Currency power correlation MACD MT5
The indicator shows the convergence/divergence of the moving averages of strength lines of the selected currency as a 4-colored histogram. The intersection of the zero mark by the signal line is additionally confirmed by toggled arrows on the chart. It is possible to select the display of both the direct ratio EURUSD and the reverse ratio USDEUR. The currencies are selected regardless of the currency pair of the chart the indicator is attached to. Apart from the main smoothing of the calculation period values, it is possible to enable an additional smoothing of the resulting difference of the values (signal line). Among the additional indicator buffers there is a buffer which records the absence of data (chart gaps) for each calculated bar. The indicator can also work with brokers using currency prefixes, such as "EURUSD.m", for that it is necessary to enter the value into the corresponding parameter. The number of currency pairs for the analysis is regulated and is initially set to 13 currency pairs, collected on a combination of used currencies from 8 majors, to speed up the calculations it is recommended to use only those currency pairs, among which the used currency is present, that is the set for the analysis of the EUR and USD consists of 13 pairs and will look like this:
"EURUSD,EURGBP,EURCHF,EURJPY,EURAUD,EURNZD,EURCAD,GBPUSD,AUDUSD,NZDUSD,USDCAD,USDCHF,USDJPY"Alternative variants of calculation of the strength of the currencies: Currency Power Meter Linear, Real Currency Power Meter Linear, Relative Pairs Correlation
- PowerPeriod - period of the currency strength analysis,
- HistoryBars - limit of calculation and display of the historical data of the indicator in bars to speed up the performance,
- SmoothingPeriod - smoothing period of the analyzed data,
- SmoothingMethod - smoothing method of the analyzed data,
- CorrelationSmoothingPeriod - smoothing period of the total difference of the currency strength (signal line).
- CorrelationSmoothingMethod - smoothing method of the total difference of the currency strength (signal line).
- ShowZeroCrossArrows - enable/disable additional display of intersection of the zero value of the indicator on the main chart using arrows.
- UseAbsoluteValues - use absolute values, otherwise the values are rounded to steps of the array of the inner range,
- ArrowShift - up/down shift of the arrow displaying the intersection of the zero value on the main chart,
- ArrowUpColor - color of the arrow showing the upwards crossing of the zero,
- ArrowDnColor - color of the arrow showing the downwards crossing of the zero,
- ArrowUpCode - symbol code of the arrow showing the upwards crossing of the zero,
- ArrowDnCode - symbol code of the arrow showing the upwards crossing of the zero,
- ArrowsSize - arrow size,
- AddDigits - increased accuracy of values by adding decimal places,
- CurrencyMain - name of the main currency (currency pair numerator)
- CurrencyDiv - name of the additional currency (currency pair denominator)
- UsePairs - the currency pair list of the currencies used for the analysis of the currency strengths, separated by commas, if your broker does not support any of the pairs, it needs to be removed from the list,
- PairPreffix - prefix of the currency pair names of your broker (if there is one, otherwise leave the parameter blank),
- ShowWarningComments - enable/disable warning display. including the error warnings, in the comments,
- ShowHolesCount - enable/disable the display of the information on absence of the chart data (gaps).
The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. Features Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX , Composite index , ATR, OBV, MFI and Momentum . Only one oscillator/indicator can be selected. Draws solid lines for regular/classica
Multi-TimeFrame version of the Super Trend (SuperTrend) indicator with filling function based on MQL4 code . Input parameters: TimeFrame - used time frame: Can be any of ENUM_TIMEFRAMES values. TimeCorrection - use time correction: Can be true or false (see the first screenshot with true input and a second is false). Period - period to calculate the index: Can be larger than 0. Multiplier - value of multiplier parameter: Can be larger than 0. ShowFilling : Can be true or false. You can
The Gann Box (or Gann Square) is a market analysis method based on the "Mathematical formula for market predictions" article by W.D. Gann. This indicator can plot three models of Squares: 90, 52(104), 144. There are six variants of grids and two variants of arcs. You can plot multiple squares on one chart simultaneously. Parameters Square — selection of a square model: 90 — square of 90 (or square of nine); 52 (104) — square of 52 (or 104); 144 — universal square of 144; 144 (full) — "full" ve
The best time to trade Using this Indicator is when the time reach exactly hour,half,45 minutes,15 minutes and sometimes 5 minutes.. This indicators is helpful to those who trade boom and crash indecies.How to read this indicator first you'll see Blue allow and Red allow all these allows used to indicate or to detect the spike which will happen so the allow happens soon before the spike happen.This indicator works properly only in boom and crash trading thing which you have to consider when
The TrendLine PRO MT5 indicator is a version for MT5 of the popular INFINITY TrendLine PRO indicator (mt4). The calculation of indicator signals is based on the frequency range of the market. The INFINITY TrendLine PRO indicator is based on an analysis of the average range of price (ATR). It shows the trend change, entry point and recommended TakeProfit and StopLoss levels. TrendLine PRO does not redraw the trend line and does not change trading levels. Trade Utility EA for AUTO/SEMI-AUTO/MANUAL
