Start Vwap Custom Midas

5

Attention: New update- 4 major practicality improvements!

1) Alarm 2) Midas text value 3) Click panel 4) Can be connected to an EA to operate in semi-automatic mode


Attention - This indicator does not work perfectly in backtest due to MT5 peculiarities (Reading hotkeys or panel clicks). My suggestion is that you test Automatic Vwap Midas which has automatic operation to analyze the calculation and then buy Start if you think the indicator will match your operating.

    This indicator is used by REAL TRADERS who have helped me to improve the indicator so that they can use it in their operations. That's why we've now had a big update to cater to these traders!

   

How do you know what the big investors are doing?

Several authors have studied price and volume, including Richard Wyckoff, Paul Levine, Andrew Coles, David Hawkins and Bob English.


Vwap Custom (Midas) shows the average price of large investors as it is a volume weighted average. In addition, Vwap Custom can be positioned at specific points, mapping large or small movements.

The use strategies are diverse, GAP Midas, top or bottom Midas. Midas Disruption (JAC) or Midas Defense?

Now, let's go to the Start Vwap indicator:

By loading the indicator on your MT5 you will be able to plot * as many Midas as you want * quickly and simply.

* It works for both B3 (Brazil) and Forex.
* The choice of volume is automatic.
* Does not lose anchoring when changing time frame.
* Can be used during trading or outside it.

How to use?

You can choose "Hotkeys" or "Panel" mode. By pressing "w" the indicator enters listening mode and waits, up to 5 seconds, for you to click somewhere on the screen to trace Midas.


The default indicator will bring the version with shortcut keys, if you want, just switch to panel mode to be able to work only with clicks on the screen.

The indicator will recognize if you clicked near the high of the candle and then plot a top VWAP, or if the click was close to the low and then draw a bottom VWAP.

If you need to edit the anchor point, line color, thickness, just double-click on Midas when on screen or go through the list of indicators (CTRL + I) and select the Midas to be modified and edit the inputs.

The alert function will let you decide whether to trade in Midas direction (Buy at Midas bottom, for example) or break out of Midas (sell in Midas touch) or in either direction.

At the time of the alert, a signal buffer will be activated, for those who want to automate the entries (I don't have the EA that does the reading for the operations).



   SetIndexBuffer(0, BufferMidas, INDICATOR_DATA);
   SetIndexBuffer(1, BufferSignal, INDICATOR_DATA);

Also, depending on your choice, the indicator can send a message to your mobile phoneor to your email (it is necessary to configure the sending of push messages or the sending of emails in MT5 itself).

The last of the new functions is the text value on the screen for those who wish to view this information. Thinking about performance, updating the value on the screen (consumes more computer processing) has an option to choose the update time. 1000 Milliseconds represents 1 second (default).


Success and good trading!

Reviews 5
Diego Santiago De Meneses Carvalho
608
Diego Santiago De Meneses Carvalho 2023.06.01 15:30 
 

Bom dia Ricardo, parabéns pelo indicador. Poderia por favor implementar a opção de alerta apenas sonoro, sem a caixa de mensagem?

Jose Renato Marocolo Junior
161
Jose Renato Marocolo Junior 2020.02.05 03:32 
 

Ferramenta muito boa, leve e estável. Nao tem nenhum bug. Super recomendo.

diego.assis
47
diego.assis 2020.01.11 04:45 
 

The best midas present in MQL5. Congratulations to the developer!

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Scalper Vault   is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME A
FX Power MT5 NG
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FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade
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FX Trend NG: The Next Generation Multi-Market Trend Intelligence Overview FX Trend NG is a professional multi-timeframe trend and market monitoring tool designed to give you a complete structural overview of the market in seconds. Instead of switching between dozens of charts, you instantly see which symbols are trending, where momentum is fading, and where strong alignment exists across timeframes. This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI tradi
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The Display N Bars utility is a simple tool designed to help identify candles. If a trader tries to share knowledge with a colleague but it is difficult to pinpoint exactly the desired candle, just say the corresponding candle number. The candle count is reset every day. Seeking to offer a good customization the inputs are: Display type -> Display only odd, only odd, or both candles? Direction -> Horizontal or Vertical? Display multiples of: (display frequency) -> Display all number
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Ricardo Almeida Branco
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Ricardo Almeida Branco
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Ricardo Almeida Branco
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Ricardo Almeida Branco
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Ricardo Almeida Branco
The Initial Balance (Initial Balance / Initial Balance) is a concept related to the study of volume (to learn more, study about Market Profile and Auction Market Theory. You can find some videos in English when searching for "Initial Balance Market Profile"). The IB defines a range in which prices were negotiated in the first hour of trading.The amplitude of the range is important and the break in the range defined by the Initial Balance may have occurred due to the movement of several players
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Ricardo Almeida Branco
The VTC Volatility indicator was written to support a Brazilian stock market strategy in the WDO (USDBRL), but it can be adapted to other strategies and markets. In the new indicator update, it is now allowed to choose up to 4 levels to determine the range, and thus be more versatile. The Brazilian stock exchange (B3) has the VTC which is a "Structured Exchange Rate Volatility Transaction" (more information on the B3 website). At around 10:00 am, the VTC "Call" comes out and Brazilian broker
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Ricardo Almeida Branco
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White Weis Volume This indicator shows the sum of the volume in each wave, bulish or bearish, as idealized by David Weis , but it brings an important addition , which is the marking of the bar with the highest volume of the wave (White Bar)! In coding the indicator, it was sought to optimize the code to require minimal processing during use and not to overload mt5. The indicator can be used for pre-trading analysis and study, where the trader analyzes possible points of support and resistance
Vwap Standard Deviation
Ricardo Almeida Branco
O indicador Vwap Deviation Bands segue na mesma linha dos outros indicadores da White Trader, que buscam leveza, personalização e qualidade, para entregar o que há de melhor para o trader. Isto, além de combinar preço e volume (informações importantes para o trader) com uma medida estatística do desvio padrão. Este indicador já foi utilizado e testado por outros traders que deram sugestões, inclusive, para chegarmos nesta versão final (embora ainda esteja aceitando sugestões, sempre :)   ). O de
Midas is the acronym for Market Interpretation / Data Analysis System is a trade approach started in 1995 by technical analyst Paul Levine and later developed by Andrew Coles, PhD and David Hawkins. Learn more in the book MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets , (I saw that it is possible buy via Amazon). The positive points in relation to the Midas-based indicators are the prediction of movement reversal points, the negative point is the subjectivi
Vwap Bands Auto
Ricardo Almeida Branco
The Vwap Bands Auto indicator seeks to automatically map the maximum market frequency ( automatic update of the outermost band ) and has two intermediate bands that also adjust to daily volatility. Another tool from White Trader that combines price and volume, in addition to mapping the daily amplitude. The external band is updated automatically when the daily maximum or minimum breaks the current frequency, and can be an input signal, seeking a return to the daily vwap. Thus, in addition t
Start Midas SD Channel
Ricardo Almeida Branco
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Do you already know the Start Midas indicator? What about the Vwap Standard Deviation indicator? And I need to speak again in the book MIDAS Technical Analysis ... The Start Midas SD Channel indicator combines the two in one, bringing the practicality and efficiency of Midas with the statistical calculation of the standard deviation. All of this with the practicality of the White Trader Start indicators, where you can plot the indicator and move them on the screen using keyboard shortcuts
Start Midas Fibo Bands
Ricardo Almeida Branco
Here we have the Start Midas Fibo Bands , I confess that it is an indicator that excited me enough to operate because I was able to find more defined rules. Well, the indicator has the functions of the other indicators of the Start line , which is a possibility to plot several Midas on the screen, you can move the anchor point using keyboard shortcuts and use the legend to differentiate one anchor from another. The rules that I have analyzed for my possible setup are recommended to the entry, st
Prior Lines
Ricardo Almeida Branco
This indicator shows on the current day some lines of interest, such as maximum, minimum and closing of the previous day, as well as the opening, maximum and minimum price of the current day. It can also show the GAP (closing of the previous day and opening of the current day) and projections of the amplitude of the previous day, according to the value you choose in the multiplier. Oh, I was going to forget. It is also possible to determine the time frame, which is daily by default. If this i
Auto Zig HTF Vwap Midas
Ricardo Almeida Branco
5 (1)
The best Vwap Midas coding for Metatrader 5 you can find in White Trader indicators. The indicator has been optimized not to recalculate (improving performance) and has several visual settings for you to adapt in your own way. TRY IT FOR FREE by clicking the free demo button Where and why to use Vwap Midas (and Auto Zig Vwap Midas) can be used on a variety of indices, currencies, forex, cryptocurrencies, stocks, indices and commodities. Many successful traders use price and volume to get the
Danko Trend Color
Ricardo Almeida Branco
The Danko Trend Color indicator is actually a candle coloring to bring practicality, ease and information to your charts. Danko Trend Color combines PRICE AND VOLUME indicators to define the prevailing trend, so the colors are: Blue (indicates an uptrend) Orange (indicates a downtrend) White (indicates undefined trend) I don't like to promise anything with my indicators, I ask you to download, test it for free (for use in backtesting) and see if the indicator can, in some way, help your oper
Danko DTC Panel
Ricardo Almeida Branco
Do not buy before seeing the Danko Trend Color product, as this panel is a way to view a summary of this indicator on various timeframes. The Danko DTC Panel utility allows you to look at the trend in up to 5 timeframes. When clicking on the timeframe texts, a new window will open with the indicator plotted on the screen so you can see the complete chart. The width of the panel, with the amount of candles you want to see, is customizable, see the images below. Ao clicar nos textos dos timeframe
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Diego Santiago De Meneses Carvalho
608
Diego Santiago De Meneses Carvalho 2023.06.01 15:30 
 

Bom dia Ricardo, parabéns pelo indicador. Poderia por favor implementar a opção de alerta apenas sonoro, sem a caixa de mensagem?

eltonsampaio
21
eltonsampaio 2021.06.29 03:52 
 

User didn't leave any comment to the rating

Ricardo Almeida Branco
10073
Reply from developer Ricardo Almeida Branco 2021.06.30 03:39
Oi Elton. A compra/locação pelo market do mt5 permite 5 ativações. Vai no outro PC, loga sua conta mql5 no metatrader, vai em market, produtos comprados e baixa novamente. Claro que vai consumir mais uma ativação, mas a ideia da metaquotes é justamente essa. Sucesso e bons trades!
Daniele Melo
65
Daniele Melo 2020.12.02 02:43 
 

User didn't leave any comment to the rating

Ricardo Almeida Branco
10073
Reply from developer Ricardo Almeida Branco 2021.05.13 05:20
Oi Daniele, sua mensagem me passou batido aqui. Você ainda não conseguiu baixar? Entra em contato comigo para eu ver o que aconteceu e te ajudar, ninguém reportou nada parecido nos meus produtos, até me assustei ao ler aqui. Bom, me chama no privado e vamos ver o que aconteceu. Fico no aguardo.
Jose Renato Marocolo Junior
161
Jose Renato Marocolo Junior 2020.02.05 03:32 
 

Ferramenta muito boa, leve e estável. Nao tem nenhum bug. Super recomendo.

diego.assis
47
diego.assis 2020.01.11 04:45 
 

The best midas present in MQL5. Congratulations to the developer!

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