Trade Assistant Indicator for MetaTrader 5 is a powerful multi-timeframe tool that integrates three essential indicators: the Stochastic Oscillator, the Relative Strength Index (RSI), and the Commodity Channel Index (CCI). This handy tool lets you see the current trend directions across a wide range of timeframes including M1, M5, M15, M30, H1, H4, D1, W1, and MN1. By using this indicator, you can gain a clearer understanding of trends that matter, no matter which timeframe you choose to focus on. Plus, it's available for both MT4 and MT5, making it a versatile addition to your trading toolkit.
Customizable Input Parameters
- CheckCandle (default = Previous) — Select which candle to check for indicator values, applicable for both display and alerts.
- PercentK (default = 8) — Sets the period in bars for calculating the %K line of the Stochastic indicator.
- PercentD (default = 3) — Defines the period in bars for the %D line of the Stochastic indicator.
- Slowing (default = 3) — Adjusts the value for slowing in the Stochastic indicator.
- RSIP1 (default = 14) — Sets the period for the first (fast) RSI.
- RSIP2 (default = 70) — Defines the period for the second (slow) RSI.
- Enable (default = false/true) — When set to true, the Trade Assistant will calculate and display signals for the chosen timeframe.
- EnableNativeAlerts (default = false) — If true, a native MetaTrader popup alert will trigger when signals converge across any timeframe.
- EnableEmailAlerts (default = false) — If true, you'll receive an email when a confluence of signals occurs. Ensure your email settings are configured in MetaTrader under Tools -> Options -> Email.
- EnablePushAlerts (default = false) — If true, you'll get push notifications when signals converge. Don’t forget to set up your notifications in MetaTrader via Tools -> Options -> Notifications.
- Other parameters — Customize symbol codes for trend direction arrows and their colors.
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