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TRO MultiPair
TRO MultiPair MetaTrader indicator
based on several custom indicators that are included in the package,
this indicator can display trend directions for several currency pairs and on
all possible MetaTrader timeframes simultaneously. The indicator is displayed in a
separate window of the chart. The legend for the indicator is displayed on the
right side of the chart. You can choose where to go short and
where to go long by simply looking at this indicator. It doesn't matter to which
currency pair or timeframe you attach this indicator, it will show everything
that's set in its input parameters. TRO MultiPair is a very resource-consuming
indicator; you should turn off any timeframes and currency pairs you don't use.
It has a lot of input parameters but only few of them are used for the actual
tuning.
Input parameters:
- pairs (default = GBPUSD;EURUSD;USDCHF;USDJPY)
currency pairs for which to display this indicator. Just list them with
semicolon as separator.
- timeFrames (default = M1;M5;M15;M30;H1;H4;D1;W1;MN)
timeframes for which to display the indicator. Just list them with semicolon as
separator.
- myAlert (default = false) if true then alerts
are used.
- ShowLegend (default = true) if true then the legend
is displayed.
- ShowCount (default = true) if true then the count
of the trend directions by timeframes is displayed.
- Other parameters change various visual settings.
Trading with this indicator is very intuitive. As you see on the legend,
there are weak and strong signals and also neutral signals. You can develop your
own strategy with this indicator, but I recommend entering the trades only when
all timeframes for a given currency pair point in one direction and there are no
weak or neutral signals. Exit positions when the signals that you used to enter
are in minority.
Downloads:
The latest version and the full code of this indicator can be found at www.kreslik.com.
You can also download an old version of TRO MultiPair in .zip.
Discussion:
Warning! Before you ask any basic questions regarding installation of
the indicators, please, read this
MetaTrader 4 Indicators Tutorial or MetaTrader 5 Indicators Tutorial
to get the elementary knowledge on handling them.
Do you have any suggestions or questions regarding this indicator? You can
always
discuss TRO MultiPair with
the other traders and MQL programmers on the indicators forums.
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