This utility allows monitoring of multiple symbols and positions on one chart, with one group for long (buy) symbols, and another group for short (sell) symbols. There are 7 default symbol pairs in each of the groups. The user may change these and enter up to 50 symbols from their market watch in either of the long or short basket for viewing.Thank you for reading this post, don't forget to subscribe!
The current display chart can be changed to any of the symbols symbols in the indicator display with a click on the symbol. Statistics including ATR for the chart period, points gained or lost from a weeks start and position gains or losses and lots exposure are displayed. The statistics week may be changed with simple clicks on the display, and the display may be dragged and dropped to a different location. The load on quote processing is kept low by simply posting an event that starts the processing for a display update instead of running the update inline with the quote processing.
Here are descriptions of the main controls and features of the display – The first two lines have the ‘control objects ( full picture below):
“Basket Viewer (wk 0): 2019.05.19 – 2019.05.26”
Click “Basket Viewer” to select the object and drag and drop the panel to a different location on the chart.
Click the first date (2019.05.19) to increment the week being displayed.
Click the 2nd date (2019.05.26) to decrement the week being displayed.
“BUY BASKET Points Bskt_ATR Pos_Prft Pos_lots”
Click this line to highlight the currently selected week on the chart (draws a rectangle over the week). Click a 2nd time to remove the rectangle.
“BUY BASKET” is the list of pairs extracted from the User controllable “Buy Pairs String”. Click the individual ‘pairs strings’ to change the chart to that symbol.
“Points” is the Open of the week subtracted from the close of the week (close – open). This is based on the week selected, (default is week 0, the current week).
“Bskt_ATR” is the atr for the symbol for the week in the chart’s time frame. This is based on the week selected, (default is week 0, the current week).
“Pos_Prft” is the profit or loss from any active trades on the symbol. In the picture, there is a $150.07 profit on GBPJPY. This does not change based on week selected.
“Pos_Lots” is the exposure to the indicated symbol. In the picture, there is a 1 lot exposure shown on GBPJPY. This does not change based on week selected.
As can by seen in the below display, this header is followed by the buy pairs statistics, including a total for the Points, ATR, Prft and Lots columns.
“SELL_BASLET Points Bskt_ATR Pos_Prft Pos_Lots”
This is a repeat of the “BUY Basket” header for the “Sell Pairs String”. There are no event actions for clicking this display line. As can by seen in the below display, this header is followed by the sell pairs statistics, including a total for the Points, ATR, Prft and Lots columns. The totals are opposite from the Buy Basket – for example, profit points are (open – current/close) price for the week, versus (current/close – open) for the Buy Basket.
Clicking on any of the “Symbol Pairs” changes the chart to that symbol pair.
MT4 Indicators – Download Instructions
Basket Viewer-View Statistics on groups of Long and Short Pairs is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.Subway provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install the software?
- Download the mq4 file from the zip file.
- Copy the mq4 file to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on the mq4 file.
- Attach to a chart
- Modify settings or press ok
- Indicator should be available on your Chart
How to remove tim.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: