Market Analyzer
- Indicatori
- Vitalii Krasil'nikov
- Versione: 1.21
- Attivazioni: 5
Presenting "Market Analyzer" — a convenient and reliable indicator‑informer for MetaTrader 4 that quickly shows the prevailing market force across multiple timeframes. The indicator combines trend and momentum indicators (EMA, ADX, MACD, RSI) with a volatility filter (ATR), aggregates signals with configurable weights, and outputs an overall score and a simple trading suggestion: "Trade Up", "Trade Down", or "No Signal".
Why choose this indicator:
Compact and informative — all key market parameters are visible at a glance.
A multi-timeframe approach considers all timeframes from the highest to the lowest.
The trend + momentum + volatility combination reduces false signals.
Auto‑contrast and background make the informer readable on any chart theme.
Compatible with both legacy and modern MT4 builds (including classic builds).
Key features:
Analysis across all timeframes.
Uses EMA_fast/EMA_slow for trend direction.
ADX to assess trend strength (default threshold 25).
MACD and RSI for momentum confirmation.
ATR/price as a minimum volatility filter.
Clear scoring (normalized value) and counters: Bulls / Bears / Neutral.
Flexible display settings: position, offset, font, automatic text color selection.
Real‑time updates (timer and/or on each indicator calculation).
Easy installation and minimal dependencies (built‑in, no external libraries).
How to interpret signals:
"TRADE UP" — positive normalized score (strong agreement of timeframes toward bullishness). Suitable for long positions after confirming candle structure and applying risk management.
"TRADE DOWN" — negative score (strong agreement of timeframes toward bearishness).
"NO SIGNAL" — insufficient agreement between timeframes or lack of strength/momentum — recommended to refrain or wait for confirmation.
Usage recommendations:
Use the indicator as a filter and informer, not as the sole entry signal.
Combine with risk management: stop‑loss / take‑profit based on market structure and ATR size.
Requirements and compatibility:
MetaTrader 4 (supports classic and newer builds).
Supported timeframes: any standard MT4 TFs (M1…MN1).
No external libraries or DLLs required.
Disclaimer: The indicator is provided "as is". Trading financial markets involves risk. The seller/developer is not responsible for losses.
v1.21 — first public release:
Multi‑timeframe scoring EMA/ADX/MACD/RSI/ATR
Auto‑contrast and informer background
Compatibility with older MT4 builds
Conclusion:
"Market Analyzer" is a practical and flexible solution for those who want to quickly assess the consistency of signals across multiple timeframes and make more informed trading decisions. It suits traders seeking a quick overview as well as those who like fine tuning of weights and indicator parameters.
