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Real Currency Power Meter Linear MT5

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 any extended names of standard currency pairs (you should specify the appropriate value in the parameters).

Alternative variants of calculation of the strength of the currencies:  Currency Power Meter Linear Currency power correlation MACD Relative Pairs Correlation


Parameters

  • 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 enable 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.
  • ShowCrossArrows - show/hide arrows marking the intersection of currency power lines for the current currency pair.
  • UseAbsoluteValues - enable/disable the mode of using absolute (true) or "step" (false) values for calculating currency power.
  • ArrowShift - shift to display arrow above or below the price.
  • ArrowUpColor - the color of the up crossing arrow.
  • ArrowDnColor - the color of the down crossing arrow.
  • ArrowUpCode - the code of the up crossing arrow (Wingdings).
  • ArrowDnCode - the code of the down crossing arrow (Wingdings).
  • Strength Line EUR - show/hide the power line.
  • Strength Line GBP - show/hide the power line.
  • Strength Line AUD - show/hide the power line.
  • Strength Line NZD - show/hide the power line.
  • Strength Line USD - show/hide the power line.
  • Strength Line CAD - show/hide the power line.
  • Strength Line CHF - show/hide the power line.
  • Strength Line JPY - show/hide the power line.
  • UseBase - the basic currency for calculations.
  • PairPreffix - an addition to the names of currency pairs. For example, if the name of the currency is "EURUSD.e" = ".e"
  • 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.
  • ShowHolesCount - show/hide in comments information about missing quotes.
Comentarios 1
Sehn
128
Sehn 2017.04.30 04:55 
 

Fantastic indicator, highly recommended.

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Several techniques use volume as an important point in the trade. Whether to indicate strength, exhaustion, pullback weakness, among others. In chief I quote Richard Wyckoff's theory, which said about the importance of looking price and volume. However, there are several possibilities to filter what is volume that should be noticed. PVRSA/PVA users use an indicator with specific colors, which assist in identifying the volume and type of movement that the price has made. Will the high
36 USD
M15 Manual Scalping System NRP MT5
Sergey Efimenko
The indicator is a ready-made manual trading system for scalping. The default parameters are set for М15. The indicator parameters can be customized individually. After a bar is closed, the main values ​​are not redrawn except for dynamic support/resistance zones and fractal trend lines. Market entry conditions should be evaluated on a closed bar. Before buying, make sure the candle is green, the direction change symbol (by default, it is a dot) is light blue and the current candle opens near th
50 USD
TTM Squeeze Indicator for MT5
Renaud Candel
TTM Squeeze is an indicator to time entries based on volatility. Good timing might be more important than direction. If you are right with direction but you don't have correct timing then you could end up losing money in the market. If you have good timing and only pick direction correctly 50% of the time you might be profitable with correct risk management. The indicator will plot red and white points (squeeze line in the center) and histogram (above and below the center line). When the indic
147 USD
Engulfing Bar Indicator for MT5
Renaud Candel
Engulfing Bar Indicator is a pattern recognition indicator for Forex and Binary Options. The Engulfing Bar Indicator is a slightly enhanced pattern of the popular engulfing candle. The strategy that comes with the Engulfing Bar is purely based on price action. Inputs Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable popup alerts EmailAlerts (true/false): enable email alerts PushAlers
97 USD
Harmonic ABCD Monitor MT5
Mihail Matkovskij
Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
230 USD
LT Easy Market
Thiago Duarte
Easy Market makes the market easier to trade. It allows you to see an "eternally" side (no trend) market, making it extremely easy to see when the price is overbought or oversold. Both trend and consolidation traders will like Easy Market. You can use it as an auxiliary window (below chart) or in full screen mode. See the screenshots and note how it gives you accurate entries! Free demo version:   https://www.mql5.com/pt/market/product/41869 Free signals emitter:   https://www.mql5.com/en/market
50 USD
Trend Line Map Pro MT5
Sayadi Achraf
⭐️   ⭐️   ⭐️   ⭐️   ⭐️        TREND LINE MAP ⭐️⭐️⭐️   ⭐️⭐️ Trend Line Map indicator is an addons for Trend Screener. Important Note : 1.  Active Signals Performance via  TREND LINE MAP INDICATOR ( Daily Update )    ► Click Here 2. Trend Line Map is a Trend Line Scanner based on Trend Screener Indicator. Please make sure that you get  Trend Screener Pro  before getting Trend Line Map indicator. 3.  If you don't have  Trend Screener Pro  Indicator, the  Trend Line Map Pro  it will
49 USD
Pivot Channels PRO MT5
Dmitry Zmitrovich
⭐⭐⭐⭐⭐ I'm glad to present you my new "Pivot Channels Pro" indicator. ⭐⭐⭐⭐⭐ It builds on my previous indicators and over six years of experience using them. This indicator includes all the best strategies that I have researched. When developing and optimizing, I used ML algorithms. The indicator is very easy to use. Now the indicator has 3 basic strategies and the ability to customize your own strategy. I am constantly looking for better strategies. Telegram channel:   https://t.me/d_product
50 USD
Elder AutoEnvelope
Financial Trading Seminars Inc.
Envelopes or channel lines are set parallel to the Moving Average (to the slow MA if you use two MAs). The two channel lines must contain approximately 95% of all prices for the past two or three months on a daily chart, with only the extremes protruding outside. Channel lines provide attractive profit targets - sell longs near the upper line and cover shorts near the lower line. The AutoEnvelope is a custom indicator - an original tool that automatically selects channels width by calculating a
39 USD
Filtro:
Sehn
128
Sehn 2017.04.30 04:55 
 

Fantastic indicator, highly recommended.

Respuesta al comentario
Versión 1.1 2020.07.25
The code was optimized for the current version of the terminal.