Trading libraries for MetaTrader 4
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MetaTrader 4
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Overview
Indicator indicates the most suitable entry and exit points for trades. Also displays statistical data on all signals for better trading analysis.
With this indicator, you will be able to better understand the market.
As soon as the trend strength starts to weaken (this will be shown on the panel), the trend line will tend to a horizontal position - this is a signal to exit the trade.
Features
- This indicator does not repaint. What is printed on the historical chart will be printed in real time as well.
- With it, you can trade any assets: cryptocurrency, stocks, metals, indices, commodities and currencies.
- Works on all timeframes.
- Entry signals appear on the opening of a new candle.
- Exit signals are approximate, as you can often close a trade with more profit.
- There is a detailed trade statistics panel in the upper left, which can be collapsed.
- Shows trend direction and strength immediately on timeframes from M1 to W1.
- Has light code, so it does not load or slow down the terminal.
- Uses a special formula for calculating the moving average, which determines the trend direction.
- To not miss the appearance of an entry signal, you can receive an alert window notification and push.
- For users of all levels from beginners to experts.
Statistics Panel
- Number of days from which the signal history is taken.
- Total number of signals for which statistics are given.
- Ratio of the number of profitable and losing signals.
- Percentage of profitable signals from the total number.
- Average profit per signal.
- Total profit on all signals.
- Average loss per signal.
- Total loss on all signals.
- Last ping to the broker's server.
- Current spread.
- Trend direction UP/DOWN on timeframes from M1 to W1.
- Measures trend strength: * Weak ** Medium *** Strong.
Settings Parameters
- Period: Indicator sensitivity.
- Working hours: Working time of the indicator in the segment in which entry signals appear. (time format should be xx:xx-xx:xx for example 00:00-23:59)
- Font size: Font size for the statistics panel.
- Show statistics: On/off display the signal statistics panel in the upper left corner of the chart.
- Show line: On/off display the trend line.
- Show arrows: On/off display arrows when changing trend.
- Show entry/exit: On/off display entry and exit points from the market.
- Use alert notification: On/off pop-up window with notification and sound alert.
- Use push notification: On/off push notifications.
