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Trend Monitor MT5

4.5

The indicator generates early signals basing on ADX reading data combined with elements of price patterns.

Works on all symbols and timeframes.

The indicator does not redraw its signals. You see the same things on history and in real time.

For better visual perception signals are displayed as arrows (in order not to overload the chart).


Features

  1. The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator generates signals of entry in trend direction determined on M30.
  2. It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat.
  3. Easy to use. Filter configuration only requires selection of sensitivity in the "Sensitivity of the indicator" input.
  4. The signal is given not only when the bar is closed (formed signal), but also on the current bar which is not closed yet (probable signal).
  5. The indicator sends emails and push notifications to mobile devices.

You can test the functionality of the program by downloading the test version from the Comments tab


Parameters

----- Parameters ----- (The basic indicator parameters)

  • Sensitivity of the indicator. Can have the following values:
    • High sensitivity (more signals) - good for higher timeframes (H4, D1 and higher).
    • Medium sensitivity (optimal signals) - best parameters for M5-H1.
    • Low sensitivity (accurate signals) - for M1, M5.
  • Enable the possible signal (on the current bar) - enable/disable signal on the current incomplete bar (probability signal).
  • Use signal filter by Moving Average - filter signals using the Moving Average (Disable - no filter, Enable - use filter, Enable and Show filter - use filter and display the MA).
  • Period of Moving Average - the period of the Moving Average used as a filter.
  • The averaging Method - the averaging method of the Moving Average used as a filter.

----- Direction of the trend (an arrow in upper right corner) ----- (Color settings of trend direction)

  • ON/OFF-Draw the arrow of the trend - show/hide a trend arrow in the upper right corner.
  • Color of Up-trend - the color of the signal arrow for the bullish trend.
  • Color of Down-trend - the color of the signal arrow for the bearish trend.

----- Messages/Sounds ----- (Notifications and sound settings)

  • ON/OFF - Sound when the signal - enable/disable sound alert
  • File name of sound (signal is already generated) - name of the sound file played on already formed signal (close bar)
  • File name of sound (possible signal) - name of the sound file played on probable signal (current bar)
  • ON/OFF - Alert - enable/disable in the terminal when signals emerge.
  • ON/OFF - Mail - sending emails.
  • ON/OFF - Push - sending push notifications to mobile devices.

----- Misc ----- (Other settings)

  • Language – language of messages (English or Russian).
You can test the indicator's demo version here
Reviews 3
Detleff Böhmer
2719
Detleff Böhmer 2020.04.18 17:36 
 

Ich finde ,die besten Signale kommen im H4 und D1, den Moving Average (drunter/drüber) beachten. Man kann mit dem Indikator gut und lange handeln.

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The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the cu
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Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis
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tylertrahan
34
tylertrahan 2023.04.06 19:52 
 

User didn't leave any comment to the rating

Detleff Böhmer
2719
Detleff Böhmer 2020.04.18 17:36 
 

Ich finde ,die besten Signale kommen im H4 und D1, den Moving Average (drunter/drüber) beachten. Man kann mit dem Indikator gut und lange handeln.

Azad Amanuel Gorgis Gorgis
1934
Azad Amanuel Gorgis Gorgis 2019.09.10 12:49 
 

its very good, but the next candle show the signal and you can't trad on the previous candle, also for robot trading or auto trading it not gonna work butt you can make it for the next bar for 3-4 mins of trading it good near 60-65 % win rate , can you make it show the arrow before end the candle or get the signal at the bar itself before goes to next candle or bar, will be best , I already Bought it , thanks if do that chaange&gt;&gt;??

msc0015
299
msc0015 2017.03.01 17:41 
 

User didn't leave any comment to the rating

Reply to review
Version 1.52 2021.11.17
Updated to the new terminal build
Version 1.51 2017.03.29
Updated to the new terminal build
Version 1.5 2016.03.30
1. Fixed the 'out of range' error, which could occur during terminal load or data break.
2. The list of indicator inputs has changed.
Version 1.4 2015.11.03
1. Added a Moving Average based filter.
Indicator parameters responsible for filtering:
"Use signal filter by Moving Average" - enable filtering of signals (possible values: "Disable filter" - no filter is used; "Enable filter" - signals are filtered using MA; "Enable and Show filter" - signals are filtered using MA and shown on the chart).
"Period of Moving Average" - indicator parameter.
"The averaging Method" - indicator parameter.

2. In the signal filtering mode, the direction of allowed signals is shown as an arrow in the upper right corner.
Signal direction display options:
"ON/OFF - Draw the arrow of the trend" – show/hide
"Color of Up-trend" – the color of the arrow if the price is above MA
"Color of Down-trend" – arrow color if the price is below MA

3. New parameter "Enable the possible signal (on the current bar)", to disable the potential (probable) signal on the current incomplete bar. In this mode the indicator only alerts of signals generated on a completed bar.