runwiseFX

groundbreaking functionality for the MetaTrader platform

Standard Indicators

Indicators built-in to our products that can selected without having install anything else. Most are based on standard indicators, but also includes ones proprietary to our products, e.g. rwfxTrendPro. Also, includes Heiken-Ashi. Note, some of the indicators have an applied price input which can be one of close,open,high,low,median,typical,weighted.

Descriptionquick load code

F:ADXcross Details

Will check if +DI/-DI have crossed. Input properties are the ADXperiod,appliedPrice,minDI,minMain. Note, the latter three are optional and can be omitted/left blank. minDI is minimum value of DI and minMain in minimum value of main value. For example, 14,close,25,40 would check that DI's have crossed and the one that has crossed has reached 25 or more and also the main ADX value, which indicates if market is trending, has reached at least 40.

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F:ADXmain Details

Will examine main value of ADX. Input properies are the ADX period. The following settings will only allow trade if ADX value is above the set Mid Point value, e.g. 30. This will filter out trades where the market isn't trending. Higly recommended for trade following strategies. Note, can also specify appliedPrice in inputs, e.g. 14,close, which if left blank will default to close.

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F:ATR Details

Returns Average True Range in terms of average price movement, e.g. 0.0020, would be 20pips (on say EURUSD). Recommend using with capture mode 'ValueBelowMid' to check value is not too high for allowing trades. Set Mid Point to the value which needs to be below.

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F:AwesomeOscillator Details

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F:BollingerBand Details

Input properties are period,deviation,bandsShift. Can also add applied price in comma list of inputs. Will signal buy if price breaks out of upper band and sell if lower band. Can set Mid Point to ! to do oversold/overbought signal, e.g. signal sell if price reaches upper band. Shift 1 will be candle closed price reaching band. Shift 0 will be current price.

Can also specify input properties of period,deviation,bandsShift,appliedPrice,mode e.g. 20,2,0,close,main
This will signal buy if price crosses above mid line, or sell if crossed below. This is reversed if Mid Point is set to !. Note, if set mode to upper than will behave as before.

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F:CCI Details

Input properties are period,appliedPrice. Will signal buy if cci > 0 and sell if cci < 0. Can set Mid Point to 100/-100 for example to signal buy if cci goes above 100 and sell if goes below -100. For reversal, can set Min Point -100/100, e.g. signal buy if goes below -100. Can use capture mode IncDec to signal buy if CCI going up and sell if going down.

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F:DeMarker Details

Will signal buy if DeMarker goes above 0.5 and sell if below 0.5. Can use capture mode IncDec to signal based on slope of indicator. Can be used as reversal if Mid Point set to 0.3/0.7 where will signal buy if oversold (below 0.3) and signal sell if over overbought (above 0.7). Note, in this latter instance could set Capture Mode to OnCross so signals buy (say) when gone below 0.3 to above 0.3.

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F:Envelopes Details

Input properties are maPeriod,maMode,maShfift,deviation. Can also add applied price in comma list of inputs. Will signal buy if price breaks out of upper band and sell if lower band. Can set Mid Point to ! to do oversold/overbought signal, e.g. signal sell if price reaches upper band. Shift 1 will be candle closed price reaching band. Shift 0 will be current price.

Can also specify input properties of maPeriod,maMode,maShfift,deviation,mode e.g. 14,sma,0,0.1,close,main
This will signal buy if price crosses above mid line, or sell if crossed below. This is reversed if Mid Point is set to !. Note, if set mode to upper than will behave as before.

si-bb

F:HeikenAshi Details

Will signal buy if bullish (green) HeikenAshi candle and sell if bearish (red). If Shift box is 1 then will be the most recently closed candle. Can set Indicator Inputs to number of candles check, e.g. to only buy if have had two green candle then set this box to 2. This gives a strong signal. If left blank will just be one candle.

si-ha

F:MACD Details

Will signal buy if MACD value is above 0 and sell if below 0. Can use capture mode IncDec to signal based on slope of indicator. Indicator inputs are fastEMA,slowEMA,MACDSMA,appliedPrice. Note, if appliedPrice not supplied then will default to close.

