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EMA Multi meter

How the Indicator Works:

This is a Multi-timeframe MA multimeter indicator which studies if price is above or below a particular EMA range and shows Red/Green/Yellow signals.

Red: Price Below EMA range

Green: Price above range

Yellow: Price within range


Indicator Properties:

EMA Settings:

- Default Period is 200. You can change all MA Settings like Period, MA Method (SMA, EMA, etc) or MA Applied Price (Close, Open, etc).


- EMA Range list is a comma separated value list for different timeframes. It will be converted to points.

If price is above range it is green, price below is red and price within is Yellow.


E.g. EURUSD: If for M1 you need to use just 5 Points it will be 0.00005.

But for a higher TF like H1 you need to use a greater range like 25, so it will be converted to 0.000025.

By default list is 0,0,0,0,0,0,0,0,0 for all 9 timeframes M1,M5,M15,M30,H1,H4,D1,W1,MN1 respectively.

But you can set it to something like: 5,10,15,20,25,30,35,40,45

If any value is missing it will be 0 by default. 


EMA Color & Positioning:

- You can change colors for Up/Down/Within range.

- And also which corner of screen this multimeter will appear.

- And Y-position. This is helpful if you need several multi-meters for different EMAs. Also change Prefix for multiple multimeters so that they don't overwrite each other.

- WaitTicks: Wait for number of ticks before refreshing multi-meter. Keep higher number like 200 or 500 for better performance.

About EMAs:

EMA (Exponential Moving Average) is a very good indicator of current Trend. Especially a higher 200 period one.

In EMA, more weight is given to the most recent data and the EMA reacts faster to recent price changes.

So, studying different Timeframes EMA together can give a very good indication of the overall market trend.

That's why this Multi Timeframe Indicator is very helpful.


Trends:

Downtrend: The price is below 200 EMA.

Uptrend: The price is above 200 EMA.


Good EMA Strategy:

- Find the Trend:

1. Look at the D1 trend

2. Look at the trend on H4 if it has the same trend with the daily chart.

3. Look at H1 and see if it has the same trend with H4 and daily chart.

- Next:

On the H1, wait for the price to touch back to the 200 EMA and enter on the reversal. You can identify reversal through the reversal candlestick.


If you are thinking of a sell position, place sell stop order 3-5 pips below the low of the reversal candlestick and set stop loss 10-15 pips above the high of the reversal candlestick.

If you are thinking of a buy position, place buy stop order 3-5 pips above the high of the reversal candlestick and set stop loss 10-15 pips below the low of the reversal candlestick.

Target profit is at the previous swing high or low on the H1 timeframe, or you can trail the stops by moving the stop loss if the market move in favor of your position.

Combine this strategy with Price Action and Support/Resistance for best results.


Look at the screenshots for Multiple Multi-meters and how they look. And for settings screens.

Reviews 5
8601567
815
8601567 2021.09.06 23:10 
 

Finally a Vendor who puts people before profits. She allows you to try many of the products before you buy. Many of them are free, but can help in some way. This indicator is different and it is helpful.

