All-in-One-Trade Indicator – Forex Trading Signals
Contents
Today I want to talk about the indicator All-in-One Trade. The indicator combines some different strategies and modules for successful trading.
I wanted to insert many practical trading tools in the code of a single indicator to make it more universal. And now the All-in-One Trade indicator includes an entire trading strategy. And not even one!
Trading Platform: MetaTrader 4
Product URL: www.mql5.com/aoti
Currency Pairs:
For levels detection: EUR/USD, GBP/USD (Additional pairs in the future)
For other features: Any pairs
Time Frame:
For levels detection: M5
For other features: Any timeframe
Recommended Brokers: Read More
All-in-One Trade Indicator Appearance
1 – Account Info
2 – Current Day direction and Targets
3 – Realtime Quotes
4 – Moving Average (MA) channel Width and Angle
How does an All-in-One Trade Indicator Work
Daily target levels of the Take Profit and Stop Loss calculated from 00:00 to 2:00 of the terminal time.
To calculate the target levels for EUR/USD pair, indicator use the 3 charts of currency pairs: EUR/USD, USD/CHF and EUR/JPY.
To calculate the target levels for GBP/USD pair, indicator use the 3 charts of currency pairs: GBP/USD, EUR/USD and EUR/GBP.
I found a several patterns in my trading practice. These patterns help me in calculating daily target levels. Determination of the levels requires tick data, volumes, price action, and spread values at the defined interval. For the above reasons, this functionality is available only in real-time.
Entry Signals and Support/Resistance Levels
Blue and Red arrows I use to find the possible entry points.
Blue and Red horizontal lines show to us a trend break. We may to take profit at this points. At example – support line.
ArrowDelta – the distance from the price to arrow.
Bars2Check – the number of bars for the calculation. It is necessary for the weak computers.
Support / Resistance lines settings:
Linear Regression Channels
Draws channel using linear regression of close prices. The All-in-One Trade indicator has the ability to use 2 channels of the linear regression.
Settings:
DrawLongLinearChannel, DrawShortLinearChannel – On/Off channels.
LongRegChanSBar – value for calculating the Long Channel.
ShortRegCjanSBar – value for calculating the short Channel.
LongRegChanColour, ShortRegChanColour – colours of the channels.
…Width – width of the channels.
Good for the trend detection and for double channel strategy.
Price Channel
Indicator Price Channel – indicator, which allows the trader to react to the output price beyond channel. The channel is built based on the analysis of several candles, starting from the latter.
Settings:
Auto Fibonacci Levels
The Fibonacci sequence is very well combined with the levels of asset price correction in the markets after the growth.
Settings:
MA Bands – Detect the End of a Trend
The MA Bands – Detection of the trend direction and ending of the trend.
Settings MA Channel Width – width of the MA Bands.
Settings MA Channel Angle – angle of the MA Bands.
If the Angle value becomes green, we can fix profits.
