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  • İncelemeler (2)
  • Yorumlar (15)
  • Yenilikler

MetaBands M4

5

MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events.

Features

  • Supports most of the channel algorithms
  • Powerful trend detection algorithm
  • Capability to merge different types of channels
  • Multi-Timeframe and Multi-Currency (Signal Matrix)
  • All types of alerting functions (Sound, Screen Flasher, Push Notifications, Email, Popup, Arrows)
  • It never repaints

Trend Detection

MetaBands detects trends using a blue line which oscillates inside a channel. When the line meets the upper band of the channel, it indicates the start of a downtrend, and likewise when it meets the lower band it indicates the start of an uptrend. If the blue line moves close to the center line, the market is in consolidation.

This indicator uses a unique method to detect trends. It may seem complicated at first, but if you watch the video tutorial, you will realize how powerful and easy it is. I am always exploring new ideas to predict market trends, and whenever I discover a new effective method or algorithm, I incorporate it into the product. Your support is appreciated, and I hope to continue developing this unique offering.


Entry and Exit Signals

When the trend changes or the price crosses the upper or lower bands MetaBands immediately alerts the trader through different methods which can be enabled in the indicator settings.


Signal Matrix

To monitor multiple symbols from different timeframes and see the signals all in one place, click the upper right button or press M on your keyboard to open the Signal Matrix. This Matrix gives you a quick overview of what’s going on in the selected symbols and timeframes. Use the lower left box to add more symbols to the matrix. Write the name of a symbol and press enter to add it. You can also use regular expressions. For example, if you need to add all symbols that start with USD write usd* and press enter. To browse through history, click the _|_ button and hold down the ctrl key then move your mouse around to see the matrix in different times.


Input Parameters

Channel Type

MetaBands uses different algorithms to draw its base channel. Average True Range, Standard Deviation and regression algorithms. The inputs which have to be adjusted for the selected type are also included in the name of the channel type. Please feel free to contact me if you have ideas for adding to this list.

Period

Maximum window size. This input is a multi-input field which allows you to combine multiple channels into one single channel. For example, if you select ATR for the channel type and enter 100, 50, 100r, 80s, it will combine the four channels. The first "100" and "50" channels are of the type ATR, the third one is a 100 REG channel and the last one is a 100 STD channel. So, you can specify the type by writing the first letter of the name of the channel type at the end of each period.

Degree

Specifies the type of the moving averages used by a channel. 0 = SMA, 1 = EMA, 2 = Double EMA, 3 = Triple EMA, 4 = Quadruple EMA, 5 = Quintuple EMA and so on.

Deviation

Deviation from the center line. This input is equivalent to the deviation input in the Bollinger Bands indicator

Alpha

Defines the behavior of the trend detection algorithm. The bigger the Alpha the faster the Trend line moves. To get a relatively faster trend line, use a negative value for Alpha. A negative Alpha makes the algorithm to predict the future of the price, that’s why it's faster.

Smart Trend

Smart Trend algorithm automatically adjusts the alpha internally to cancel the trend noises. The initial value of Alpha is important.

Smooth [Period, Degree]

It’s a multi-input field for smoothing the channel. A single value will be an SMA. You can write a comma and enter another value for the degree of the smoothing method. For example, the input 100,2 tells the indicator to use a Double EMA with period 100 to smooth the channel.

All input parameters listed in the name of each channel type are multi-input fields. Each field allows for multiple comma-separated values to be entered. For example, if Period = 100, 50, 25, 12 then you may enter 3,2,1 for the Degree. As you noticed the number of degrees is less the number of periods (channels); in this case MetaBands uses the last degree for the rest of the channels.

İncelemeler 2
Stanislav Melnikov
651
Stanislav Melnikov 2023.07.07 20:00 
 

A very good indicator, one of my best purchases on the market, support at a high level

elite luis
3331
elite luis 2023.04.12 14:07 
 

I've bought and tested so many band and channel indicator, I would have to say this is the BEST! have bought both MT4+MT5, Author is very passionate and constantly update improving now even better with arrow and 3x different alert on the trend change, band and center alert, very unique and innovative band from Author, Best Buy for 2023! Thanks so much Author for the Excellent Support and Communication with your customer, always improving and open minded to idea and suggestion, you rock! :) Super Cool Band indicator deserved more than 5 stars!

