SNRZ-style read, MA fallback if missing - Magic number 234567 (separate from SNRZ 123456 so both bots can run
Should be as it but no alarms, also we need to add a deep search so he can see all the preves candles and a memory function so its not slowing down the indicator. for higher time frames daily 4h 1h around 365 days and for lower time frames we do up to 20k bars but both flexible so i can change it later. the memory is important so the indicator is not always recalculating everything when a new candle shows especially
Hi, I need an experienced NinjaTrader 8/NinjaScript developer to finish or rebuild an automated futures strategy, ideally by the end of this week. I already have the complete TradingView Pine Script reference strategy, an existing ~2,000-line NinjaScript implementation, Playback logs, and known historical benchmark trades. MOST IMPORTANT REQUIREMENT: TRADINGVIEW ↔ NINJATRADER PARITY. The Pine Script is the reference
I need a custom MQL5 indicator for MetaTrader 5. The indicator must automatically print entry, stop loss, and take profit zones on the chart using dots. A critical requirement is that these dots must be non-lagging and absolutely non-repainting. Additionally, the indicator needs to identify and display current supply and demand zones. Please provide the mq5 source code and the ex5 file upon completion
I need an experienced trading-data specialist who can help me obtain 3–4 years of historical market data compatible with NinjaTrader 8 . The data will be used for trading strategy development, backtesting, and analysis
Project Overview I have an existing MT5 Expert Advisor (EA) written in MQL5. The source code ( .mq5 ) will be provided. The underlying strategy is a trend-following system that performs well during trending market conditions, but requires professional quantitative research to improve its ability to identify and avoid highly sideways/range-bound market conditions. The objective of this project is not to build a new EA
Monthly Report: August 2026 World PEACE Multi FX Algo generated a total realized profit of approximately 31,966 JPY during August. The provider account is normally operated with approximately 200,000 JPY of capital. Compared with this standard operating amount, the realized profit for August was approximately 15.98%. Please note that this is not a compounded monthly return. Realized profits are withdrawn regularly
Is there anyone with an indicator that give signal after head and shoulder pattern is formed in Volatility indices? The indicator will wait for the second shoulder to be formed before giving an arrow of buy or sell
Hi, I want to develop a highly accurate, custom technical indicator for MetaTrader 5 (MT5) specifically tailored for 1-minute Binary Options trading (Quotex). I do NOT need an automated trading bot. I only need visual buy/sell arrows on the chart, an advanced alert system, and an on-chart performance statistics dashboard. The indicator must be 100% non-repainting. --- 1. STRATEGY CONFLUENCE LOGIC The indicator should

Project information

Budget
50 - 70 USD
Deadline
from 2 to 5 day(s)