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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
314
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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telegram link : https://t.me/joinchat/RTSgzlmYXyj7_8oP WELCOME to the very new algorithm in the market which you have never seen before.  MACD Currency Strength Meter: 2 indicators in 1! MACD Currency Meter : A MACD indicator with the power of Currency Strength Meter.  MACD  - a indicator which is good to know the momentum of a Pair Currency Strength Meter is used for tracing market trends..  If you are a fan of MACD and Currency Strength Meter, this indicator is the one for you. MACD-CSM is s
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Automated Trendlines
Automated Trendlines
Georgios Kalomoiropoulos
Trendlines  are the most essential tool of technical analysis in forex trading.  Unfortunately, most  traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets . There are two types of Trendlines Bullish Trendlines and Bearish Trendlines. In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move. Connecting at least two "lowest lows" will create a
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PipFinite Exit EDGE
PipFinite Exit EDGE
Karlo Wilson Vendiola
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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TrendfollowerSR
TrendfollowerSR
Paul Reymkhe
                     B ULL B EAR I NNOVATION                ️ Technology To Success ️   Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
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ShvedSupDem Pro Zone
ShvedSupDem Pro Zone
Andrey Shvedov
Let us analyze what supply and demand are, and how relevant the expression "market memory" is. The screenshots show the operation of the SupDem-Pro custom indicator, it is the improved version of my previously created Shved Supply and Demand indicator. In order to create it, I gave up trading for almost 3 years and studied a lot of literature, I have not traded during this time, but only analyzed the behavior of the price in different situations. It took me quite a long time to correctly formula
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Shepherd Harmonic Pattern
Shepherd Harmonic Pattern
Abdullah Alrai
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
100 USD
Beast Super Signal
Beast Super Signal
Dustin Vlok
***FLASH SALE*** Get 20% discount until Friday 16th April! Was $149 now only $119,20! The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion level The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement
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Square of 9 for all
Square of 9 for all
Francesco Rubeo
Welcome all to the famous Gann's "Square Of 9"!! This method was used by one of the best traders in the history, a person who made his way among the top traders. An "Holy Grail" for whoever wants to learn trading. The "Square of 9" was used by this genius to find the market's future supports and future resistances. Nowadays is possible to find them with just a click, thanks to softwares. At the time Gann was using just his set of square and goniometer!! Gann describes, partially, the tecnique on
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Pin Bar Indicator
Pin Bar Indicator
Renaud Candel
Pin Bar Indicator is a pattern recognition indicator for Forex and Binary Options. The Pin Bar Indicator is a pattern recognition indicator of the popular Pin Bar. The strategy that comes with the Pin Bar is purely based on price action. Inputs of the indicator are : Distance: distance in pixels relative to top or bottom of candle to display the arrow symbol UseAlerts (true/false): enable alerts PopAlerts (true/false): enable alerts in the popup window EmailAlerts (true/false): enable email aler
93 USD
Swing Reader
Swing Reader
Francesco Rubeo
Read Elliott wave principle automatically. With the Swing Reader, you can easily read the Elliott Wave Principle through an automatic system. With swing, we mean a ZigZag market that is created by a breakout of its standard deviation. You can set the deviation manually, or you can let the indicator do it automatically (setting the deviation to zero). Advantages you get Never repaints. Points showing a horizontal line, in which statistically a long wave ends. Candles showing a vertical line in
99.99 USD
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Trend Extreme Dashboard
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Michalis Phylactou
The Trend Extreme Dashboard EA is a unique multi currency EA based on the Trend Wave Extreme EA . It will monitor up to 25 pairs based on their Trend , volatility and Extreme Market Conditions. A score will be calculated for each pair's Trend and Extreme and once their scores reach high enough trades will be placed. Additional limits and restrictions can be placed to prevent opening of new trades. The Trend Extreme Dashboard EA is also ideal for use with the Loss Recovery Trader. Settings Dash
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Master Moving Average
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Overview Take full control of the moving average crossovers. This indicator creates a matrix comparing 10 different moving average periods against each other in order to find out how strong the trend is. Instructions A table is created showing 10 Moving Average Periods on the Rows and 10 Moving Average Periods on columns. By default, you see (1, 10, 20, 30, 40, 50, 55, 100, 150, 200) on both the Row and the Column. The row MA period is compared against the column MA period. A green positive va
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Trend Wave Extreme Mini
Trend Wave Extreme Mini
Michalis Phylactou
This indicator produces 3 bars by analyzing several indicators that show what the Trend , Wave and Extreme conditions are for the symbol being analyzed. It can work on any timeframe but H1, H4 and D1 are recommended. Each bar is filled upwards with a green color or downwards with a red color to determine the direction and the strength of the above 3 elements. 17 strategically used indicators can tell you how the instruments are behaving. Trend points out what the long term direction of the marke
