The OQ Trading Trader Plus Bundle includes trading tools made for those looking to further develop their strategies. These include the Advanced Heatmap, True Leverage Calculator and Chart Rotator. These indicators can be used to facilitate simple analysis functions that can be integrated into your strategy.
This is an MT4 indicator made for users looking to measure the movement of one currency agains another. This comparison provides a quick and simple analysis of the market. The data is displayed in a color coded chart according to their movements. This explains how the currency is trading in comparison with other symbols that the user can select. The color intensity, green or red, shows the strength of the move. The color helps the user to identify the major moves and their respective trend, bullish or bearish. This indicator shows 6 symbols compared to each other in 4 time frames, providing a separate chart for each time period.
True Leverage Calculator:
This indicator calculates the real or effective leverage that is being used in the account. Effective leverage is the multiple of your positions value compared to your total account balance. This calculation is done using basic data like your account’s margin, equity and size of open trades.
This tool was made for the trader who wants to keep up to date with the market, without having dozens of charts open at once. The EA Chart Rotator allows the user to select 4 symbols, their respective time period and to specify a number of minutes. With this information, the EA will change the symbol in the first 4 charts open in MT4, after the specified number of minutes. This cycle will continue following the list of symbols specified until the EA is disabled.
Software Requirements: Windows OS, Metatrader 4 platform.