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CPM Extended MT5

The algorithm is based on the idea of the Currency Power Meter indicator. In this version, the number of displayed values is unlimited, its code is more compact and fast, values of the current bar can be obtained through indicator buffers.

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 the 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.

МetaTrader 4 version: https://www.mql5.com/en/market/product/5890

Reviews 6
sunnychow
8659
sunnychow 2019.01.12 16:57 
 

Thanks for share

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The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
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On the one hand this indicator is an extended version of the conventional Average True Range indicator, with 26 additional smoothing methods, on the other hand it shows the width of the price channel on the selected period (Price range). Moreover, the combinations of two periods gives a smoothed price channel, i.e. its width. Parameters ATR Period - period of calculation Smoothing method - smoothing method Price range - price range Draw type - the display type Flat level - flat level Flat level
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Sergey Efimenko
The indicator shows support/resistance levels based on the currency volatility for the selected period (number of bars) on the specified timeframe (regardless of the indicator timeframe). Price data on the selected currency and specified timeframe (by default – D1) are necessary for the indicator's normal operation. To download the necessary data, simply open the new window of the selected timeframe. МetaТrader 5 version:  https://www.mql5.com/en/market/product/6832 Parameters Volatility bars co
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Sergey Efimenko
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Sergey Efimenko
An indicator based on the Adaptive Moving Average ( АМА ) for determining the current trend with the resistance and support levels depending on the current trend direction. After the current bar is closed values are not redrawn. The indicator can be used on any timeframe - simply choose appropriate settings before using it. Be especially careful when the price approaches the indicator levels it has moved far from it or when an arrow appears (indicating trend change) very far from the price, as w
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Stochastic with AMA filtering
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CCI with AMA filtering
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We offer CCI indicator (oscillator) with additional filtration by means of the Adaptive Moving Average ( АМА ). We have also added a function of multicolor line display of increase and decrease by means of lines or dots at the discretion, moreover, you can also highlight line values located below the specified minimum level or above the specified maximum level. Parameters: PeriodCCI - period K of CCI oscillator PriceCCI - CCI oscillator used price mode MaximumLevel - maximum level value MinimumL
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CSV economic news calendar auto converter
Sergey Efimenko
Many expert advisors and indicators use economic calendar data in CSV format. This utility (expert) helps to save data from the selected date (if available on the forexfactory site). Data is downloaded automatically once a week at the opening of the market, as well as when you start/restart the terminal as necessary and depending on the selected modes. Parameters Use common folder  —  (true) — mode of downloading files to the public file folder for all terminals \Terminal\Common\Files\, false
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sunnychow
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sunnychow 2019.01.12 16:57 
 

Thanks for share

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Reply to review
Version 1.8 2019.12.25
The function of removing objects during deinitialization has been replaced with the standard one.
Version 1.7 2019.12.22
Added two parameters:
Horizontal offset of values - horizontal offset of numeric values
Indent between values - vertical indent between numeric values
Version 1.6 2019.12.19
Added parameters:
Horizontal imul - a multiplier for the horizontal scale
Vertical imul - a multiplier for the vertical scale
Scale shift - the additional shift of the scale in pixels
Version 1.5 2019.12.15
Выполнена оптимизация кода
Version 1.4 2019.05.26
Выполнена оптимизация кода с учётом обновлений MQL5.
Version 1.3 2015.12.16
Added the ability to shift indicator data by coordinate axes to any convenient place on the screen:
ShiftX - shift left/right
ShiftY - shift up/down
Version 1.2 2015.04.01
Added PairPreffix currency prefix parameter. Leave it blank for symbols without additional characters. Example of using with EURUSD.e:
UsePairs="EURUSD"
PairPreffix=".е"
Version 1.1 2015.01.30
Added the second method for calculating the daily currency power.
UseDayRangeCalculation=false - accumulative
UseDayRangeCalculation=true - range