LineSyncMirrorCharts

4

Indicator of correlation and divergence of currency pairs - all pairs on one price chart. It shows all pair that are open in the terminal. Full synchronization of all charts.

Does not work in the tester!

MT4 version


Advantages

Traders who use multicurrency trading strategies can visually observe the price movement of selected pairs on a single price chart in order to compare the parameters of their movement. This is an advanced and extended version of the OverLay Chart indicator

It is quite effective assistant for multicurrency trading - "paired trading" and "portfolio trading". It helps identify the emerging movements in advance.

The method consists of two strategies. The first one is designed to search for divergences between the currency pairs after a release of high-impact news or at the time the trading floors open. The logic of such operation is extremely simple. It is based on the assumption that once the "storm" in the market subsides, the delta between the price of instruments will begin to converge. It is recommended to pay attention to strong support and resistance levels, in order to avoid buying right under a strong resistance and selling at the very bottom.

Identification of false breakouts of the support/resistance levels.


Features

  • Invert any pair on the chart
  • Identify the regularities in history in the form of virtual buys or sells of multiple pairs
  • Calculates the distance in points the price had passed on the selected interval
  • Visually determine the strength of the currency movement
  • Select different display color for each currency pair
  • Display style: Bars, Candles, Lines, Heiken Ashi
  • Synchronization of timeframes and scrolling of all charts
  • Ability to trade any pair on one main chart
  • Alert when exceeding the price change in "Points" per "Time"

It can be conveniently used in conjunction with the "CorrelatePairs" indicator


Warning

The indicator should be placed on one chart!

Does not work in the tester!

See the video for more details

The EA used in the video is attached in the Comments section (attach to one chart only!)

Reviews 1
Peiro Rahbari
555
Peiro Rahbari 2024.12.13 09:08 

very good thank you mr vitaly

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CorrelatePair
Vitaly Muzichenko
Advantage The analyzer provides an opportunity to examine correlation in history, for example, for the previous month excluding the current one, thus allowing you to evaluate symbol movement in history. It can be conveniently used in conjunction with the LineSyncMirrorCharts analyzer. Charts are synchronized by a market type: Forex, CFD, Futures, and Indices. The analyzer calculates the distance covered by the price on a specified period in points. The tool fits pairs and portfolio traders. Des
VisualInfoMoves
Vitaly Muzichenko
Automatic calculation of lot size based on the StopLoss level: it calculates the lot with consideration of the risk percentage. Enter the deposit percentage and set the line to the planned StopLoss level. The lot size for the entry will be output as a result. The TakeProfit will also be calculated with taking into account the profit/loss ratio, and their profit/loss in the deposit currency. Thus, the end result of the trade can be seen immediately, which is an integral part of successful trading
EasyTrades
Vitaly Muzichenko
1 (1)
Small trading panel for managing orders and positions in 1 click for MetaTrader 5 The version for MetaTrader 4 is here , you can check it in the tester without restrictions Set hidden TakeProfit, StopLoss and pending orders at lines placed on the chart. Virtual breakeven. Virtual trailing stop. Close all positions. Close only Buy positions. Close only Sell positions. Work in the back testing mode (working in the tester is limited). Place up to 20 virtual orders. News trading and operation by tim
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Peiro Rahbari
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Peiro Rahbari 2024.12.13 09:08 

very good thank you mr vitaly

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