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Indicator Combine Merge MT5 by RunwiseFX

Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement.

A‌lso features a statistics panel reporting the success of the combined indicator by examining the current chart. The win rate, profit and draw down are calculated, based on a selected stop loss and take profit/exit regime. Results from other charts can also be shown together and ordered with the best performing symbols shown first - allowing cherry picking of best symbols/timeframes.

The product is easily configured using pop-up forms – see video. The product comes ready configured for the M30 period, using a range of standard indicators, with confirmation on the H4 timeframe.

Fully compatible with our range of EA panels, allowing easy conversion into an EA that can trade automatically.

‌‌Please see Comments tab for link to the manual.


Features

  • Combines multiple indicators both visually and in terms of an alert
  • Works with standard indicators and Custom Indicators, even if just have ex4 file or those purchased from market
  • Indicators are examined on candle close, by default, so no repainting
  • Choice of two configurable alert levels - early (say when 75% of indicators lined-up) and confirmed (all lined-up)
  • Shows trade result statistics of combined indicators with win ratio, profit and draw down - calculated in real-time by examining the current chart
  • Option to show table of statistics from other charts/symbols that the indicator is loaded on to - ordered by profit
  • Results show outcome of both early and confirmed alert, so can see which is performing best
  • Option to automatically select early or confirmed alert, depending on which has the higher profit, or win ratio
  • Realistic calculation of statistics by taking into consideration a selected stop loss, take profit/exit regime and spread
  • Stop loss can be specified either as fixed pips or using a variety of automatic calculation methods, including from a custom indicator
  • Statistics can also include effect of trading hours, partial take profit/exit, trailing stop loss and auto break even when target reached
  • Take profit and break even targets can be specified as either risk reward ratios or in pips
  • Pips can be optionally specified as a percentage of the Average Daily True Range, allowing it to automatically scale depending on the symbol
  • Shows simulated trades on the chart with open price, stop loss used, close price and profit
  • Automatic recalculation of statistics upon configuration changes, showing the effect on win ratio, profit and draw-down
  • One-click restore of previous configuration if change was not beneficial
  • Configured stop loss, break even and take profit prices are shown on chart for use with new trades
  • Easy to use configuration pop-ups
  • Choice of display formats, i.e. bar or histogram
  • Choice of alert methods, e.g. pop-up, email or mobile notification
  • Easy integration with our EAs for automated trading


‌Indicator Inputs

Use the CONFIG button to configure the system. Inputs are provided as an alternative and are fully described in the manual - see Comments tab for link to manual. Key inputs are explained below:

  • Main_alertConfirmedPercentage - Percentage of indicators that need to have lined-up for confirmed alert to happen
  • Main_alertEarlyPercentage - Percentage of indicators that need to have lined-up for early alert to happen
  • Main_alertResetLevel - How much indicator needs to go to other direction of alert reset to happen
  • Main_binaryOptionModeBars - If > 0 then number of bars before trade closes to simulate Binary Options


Using the Strategy Tester / Demo Version

Make sure the test is running at least at market speed for the buttons on the panel to work. Alerts appear in the Journal tab.


Converting Into an EA With Our Other Products

Can easily be converted into an EA for automated trading with our Panel plus Configuration Automaton product (see video). This will also consider news events and provides a global take profit, say when an equity target on the account is reached.