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MT4 için Astronomi Göstergesini Tanıtıyoruz: En İleri Göksel Ticaret Arkadaşınız Ticaret deneyiminizi göksel seviyelere yükseltmeye hazır mısınız? MT4 için devrim niteliğindeki Astronomi Göstergemizi arayın. Bu yenilikçi araç karmaşık algoritmaları kullanarak eşsiz astronomik içgörüler ve hassas hesaplamalar sunmak için geleneksel ticaret göstergelerini aşmaktadır. Bilgi Evreni Parmaklarınızın Ucunda: Göksel verilerin hazinelerini açığa çıkaran kapsamlı bir paneli gözlemleyin. Gezegenlerin geo/h
The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the
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Abdullah Alrai
4.68 (59)
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Brian Collard
4.71 (14)
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ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
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Opengates Success International
5 (2)
TAM FOREX PİYASASI GÖRÜNÜMÜ Pano Göstergesi Bu, Yatırımcılara piyasada neler olup bittiğine dair tam bir görüş sağlamak için oluşturulmuş özel bir göstergedir. Piyasaya erişmek ve başarılı ticaret yapmak için gereken her türlü bilgiyi görüntülemek için gerçek zamanlı bir veri kullanır. KURULUM: Bu Göstergeyi pencere grafiğinize eklemeden önce, MT4'ünüzün Piyasa İzleme paneline gidin ve ihtiyaç duymadığınız veya ticaret yapmadığınız tüm Döviz çiftlerini GİZLEYİN ve geri kalanını orada bı
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
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Elmira Memish
4.39 (36)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
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3 (2)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
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Georgios Kalomoiropoulos
4.83 (23)
Yeni Nesil Otomatik Arz ve Talep Bölgeleri. Her Grafikte Çalışan Yeni ve Yenilikçi Algoritma. Tüm Bölgeler Piyasanın Fiyat Hareketine Göre Dinamik Olarak Oluşturulmaktadır. İKİ TÜR UYARI --> 1) FİYAT BİR BÖLGEYE ÇIKTIĞINDA 2) YENİ BİR BÖLGE OLUŞTURDUĞUNDA Bir tane daha işe yaramaz gösterge almazsın. Kanıtlanmış Sonuçlarla eksiksiz bir Ticaret Stratejisi elde edersiniz.     Yeni özellikler:     Fiyat Arz/Talep Bölgesine ulaştığında uyarılar     Yeni bir Arz/Talep Bölgesi olu
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Filtrele:
Stanislav Melnikov
651
Stanislav Melnikov 2023.07.07 20:00 
 

A very good indicator, one of my best purchases on the market, support at a high level

elite luis
3331
elite luis 2023.04.12 14:07 
 

I've bought and tested so many band and channel indicator, I would have to say this is the BEST! have bought both MT4+MT5, Author is very passionate and constantly update improving now even better with arrow and 3x different alert on the trend change, band and center alert, very unique and innovative band from Author, Best Buy for 2023! Thanks so much Author for the Excellent Support and Communication with your customer, always improving and open minded to idea and suggestion, you rock! :) Super Cool Band indicator deserved more than 5 stars!

Vahidreza Heidar Gholami
3805
Geliştiriciden yanıt Vahidreza Heidar Gholami 2023.04.13 11:23
Thank you for choosing my products and taking the time to share your experience.
İncelemeye yanıt
Sürüm 1.9 2023.09.21
The STD channel algorithm has been improved.
Sürüm 1.8 2023.07.09
Bifurcation alerts has been added. By enabling this option in the settings, MetaBands will alert you when the trend line (blue line) leaves the channel bands.
Sürüm 1.7 2023.04.26
Matrix scaling updated
Sürüm 1.6 2023.04.17
A minor bug related to alerts has been fixed.
Sürüm 1.5 2023.04.13
Bug fixes and performance improvements
Sürüm 1.4 2022.06.08
The Signal Matrix is now scalable for big screens.
If you use system scaling for your screen, enter the scaling size in the MetaBands settings.
Sürüm 1.2 2022.06.06
Bug fixes and performance improvements