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RunwiseFX Multiple Indicator Matrix with Alert

5

The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up.

The product offers a great way to create an alert when multiple indicators are in agreement, whether they be standard indicators or custom indicators, including those purchased via Market.

Information on multiple symbols can be shown on the same chart by using multiple instances of the indicator, each configured with a different symbol and position.

The properties of the standard indicators can be changed via the indicator inputs and a wide variety custom indicators are supported. The standard indicators shown by default are: ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Any of these can be turned off.

Notes when using strategy tester: The test needs to be running at least market speed for the alert tick boxes to work. Alerts will appear in the Journal tab. Indicators on the weekly and monthly timeframes may not be calculated.


Inputs

  • Important_alertThresholdPercentage - Threshold at which alert will happen, e.g. if set to 75 would mean 75% of indicators would need to agree for alert on the timeframe.
  • Important_alertOnlyWhenAllSelectedMatch - If true, then will only alert if all the selected timeframes are in agreement.
  • Important_defaultAlerts - Set to 1 if alert should be on by default. Values are comma separated for each timeframe.
  • Important_periodsToShow - Periods (timeframes) to show. Values are comma separated.
  • Important_symbol - Symbol to show information for. If blank will be the symbol of the chart.
  • Main_alertAllResetLevel - How many periods need to have gone other way for alert to reset
  • Main_disableSpreadAskBid - If true then won't show spread/ask/bid
  • Main_distanceMethod - How to look back for indicators showing arrows/dots
  • Main_drawBackground - Set false to turn off background
  • Main_indiExamineCandles - (used for debugging)
  • Main_maxBarsToSearch - How far to search back for indicators showing arrows/dots
  • CustomN_indicatorName - Custom indicator name as appears in Indicators folder in your MetaTrader Data Folder
  • CustomN_indicatorDisplayAs - Indicator name to display as in the matrix. If left blank then will truncated CustomN_indicatorName.
  • CustomN_indicatorProperties - Indicator properties. Should be comma separated in the order they appear in the indicator. Boolean type inputs should be set as 0 or 1 and text inputs should be enclosed in double quotes. If left blank then the default indicator properties will be used.
  • CustomN_colorIndex - Color index of the indicator to show in matrix. Can be comma separated if buy and sell indexes need to be supplied.
  • CustomN_shift - Candle shift to use for indicator capture, where 0 is live candle and 1 is most recently closed candle
  • CustomN_midPoint - Mid point to be used if only one color index is supplied and gives the indicator value that represents the transition from buy to sell
  • CustomN_nullValue - Null value to be used to decide if the indicator value should be ignored / regarded as not present. AUTO is EMPTY_VALUE or 0
  • CustomN_captureMethod - Controls how the indicator value should be interpreted (see video for examples)
  • Show_* - Allows the standard indicators to be turned on/off, in terms of being in the matrix and contributing to the alert
  • Box_* - Allows the position of the matrix to be changed
  • Property_* - Allows the properties of the standard indicators to be changed, e.g. period of moving average
  • Gen_alert* - Allows the alert to be sent to mobile / email
  • (other properties) - These are cosmetic and shouldn't need to be changed
Note, further details for setting inputs can be found in the manual - a link to which is in the Comments tab.


Converting Into an EA to Trade Automatically

Our Ultimate Trade Manager can configured to trade the signals from the Matrix automatically. Contact us for details.

Reviews 7
rajivkaushik10
59
rajivkaushik10 2018.10.13 08:02 
 

Great Product, Great Team, Great Support and i think nothing else needed to buy this product.

Alexander Dubenskiy
1749
Alexander Dubenskiy 2017.07.25 06:37 
 

Indicator matrix as other 2 flagship Runwisefx offerings have very specific role.

As mentioned in combine and automator reviews Runwisefx is not the company which provides let say 100 100$ products with a superficial role and only minor difference in between the offerings.

My understanding Runwisefx have only 3 flagship products with clearly defined symbiotic roles between each other which grants the company ability to introduce substantial depth in enhancing functionality of aforementioned offerings as well as setting aside a healthy amount of time for support. From my perspective as a client it is most certainly a winning combination.

