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Chart Trend Checker with Moving Averages MT5

5
This MT5 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments:
  • 1 customizable multi-period moving average
  • Optional Heikin-Ashi candles
  • 3 switchable focus modes
  • Distinct colors for easy analysis

Link to MT4 version: https://www.mql5.com/en/market/product/106708/


This indicator shows your preferred moving average from multiple time frames in one chart. They include the MA from the current chart's time frame, the MAs from two time frames above it, and the MA from one time frame below it. For example, if the chart is on the 1 Hour time frame, the displayed MAs will be the 15 minute MA, the 4 Hour MA, and the Daily MA.


The indicator's focus modes can be useful for checking trends and confirming the market bias. They include:

  • A simple mode that replaces the chart's candles or bars with a 1-period SMA of the closing price
  • An intermediate mode that replaces the 1 SMA with Heikin-Ashi candles
  • The full view mode that shows both the 1 SMA and the Heikin-Ashi candles

These modes can be easily accessed via the keyboard: press 'Q' to show the 1 SMA, 'S' for the Heikin-Ashi candles, and 'E' for the full mode. You can exit the trend checker mode by pressing the key for the mode the chart is currently in (e.g. 'E' if the chart is in full view mode) or pressing the 'Esc' key.

Avis 3
Detleff Böhmer
2652
Detleff Böhmer 2023.10.13 09:52 
 

Bin sehr zufrieden, gut gemacht, die Signale sind zuverlässig. Danke!!

Evgeny Belyaev
88381
Evgeny Belyaev 2023.10.12 20:01 
 

Interesting indicator.

Findolin
1005
Findolin 2023.10.11 17:12 
 

Excellent idea! Simple and awesome to the same time. Thank you very much.

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GAMMA is a fully featured trade manager and account monitoring assistant that offers a variety of trade and account monitoring and mechanization functionalities vital to a trader’s toolkit. This assistant takes on all the mechanical parts of trading, freeing up more time for you focus on other activities that promote your personal and financial well-being. The trading functions GAMMA helps you to automate include: equity monitoring and preservation stop loss and take profit placement breakeve
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GAMMA is a fully featured trade manager and account monitoring assistant that offers a variety of trade and account monitoring and mechanization functionalities vital to a trader’s toolkit. This assistant takes on all the mechanical parts of trading, freeing up more time for you focus on other activities that promote your personal and financial well-being. The trading functions GAMMA helps you to automate include: equity monitoring and preservation stop loss and take profit placement breakeve
Filtrer:
Detleff Böhmer
2652
Detleff Böhmer 2023.10.13 09:52 
 

Bin sehr zufrieden, gut gemacht, die Signale sind zuverlässig. Danke!!

Patrick Murage Gichuki
1127
Réponse du développeur Patrick Murage Gichuki 2023.10.14 17:22
Gern geschehen, alles Gute.
Evgeny Belyaev
88381
Evgeny Belyaev 2023.10.12 20:01 
 

Interesting indicator.

Patrick Murage Gichuki
1127
Réponse du développeur Patrick Murage Gichuki 2023.10.14 17:15
Thanks.
Findolin
1005
Findolin 2023.10.11 17:12 
 

Excellent idea! Simple and awesome to the same time. Thank you very much.

Patrick Murage Gichuki
1127
Réponse du développeur Patrick Murage Gichuki 2023.10.11 21:06
Thank you for the feedback, I am happy you found it useful.
Répondre à l'avis
Version 1.2 2023.10.11
Resource usage optimizations