Quantum Trading Indicators for MT4 & MT5

The full set of trading indicators from Quantum Trading has been developed to underpin the core methodologies explained and developed in The Complete Forex Trading Program. This unique suite of dynamic tools works at the live edge of the market, providing a powerful and dynamic view of currency flows, strength and weakness, volatility, momentum in the trend, and centred around the concepts of volume price and time. Each indicator is freestanding in its own right, but when combined together, provides traders with an immensely powerful toolkit, demystifying the complex world of forex, and delivering that all important confidence to get in, stay in, and then to exit at just the right time.

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The Quantum Currency Strength Indicator is the starting point for any analysis of the forex market. The indicator disassembles the market into the basic building blocks - in other words the currencies themselves, and shows you instantly, whether a currency is strong or weak, rising or falling strongly, in congestion, or reaching an overbought or oversold condition in all timeframes. Currencies reverse from strong to weak and back again, all the time. It is these turning points which can offer the potential to get into a position early, and take advantage of a reversal in trend. Once a trend is underway, then this is signalled instantly clearly and intuitively with the indicator, and again in all timeframes. Whilst the indicator is immensely powerful in identifying opportunities to enter the market, it is equally powerful in signalling when to stay in, and even more importantly when it may be time to exit.

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The Quantum Currency Matrix indicator is a powerful solution to a complex problem. First, it shows you instantly and clearly the strength of the buying or selling in the 28 currency pairs – in real time. Second, with a single click whether this is reflected across the related pairs. Third, whether this applies to both the base and counter currency of the currency pair you are considering. The indicator has been developed to reveal the complexities of the forex market in real time across all the related pairs, along with the strength of the buying and selling. Whilst it is possible to do this manually using multiple charts, what a manual matrix will not provide is any measure of the relative strength. The indicator does this for you automatically by considering the price action across all the related currency pairs and then deriving the relative strength scores accordingly, quickly and simply in a single ladder.

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The Quantum Currency Array indicator has been developed to identify and display trends and relative trend strength quickly and easily, identifying those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The twenty eight currency pairs are displayed as a fan as they sweep from strong to weak and back again. This gives an instant visual picture of those pairs that are trending strongly, those in congestion and those about to develop a trend, in all timeframes and with one click. In displaying all the pairs in an array, this gives an instant view of their relative trend strength and reveals this relationship in a visual, unique and intuitive manner in three very powerful ways. First, the indicator displays the 28 currency pairs in a ranked list, ordered by the strength of the trend. Second, the indicator displays the same 28 major currency pairs as lines that diffuse out creating the array, with varying magnitudes depending on the strength and inclination of each currency pair’s trend. Finally it instantly reveals divergence across a currency complex.

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The Quantum Currency Heatmap delivers the complex information you need as a forex trader - FAST. In fact so fast it displays a total of 252 chart snapshots, on one screen. That's twenty eight currency pairs in nine timeframes - almost impossible to imagine if displayed in a conventional way. With the indicator, seeing and interpreting this much trading data has never been so easy! The Quantum Currency Heatmap does this by systematically displaying the "hottest" and "coldest" areas of the forex landscape using an intuitive color coding scheme. It's like a thermal imagery scanner, but for forex! Much like its sister indicator, the Quantum Currency Matrix, it assigns a rank to each of the 28 currency pairs, but from data crunched across the time horizon. Currency pairs are then ranked vertically and horizontally to describe strength and weakness in two dimensions. The ultimate heatmap of bullish and bearish sentiment in all timeframes, and at the click of a button.

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The Quantum VPOC (volume point of control) indicator takes the analysis of volume and price to a higher level, which both complements and expands the linear volume price analysis relationship. Whilst the tick volumes indicator considers the relationship between a single volume bar and its associated candle on the price time x-axis or groups of candles and volume bars, the Quantum VPOC indicator analyses the density and intensity of volume over time against price. In other words the volume price relationship on the y axis. It does this in three distinct ways. First, the Quantum VPOC indicator constructs the volume profile from a set number of bars in history to the most current bar. The volume profile is then presented as a vertical histogram shown at the right edge of the chart – a stack of horizontal bars of varying lengths, but of equal height representing the amount of activity at each price level. Second, the indicator analyzes the volume profile to find the key price levels where activity is strong and rising, or weak and falling. Here the indicator looks for peaks (long bars) of the Volume Profile where price tends to be attracted as these are areas where price was previously accepted. These are called High Volume Nodes (HVN). The indicator also looks for troughs or valleys (short bars) of the Volume Profile where price tends to be repelled as these are areas where price was previously rejected. These are referred to as Low Volume Nodes (LVN). Both types of price level act as precise zones of support and resistance and as such are projected across the chart within the given period. Last indicator looks for the Highest Volume Node or the highest peak in the Volume Profile and marks it as the Volume Point of Control – the price level which acts as the fulcrum from which price pivots and duly develops a bearish or bullish trend as price agreement breaks down once more.

