Technical Indicators for MetaTrader 5

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MetaTrader 5

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Market Momentum Alerter for MT5

market-momentum-alerter-for-mt5-logo-200x200-1650
97.00 USD82.45 USD

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Information

Indicators
MetaTrader 5
Renaud Herve Francois Candel
1.10
5

Overview

Market Momentum Alerter

Market Momentum Alerter will inform you about danger to operate in the market.
Imagine you see a very nice setup (Forex, Stocks, Indices) and you decide to place your trade...
And you finally lose your trade and don't understand what happened.
This can happen due to big operations in the market carried out by banks and big institutions.
These operations are invisible for most people.
Now with the Market Momentum Alerter you will be able to detect those operations... and stay out to avoid losing your money.
When you have an alert you will have to stop trading for 10 minutes.
If there are no new alerts then you will be able to resume trading.
You must place the Market Momentum Alerter in each pair you want to trade. You can use the indicator in any time frame.

The indicator comes as a graphical shape displaying:
  • symbol and time frame of your chart
  • level of activity in the market (if level is more than 6 out of ten then you have to be cautious)
  • price (Ask, Bid, or mean price of Bid and Ask)
For those trading binary options the mean price will be useful to check that price of web broker is correct compared to price of your MetaTrader platform.
Alerts are given with sound and with the activity level in your chart.

Inputs of the indicator are:
  • BarX/BarY : X and Y coordinates where the indicator should be displayed in your chart
  • BarColorUp/BarColorDown : colors to display the bar level
  • RectangleColor : color of background shape to be used
  • PriceMode (Ask, Bid, AskBidMean) : type of price to display in the shape
  • SoundAlert (True/False) : to listen to sound alerts
  • TestSound (True/False) : to check at init time that sound alerts are working

The indicator can be used with any type of asset class : Forex, Stocks, Indices, Futures, Commodities and Cryptos.
Take care that initialization of indicator might last 10 to 30 seconds. So be patient please.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.
The most popular indicators for Metatrader 4 are:

    Indicators for MT5:
    All our indicator are developed both for MT4 and MT5.

    List of all our indicators:
    You can see the complete list of our indicators following the link  ? https://www.mql5.com/en/users/itc_software/seller

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    If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

    Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.

    Refund requests received more than 30 days after purchase will be rejected.

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    RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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