MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Methodologies » Tools of the Trade

[FerruFx]

Dear forum members,

Because of your great interest since 1 year now in my Multi-Indic indicator, it's time to release a new version. It was a long hard work because of my other projects which make me really busy!

Small reminder for those who missed the first version: the multi-indic indicator is a tool which display on a single chart the current direction of 16 indicators and 9 timeframes.

This new version is more elaborated and easier to use. Here's below the different features of this new tool:

1. Watcher mode: Multi-Indic

- 16 standards indicators: user is able to select the indicators he wants to display

- 9 timeframes: user is able to select the timeframes he wants to display

2. Watcher mode: Multi-Pairs

- 26 pairs: user is able to select the pairs he wants to display

- 9 timeframes: user is able to select the timeframes he wants to display

- User is able to select one of the 16 indicators he want the watcher calculate for the pairs and TFs selected

3. The settings

- Watcher mode: multi pairs or multi indic

- Select the pairs you want to display (true/false)

- Select the TFs you want to display (true/false)

- The k coefficient applied to the TFs: you are absolutely free to set the numbers you want. Depend of the difference you want to give. Example: you want give an extreme importance to high TFs, then you may set k increasing like this 1.1.1.2.2.3.3.4.4 or 1.2.3.4.5.6.7.8.9. It's really up to you and depend of your trading style. You are not limited by numbers.

- Select and set the indicators you want to use

- The colors: text and colored squares.


Important note before load the tool on your chart: for the 1st apply, select a few pairs or indicators. Then add step by step the others you need. It's a lot of calculation for multiple pairs, indicators and timeframes at the same time. After refreshing all pairs and TFs, it will work in real time with each new incoming ticks.

I understand that some of you may want to replace some of these standard indicators with other ones. In that case, please send me your request with the indicator(s) needed here: ferrufx< @>gmail< dot>com (remove the <> and spaces and replace dot with "."). I will let you know if it is doable.

Hope you'll enjoy this new version like the first one. Your comments will be very much appreciated.

FerruFx

[jemmy]

gotta tell you that mt4 provides you with the simplest applications ever,,, it is sooo simple and clear .http://forexforumnow.com/index.php?P...de&topic=125.0

[abcd018]

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