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Cointegration Pair Trading Indicator Indicator for statistical and quantitative pair trading strategies. You can perform Long&Short or Long&Long/Short&Short between two different assets. The indicator performs a series of statistical tests between the assets and shows whether the pair is cointegrated or not. Suggested Usage Strategies (a) Verify if that the pair is cointegrated by the ADF test (Augmented Dickey-Fuller Test). 0% means the pair is not cointegrated; 90% 95% 97.5% and 99% means
99.99 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
X3 Chart Pattern Scanner MT5
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
PZ Harmonacci Patterns MT5
Arturo Lopez Perez
これはほぼ間違いなく、MetaTraderプラットフォームで見つけることができる最も完全な調和価格形成自動認識インジケーターです。 19種類のパターンを検出し、フィボナッチプロジェクションをあなたと同じように真剣に受け止め、潜在的逆転ゾーン(PRZ)を表示し、適切なストップロスとテイクプロフィットレベルを見つけます。 [ インストールガイド | 更新ガイド | トラブルシューティング | よくある質問 | すべての製品 ] 19の異なる調和価格形成を検出します プライマリ、派生および補完フィボナッチ投影(PRZ)をプロットします 過去の価格行動を評価し、過去のすべてのパターンを表示します この指標は、独自の品質とパフォーマンスを分析します 適切なストップロスとテイクプロフィットのレベルを表示します ブレイクアウトを使用して適切な取引を通知します すべてのパターン比をグラフにプロットします 電子メール/音声/視覚アラートを実装します スコット・M・カーニーの本に着想を得て、この指標は最も純粋で急を要するトレーダーのニーズを満たすように設計されています。ただし、トレードを
399 USD
Smooth price for Monarch
Konstantin Gruzdev
The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an
999 USD
Royal Scalping Indicator
Ehsan Tarakemeh
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping Indicator is not just an indicator, but a trading strategy itself. Click here for the MT4 version Features Price Adaptive Trend Detector Algorithm Mu
129 USD
Signal Five
Masimpe Chandala
Signal Five(5) Indicator is Non Lag  MT5 indicator based on trend reversals for trading NASDAQ, EURAUD, USDMXN, AUDCHF, BOOM, CRASH, Volatility 100 Index (V100), V100(1s), STEP Index  and V75 respectively on the Binary Broker. The indicator will detect a signal and give pop ups on your MT5 platform you then trade. Time Frames recommended are as follow, M5, H1, H4 and D1 . Only use M1 time frame if you want to scalp and close on candle 3 -5 from opening price used. You will take profit and or sto
99 USD
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Edgar Duttweiler
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Edgar Duttweiler 2018.04.24 23:30 
 

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バージョン 5.0 2019.08.10
- Added new capture mode OnCross for when indicator crosses certain value

- Added support for MT5 indicators that show multiple colors on a single color index
バージョン 4.8 2019.01.03
- Fixed issue with 'YesAndAtStart' mode where wouldn't work properly under certain circumstances
バージョン 4.4 2018.10.21
- Added support for moving average crossing high and low moving average
バージョン 4.3 2018.09.29
- Added input Indi_checkErrorReturnFromICustom which can be set to true if you get an alert "can't find/initialise custom indicator...", but is actually fine. This can happen with certain indicators that are slow to initialise.
バージョン 4.2 2018.06.26
- Added compatibility with Awesome Oscillator indicator
バージョン 4.1 2018.06.18
- Fixed issue where excessive message logging in the Experts log could happen if using stop loss calculation method Custom Indicator
バージョン 4.0 2018.06.05
- Fixed issue where configuration could not be set on a per symbol/period basis

- Improved compatibility with indicators that draw colored objects on the chart, where the color represents the buy/sell indication
バージョン 3.4 2018.04.18
- Added support for indicators that use object colors to signify buy/sell.
バージョン 3.3 2018.03.27
- Improved compatibility with Tipu MACD indicator and MACD cross
バージョン 3.1 2017.12.25
- Fixed issue with Bollinger Band reversal not working
バージョン 3.0 2017.11.20
- Added support for indicators that display trend lines

- Added support for indicators that work on currencies rather than currency pairs

- Added support for indicators crossing other indicators
バージョン 2.9 2017.10.05
- Fixed bug when calculating combined indicator value when 'Essential for Trade' option set to 'Yes And At Start' for the sell direction
バージョン 2.8 2017.09.28
- Fixed issue with double alert/notification occurring under certain circumstances
バージョン 2.7 2017.09.19
- Fixed accuracy of statistics calculation with regard to spread when using Strategy Tester
バージョン 2.6 2017.09.13
- Fixed take profit calculation when using Median Renko charts
バージョン 2.5 2017.08.29
- Added support for indicators that display arrow objects on the chart

- Fixed possible divide by zero error
バージョン 2.3 2017.08.01
- Improved support for Price Action Strength Indicator custom indicator