Indicator Matrix User Guide

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 TABLE OF CONTENTS

1 INTRODUCTION ..................................................................................................1
1.1 Document Conventions ..............................................................................1
2 Indicator Inputs ...................................................................................................2
3 Setting Custom Indicator Inputs/Properties.....................................................6
4 Multiple Symbol Support & Changing Position of Box .................................10
5 Examining Indicator Color Indexes.................................................................11
6 Example Settings for Popular Indicators........................................................12
6.1 Candle Painter............................................................................................12
6.2 Centre of Gravity (MetaTrader 5)..............................................................12
6.3 CCIVolumetric ............................................................................................12
6.4 Custom Moving Averages.........................................................................12
6.5 Free Timing (MetaTrader 5).......................................................................13
6.6 Heiken Ashi (MetaTrader 4) ......................................................................13
6.7 Heiken Ashi (MetaTrader 5) ......................................................................13
6.8 PipFinite Breakout Analyzer .....................................................................13
6.9 PipFinite Energy Beam..............................................................................13
6.10 PipFinite Exit Scope ..................................................................................14
6.11 PipFinite Razor Scalper.............................................................................14
6.12 PipFinite Strength Meter ...........................................................................14
6.13 PipFinite Swing Control ............................................................................14
6.14 PipFinite Trend Laser ................................................................................14
6.15 PipFinite Volume Critical ..........................................................................15
6.16 PreviousTwoBarsV4 ..................................................................................15
6.17 RSI (above 70/below 30 or as reversal) ...................................................15
6.18 Stochastic (signal crossing main) ...........................................................15
6.19 Stridsman ...................................................................................................16
6.20 TDI (Reversal Strategy) .............................................................................16
6.21 Tipu Heiken Ashi Pro (link on MetaTrader Market).................................16
6.22 Tipu Impulse Oscillator (link on MetaTrader Market) .............................16
7 CONTACTS ........................................................................................................17
1 INTRODUCTION
This document covers how to configure the runwiseFX Indicator Matrix that will
display a matrix multiple indicators across multiple timeframes, with an optional alert

1.1 Document Conventions

The following icons are used to throughout the document:

Take note – try to remember

Very import to take note of and remember - could cause undesirable

results if ignored

Top tip – shortcut or other useful information that can make the system
easier to use

Advanced feature/subject – can skip over when you are first learning
how to use the system

Technical ‘behind the scenes’ detail that you don’t strictly need to know
but maybe interested in

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2 Indicator Inputs
Don’t worry if you don’t understand something we can help!

Variable Description

Threshold at which alert will happen, e.g. if set to

Important_alertThresholdPercentage 75 would mean 75% of indicators would need to
agree for alert on the timeframe

If true then will only alert when all selected

timeframes match, i.e. each alert ticked timeframe
has reached Important_alertThresholdPercentage.
Important_alertOnlyWhenAllSelectedMatch
If false (default) the will alert each timeframe
individually.
Note, see Main_alertAllResetLevel input as well.

Set to 1 if alert should be on by default. Values are

Important_defaultAlerts
comma separated for each timeframe.

Periods (timeframes) to show. Values are comma

Important_periodsToShow
separated.

Symbol to show information for. If blank will be the

Important_symbol
symbol of the chart.

Number of timeframes that need to have gone the

other way before ‘alert all’ will happen again. This
is used when
Important_alertOnlyWhenAllSelectedMatch is true.
If decrease the value then we re-alert more often.
If value matches number of timeframes set to alert
then all timeframes will have to have gone the
Main_alertAllResetLevel
other way before alert could happen again.
For example: If set to alert on M5,M15,M30 and
this input is at 2 then will re-alert if M5 and M15
(say) went the other way and then came back.
However, if this input is set to 3 then M30 would
have to have go the other way as well before
another alert could happen later on.

