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Power Tools

Power Tools provides multiple analytical tools in one indicator for fast analysis of multiple information.

This includes multi time-frame, multi- currency , total base currency performance as well as alerts and notifications.

The tools and functionalities will be expanding based on the developers discretion and suggestions of the users.

Ensure the pairs analyzed are included in the market watch and have enough history over the timeframes being analyzed


Current Strength

Top Right Corner

Shows how strong each base currency currently is from 0 to 10.

Closer to 10 implies a strong base currency that is increasing.

Closer to 0 implies a weak base currency that is decreasing.

Get a general market overview of what is happening, which currencies are weakening and gaining.

Find combinations of Strong (score above 6) and Weak (score bellow 4) symbols to buy one against the other.

The scores are calculated by analyzing 10 trend indicators for each base currency against all its other peers.


Moving Strength

Bottom Screen

Show how each base currency has moved over a given period of time . It compares the movement of each base currency against its other counter currencies producing a visual showing which base currencies are gaining strength and which one are getting weaker.

Rather than just looking at one pair and decide if is going up or down you can also see how one of those base currencies is doing also as a whole.

This tool does not use any indicators. It only sees how much each currency has gained or lost over time.

Multi Currency Analytics

Top Left Corner

Shows how a selection of up to 25 pairs are performing ,to quickly find trading opportunities.

  • Trend : Shows if the pair is moving up or down and how strong it is on a scale of -100% to 100%. Determine if you should buy or sell that pair.
  • Short Term: Shows where a pair is heading on the short term on a scale of -100% to 100%. If it is opposite the Trend is an indication that you may need to wait before placing a trade.
  • Extremes: Shows if a pair is Oversold ↓ or Overbought ↑ on a scale of -100% to 100%. An Oversold pair is an indication that is a bit too late to sell that pair and may start moving up soon. The opposite applies for Overbought pairs.
  • Pips Move: Shows how big the last straight move was. Is an indication of how volatile the pair has been and around how many pips you may expect to gain when Trend and Extremes are opposite.
  • Opportunity: You should be looking to Buy up trend ,oversold symbols and sell down trend ,overbought pairs. When these opportunities exist an arrow will be displayed in the Opportunity column informing you that it may be good trades.

Alerts/Mobile Notifications/Emails will be given when trading opportunities first appear.


Multi Time Frame Analytics

Bottom Left Corner

Applies the same principles as the Multi Currency Analytics on the selected pair in order for you to gain more information as to how it is performing in bigger or smaller time frames.


Settings

Running all the tools together or too many symbols will require a lot of CPU Power

  • UseToolName: Set True or False to indicate if the specified tool is to be used.
  • Currencies Used: The number of Base Currencies used for Current and Moving Strength
  • Currency#: The name of Base Currency at position #
  • terminalsuffix: If the broker has a suffix in the names of instruments type it here. Eg type micro if name is EURUSDmicro
  • terminalprefix: If the broker has a prefix in the names of instruments type it here. Eg type ecn if name is ecnEURUSD
  • minutes_update: Specify how often in minutes the calculations to be performed. Useful for less strong machines
  • EnableAlerts: Set True to receive alerts
  • EmailAlerts: Set True to receive email alerts
  • MobileAlerts: Set True to receive push notifications on your phone
  • ToolName_Timeframe: Which timeframe the selected tool runs under
  • ToolName_Window: Selected tool gets plotted on top or bottom window
  • ToolName_XLocation: Tool's distance from left
  • ToolName_YLocation: Tool's distance from right
  • Look_Back_Period: How many past periods (candles) the Moving Strength calculations to be performed
  • Pairs_Used: How many pairs analyzed
  • Pair#: Pair analyzed at location#
  • Alert_Pair / Alert_TimeFrame: Set true for the specific Pair or TimeFrame to be producing alerts.
Comentários 1
Folasade Aluko
324
Folasade Aluko 2016.07.02 01:31 
 

Another thoughtful all-in-one piece from Michalis. Very helpful in making trade decisions. Take in all data supplied by this indicator at a glance, trade intelligently...that's a five star performance! Hahaha

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This indicator is specially made for binary options trading. The indicator works well with seven currency pairs. EURUSD, AUDCAD, GBPUSD,  AUDUSD, EURGBP, EURJPY, NZDUSD. The indicator works with online daily quotes on mt4 as well as offline OTC quotes for weekend tradings. Provided your options broker offer OTC facility for weekend tradings. It is profitable with or without martingale. But more profitable with martingale of 6 steps maximum. It work on 1 minute, 5 minutes, 15 minutes and 30 minut
62.99 USD
ChartBuilder
Alexey Navoykov
The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula: EURUSD * 4 - GBPUSD * 3 The resulting chart is shown in t
60 USD
HC Cross Signal
Harun Celik
This indicator uses Donchian channel and ATR indicators. This trend tracking system uses historical data to buy and sell. This indicator does not repaint. The point at which the signal is given does not change. You can use it in all graphics. You can use it in all pairs. This indicator shows the input and output signals as arrows and alert. Open long deals on blue arrows Open short deals on red arrows When sl_tp is set to true, the indicator will send you the close long and close short warnings.
60 USD
All In One Indicator
Daniel Sic
This Indicator is all you need to make a great technical analysis of the market. It works on any timeframe and symbol and can also be used as a whole trading system. Here is a complete list of what it can do: draw automatic trendlines draw automatic regression channel draw automatic fibonacci retracement levels draw automatic fibonacci fan levels draw customizable fractals draw moving averages draw daily, weekly, monthly high & lows draw daily pivots (adding weekly and monthly soon) draw round n
59 USD
Advanced Parabolic SAR Scanner
FXsolutions
This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher t
59 USD
Real Time Currency Valuation
Igor Korepin
This unique currency index indicator has a wide range of tools for analyzing and monitoring the situation on the foreign exchange market. The indicator displays indexes of eight major currencies and also can calculate index of any other currency, metal or CFD. You will not need to study dozens of charts to determine strong and weak currencies, as well as their current dynamics. The picture of the whole currency market for any period can be viewed in a single indicator window. Main features of
75 USD
FutureForecastMt4
Andrey Spiridonov
FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values. Advantages of the indicator no repainting works on any timeframes works with any trading instruments perfectly suitable for scalping and trading binary options Parameters alert - enable/disable alerts about signals. Enabled by default. Parameters (Colors) FutureHigh - estimated High price line color. FutureLow - estimated Low price line color. Recomme
99 USD
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Folasade Aluko
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Folasade Aluko 2016.07.02 01:31 
 

Another thoughtful all-in-one piece from Michalis. Very helpful in making trade decisions. Take in all data supplied by this indicator at a glance, trade intelligently...that's a five star performance! Hahaha

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