Advanced Currency IMPULSE with ALERT
Ideal Tool for Both Beginners and Seasoned Traders!
This indicator stands out as a superior, cost-effective trading accessory due to its integration of several proprietary elements and a unique formula. It facilitates alerts for all 28 currency pairs using just ONE chart. Imagine the enhancement in your trading as you can accurately identify the initiation of a new trend or a scalping opportunity!
Engineered with advanced underlying algorithms, this tool simplifies the task of spotting and validating potential trades. It visually represents whether a currency's strength or weakness is intensifying and gauges the pace of this change—similar to a car's speedometer. Acceleration in your car means faster movement; similarly, in the Forex market, pairing currencies that are accelerating in opposite directions can signal a lucrative trade opportunity.
Guidance through vertical lines and arrows will navigate your trading decisions! The dynamic Market Fibonacci 23 level acts as a notification trigger and adjusts based on market behavior. If a surge touches the yellow trigger line, you'll get an alert on MetaTrader, email, or as a push notification. This clarity allows you, as a trader, to swiftly decide on your next steps. The currency pair and direction are pre-determined—simply click on the alert to switch pairs or to open a new chart for further analysis. Users can modify the alert level and choose from three sensitivity settings.
Capture the initiation trigger of a new trend early! This tool’s capacity to detect acceleration and deceleration is invaluable for both swing traders and scalpers. For swing traders, it signals the start of a new trend, and for scalpers, it indicates which pairs are poised for movement. Based on feedback from our clients and our own experience, these two indicators are so synergistic they enhance each other’s effectiveness, truly making a case where 1+1=3!
We call it Currency Strength Acceleration, which can be described as speed or impulse. This is formulated from a secret equation that examines the momentum of the base and quote currencies.
Once this indicator is applied to just ONE chart, it not only signals for all 28 forex pairs but also displays historical signals and momentum right on the chart itself.
Features:
- Utilizes the sophisticated approach of Dynamic Market Fibonacci levels, a proprietary technique.
- Each timeframe is independently optimized to ensure precision.
- Offers three sensitivity settings to cater to different trading speeds: slow, medium, and fast.
- Tailors its analysis according to the unique characteristics of each currency.
- Dynamic Market Fibonacci levels are employed to gauge currency strength, adjusting in real-time and historically according to market movements.
- Provides arrows to indicate the direction of currency momentum.
- Features Impulse Sell/Buy Alerts for 28 pairs, emphasizing Currency Strength Acceleration, complete with a button for swiftly changing charts.
- Vertical lines and arrows on the actual chart guide your trading decisions, enhancing clarity.
- Reduces the number of data calls from external pairs, ensuring faster processing.
- Includes automated support charts to expedite data feed from brokers.
- Incorporates buttons for quick chart changes, simplifying navigation and analysis.
Vertical lines and arrows indicating currency momentum will steer your trading decisions!
The dynamic Market Fibonacci 23 level acts as a versatile alert trigger that adjusts to market fluctuations. When the impulse reaches the yellow trigger line, you'll receive a notification on MT4, via email, or through a push alert. As a trader, you'll know exactly what action to take next. The relevant currency pair and its directional trend are provided automatically. Simply click on the alert to switch to that pair or to open a new chart for deeper analysis. You have the flexibility to adjust the alert level and select from three sensitivity settings.
Seize the start of a new trend early! This tool's ability to monitor acceleration and deceleration is invaluable to both swing traders and scalpers. For swing traders, it signals the onset of a new trend, while scalpers can see which pairs are poised for movement. Based on feedback from our clients and our experiences, these two indicators complement each other so effectively that they enhance each other’s performance—creating a synergistic effect where 1+1 equals 3!
Here's an example of the new Impulse version for the M1 timeframe.
How the arrow draws on the chart:
Vertical lines (V-Lines) are utilized to display the sentiment of bullish and bearish currency gaps, though they do not yet serve as alert triggers. While the impulse alerts, indicated by arrows, monitor all 28 currency pairs, the V-Lines are specific only to the currency pair displayed on the current chart.
