MT5-Alps Multi timeframes trend and momentum indicator

ALPS is a multi timeframes trend and momentum indicator that lets your profits run .

It combines Gator Oscillator, ADX and RSI over multi timeframes in an innovative way.

You can trade with full confidence on a rapid timeframe chart with insight and benefits of trend and momentum over a larger timeframe.

To keep the chart clear and comprehensible, you can toggle any timeframe ON/OFF instantly at any time point.

Different color trend bars mark slow, normal or strong trend based on ADX.

Overbought or oversold based on RSI is highlighted on momentum line.

Ranging or slow trends can be easily identified.

Last but not least, this indicator enables you to better use your screen area to trade more currency pairs at a time .

Parameters

• PRICE
  Applied price (PRICE_CLOSE)
• TF1
  1st timeframe (PERIOD_M1)
  Chart will be set to this smallest timeframe
• TF2
  2nd timeframe (PERIOD_M2)
• TF3
  3rd timeframe (PERIOD_M5)
• TF4
  4th timeframe (PERIOD_M15)
• GatorJawPeriod
  Alligator Jaw period (13)
• GatorTeethPeriod
  Alligator Teeth period (8)
• GatorLipsPeriod
  Alligator Lips period ( 5)
• GatorMode
  Alligator method (MODE_SMMA)
• AdxPeriod
  ADX period (14)
• AdxLow
  ADX Weak Trend level (25)
• AdxHigh
  ADX Strong Trend level (50)
• RsiPeriod
  RSI period (13)
• RsiLow
  RSI Oversold level (33)
• RsiHigh
  RSI Overbought level (66)

The pips value displayed is the difference of maximum and minimum prices of the current chart.

Please have a look at Easy Websocket Library for MT5, if you're a MQL developer
https://www.mql5.com/en/market/product/43649

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