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Multi Trend Buy Sell Signal

 

Multi Trend Buy Sell Signal WITH TREND DASHBOARD


  • The indicator Generates Entry Signals WITH ALERTS based on the combination of Multi Time Frame conditions of 1 set of moving average and 2 sets of MACD.
  • The importance of the 2 sets of MACD is for using it as a confirmation filter so that the trades generated are those with stronger movement. 
  • For example, if in a sideways market the MACD of M5 charts is showing a downtrend but the higher time frame of the M 15 charts is indicating an uptrend, then the entry signal will not get generated.
  • In the same way, the MOVING AVERAGE FILTER on a M5 chart can be set for the higher time frame so that it acts as a more robust filter.
  • For example – if the trader is watching the M5 charts, the MA FILTER can be set to work of M15 or any higher time frame. This way the price needs to be in an uptrend on both M5 AND M15 time frame, and only then will a buy signal be generated.
  • The system will only generate a BUY signal if the MA FILTER of the Higher Time Frame selected and the 2 sets of MACD of the Higher Time Frame are both in an uptrend.
  • The combination of the 3 criteria would be a confirmed trade. Therefore many false signals on the lower time frames can be avoided.
  • The entry would be shown on charts, by way of ARROW signal. 
  • The multiple targets and stop loss levels are well displayed on the charts for convenience.
 
Parameters
Indicator1 = "=========MML===========";-This is setting for the Moving average 



MML=true; - select “true “to have the MA as a filter and “false” if not required. Recommended to “true”
FirstTimeFrame = M15; - this can be selected from a drop down as listed below. It is Recommended to select a slightly higher time frame for causing less fluctuations and whipsaws.
M1
M5
M15
M30
H1
H4
D1
W1
M1
Current 
 
MA_Period=13;- can select the period of the moving average , the more volatile the movement, select a higher value or period
MA_Shift=0;
MA_Method=0; - selection of Simple(0),Exponential(1), Smooth(2) and Lineal weighted(3)


Indicator2 = "=========MMMM1==========="; - This is the settings section of the 1st MACD 
 
MMMM1=true; - select “true” for activating the 1st MACD
FirstTimeFrame = M15; - this can be selected from a drop-down as listed below. It is recommended to select a slightly higher time frame for causing fewer fluctuations and whipsaws.
M1
M5
M15
M30
H1
H4
D1
W1
M1
Current 
MMMM1_FastEMA=12; - these are the standard settings of MACD , which can be set by the trader 
MMMM1_SlowEMA=26; - these are the standard settings of MACD , which can be set by the trader 
MMMM1_Signal=9; - these are the standard settings of MACD , which can be set by the trader 
MMMM1_AppliedPrice=0; - the moving average applied settings-Close(0),high,low,close,median,typical,weighted close )
MMMM1_Shift=0; - NA
Indicator3 = "=========MMMM2===========";-This is the settings section of the 2ND MACD 
MMMM2=true; - this is to select the 2nd MACD filter On or OFF – true or false 
FirstTimeFrame = M5; - this can be selected from a drop down as listed below. It is recommended to select a slightly higher time frame for causing less fluctuations and whipsaws.
M1
M5
M15
M30
H1
H4
D1
W1
M1
Current
MMMM2_FastEMA=12; - these are the standard settings of MACD, which can be set by the trader 
MMMM2_SlowEMA=26; - these are the standard settings of MACD, which can be set by the trader 
MMMM2_Signal=9; - these are the standard settings of MACD, which can be set by the trader 
MMMM2_AppliedPrice=0; - the moving average applied settings-Close(0),high,low,close,median,typical,weighted close )
MMMM2_Shift=0;-NA
Bbarish_Exit = false;- applicable for exit but coming in next version
Bbarish_Exit_Parameters = "Bbarish Exit Parameters";- applicable for exit but coming in next version
BB_period_Exit=8;- applicable for exit but coming in next version
CountBars_Exit=3000;- applicable for exit but coming in next version
DashboardOn = true;- this is to display the complete dashboard on charts.
LinesOnCharts = true;- this is to display all the multiple targets and stop loss levels on charts
LinesLength = 50;- this the custom setting for the length of the targets and stop loss on charts 
PivotsOn =false; - NA 
 

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Connect Indicator is a tool used for connecting indicators between the MQL market and MT4. The connected indicators are made by our group and can be used for other applications, such as sending messages to the Line application or Telegram application. If you have any questions, please don't hesitate to ask us to receive support. Function and indicator buffer Buffer one is the high price of the previous candle. Buffer two is the high price of the previous candle. Usage To connect indicators to fu
This indicator I use with RENKO and RangeBar candle Discover the Secret to Successful Forex Trading with Our Custom MT4 Indicator! Have you ever wondered how to achieve success in the Forex market, consistently earning profits while minimizing risk? Here is the answer you've been searching for! Allow us to introduce our proprietary MT4 indicator that will revolutionize your approach to trading. Unique Versatility Our indicator is specially designed for users who prefer Renko and Rangebar candle
Entry Points Pro
Yury Orlov
4.7 (226)
Top indicator for MT4 providing accurate signals to enter a trade without repainting! Watch  the video  (6:22) with an example of processing only one signal that paid off the indicator! It can be applied to any financial assets:  forex, cryptocurrencies, metals, stocks, indices.  MT5 version is here   It will provide pretty accurate trading signals and tell you when it's best to open a trade and close it. Most traders improve their trading results during the first trading week with the help of t
Sense
Ivan Stefanov
SENSE is an automated fusion of selected GANN methods combined with fractal calculations. The system tells us where to open and close our trades. No more wasting time on complex calculations— SENSE does it all for you. Just insert the indicator. Key Principles: Market is bullish when price is above the white lines - Buy above the white lines, stop below - Green lines are bullish targets Market is bearish when price is below the white lines - Sell below the white lines, stop above - Red
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