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Currency Power Meter Linear

40 USD

Demo downloaded: 544

Published: 17 April 2015

Current version: 2.3

Currency Power Meter Linear

Indicators
Sergey Efimenko
Version: 2.3
Updated: 17 January 2022
Activations: 15

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 arrows on the chart. The current trend direction is highlighted by the coloring of the bars.

Main settings:

iPeriod - number of bars used to analyze currency power.
HistoryBars - number of calculated bars on history. The parameter affects execution time during the first launch. It is also necessary for reducing the necessary history data in case a broker has limitation on history length.
SmoothingPeriod - data smoothing period (to disable smoothing, set to 1).
SmoothingMethod - data smoothing method.
ShowPairLabels - enable/disable display labels with names of currencies in the left part of the indicator window.
LabelsFontSize - currency label font size.
ShowRatio1-8 - currency name to be displayed.
UsePairs - list of symbols for currency power calculation.
PairPreffix - additional prefix of currency pairs. For example, in EURUSD.e symbol, ".e" is a prefix.
ShowWarningComments - enable/disable comments on the operation errors, for example, the absence of symbol quotes or insufficient symbol history length at a broker's side.

more...

3331

elite luis 2023.03.23 20:16 #

Good Author and useful tools, 5 stars!

8663

sunnychow 2019.02.13 14:27 #

It looks so good. I will update my review later. Thanks for Sergey

3808

Alessio Bizzarri 2015.10.10 15:39 #

I have buy now but i knew this Sistem indictor. thank you for pubblic this MQL. next Monday will try in real Trading. 5 stars ;)

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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

50 USD

If you trade by levels, then this indicator is for you. The indicator displays support and resistance levels for the selected timeframes, additionally showing how many points to the nearest levels, as well as between which levels the current price is in the form of a color scale and percentages. Location anywhere on the chart, the ability to scale, the calculation offset taking into account the hourly difference of your broker, the choice of colors and other parameters will allow you to cus

30 USD

The indicator shows the schedule of economic news releases on the chart. News is loaded using a free utility that you can download here . The calendar is loaded once at the beginning of the week. You can customize the list of required countries (currencies). The news is divided into 4 categories of importance: high, medium, low and others. By default, the indicator displays data for the current week. There are 4 offset buffers available in the indicator, which can be used as a news filter w

30 USD

The utility is designed for automatic loading of data necessary for functioning of News on chart indicator which is a calendar from forexfactory. Parameters: Use common folder - download files to the public file folder for all terminals \Terminal\Common\Files\. If false , download data to the 'files' folder of the current terminal. First day - news download start date. Leave 0 (01.01.1970 00:00) to download the current data only. Calendar url - address of the source data website to be added to t

FREE

The indicator expands the capabilities of standard fractals, allows you to find, display and use them, calculating for any odd length, that is, 3 (DeMark points), 5, 7, 9 and so on bars. Fractals can be calculated not only by bar prices, but also by the values of moving averages of a given period. All types of alerts are implemented in the indicators separately for upper and lower fractals. To set the number of used bars, the Left fractal bars count variable is set in the settings (the default

30 USD

Extended version of the "Keltner Channel" indicator. This is an analytical tool that allows you to determine the ratio of the price position relative to its volatility. You can use 26 types of moving average and 11 price options to calculate the middle line of the indicator. Configurable alerts will notify you when the price touches the upper or lower border of the channel. Available average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weig

30 USD

The difference from the standard ZigZag indicator is the following: instead of calculating new extremum points based on the number of bars, it uses the distance between the high and the low to calculate the extremum points. In addition, this distance is calculated dynamically on default and depends on price fluctuations for a selected period and the multiplier. The distance can be set as a fixed number. In addition, it displays the reversal line, reaching which the previous extreme point is fix

35 USD

An extended version of the well-known Moving Average Convergence / Divergence (MACD) indicator, distributed in 4 colors: growth, fall above and below 0. 26 options for smoothing moving averages, 11 types of prices. Disabled Alerts on color change with selectable alert mode: only when crossing a zero value or at any color change (rising / falling change and 0 crossing). Smoothing options: Simple, Exponential, Wilder Exponential, Linear Weighted, Sine Weighted, Triangular, Least Square, Smoothed,

30 USD

I offer Stochastic indicator (oscillator) with signal line filtration by means of the Adaptive Moving Average (АМА). I also added a function of multicolor signal line display of increase and decrease by means of lines or dots at the discretion. Moreover, you can highlight signal line values located below the specified minimum level or above the specified maximum level. Parameters: PeriodK - period K of Stochastic oscillator Slowing - period of Stochastic oscillator slowing PriceField - Stochasti

30 USD

I offer you Commodity Channel Index (CCI) indicator (oscillator) with additional filtration by means of the Adaptive Moving Average (АМА). This technical indicator determines the strength or weakness of Bullish and Bearish trends. Its principle is based on the analysis of the current change in the deviation of the price from its average value for a given period with the filtering of the obtained values using the Kaufman algorithm, built on the basis of an exponentially smoothed moving average an

30 USD

The indicator automatically calculates and plots Fibonacci support and resistance levels - one of the most effective tools for market analysis. The calculation uses the averaged price data for the selected period and timeframe. The minimum and maximum for this period are taken as the beginning and end of the movement. Fibonacci levels allow you to see potential reference points, around which the price movement can slow down or reverse, that is, they are used to predict further movement, as well

30 USD

35 USD

30 USD

The uniqueness of this indicator lies in the volume accounting algorithm: accumulation occurs directly for the selected period without reference to the beginning of the day. The last bars can be excluded from the calculation, then the current data will have less influence on the significant levels (volumes) formed earlier. For a more accurate calculation, data from the M1 graph is used by default. The step of distribution of price volumes is regulated. By default, the right border of the display

35 USD

This is a linear indicator of a currency power (correlation) having the ability to filter by smoothing values. It shows the current power of 8 major currencies, as well as historical values without redrawing. It is based on a custom algorithm. A basic currency pair is used for the calculation basis; the currency pair can differ from the current chart symbol. The result depends on the selected chart timeframe the indicator is launched at and on the basic currency pair. The indicator works with an

30 USD

The indicator shows (optional): Spearman's rank correlation coefficient, Pearson's linear correlation coefficient, Kendall's rank correlation coefficient, and Fechner's sign correlation coefficient. This oscillator shows the points of possible market reversal when the price goes beyond the overbought and oversold levels. There are 4 methods for additional filtering of the obtained values: simple, exponential, smoothed, linearly weighted. After the bar is closed, the values are fixed and not rep

30 USD

This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Average

30 USD

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3331

elite luis 2023.03.23 20:16 #

Good Author and useful tools, 5 stars!

8663

sunnychow 2019.02.13 14:27 #

It looks so good. I will update my review later. Thanks for Sergey

3808

Alessio Bizzarri 2015.10.10 15:39 #

I have buy now but i knew this Sistem indictor. thank you for pubblic this MQL. next Monday will try in real Trading. 5 stars ;)

Version 2.3 2022.01.17

Added a low-frequency filter for the input values of currency strength to ignore sudden spikes during news releases or speeches of important people.

Version 2.2 2020.08.24

Added coloring of bars based on the intersection of the currency strength indices of the current chart. Added the option to display only the currency indexes of the current chart. Added the ability to display the difference in the currency indices of the current chart as a line or 4-color histogram.

Version 2.1 2020.08.04

The code was optimized for the current version of the terminal.

Version 2.0 2018.06.27

Added the color change parameters.

Version 1.9 2018.02.13

New alert mode: the intersection of indexes regardless of the currency pair of the selected chart.

Version 1.8 2017.11.07

Added alerts notifying of the current currency pair's indices crossing.

Version 1.7 2016.01.21

Added an array and toggled information in the comments about the "gaps" in the quotes. As the terminal downloads the currency pair chart data, requested by the indicator, the value goes to 0. This array can be used in EA's for the evaluation of the inaccuracy of the data, generated by the indicator.

Version 1.6 2016.01.19

Added the new value smoothing methods (26 in total).

Version 1.5 2015.06.04

Improved automated update of the indicator's readings after the terminal has uploaded all necessary history for all currencies.

Version 1.4 2015.06.01

- Added ability to use absolute currency power values (UseAbsoluteValues=true). If you want to use the initial "step" calculation mode, set UseAbsoluteValues=false.
- Added ability to use several indicators on a single chart.

Version 1.3 2015.05.14

Improved searching for a bar by a simple shift. Now, the search for a necessary bar by a shift is performed after the search for a shift by the bar time.

Version 1.2 2015.05.07

Correction of the indicator's objects deletion

Version 1.1 2015.05.06

1. Added adjustable arrows which appear when lines of currency strength of the current instrument are crossed.
2. All 28 combinations of 8 major currencies are added for analysis by default.