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MultiSymbol Triple Screen Trading System MT5

4

Purpose

The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy.

It works with any symbols located in the Market Watch window of the MT5: currencies, metals, indexes, etc.

The number of instruments can be limited by capacity of the МТ5's parameters. But if desired, you can create several windows with various set of instruments and parameters.


Operation Principle

The indicator uses the modified Triple Screen Strategy for determining trend direction in the third window via Awesome Oscillator, Moving Average or Stochastic Oscillator at the trader's discretion. The oversold/overbought level is determined in the second window via Stochastic indicator. We also use Stochastic indicator in the first window, but this time we are determining the best market entry point. As a result, we obviate the necessity to move pending orders according to the market (what the classical system requires) and can enter the market at once.


Target Audience

The indicator will be useful for those who prefer multi-currency trading.

If you use the Triple Screen Strategy, you have to analyze three time periods for each instrument. You need a lot of time to work with a large number of symbols. We created this indicator to facilitate this work. It independently analyzes all chosen instruments by three time periods. When it finds the required combination of parameters' values, it notifies a trader about a possibility to perform a trade.

The trader only needs to specify parameters which will be used by the indicator to check the possibility to perform the trade with given instruments.


Features

The indicator informs the trader about the possibility to perform the trade by means of a message popping up on the screen, sending message to an e-mail or a mobile terminal, or just by a sound notification.

The indicator works with current prices (uses the zero bar).

To reduce the CPU load, it is possible to customize the period for redrawing the indicator values.


Input parameters

  • Indicator_Position
    • myPosition - indicator location in the main window of the chart 
  • Visible_Symbols
    • Symbols - enter the instruments for tracking (separated by commas, without spaces)
  • Third_screen_Settings
    • ThTrendAO - trend direction based on the Awesome Oscillator indicator on the third screen (ON/OFF)
    • ThTrendMA - trend direction based on the Moving Average indicator on the third screen (ON/OFF)
    • ThCrossMA - price above/below the Moving Average indicator line on the third screen (ON/OFF)
    • ThTrendSt - trend direction based on the Stochastic Oscillator indicator on the third screen (ON/OFF)
    • ThCrossStLev - the main value of Stochastic Oscillator above/below the oversold/overbought level on the third screen (ON/OFF)
    • ThTF - timeframe of the third screen 
  • Second_screen_Settings
    • SeTrendSt - trend direction based on the Stochastic Oscillator indicator on the second screen (ON/OFF)
    • SeCrossStSig - intersection of the signal line by the main line of the Stochastic Oscillator on the second screen (ON/OFF)
    • SeCrossStLev - the main value of Stochastic Oscillator above/below the oversold/overbought level on the second screen (ON/OFF)
    • SeTF - timeframe of the second screen 
  • First_screen_Settings
    • FiTrendSt - trend direction based on the Stochastic Oscillator indicator on the first screen (ON/OFF)
    • FiCrossStSig - intersection of the signal line by the main line of the Stochastic Oscillator on the first screen (ON/OFF)
    • FiCrossStLev - the main value of Stochastic Oscillator above/below the oversold/overbought level on the first screen (ON/OFF)
    • FiTF - timeframe of the first screen 
  • Color_scheme
    • ClrTips - color for labels and the indicator grid
    • ClrText - color to indicate the instruments and periods
    • ClrUp - color for the bullish trend signals
    • ClrDown - color for the bearish trend signals
    • ClrNt - color for the neutral signals
    • ClrOff - color for the disabled signals

Display

  • green - buy signal;
  • red - sell signal;
  • orange - neutral signal;
  • gray - parameter is disabled.


How to use

Screenshots below indicate an example of trading using this indicator.

The indicator was developed for the contest of traders using manual trading based on the Triple Screen Strategy.


Bewertungen 1
Devonish
3048
Devonish 2020.05.12 15:32 
 

I've owned this for some time and don't understand why it hasn't had a positive review.

It does what is says and I find it useful for analysis.

As a trading system it doesn't offer up many opportunities, but I think its up to the individual to decide how to use the data.

I've deducted one star (4/5) as its pricey and seems prone to lock up my system (suggesting it demands a lot of resources).

I use it for analysis, then screen shot the result and close it down.

