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Pairs Trading Candle Chart

The indicator is designed for visual multicurrency analysis. It allows synchronous scrolling and analysis of a few charts simultaneously.

The product can also be used for pairs trading. The indicator works both on Forex and Russian FORTS market. The product has a very important property - if there are skipped bars at the symbols, the synchronism of charts on the time axis is fully preserved.

Each chart point is strictly synchronous with the others on the time axis at any time frame. This is especially true in the stock market, as well as for low-liquidity symbols.

Price display method is colored candles.


The following values are displayed:

  • Open prices/High/Low/Close - as a colored candle. The default colors are as follows: red candle - the price is falling (Close value is less than Open one), green candle - the price is rising (Close value exceeds Open one), yellow candle - the price is equal to the previous one (Close value is equal to Open one), gray candle - the price corresponds to the missing bar.
  • Price levels - as horizontal dashed lines. They are often used as support/resistance levels.
  • Current Bid/Ask/Last prices - as horizontal lines. Display, color and line style are specified by a user.


External parameters:

  • Hedge Instrument Name - name of the symbol to be displayed on the chart that is synchronous to the main one. For example, "GBPUSD" (of course, quotation marks should be omitted when specifying a name).
  • Instrument Show Name - name that should be displayed in the indicator window. You can use a custom name for an instrument as its original name can be too long and contain unnecessary information. If this field is left empty, the instrument name will be used.
  • Show on Chart, days - limits the number of days displayed as a chart. Specified number of displayed days does not depend on the chart's timeframe.
  • Show Levels - show/hide price levels. If Yes, price levels are displayed on the chart.
  • Levels Step Size, points - distance between adjacent levels in points - it is usually set as multiple of 500 (the distance multiple of 400 points is often used for JPY pairs). Also, additional levels for a specified step are displayed.
  • Up & Down Round Levels Number - number of displayed price levels above and below the current price. If set to 4, the level closest to the current price (4 below and 4 above) is displayed.
  • Levels Line Color - color of the lines displaying price levels.
  • Levels Line Style - style of the lines displaying price levels (solid, dashed, etc.).
  • Scanning Interval, msecs - period of the data update on the chart. It is set in milliseconds (the value of not less than 100 milliseconds should be set).
  • Chart Color Schema - indicator's color scheme. The following schemes are available: light/dark/black on white/white on black.
  • Show Bid Line - show/hide Bid price location on the chart as a horizontal line. Line color and style are set as individual parameters.
  • Show Ask Line - show/hide Ask price location on the chart as a horizontal line. Line color and style are set as individual parameters.
  • Show Last Line - show/hide Last price location on the chart as a horizontal line. Line color and style are set as individual parameters. This price is valid for stock symbols (for example, for Russian FORTS market).
  • Bid Line Style - line style for Bid price on the chart (solid, dashed, etc.).
  • Ask Line Style - line style for Ask price on the chart (solid, dashed, etc.).
  • Last Line Style - line style for Last price on the chart (solid, dashed, etc.).
  • Bid Line Color - line style for Bid price on the chart.
  • Ask Line Color - line style for Ask price on the chart.
  • Last Line Color - line style for Last price on the chart.
  • Show Buffer's Value on Chart - show/hide display of numerical values for indicator buffers in the indicator window.
  • Debug Info Level manages sending messages to the terminal's log on the errors occurring when symbol data is received. Sending is disabled by default.

Fig. 1 displays the indicator working with Forex symbols. This example shows the convenience of the multicurrency analysis based on various trading strategies (for example, Elder's Triple Screen, seasonal trends, etc.), as well as the development of new strategies depending on the trader's preferences.

Fig. 2 shows similar example for Russian FORTS market.

Below is the offer for active users and all those who keeps reading to this line.

If you have any interesting ideas for improving this or any other product I offer, then you'll get a big discount for any of my products (or even get it for free) if the idea is realized.

