RunwiseFX Market Trending plus Alert

4.67

Description

Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great entry point. The alert is controllable directly from the chart, with an on-chart tick box to enable the alert.

Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes.


Usage

Entry should be made when the indicator line is above the 100 level, i.e. not yellow, and the vertical histogram bars are present and of the same color. The histogram bars appear when the direction is confirmed. If purple then the direction is confirmed but the trend is weakening. Green color signals buy/long and red signals sell/short. Do not open a trade if no histogram bars are present.

Early entry: An early entry could be considered if either the vertical histogram bar green/red is present but the indicator line is still yellow, or the histogram bar is purple but the indicator line is above 100, i.e. colored green/red.

The optional alert is controlled via on the chart tick box, by default shown on the bottom left of the chart. The alert will be raised when the market transitions from flat to trending. The number of pips since the alert was raised is shown in the panel.

For the alert to work you must leave the chart open with the indicator placed on the chart. The alert can be set to pop-up, play wav file sound, email or notification.

A bonus spread indicator will show the current spread, which can be configured to change color if the spread has gone too high. Also current ask/bid prices can be shown in big text. The prices will be colored green if gone up, red if gone down or yellow if stayed the same. The indicators are optional and fully configurable.


Indicator Inputs

Variable Description
Main_alertOnDefault Set to true for alert to be on by default when indicator is placed onto a chart
Main_alertShowPriceLine If set to true will show horizontal price line on chart of the price when an alert was raised
Main_alertLineStyle Line style of the above alert price line
Main_alertThreshold Value of indicator for when alert happens. Default is 100 (trending confirmed).
Main_histogramThreshold Value of indicator for when histogram appears. Default is 90 (trending likely).
Col_alertSell Color of alert price line if a sell alert
Col_alertBuy Color of alert price line if a buy alert
Box_corner Which corner of the chart to show the alert's control panel. Default is bottom left.
Box_X X co-ordinate of where the show the alert's control panel
Box_Y Y co-ordinate of where the show the alert's control panel
Gen_GUIFontSize Font size for label on control panel
Gen_GUIFont Font name used on control panel
Gen_lineLabelFontSize Font size of text label used on horizontal price lines
Gen_alertPopUp If true then will alert via pop-up window (note, on strategy tester will appear in Journal)
Gen_alertSound If true will alert via playing of wav file
Gen_alertSoundWavFile Wav file fame, use if Gen_alertSound is set to true
Gen_alertMail If true then will alert via email, as configured in your MetaTrader terminal
Gen_alertNotification If true then will alert via push notification, as configured in your MetaTrader terminal
Gen_colorLabel Color used for labels in the control panel
Gen_colorSell General color to use for sell
Gen_colorBuy General color to use for buy
Gen_colorSellBuy General color to use when transitioning from buy/sell
Gen_askBidPricesShow If true when will show ask/bid prices on the chart
Gen_askBidPricesCorner Which corner of the chart to show the ask/bid prices
Gen_askBidPricesX X co-ordinate of ask/bid prices
Gen_askBidPricesY Y co-ordinate of ask/bid prices
Gen_askBidPricesSizeAsk Font size of ask price
Gen_askBidPricesSizeBid Font size of bid price
Gen_spreadShow If true then will show current spread
Gen_spreadCorner Which corner of the chart to show the spread
Reviews 3
Luigi Marazzi
213
Luigi Marazzi 2019.04.13 16:45 
 

Best indicators and EAs and exceptional customer service.

Peter
1128
Peter 2017.11.06 16:02 
 

RunwiseFX creates some of the best indicators and EAs I have come across. I love all their products!

david Ani
73
david Ani 2017.06.07 21:33 
 

Very good indicator for identifying when market is in trend or not

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This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
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Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
Fully functional manual trade panel with lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), auto SL/TP and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts. Features Lot size calculation - based on % of account to risk, fixed amount or dynamic lots Automatic take profit based on risk reward ratio
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Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Trade Panel Pro by RunwiseFX
Runwise Limited
4.86 (36)
Fully functional manual trade panel with risk/reward, auto SL, lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), news events and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts. Features Lot size calculation - based on % of account to risk, fixed amount or dynamic lots Automatic take profit base
FREE
Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre
Description The product draws lines on the chart to show daily support, resistance and pivot plus weekly and monthly pivot. An alert can be set when the price reaches one of the lines or the price closes above/below it. This can be useful for both entry and exit. The alerts can be controlled interactively directly from the chart. The product also includes bonus indicators of Average Daily Range (or Average True Range - configurable), current spread and ask/bid prices in large text, color coded a
Provides the simplicity of binary options but addresses the shortcomings of regular binary options, namely: Poor risk reward ratio, fixed duration trades, poor broker choice, poor indicators/alerts, no hidden (stealth) stop loss/take profit, etc. Features 1 to 1 risk reward ratio, calculated automatically (configurable) Manual (with alert) or automatic trade entry (on alert conditions) Lot size calculation (money management) - based on % of account to risk or fixed amount Compact interactive on
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
The indicator displays trend strength, including showing the transition from buy to sell and visa versa. It is ideal for trend following strategies and also highlights possible reversals/flattening trend with a yellow X on the indicator window. By default, the indicator does not repaint/flicker, however, there is an option to calculate on the live candle but even then the indicator will not repaint unduly. The indicator can also be used for exit. Usage Enter long/buy trade when the indicator tr
The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
The first currency based indicator to draw a distinction between map and strength. The map shows the currencies in terms of oversold/overbought levels and gives the direction of travel. The currency strength calculates and shows the strength of that move. Alerts are included for changes in currency direction on the map (confirmed over two bars) and also when the strength reached the appropriate level.  The currency map is useful for finding currency pairs to trade and in which direction. Look fo
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple
Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies, where it can filter out flat/choppy markets. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great trade entry point. The alert is controllable directly from the chart, via a tick box. Also, the product includes bonus indicators of the current spread and ask/bid prices in l
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
The first currency based indicator to draw a distinction between map and strength. The map shows the currencies in terms of oversold/overbought levels and gives the direction of travel. The currency strength calculates and shows the strength of that move. Alerts are included for changes in currency direction on the map (confirmed over two bars) and also when the strength reached the appropriate level.  The currency map is useful for finding currency pairs to trade and in which direction. Look fo
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Luigi Marazzi
213
Luigi Marazzi 2019.04.13 16:45 
 

Best indicators and EAs and exceptional customer service.

Peter
1128
Peter 2017.11.06 16:02 
 

RunwiseFX creates some of the best indicators and EAs I have come across. I love all their products!

david Ani
73
david Ani 2017.06.07 21:33 
 

Very good indicator for identifying when market is in trend or not

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