MetaTrader 5
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- 2025.01.30 05:40
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Flexible Momentum (MetaTrader indicator) — calculates the change of a currency rate during a given period (in seconds) and displays the result as a number of points and percentage in the main chart window of the platform. It offers highly customizable alerts based on thresholds for maximum momentum in points and percentage. Because this indicator uses ticks history to calculate momentum, it works only in MT5.
The main purpose of this MT5 indicator is to inform you when there is a large price movement in a short period of time. This can be useful both when entering new trades and when you need to decide whether to exit an existing trade.
Input parameters
Main
- Seconds (default = 10) — how many seconds to calculate the price change over.
- ThresholdPoints (default = 30) — a threshold in points for alerts to get triggered (if configured).
- ThresholdPercentage (default = 0.02) — a threshold in percentage for alerts to get triggered (if configured).
- DiscardIfOlder (default = 1) — discard calculations if ticks used for calculations are older than the given number of seconds.
- PriceToUse (default = Bid) — the kind of price to use in calculations. Can be Ask, Bid, or Midprice.
Alerts
- AlertBehaviror (default = No alerts) — what to do on a threshold breach?
- No alerts — nothing.
- Single alert until next breach — a single alert will be issued until the momentum declines below the threshold. Works separately for points and percentage thresholds.
- Continuous alerts whenever condition is met — if the momentum is above a threshold, issue alerts every tick.
- Alert on condition but with time limit on next alert — if the momentum is above a threshold, issue alerts with intervals defined by the next input parameter.
- AlertTimeLimitForRestricted (default = 5) — a pause in seconds until the next alert. Works only if AlertBehaviror is set to Alert on condition but with time limit on next alert.
- EnableNativeAlerts (default = false) — if true, a native MetaTrader popup alert will be used when an alert condition is fulfilled.
- EnableEmailAlerts (default = false) — if true, an email message will be sent when an alert condition is fulfilled. Email should be properly configured in MetaTrader via Tools->Options->Email.
- EnablePushAlerts (default = false) — if true, an email message will be sent when an alert condition is fulfilled. Notifications should be properly configured in MetaTrader via Tools->Options->Notifications.
Display
- Font Size (default = 8) — font size for displayed text.
- Up Color (default = clrGreen) — the color of the text when price change is positive.
- Down Color (default = clrRed) — the color of the text when price change is negative.
- No Change Color (default = clrBlue) — the color of the text when there is no change in price or there are not enough ticks.
- X Distance for Text (default = 21) — horizontal distance in pixels from the chosen screen corner to the text.
- Y Distance for Text (default = 20) — vertical distance in pixels from the chosen screen corner to the text.
- Text Corner (default = CORNER_LEFT_LOWER) — chart corner to display the text.
- Text Object Name (default = "FM_Text") — object name for the text with the momentum value.
Easy Trend Visualizer MT5
Easy Trend Visualizer is a MetaTrader indicator that does exactly what its name says. It shows where the trend begins, where it ends, and where there is no trend at all. It is based on standard MetaTrader ADX (Average Direction Movement Index) indicators and works quite fast. Easy Trend Visualizer displays itself in the main chart window. It offers a range of alerts: horizontal line appears, horizontal line cross, arrow up, arrow down, previous horizontal line cross (PHLC). Available for MT4 and MT5 platforms
Dots Indi MT5
Dots (MetaTrader indicator) is based on the 2006 indicator by TrendLaboratory. It displays the current trend direction by placing the dots on the main chart. The blue dots signal bullish trend and the red dots signal bearish trend. Although the indicator doesn't rely on any standard MetaTrader indicators, it uses a call to iMA() (moving average) to get the price values depending on the input price type used (Close, Open, High, Low, Typical, etc.) The calculation is based on the cosine of the angle of price change. Trader can modify several input parameters. The indicator is available both for MT4 and MT5 versions of the platform.
Fisher Indicator MT5
Fisher MetaTrader indicator — is quite a simple histogram indicator that detects the trend's direction and strength and signals about trend changes. It doesn't use any standard MT4/MT5 indicators in its code. Fisher bases its calculations on the maximum and minimum price levels from the previous periods, applying some advanced math calculations to the relations between the current price and the max/min prices. The indicator is available for both MT4 and MT5. This is a "repainting" indicator — it recalculates previous bars when a new bar arrives.
Gain/Loss Info MT5
Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5