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
314
Birds_eye 2024.04.25 20:44 
 

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

Corentin Lobet
1425
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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Juvenille Emperor Limited
5 (16)
Indicators
Matrix Arrow Indicator MT5  is a unique 10 in 1 trend following   100% non-repainting  multi-timeframe indicator that can be used on all symbols/instruments:   forex,   commodities,   cryptocurrencies,   indices,   stocks .  Matrix Arrow Indicator MT5  will determine the current trend at its early stages, gathering information and data from up to 10 standard indicators, which are: Average Directional Movement Index (ADX) Commodity Channel Index (CCI) Classic Heiken Ashi candles Moving Average
The iChannels
BeeXXI Corporation
5 (2)
Indicators
Ultra-fast recognition of parabolic channels (as well as linear, horizontal and wavy channels) throughout the depth of history, creating a hierarchy of channels. Required setting: Max bars in chart: Unlimited This indicator is designed primarily for algorithmic trading, but can also be used for manual trading.  This indicator will have a very active evolution in the near future and detailed descriptions on how to apply to create robots
Smart Price Action Concepts MT5
Issam Kassas
4 (13)
Indicators
First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for professional trading . Online course, user manual and demo. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one , combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focus
SuperScalp Pro
Van Minh Nguyen
Indicators
SuperScalp Pro  — Hybrid Supertrend Scalper SuperScalp Pro expands the classic Supertrend concept into a hybrid scalping instrument designed for short- to medium-term setups across multiple timeframes (M1–H1). The indicator combines a visually intuitive Supertrend band with multiple optional confirmation metrics to deliver high-probability entries while keeping risk management simple: stop loss and take profit levels are computed dynamically from ATR and drawn directly on the chart. Alerts are
Order Blocks ICT Multi TF MT5
Diego Arribas Lopez
Indicators
[ MT4 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analysis
KT Trend Trading Suite MT5
KEENBASE SOFTWARE SOLUTIONS
Indicators
KT Trend Trading Suite is a multi-featured indicator that incorporates a trend following strategy combined with multiple breakout points as the entry signals. Once a new trend is established, it provides several entry opportunities to ride the established trend successfully. A pullback threshold is used to avoid the less significant entry points. MT4 Version is available here  https://www.mql5.com/en/market/product/46268 Features It combines several market dynamics into a single equation to
Dark Absolute Trend MT5
Marco Solito
4.67 (12)
Indicators
Dark Absolute Trend   is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy but use also candlestick patterns and Volatility. We can enter in good price with this Indicator, in order to follow the main trend on the current instrument. It is advised to use low spread ECN brokers. This Indicator does   Not repaint   and   N ot lag . Recommended timeframes are M5, M15 and H1. Recommended working pairs: All. I nstallation and  Update Guide   -  Troubleshooting
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Currency Map and Strength by RunwiseFX
Runwise Limited
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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
Trade Panel Pro by RunwiseFX MT5
Runwise Limited
4.7 (67)
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Runwise Limited
5 (1)
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Runwise Limited
4.75 (4)
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Runwise Limited
4.85 (33)
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5 (5)
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RunwiseFX Heikin Ashi with Alert
Runwise Limited
Indicators
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
RunwiseFX Support Resistance Pivot with Alert
Runwise Limited
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RunwiseFX Market Trending plus Alert
Runwise Limited
4.67 (3)
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RunwiseFX Intelligent Binary Options EA
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Runwise Limited
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Indicator Combine Merge by RunwiseFX
Runwise Limited
4.92 (12)
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Runwise Limited
5 (12)
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5 (4)
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3.67 (3)
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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
Market Trending plus Alert by RunwiseFX
Runwise Limited
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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
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Runwise Limited
5 (1)
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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
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Runwise Limited
5 (1)
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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
Currency Map and Strength MT5 by RunwiseFX
Runwise Limited
Indicators
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
314
Birds_eye 2024.04.25 20:44 
 

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

Corentin Lobet
1425
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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