Ato Attah
333
Ato Attah 2021.01.06 11:04 
 

The best I have seen so far. I was looking for the 6-star rating

erynade
24
erynade 2020.12.20 13:04 
 

99 stars

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Nesimeye Oswald
This is a simple trend trading system that is designed to be sensitive in real time to trend changes in the FX market. It comes with a volume strength meter to identify the best pairs to trade. To use , first confirm the best trend using the Volume Strength Meter by trading the Strongest Pair against the Weakest Pair. Next enter Volume Strength Meter pairs on trend signals. No Repaint No Back paint Signal on current candle TRADING Step 1; Confirm Pair to trade with Volume Strength Meter ( Trade
79 USD
Pairs Arbitrage Correlation
Pairs Arbitrage Correlation
Vladimir Tkach
The cross-correlation indicator calculates the relationship between the specified pairs for the previous period. Automatically selects the instruments with the highest and the lowest correlation, and then simulates trading on the selected pairs on the same test period. Then indicator displays the pairs that have shown the best trading results. Visualizes the PAC (Pairs Arbitrage Correlation) criterion for the pairs selected by the trader. The signal to open trades is set by the PAC levels. When
50 USD
Advanced Currency IMPULSE with ALERT
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
CURRENTLY 39% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir
78 USD
Williams Dashboard
Williams Dashboard
Pablo Mozo Bel
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
59 USD
True Direction Oscillator
True Direction Oscillator
Muhammad Elbermawi
Or (TDO)   which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" gives higher readings for ascending price movements than that given to descending ones. TDO fixes this problem to help traders at readi
60 USD
FX Trend
FX Trend
Daniel Stein
You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend   displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
75 USD
Trend Viewer Pro
Trend Viewer Pro
Raymond Gilmour
SEE THE TREND ON EVERY TIME FRAME. INTELLIGENT INDICATOR READS PRICE ACTION TO SPOT TRUE MARKET CYCLES AND TREND. This advanced multi-currency and multi-time frame indicator, reads trend in real-time so you always know the trends of the markets you want to trade.  ​Trend-Viewer Pro has been specifically designed to read the trend of every time frame and every market , simultaneously, making it much easier for you to find markets with time frame correlation , so you can focus on the best market
89 USD
Higher High Higher Close Lower Low Lower Close
Higher High Higher Close Lower Low Lower Close
Mark Flint
The HHHC-LLLC indicator uses candle by candle analysis, based on the principle of trend confirmation from Higher High, Higher Close candles (bullish) and Lower Low, Lower Close candles (bearish). There is no lag, no re-painting, and averaging is not used. HHHC-LLLC helps confirm: market structure and levels - look left to see them line up trends, pullbacks & reversals Bull moves (blue), Bear moves (red) Structure Zig Zags (black dotted lines), for summarizing market moves exhaustion and stalling
60 USD
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Abiroid Halftrend Scanner
Abiroid Halftrend Scanner
Abir Pathak
Read detailed description and Get Free Demo and extra indicators: https://abiroid.com/product/abiroid-halftrend-scanner Features: - Halftrend Arrow Scan: Scan Max Past Bars for Halftrend arrows. Show how many bars back the arrow occurred in a bracket - Past Bars Back Alerts: Num of bars back for which scanner will send alerts - Halftrend HTF Align: Scan Higher timeframes for Trend Direction of Halftrend Indicator and if trends align show a slanting Green/Red Arrow for Up/Down trend - Semafor
30 USD
Semafor 3LZZ Scanner Dashboard
Semafor 3LZZ Scanner Dashboard
Abir Pathak
3 Level ZZ Semafor Scanner: This is a Dashboard indicator which uses 3LZZ Indicator in the background to find semafors. It will give priority to the semafors3 because they specify a strong signal. You can go through this video tutorial to see how it works: https://youtu.be/Z4v4h8U6RiM Get all extra Indicators/Template from here: https://abiroid.com/product/semafor-3lzz-scanner-dashboard To use this template just specify "3LZZ" in Dashboard Property: "Use Template For New Window" (without the
60 USD
TDI Scanner Dashboard
TDI Scanner Dashboard
Abir Pathak
TDI Multi Timeframe Scanner: This Dashboard indicator uses the TDI (Trader's Dynamic Index) Indicator to find best trades. Extra indicators and detailed description is here: https://abiroid.com/product/tdi-scanner-dashboard Checks for: - SharkFin Pattern Free indicator for SharkFin: https://www.mql5.com/en/market/product/42405/ - TDI Trend: Strong/Weak Trend Up/Down - TDI Signal: Strong/Medium/Weak Signal for Buy/Sell - Consolidation - Overbought/Oversold - Volatility Bands - Previous Day/We