Attention: Forex Traders "Get A Chart Indicator That Will Make You MORE Money When Trading In The Market…." Yes! I'm ready to earn MORE money, create trading simplicity, and have an easy understanding of what the market is doing in REAL-TIME! Let’s face it, trading on the Forex Exchange can seem complicated, stressful, and perplexing! The charts can become overwhelming and confusing without the right system and indicator guide. Eliminate the feel of the knot in your stomach as you wonder i
The best time to trade Using this Indicator is when the time reach exactly hour,half,45 minutes,15 minutes and sometimes 5 minutes This indicators is helpful to those who trade boom and crash indecies.How to read this indicator first you'll see Blue allow and Red allow all these allows used to indicate or to detect the spike which will happen so the allow happens soon before the spike happen.This indicator works properly only in boom and crash trading thing which you have to consider when y
The indicator is designed specifically for scalping on trending market areas on timeframes M5-H1. The complex algorithm is a combination of multiple indicators which change dynamically based on the market situation. In addition to the basic signals, it also has additional ones (more frequent, but less accurate). Two built-in switchable filters can be used for filtering signals. The recommended timeframe is M15. The signal is accompanied by an additional direction line, at the end of which the pr
The indicator displays in a separate window a price chart as bars or Japanese candlesticks with a periodicity below a minute. Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1. The display mode (bars or candlesticks) is switched by clicking on the chart. Parameters Period in seconds - the period of bars in seconds Price levels count - the number of price levels on a chart Buffer number: 0 - Open, 1 - High, 2 - Low, 3 - Close, 4 - Color.
The indicator is an extended version of the Alan Hull Moving Average. You can define the price and smoothing mode for each of the inner moving averages, including the resulting one. The parameters also feature a moving average "half-period" for a broader selection of values. Besides, it is possible to shift the line left/right and up/down along the chart in points and/or percentage. Growth/fall of a moving average are highlighted in different colors. Parameters MainPeriod - main inner moving a
This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel. Risk Reward Ratio Indicator works on all kind of symbols: currency pairs, indices, metals, commodities, cryptocurrencies, etc. If you want to make sure that Risk Reward Ratio Indicator works on your favorite symbols contact us and ask for 7-day free trial to test this tool without limits. If you want to place orders easier, faster and more intuitive? If you like to mark trade entry and exit p
Nowadays a lot of traders need to open more positions for the same pair, because one position is not usually the best possible position. Thus a lot of trades are accumulated, sometimes with different lot sizes, and it is not easy to calculate the breakeven price of all opened positions. For solving this issue the Breakeven Price indicator was created. Breakeven Price is an MT5 indicator which calculates real time the breakeven price of all Buy & Sell positions opened by trader or EAs. It shows r
Two Period RSI + Alerts compares long-term and short-term RSI lines, and plots a fill between them for improved visualization. Fill is colored differently according to an uptrend (short period RSI above long period RSI) or a downtrend (short period RSI below long period RSI). Short-term RSI crossing long-term RSI adds a more robust trend confirmation signal than using single period RSI alone. This is a tool to help visualize and confirm RSI trends. We hope you enjoy! Alerts Email, message, and
The indicator displays in a separate window a price chart as Heiken Ashi candlesticks with a periodicity below a minute. Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1. It is possible to select the base price for calculations. Parameters Time frames - the period of candlesticks in seconds. Price levels count - the number of price levels on a chart. Applied price - the price used in calculations. Buffer number: 0 - Heiken Ashi Open, 1 - Heiken Ashi High, 2 - Heiken Ashi Low,
This scanner shows the trend values of the well known indicator SuperTrend for up to 15 instruments and 21 time frames. You can get alerts via MT5, Email and Push-Notification as soon as the direction of the trend changes. Important Information You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H12 time frame shows a re
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
The FFx Watcher PRO is a dashboard displaying on a single chart the current direction of up to 15 standard indicators and up to 21 timeframes. It has 2 different modes: Watcher mode: Multi Indicators User is able to select up to 15 indicators to be displayed User is able to select up to 21 timeframes to be displayed Watcher mode: Multi Pairs User is able to select any number of pairs/symbols User is able to select up to 21 timeframes to be displayed This mode uses one of the standard indicators
Stochastic Oscillator displays information simultaneously from different periods in one subwindow of the chart. Parameters %K Period — K-period (number of bars for calculations). %D Period — D-period (period of first smoothing). Slowing — final smoothing. Method — type of smoothing. Price field — stochastic calculation method . Timeframes for Stochastic — list of periods, separated by a space or comma or semicolon. Number of bars for each period — the number of bars displayed for each period.