Enhancements and fixes never stops and for clients such as yours truly (occasional fx discretionary trading plus automation portfolio consisting of a dozen EAs off mt4 market and from outside, close to 400 magic numbers spread for the moment across 17 mt4 instances) a quick enhancement or a fix could be a huge performance savings and I'd say Runwisefx does fix things swiftly. ;)

Indicator matrix per se providing multi indicator and multi time frame resolution that will take only few inches off your monitor real estate and is a big help in discretionary trading in particularly along with combine.

Challenging to add something to what I've already stated in combine and automator reviews so will just mention that out of 7 or so dashboards circulating in mt4 market indicator matrix to my set of needs is the most potent dashboard by miles and symbiotic "sync" with combine and automator makes purchasing this one a no-brainer!

Runwisefx support is a top notch and I'm completely satisfied in this area!

If you do discretionary trading and would like to enhance your strategy with MTF capabilities as well as save on a monitor/chart real estate this indicator is for you!!

Best of luck to potential clients and big thanks to Runwisefx for a superb set of products! *-*

Alex.

Justin Alderson
387
Justin Alderson 2017.06.25 08:28 
 

I have bought numerous products off Mark & I would have to say they are all outstanding. But what exceeds what he has to offer is the after sales support. He is incredibly helpful with all the questions & change requests I have submitted. And is also prompt in responding to emails. There are a lot of people out there in the forex world selling snake oil in an attempt to make a buck, but this product & Mark is not one of them. If anything he over delivers!

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Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
IX Power MT4
Daniel Stein
4.67 (6)
IX Power finally brings the unbeatable precision of FX Power to all your trading symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can analyse everything your terminal has to offer. Try it out and experience how your timing improves significantly when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Investments
Advanced Supply Demand
Bernhard Schweigert
4.91 (295)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
PLEASE READ THE INFO DOWN BELOW BEFORE PURCHASING THE PRODUCT! Apollo Pips PLUS SP is a unique product!  IT IS FOR THOSE WHO WANT TO GET MY NEW "APOLLO PIPS" INDICATOR PLUS "SUPER PACK" BONUS WITH ACCESS TO ALL MY TRADING INDICATORS! By purchasing the Apollo Pips PLUS SP product you're actually purchasing an absolutely new version of my Apollo Pips indicator. This version of the indicator has got an improved algorithm and an easy to use parameter which gives you the opportunity to use the indica
Graf Mason
Alexandr Lapin
5 (5)
Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str
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Fully functional manual trade panel with lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), auto SL/TP and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts. Features Lot size calculation - based on % of account to risk, fixed amount or dynamic lots Automatic take profit based on risk reward ratio
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Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Trade Panel Pro by RunwiseFX
Runwise Limited
4.88 (32)
Fully functional manual trade panel with risk/reward, auto SL, lot size calculation, one-click trading, hidden (virtual) stop loss/take profit and pending orders, scale in and out of trades (partial close), news events and more. Works with all symbols not just currency pairs. Brings an incredible amount of functionality to MetaTrader for free and for both demo and live accounts. Features Lot size calculation - based on % of account to risk, fixed amount or dynamic lots Automatic take profit base
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Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
The first currency based indicator to draw a distinction between map and strength. The map shows the currencies in terms of oversold/overbought levels and gives the direction of travel. The currency strength calculates and shows the strength of that move. Alerts are included for changes in currency direction on the map (confirmed over two bars) and also when the strength reached the appropriate level.  The currency map is useful for finding currency pairs to trade and in which direction. Look fo
The first currency based indicator to draw a distinction between map and strength. The map shows the currencies in terms of oversold/overbought levels and gives the direction of travel. The currency strength calculates and shows the strength of that move. Alerts are included for changes in currency direction on the map (confirmed over two bars) and also when the strength reached the appropriate level.  The currency map is useful for finding currency pairs to trade and in which direction. Look fo
The indicator displays a matrix of indicators across multiple timeframes with a sum total and optional alert. Custom indicators can also be added to the matrix, in a highly configurable way. The alert threshold can be set to say what percentage of indicators need to be in agreement for an alert to happen. The alerts can turned on/off via on chart tick boxes and can be set to notify to mobile or sent to email, in addition to pop-up. The product offers a great way to create an alert when multiple
Description Shows Heikin-Ashi candles (often misspelled Heiken-Ashi) on the chart and can alert when candles change color. The alert is useful for both entry and exit. The number of candles of the new color before an alert is raised can be set. The alert can be controlled interactively, directly from the chart. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as price changes. Usage Heikin-Ashi candles give a much better insight to the underlying tre
Description The product draws lines on the chart to show daily support, resistance and pivot plus weekly and monthly pivot. An alert can be set when the price reaches one of the lines or the price closes above/below it. This can be useful for both entry and exit. The alerts can be controlled interactively directly from the chart. The product also includes bonus indicators of Average Daily Range (or Average True Range - configurable), current spread and ask/bid prices in large text, color coded
Description Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great entry point. The alert is controllable directly from the chart, with an on-chart tick box to enable the alert. Also includes bonus indicators of current spread and ask/bid prices in large text, color coded as
Provides the simplicity of binary options but addresses the shortcomings of regular binary options, namely: Poor risk reward ratio, fixed duration trades, poor broker choice, poor indicators/alerts, no hidden (stealth) stop loss/take profit, etc. Features 1 to 1 risk reward ratio, calculated automatically (configurable) Manual (with alert) or automatic trade entry (on alert conditions) Lot size calculation (money management) - based on % of account to risk or fixed amount Compact interactive o
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
The indicator displays trend strength, including showing the transition from buy to sell and visa versa. It is ideal for trend following strategies and also highlights possible reversals/flattening trend with a yellow X on the indicator window. By default, the indicator does not repaint/flicker, however, there is an option to calculate on the live candle but even then the indicator will not repaint unduly. The indicator can also be used for exit. Usage Enter long/buy trade when the indicator t
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Shows whether market is trending or not, to what extent, which direction, and if the trend is increasing. The indicator is very useful for trend following strategies, where it can filter out flat/choppy markets. The indicator can also alert when the market transitions from being flat to trending, which can serve as a great trade entry point. The alert is controllable directly from the chart, via a tick box. Also, the product includes bonus indicators of the current spread and ask/bid prices in l
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
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rajivkaushik10
59
rajivkaushik10 2018.10.13 08:02 
 