Percentage of indicators that need to go to

opposite direction for an alert reset, which will
Main_alertResetForTimeFramePrct allow another alert to happen if comes back to
original direction for a particular timeframe. For
example, if set to 50 then if have buy alert then will
need to see 50% or more indicators go to sell for

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 Variable Description

another buy alert to happen later on. If negative

value supplied then looks at percentage of
indicators that are in agreement and will reset if
drops below that level. For example, if set to -90
then if 90% or less indicators are no longer in
agreement for buy (say) then would permit
another buy alert if came back to being in
agreement.

Name of indicator as appears in the Navigator

Customn_indicatorName panel in MetaTrader. If from Market then will need
to include that sub-folder, e.g. Market\ADX Arrow

What the indicator should be called when

displayed in the matrix. Can be left blank and will
just be truncated indicator actual name. Note, if
Customn_indicatorDisplayAs
name starts with !! then will print indicator value for
various shifts and for the supplied color indexes,
which can be many comma separated.

Allows indicator properties to be set that are

different to the default. Should be comma
separated and in the same order as they appear in
Customn_indicatorProperties
the Indicator Inputs tab. Only need to specify up to
the one you want to change. See section 3 for
more guidance.

Color index of the indicator to be used to work out

if buy or sell should be shown in the matrix. Can
be comma separated if one index is used for buy
Customn_colorIndex and a second for sell. In this case the buy index
should be put in first. Four values can also be
specified; first two for buy and second two for sell.
If -1 is specified then will use current market price.

The offset from the live candle for the indicator

value to b used. If 0 then will value from live
(latest) candle, else 1 would be candle just closed,
Customn_shift
etc. Most indicator are fine to 0 but indicators that
do not draw on the live candle may require 1 to be
set here.

Used if single color index is supplied and

Customn_midPoint
caputreMethod is default. The variable gives mid
point that represents the transition from buy to sell

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 Variable Description

and visa versa.

Null value is used if more than one color index is

supplied and gives the value that indicator has
when the color is NOT shown. AUTO means will
look for either 0 or EMPTY_VALUE. EV means will
look for EMPTY_VALUE. A setting of -1 may be
Customn_nullValue required for a small minority of indicators. Note,
EMPTY_VALUE is the official value indicators are
supposed to use to not display the color of the
index. However, not all indicators abide by this –
hence AUTO. With some indicators you made
need to set this to -1.

Gives the capture method, i.e. how the color

indexes are interpreted. Here are the possible
values:-

Default: Looks at value of one or more color

indexes and sets buy/sell based on that value
crossing mid-point, or if 2 colors indexes supplied
then whichever buy or sell index is not null.
Distance to Not Null: Searches through the chart
look for most recent dot/arrow (say) for supplied
buy and sell color indexes, i.e. which candle the
buy/sell index is not null.
Use Not Null With Mid Point: Looks at supplied
Customn_captureMethod
color indexes and uses the value from whichever
index is not null and sees if crossed mid point.
Open and Close: Treats supplied color indexes
as open and close prices and sets buy/sell
depending if bullish or bearish candle.
Increasing/Descreasing: Looks at supplied color
indexes and uses the value form whichever index
is not null. Will regard as buy if latest values show
increasing value and sell if latest values show
decreasing.
Reversal: Will signal buy when first color index
crossed below 2nd index and signal sell when
cross above 3rd index.

Allows the standard indicators to be turned on/off,

Show_* in terms of being in the matrix and contributing to
the alert

Box_* Allows the position of the matrix to be changed

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 Variable Description

Allows the properties of the standard indicators to

Property_
be changed, e.g. period of moving average

Gen_alert* Allows the alert to be sent to mobile / email

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3 Setting Custom Indicator
Inputs/Properties
It’s possible to specify custom indicator inputs, e.g. to turn alerts off, remove
unnecessary items the indicator displays or adjust settings. The inputs need to be
supplied comma separated. If left blank then the defaults of the indicator will be used.
If specified then should be in the order they are listed in the Inputs tab of the
indicator. You only need to specify up to the ones you want to change.

Any text type inputs (denoted by ) should be specified in double quotes. Usually
they are only comments, so can often just put "X".

