Market / MetaTrader 4 / Indicators /

Extender

100 USD

Demo downloaded: 43

Published: 12 August 2015

Current version: 1.3

Extender

Indicators
Petr Plechac
Version: 1.3
Updated: 22 November 2021
Activations: 5

Extender represents a multifunctional indicator which can be used for own investing strategy or can be easily adopted as a part your own investing strategy. After installation as a secondary indicator you can see a multiframe visualization of selected timeframes of analyzed underlying asset. The multiframe visualization has a few modifications which can be selected in section Indicator Setup.

Input parameters

Indicator setup

Timeframes – definition of selected timeframes for visualization, e.g. M5, M15,H1
CustomPair – selected underlying asset (pair, stock, index), e.g. GBPUSD
Pair – there are two selections custom pair or current pair
Custom Pair – you can see multiframe visualization on defined underlying asset in secondary part of graph. Primary part of graph can be used for analyzation of different underlying asset, e.g. primary graph shows GBPUSD and secondary graph show multiframe visualization of EURUSD.
Current Pair – you can see multiframe visualization automatically on current selected underlying asset defined underlying asset in secondary part of graph. Primary part of graph can be used for analyzation of different underlying asset, e.g. primary graph shows GBPUSD and secondary graph show multiframe visualization of GBPUSD.
Charts – you can select the number of displayed graphs from 1 to 5.

Bunny Girl Extender

Multiframe visualization of 3 selected Moving Averages (MA) especially suitable for the strategies based on MA monitoring like Bunny Girl strategy.

UseMovingAverages – activation/deactivation of MA visualization
FastMA, SlowMA, UslowMA – variable period for MA
MA_Method – select the mode of averaging, e.g. simple, exponential, weighted
Applied_Price- select the mode for price calculation, e.g. open Price, close Price

Pivot Point Extender

Pivot Point visualization for a unique opportunity to trace the actual support and resistence on multiframe visualization. You can clearly seen at the same time short time or/and long time investment opportunities.

UsePivotPoint – activation/deactivation of pivot point visualization
MaxBarsPivot – pivot point visualization adjustment

Heiken-Ashi Extender

UseHeikenAshiChart – activation/deactivation of Heiken-Ashi multiframe visualization

Extra

ShowOHLC – current parameters of open, high, low and close of candles on each selected timeframe
ShowSPREAD – actual spread between buy and sell price on each selected timeframe

more...

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Version 1.3 2021.11.22

New version 2021

Version 1.2 2016.11.02

We added description warnings about the risks into the tool.