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GeoWprPro

WPR by Profile, or WPR for Professionals

  • Geo_WprPro is one of the well-known currency profile indicators. It simultaneously displays two WPR indicators with different parameters in the matrix form on all timeframes of multiple currency pairs forming the currency profile.
  • As follows from the description, "WPR is a leading indicator that often goes ahead of the price chart. The oscillator frequently reaches extreme values before the price reversal as if anticipating that event: it almost always forms a High and turns down a few days before the price reaches the High and turns down, and vice versa".
  • Thus, you can see if the selected instrument and other currency pairs with this instrument are ready for reversal, without switching timeframes, while tracking two indicators with different calculation periods simultaneously allows you to understand the price intentions both in the immediate and distant future.
  • The indicator is perfect for scalpers, intraday and medium-term traders since it features an excellent market entry accuracy based on the synthesis of signals from different timeframes and other currency pairs.
  • If the indicator lines go beyond the threshold values (-20/-80), the font color changes to blue/red accordingly signaling of a possible reversal. The threshold value can be changed in the parameters.
  • If the signals from different timeframes and along the entire currency profile match each other, the signal is amplified considerably.
  • The indicator also shows the upcoming market entry opportunity.
  • Since the indicator displays and analyzes the instrument profile (simultaneous display of a selected instrument on various pairs), the indicator works with a set of currency pairs the instrument profile can be compiled of. All instruments that should be used to build a profile are set the same way as in the "Market Watch" in the AllSymbols input (comma separated, no spaces). The list can be changed/added by a user.


Parameters

Display Section - how to display

  • ALL - display as a matrix (True) or only for one instrument as a line (False).
  • NumberOfCurrensy - First or Second - select currency in a pair the profile is built for (First/Second).
  • AllSymbols = "EURGBP, AUDUSD, NZDUSD, EURUSD, GBPUSD, USDJPY, USDCAD, USDCHF, EURJPY, EURCAD, EURCHF, GBPJPY, GBPCAD, GBPCHF, AUDJPY, NZDJPY, AUDCAD, AUDCHF, NZDCAD, NZDCHF, CADJPY, CADCHF, CHFJPY, AUDNZD, EURAUD, GBPAUD, EURNZD, GBPNZD, XAUUSD, XAUEUR, XAUAUD, XAUGBP, XAUCHF, EURPLN"; - list of all symbols participating in building the profile.

WPRParametres - WPR parameters

  • WPRPeriod1 - first indicator period.
  • WPRPeriod2 - second indicator period.
  • WprThreshold - threshold for changing color for overbought/oversold conditions (usually -20).

WhatCalculate - what to calculate

  • MaxTimeFrame - maximum timeframe, on which the calculation is performed and which is to be displayed (M1, M5, M15, M30, H1, H4, D1, W1, MN)
  • HowManyTF - how many timeframes are to be calculated and displayed (starting with the highest one set in MaxTimeFrame).
  • iBar - bar index for calculation, = 0 - current bar, =1 - closed bar. The values of 2, 3, etc. can be used to display with a shift to the appropriate number of bars back into history. I use 1.

ChartPlace - matrix location parameters.

  • PosX - X coordinate for locating the matrix on the chart. I use 350.
  • PosY - Y coordinate for locating the matrix on the chart. I use 50. The matrix is placed in the upper right corner of the chart.
  • dX - distance between columns.
  • dY - distance between rows.

Geo_Info - display main data on a symbol like in the Geo_Info indicator.

  • Show_Geo_Info - True or False - display main data on the instrument in the left corner as a line, like in Geo_Info.
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Currency Strength Meters are a great way to identify strong and weak currencies. With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD. Suggested timeframes to scan is: M15 - H1 - H4 - Daily  You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow.  The strength s
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Currency Strength Matrix
Raymond Gilmour
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
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TMA Currency Meter
Paul Geirnaerdt
TMA Currency Meter is the ultimate currency meter. Based on the Triangular Moving Average of all available symbols, this indicator shows which currencies are strong, strengthening, weak or weakening. Experienced as well as novice traders will see the strong and weak currencies in the blink of an eye, and know which trade possibilities to explore further. TMA Currency Meter is a true Multi Timeframe indicator. It is easy to show the currency strengths for a higher timeframe than the chart timefra
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ShvedSupDem Pro Zone
Andrey Shvedov
Let us analyze what supply and demand are, and how relevant the expression "market memory" is. The screenshots show the operation of the SupDem-Pro custom indicator, it is the improved version of my previously created Shved Supply and Demand indicator. In order to create it, I gave up trading for almost 3 years and studied a lot of literature, I have not traded during this time, but only analyzed the behavior of the price in different situations. It took me quite a long time to correctly formula
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TPA Sessions MT4
InvestSoft
"TPA Sessions" indicator is a very important tool to complement  "TPA True Price Action" indicator . Did you ever wonder, why many times the price on your chart suddently turns on a position you can`t explain?  A position, where apparently no support or resistance level, or a pivot point, or a fibonacci level is to identify? Attention!!! The first run   of the TPA Session indicator must be in the open market  for the lines to be drawn correctly. Please visit our blog to study actual trades wi
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Infinity TrendLine PRO
Evgenii Aksenov
TrendLine PRO indicator is based on the analysis of the strength of bulls and bears.  TrendLine PRO never repaint and does not change the levels!!! It shows the highlighted trend line (blue is bulls and red is bears), the entry point and the calculated TakeProfit and StopLoss levels.  You can manage levels and other settings which makes the TrendLine PRO a universal tool for any strategy You can find additional set files in the telegram chat.   You can learn how to set the indicator in the blog
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