Information for trader
The analyzer of the current market situation is based on indicator values on the zero bar of each timeframe from 1 minute to 1 day. The indicator characterizes the trend strength in a separate window in relation to the current timeframe, at the same time signals for each timeframe are displayed in horizontal lines. The signals are characterized by a three-step color palette from neutral to buy and sell colors. It displays information about the candlestick completion time, current Bid price, PO = Open -Close, HL = High-Low, Sp = Spread, DA = Average(Day+5Day+10Day+20Day)/4.
Indicator parameters:
"=== Trend Box ===";
- box_trend - turn on the trend strength indication. Enabled by default;
- TrendStrongLevel - the strong signal level. By defaults above 75.00%;
- alert - enable alert;
"====== RSI ======";
- RSI_Period - calculation period. Default is 14;
- RSI_PRICE_TYPE - price used for the indicator calculation: PRICE_TYPICAL;
"====== CCI ======";
- TrendCCI_Period - calculation period. Default is 170;
- EntryCCI_Period - calculation period. Default is 34;
- CCI_PRICE_TYPE - price used for the indicator calculation: PRICE_TYPICAL;
"===== STOCH =====";
- STOCH_K_Period - K line period. Default is 5;
- STOCH_D_Period - D line period. Default is 3;
- STOCH_Slowing - slowing value. Default is 3;
- MA_MODE - averaging method: MODE_EMA;
"====== MA ======";
- MA_Fast - calculation period. Default is 5;
- PRICE_TYPE_Fast - price used for the indicator calculation: PRICE_CLOSE;
- MA_Slow - calculation period. Default is 5;
- PRICE_TYPE_Slow - price used for the indicator calculation: PRICE_OPEN;
- MA_MODE - averaging method: MODE_SMA;
"== Heiken_Ashi_MA =="; https://www.mql5.com/en/market/product/12790
- MaPeriod - calculation period. Default is 5;
- MaMetod - averaging method: MODE_SMMA;
- MaPeriod2 - calculation period. Default is 3;
- MaMetod2 - averaging method: MODE_LWMA;
"=== Line Mixer ==="; https://www.mql5.com/en/market/product/12798
- no parameters;
"=== Ichimoku ===";
- tenkan_sen - period of Tenkan-sen: 2;
- kijun_sen - period of Kijun-sen: 5;
- senkou_span_b - period of Senkou Span B: 8.
Each of these indicators has a weight factor of influence depending on the timeframe and the total position. It produces timely signals about overbought and oversold states. The attached screenshots display all indicators with standard settings, which are only for the visual assessment of the volume of information processed.
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