groundbreaking functionality for MetaTrader & TradingView
This is our dedicate page for our Indicator Combine product, which allows multiple indicators to be combined/merged into a single indicator and alert. Also calculates useful statistics for win ratio, profit and draw down for the select stop loss and take profit/exit regime - all updated in real time.
Need help? Wondering how to configure particular indicator? Email us: support@runwisefx.com
This section gives the settings required to allow popular indicators to be added/combined. Fields that are not mentioned are assumed to be default, so recommend clicking New button in Configure Indicator pop-up.
Note: This list will be growing much more over the next few weeks
Indicator Name=Market\ACB Breakout Arrows MT5 | Color Index=0,1 | Hold Secs=*
Indicator Name=Market\ADX Arrow | Color Index=0,1 | Hold Secs=*
Indicator Name=BUYSELL MAGIC | Color Index=2,3 | Hold Secs=* | Null Value=-1
Indicator Name=Market\Currency Strength Trader | Color Index=1,0 | Hold Secs=*
Reference ID=CBB_entry | Indicator Name=Cynthia_BB | Color Index=0,1 | Weighting=2
Reference ID=CBB_exit | Indicator Name=Cynthia_BB | Color Index=3,2
Set exit threshold to 50 and will exit when darker color appears.
Indicator Name=Cynthia_i_Trend | Capture Mode=OpenCloseCross | Color Index=1,0
Note, there are various versions of this indicator, e.g. Cynthiads_i_Trend_RSI_Lines_BOSS_Alerts_HC_rev1_826, all are configured the same but just change Indicator Name accordingly, to match what is on your system.
Indicator Name=Market\Dynamic RSI Pointer | Caputre Mode=OpenCloseCross | Color Index=2,1,0
Note, if wish to treat as oversold/overbought then set Mid
Point=!
(this will reverse the signal)
Indicator Name=Elder_Impulse_MTF | Color Index=1,0
Indicator Name=FGDI | Capture Method=ValueBelowMid | Color Index=1 | Essential for Trade?=YesAndAtStart | Mid Point = 1.5
Note, only works when combined with other indicators that give direction, as this indicator only says if market is trending or not, but not the direction
Indicator Name=Heiken Ashi | Capture Method=OpenCloseCross | Color Index=2,3
Tip: If you would like signal when
two consecutive Heiken Ashi candles
have happened of the same color the add another Heiken Ashi the same but
set Shift=2. Also set Essential for Trade=Yes for both.
Indicator Name=Market\HMA Trend | Color Index=4,5 | Hold Secs=*
Fibonacci_Retracement must be present on the chart, as it draws objects that Indicator Combine will look for.
Indicator Name=OBJ:Price1and2 (use selection list) | Indicator Inputs=Fibo2 | Capture Method=AboveBelowReversal | Shift=0
Important: This indicator operates on
current market price hitting a Fib price target. Therefore, click
CONFIG | Options button and tick
'Use current market price rather than close price' and Save.
Tip:
If you wish to see trade statistics you need to use Strategy Tester with this particular indicator. To help with this, save Fibonacci_Retracement into a Template called 'Tester' and it will be
automatically be added to the chart when running a test with
Indicator Combine selected. Run test in Visual Mode.
Will signal buy when blue line goes above 65 and sell when drops below 35
Indicator Name=FML_Gift1_StoRSI | Color Index=0 | Mid Point=65/35
Indicator Name=Market\FX Trend | Indicator Inputs="X",6,3,"X",1 | Color Index=7 | Mid Point=0
This is an example of where the indicator displays currency strengths in various color index buffers. With capture mode CurrencyDiff, the appropriate indexes will be automatically used depending on the currency pair in question and the setting of input Gen_currencies, which needs to match the order that the indicator allocates color indexes to the currencies, where first currency is index 0. Will signal buy/sell depending on the cross of the currencies.
Indicator Name=Market\FX Power | Indicator Inputs="X",8,"X",1 | Capture Mode=CurrencyDiff | Mid Point=0
Indicator Name=ForexOFFTrend | Capture Mode=OpenCloseCross | Color Index=1,0
This has multiple indicators in one and has separate buy/sell color index buffers for each indicator, i.e. has more than one pair of buy/sell buffer indexes we need to look at. So, we need to add the indicator multiple times with different reference IDs and going through each of the buy/sell buffer buffer pairs, as follows:
Reference ID=GM1 | Indicator Name=GenesisMatrix 2.22 | Color Index=0,1
Reference ID=GM2 | Indicator Name=GenesisMatrix 2.22 | Color Index=2,3
Reference ID=GM3 | Indicator Name=GenesisMatrix 2.22 | Color Index=4,5
Reference ID=GM4 | Indicator Name=GenesisMatrix 2.22 | Color Index=6,7
Indicator Name=Market\Jack Swagger Volatility Ratio | Capture Method=ValueAboveMid | Color Index=0 | Mid Point=0.5
Tip: You can also set 'Essential for Trade?' to YesAndAtStart so doesn't delay entry and cherry picks instead (see cross if entry no good).
Indicator Name=Market\Lighthouse | Input Properties=0,1,5,1,0,0 | Color Index=0 | Capture Mode=ValueAboveMid | Mid Point=0
Note, this indicator doesn't give buy/sell direction, just
whether should trade or not, so needs to be combined with another
indicator that does give buy/sell indication.
