CalmFx Snap Ranker MT4
- Indicateurs
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Callum Gunn
CalmFx - calm, clear trading tools for MetaTrader 5.
I build and support the CalmFx toolkit: on-chart panels, multi-symbol scanners and indicators designed to work side by side on the same charts, on any symbol and any screen size, from a laptop to a 40-inch TV.
CalmFx on the Market: - Version: 1.10
- Activations: 10
Markets that stretch too far from their mean tend to snap back. CalmFx Snap Ranker scans your symbol list, or your whole Market Watch, from a single chart and scores how stretched each market is from 0 to 100. The strongest snap-back candidates appear at the top, each with its expected direction.
How the score works
- RSI: how far RSI is past its overbought or oversold level.
- Band position: how far price sits across the Bollinger Bands. 100 means at a band, and higher means it has closed outside.
- Band width: the current width against its own recent average. Real expansion scores higher, while a squeeze scores low.
- Freshness: an extreme on its first bar scores higher than one that has been stuck for days.
You can change the weight of each part on the panel while it runs. A divergence between price and RSI adds a small bonus and is shown in the row tooltip.
The table
- Score, RSI, %B, band width, expected snap direction and state.
- State reads Overbought or Oversold when price is at or beyond a band with RSI past its level, and Nearing as it approaches.
- Bars: how many bars the extreme has lasted.
- A session strip for Sydney, Tokyo, London and New York with overlaps.
- Sort by any column. Drag the title bar to move the panel and the corner to resize it.
- The timeframe, RSI length and levels, Bollinger length and deviations, and the width lookback are all inputs.
Alerts
- An alert when a symbol reaches a stretched extreme, with a cooldown per symbol.
- Pop-up, sound, push notification and email. Push notifications that arrive together are combined into one message.
- Symbols that were already at an extreme when the indicator loaded are treated as the starting point, so adding it to a chart does not set off a burst of alerts.
Notes
- Alerts wait a short warm-up after loading while MetaTrader 4 finishes downloading history.
- The indicator does not open, change or close trades.
- No DLLs or web requests are used. RSI and the bands are calculated from price history, so it scans many symbols lightly.
- In the Strategy Tester only the tested symbol has price history, so the table shows that symbol only.
- A stretched market can stay stretched. The score shows how far a market has moved from its mean, not a prediction of when it will turn.
Part of the CalmFx toolkit
- CalmFx Squeeze Ranker MT4: what is coiling. This one: what is stretched.
- All CalmFx tools, for MetaTrader 4 and MetaTrader 5, are on the CalmFx seller page.