Any boolean true/false inputs (denoted by ) should be replaced with 1 for true and
0 for false

Any drop-down selection lists (denoted by but this is also used for integer
numbers) should be specified with the item number in the list, where top item in the
list is 0, second one down is 1, and so on

Any colors (denoted by ) should be specified as a number. Usually, colors are just
used visually when the indicator is loaded on the chart. So, as we are just interested
in capturing indicators values you can usually just put 0.

Any numbers (denoted by (but also used for selection lists) or ) can be
specified as is. Include any leading zeros, e.g. put 0.3 rather just .3

If you do need to set color type input and unsure of the value then
recommend saving set file via Save button on MetaTrader inputs tab,
as shown in the examples below. You can then open that file in a text
editor (e.g. Notepad) and you will see something along the lines of
Color_bull_1=15128749, which gives the integer value for the color
that was set in the dialog.

When you’ve set the inputs read through them carefully at least three
times to make sure not missed one out, or put one in twice, etc. Be
careful that only string inputs have double quotes.

HERE ARE SOME EXAMPLES OF SETTNG INDICATOR INPUTS

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Example 1: Turning off alerts on PipFinite Strength Meter. The inputs for the
indicator are as follows:

The indicator input properties to turn the display and alert off would be:
"X",7,1000,"X",0,0,7,"X",0,0,0,0,0,0,0,0,"X",0
As you see it was only necessary to give inputs up to ‘Enable Pop-Up Alerts’. The
inputs ‘Show Info’ and ‘Show Level Text’ where set 0, i.e. false, as that won’t affect
value captured but will reduce processor load/unnecessary items displayed

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Example 2: Turning off alerts for VJ Sniper:

The indicator input properties to turn alert off would be:

"Current",56,0,2.7,100,0,5000,5,3,3,6,14,14,14,5,7,14,17,0
Note, string input TimeFrame is not a comment so did actually have to put "Current"
Note, with this indicator setting AlertsOn input to false (0) is sufficient.

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Example 3: Turning off alerts is PipFinite Energy Beam:

The indicator input properties to turn alert off would be:

"X",7,1,1000,"X",1,"X",1,"X",0
Here there are a couple of drop-down selection lists for Filters and Color Scheme
inputs. Filters is set to 1 because ‘6 (Confirmed + Average Lag)’ is second item down
in drop-down list and the same for Color Scheme. Although, Color Scheme would not
affect indicator value captured.

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4 Multiple Symbol Support & Changing
Position of Box

To achieve the above, add multiple instances of the indicator to the chart, using a
different setting for the Important_Symbol indicator input for each of the symbols
you wish to show. Also vary the Box_X and possibly Box_Y inputs, as appropriate,
in order to position the matrixes next to each other.

Once you are happy with the layout you may wish to save it to a MetaTrader
template.

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5 Examining Indicator Color Indexes
If you are struggling to work out the color indexes to use, you can get them printed
out in the Experts tab on MetaTrader. This can be achieved by adding ‘!!’ to
Customn_indicatorDisplayAs.

The color indexes supplied Customn_colorIndex (which can be many – comma

separated) will be printed for shifts 0 to 9. Note, shift 0 is the live candle and shift 1 is
the candle just closed. The values are outputted comma separated in the same order
as Customn_colorIndex. If you see ‘EV’ in the output then that stands for
EMPTY_VALUE, which is the official value a color index should be set to if the color
is not to be shown.

The values appear in the Experts tab in the Terminal panel of MetaTrader. This
happens when the indicator is added to the chart or the properties changed.

When you no longer require the values to be outputted you can remove the !! from
the indicatorDisplayAs.

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6 Example Settings for Popular Indicators
Let us know if you would like us to add an indicator to this list. Note, any settings
not mentioned should be left at default.

6.1 Candle Painter

Customn_indicatorName=Market\Candle Painter
Customn_indicatorDisplayAs=CP
Customn_colorIndex=1,0
Customn_shift=1
Customn_captureMethod=Open and Close

6.2 Centre of Gravity (MetaTrader 5)

This is a reversal type indicator where will signal buy when price crosses lower line
and signal sell when crosses upper line.