60 USD
Abiroid Extreme TMA System Scanner Dashboard
Abiroid Extreme TMA System Scanner Dashboard
Abir Pathak
Extreme TMA System Scanner Dashboard This Scanner Dashboard uses the Extreme TMA System Arrows Indicator to show good BUY/SELL signals. Download extras here: https://abiroid.com/product/abiroid-extreme-tma-system This Product contains dashboard only. It does not contain the Abiroid_Arrow_Extreme_TMA.ex4 indicator. Arrows indicator is not necessary for dashboard to work.  To see arrows, you can buy the arrows indicator separately if you like: https://www.mql5.com/en/market/product/44822 Read
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Ichimoku Scanner Dashboard
Ichimoku Scanner Dashboard
Abir Pathak
Dashboard uses Ichimoku Strategy to find best trades. Get extra Indicators/Template: And read more about detailed Product Description and usage here: https://abiroid.com/product/ichimoku-scanner-dashboard https://youtu.be/DvQR04YC4Ew Please note: I won't be able to add new settings. It already has 72 settings :) So, I cannot let it grow any further. I'll definitely be maintaining the code and solving issues. Don't worry :) Please check all settings in demo strategy tester before buying. Chec
60 USD
Best Heiken Ashi VQZZ Scanner Dashboard
Best Heiken Ashi VQZZ Scanner Dashboard
Abir Pathak
Scanner Dashboard for Best Heiken Ashi VQZZ Arrows Indicator here: https://www.mql5.com/en/market/product/45900 Updated description and all extra indicators/templates are here: https://abiroid.com/extras/best-heiken-ashi-vqzz-system-extras Please note that if you are using too many pairs/timeframes, then VQZZ calculations might slow down the dashboard. So be careful not to use too many VQZZ Higher timeframes if you are using too many pairs. Dashboard Symbols: Please refer to Screenshots f
50 USD
Abiroid Support Resistance Scanner
Abiroid Support Resistance Scanner
Abir Pathak
This is a Multi-currency multi-timeframe Support/Resistance Scanner Dashboard for Metatrader 4 (MT4) platform. Get all extras and download free demo here: https://abiroid.com/product/abiroid-support-resistance-scanner Read detailed description in post above. Features: Scan Support/Resistance zones (also called Supply/Demand zones) Show alert when price is inside these zones and highlights the pair/timeframe Show or hide SR zones price nearest to current price (Price_Close) Show or hide cur
30 USD
Abiroid Sway COG Arrow
Abiroid Sway COG Arrow
Abir Pathak
This Indicator uses Center of Gravity (COG) Indicator to find you the best trades. It is a reversal based Swing Indicator which contains an  Arrows Indicator. That you can buy here from Metatrader Market. And a scanner Indicator. Free Download here: https://abiroid.com/product/abiroid-sway-cog Scanner needs arrows indicator to run. Copy scanner ex4 in same folder as your Arrows Indicator: MQL4/Indicators/Market/ All extra indicators and templates also available in above link. Base Strategy:
60 USD
Abiroid GMMA Trend Scanner Dashboard
Abiroid GMMA Trend Scanner Dashboard
Abir Pathak
This is a Dashboard Scanner for finding good trades using the GMMA method as base and TDI method for trend verification. All buttons for all Pairs and Timeframes are clickable and will change the chart for you to that Symbol/TimeFrame. Green "G-Buy" button means good Buy Trend and Red "G-Sell" button means good Sell Trend. Gray "G" means just a cross has happened but trend is not strong enough yet. Read scanner details here: https://abiroid.com/product/gmma-trend-scanner How Scanner finds
40 USD
Abiroid Donchian Arrow
Abiroid Donchian Arrow
Abir Pathak
This strategy is useful for small timeframe scalping and binary options. Best timeframes: M5,M15,M30 M1 timeframe is too unpredictable. So be careful with that. Read Detailed Description and Get All: - Free Demo - Free Scanner - Extra Indicators ex4 files from https://abiroid.com/product/abiroid-donchian-scanner-and-arrows Arrows Demo only works in strategy tester. So, Arrows Demo won't work with the free scanner. Scanner needs "Abiroid Donchian Arrow.ex4" to work. So make sure both arrows a
60 USD
Abiroid EMA Scalper Arrow
Abiroid EMA Scalper Arrow
Abir Pathak
Watch video tutorial: https://youtu.be/0w4TiKqoovQ Free scanner available here: https://abiroid.com/product/abiroid-ema-scalper Please leave me your honest review. I would love to know what you think :) Detailed description and Extra Indicators: https://abiroid.com/product/abiroid-ema-scalper Basic Strategy: 1: MA Crossover Up/Down Arrow (Mandatory Check) Optional Checks: 2: If NRTR Check On (Optional): For BUY: Check if NRTR blue and For SELL: NRTR Red If NRTR Shadow Distance On (Optional
