Multi Time Frame Multi Currency Pair Scanner
Posted: Thu Jul 27, 2017 9:03 am
LUA Original: viewtopic.php?f=17&t=59736
Description:
This is the MT4 version of the LUA Original "MTF MCP Scanner" to assess which pair is better to trade in either direction. Time Frames and Currency Pairs are customizable.
INDICATORS:
1. DMI WITH DEFAULT PARAMETERS
2.STOCHASTIC WITH DEFAULT PARAMETERS
OVER BOUGHT LEVEL: 80
OVER SOLD LEVEL: 20
3.STOCH RSI WITH DEFAULT PARAMETERS
OVER BOUGHT LEVEL :90
OVER SOLD LEVEL:10
4.WILLAMS PERCENTAGE(RLW%)
OVER BOUGHT LEVEL :-20%
OVER SOLD LEVEL:-80%
TIME FRAMES: D1,W1,M1
GREEN DOT:
DMI POSITIVE> DMI NEGATIVE AND
STOCH K>D AND D< OVER BOUGHT LEVEL AND
STOCHRSI D--LINE< OVERBOUGHT LEVEL AND
RLW%< OVERBOUGHT LEVEL
RED DOT:
DMI NEGATIVE > DMI POSITIVE
STOCH K< D AND D >OVER SOLD LEVEL
STOCHRSI D- LINE > OVER SOLD LEVEL
RLW%> OVER SOLD LEVEL
Note: Stochastic_RSI_MTF_basic.mq4 indicator required to be installed within the same folder in Indicators.