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Sevens Heavens Multicurrency Indicator for MT5

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Published: 13 December 2021

Current version: 1.20

Sevens Heavens Multicurrency Indicator for MT5

Name: Sevens Heavens Multicurrency Indicator for MT5
Rating: 5 (1 reviews)
Author: Zakaria Rachid

Indicators
Zakaria Rachid
Version: 1.20
Updated: 6 August 2023

Hello,

This indicator is a unique high reliability 7-in-1 multicurrency indicator comprising these sub-indicator’s:

A Trend Power Crossover Indicator.
A Percent Change Crossover Indicator.
A Currency Overbought/Oversold Indicator.
A Currency Deviation Indicator.
A Currency Impulse Signal Indicator.
A Trend Power Indicator.
A Currency Volatility Indicator.

The main advantage of this indicator is that it's reasoning by currency and not by currency pair. The values of each sub-indicator are calculated for the 8 major currencies: USD, EUR, JPY, GBP, CAD, AUD, CHF, NZD.

It is a more robust method for analyzing Forex markets. Indeed, this method allows for example to know exactly the currencies whose price increases and that of which the price decreases. moreover, this method integrates in an intrinsic way the aspects related to the currency correlation in the calculations.

With this indicator you will be able to detect many reliable forex signals for 28 currency pairs by using only one chart. The profitable and reliable trading opportunities you can detect will be highly improved compared to standard indicators based on the analysis of currency pairs.

My indicator is comprising most of concepts needed for a profitable and reliable trading:

Currency trend (indicator 1, 2, 5 and 6).
Currency strength (indicator 3).
Currency standard deviation compared to the standard price (indicator 4).
Currency volatility (indicator 7).

Please do not forget to make all symbols visible in the “Market Watch” before using this indicator (see the full description of the indicator in the link below).

Full description of the indicator :

https://www.mql5.com/en/blogs/post/747092

MT4 Version: https://www.mql5.com/en/market/product/75424

more...

Dora 2021.12.28 17:51 #

Excellent indicator

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Filter:

emerls80 2022.05.18 15:19 #

No MT5 não abre. Fica carregando eternamente.

5975

Reply from developer Zakaria Rachid 2022.05.20 09:39 #

Hello, did you made all symbols visible in the “Market Watch” before using the indicator ?

Acompanhe Aqui 2022.02.13 13:47 #

n funciona no meu

5975

Reply from developer Zakaria Rachid 2022.02.13 14:34 #

Hello, Make all symbols visible in the “Market Watch” before using the indicator. Please also note that multicurrency indicators do not load on some brokers servers during the weekend.

Dora 2021.12.28 17:51 #

Excellent indicator

Version 1.20 2023.08.06

Added a buy and sell signal option based on the trend power and percent change indicator.

Version 1.10 2022.01.06

Added the possibility to hide the other currencies by applying a style "none".