Market / MetaTrader 5 / Indicators /

One for All Trend Scanner

FREE

Published: 21 November 2022

Current version: 1.0

One for All Trend Scanner

One for All Trend Scanner is a trend following multi-symbol indicator that can be used with any input: forex, stocks, commodities,... The panel shows three indicators and six symbols with the trend for every pair (symbol/indicator): up, down or no trend. The indicators are:

Average Directional Movement Index (ADX)
Moving Average Convergence Divergence (MACD)
Relative Strength Index (RSI)

You can choose which indicators will use for entry/exit and can adjust the parameters of each indicator separately.

You can change quickly the chart by clicking any one of the symbol button in the panel. This feature allows you to check a trend or an alert

The panel is small and does not hide the chart.

When all indicators give a valid buy/sell signal, two events occur:

If the signal occurs for the chart symbol:

1. A circle will be printed on the chart, in the price/time corresponding. Entry and Exit signals have same criteria (entry buy/exit sell and entry sell/exit buy). There is not separately dibujos for entry/exit.

If the signal occurs for any of the panel symbol:

2. An alert will be sent. The alerts could be sent for entry, exit, none or both and for any of the panel symbols. There are terminal, push and email alerts.

Trends,signals and alerts are referred to the timeframe of the chart (maybe in next versions it will be multitimeframe)

Recommendations:

If you have a setting of thousands of max bars in chart, the indicator could too slow

Always check before send an order. The indicator prefers send false positives that to lose opportunities

Adjust indicators parameteres accord timeframe

Inputs:

InpBackTrendUp: Background indicator color when trend up

InpBackTrendDown: Background indicator color when trend down

InpBackNoTrend: Background indicator color when NO trend

InpFontSize: Font size for labels

InpColorBuyEntry: Symbol color for buy entry signal

InpColorSellEntry: Symbol color for sell entry signal

InpSymbol1-6: Symbol 1-6

InpAdxPeriod: ADX Period

InpAdxLimitTrend: ADX Value for set an up/down trend

InpAdxBehaviour: ADX Behavoiur for alerts and drawing

InpAdxLabel: Panel Label for ADX

InpFastEMA: Fast EMA period

InpSlowEMA: Slow EMA period

InpSignalSMA: Signal SMA period

InpMACDAppliedPrice: MACD Applied price

InpMacdBehaviour: MACD Behavoiur for alerts and drawing

InpMacdLabel: Panel Label for MACD

InpUpRSI: Up limit of RSI

InpLowRSI: Low limit of RSI

InpRSIPeriod: RSI Period

InpRSIAppliedPrice: RSI Applied price

InpRsiBehaviour: RSI Behavoiur for alerts and drawing

InpRsiLabel: Panel Label for RSI

InpLaunchTerminalAlerts: Launch Terminal Alerts

InpLaunchPushAlerts: Launch Push Notification Alerts

InpLaunchEmailAlerts: Launch Email Alerts

InpLaunchEntryAlerts: Launch Entry Alerts

InpLaunchExitAlerts: Launch Exit Alerts

more...

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