Up - buy, down arrow - sell. The information box can be moved to any of the 4 chart corners by changing the settings parameter "Corner" from 1 to 2, 3 or 4. When red is above blue - iPanel will show a red arrow, sell.
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When red is below blue - green arrow, buy. RSI 14 - When RSI reads above 50, it'll be an uptrend and a green arrow up, RSI below 50 - downtrend and the red arrow on iPanel pointing down. CCI - settings for CCI are unknown, unfortunately; my guess it might be 14 or Either way this doesn't prevent us from simply reading CCI signals on iPanel: Red arrow down - sell.
On iPanel, CCI has a special status - it has an additional set of arrows - inclined up and inclined down arrows. These arrows have the following meaning: Inclined arrow up green - CCI is against Selling.
Inclined arrow down red - CCI is against Buying. MACD 12, 24, 6 - remember you can change indicator settings, on the screen shot I put MACD back to standard 12, 26, 9 settings.
MACD signals are the same as for Stochastic - simple lines crossover.
On standard MT4 MACD it'll be a crossover of MACD signal line in red and MACD histogram. When MACD histogram is above zero and MACD signal line is hovering above the histogram - Sell. When MACD histogram is above zero and MACD signal line is trading inside the histogram - Buy. When MACD histogram is below zero and MACD signal line is hovering below the histogram - Buy. When MACD histogram is below zero and MACD signal line is trading inside the histogram - Sell.
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That shouldn't create difficulties, we have: As you can see, iPanel creates aggregated reports across multiple time frames and it sends lots of signals from a set of indicators.
Taking all those signals into account when entering a trade would, most likely, be impractical - there is too much information to digest. An ideal case is when across multiple time frames you have the same signal for any particular indicator: You don't want to sell when you see this signal. Forex traders can develop some easy visual strategies based on this indicator, while for the rest your best bet is to use it as a navigator whenever a quick reference is needed to confirm a trade or double check if "anyone" [indicators] is against your decision.
Unfortunately, it is unknown what formulas and indicators are involved in trend evaluation. Please follow the link: How to install MT4 custom indicators. I have installed Ipanel indicators.. But after installing i am getting red and green "e" instead of an arrow mark as shown in the diagram.. Hi Sam, I probably saw your other message where you also had similar trouble with another indicator.
So, I would now definitely advise trying a platform from another Forex broker. Indicators that were codded for MT4 won't work on MT5 due to differences in the programming language. Hi Alex, Thank you for your restless job and commitment.
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I am so new in this "business" but want to know as much as possible. Everything in here is created in a fantastic way. I want to express my feelings and appreciations to you. You are a great person. Hello, this is Orlando I posted a concern about ipanel saying it is a bad indicator.
I was not aware that one has to also down load http: Thanks to your website, I have become a better trader. I was inspecting the settings for the RSI on this indicator and compared each row of results to their actual indicator.
I found that the RSI arrows respond to a combination of two RSI signals overlapping. The Default settings being an RSIP of 14 and an RSIP of When the RSI 14 crosses above the RSI 70 a green up arrow appears. When the RSI 14 crosses below the RSI 70 a red down arrow appears. I needed two RSI indicators on the same graph to spot this and am wondering if there is a double RSI indicator available. I used white background and the title can't show because white colour.
Good indicator but please tell me why i not see time frames on indicator? Also percentage on trend indicator not show?
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Hi, Thanks for your site and great explanations of the indicators. Is there a way to remove the higher time frames from the chart? I only one the 1M and 5M.
I haven't found the mq4 code yet. The other thing I would change is the display distance on the y axis, since it interferes with the order EA in the upper right corner. I tried dimming the text, but it keeps defaulting to bright, thus obscuring the smiley face.
Hi Thanks for your great descriptions. Is there a way to remove or hide the higher timeframes on the ipanel? Can you change this on the file and put all names in black?
What Indicators traders monitor with iPanel? EMA1 - is a crossover signal from 2 MAs: EMA2 - is a crossover signal from 2 other MAs: How to use iPanel signals As you can see, iPanel creates aggregated reports across multiple time frames and it sends lots of signals from a set of indicators. Hi, Good indicator but please tell me why i not see time frames on indicator? Hi, i am working on white charts so i cant see the font.: