This product is a set of tools that help the trader to make decisions, bringing information from different categories that complement each other: trend, support / resistance and candle patterns.
It also has a panel with information about the balance.
The trend has two different calculations and is shown as colored candles. Strategy 1 is longer, having 3 different states: up, down and neutral trend. Strategy 2 has a faster response and has only 2 states: up and down trend.
Support and resistance also has 2 calculation modes (strategy 1 and 2).
Available candle patterns are hammer / shooting star / hanged, engulf and harami.
Parameters:
- Allow trend signal (true/false)
- Use strategy: strategy used to calculate trend (1 or 2)
- Allow Support and Resistance (true/false)
- Use strategy: strategy used to calculate Sup and Res (1 ou 2)
- Period (strategy 1 and 2): period to calculate Sup and Res. Used for strategies 1 and 2
- Delay to refresh (candles,strategy 2 only): time (in candles) to refresh Sup and Res calculations (only for strategy 2)
- Timeframe (strategy 2 only): timeframe used to calculate Sup and Res (only for strategy 2)
- Support line color
- Resistance line color
- Lines style: solid, dashdot, etc
- Lines width
- Allow Candle patterns (true/false)
- Write patterns name on chart (true/false): write patterns name above candles
- Arrow codes: is the code that defines the design of the arrows. The designs available are at: https://www.mql5.com/pt/docs/constants/objectconstants/wingdings
- Allow Hammer/Shooting star (true/false)
- Minimum body size (points): minimum size of candle body in pattern Hammer/Shooting star
- Greater shadow (x body size, at least): how much (multiplier) the largest shadow of the candle needs to be larger than the body at minimum
- Smaller shadow (% max of body size): maximum percent of body size the smaller shadow can be (100% means that the smaller shadow can be up to the same body size)
- Arrow/text color: arrow and text color to the Hammer/Shooting star pattern
- Arrow size: Arrow size to the Hammer/Shootingstar star pattern
- Buy arrow code: code (see the link above) that will set the drawing of the buy arrow to the Hammer/Shooting star pattern
- Sell arrow code: code (see the link above) that will set the drawing of sell arrow to the Hammer/Shooting star pattern
- Allow Engulf (true/false)
- Arrow/text color: arrow and text color to the Engulf pattern
- Arrow size: Arrow size to the Engulf pattern
- Buy arrow code: code (see the link above) that will set the drawing of the buy arrow to the Engulf pattern
- Sell arrow code: code (see the link above) that will set the drawing of sell arrow to the Engulf pattern
- Allow Harami (true/false)
- Arrow/text color: arrow and text color to the Harami pattern
- Arrow size: Arrow size to the Harami pattern
- Buy arrow code: code (see the link above) that will set the drawing of the buy arrow to the Harami pattern
- Sell arrow code: code (see the link above) that will set the drawing of sell arrow to the Harami pattern
- Allow panel (true/false): panel with balance informations
- Text color 1: panel text color
- Text color 2: panel text color
- Text size: panel letter size