60 USD
Abiroid Extreme TMA System Arrows Indicator
Abiroid Extreme TMA System Arrows Indicator
Abir Pathak
Extreme TMA System with Arrows Indicator And Buy/Sell Boxes with Take Profit & Stop Loss This is a Non-Repainting Arrows Indicator based on the Extreme TMA System. It shows TMA cross signals and the best BUY/SELL signals. Along with the most predicted TakeProfit. And StopLoss based on TakeProfit ratio. Download extras here: https://abiroid.com/product/abiroid-extreme-tma-system Please note: This is an Arrows only Indicator. Dashboard is sold separately here: https://www.mql5.com/en/market
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Abiroid Auto Fibonacci Indicator
Abiroid Auto Fibonacci Indicator
Abir Pathak
About: A Fibonacci indicator is best used with other indicators like Pivots, Support/Resistance etc. Price tends to use Fibo levels as Support or Resistance lines. So, this indicator is very useful to know when price might reverse or if a level is crossed, price might continue the trend. Also, to find the best Take Profit and StopLoss lines. Don't use Fibo Indicator alone for trading as it might not always be accurate. Use it to make your strategies better as a supporting indicator. Settings:
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Best Heiken Ashi VQZZ System
Best Heiken Ashi VQZZ System
Abir Pathak
All Indicator extras and template: https://abiroid.com/extras/best-heiken-ashi-vqzz-system-extras The Best Heiken Ashi System is a simple trading system for trading based only two indicators for generate signals: Heiken ashi smoothed and Vqzz indicator multi-timeframe. The system was created for scalping and day trading but can also be configured for higher time frames. As mentioned, the trading system is simple, you get into position when the two indicators agree. Get Scanner dashboard her
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TDI Patterns SharkFin Indicator
TDI Patterns SharkFin Indicator
Abir Pathak
Note: This is an Arrows Only Indicator. The TDI indicator is a separate indicator available here: https://abiroid.com/extras/tdi-patterns-sharkfin-indicator-extras About: This is a TDI Arrow Indicator for finding the Shark Fin Pattern. It will show an arrow in the current bar if RSI sharkfin is finished forming in previous bar. What is Shark Fin TDI Pattern? Upper Shark Fin: In TDI Indicator when Green RSI breaks above a certain level and also breaks upper Volatility band and then breaks
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Guppy GMMA Cross Arrows Indicator
Guppy GMMA Cross Arrows Indicator
Abir Pathak
This indicator is based on Guppy's GMMA Strategy. And shows arrows when GMMA lines cross up or down. To have this indicator and get alerts for Multiple Timeframes and multiple Pairs you can check out the demo of this GMMA Trend Scanner indicator: https://www.mql5.com/en/market/product/38747 About GMMA In Brief: GMMA attempts to identify trends by combining two groups of moving averages with differing time periods: The long-term EMAs (30, 35, 40, 45, 50, and 60) the behaviors of investors tha
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Abiroid ProfitPercent Scanner Stoch Ichimoku
Abiroid ProfitPercent Scanner Stoch Ichimoku
Abir Pathak
Abiroid Profit Percent Series 1: Scanner Dashboard Indicator Stochastic Ichimoku with ATR This is a free Scanner Dashboard for the : " Abiroid ProfitPercent Arrows Stoch Ichimoku " Please note: Dash will only show the Take Profit Percentages for the arrows Indicator. If you want to see Arrows, SL/TP calculations StopLoss and TakeProfit predictions on the chart, you will need the above Indicator. Read detailed description about this indicator and all the settings here. And get extra Indic
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Abiroid MA Stack
Abiroid MA Stack
Abir Pathak
Moving Average Rainbow Stack: Free: Single Currency & Single Timeframe MA Stack Very useful for finding current and higher timeframe trends. Best suited for long term trend based trading. Use fewer MAs for quick scalping. And not suitable during low volatility. Only use during high volatility and steady trending markets. Use this to enhance your existing Trend based strategies to find best trends. Read detailed description https://abiroid.com/product/abiroid-ma-stack Available MTF and Scanner
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Abiroid ProfitPercent Scanner MA Confluence
Abiroid ProfitPercent Scanner MA Confluence
Abir Pathak