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Dieses Dashboard entdeckt und zeigt die   Angebots- und Nachfragezonen   auf dem Chart an, sowohl im Scalping- als auch im Long-Term-Modus, je nach Ihrer Handelsstrategie für die ausgewählten Symbole. Darüber hinaus hilft Ihnen der Scanner-Modus des Dashboards, alle gewünschten Symbole auf einen Blick zu überprüfen und keine geeigneten Positionen zu verpassen /   MT4-Version Kostenloser Indikator:   Basic Supply Demand Merkmale Ermöglicht Ihnen die Anzeige von Handelsmöglichkeiten für   mehre
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Harmonic Patterns Osw MT5
William Oswaldo Mayorga Urduy
HARMONISCHE MUSTER OSW MT5 Dieser Indikator ist dafür verantwortlich, die harmonischen Muster zu erkennen, damit Sie sie bearbeiten können, und gibt Ihnen ein Signal, damit Sie eine manuelle Analyse hinzufügen können, ob Sie die Bestellung annehmen oder nicht. Zu den harmonischen Mustern, die der Indikator erkennt, gehören: >gartley >Fledermaus >Schmetterling >Krabbe >Hai Zu den Funktionen, die Sie finden können, gehören: >Generieren Sie Benachrichtigungen per E-Mail, Mobilger
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Swing Trading ist der erste Indikator, der Schwankungen in Trendrichtung und mögliche Umkehrschwankungen erkennt. Es wird der in der Handelsliteratur weit verbreitete Baseline-Swing-Trading-Ansatz verwendet. Der Indikator untersucht mehrere Preis- und Zeitvektoren, um die aggregierte Trendrichtung zu verfolgen und erkennt Situationen, in denen der Markt überverkauft oder überkauft ist und zur Korrektur bereit ist. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte
Der Forex TPA Indikator deckt die wahren Aktionen der Marktmacher auf, immer dann wenn sie passieren. "Kämpfe nicht gegen die Marktmacher an, sondern folge ihnen", ist wohl der beste Rat, den ein Trader bekommen kann. Der TPA Indikator zeigt jedesmal seine Signale an wenn die Bullen definitiv stärker sind als die Bären und umgekehrt. Dieser Indikator wurde VON Tradern FÜR Trader gemacht und ist 100% NICHT NACHZEICHNEND! Signale werden STRENG am Schluss einer Kerze  generiert. Das sagen unsere Ku
AT Forex Indicator MT5
Marzena Maria Szmit
5 (5)
The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
PipFinite Volume Critical MT5
Karlo Wilson Vendiola
5 (2)
Volume Gives Depth To Price Action! Volume Critical can accurately locate the cheapest areas to place trades. Enter reversals as early as possible to get the best Risk Reward setups! Features Aggressive algorithm that anticipates reversals Volume Classifications Gray Histograms - Normal Volume, average market activity Orange Histogram - Trending Volume, increased market activity Pink Histograms - Overbought Volume, we can wait for further confirmation to sell Blue Histograms - Oversold Condit
Volume by Price MT5
Brian Collard
3.25 (4)
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, positio
Präsentieren wir den Gold Blitz Scalping Indikator, das ultimative Werkzeug für das Scalping von Gold auf den Zeitrahmen M1, M5 und M15. Entwickelt mit fortschrittlichen AI-Neuronalen Netzwerken, garantiert dieser Nicht-Repaint-Indikator konsistente Rentabilität und überlegene Handelsergebnisse. Der Gold Blitz Scalping Indikator ist für Präzision und Effizienz optimiert und liefert die besten Ergebnisse auf dem M15-Zeitrahmen. Hauptmerkmale: Fortschrittliche AI-Neuronale Netzwerke: Nutzen Sie
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
KT Bollinger Shots MT5
KEENBASE SOFTWARE SOLUTIONS
KT Bollinger Shots works using a striking blend of the slingshot pattern and the mean-reversion phenomenon applied to financial markets. In addition, a mathematical algorithm is used with variable deviation to fine-tune the indicator's signals on a different level. Winning Trade: After a signal, if price touches the middle band in profit, it is considered a winner. Losing Trade: After a signal, if price touches the opposite band or touches the middle band in loss, it is considered a loser.
Ultimate Supply Demand MT5
Ramon Sobrevals Arce
5 (4)
After working during many months, with the help of Neural Networks, we have perfected the ultimate tool you are going to need for identifying key price levels (Supports and Resistances) and Supply and Demand zones. Perfectly suitable to trigger your trades, set up your future actions, decide your Take Profit and Stop Loss levels, and confirm the market direction. Price will always move between those levels, bouncing or breaking; from one zone to another, all the remaining movements are just mark
No Demand No Supply MT5
Trade The Volume Waves Single Member P.C.
No Demand No Supply   This indicator identifies   No Demand –No Supply candles to your chart and plots volume bars colored according to the signal. It can be applied to all timeframes or to a specific one only. It can also be used as regular volume indicator  with exceptional future of WEIGHTED VOLUME. Furthermore is has an alert notification, sound and email when a signals occurs. The indicator does not repaint but the alert will come on two candles back due to the definition of No Demand No Su
Advanced Supply Demand MT5
Bernhard Schweigert
4.5 (14)
Derzeit 33% Rabatt! Die beste Lösung für jeden Anfänger oder erfahrenen Händler! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Trading-Tool, da wir eine Reihe von proprietären Funktionen und eine neue Formel integriert haben. Mit diesem Update werden Sie in der Lage sein, doppelte Zeitrahmenzonen anzuzeigen. Sie können nicht nur einen höheren TF (Zeitrahmen) anzeigen, sondern sowohl den Chart-TF als auch den höheren TF: SHOWING NESTED ZONES. Alle Supply Dema
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Auswahl:
Devonish
3048
Devonish 2020.05.12 15:32 
 

I've owned this for some time and don't understand why it hasn't had a positive review.

It does what is says and I find it useful for analysis.

As a trading system it doesn't offer up many opportunities, but I think its up to the individual to decide how to use the data.

I've deducted one star (4/5) as its pricey and seems prone to lock up my system (suggesting it demands a lot of resources).

I use it for analysis, then screen shot the result and close it down.

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