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F:MACDCross Details

Will signal buy/sell based on MACD main crossing signal. Indicator inputs are fastEMA,slowEMA,MACDSMA,appliedPrice. Note, if appliedPrice not supplied then will default to close.

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F:MFI Details

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F:Momentum Details

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F:MovingAverage Details

Checks close price is above/below moving average. If shift 0 then live price above/below. Can set Mid Point to ! to reverse signal. Can use capture mode IndDec to check slope of line.

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F:MovingAverageCross Details

In the exmaple below it checks fast period (default 8) has crossed slow period (default 24). Full set of support input properties are:
periodFast,periodSlow,maShift,maMethod or
periodFast,periodSlow,maShift,maMethodFast,maMethodSlow or
periodFast,periodSlow,maShiftFast,maMethodFast,maMethodSlow,maShiftSlow,appliedPrice
Where maMethod can be sma,ema,smma or lwma. Note, in last example can miss out appliedPrice and it will default close.

si-max

F:MovingAverage3Cross Details

Looks at three moving average periods and will signal buy when fast period above medium and medium above slow, and visa versa for sell. Input properties are:
periodFast,periodMed,periodSlow,maShift. Can also add appliedPrice - default is close.

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F:OsMA Details

Will return buy if OsMA (Moving Average of Oscillator) > 0 and sell if < 0. If Capture Mode is IncDec then will return buy if OsMA is increasing and sell if decreasing.

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F:ParabolicSAR Details

Will return buy if price is above PSAR and sell if below PSAR.

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F:RSI Details

Can add extra input to set price to use, e.g. setting Indicator Inputs box to 14,typical will use period 14 based on typical price. With Capture Mode is DefaultBuySell it will return buy if RSI (Relative Strength Index) > 0 and sell if < 0. Can set Mid Point to 30/70 if wanted reversal so, buy if below 30 and sell if above 70. Finally, if Capture Mode is IncDec then will return buy if RSI is increasing and sell if decreasing.

si-rsi

F:StochasticCross Details

Checks signal line crossed main

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F:StochasticValue Details

Examines value of stochastic main. With Capture Mode is DefaultBuySell it will return buy if stochastic main crosses above 50 and sell if less than. With capture mode DefaultValue will apply Stochastic main value directly into combine mix. With capture mode IncDec will return buy if Stochastic increasing and sell if decreasing. With capture mode AboveBelowReversal will look at Mid Value that gives an overbought/oversold. Set Mid Point to 20/80 to signal buy if stochactic value goes below 20 and buy if goes above 80.

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F:WillamsPercentage Details

Will return buy if Williams Percentage is above -50 and sell if below.

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F:rwfxDailyRangePrct Details

Returns the percentage that the chart symbol has already moved today of the Average Daily Range/Average True Range (depending how configured via EA inputs). Can be used with capture mode 'ValueBelowMid' to check value is not too high for allowing trades. Set Mid Point to the value which needs to be below.

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F:rwfxMoveMax Details

This is our own indicator that is intended to be used with other indicators to make sure the market has not moved too much before indicators were in agreement. It works by returning how much market moved since moving average cross (default 6 crossing 18), expressed as multiple of the Average True Range. Mid point box gives multiple which is regarded as moved too much.

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F:rwfxPriceAction Details

Will check the candles are correct color for trade. Can set Indicator Inputs to number of candles check, e.g. to only buy if have had two green candles then set this box to 2. If left blank will just be one candle.

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F:rwfxTrendPro Details

Our own trend indicator which we believe is more reliable/stable than a moving average cross (say)

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Direct Chart Object Capture

This section covers our OBJ:* selectable items, which are for use with indicators that place objects directly onto the chart, e.g. rectangles, rather than use color index buffers. Note, these items assume the indicator is on chart, as it will be reading the objects directly from the chart. Note, the Period box setting has no effect as can only read what is on the current chart. Also, no auto optimization with OBJ:* is possible, as again can only use what is already on the chart.

Note, capturing objects directly from the chart isn't compatible with our Dashboard or Matrix products, as they need to capture from multiple time frames / symbols.

Descriptionquick load code

OBJ:Arrow Details

Will examine chart for arrows that an indicator has placed there. The Indicator Inputs is used to specify part of object name to look out for (leave blank for any) followed by buy arrow code and sell arrow code, all comma separated. You can find arrow codes from: link.

