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Standard Deviation Channel Dashboard for MT5

Multicurrency and multitimeframe indicator of the Standard Deviation Channel. Displays the current direction of the market. On the panel, you can see breakouts and touches (by price) of the levels of the linear regression channel. In the parameters, you can specify any desired currencies and timeframes. Also, the indicator can send notifications when levels are touched. By clicking on a cell, this symbol and period will be opened.

«Standard Deviation Channel is built on base of Linear Regression Trend representing a usual trendline built between two points on the price chart using the method of least squares. As a result, this line proves to be the exact median line of the changing price. It can be considered as an equilibrium price line, and any deflection up or down indicates the superactivity of buyers or sellers respectively.

Standard Deviation Channel consists of two parallel lines, equidistant up and down from the Linear Regression Trend. The distance between frame of the channel and regression line equals to the value of the standard deviation of the close price from the regression line. All price changes take place within Standard Deviation Channel, where the lower frame works as support line, and the upper one does as resistance line. Prices usually exceed the channel frames for a short time. If they keep outside of the channel frames for a longer time than usually, it forecasts the possibility of trend turn»

Parameters

Show Linear Regression on the chart — draw the Standard Deviation Channel on the current chart.

    Standard Deviation Channel

    StartBar (0 - current bar) — candle from which the linear regression calculation will start. Zero - the current bar, the regression will be updated at every tick.
    Bars for Calculation — number of candles to calculate.
    Inner Channel Multiplier — multiplier for drawing the inner channel.
    Outer Channel Multiplier — multiplier for drawing the outer channel.

      Dashboard

      Clear the chart at startup — clear the chart at startup.
      Set of Pairs — set of symbols
         Market Watch — pairs from the "Market Watch";
         Specified manually — pairs specified manually, in the parameters "Pairs".
         Current pair — show only the current pair.
          Pairs (separated by a space or semicolon) — list of symbols separated by spaces or semicolons. The currency names should be written exactly like the broker's, keeping the case and prefix/suffix.
          Time Frames (separated by a space or semicolon) — list of timeframes separated by spaces or semicolons.
          Sort pairs — sorting the list of pairs.
          Position on chart — corner to display the panel on the chart.
          X offset (pix) — shift the panel along the X axis;
          Y offset (pix) — shift the panel along the Y axis;
          Refresh dashboard every (seconds) — update period for all pairs and timeframes.
          Open the pair in a new window — open a symbol in a new chart window by clicking.
          Chart template — the name of the template for the chart, if the chart opens in a new window.
          Code when cross from bottom to top (price above line);
          Code when cross from top to bottom (price below line);
          Code when no touch;
          Color when cross from bottom to top (price above line);
          Color when cross from top to bottom (price below line);
          Color when price is above line (no touch);
          Color when price is below line (no touch);

          Cell color when regressing up — the color of the cell when the channel is pointing up. (maybe clrNONE);
          Cell color when regressing down — the color of the cell when the channel is pointing down. (maybe clrNONE);
          Transparency (0-255);
          Font name;
          Font size;

            Alerts
            Alert when channel direction changes;
            All timeframes are in the same direction;
            All pairs (one column) are in the same direction;
            Inner channel. Upper line touch;
            Inner channel. Lower line touch;
            Outer channel. Upper line touch;
            Outer channel. Lower line touch;
            Check alerts only when the candle is closed;
            Timeframes for alerts (separated by a space or semicolon);


            Pop up alert;
            Push notifications;
            E-mail notifications;
            Sound alert.


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            Channels Indicator MT5
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            Naragot Sentiment Market Outlook MT5
            Naragot Sentiment Market Outlook MT5
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            Trend Screener Pro MT5
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            STE S.S.COMPANY
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            Euporiafx Auto Analyst
            ROFHIWA BRUCE NTHULANE
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            Supply Demand RSJ PRO
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            The indicator Supply Demand RSJ PRO calculates and plots the "Supply" and "Demand" zones on the graph, identifying the type of Zone (Weak, Strong, Verified, Proven) and in case of retests of the Zone it shows how many times it was retested. "Supply" Zones are the price zones where more supply than demand has occurred, driving prices down. "Demand" Zones are the price zones where more demand than supply has occurred, pushing prices up. Classification of zones Weak: Price region which, if re-te
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            Weis Wave with Alert MT5
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            Panagiotis Diamantopoulos
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            IQ Currency Correlation MT5
            IQ Currency Correlation MT5
            Somsri Sarkar
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            TPA True Price Action MT5 Indicator
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            InvestSoft
            TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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            Powerful Hidden Cross Signal
            Powerful Hidden Cross Signal
            Ellan Dirgantara Tholkhah
            The latest most requested Binary Options arrow indicator in the Garuda Signals product line is now on MT5! Binary options signal based on multiple time frame cross over analysis. Gets confirmation from the most consistent signals known to man; Ichimoku, SMA, Bollinger Bands; and also uses the 1 Hour time frame as trend confirmation , so you don't have to open up multiple chart and waste time. - Can be used for all time frames up to 1 hour, but is most POWERFUL for 1 and 5 min options. - Place yo
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            FX Market Correlation
            FX Market Correlation
            Igor Pokorni
            FX Market Correlation indicator calculates the weakness/strength from all 28 currency pairs in the market. This is unique and powerful way of watching the market. It works on all timeframes. You can use it for scalping, or you can use it for long term trading. FX Market Correlation indicator is NOT repainting. Features: --------- -easy determine which currency is strengthening and which is weakening -choose best currency pairs to trade and times to trade them -find correlation between pairs -N
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            IQ WD Gann Pivot Point MT5
            IQ WD Gann Pivot Point MT5
            Somsri Sarkar
            VIEW INDICATOR MANUAL Note!  "Arial Bold" font should be installed in your operating system, specially on windows 10 server. Indicator can be applied with all types of instruments including Forex, Stocks, Commodities, Indices, etc. Just adjust the indicator scale accordingly. Metatrader 4 version available Indicator Benefit The indicator is inspired by WD Gann trading style & customized for the modern market with a simplistic approach. It is designed for scalping to day trading. A complete
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            Neya
            Neya
            Ivan Gherlani
            Quantitative  intra-day & intra-week  trading indicator based on   machine learning for MetaTrader 5. - Identify the trend: Demand/supply equilibrium analysis identifies the market trend which is shown on the chart together with dynamic support and resistance levels. - Know when to enter: After detecting an equilibrium imbalance (excess demand or supply in trading volume), blue and red arrows show you buy and sell opportunities. - Know when to exit a trade: The algorithm elaborates market data
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            Taras Slobodyanik
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            Taras Slobodyanik
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            Dashboard RSI Multicurrency
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            Taras Slobodyanik
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            Version 1.30 2021.08.24
            1) Fixed a bug when launching many indicators with the "Current pair" parameter.
            Version 1.20 2021.04.16
            1) Added parameter "Allow to move the table manually". Now, after double-clicking on the table headers, you can move it with the mouse. The binding to the corner of the chart remained unchanged.
            Version 1.10 2021.03.19
            1) Added options to disable the table headers.