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Multi Trend Buy Sell Signal

 

Multi Trend Buy Sell Signal WITH TREND DASHBOARD


  • The indicator Generates Entry Signals WITH ALERTS based on the combination of Multi Time Frame conditions of 1 set of moving average and 2 sets of MACD.
  • The importance of the 2 sets of MACD is for using it as a confirmation filter so that the trades generated are those with stronger movement. 
  • For example, if in a sideways market the MACD of M5 charts is showing a downtrend but the higher time frame of the M 15 charts is indicating an uptrend, then the entry signal will not get generated.
  • In the same way, the MOVING AVERAGE FILTER on a M5 chart can be set for the higher time frame so that it acts as a more robust filter.
  • For example – if the trader is watching the M5 charts, the MA FILTER can be set to work of M15 or any higher time frame. This way the price needs to be in an uptrend on both M5 AND M15 time frame, and only then will a buy signal be generated.
  • The system will only generate a BUY signal if the MA FILTER of the Higher Time Frame selected and the 2 sets of MACD of the Higher Time Frame are both in an uptrend.
  • The combination of the 3 criteria would be a confirmed trade. Therefore many false signals on the lower time frames can be avoided.
  • The entry would be shown on charts, by way of ARROW signal. 
  • The multiple targets and stop loss levels are well displayed on the charts for convenience.
 
Parameters
Indicator1 = "=========MML===========";-This is setting for the Moving average 



MML=true; - select “true “to have the MA as a filter and “false” if not required. Recommended to “true”
FirstTimeFrame = M15; - this can be selected from a drop down as listed below. It is Recommended to select a slightly higher time frame for causing less fluctuations and whipsaws.
M1
M5
M15
M30
H1
H4
D1
W1
M1
Current 
 
MA_Period=13;- can select the period of the moving average , the more volatile the movement, select a higher value or period
MA_Shift=0;
MA_Method=0; - selection of Simple(0),Exponential(1), Smooth(2) and Lineal weighted(3)


Indicator2 = "=========MMMM1==========="; - This is the settings section of the 1st MACD 
 
MMMM1=true; - select “true” for activating the 1st MACD
FirstTimeFrame = M15; - this can be selected from a drop-down as listed below. It is recommended to select a slightly higher time frame for causing fewer fluctuations and whipsaws.
M1
M5
M15
M30
H1
H4
D1
W1
M1
Current 
MMMM1_FastEMA=12; - these are the standard settings of MACD , which can be set by the trader 
MMMM1_SlowEMA=26; - these are the standard settings of MACD , which can be set by the trader 
MMMM1_Signal=9; - these are the standard settings of MACD , which can be set by the trader 
MMMM1_AppliedPrice=0; - the moving average applied settings-Close(0),high,low,close,median,typical,weighted close )
MMMM1_Shift=0; - NA
Indicator3 = "=========MMMM2===========";-This is the settings section of the 2ND MACD 
MMMM2=true; - this is to select the 2nd MACD filter On or OFF – true or false 
FirstTimeFrame = M5; - this can be selected from a drop down as listed below. It is recommended to select a slightly higher time frame for causing less fluctuations and whipsaws.
M1
M5
M15
M30
H1
H4
D1
W1
M1
Current
MMMM2_FastEMA=12; - these are the standard settings of MACD, which can be set by the trader 
MMMM2_SlowEMA=26; - these are the standard settings of MACD, which can be set by the trader 
MMMM2_Signal=9; - these are the standard settings of MACD, which can be set by the trader 
MMMM2_AppliedPrice=0; - the moving average applied settings-Close(0),high,low,close,median,typical,weighted close )
MMMM2_Shift=0;-NA
Bbarish_Exit = false;- applicable for exit but coming in next version
Bbarish_Exit_Parameters = "Bbarish Exit Parameters";- applicable for exit but coming in next version
BB_period_Exit=8;- applicable for exit but coming in next version
CountBars_Exit=3000;- applicable for exit but coming in next version
DashboardOn = true;- this is to display the complete dashboard on charts.
LinesOnCharts = true;- this is to display all the multiple targets and stop loss levels on charts
LinesLength = 50;- this the custom setting for the length of the targets and stop loss on charts 
PivotsOn =false; - NA 
 

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Currency pairs never go up or down in a straight line. They rise and fall constantly, creating pullbacks and reversals. And with each rise and fall, so your emotions rise and fall. Hope, then fear, then hope. This is when the market will try to frighten you out of a strong position. It is when you are most vulnerable. But not if you have the Quantum Trend Monitor. And here, you even get two indicators for the price of one! The Quantum Trend Monitor has been designed to absorb these temporary pau
Quantum Volume Point of Control Indicator
QUANTUM TRADING SOFTWARE LIMITED
5 (1)
The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr
XQ Indicator MetaTrader 4
Marzena Maria Szmit
3.67 (3)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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