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Joined Dec 2015
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Status: Professional Trader
|269 Posts
Real Currency Power Meter Linear
This is a linear indicator of a currency power (correlation) having the ability to filter by smoothing values. It shows the current power of 8 major currencies, as well as historical values without redrawing. It is based on a custom algorithm. A basic currency pair is used for the calculation basis; the currency pair can differ from the current chart symbol. The result depends on the selected chart timeframe the indicator is launched at and on the basic currency pair. The indicator works with any extended names of standard currency pairs (you should specify the appropriate value in the parameters).
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Joined Dec 2015
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Status: Professional Trader
|269 Posts
Omega Scalping System Trend Histogram
The indicator is a complex four-line histogram. A position can be opened in a certain direction when all dots initially have the same color vertically. A dot color is determined after the current bar is closed and it is never repainted. The initial parameters are set for М15. I recommend using it together with my other Omega indicators.
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Joined Dec 2015
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Status: Professional Trader
|269 Posts
Omega Scalping System Moving Average
The indicator is a complex moving average with possible points of market entry in a specified direction marked on it. Points appear after the current bar is closed and never repaint. The initial parameters are set for М15. I recommend using it together with my other Omega indicators.
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Joined Dec 2015
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Status: Professional Trader
|269 Posts
Omega Scalping System Price Power
The indicator calculates the relative strength of a currency pair over a selected period. The indicator includes a built-in dynamic filter for getting a more "smooth" results, which helps to avoid considerable delays, which are typical of filtration based on moving averages, which however is also used.
The initial parameters are set for М15. I recommend using it together with my other Omega indicators.
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Joined Dec 2015
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Status: Professional Trader
|269 Posts
Omega Scalping System Colored Candles
The indicator paints candles in the color of the probable direction of the current movement. Calculation of the direction is performed for the specified period. The initial data can be not only standard price values of candles, but also values calculated using moving averages (26 types), and also the Heiken Ashi prices.
The initial parameters are set for М15. I recommend using it together with my other Omega indicators.
Choose the periods and calculation methods carefully when using averaging of the initial data. Parameter for calculation of the upward and downward direction are separated to allow for a wider range of possibilities, but it is recommended to use identical values for each direction.
Attention! Not all combinations of parameters give correct results.
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Joined Dec 2015
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Status: Professional Trader
|269 Posts
Extended MACD on chart
Extended version of the MACD (Moving Averages Convergence/Divergence) indicator, moved to the main chart from the "footer" You can use 26 smoothing methods for calculating the moving averages and 16 price types, including the Heiken Ashi prices.