Customn_indicatorName=Market\Centre of Gravity
Customn_indicatorDisplayAs=COG
Customn_colorIndex=-1,3,4
Customn_shift=0
Customn_captureMethod=Reversal

6.3 CCIVolumetric
Customn_indicatorName=Market\ CCIVolumetric
Customn_indicatorDisplayAs=CV
Customn_colorIndex=0
Customn_shift=1

6.4 Custom Moving Averages

First example is period 70 EMA increasing/descreasing. Note, that third value in
indicatorProperties needs to be 1 for EMA, as 2nd item in drop-down:

Customn_indicatorName=Custom Moving Averages

Customn_indicatorDisplayAs=CMA
Customn_indicatorProperties=70,0,1
Customn_colorIndex=0
Customn_shift=0
Customn_captureMethod=Increasing / Decreasing

Second example is period 30 SMA price crossing. Note, color index of -1 represent
current price. The capture method of Open Close covers values crossing each other
as well.:

Customn_indicatorName=Custom Moving Averages

Customn_indicatorDisplayAs=CMA2
Customn_indicatorProperties=30,0,0
Customn_colorIndex=0,-1
Customn_shift=0

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Customn_captureMethod=Open Close
Note, last example requires V2.8+ of Indicator Matrix

6.5 Free Timing (MetaTrader 5)

This is a reversal oversold/overbought type indicator where will signal buy when
indicator crosses below 20 and signal sell when crosses above 70.

Customn_indicatorName=Market\Free Timing
Customn_indicatorDisplayAs=FT
Customn_colorIndex=0
Customn_shift=0
Customn_midPoint=20/70

6.6 Heiken Ashi (MetaTrader 4)

Customn_indicatorName=Heiken Ashi
Customn_indicatorDisplayAs=HA
Customn_colorIndex=2,3
Customn_shift=1
Customn_captureMethod=Open and Close

6.7 Heiken Ashi (MetaTrader 5)

Customn_indicatorName=Examples\Heiken_Ashi
Customn_indicatorDisplayAs=HA
Customn_colorIndex=0,3
Customn_shift=1
Customn_captureMethod=Open and Close

6.8 PipFinite Breakout Analyzer

Customn_indicatorName=Market\PipFinite Breakout Analyzer
Customn_indicatorDisplayAs=PFBA
Customn_indicatorProperties="X",4,1000,"X",0,0,0,7,0
Customn_colorIndex=0,1
Customn_shift=1
Customn_captureMethod=Distance To Not Null
Customn_nullValue=EV

Changing properties of Breakout Analyzer:

To prevent the indicator from alerting itself you can set:

Customn_indicatorProperties="X",4,1000,"X",0,0,0,7,0,2,2,8,"X",0,0,0,0,0,"X",0

6.9 PipFinite Energy Beam

Customn_indicatorName=Market\PipFinite Energy Beam
Customn_indicatorDisplayAs=PFEB

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Customn_colorIndex=3,6
Customn_shift=1

6.10 PipFinite Exit Scope

Customn_indicatorName= Market\PipFinite Exit Scope
Customn_indicatorDisplayAs=PFEB
Customn_colorIndex=3,2
Customn_shift=0

6.11 PipFinite Razor Scalper

Customn_indicatorName=Market\PipFinite Razor Scalper
Customn_indicatorDisplayAs=PFRS
Customn_colorIndex=3,4
Customn_shift=1
Customn_captureMethod=Distance To Not Null

6.12 PipFinite Strength Meter

Customn_indicatorName= Market\PipFinite Strength Meter
Customn_indicatorDisplayAs=PFSM
Customn_colorIndex=0,1
Customn_shift=1

Changing properties of Strength Meter:

To prevent the indicator from alerting itself you can set:

Customn_indicatorProperties="X",7,1000,"X",0,0,7,"X",0,0,0,0,0,0,0,0, "X",0

6.13 PipFinite Swing Control

Customn_indicatorName=Market\PipFinite Swing Control
Customn_indicatorDisplayAs=PFSC
Customn_colorIndex=0,1
Customn_shift=1

Changing properties of Swing Control:

To prevent the indicator from alerting itself you can set:

Customn_indicatorProperties="X",5,5,1000,"X",0,"X",0,0,0,0,"X",0

6.14 PipFinite Trend Laser

Customn_indicatorName=Market\PipFinite Trend Laser
Customn_indicatorDisplayAs=PFTL
Customn_colorIndex=0,1

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Changing properties of Trend Laser:

Note to prevent the indicator from alerting itself you can set:
Customn_indicatorProperties="X",3,1000,"X",1,7,1,2,15,8,1,"X",2,1,"X",0

To both change period to 5 (second comma separated value) and turn off alerts:
Customn_indicatorProperties="X",5,1000,"X",1,7,1,2,15,8,1,"X",2,1,"X",0

6.15 PipFinite Volume Critical

Customn_indicatorName=Market\ PipFinite Volume Critical
Customn_indicatorDisplayAs=PFVC
Customn_colorIndex=3,4

Note, just works on extreme over sold, over bought. If over bought (say) the will show
down arrow to indicate possible reversal.

6.16 PreviousTwoBarsV4
Customn_indicatorName=PreviousTwoBarsV4
Customn_indicatorDisplayAs=PTB
Customn_colorIndex=0,1
Customn_indicatorProperties=0,0,0,0

6.17 RSI (above 70/below 30 or as reversal)

Customn_indicatorName=RSI
Customn_indicatorDisplayAs=RSI
Customn _colorIndex=0
Customn_indicatorProperties=14
Customn_midPoint=70/30

Note, the above will alert buy if over 70 and sell if under 30. If want to alert sell if
above 70 and buy if below 30 then set mid point to 30/70. To change period of RSI
then just change the 14 to value you require. Will work with other similar indicators
such as CCI.

For MetaTrader 5 replace Customn_indicatorName=RSI with

Customn_indicatorName=Examples\RSI

6.18 Stochastic (signal crossing main)

Customn_indicatorName=Stocastic
Customn_indicatorDisplayAs=STC
Customn_colorIndex=1,0
Customn_captureMethod=Open and Close

The Open and Close capture method gives buy condition if first color index is greater
than second color index, and sell if visa versa.

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6.19 Stridsman
Customn_indicatorName=Stridsman
Customn_indicatorDisplayAs=SM
Customn_colorIndex=3
Customn_midPoint=500000

Note, although this indicator has two color indexes, it always shows green color
(index 2), i.e. always set, but the red appears on/off over the top of it. Therefore, just
need to consider red color (index 3) which is a large value if not set else lower if set,
i.e. < 500000.

6.20 TDI (Reversal Strategy)

Will signal buy when green line(color index 4) goes above upper blue (color index 1)
and sell when goes below lower blue (color index 3).

Customn_indicatorName=TDI
Customn_indicatorDisplayAs=TDI
Customn_colorIndex=4,1,3
Customn_shift=1
Customn_method=Reversal

Note, if you have AT_TDI version of this indicator, which uses different color indexes
for the same thing, then set Customn_colorIndex=3,0,2

6.21 Tipu Heiken Ashi Pro (link on MetaTrader Market)

Customn_indicatorName=Market\Tipu Heikin Ashi Pro
Customn_indicatorDisplayAs=THAP
Customn_colorIndex=2,3
Customn_shift=1
Customn_method=Open and Close

6.22 Tipu Impulse Oscillator (link on MetaTrader Market)

Customn_indicatorName= Market\Tipu Impulse Oscillator
Customn_indicatorDisplayAs=TIC
Customn_colorIndex=0,1

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7 CONTACTS
Runwise Limited
The Tramshed
Walcot Street
Bath
BA1 5BB
United Kingdom

Email: [email protected]
Web: www.runwisefx.com

END OF DOCUMENT

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