Please write all your suggestions on the Comments tab, so we can have a documentary proof of the ideas and see who the first author is.
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Bogdan Ion Puscasu
5 (7)
Indicateurs
Présentation       Quantum Breakout PRO   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous négociez les zones d'évasion ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Évasion quantique PRO       est conçu pour propulser votre parcours commercial vers de nouveaux sommets grâce à sa stratégie de zone de discussion innovante et dynamique. Quantum Breakout Indicator vous donnera des flèches de signalisation sur les z
Matrix Arrow Indicator MT5
Juvenille Emperor Limited
5 (13)
Indicateurs
Matrix Arrow Indicator MT5   est une tendance unique 10 en 1 suivant un indicateur multi-période   100% non repeint   qui peut être utilisé sur tous les symboles/instruments:   forex ,   matières premières ,   crypto-monnaies ,   indices ,  actions .  Matrix Arrow Indicator MT5  déterminera la tendance actuelle à ses débuts, en rassemblant des informations et des données à partir d'un maximum de 10 indicateurs standard, qui sont: Indice de mouvement directionnel moyen (ADX) Indice de canal de m
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Mohamed Hassan
5 (3)
Indicateurs
After your purchase, feel free to contact me for more details on how to receive a bonus indicator called VFI, which pairs perfectly with Easy Breakout for enhanced confluence!     Easy Breakout MT5   is a powerful price action trading system built on one of the most popular and widely trusted strategies among traders: the   Breakout strategy ! This indicator delivers crystal-clear Buy and Sell signals based on breakouts from key support and resistance zones. Unlike typical breakout indicators
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Siarhei Vashchylka
5 (9)
Indicateurs
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
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Vahidreza Heidar Gholami
5 (6)
Indicateurs
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
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3 (5)
Indicateurs
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Upd
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Mehran Sepah Mansoor
5 (1)
Indicateurs
Ce tableau de bord découvre et affiche les zones   d'offre   et de   demande   sur le graphique, à la fois en mode scalping et à long terme, en fonction de votre stratégie de trading pour les symboles sélectionnés. En outre, le mode scanner du tableau de bord vous permet de vérifier tous les symboles souhaités en un coup d'œil et de ne manquer aucune position appropriée /   Version MT4 Indicateur gratuit:   Basic Supply Demand Caractéristiques Permet de visualiser les opportunités de tradin
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Indicateurs
Contact me  to send you instruction and add you in group. QM (Quasimodo) Pattern is based on Read The Market(RTM) concepts. The purpose of this model is to face the big players of the market (financial institutions and banks), As you know in financial markets, big traders try to fool small traders, but RTM prevent traders from getting trapped. This style is formed in terms of price candles and presented according to market supply and demand areas and no price oscillator is used in it. RTM conc
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Indicateurs
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High / Low’s  
Volumatic VIDyA MT5
Duc Hoan Nguyen
5 (1)
Indicateurs
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Volumatic VIDYA (Variable Index Dynamic Average) est un indicateur avancé conçu pour suivre les tendances et analyser la pression d'achat et de vente à chaque phase d'une tendance. En utilisant la Moyenne Dynamique à Indice Variable (Variable Index Dynamic Average) comme technique centra
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Marco Solito
5 (8)
Indicateurs
Dark Absolute Trend   is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy but use also candlestick patterns and Volatility. We can enter in good price with this Indicator, in order to follow the main trend on the current instrument. It is advised to use low spread ECN brokers. This Indicator does   Not repaint   and   N ot lag . Recommended timeframes are M5, M15 and H1. Recommended working pairs: All. I nstallation and  Update Guide   -  Troubleshooting
IQ FX Gann Levels MT5
INTRAQUOTES
Indicateurs
CONTACT US  after purchase to get the Indicator Manual. Try Now—Limited 50% Discount for First 10 Buyers! Download the  Metatrader 4 Version Due to regulatory restrictions, our service is unavailable in certain countries such as India, Pakistan, and Bangladesh. William Delbert Gann (W.D. Gann) was an exceptional market analyst, whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient mathematics which proved to be extremely accurate. A Note from t
Suleiman Levels
Suleiman Alhawamdah
5 (2)
Indicateurs
Note importante : L'image affichée dans les captures d'écran montre mes 2 indicateurs, l'indicateur "Niveaux de Suleiman" et l'indicateur "RSI Trend V". J'ai recommandé de l'utiliser conjointement avec l'indicateur "RSI Trend V1", en particulier pour confirmer et faire correspondre le nuage coloré ainsi que pour les signaux de flèches, en plus de l'importance de l'indicateur Fibonacci et de ses niveaux exceptionnels associés : https://www.mql5.com/en/market/product/132080 L'indicateur "Niveaux
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Indicateurs
This indicator shows the ratio of the volume of buyers'/sellers' orders for the Russian FORTS futures market. Now, you can receive this information in real time in your МetaТrader 5 terminal. This allows you to develop brand new trading strategies or improve the existing ones. The data on the ratio of the volumes of orders is received from the database (text CSV or binary one at user's discretion). Thus, upon completion of a trading session and disabling the terminal (or PC), the data is saved a
