The Fx-PIOT indicator determines the movement direction of a financial instrument using a combined signal: the main signal + 2 filters. The screenshots were taken in real-time mode (/ Date=2017.01.24 / Symbol=NZDJPY / TF=H1 /).

The main signal is displayed as arrows (Up / Down) + possible reversal zones. Calculation is made using the Open, Close, High and Low prices.

Filter #1 is a trend filter determining trend on the D1 time-frame; it outputs a message: "Buy Signal" / "Wait for Signal" / "Sell Signal".

Filter #2 is a trend filter that determines trend using indicators MA / CCI / MACD / ADX / Bulls / Bears / Stochastic / RSI / Force Index / Momentum / DeMarker /. The filter confirms by an alert the possibility of entry when its value exceeds the Signal_Trigger parameter.

You can achieve excellent results when properly using the trend principle of financial symbol price movements.

Main features:

• Three methods for calculating the financial instrument movement.
• Works on the following time-frames: M1, M5, M15, M30, H1, H4, D1.
• Configurable parameters – periods, signal color, positioning of characters, indicator settings, etc.
• Quick calculations.
• Excellent results when combined with Price Action.
• Automated detection of symbol suffix (EURUSD.m, GBPUSDpro, etc.).
• Works on all currency pairs.

You can use signals for Forex trading. The indicator is designed for time-frames Н1, Н4. It may seem that there are not many position entry signals, but you can use the indicator for trading multiple currency pairs simultaneously.

Indicator Parameters

_GenParams_ - "====== FIRST SIGNAL ======="

• PeriodInd - indicator period
• PriceMode - price calculation 0-(High[i]+Low[i])/2.0, 1-Open[i], 2-Close[i], 3-High[i], 4-Low[i], 5-(High[i]+Low[i]+Close[i])/3.0, --------------------------------------- 6-(Open[i]+High[i]+Low[i]+Close[i])/4.0, 7-(Open[i]+Close[i])/2.0
• MAper_Fast - fast MA period
• MAper_Slow - slow MA period
• TyperMA_Fast - fast MA averaging method (MODE_SMA-0, MODE_EMA-1, MODE_SMMA-2, MODE_LWMA-3)
• TyperMA_Slow- slow MA averaging method (MODE_SMA-0, MODE_EMA-1, MODE_SMMA-2, MODE_LWMA-3)
• DistArrow_Buy - the distance between the Buy arrow and the bar
• Color_Buy - the color of the Buy arrow
• DistArrow_Sell - the distance between the Sell arrow and the bar
• Color_Se - the color of the Sell arrow
• DistArrow_Exit - the distance between the Exit character and the bar
• Color_ExitBuy - the color of the Exit character for a Buy position
• Color_ExitSell - the color of the Exit character for a Sell position

Text_Params_ - "====== SECOND SIGNAL ======="

• text_x_offset - distance along X to display the text of filter #2
• text_y_offset - distance along Y to display the text of filter #2
• Buy_color - text color for a Buy position
• Wait_color - the color of a wait text
• Sell_color - text color for a Sell position

Three_Signal - "====== THE THIRD SIGNAL ======="

MACD_set__ - "--- MACD indicator settings ---"

• Fast_EMA - fast moving average
• Slow_EMA - slow moving average
• MACD_SMA - MACD line

Stoch_set__ = "--- Stochastic indicator settings ---"

• K_period
• D_period
• Slowing - Stochastic %parameter

Colors_set__ - "--- Colors settings ---"

• colortext - filter #2 text color

alert_setting - "---alert / Mail / Signal-Control---"

• Signalalert - signal as an alert
• SendalertEmail - an E-mail notification
• Signal_Trigger - filter value for a signal (e.g. 75 - when exceeded, an alert will be generated).
• text_x - X coordinate of the filter text
• text_y - Y coordinate of the filter text
• TextPerc_x - distance of value (%) of the filter along X
• TextPerc_y - distance of value (%) of the filter along Y

Other_Params_ = "====== Other Params ======="

• cCorner - snapping text and filter values to one of the chart corners (0-upper left, 1-upper right, 2-lower left, 3-lower right).