Channel indicators have one serious drawback - they draw one channel. And when the price breaks
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Fundamental analysis of cryptocurrencies. Design indicators
In the previous review, on-chain metrics were considered - “financial” indicators, multipliers a

FFcal indicator - all the news on your chart
Is it worth displaying auxiliary information on the chart? Controversial question. There is an
Price Peak-designed to search for extremes, places where the price may turn around, and the current trend will change to the
opposite.
The indicator is suitable for any currency pairs, but for an adequate display of the indicator reading, it is necessary that there is enough historical
data for the timeframe on which the indicator is set. It is recommended to install
Price Peak on timeframes from M1 to D1.
In its calculations, it uses 7 methods, the choice of which is responsible for a certain parameter. There are also several methods of
applying volumes, and additional modification of the readings. Thanks to the variety of settings and filters, the indicator can be customized to suit
your trading style, which is an advantage over indicators in which all parameters are hidden under one.
Alerts occur when the histogram of the indicator crosses the dynamic level from the bottom up for the first time on the current or first bar,
depending on the settings.
- Basic settings (Main Settings):
- HistoryBars – the number of bars to display.
- calcMode-select the calculation method: 0, 1, 2, 3, 4, 5, 6.
- VModify-modification of calculations using the tick volume filter.
- MPeriod – the period for calculating the first variable.
- GPeriod – the period for calculating the second variable.
- ShiftVolumeLevel – shift of the volume level. The higher the value, the closer the level is to zero. If the value is 1.0, then
there is no shift. - DynamicLevelPeriod – the period for calculating the dynamic level.
- ShiftDynamicLevel – shift of the dynamic level, if it is set to 100, then there is no shift.
- IndicatorID-ID for displaying the indicator name in the window, and creating objects. When using two
the indicator versions for the same price chart, the IDs should be different. You can add to the indicator name as
option 1, 2, 3…. - Settings for displayingthe Dynamic Level Histogram (Dynamic Level Histogram Settings):
- ShowDynamicLevelHistogram – show the histogram, or not.
- DL_Histogram_Style – the style of the histogram line.
- DL_Histogram_Width – the width of the histogram line.
- DL_Histogram_Color – the color of the histogram.
- Settings for displayingthe Volume Level Histogram ( Volume Level Histogram Settings):
- ShowVolumeLevelHistogram – show the histogram, or not.
- VL_Histogram_Style – the style of the histogram line.
- VL_Histogram_Width – the width of the histogram line.
- VL_Histogram_Color – the color of the histogram.
- VL_Histogram_Color_Max – the color of the histogram when the level is higher than the dynamic level.
- Alert Settings):
- Alerts – if true, the alert is enabled.
- AOnCurrent-if false, the notification occurs at the opening of a new bar, if true, at the current one.
- AMessage-displays the dialog box.
- ASound-plays an audio file.
- AEmail-sending an email to the address specified in the settings window on the “Mail” tab.
- ANotificaton – sending notifications to the mobile terminals.
- soundfile – the name of the sound file.
- HistoryBars – the number of bars to display.
- calcMode-select the calculation method: 0, 1, 2, 3, 4, 5, 6.
- VModify-modification of calculations using the tick volume filter.
- MPeriod – the period for calculating the first variable.
- GPeriod – the period for calculating the second variable.
- ShiftVolumeLevel – shift of the volume level. The higher the value, the closer the level is to zero. If the value is 1.0, then
there is no shift. - DynamicLevelPeriod – the period for calculating the dynamic level.
- ShiftDynamicLevel – shift of the dynamic level, if it is set to 100, then there is no shift.
- IndicatorID-ID for displaying the indicator name in the window, and creating objects. When using two
the indicator versions for the same price chart, the IDs should be different. You can add to the indicator name as
option 1, 2, 3….
- ShowDynamicLevelHistogram – show the histogram, or not.
- DL_Histogram_Style – the style of the histogram line.
- DL_Histogram_Width – the width of the histogram line.
- DL_Histogram_Color – the color of the histogram.
- ShowVolumeLevelHistogram – show the histogram, or not.
- VL_Histogram_Style – the style of the histogram line.
- VL_Histogram_Width – the width of the histogram line.
- VL_Histogram_Color – the color of the histogram.
- VL_Histogram_Color_Max – the color of the histogram when the level is higher than the dynamic level.
- Alerts – if true, the alert is enabled.
- AOnCurrent-if false, the notification occurs at the opening of a new bar, if true, at the current one.
- AMessage-displays the dialog box.
- ASound-plays an audio file.
- AEmail-sending an email to the address specified in the settings window on the “Mail” tab.
- ANotificaton – sending notifications to the mobile terminals.
- soundfile – the name of the sound file.
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23 August 2017
06 July 2019
1.20
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