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Dmitriy Skub
Utilitaires
This is a utility for storing the data on open interest (OI), ratio of buyer/seller orders' number and the ratio of buyer/seller orders' volumes on the Russian FORTS futures market. This is the first product of the series. Now, you can trace history of the specified data in real time in МТ5 terminal. This allows you to develop brand new trading strategies or considerably improve the existing ones. The data received from FORTS market is stored as a database (text CSV or binary one at user's discr
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Market Watch Panel MT4
Dmitriy Skub
Utilitaires
This is a panel for market review and evaluation of multicurrency price movements. It shows main parameters for a user defined group of symbols in the form of a table. The following values are displayed: Symbol name; Ask price value; Bid price value; Spread size in pips; Stop level in pips - may be hidden by a user; Change of price in pips comparing to the day start; Current daily range (High - Low) in pips; Average daily range in pips for user defined number of days; Price change percentage dur
Trade Panel with Loss Breaking MT4
Dmitriy Skub
Utilitaires
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Dmitriy Skub
Utilitaires
Introducing a compact and handy panel that shows the main parameter of the current price on a chart. The following information is displayed: The price value itself, a user can choose Bid, Ask or Last; Instrument name ; Type of the price displayed; Spread size in pips; Stops level in pips; Change of price in pips comparing to the day start; Current daily range ( High - Low ) in pips; Average daily range in pips for the last 20 days. External parameters: Instrument Name - name of the instrument to
Market Watch Panel
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5 (1)
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Introducing a compact and handy panel for watching the market and estimating multicurrency price movements. It shows main parameters for a user defined group of symbols in the form of a table. Its functionality is checked on Forex and FORTS. The following information is displayed: Financial instrument name . Last price value - can be turned off for off-exchange markets. Ask price value . Bid price value . Spread size in pips. Stop level in pips - can be turned off for off-exchange markets. Chang
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Dmitriy Skub
Indicateurs
The alternative representation of a price chart (a time series) on the screen. Strictly speaking, this is not an indicator but an alternative way of visual interpretation of prices along with conventional ones - bars, candlesticks and lines. Currently, I use only this representation of prices on charts in my analysis and trading activity. In this visual mode, we can clearly see the weighted average price value (time interval's "gravity center") and up/down dispersion range. A point stands for (O
Pairs Trading Hedge Chart
Dmitriy Skub
Indicateurs
This indicator is intended for visual multicurrency analysis. It allows synchronous scrolling and analysis of a few charts simultaneously and can also be used for pairs trading. The indicator works both on Forex and on Russian FORTS market. The product has a very important property - if there are skipped bars at the symbols, the synchronism of charts on the time axis is fully preserved. Each chart point is strictly synchronous with the others on the time axis at any time frame. This is especiall
Levels on Chart
Dmitriy Skub
Indicateurs
The indicator draws lines that can serve as support/resistance levels. They work both on Forex and FORTS. The main and additional levels are displayed as lines, with the color and style defined by the user. Additional levels are only displayed for currency pairs without JPY. Please see the AUDUSD chart below. Yellow ovals indicate some characteristic points where price reaches one of the levels. The second screenshot shows a FORTS instrument chart with the characteristic points. Simply watch the
FORTS Open Interest
Dmitriy Skub
Indicateurs
This is an open interest indicator for the Russian FORTS futures market. Now, you can receive data on the open interest in real time in МТ5 terminal. This allows you to develop brand new trading strategies or considerably improve the existing ones. The data on the open interest is received from the database (text CSV or binary one at user's discretion). Thus, upon completion of a trading session and disabling the terminal (or PC), the data is saved and uploaded to the chart when the terminal is
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Dmitriy Skub
Indicateurs
This indicator shows the ratio of the number of buyers'/sellers' orders for the Russian FORTS futures market. Now, you can receive this information in real time in your МetaТrader 5 terminal. This allows you to develop brand new trading strategies or improve the existing ones. The data on the ratio of the orders number is received from the database (text CSV or binary one at user's discretion). Thus, upon completion of a trading session and disabling the terminal (or PC), the data is saved and u
Trade Panel with Loss Breaking MT5
Dmitriy Skub
Utilitaires
Trade Panel with Loss Breaking for MT5 Multi-instrumental trading panel with the function of transferring the stop loss of positions to loss breaking. Has the following distinctive properties: All trading parameters and panel operation are set in the settings. The traded position volume (lot size) is quickly changed. The required margin and the percentage of the required margin of the current deposit for the specified lot size are displayed. Shows profit when take profit is triggered and losses
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Version 1.7 2021.12.01
Перекомпилирован новой версией компилятора.
Version 1.6 2014.10.30
1. New color schema added - Light Alternative Colors.
2. Forming of мissed bars improved.