• Overview
  • Reviews (1)
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Verdure TrendCentric Matrix

This indicator is a simple, highly efficient multiple ATR-based, Multicurrency and Multi-timeframe (MTF) Trend Visualizer that displays trend across 9 timeframes from M1 to MN1 for all 28 major Forex pairs. This indicator allows you to see the predominant trend for all 28 pairs across all 9 timeframes on a single panel without changing timeframes. As it is often said, the trend is your friend until the next bend, this indicator helps bring this statement to life by giving you a sneak peep into other timeframes within a single panel.

Features

  • Robust alerting functionality that generates alert, email or mobile notification when trend on timeframes set by user is either up or down. For example, you can configure alert, email or push otification to be sent by the indicator if trend on M5 to H4 (i.e. M5, M15, M30, H1 and H4) is either UP or DOWN for any of the 28 pairs.
  • Trend for all 28 Forex pairs is displayed on a single panel which gives you a holistic, overall and complete view of the Forex market.


Input Parameters

  • atrperiod - Period for ATR calculation
  • multiplier - ATR multiplier
  • lowerTF - Specify the lower timeframe from which you want alerts, push notification and/or email generated. When the trend from 'lowerTF' to 'higherTF' is same, alerts, push notification and/or email will be generated for that pair.
  • higherTF - Specify the higher timeframe from which you want alerts, push notification and/or email generated. When the trend from 'lowerTF' to 'higherTF' is same, alerts, push notification and/or email will be generated for that pair.
  • sendemail - Select 'True' if you want email sent when trend from lowerTF to higherTF is same for any pair.
  • pushnotification - Select 'True' if you want push notification sent to mobile device when trend from lowerTF to higherTF is same for any pair.
  • alert - Select 'True' if you want alert generated when trend from lowerTF to higherTF is same for any pair.


Benefits

  • Helps you to make informed trading decisions based on the predominant trend across several timeframes and across the entire Forex market.
  • Improves trading decision by giving you peace of mind knowing what the trend is on the entire Forex market.

Note:

  • All 28 currency pairs must be present in Market Watch for optimum performance of this indicator
  • If trend does not display for any Symbol on any timeframe, just open the chart for the specific symbol and the activate the timeframe. The panel will update immediately.
Joel Simmons
3587
2017.05.29 03:19 
 

The Idea of this indicator is good , but overall I could not use it long term simply due to the way it performs. I have a i7, Quad Core, 16 gig PC, and this indicator has constantly locked up my terminal. Also it is very depended on you or your broker having at least a month of data for each pair download on the terminal. I cant run it on a VPS because it takes too many resources, and when I manage to get it to work on a terminal, I try not to shut the PC down. I had to create a terminal just for this indicator and was not able to place trades on it. After a while, I just stopped using it as it became a hassle, but the concept is good.