SC MTF Momentum for MT5 with alert
- Indicators
- Krisztian Kenedi
- Version: 4.3
- Updated: 30 October 2024
Highly configurable Momentum indicator.
Parameters:
Features:
Features:
- Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup)
- Multi timeframe ability
- Color customization (at levels, crosses, direction changes)
- Linear interpolation and histogram mode options
- Works on strategy tester in multi timeframe mode (at weekend without ticks also)
- Adjustable Levels
Parameters:
- Momentum Timeframe: You can set the lower/higher timeframes for Momentum.
- Momentum Bar Shift: You can set the offset of the line drawing
- Momentum Period, Momentum Applied Price: Momentum parameters.
- Stepless (Linear Interpolation): Turn on/off the linear interpolation (with multi timeframe mode on lower timeframe).
- Show Level: Turn on/off the level showing.
- Adjust a Level of Momentum: Adjust a Momentum level.
- Enable or Disable All Alert Functions: Turn on/off all alert functions.
- Alert if... : You can enable/disable various alert events (for crosses, direction changes at after candle closed/before candle closes).
- A Short Message for You to Identity This Indicator Instance: Specify a short message for you to identity which indicator alerted.
- Alert with Email: Switchable alert mode.
- Alert with Push Notification: Switchable alert mode.
- Alert with Popup Window: Switchable alert mode.
- Alert with Sound: Switchable alert mode.
- Choose Sound File for Sound Alert: Select sound file for sound alert.
- Color Mode: Switchable color mode (Simple Color, Cross, Cross After Closed, Cross On Selected Timeframe, Cross After Closed on Selected Timeframe, Only direction, Direction with levels, Only Levels)
- Draw Momentum Line in Histogram Mode: Draws Momentum Line with line or histogram mode.
- Color 1 of Momentum Line, Color 2 of Momentum Line, Color 3 of Momentum Line, Color 4 of Momentum Line: Set colors.
- Width of Momentum Line: Style setting.
- Style of Momentum Line: Style setting.
Adding this to my collection as a substitution for stock MT5 Momentum indicator. Comes with all alert types and customized colors based on level and directions. Wish Krisztian keep developing and optimizing for speed, at least monitoring it, for sometimes MT5 requires an indicator to be recompiled. Thumbs up!