Sevens Heavens Multicurrency Indicator for MT4

5

Hello,

This indicator is a unique high reliability 7-in-1 multicurrency indicator comprising these sub-indicator’s:

  1. A Trend Power Crossover Indicator.
  2. A Percent Change Crossover Indicator.
  3. A Currency Overbought/Oversold Indicator.
  4. A Currency Deviation Indicator.
  5. A Currency Impulse Signal Indicator.
  6. A Trend Power Indicator.
  7. A Currency Volatility Indicator.

The main advantage of this indicator is that it's reasoning by currency and not by currency pair. The values of each sub-indicator are calculated for the 8 major currencies: USD, EUR, JPY, GBP, CAD, AUD, CHF, NZD.

It is a more robust method for analyzing Forex markets. Indeed, this method allows for example to know exactly the currencies whose price increases and that of which the price decreases. moreover, this method integrates in an intrinsic way the aspects related to the currency correlation in the calculations.

With this indicator you will be able to detect many reliable forex signals for 28 currency pairs by using only one chart. The profitable and reliable trading opportunities you can detect will be highly improved compared to standard indicators based on the analysis of currency pairs.

My indicator is comprising most of concepts needed for a profitable and reliable trading:

  • Currency trend (indicator 1, 2, 5 and 6).
  • Currency strength (indicator 3).
  • Currency standard deviation compared to the standard price (indicator 4).
  • Currency volatility (indicator 7).

Please do not forget to make all symbols visible in the “Market Watch” before using this indicator (see the full description of the indicator in the link below).

Full description of the indicator :

https://www.mql5.com/en/blogs/post/747091


MT5 Version: https://www.mql5.com/en/market/product/75439


Reviews 5
topline8000
1144
topline8000 2022.05.03 11:52 
 

ok

Aravind Kolanupaka
10074
Aravind Kolanupaka 2022.02.20 18:58 
 

Good work

Kev Case
307
Kev Case 2021.12.27 16:37 
 

Very good indicator, it has upped my trading

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The Magic Dice is an expert advisor that trades during large markets movements. It’s using pending orders. I’m sharing with you this expert in order to find the best broker for live trading because this expert need a broker with low spread and very fast execution. So, thank you in advance for giving me your feedbacks on this subject Please note that this expert is designed to be profitable only in low spread condition. In the default setting I’m using a spread filter of 3.0 just for passing the
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This Expert Advisor is designed for news trading. This version is the free version for MT4. The amount of news to handle is limited to 5 news in USDPY (0.01 Lot). Please find below the other versions of this expert (The Pro versions have not limitations) : News Advisor MT4 Pro. News Advisor MT5 Pro. News Advisor MT5 Free. The main advantage of this expert is that it’s offering backtesting capabilities (something that is not found in most news expert advisors). This ability gives you the opportun
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redneedle
524
redneedle 2023.12.19 22:37 
 

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John Winsome Munar
3471
John Winsome Munar 2022.06.21 05:05 
 

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topline8000
1144
topline8000 2022.05.03 11:52 
 

ok

Aravind Kolanupaka
10074
Aravind Kolanupaka 2022.02.20 18:58 
 

Good work

Kev Case
307
Kev Case 2021.12.27 16:37 
 

Very good indicator, it has upped my trading

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