Great Product, Great Team, Great Support and i think nothing else needed to buy this product.

Memon
1955
Memon 2018.04.10 13:55 
 

User didn't leave any comment to the rating

Alexander Dubenskiy
1749
Alexander Dubenskiy 2017.07.25 06:37 
 

Indicator matrix as other 2 flagship Runwisefx offerings have very specific role.

As mentioned in combine and automator reviews Runwisefx is not the company which provides let say 100 100$ products with a superficial role and only minor difference in between the offerings.

My understanding Runwisefx have only 3 flagship products with clearly defined symbiotic roles between each other which grants the company ability to introduce substantial depth in enhancing functionality of aforementioned offerings as well as setting aside a healthy amount of time for support. From my perspective as a client it is most certainly a winning combination.

Enhancements and fixes never stops and for clients such as yours truly (occasional fx discretionary trading plus automation portfolio consisting of a dozen EAs off mt4 market and from outside, close to 400 magic numbers spread for the moment across 17 mt4 instances) a quick enhancement or a fix could be a huge performance savings and I'd say Runwisefx does fix things swiftly. ;)

Indicator matrix per se providing multi indicator and multi time frame resolution that will take only few inches off your monitor real estate and is a big help in discretionary trading in particularly along with combine.

Challenging to add something to what I've already stated in combine and automator reviews so will just mention that out of 7 or so dashboards circulating in mt4 market indicator matrix to my set of needs is the most potent dashboard by miles and symbiotic "sync" with combine and automator makes purchasing this one a no-brainer!

Runwisefx support is a top notch and I'm completely satisfied in this area!

If you do discretionary trading and would like to enhance your strategy with MTF capabilities as well as save on a monitor/chart real estate this indicator is for you!!

Best of luck to potential clients and big thanks to Runwisefx for a superb set of products! *-*

Alex.

Justin Alderson
387
Justin Alderson 2017.06.25 08:28 
 

I have bought numerous products off Mark & I would have to say they are all outstanding. But what exceeds what he has to offer is the after sales support. He is incredibly helpful with all the questions & change requests I have submitted. And is also prompt in responding to emails. There are a lot of people out there in the forex world selling snake oil in an attempt to make a buck, but this product & Mark is not one of them. If anything he over delivers!

