Ultra Wizard MT4
Setting up the indicator.
Show.Values.Only – show only values, without captions;
X_box – table offset along the X axis;
Y_box – table offset along the Y axis;
Fast_EMA – fast EMA (MACD parameter);
Slow_EMA – slow EMA (MACD parameter);
MACD_SMA – simple “moving average” parameter;
K_period – K value of the Stochastic indicator;
D_period – D value of the Stochastic indicator;
Slowing – slowing parameter of the Stochastic indicator;
colorsymbol – color of the currency instrument name;
colortext – color of the caption text;
colorline – color of the lines dividing the table;
colorvalues ??– colors of the indicator parameters;
SignalAlert – enable/disable the sound signal;
SendAlertEmail – send an email to the mailbox when a signal appears.
Application in trading:
This indicator gives clear signals for opening a position, both for buying and selling.
For a buy signal to be formed, the following numbers should appear in the table:
Multi-Info should be greater than 75;
Indice Strength = 7, 8, 9;
Currency Pair Range 7-2, 9-3 (the first digit should be greater);
MACD and Stochastic are green, arrow up.
For a sell transaction:
Multi-Info should be greater than 75;
Indice Strength = 0, 1, 2;
Currency Pair Range 0-5, 2-8 (the first digit should be less);
MACD and Stochastic are red, arrow down.