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ChartOverlay

FREE

Published: 25 July 2024

Current version: 1.0

ChartOverlay

Indicators
Sergii Krasnyi
Sergii Krasnyi
Ukraine

2758
5 (8)
Dear ladies and gentlemen, members of the stock market, Greetings.
My name is Sergey Krasny, and I have been involved in trading and programming for more than ten years.
My path in studying this field started in 2011, and I realized my first custom project in 2013.

9 products 1 comment
Version: 1.0

ChartOverlay indicator has two main functions

1. mirroring - i.e. for example, it will make USDEUR from EURUSD

2. displaying the price chart of the selected financial instrument (with selected period) in the subwindow of the main chart.

This tool allows traders to easily analyze the relationship between different currency pairs and assets, offering unique customization and visualization features.

Key Features:

Price Chart Display:
The indicator displays the price chart of the selected instrument in a separate sub-window, allowing users to track its changes alongside the main chart.
Redrawing (Mirroring) Function:
The indicator supports a mirroring function, allowing, for example, to transform the EUR/USD chart into USD/EUR. This enables analysis of reverse currency pairs without the need to switch between instruments.
Color Customization:
Users can choose whether the indicator's colors will copy the main chart's colors or set their own colors for better visualization and personalization.
Instrument and Timeframe Selection:
The indicator's parameters include selecting the financial instrument (e.g., currency pair, stock, index) and the timeframe (e.g., minute, hourly, daily chart). This provides flexibility and convenience in data analysis.

Advantages of Using ChartOverlay:

Ease of Analysis: Displaying an additional chart in the sub-window allows for more efficient comparison and analysis of the relationships between instruments.
Personalization: The ability to customize colors and display parameters allows the indicator to be tailored to the trader's individual preferences.
Mirroring Function: The unique mirroring capability offers new ways to analyze and make trading decisions.

Usage:

The ChartOverlay indicator is ideal for traders looking to deepen their understanding of market correlations and improve the quality of their trading decisions. It is easy to install and configure, offering a wide range of options for personalization and data analysis.

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SpreadChartOscillator is an indicator that displays the spread line of a symbol in the subwindow of the oscillator. In the parameters it is possible to specify another symbol from which the spread line will be broadcast. If the "Symbol" parameter is left empty, the spread line will be displayed from the current symbol on which the indicator is set. This tool is ideal for traders who want to see the spread dynamics in the oscillator format and use it to protect themselves from entering the market

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Maxim Bazuev 2024.09.20 08:44 #

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