Profit Percent Series 2: MA Confluence Indicator Arrows Indicator available here ( Paid) : https://www.mql5.com/en/market/product/51078/ The video tutorial for Common Profit Percent Settings is available here: https://youtu.be/hsPqUk9UIvo And video tutorial for this MA Confluence Indicator is here: https://youtu.be/Apbo4z1tEsg Read detailed information about MA Confluence here: https://abiroid.com/product/profitpercent-arrows-ma-confluence Here's a post about Common Settings for all Profit
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Abiroid ProfitPercent Arrows Stoch Ichimoku
Abiroid ProfitPercent Arrows Stoch Ichimoku
Abir Pathak
Abiroid Profit Percent Series 1: Arrows Indicator Stochastic Ichimoku with ATR Get the Scanner for free: Abiroid ProfitPercent Scanner Stoch Ichimoku For getting Profit Percentages for Multiple Timeframes and Multiple Pairs. Read detailed description about this indicator and all the settings here. And get extra Indicators, Templates and settings for download: https://abiroid.com/product/profit-percent-stoch-ichimoku-with-atr Watch the tutorial video here: https://youtu.be/C45-9kWPE2Q
60 USD
Abiroid ProfitPercent Arrows MA Confluence
Abiroid ProfitPercent Arrows MA Confluence
Abir Pathak
Profit Percent Series 2 The scanner dashboard available here (for  Free) : https://www.mql5.com/en/market/product/51079/ The video tutorial for Common Profit Percent Settings is available here: https://youtu.be/hsPqUk9UIvo And video tutorial for this MA Confluence Indicator is here: https://youtu.be/Apbo4z1tEsg Read detailed information about MA Confluence here: https://abiroid.com/product/profitpercent-arrows-ma-confluence Here's a post about Common Settings for all Profit Percent Series I
60 USD
Abiroid Slopes Histogram
Abiroid Slopes Histogram
Abir Pathak
Abiroid Multi Slope indicator allows you to calculate a Slope Histogram for any line of any indicator . Histogram is for 1 slope line only, but slope values can be calculated for 3 lines total. To have multiple histograms, add as many Slope indicators for custom indicators as you like on chart. You just need to provide the Indicator name, buffer value, slope's period and max number of bars back. By default it has slope calculation for TDI_v4.ex4 indicator. There is no way to specify parameters f
30 USD
Abiroid Supertrend Scanner
Abiroid Supertrend Scanner
Abir Pathak
Read detailed description and   Get Free Demo   and extra indicators: https://abiroid.com/product/abiroid-supertrend-scanner This is a very simplistic Supertrend scanner dashboard. Features: - Select one of In-Built Supertrend Indicators: xSupertrend or Supertrend_CCI (based on CCI). - Or select your own Custom Supertrend indicator. And specify the UpTrend and DownTrend Buffer numbers - Supertrend Trend Direction Change Scan: Scan Max Past Bars for Supertrend Change. Show how many bars bac
30 USD
Abiroid Customizer Arrow
Abiroid Customizer Arrow
Abir Pathak
Get Free Scanner and example Strategies And understand detailed description here: https://abiroid.com/product/abiroid-customizer-arrows-and-scanner And get example wrapper here: https://abiroid.com/indicators/customizer-sample-wrappers You can make your own wrappers if your indicators have complex conditions or for In-Built MT4 indicators. Features: - Specify your own Custom Indicator - Specify Buffer values and create Variables - Use those Variables to create your own Buy/Sell Conditions
60 USD
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8601567
815
8601567 2021.09.06 23:10 
 

Finally a Vendor who puts people before profits. She allows you to try many of the products before you buy. Many of them are free, but can help in some way. This indicator is different and it is helpful.

Ato Attah
333
Ato Attah 2021.01.06 11:04 
 

The best I have seen so far. I was looking for the 6-star rating

erynade
24
erynade 2020.12.20 13:04 
 

99 stars

MAHMOUD SHWAISH
2549
MAHMOUD SHWAISH 2020.11.15 13:59 
 

great indicator .

sunnychow
8691
sunnychow 2020.01.24 16:04 
 

User didn't leave any comment to the rating

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Version 1.3 2020.11.12
EMA Multimeter v1.3
- Added Text Font size and Spacing
- Added option to specify Trade Pair. To have multiple currencies, use unique prefixes
- Added option to specify timeframes with min distance values (in points)
- Added option for Timeframe align check and alerts
- Added multiple alerts options
Version 1.2 2019.11.04
Added Wait Ticks Property - so multi meter is updated every 'WaitTicks' number of ticks rather than every tick.
This is better for performance.
Added sample values for "MA Ranges for Timeframes"
Version 1.1 2019.11.04
Fixed bug in range point calculations.