19 buy in 60 days
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VR MultiPrice Analysis is a professional indicator for synthetic analysis of a currency pair. The program shows the trader a general picture of the separation for each currency included in the currency pair in question. This analysis helps determine which currency is mostly bought for other currencies, and which is mostly sold. Multi-currency analysis of a financial instrument is much better and more accurate than the analysis of a single currency pair. VR MultiPrice Analysis clearly shows which currency has buyers or sellers. The growth or fall of a currency pair can be caused by several strong factors (for example, take the EURUSD pair):
VR MultiPrice Analysis shows what is really happening. Using the histogram columns, the trader can see situations when EUR is bought for other currencies, the columns will show the growth of EUR relative to other currency pairs. Also, a trader can see the growth of EUR due to the growth of the EURGBP currency pair, despite the fact that all other currency pairs are moving in different directions. Basically, the trader sees not one EURUSD currency pair, but several currency pairs at once, including the EUR and USD currencies.
Once installed on the chart, the indicator analyzes the currency pair by dividing it into its component currencies. For example, take the EURUSD pair. The indicator algorithm splits the pair into the first currency - EUR - and the second one - USD. In the next step, the indicator collects data for analyzing currency pairs that have EUR in them and separately collects currency pairs that contain USD. The indicator builds histograms on the selected currencies. A trader can use two vertical lines to select a period in the history to get data in the indicator columns.
It is not possible to calculate the indicator's yield since the indicator uses multiple currency pairs for readings.
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Version 20.060 - 14.06.2020
Code optimization for the new terminal build
Version 20.057 - 27.05.2020
At the moment, all plans for the indicator have been implemented. you can leave your proposal in the "Reviews and discussions" section.
For MetaTrader 4
For MetaTrader 5
Question: I don't quite understand the essence of the indicator, can you explain it in the most basic way possible?
Answer: imagine that you are standing in the market and there are two buyers in front of you, one wants to buy EUR and the other wants to buy USD. There are thousands of people in the market who have pounds, lira, gold, and other currencies and valuables in their pockets. All these people came to the market to buy EUR or USD. This indicator will show you which currency - EUR or USD - is more sought after buy all these people.
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