Matrix indicator for MT5 by ITC
- Indicateurs
- Renaud Herve Francois Candel
- Version: 1.10
- Mise à jour: 4 juillet 2023
- Activations: 5
Matrix Indicator
Matrix Indicator is a simple but effective indicator.Matrix indicator displays usual oscillators indicators in a user friendly color coded indicator.
This makes it easy to identify when all indicators are aligned and spot high probability entries.
Inputs of indicator are:
- Indicator: RSI, Stochastic, CCI, Bollinger Bands
- Param1/Param2/Param3: usual settings for the indicator
- ValueMin: Oversold level for oscillator
- ValueMax: Overbought level for oscillator
Example of settings for the indicator:
- Indicator=RSI
- Param1=14
- ValueMin=10
- ValueMax=90
- Indicator=Stochastic
- Param1=5
- Param2=3
- Param3=3
- ValueMin=20
- ValueMax=80
- Indicator=CCI
- Param1=14
- ValueMin=-100
- ValueMax=100
- Indicator=Bollinger
- Param1=20
- ValueMin=-2.0
- ValueMax=2.0
Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.
Indicators for MT5:
All our indicators are developed both for MT4 and MT5.
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