that this item is associated with YF-Meter. => https://www.mql5.com/ru/market/product/11685
A distinctive feature of the YF-DashBoard panel is the fact that it filters signals by accelerating the cost movement.
Signals are generated if the velocities and accelerations are led in the exact same direction.
additionally, it’s possible to track around three timeframes concurrently for several symbols (up to ten).
The indicator permits you to ascertain the speediest currency pair.
it is very important to evaluate the possible outcomes when launching a position.
If we can identify the fastest rising or falling currency pairs, this will improve the quality of trading.
The idea arose in connection with Newton’s laws, it is different from traditional measurements of volatility.
After processing with a unique filter (the concept of digital signal processing in telecommunications), the speed indicator becomes more stable and directional, so that it can work on any period and timeframe.
It displays the main point values (or the profit value in USD) for a period of time.
A positive rate indicates a bullish trend, while a negative rate indicates a bearish trend.
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The colors indicate the temperatures relative to the speed, showing how fast the currency pairs pass each point.
There are eight levels to determine the speed, and you can also create your own criteria by changing the parameters.
- Mode-select one of the three timeframes to display.
- Fixed_Timeframe – select the timeframe.
- VelocityBaseOnUSD – if true, the data is converted to USD values, different currencies will be evaluated by the same measure.
- Show_Acceleration-display the acceleration of the price movement.
- OpenChart_OnclickSymbol-open a new graph window6 when you click on the symbol name.
- Currencies-select currency pairs to display in the non-panel, to exclude the pair, set the value to “0”.
- VelocityLevels and Colors-Initial settings
- 10 points for a period or less are displayed in black and indicate no movement.
- from 10 to 20 are displayed in blue-blue, there is an obvious, but weak direction.
- from 20 to 30 are displayed in protective blue, it is possible to determine the trend. Consider opening positions in this direction.
- from 30 to 50 are displayed in the color of the sea wave, there is a trend of average strength on the short-term timeframe M1/M5.
- from 50 to 100 are displayed in lime color, there is a strong trend on the short-term timeframe M1/M5/M15.
- from 100 to 200 are displayed in gold, there is a strong trend on the medium-term timeframe M30/H1/H4.
- from 200 to 300 are displayed in yellow, there is a trend on the long-term timeframe H4/D1.
- from 300 to 500 are displayed in orange, the trend will last for a long time on the long-term timeframe D1/W1/MN.
- more than 500 are displayed in red, indicating the occurrence of an extreme event.
- Colors of Words – the color of the displayed characters.
- Alert Function – if the specified speed is reached, an audio alert and a message are sent in a pop-up window at the specified intervals (in seconds).
- Mobile Notification – if the specified speed is reached, a notification is sent to the mobile terminal.
- 10 points for a period or less are displayed in black and indicate no movement.
- from 10 to 20 are displayed in blue-blue, there is an obvious, but weak direction.
- from 20 to 30 are displayed in protective blue, it is possible to determine the trend. Consider opening positions in this direction.
- from 30 to 50 are displayed in the color of the sea wave, there is a trend of average strength on the short-term timeframe M1/M5.
- from 50 to 100 are displayed in lime color, there is a strong trend on the short-term timeframe M1/M5/M15.
- from 100 to 200 are displayed in gold, there is a strong trend on the medium-term timeframe M30/H1/H4.
- from 200 to 300 are displayed in yellow, there is a trend on the long-term timeframe H4/D1.
- from 300 to 500 are displayed in orange, the trend will last for a long time on the long-term timeframe D1/W1/MN.
- more than 500 are displayed in red, indicating the occurrence of an extreme event.
Make sure that all the necessary symbols are available in your MetaTrader 4 terminal, the names of the symbols must be entered correctly.
Some brokers set unique names for their symbols, for example: “EURUSDxxx” does not match the original setting of “EURUSD”.
The display will be successful after you adjust the name.
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