概述
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新特性

Tools Standard

Tools Standard is a color multicurrency/multi-symbol indicator. It is designed for displaying one of the seven standard indicators on candlestick chart in a separate window under the base symbol chart.

The indicator can be calculated based on one of the seven indicators according to user preferences:

Bill Williams Alligator
Bollinger Bands
Envelopes
Bill Williams Fractals
Moving Average
Two Moving Averages
Parabolic SAR.

Bill Williams Alligator is used by default.

The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrument is unknown (does not exist).

Users also can set the number of displayed candlesticks, as well as select bullish and bearish colors including the colors of the applied indicator's lines.

Purpose

The indicator can be used as a visual tool that represents the market data in a more informative way, as shown in the screenshots, improving the market event analysis.

The indicator can be used for manual or automated trading within an Expert Advisor. For automated trading, use the indicator buffer of the double type:

Buffer 0 depending on Ind_Number index - indicator values:

Alligator's Jaw
The lower line of Bollinger Bands
The upper line of the Envelope
Bill Williams upper fractal
Moving Average
Fast Moving Average
Parabolic SAR values

Buffer 1 depending on Ind_Number index - indicator values:

Alligator's Teeth
The upper line of Bollinger Bands
The lower line of the Envelope
Bill Williams lower fractal
Bullish line of the Moving Average - the value should not be equal to zero
Slow Moving Average

Buffer 2 depending on Ind_Number index - indicator values:

Alligator's Lips
The medium line of Bollinger Bands
Bearish line of the Moving Average - the value should not be equal to zero

Buffer 3 - indicator values at Open prices
Buffer 4 - indicator values at High prices
Buffer 5 - indicator values at Low prices
Buffer 6 - indicator values at Close prices

Input Parameters

Currency_Name - name of the financial instrument
Bars_Number - number of bars for displaying in a separate window
Bars_Flag - flag allowing display of the number of bars set in Bars_Number parameter:

true - according to Bars_Number
false - maximum available number of bars in history

Bulls_Color - bullish candle color
Bears_Color - bearish candle color
Bid_Line_Color - color of the Bid line.
Ind_Number - indicator number (from 0 to 6). Force indicator is used by default (i.e. more than 3)
Fast_Period - fast period
Slow_Period - slow period
Jaw_Period - blue line (Alligator's Jaws) averaging period
Jaw_Shift - blue line shift relative to the price chart
Teeth_Period - red line (Alligator's Teeth) averaging period
Teeth_Shift - red line shift relative to the price chart
Lips_Period - green line (Alligator's Lips) averaging period
Lips_Shift - green line shift relative to the price chart
MA_Method - method of averaging of the basic indicator:

MODE_SMA - 0
MODE_EMA - 1
MODE_SMMA - 2 (by default)
MODE_LWMA - 3

Applied_Price - used price:

PRICE_CLOSE - 0
PRICE_OPEN - 1
PRICE_HIGH - 2
PRICE_LOW - 3
PRICE_MEDIAN - 4 (by default)
PRICE_TYPICAL - 5
PRICE_WEIGHTED - 6

Deviation_Bands - deviation from the main line for Bollinger Bands
Deviation_Envelope - deviation from the main line in % for Envelopes
SAR_Step - stop level increment for Parabolic SAR
SAR_Maximum - maximum stop level for Parabolic SAR
Shift - shift of the basic and calculated indicator relative to the price chart

Limitations

A chart with similar parameters on the same symbol can be displayed only once. Otherwise, an error related to its re-using occurs. An appropriate error message is displayed and an offer to replace a symbol is made. However, this error message should be ignored when only parameters of the calculation indicator (already created in the window) are modified (see screenshots).

Recommendations

It is recommended to use the indicator with Bars_Number parameter not exceeding the number of bars fitting in one full window (about 250 bars).

Note

In case connection with a trade server is lost, the chart is re-drawn from the beginning using the number of bars set by Bars_Number and Bars_Flag parameters after connection is restored and swapping of data is under way.