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Investing Technical Analysis by Hitz

This indicator provides the technical overview using following tools:

  1. Pivot Points
  2. Technical Indicators
  3. Moving Averages

Pivot Points are calculated using five different methods:

  1. Classic
  2. Fibonacci
  3. Camarilla
  4. Woodie
  5. DeMark

With technical indicators, you can find trading signals using the combination of different indicators. It supports:

  1. RSI
  2. Stochastic
  3. Stochastic RSI
  4. MACD
  5. ADX
  6. CCI
  7. ATR
  8. Ultimate Oscillator
  9. ROC
  10. Bull/Bear Power

Moving Averages are used to find the direction of the trend using multiple Moving Average indicators. Rules to It calculate:

  • Ask < MA, SELL
  • Bid > MA, BUY
  • Ask > MA > Bid, no signal

After you attached the indicator to a chart it will show the following information on the chart:

  1. Pivot point levels
  2. Technical indicators, their values and the signal generated from them.
    1. Buy and Sell count
    2. Summary: Conclusion
  3. Multiple MAs arranged by their method
    1. Buy and Sell count
    2. Summary: Conclusion

Blog: https://www.mql5.com/en/blogs/post/717793


Parameters

Pivot Points

  • Pivot Points Timeframe: Select timeframe used to calculate pivot points
    • Minute 1
    • Minutes 5
    • Minutes 15
    • Minutes 30
    • Hour 1
    • Hours 4
    • Day 1
    • Week 1
    • Month 1
    • Current: It takes the timeframe from current chart
  • Show Classic: Show classic levels
  • Show Fibonacci: Show Fibo levels
  • Show Camarilla: Show Camarilla levels
  • Show Woodie: Show Woodie levels
  • Show DeMark: Show DeMark levels

Technical Indicators

  • RSI
    • Period: Number of periods for RSI calculation
    • Applied Price: Method
      • Close
      • Open
      • High
      • Low
      • Median
      • Typical
      • Weighted
  • Stochastic
    • K Period: Number of time periods for stochastic calculation
    • D Period: Number of time periods used to calculate a moving average of K Period
    • Slowing: Internal smoothing of K Period. A value of 1 is considered a fast stochastic and a value of 3 is considered a slow stochastic
    • MA Method: Method used to calculate D Period
      • Simple
      • Exponential
      • Smoothed
      • Linear-weighted
    • Price Field
      • Low/High
      • Close
  • Stochastic RSI
    • RSI Period: Number of periods for RSI calculation
    • RSI Applied Price: Method
      • Close
      • Open
      • High
      • Low
      • Median
      • Typical
      • Weighted
    • Stoch K Period: Number of time periods for stochastic calculation
    • Stoch D Period: Number of time periods used to calculate a moving average of K Period
    • Stoch Slowing: Internal smoothing of K Period. A value of 1 is considered a fast stochastic and a value of 3 is considered a slow stochastic
  • MACD
    • Fast EMA Period: Number of periods for fast exponential moving average
    • Slow EMA Period: Number of periods for slow exponential moving average
    • Signal SMA Period: Number of periods for signal simple moving average
    • Applied Period: Method
      • Close
      • Open
      • High
      • Low
      • Median
      • Typical
      • Weighted
  • ADX
    • Period: Number of periods
    • Applied Price: Method
      • Close
      • Open
      • High
      • Low
      • Median
      • Typical
      • Weighted
  • Williams %R
    • Period: Number of periods
  • CCI
    • Period: Number of periods
    • Applied Price: Method
      • Close
      • Open
      • High
      • Low
      • Median
      • Typical
      • Weighted
  • ATR
    • Period: Number of periods
  • Ultimate Oscillator
    • Fast Period: Number of periods to calculate shortest average
    • Middle Period: Number of periods to calculate middle average
    • Slow Period: Number of periods to calculate longest average
    • Fast K: Factor for shortest average
    • Middle K: Factor for middle average
    • Slow K: Factor for longest average
  • ROC
    • Period: Number of periods
  • Bull/Bear Power
    • Period: Number of periods
    • Applied Price: Method
      • Close
      • Open
      • High
      • Low
      • Median
      • Typical
      • Weighted

Moving Average

  • Period: Number of periods
  • Method: Method
    • Simple
    • Exponential
    • Smoothed
    • Linear-Weighted
  • Price: Applied Price
    • Close
    • Open
    • High
    • Low
    • Median
    • Typical
    • Weighted

Display Setting

  • Display: Shows the indicator information on chart
  • Location: Location of the display window
    • Top-Left: Display all the details in top-left place
    • Bottom-Left: Display all the details in bottom-left place
  • Font Size: Size of the font
  • Support/Buy Color: Color of Buy Signal
  • Resistance/Sell Color: Color of Sell Signal
  • Other Color: General Color
  • Header/Footer Color: Header and footer color of display window
  • Background Color: Background color of display window
  • Position X: X-axis position of display window
  • Position Y: Y-axis position of display window


Author

Connect with me at https://www.mql5.com/en/users/hitaroratrader

You can contact me for:

  1. Any bug fixing or clarification in the indicator.
  2. New additions to the indicator.
  3. Automating the indicator based on your strategy.
No reviews
Version 1.1 - 2018.06.26
Bug Fixes.