VR MultiPrice Analysis is a professional indicator for synthetic analysis of a currency pair. The program shows the trader the
overall picture of the separateness for each currency that is part of the analyzed currency pair. This analysis helps to determine which
currency is actively bought for other currencies, and which is actively sold. Multi-currency analysis of a financial instrument turns out much better
better and more accurate than the analysis of a single currency pair. VR MultiPrice Analysis clearly shows which currency has buyers or
sellers. The rise or fall of a currency pair can be caused by several strong factors (for example, take the EURUSD pair):
Demo version-works only on a pair of AUDCAD
Demo version-works only on a pair of AUDCAD
- EUR can grow only because everyone is actively selling USD, selling not only for EUR, but also for any other currency.
- The EUR can only grow because everyone is actively buying EUR, buying with any other currency.
- The EUR may rise after the release of important news on the eurozone.
VR MultiPrice Analysis-shows what is really happening. Using the histogram columns, the trader can see situations
when EUR is bought for other currencies, the columns will show the growth of EUR relative to other currency pairs. The trader can also see the growth of the EUR
due to the growth of the EURGBP currency pair, despite the fact that all other currency pairs are moving in different directions. It turns out that the trader
sees not one EURUSD currency pair, but several currency pairs at once, including the EUR and USD currencies.
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Advantages
- High accuracy of the indicator.
- It clearly shows the situation for the selected currency pair.
- It is possible to perform analysis on historical data with the mouse.
- The indicator automatically recalculates forward, reverse and cross rates.
- Suitable for any pair of financial instruments (Forex, Crypto).
- All the information is in front of the trader’s eyes.
- It is easy and easy to install in the MetaTrader terminal.
- A small number of settings.
- The indicator is designed for MetaTrader 4
and MetaTrader 5, there are no differences for terminals. - Suitable for beginners and experienced traders.
- Works on all periods and time frames.
Algorithm of operation
Once installed on the chart, the indicator analyzes the currency pair by dividing it into its component currencies. For example, take the EURUSD pair.
The indicator algorithm splits the pair into the first currency EUR and the second USD. In the next step, the indicator collects data for analyzing currency pairs
that contain EUR and separately collects currency pairs that contain USD. Next, the indicator plots the histogram columns relative to the
selected currencies. The trader can use two vertical lines to select a period in the history to get data in the indicator columns.
Recommendations
- The most accurate and high-quality indicator is the growth of columns for the first currency and the fall of columns for the second.
- Use the indicator in conjunction with your trading strategy
- Confirmation of your buy signal will be the growth of the first currency in several columns of the indicator.
- For purchases, wait for the growth of the columns for the first currency, the fall of the columns for the second currency does not mean that the first currency will grow.
Indicator settings
- Symbol-Currency pair
- Symbol Prefix (_i, .x, .m, _m, …) – Currency prefix
- Time Frame (1M, 5M, 30M…) – Time frame calculation
- Update rate (1000ms = 1 Sec) – Update timer
- Window Height
- Window X Pos
- Window Y Pos
- Title Height
- Colum Width
- Skins
- Background
- Text
- Title
- Upper and pressed
Version for MetaTrader
4
Version for MetaTrader
5
Version for MetaTrader
4 Demo, works only with a pair of AUDCAD
Version for MetaTrader
5 Demo, works only with a pair of AUDCAD
Version for MetaTrader
4
Version for MetaTrader
5
Version for MetaTrader
4 Demo, works only with a pair of AUDCAD
Version for MetaTrader
5 Demo, works only with a pair of AUDCAD
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