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Bollinger Bands Trader
Bollinger Bands Trader
Michalis Phylactou
Overview This indicator monitors 10 symbols and shows how wide the Bollinger Bands are, as well as the location of the Market price within the bands for the current and last 7 candles. It can be used to measure the market volatility, identify potential breakouts and trade using Bollinger Bounce. How to Use Bands Length Shows how wide (in pips) the Bands have been for a given currency for the current period and the previous 6 periods. See how the market volatility and noise change over time and i
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Currency Power
Currency Power
Michalis Phylactou
Overview This indicator determines how strong each base currency is and assigns to it a score from 0 to 10 by comparing it against 9 of its counter-currencies. Thus, you can get the whole picture of how well each specific currency is performing against the overall market. How Does It Work Find Strong and Weak Currencies (check snapshot) This indicator shows a value of 0 to 10 for each of 10 base currencies showing how strong the specific base currency is. A value closer to 10 implies a strong
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Trend Wave Extreme
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Michalis Phylactou
This indicator analyzes several indicators that show what the Trend , Wave and Extremes conditions are for the symbol being analyzed. It displays analysis over 10 currencies, 10 timeframes and 10 previous candles. Information can be displayed in simple form, bar form or complicated mode. It can work on any timeframe, but H1, H4 and D1 are recommended. 17 strategically used indicators can tell you how the instruments are behaving. Trend points out what the long term direction of the market is. Yo
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Swing Master
Swing Master
Michalis Phylactou
Overview This indicator will help you identify once an instrument has resumed from its Trend Pullback/Retracement and help you start following the trend again. It will help you: Buy at swing lows of an Up Trend Sell at swing highs of a Down Trend Usage The indicator will plot on chart 3 elements. Trend ,Extreme and Notification Arrows. Trend and Extreme values take values from -100 to 100 using a combination of indicators. They display how strong these two elements are. Notification arrows are
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Loss Recovery Trader
Loss Recovery Trader
Michalis Phylactou
This robot attempts to recover losing trades. Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates. An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven. Usage 1. Initial trade placement method FistTradeMode option allows you to select the method the fi
220 USD
Pyrogrid
Pyrogrid
Michalis Phylactou
Overview Pyrogrid is an expert advisor that you either use as fully automated or to combine it with a trade from an existing trade (Market Order or Pending Order) that has been opened either manually or by another EA. The way this EA works is to apply Pyramid strategy whenever the market is in your favor and apply grid strategy whenever the market is against you.When auto-trading is set to true the EA will open trades counter trend when the market reaches extremes (Using RSI). Pyramid If the m
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Simple Moving Average Crosser
Simple Moving Average Crosser
Michalis Phylactou
Simple Moving Average Crossover is a very simple lightweight EA that compares two Moving Averages of different periods and opens trades whenever they cross. Trades are opened after a candle has closed and the crossover has been confirmed. Buy when the Faster Period Moving Average crosses the Slower Period Moving Average from below. Sell when the Faster Period Moving Average crosses the Slower Period Moving Average from above. The EA can operate in any timeframe and pair. You would just have to e
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Loss Recovery Trader Premium
Loss Recovery Trader Premium
Michalis Phylactou
Premium version of the Loss Recovery Trader EA with a significant number of additions. Additional Features 1) Open trades using Trend Extreme Strategy entry_trend_score : Enter a value between 0 to 100. This value determines how strong the Trend score should be at least in order for a trade to be placed. entry_extreme_score : Enter a value between -100 to 0. This value determines how strong the Extreme score should be at least in order for a trade to be placed. Negative value is to be placed.
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The Peoples EA
The Peoples EA
Michalis Phylactou
This EA will be a joined effort to develop an EA based on your inputs. By purchasing the EA, you would be entitled to express opinions on what you wish to see on it and if there is enough interest or potential in the suggestion, your idea will be added in the EA. I will be updating and reposting options as the EA gets developed. The following parameters can be modified. MOVING AVERAGE OPTIONS Enable_MA_Option - Uses the Moving Average Crossover for opening trades. MA1_Period - First Moving Avera
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Loss Recovery Trader MT5
Loss Recovery Trader MT5
Michalis Phylactou
Attempts to recover losing trades. If a trade moves in the wrong direction, the Zone Recovery algorithm begins. An alternating series of Buy and Sell trades at two specific levels take place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades close with a combined profit or break even. MT4 version here Usage General Settings Close_All: Closes all trades Magic: Magic number used Commission_per_Lot_Amount: Commission charged per Lot 1 .
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Folasade Aluko
314
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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