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CPM Extended MT5

FREE

Published: 4 September 2014

Current version: 1.8

CPM Extended MT5

4.5

Indicators
Sergey Efimenko
Version: 1.8
Updated: 25 December 2019

What the indicator shows: a thin band and the upper number in front of the currency shows the relative strength index for the last N hours (N is set in the parameters in the variable 'Hours'), a wider band shows the daily index. The more currency pairs using this currency you specify in the input parameters (assuming that your broker provides quotes for the pairs), the more weighted the index will be (but be careful with pairs of "non-major" or exotic currencies, they can distort the overall picture). For example, if you specify only EURUSD, the relative index for Euro will be calculated only based on this pair, if you add EURGBP, then the Euro index will be calculated based on two pairs and a more weighted value will be obtained.

How to use the data: the lower/higher the index value, the more likely a technical correction or trend continuation is, in the absence of important news.

more...

oaskari 2023.04.09 11:19 #

This is what I was looking for. Thank you for sharing.

180

apcruz01 2022.05.06 16:40 #

Interesante hay pocos indicadores de fuerza para Mt5 solo que debería poder colocar temporalidades menos a una hora. gracias por el aporte

Alexandre Coutinho 2025.02.15 22:49 #

Muito bom, reuni informações preciosas.

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This is an MTF indicator of support and resistance levels based on Advanced ZigZag Dynamic and/or Extended Fractals indicator extremums with price labels (can be disabled). More higher TFs can be selected for MTF mode. By default, the levels are generated based on ZigZag indicator dots. Fractals indicator dots can also be used together with ZigZag or instead of it. In order to simplify the use and save CPU time, calculation is performed once per each bar at its opening. Parameters: ForcedTF - ch

30 USD

This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as

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The indicator shows harmonic patterns on the chart without repainting with the minimum possible lag. The search for indicator tops is based on the wave principle of price analysis. Advanced settings allow you to choose parameters for your trading style. At the opening of a candle (bar), when a new pattern is formed, an arrow of the probable direction of the price movement is fixed, which remains unchanged. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butter

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The indicator displays harmonic patterns on the chart based on Dynamic ZigZag ( https://www.mql5.com/en/market/product/5357 ) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows

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Alexandre Coutinho 2025.02.15 22:49 #

Muito bom, reuni informações preciosas.

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Sutatong 2023.04.14 15:28 #

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oaskari 2023.04.09 11:19 #

This is what I was looking for. Thank you for sharing.

Troy 2022.10.13 14:46 #

Превосходный индикатор. Не хватает только алерта/пуша на телефон о смене тенденции, когда один индекс силы валюты по индикатору становится выше/ниже другой.

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apcruz01 2022.05.06 16:40 #

Interesante hay pocos indicadores de fuerza para Mt5 solo que debería poder colocar temporalidades menos a una hora. gracias por el aporte

[Deleted] 2019.01.14 07:13 #

User didn't leave any comment to the rating