Note, we recommend setting Essential for Trade?=YesAndAtStart
as this can cherry pick trades, where waiting for Lighthouse doesn't
delay entry
Note, from our tests Lighthouse doesn't seem to work very
well retrospectively, i.e. when looking back, so stats may show very
few/no trades.
Indicator Name=OBJ:Arrow | Input Properties=tyreloc_up_arrow,225,226 | Hold=*
Note, the indicator must be on the chart of this to work
This uses dots, rather than different arrows, which are blue for buy and sell for red, so need the following:
Indicator Name=OBJ:Color | Input Properties=tyreloc_up_arrow,clrBlue,clrRed | Hold=*
Note, the indicator must be on the chart of this to work
Indicator Name=OBJ:Arrow | Input Properties=AArrow,221,222 | Hold=*
Note, the indicator must be on the chart of this to work
Indicator Name=Market\Noltes Envelope | Capture Mode=OpenCrossClose
| Color Index=2,3,-1
Indicator Name=Market\PipFinite Breakout Analyze | Input Properties="X",4,1000,"X",0,0,0,7,0 | Color Index=0,1 | Hold Secs=*
Indicator Name=Market\PipFinite Trend Laser | Color Index=0,1
Note, if you wanted to change the period input of Trend Laser (say to 5)
then could set Input Properties="X",5
Indicator Name=Market\PipFinite Trend PRO | Color Index=2,3 | Input
Properties="X",3,2,3000,"X",1,0,1,0
Note, if you wanted to change the period input of Trend Pro (say to 5)
then could set Input Properties="X",5,2,3000,"X",1,0,1,0
Indicator Name=Market\PipFinite Trend Strength Meter | Color Index=0,1 | Capture Mode=Default Value |
Min=-4 | Max=4
This incorporates the trend strength directly
into the indicator mix, so maximum strength will give maximum
contribution to indicator combine.
Indicator Name=Market\PipFinite Volt Impulse | Color Index=6,7 | Hold Secs=*
Indicator Name=Market\PipFinite Volume Critical | Color Index=3,4
Tip: If it's takes a little while for other indicators to lineup then can set Hold Secs=-2 to remember Volume Critical signal for 2 bars/candles after signal, as an example.
Indicator Name=Market\PipTick Heiken Ashi MT5 | Capture Method=OpenCloseCross | Color Index=0,3
This indicator places arrow objects on the chart which Indicator Combine can be set to look out for. Note, you will have to add the indicator to the chart yourself.
Indicator Name=OBJ:Arrow (use pop-up selection list) | Indicator Inputs/Properties=PZ123P-,233,234
This indicator places arrow objects on the chart which Indicator Combine can be set to look out for. Note, you will have to add the indicator to the chart yourself.
Indicator Name=OBJ:Arrow (use pop-up selection list) | Indicator Inputs/Properties=PZTA-,233,234
Will filter out trades when market is flat/choppy, i.e. not trending.
Indicator Name=Market\RunwiseFX Market Trending plus Alert | Indicator Inputs/Properties=1 | Capture Mode=ValueAboveMid | Color Index=8 | Essential For Trade=YesAndAtStart | Mid Point=100
To also check color of lines and histogram bars of Market Trending
then add the following two extra instances:
Reference
ID=rwfxTrending1 | Indicator Name=Market\RunwiseFX Market Trending
plus Alert | Indicator Inputs/Properties=1 | Color Index=3,4
Reference ID=rwfxTrending2 | Indicator
Name=Market\RunwiseFX Market Trending plus Alert | Indicator Inputs/Properties=1 | Color Index=5,6
** Note, other boxes should be default, i.e. Capture
Mode=DefaultBuySell | Mid Point box blank | Essential For Trade=No
Indicator Name=Market\runwiseFX Trend Strength | Color Index=1,2 | Shift=0
You can also add an additional instance of the indicator, with a different reference, in order to filter out trades where yellow X is show on indicator window.
Required settings:
Indicator Name=Market\runwiseFX Trend Strength | Capture Mode=ValueAboveMid | Color Index=4 |
Shift=0 | Mid Point=5000
Indicator Name=Stochastics Divergence 3.0 | Color Index=0,1 | Hold Secs=* | Shift=2
The Shift=2 is in order to get reliable stats as indicators
doesn't draw until then. Note, if you just wish to have just hidden divergences then you can
set the following Input Properties:
Indicator Inputs="X",8,3,3,0,0,0,"X",0,0,0,0,"X",0,0,1
Indicator Name=T3MA-ALARM | Color Index=0,1 | Hold Secs=*
Indicator Name=ThickWick | Capture Method=OpenCloseCross | Color Index=0,1
Indicator Name=TMR Level Trend | Color Index=0,1 | Hold Secs=*
Indicator Name=TMR Major Levels | Capture Mode=OpenCloseCross | Color Index=0,1,-1
Will signal buy when close price (denoted by -1 color index) closes above upper resistance line and signal sell when closes below lower support line.
Indicator Name=TDI | Capture Method=OpenCloseCross | Color Index=2,5
Indicator Name=Market\Trend Guess | Color Index=0,1
Indicator Name=Trend Magic | Color Index=0,1
Indicator Name=TMA channel | Capture Method=OpenCloseCross | Color Index=0,2,-1 | Mid Point=!
Note, indicator maybe named slightly differently on your system, so amend Indicator Name to match
Indicator Name=Market\VJ Sniper | Capture Method=Distance | Color Index=0,1