CalmFx Trend Ribbon MT4

  • Indicateurs
  • Callum Gunn
    Callum Gunn

    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:
    2 sujets
  • Version: 1.0
  • Activations: 10

Three moving averages drawn as two coloured clouds, so trend, pullback and turn are visible at a glance. CalmFx Trend Ribbon shades between the fast and mid averages, and between the mid and slow averages, and each cloud changes colour with its direction.

What it draws

  • A fast-to-mid cloud for the quick read and a mid-to-slow cloud for the structure.
  • The three moving average lines on top (8, 38 and 200 by default). Periods, method and applied price are inputs.
  • An optional Bollinger envelope drawn as the upper and lower lines only, with no middle line.
  • Optional arrows on each fast and mid cross, judged on closed bars so an arrow never appears and then disappears.
  • An option to show only the crosses that agree with the side of the slow average.

Alerts

  • Alert on a confirmed fast and mid cross. Pop-up, sound, push notification and email.
  • Nothing fires when the indicator first loads.

Notes

  • The indicator does not open, change or close trades.
  • On MetaTrader 4 the clouds are drawn as fine histogram bars between the averages; the bar width is an input.
  • Built on the standard MetaTrader moving averages, so the lines match the built-in ones exactly.

Part of the CalmFx toolkit

  • CalmFx Surge Ranker MT4, Snap Ranker MT4, Squeeze Ranker MT4 and Session Range Ranker MT4 rank your whole watchlist.
  • All CalmFx tools, for MetaTrader 4 and MetaTrader 5, are on the CalmFx seller page.
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