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Chart Trend Checker with Moving Averages MT5

5
This MT5 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments:
  • 1 customizable multi-period moving average
  • Optional Heikin-Ashi candles
  • 3 switchable focus modes
  • Distinct colors for easy analysis

Link to MT4 version: https://www.mql5.com/en/market/product/106708/


This indicator shows your preferred moving average from multiple time frames in one chart. They include the MA from the current chart's time frame, the MAs from two time frames above it, and the MA from one time frame below it. For example, if the chart is on the 1 Hour time frame, the displayed MAs will be the 15 minute MA, the 4 Hour MA, and the Daily MA.


The indicator's focus modes can be useful for checking trends and confirming the market bias. They include:

  • A simple mode that replaces the chart's candles or bars with a 1-period SMA of the closing price
  • An intermediate mode that replaces the 1 SMA with Heikin-Ashi candles
  • The full view mode that shows both the 1 SMA and the Heikin-Ashi candles

These modes can be easily accessed via the keyboard: press 'Q' to show the 1 SMA, 'S' for the Heikin-Ashi candles, and 'E' for the full mode. You can exit the trend checker mode by pressing the key for the mode the chart is currently in (e.g. 'E' if the chart is in full view mode) or pressing the 'Esc' key.

Reviews 3
Detleff Böhmer
2739
Detleff Böhmer 2023.10.13 09:52 
 

Bin sehr zufrieden, gut gemacht, die Signale sind zuverlässig. Danke!!

Findolin
1085
Findolin 2023.10.11 17:12 
 

Excellent idea! Simple and awesome to the same time. Thank you very much.

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The Berma Bands (BBs) indicator is a valuable tool for traders seeking to identify and capitalize on market trends. By analyzing the relationship between the price and the BBs, traders can discern whether a market is in a trending or ranging phase. Berma Bands are composed of three distinct lines: the Upper Berma Band, the Middle Berma Band, and the Lower Berma Band. These lines are plotted around the price, creating a visual representation of the price movement relative to the overall trend.
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This MT4 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments: 1 customizable multi-period moving average Optional Heikin-Ashi candles 3 switchable focus modes Distinct colors for easy analysis Link to MT5 version: https://www.mql5.com/en/market/product/106707/ This indicator shows your preferred moving average from multiple time fr
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GAMMA Trade Manager MT4
Patrick Murage Gichuki
GAMMA is a fully featured trade manager and account monitoring assistant that offers a variety of trade and account monitoring and mechanization functionalities vital to a trader’s toolkit. This assistant takes on all the mechanical parts of trading, freeing up more time for you focus on other activities that promote your personal and financial well-being. The trading functions GAMMA helps you to automate include: equity monitoring and preservation stop loss and take profit placement breakeve
GAMMA Trade Manager MT5
Patrick Murage Gichuki
GAMMA is a fully featured trade manager and account monitoring assistant that offers a variety of trade and account monitoring and mechanization functionalities vital to a trader’s toolkit. This assistant takes on all the mechanical parts of trading, freeing up more time for you focus on other activities that promote your personal and financial well-being. The trading functions GAMMA helps you to automate include: equity monitoring and preservation stop loss and take profit placement breakeve
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Detleff Böhmer
2739
Detleff Böhmer 2023.10.13 09:52 
 

Bin sehr zufrieden, gut gemacht, die Signale sind zuverlässig. Danke!!

Patrick Murage Gichuki
1314
Reply from developer Patrick Murage Gichuki 2023.10.14 17:22
Gern geschehen, alles Gute.
Evgeny Belyaev
89210
Evgeny Belyaev 2023.10.12 20:01 
 

User didn't leave any comment to the rating

Patrick Murage Gichuki
1314
Reply from developer Patrick Murage Gichuki 2023.10.14 17:15
Thanks.
Findolin
1085
Findolin 2023.10.11 17:12 
 

Excellent idea! Simple and awesome to the same time. Thank you very much.

Patrick Murage Gichuki
1314
Reply from developer Patrick Murage Gichuki 2023.10.11 21:06
Thank you for the feedback, I am happy you found it useful.
Reply to review
Version 1.2 2023.10.11
Resource usage optimizations