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OBJ:Color Details

Will examine chart arrow type objects but will check for color of object, e.g. useful if object is a dot that is the same arrow code for buy and sell except that it is a different color. The Indicator Inputs is used to specify part of object name to look out for (leave blank for any) followed by buy color and sell color, all comma separated. You can find color codes, e.g. clrRed from: link. Note, can set forth input which is type of object, can be one of: VLINE,HLINE,TREND,TEXT,LABEL,FIBO,RECTANGLE,RECTANGLE_LABEL,TRIANGLE,ARROW

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OBJ:Latest Details

Will examine chart for the latest object of specified type, searching up to and including the Shift box setting. Can look at various properties of the object such as it's name, description, color and arrow code. The folling inputs are available: type,property,buy,sell,flags. Type can be one of VLINE,HLINE,TREND,TEXT,LABEL,FIBO,RECTANGLE,RECTANGLE_LABEL,TRIANGLE,ARROW. Property can N=object name, D=object description, C=color, A=arrow code. The property can also contain part of the name need to look for, e.g. CRect would look at object color but only for objects with 'Rect' in their name. The buy is what is needed for buy, e.g. color, text or arrow code and sell is the same for sell. Flags can be F for if fill should be set, e.g. rectangle is filled, H for hollow and 2 means look at time2, e.g. if rectangle then time2 is right most time of rectangle.

Example: If Indicator Inputs is set to RECTANGLE,CRect,clrAqua,clrDarkOrange,F2 then will look for rectangle objects that have 'Rect' in the name and will return buy if latest one is colored Aqua or sell if latest is DarkOrange. The flags of F2 mean the rectangle has to be filled/solid color (not hollow) and will judge latest based on time of right edge of the rectangle, i.e. time2.
Note, the following link as color constants: see list.

si-objl

OBJ:Name Details

Will examine chart for object with name relating to buy or name relating to sell and of specific type of object (default vertical line). First input is name that both buy and sell need to contain and second and third inputs are name that buy and sell need to contain, repsectively. The forth input is the object type, which can be one of: VLINE,HLINE,TREND,TEXT,LABEL,FIBO,RECTANGLE,RECTANGLE_LABEL,TRIANGLE,ARROW

si-objn

OBJ:Price1and2 Details

For use with Capture Mode AboveBelowReversal and will examine object (e.g. Fib) and will use price 1 and price 2 of the object. Returns sell if price cross price 1 of object and buy if crossed price 2.

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OBJ:TextStatic Details

Will examine chart for static text label object and check if is saying buy or sell. Useful for indicators that use a label text object on the chart that indicates buy or sell. Input properties can be used to specify part of the object name to look for and wha text to look for. The default is all label objects and will look for label text containing 'buy' or buy signal and 'sell' for sell signal.

si-obts

OBJ:Trend Details

Similar to OBJ:Color but will look for trend lines placed on chart and will examine color of line to know if buy or sell. Input properties format is the same as OBJ:Color.

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Additional Standard Indicators

This section provides additional standard indicators that are captured by using custom indicators that are supplied with MetaTrader by default, i.e. still don't need to install anything extra.

Descriptionquick load code

Heiken Ashi Close Crossed Moving Average Details

Works by using special color index of -2 which represtend Heiken-Ashi closed price. The Indicator Inputs are for the moving average, which is period,maShift,method. Method is 0 for simple moving average, 1 for exponential, 2 for smooth and 3 for linear weighted. This example is period 14 with maShift of 0 and exponential method.

si-hma

Ichimoku - price beyond Kijun Sen Line Details

Input properties are Tenkan-sen,Kijun-sen,Senko Span B. Will signal buy if price above Kijun Sen Line and signal sell if price below. Uses shift 1 which means candle close price. Note, if interested in Kijun Sen Line being beyond the cloud then set Color Index to 3,2,1 and set Mid Point to ^ instead.

si-ichk

Ichimoku - candle closed beyond cloud Details

Input properties are Tenkan-sen,Kijun-sen,Senko Span B. Will signal buy if candle closes above cloud and sell if closes below cloud.

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ZigZag Details

Input properties are Depth,Deviation,Backstep

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