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Mini Monitor

Introduction

Although every trader develops his or her own unique trading style, we feel traders can use the advantage of quick and simple market indications without the burden of analyzing multiple Forex technical indicators. The goal of this indicator is to give you a bird's eye view of four popular indicators across six time frames.

With this, you will quickly identify what other traders are looking at and what their sentiment about the market may be.

We keep a close eye on the following:

  • MACD
  • Awesome Oscillator
  • Relative Strength Index
  • Stochastic Oscillator

Files

Indicators Folder
IBFX – Mini Monitor.ex4
Last compiled on October 13th, 2009 on MT4 build 225

Download and Installation Process

You have the ability to control the settings for each one of these systems, customizing the Mini Monitor to indicate what you think your competition is looking at.

Step 1: Drag and drop the "IBFX – Mini monitor" from your Navigator's window "Custom indicator" list. You will notice a blue rectangle on the top left corner of the indicator. This is what we call an anchor and was created to allow you to move the display anywhere on your chart.

Step 2: Double click on the rectangle and drag and drop it anywhere on your chart. Once the next tick comes in, the indicator display should reposition itself in the right location.

*This setup will not overwrite any previous version of the tools that was already open source*
*If you want the latest version of the open source tools, make sure to rename or delete them*

Instructional Video

Risk Disclaimer

Our multibank liquidity feed delivers pricing from major money center banks right to your trading platform. In volatile or low liquidity market times, spreads may fluctuate and you may encounter slippage. Please take that into consideration when you are trading during volatile time periods. Fills are not guaranteed, especially during fast-moving market conditions, orders may not be filled as placed, and substantial losses may still occur.

Expert Advisors, Indicators and Scripts are not guaranteed to produce any particular outcome. As a trader, you are responsible for any trades created by any expert advisor you use. It is highly recommended that you use any advisor for an extended period of time on demo accounts and verify that it's producing your desired outcome.

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