Peter
1093
Peter 2017.05.10 20:17 
 

Fantastic product like the rest! Thank you RunwiseFX for fantastic support :)

dexsamindia
84
dexsamindia 2017.02.25 14:23 
 

This stuff is very great tool! I regret having bought other tools from other sellers before this purchase!

fabbry72
1350
fabbry72 2016.06.01 02:06 
 

User didn't leave any comment to the rating

Reply to review
Version 4.4 2023.09.21
- Fixed issue where WPR always showing as sell
Version 3.9 2021.05.25
- Added support for setting inputs to BB Trend Flat indicator
Version 3.8 2021.05.15
- Added support for setting inputs for more indicators that contain strings
Version 3.5 2020.01.19
- Added support for candle closing beyond cloud/band of an indicator, such as Ichimoku, where color indexes giving that band can cross over
Version 3.4 2019.07.24
- Fixed issue with repeated alerts when set to alert when all selected periods are in agreement. This fix will only reset for a new alert on a new candle on the chart period that the Matrix is running on.
Version 3.3 2019.05.29
- Expanded number of custom indicators that can be added to 10

- Added support for setting inputs to Tipu RSI indicator
Version 3.2 2019.03.15
- Fixed issue where Important_symbol input wasn't working
Version 3.1 2019.03.14
- Fixed issue capture method 'increasing/decreasing' with old set files from prior V3, where wouldn't work unless 'custom mid point' input was set to blank instead of 0. With this version 0 will work also.

- Note, since V3 inputs that began with Show_ where rename Include_ to match our Dashboard Pro product
Version 2.9 2018.09.25
- Fixed issue where alert could only happen if all indicators had previously gone other way
Version 2.8 2018.06.21
- Improved compatibility with indicators that require price to cross their value for a trade signal
Version 2.7 2018.03.27
- Improved support for custom indicators PipFinite Energy Beam, Reversal and Cluster Helix
Version 2.6 2017.09.28
- Fixed mistake in recent update where alerts still could not be turned off with PipFinite Breakout Analyzer
Version 2.5 2017.09.21
- Improved support for custom indicators PipFinite Breakout Analyzer, Strength Meter, Swing Control - so that don't get unnecessary alerts
Version 2.4 2017.07.26
- when input Customn_captureMethod is set to 'Distance To Not Null' then this release will use less processor resources as it is more efficient, so can handle indicators that use a lot of processor resources

- fixed issue with matrix appearing corrupt/hard to read if alter number of indicators in matrix
Version 2.3 2017.07.05
- Added support for reversal type indicators/strategies

- Different moving average methods can now be specified for fast and slow cross
Version 2.2 2017.06.22
- Fixed Bollinger Band deviation property so a double rather integer

- Added support for mid point only showing buy if greater than given value and sell if less than another
Version 2.0 2017.05.19
- Added support for overbought / oversold (reversal) with Stochastic and/or Bollinger Bands
Version 1.8 2016.12.06
- Added more compatibility with custom indicators

- Added ability to alert only when all selected periods are in agreement

Version 1.7 2016.08.24
- Fixed issue where same shift was being applied to both fast and slow moving averages for moving average cross, where needs to separate.
Version 1.6 2016.08.19
- Added ability to set shift for moving average based values. See new inputs Property_MAXshift and Property_MAshift.
Version 1.5 2016.07.14
- Fixed compatibility issue with 'PipFinite Breakout Analyzer' indicator

- Added support for four color indexes to be supplied, first two of buy and next two for sell

- Added print to Experts log of custom indicator values for multiple shifts and indexes, to aid configuration
Version 1.4 2016.07.04
- Added EA input Main_disableSpreadAskBid that allows the indicator to display the current spread and ask/bid prices in big text, if set to false

- Modified handling of EA inputs Custom*_nullValue so 'EV' can be supplied which stands for EMPTY_VALUE, which some indicators require instead of 'AUTO'
Version 1.3 2016.06.17
- Fixed bug when using calculation method increasing/decreasing
Version 1.2 2016.06.06
- Added current market price to alert text

- Added objects that can be used by an EA to get values from the matrix. See the manual for more details.