CalmFx Surge Ranker MT5
- Indicators
-
Callum Gunn
CalmFx - calm, clear trading tools for MetaTrader 5.
I build and support the CalmFx toolkit: on-chart panels, multi-symbol scanners and indicators designed to work side by side on the same charts, on any symbol and any screen size, from a laptop to a 40-inch TV.
CalmFx on the Market: - Version: 1.10
- Activations: 10
Markets that move strongly and cleanly in one direction tend to keep going. CalmFx Surge Ranker scans your symbol list, or your whole Market Watch, from a single chart and scores the strength and cleanliness of each market's current move from 0 to 100. The strongest, cleanest trends appear at the top, each with its direction.
How the score works
- Momentum: the rate of change measured in ATR units, so a currency pair, an index and gold can be compared fairly.
- Trend quality: how straight the move is. A clean trend scores high, while a choppy move of the same size scores low.
- Alignment: how many timeframes agree with the direction. By default this is the chart timeframe and the next two higher ones.
- Acceleration: whether the move is building or fading.
You can change the weight of each part on the panel while it runs. A live trend that has pulled back near its fast moving average is flagged as a pullback and gets a small score bonus.
The table
- Score, momentum, quality, alignment, acceleration, direction and state.
- State reads Up surge or Down surge when the move is strong, clean and agreed on every timeframe, Building while it forms, and Pullback when a live trend has pulled back near its fast moving average.
- A session strip for Sydney, Tokyo, London and New York with overlaps.
- Sort by any column. Drag the title bar to move the panel and the corner to resize it.
- The timeframe, momentum lookback, ATR length, moving average periods and method, number of timeframes and pullback distance are all inputs.
Alerts
- An alert when a symbol becomes a clean surge, with a cooldown per symbol.
- Pop-up, sound, push notification and email. Push notifications that arrive together are combined into one message.
- Symbols that were already surging when the indicator loaded are treated as the starting point, so adding it to a chart does not set off a burst of alerts.
Notes
- The indicator does not open, change or close trades.
- No indicator handles, DLLs or web requests are used. ATR, momentum and the moving averages are calculated from price history, so it scans many symbols lightly.
- In the Strategy Tester only the tested symbol has price history, so the table shows that symbol only.
- A strong trend can end at any time. The score shows how strong and clean a move is now, not a prediction of how far it will go.
Part of the CalmFx toolkit
- CalmFx Snap Ranker MT5: what is stretched. This one: what is running.
- CalmFx Squeeze Ranker MT5, CalmFx Session Range Ranker MT5, CalmFx Trading Panel MT5 and Daily Dipper Skipper RSI Scanner complete the set.
