Multiple Indicator Matrix with Alert by RunwiseFX

5

The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up.

The product offers a great way to create an alert when multiple indicators are in agreement, whether they be standard indicators or custom indicators, including those purchased via Market.

Information on multiple symbols can be shown on the same chart by using multiple instances of the indicator, each configured with a different symbol and position.

The properties of the standard indicators can be changed via the indicator inputs and a wide variety custom indicators are supported. The standard indicators shown by default are: ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Any of these can be turned off.

Notes when using strategy tester: The test needs to be running at least market speed for the alert tick boxes to work. Alerts will appear in the Journal tab. Indicators on the weekly and monthly timeframes may not be calculated.


Inputs

  • Important_alertThresholdPercentage - Threshold at which alert will happen, e.g. if set to 75 would mean 75% of indicators would need to agree for alert on the timeframe.
  • Important_alertOnlyWhenAllSelectedMatch - If true, then will only alert if all the selected timeframes are in agreement.
  • Important_defaultAlerts - Set to 1 if alert should be on by default. Values are comma separated for each timeframe.
  • Important_periodsToShow - Periods (timeframes) to show. Values are comma separated.
  • Important_symbol - Symbol to show information for. If blank will be the symbol of the chart.
  • Main_alertAllResetLevel - How many periods need to have gone other way for alert to reset
  • Main_disableSpreadAskBid - If true then won't show spread/ask/bid
  • Main_distanceMethod - How to look back for indicators showing arrows/dots
  • Main_drawBackground - Set false to turn off background
  • Main_indiExamineCandles - (used for debugging)
  • Main_maxBarsToSearch - How far to search back for indicators showing arrows/dots
  • CustomN_indicatorName - Custom indicator name as appears in Indicators folder in your MetaTrader Data Folder
  • CustomN_indicatorDisplayAs - Indicator name to display as in the matrix. If left blank then will truncated CustomN_indicatorName.
  • CustomN_indicatorProperties - Indicator properties. Should be comma separated in the order they appear in the indicator. Boolean type inputs should be set as 0 or 1 and text inputs should be enclosed in double quotes. If left blank then the default indicator properties will be used.
  • CustomN_colorIndex - Color index of the indicator to show in matrix. Can be comma separated if buy and sell indexes need to be supplied.
  • CustomN_shift - Candle shift to use for indicator capture, where 0 is live candle and 1 is most recently closed candle
  • CustomN_midPoint - Mid point to be used if only one color index is supplied and gives the indicator value that represents the transition from buy to sell
  • CustomN_nullValue - Null value to be used to decide if the indicator value should be ignored / regarded as not present. AUTO is EMPTY_VALUE or 0
  • CustomN_captureMethod - Controls how the indicator value should be interpreted (see video for examples)
  • Show_* - Allows the standard indicators to be turned on/off, in terms of being in the matrix and contributing to the alert
  • Box_* - Allows the position of the matrix to be changed
  • Property_* - Allows the properties of the standard indicators to be changed, e.g. period of moving average
  • Gen_alert* - Allows the alert to be sent to mobile / email
  • (other properties) - These are cosmetic and shouldn't need to be changed
Note, further details for setting inputs can be found in the manual - a link to which is in the Comments tab.


Converting Into an EA to Trade Automatically

Our Ultimate Trade Manager can configured to trade the signals from the Matrix automatically. Contact us for details.

Reviews 2
Birds_eye
329
Birds_eye 2024.04.25 20:44 
 

Good indicator, well designed and very useful. A must have definitely.

Corentin Lobet
1424
Corentin Lobet 2017.12.22 12:34 
 

Very well job ! Beautiful, customizable at will, useful for those who use indicators... Even if I don't use it anymore I have no regrets for this purchase.

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FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade
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Fully functional manual trade panel with lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), auto SL/TP and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts. Features Lot size calculation - based on % of account to risk, fixed amount or dynamic lots Automatic take profit based on risk reward ratio
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Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
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Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre
Description The product draws lines on the chart to show daily support, resistance and pivot plus weekly and monthly pivot. An alert can be set when the price reaches one of the lines or the price closes above/below it. This can be useful for both entry and exit. The alerts can be controlled interactively directly from the chart. The product also includes bonus indicators of Average Daily Range (or Average True Range - configurable), current spread and ask/bid prices in large text, color coded a
Description Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great entry point. The alert is controllable directly from the chart, with an on-chart tick box to enable the alert. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as
Provides the simplicity of binary options but addresses the shortcomings of regular binary options, namely: Poor risk reward ratio, fixed duration trades, poor broker choice, poor indicators/alerts, no hidden (stealth) stop loss/take profit, etc. Features 1 to 1 risk reward ratio, calculated automatically (configurable) Manual (with alert) or automatic trade entry (on alert conditions) Lot size calculation (money management) - based on % of account to risk or fixed amount Compact interactive on
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
The indicator displays trend strength, including showing the transition from buy to sell and visa versa. It is ideal for trend following strategies and also highlights possible reversals/flattening trend with a yellow X on the indicator window. By default, the indicator does not repaint/flicker, however, there is an option to calculate on the live candle but even then the indicator will not repaint unduly. The indicator can also be used for exit. Usage Enter long/buy trade when the indicator tr
The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
The first currency based indicator to draw a distinction between map and strength. The map shows the currencies in terms of oversold/overbought levels and gives the direction of travel. The currency strength calculates and shows the strength of that move. Alerts are included for changes in currency direction on the map (confirmed over two bars) and also when the strength reached the appropriate level.  The currency map is useful for finding currency pairs to trade and in which direction. Look fo
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies, where it can filter out flat/choppy markets. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great trade entry point. The alert is controllable directly from the chart, via a tick box. Also, the product includes bonus indicators of the current spread and ask/bid prices in l
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
The first currency based indicator to draw a distinction between map and strength. The map shows the currencies in terms of oversold/overbought levels and gives the direction of travel. The currency strength calculates and shows the strength of that move. Alerts are included for changes in currency direction on the map (confirmed over two bars) and also when the strength reached the appropriate level.  The currency map is useful for finding currency pairs to trade and in which direction. Look fo
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Birds_eye
329
Birds_eye 2024.04.25 20:44 
 

Good indicator, well designed and very useful. A must have definitely.

Corentin Lobet
1424
Corentin Lobet 2017.12.22 12:34 
 

Very well job ! Beautiful, customizable at will, useful for those who use indicators... Even if I don't use it anymore I have no regrets for this purchase.

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