Pairs Signs Expert Advisor
Pairs Signs is the name of this Expert Advisor because it acts as an indicator and it analyzes 28 pairs and therefor its output is indexes of 8 currencies as follows:
EUR_Index, USD_Index, JPY_Index, GBP_Index, CHF_Index, CAD_Index, AUD_Index, NZD_Index.
It is possible that your broker does not have some of these pairs to trade, you can find how many pairs are used to analyze the index on the left bottom corner of the chart.
The more pairs are analyzed, the better signal is shown. After achieving these indexes, the Expert Advisor analyzes both sides of the pair and its output is a signal of that pair.
28 pairs are as follows:
EURUSD, EURAUD, EURGBP, EURJPY, EURCAD, EURCHF, EURNZD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF, USDCAD,GBPNZD,
GBPJPY, GBPCHF, GBPCAD, GBPAUD, AUDJPY, CADJPY, CHFJPY, NZDJPY, AUDCHF, CADCHF, NZDCHF, AUDCAD, NZDCAD, AUDNZD.
For the first time you want to use this Expert Advisor in the MetaTrader terminal or strategy tester, it is possible that your terminal does not have enough data feed of these 28 pairs, that is why time longs over 30 minutes for downloading data from your broker's server.
This Expert Advisor is independent of time frame and you can run it on any time frame easily. Also you can choose start of analysis with two options: start of this week or start of today; and also you can see all signals of 28 pairs on one chart simultaneously.
Signals to be shown:
UP_strong, UP_middle, UP_weak, NO, DN_strong, DN_middle, DN_weak.