Histogram market sentiment

This is a model of the market mood analyzer https://www.mql5.com/en/market/product/12833, which displays price movement balance histogram, as well as its current level as a percentage on the current timeframe. Abbreviated names of the indicators used in the balance calculations are displayed to the right. A color shows the market sentiment.

Parameters

• MinBars - amount of calculated bars. The default is 500. 0 - entire history;
• Draws_Lines - enable display of trend strength lines. Enabled by default;
• TrendStrongLevel - "strong" signal level. The default is over 75.00%;
• alert - enable alert;

RSI parameters

• RSI_Period - calculation period. Default is 14;
• RSI_PRICE_TYPE - price used for the indicator calculation: PRICE_TYPICAL;
• coef_rsi - indicator influence ratio. The default is 1;

CCI parameters

• TrendCCI_Period - calculation period. Default is 170;
• EntryCCI_Period - calculation period. Default is 34;
• CCI_PRICE_TYPE - applied price for calculating the indicator: PRICE_TYPICAL;
• coef_cci - indicator influence ratio. The default is 1.2;

Stochastic parameters

• STOCH_K_Period - K line period. The default is 5;
• STOCH_D_Period - D line period. Default is 3;
• STOCH_Slowing - slowing. Default is 3;
• MA_MODE - averaging method: MODE_EMA;
• coef_stoch - indicator influence ratio. The default is 1.0;

MA parameters

• MA_Fast - calculation period. The default is 5;
• PRICE_TYPE_Fast - applied price for calculating the indicator: PRICE_CLOSE;
• MA_Slow - calculation period. The default is 5;
• PRICE_TYPE_Slow - price used for the indicator calculation: PRICE_OPEN;
• MA_MODE - averaging method: MODE_SMA;
• coef_ma - indicator influence ratio. The default is 1;

Heiken Ashi MA parameters (https://www.mql5.com/en/market/product/12790)

• MaPeriod - calculation period. The default is 5;
• MaMetod - averaging method: MODE_SMMA;
• MaPeriod2 - calculation period. Default is 3;
• MaMetod2 - averaging method: MODE_LWMA;
• coef_ha - indicator influence ratio. The default is 1;

Line Mixer parameters (https://www.mql5.com/en/market/product/12798)

• variant - calculation variant. The default is 1. Any other value means the variant 2;
• coef_lm_1_0 - indicator influence ratio. The default is 1;
• coef_lm_3_2 - indicator influence ratio. The default is 0.7;

Ichimoku parameters

• tenkan_sen - period of Tenkan-sen: 2;
• kijun_sen - Kijun-sen period: 5;
• senkou_span_b - Senkou Span B period: 8;
• coef_kumo - indicator influence ratio. The default is 1;

Other parameters

• Color move up - move up color;
• Color move down - move down color;
• Color inscriptions - inscription color;
• Color neutral - neutral color;
• period_ma_1 - midline period from the balance data. Default is 3;
• period_ma_2 - midline period from the balance data. Default is 5;
• period_ma_3 - midline period from the balance data. Default is 2;
• method_ma - averaging method: MODE_EMA.

Each of the indicators has its influence weight ratio in the total position of the balance calculation. This allows the analyzer to receive overbought/oversold signals in time. The attached screenshots contain the images of all indicators with the standard settings used for visual perception of the processed data. only one screenshot displays what you will actually see after launching the analyzer on a symbol.

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