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RunwiseFX Market Trending plus Alert

4.67

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 price changes.


Usage

Entry should be made when the indicator line is above the 100 level, i.e. not yellow, and the vertical histogram bars are present and of the same color. The histogram bars appear when the direction is confirmed. If purple then the direction is confirmed but the trend is weakening. Green color signals buy/long and red signals sell/short. Do not open a trade if no histogram bars are present.

Early entry: An early entry could be considered if either the vertical histogram bar green/red is present but the indicator line is still yellow, or the histogram bar is purple but the indicator line is above 100, i.e. colored green/red.

The optional alert is controlled via on the chart tick box, by default shown on the bottom left of the chart. The alert will be raised when the market transitions from flat to trending. The number of pips since the alert was raised is shown in the panel.

For the alert to work you must leave the chart open with the indicator placed on the chart. The alert can be set to pop-up, play wav file sound, email or notification.

A bonus spread indicator will show the current spread, which can be configured to change color if the spread has gone too high. Also current ask/bid prices can be shown in big text. The prices will be colored green if gone up, red if gone down or yellow if stayed the same. The indicators are optional and fully configurable.


Indicator Inputs

Variable Description
Main_alertOnDefault Set to true for alert to be on by default when indicator is placed onto a chart
Main_alertShowPriceLine If set to true will show horizontal price line on chart of the price when an alert was raised
Main_alertLineStyle Line style of the above alert price line
Main_alertThreshold Value of indicator for when alert happens. Default is 100 (trending confirmed).
Main_histogramThreshold Value of indicator for when histogram appears. Default is 90 (trending likely).
Col_alertSell Color of alert price line if a sell alert
Col_alertBuy Color of alert price line if a buy alert
Box_corner Which corner of the chart to show the alert's control panel. Default is bottom left.
Box_X X co-ordinate of where the show the alert's control panel
Box_Y Y co-ordinate of where the show the alert's control panel
Gen_GUIFontSize Font size for label on control panel
Gen_GUIFont Font name used on control panel
Gen_lineLabelFontSize Font size of text label used on horizontal price lines
Gen_alertPopUp If true then will alert via pop-up window (note, on strategy tester will appear in Journal)
Gen_alertSound If true will alert via playing of wav file
Gen_alertSoundWavFile Wav file fame, use if Gen_alertSound is set to true
Gen_alertMail If true then will alert via email, as configured in your MetaTrader terminal
Gen_alertNotification If true then will alert via push notification, as configured in your MetaTrader terminal
Gen_colorLabel Color used for labels in the control panel
Gen_colorSell General color to use for sell
Gen_colorBuy General color to use for buy
Gen_colorSellBuy General color to use when transitioning from buy/sell
Gen_askBidPricesShow If true when will show ask/bid prices on the chart
Gen_askBidPricesCorner Which corner of the chart to show the ask/bid prices
Gen_askBidPricesX X co-ordinate of ask/bid prices
Gen_askBidPricesY Y co-ordinate of ask/bid prices
Gen_askBidPricesSizeAsk Font size of ask price
Gen_askBidPricesSizeBid Font size of bid price
Gen_spreadShow If true then will show current spread
Gen_spreadCorner Which corner of the chart to show the spread
Comentarios 3
Luigi Marazzi
174
Luigi Marazzi 2019.04.13 16:45 
 

Best indicators and EAs and exceptional customer service.

Peter
1093
Peter 2017.11.06 16:02 
 

RunwiseFX creates some of the best indicators and EAs I have come across. I love all their products!

david Ani
74
david Ani 2017.06.07 21:33 
 

Very good indicator for identifying when market is in trend or not

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Oleg Rodin
5 (27)
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Juvenille Emperor Limited
5 (3)
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Daniel Stein
4.58 (33)
Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Volume es el PRIMER y ÚNICO indicador de volumen que proporciona una visión REAL del sentimiento del mercado desde el punto de vista de un bróker. Proporciona una visión impresionante de cómo los participantes institucionales del mercado, como los brokers, están posicionados en el mercado Forex, mucho más rápido que los informes COT. Ver esta info
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Reza Aghajanpour
4.85 (26)
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Market Structure group" for sharing or seeing experiences with other users. Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market (Breakout and Retest). It’s also one of the most commonly used techniques to understand trends, identify potential reversal points, and get a feel f
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Daniel Stein
5 (5)
IX Power lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede analizar todo lo que su terminal le ofrece. Pruébalo y experimenta cómo tu timing mejora significativamente a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin repintado -
Deja un comentario después de la compra para recibir 4 indicadores de alta calidad como bono. El indicador Chart Patterns All-in-One ayuda a los traders a visualizar varios patrones de gráficos comúnmente utilizados en el análisis técnico. Este indicador apoya la identificación de posibles comportamientos del mercado, pero no garantiza rentabilidad. Se recomienda probar el indicador en modo demo antes de comprar. Oferta actual : Descuento del 50% en el indicador "Chart Patterns All in One". Patr
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Blahtech Limited
4.61 (33)
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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
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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
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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
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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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Luigi Marazzi
174
Luigi Marazzi 2019.04.13 16:45 
 

Best indicators and EAs and exceptional customer service.

Peter
1093
Peter 2017.11.06 16:02 
 

RunwiseFX creates some of the best indicators and EAs I have come across. I love all their products!

david Ani
74
david Ani 2017.06.07 21:33 
 

Very good indicator for identifying when market is in trend or not

Respuesta al comentario
Versión 1.6 2018.11.23
- Added EA_mode input which can be set to true when capturing values from an EA via iCustom() to improve performance
Versión 1.5 2018.06.21
- Fixed issue where alert on/off tick box wasn't working and couldn't be hidden.
Versión 1.4 2016.12.13
- Added color index 9 to make it easier to use the indicator inside an Expert. This gives the overall indicator value.
Versión 1.3 2015.03.12
Fixed minor bug where repeated alert was possible.