To effectively use this tool, traders should pay attention to blocks of two or three V-Lines. These clusters can provide clearer insights into market trends and potential shifts in currency strength, allowing for more strategic trading decisions.
The updated display configuration is illustrated below:
The image reflects the display settings, including the minimum trigger value (23) and the value for a vertical line (18), along with the sensitivity settings (slow, medium, fast).
It showcases the strongest upward impulse as denoted by Market Fibonacci values based on the last closed candle. This feature highlights the currency involved and the velocity of the impulse. Similarly, the display shows the strongest downward impulse, providing details about the currency and its speed. Currently, there is no active speed signal being displayed.
The display detailed in the image indicates the current speed metrics for various currencies. Here, the highest positive speed is +22, associated with the Canadian Dollar (CAD), while the lowest speed is -24, linked to the British Pound (GBP). This scenario provides a significant trading signal: the GBP has breached the negative trigger value, recording a speed of -24, which is below the designated trigger threshold of -23.
Indicator Parameters:
=== Indicator Settings
- Impulse Sensitivity: Choose between slow, medium, or fast.
- Line Width for Base and Quote Currency Strength (CS): Increase thickness for the currency pair displayed on the chart.
- Line Width for Other 6 Currencies: Set thickness for the lines of other currencies.
- Dotted Lines for Other 6 CS: Apply dotted style if line width is set to 1.
- Hide Lines for Other 6 CS: Option to display only base and quote currency strength.
- Display Historical Bars: Specify how many past candles the indicator should draw.
- Display Control Buttons: Toggle to show or hide buttons on the chart.
- Show Currency Strength Labels: Enable or disable CS labels.
=== Alert Settings
- New Chart Window for Alerts: Choose to open alerted charts in a new window or in the same window.
- Alert Timing: Specify alerts for live or closed candles.
- CS-Impulse Trigger Level at Market Fibonacci: Set the trigger level (higher means stronger), default is 23.
- sGAP Value for Vertical Lines: Set the strength value for vertical lines, default is 18.
- Draw Arrow for Impulse Alerts: Option to display an arrow when an impulse alert is triggered (NEW).
- Draw Bull and Bear Vertical Lines: Option to display vertical lines for bullish and bearish trends (NEW).
- Display Values in Main or Sub-Window: Choose between main window (0) or sub-window (1).
==== General Alert Settings
- Popup Alerts: Enable MT4 popup alerts which will indicate the strongest or weakest currency, its value, and possible trade pairs.
- Email Alerts: Set up to receive alert emails by entering your MT4 credentials.
- Push Alerts: Receive alerts directly to your phone.
=== Color Settings
- Customize Colors: Adjust the color settings based on your chart background (e.g., change the Euro color if using a white background).
=== Other Settings
- Open Support Charts: Automatically open support charts.
- Run Support Charts on Cross Pairs: Enable support charts for cross currency pairs.
- Arrow Size: Adjust the size of the arrow from 1 to 5.
- Button Font Size: Set the font size for buttons.
- CS Label Size: Adjust the size of currency strength labels.
- Alert Position X and Y: Set the X and Y coordinates for alert positioning.
- Font Spacing X and Y: Adjust font spacing for larger screens.
- Panel Background Spacing X and Y: Set the spacing for the panel background.
- Label Font: Choose the font for labels.
- Maximum Bars for V-Line Display: Set how many bars back the V-Lines should show, with 0 for automatic.
- Arrow and Alert Delay Seconds After Restart: Set the delay for arrows and alerts post-restart, ranging from 3 to 30 seconds.
- CPU Usage Optimization: Set pause on ticks to better manage CPU usage, ranging from 2 to 200.
- Exclude Specific Pairs: Enter a comma-separated list of pairs to exclude from alerts.
- Use PIN for Upcoming Version 2.6: Set PINs for integration with external tools or EA development.
- Force Objects to Subwindow Number: Force objects to a specific subwindow, with 0 for automatic.