Trading Sessions Pro is a trading session indicator with extended settings + the ability to install and display the custom period. Download the demo version to try the indicator's functionality. Main Advantages The indicator allows you to conveniently manage display of trading sessions on the chart. There is no need to enter the settings each time. Just click the necessary trading session in the lower window and it is highlighted by the rectangle on the chart! The indicator has two modes of de
This indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment) when the MACD main line crosses the signal line. when the signal line crosses the MACD zero(0) line. Features The indicator can write the signals to a file which can be used by an Expert Advisor for auto tradi
Any financial instrument that is traded on the market is a position of some active towards some currency. Forex differs from other markets only in the fact, that another currency is used as an active. As a result in the Forex market we always deal with the correlation of two currencies, called currency pairs. The project that started more than a year ago, helped to develop a group of indicators under a joint name cluster indicators. Their task was to divide currency pairs into separate currenci
The Netsrac Correlation Trade Indicator (NCTI) was created to trade correlations between different assets. NCTI offers five different strategies to do this. Five different correlation trading strategies with two or three assets Fast access your assets with one click via asset buttons Your profit/loss at a glance Configurable alerts via screen or mobile You can use the indicator with every timeframe. Higher timeframes give fewer but better signals. If you have some questions or suggestions - plea
Технический индикатор Universal Oscillator является комбинацией торговых сигналов самых популярных и широко используемых осцилляторов. Индикатор представлен гистограммами, а также линиями fast и slow MA, что позволяет расширить список получаемых торговых рекомендаций и работать как по тренду, так и в боковом движении рынка. Таким образом, гистограммы позволяют определить момент пробоя ценовых значений и движение в новой фазе рынка, а линии указывают на зоны перекупленности и перепроданности. Ос
I created an indicator for Metatrader 5 (MT5) which has a strong and easy visual impact, compared with the standard ADX included in the platform. In this version you can select the colour of the area between +DI and -DI. In this way the reading od indicator is easier and faster! I took this idea from prorealtime platform and made it for Metatrader. I hope you will fine it useful! The best with your trading!
FXC iRSI-DivergencE MT5 Indicator This is an advanced RSI indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the RSI and the price movements as a strong trend-turn pattern. Main features: Advanced divergence settings Price based on Close, Open or High/Low prices Give Buy/Sell open signals PUSH notifications E-mail sending Pop-up alert Customizeable Information panel Input parameters: RSI Period: The Period size of the RSI indicator. R
This indicator is based on the trend line and breakthrough. Pair: EURUSD, GBPUSD. Timeframe: M15 Or H1. Input Parameters AlertsOn - alert on or off. TrendLine - show trend line. TrendLineStyle - style of trend line. UpTrendColor - color of up trend. DownTrendColor - color of down trend. ShowTakeprofit - show take profits. ShowTakeprofitStyle - style of take profit. UpperTakeprofitColor - color of up take profit. LowerTakeprofitColor - color of down take profit.
It is a MetaTrader 5 integrated drawing tool inspired on the "Pointofix" software. You can paint, make annotations and drawings on the chart in real time. It works in multiple timeframes, that is, the drawings can be visualized in different timeframes. The drawings are also saved in files and can be restored even on MetaTrader restarting. Note: Demo version for testing can be found here: https://www.mql5.com/en/market/product/38307 Simple and Pratical Chart Pen is designed as simple, be
Trendsignal Indicator is based on some of the best strategy calculation. Trendsignal draws BUY/SELL arrows on the candles and also alerts for manual trading. Usage. The indicator can work on all pairs including commodities as well as on any timeframe. However, as it is basically a trend signal, a trend following strategy is used on higher timeframes (H1 or H4). Entry on closing of candle, on which a signal appears, lets the indicator follow the trend. Also, place take profit and stop loss. If th
Magic Finger can help you identify trends and trading opportunities clearly. The finger points to the open position signal, and the discoloration line is confirmed by the trend. If you are a day trader, you can choose to trade during a period of active trading, referring to the discoloration line as the basis for the next order, finger signal as a filter. If you are a trend trader, you can choose a period above H1, wait for the appearance of the finger signal in the key price area, and enter
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind