• Overview
  • Reviews (4)
  • Comments (3)
  • What's new

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 4
Jose Renato Marocolo Junior
162
Jose Renato Marocolo Junior 2020.02.05 03:32 
 

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

diego.assis
32
diego.assis 2020.01.11 04:45 
 

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

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Beginner or Professional our best selling multi-timeframe Pivot Prof will enhance your trading and bring you great trade opportunities with the Support and Resistance levels that professionals use. Pivot trading is a simple effective method for entering and exiting the market at key levels and has been used by professionals for decades and works on all symbols: Forex, Crypto, Stocks, Indicies etc. Pivot Prof brings premium levels to the trader where the market is most likely to react, which is t
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Currency RSI Scalper MT5   -is a professional indicator based on the popular Relative Strength Index (RSI) indicator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows Currency RSI Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at
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A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. MT4 Version Available Here:  https://www.mql5.com/en/market/product/68709/ This indicator identifies these patterns and alerts you when the 4 key points have formed and price has pul
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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 d
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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 ad
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Prior Lines
Ricardo 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 th
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Filter:
eltonsampaio
20
eltonsampaio 2021.06.29 03:52 
 

Como faço para instalar o indicador em um segundo ou terceiro MT5? Instalei no MT5 da Rico agora desejo instalar no MT5 da ActiveTrades e quando repito o processo o instalador vincula automaticamente ao MT5 da Rico repetindo o processo...

Ricardo Branco
13550
Reply from developer Ricardo 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
60
Daniele Melo 2020.12.02 02:43 
 

Acabei de compraR O PRODUTO E NÁO CONSEGUI BAIXAR....CUIDADO

Ricardo Branco
13550
Reply from developer Ricardo 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
162
Jose Renato Marocolo Junior 2020.02.05 03:32 
 

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

diego.assis
32
diego.assis 2020.01.11 04:45 
 

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

Reply to review
Version 5.0 2022.06.04
This time we have a major update of the indicator to meet many requests. These changes can be activated (by default the indicator remains as it was).

Update 1) It is possible to receive an alert (audible and pop, or via mobile app or email) when the price comes and rings at Midas. The alert was separated into touch and breakout to set the price direction relative to Midas.

Update 2) At this moment of touch, a buffer is loaded with 1 (Buy) or -1 (Sell) and can be used in a semi automatic EA to send orders.

Update 3) The Midas value can be displayed on the screen (To avoid slowness, I left the update time in milliseconds selectable)

Update 4) Now besides the hotkeys mode we have the panel mode where you can click and stop using the keyboard.
Version 4.0 2020.06.07
Required update regarding the new MT5 build.

Notice on the screen that the W key has been pressed and is being monitored or click on the screen to place the Vwap Midas.
Version 3.0 2020.03.04
When sending the latest version, a function to remove old plots when removing the indicator was added.

Unfortunately, this function also removes when changing the timeframe, and I understand that it impairs the use of the indicator.

So, send version 3.00 where it returns to the original function of keeping the lines plotted even changing the timeframe.

Special thanks to colleague "D.A." who warned me about it.
Version 2.0 2020.02.09
Hello, we had some changes in order to further improve the usability of the Start Vwap Midas indicator:

Keyboard commands:
W -> Press the W key and then click on the Vwap Midas anchor candle.

E -> Press the E key to delete the last Vwap Midas just plotted.

R - Press the R key to delete all plotted Midas Vwaps.

Up arrow -> Press the "up arrow" key to reposition the last Vwap Midas one candle forward (future)

Down arrow-> Press the "down arrow" key to reposition the last Vwap Midas one candle back (past)

Performance improvement:

It is now possible to pre-define the volume used (Actual volume or Tick Volume). This will eliminate a condition test (if) that was performed at each tick. Rest assured, Start Vwap automatically recognizes the type of volume, but also lets you modify the inputs.

Visual improvements:
By clicking on the Vwap Midas in the graph, it will be possible to choose a caption for each line, for example, "Opening candle with high volume" or "Vwap do Topo Histórico", among others. This information appears on the screen when you hover over Vwap Midas.

You can also choose the thickness and shape of the line.