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Renko is a well-known Japanese charting technique that removes the aspect of time from the chart. Instead of drawing bars in constant intervals (time) as for a normal chart, a renko chart is built when price moves beyond a predefined price which is defined by you. This is the power a renko chart delivers to you as a trader. It reveals momentum and energy in the market and provides a unique insight to market activity which is then revealed directly on the chart. When the market is fast moving with price moving fast, then the renko bars will also appear quickly, mirroring the speed of the market. In addition, the renko chart smooths out the price action creating trends and waterfalls of bars which are ideal for the intraday scalping trader. But the Quantum Trading indicator has taken the standard renko chart and made it even better. With the Renko Live Charts indicator, not only does it have the standard option to define the renko bar size, but also offers the option to create the charts based on Average True Range (ATR). Using this functionality, the renko chart creates the optimal size bars based on recent price history, and delivering the perfect combination where brick size is determined by the market, and so an optimal setting for trading in all market conditions.

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The Camarilla levels indicator works in all timeframes on both standard and custom charts, and in every market, so can be used to trade stocks, commodities, forex or indices and for both the MT4 and MT5 platforms.

So whether you’re a discretionary trader who prefers swing and trend trading, or a breakout trader who is perhaps more systematic, the Camarilla levels indicator can deliver it all. And to help you when using the indicator we’ve also included some simple messages to guide you as the various levels are approached and tested, including those all important levels for stop loss placement.

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The Quantum Trend Monitor has been designed to for one task. To display trend strength and impending trend weakness. It analyses the price action, and only changes to a transitional color of dark red or dark blue, if the trend is showing a temporary sign of weakness. If it is a true change in trend direction, the indicator will change to a bright color, as the new trend develops. In other words, the indicator does just that. It monitors the strength of the trend. This is displayed as a solid horizontal bar at the bottom of the screen. The trend monitor works in conjunction with the Quantum Trends indicator which works in a faster time horizon, with the Trend Monitor considering price action over a slower time horizon. The indicator is in fact two in one, with a trend line overlaying the trend monitor to provide a view on strength and divergence away from the mean.

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The Quantum Trends indicator is the ‘sister’ indicator to the Quantum Trend Monitor. Together they go hand in hand working together to identify changes in trend, but on a different time horizon. The Trends indicator works very close to the price and therefore reflects any subtle change in trend very quickly. As a result the indicator gives the first signals of pauses and reversals which may ultimately be reflected in the longer term trend, which is where the Trend Monitor then steps in. In other words a match made in heaven.The indicator paints the trend as dots which then change color depending on whether the trend is bullish, bearish or in congestion. Once a new trend starts, the dots change colour dynamically, from blue to red or grey.

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The MT4 platform delivers tick data which the Quantum Tick Volumes indicator then displays in a more elegant and useful way when applying the lessons of volume price analysis. First, the indicator paints the volume bars the same color as the candles on the chart. This means you can quickly match price and volume bars together. If you are trading using volume and price, this is imperative. Your analysis will depend on a fast interpretation of the volume price relationship. Second, the indicator prints a dynamic mid point based on the daily data, giving you an instant picture of whether the volume is high, medium or low in the time frame selected. Again, this is essential for correctly analyzing the price volume dynamic. After all, what is average volume in the London session, may be high volume in the Asian session. The dynamic mid point level reveals this instantly on the indicator, helping you make sense of the highs and lows of each volume bar.

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Pivot points can then be used to identify congestion phases of price action, as they are created dynamically, as well as define trends, again in real time. And of course, not forgetting possible trading opportunities as well. The Quantum Pivots indicator delivers two specific signals based purely on price action. A pivot low, and a pivot high. Both are shown with a yellow arrow. The pivot low is triggered on the candle, when the candles or bars either side have a higher high and a higher low than that in the middle. The pivot high is triggered on the candle, when the candles or bars on either side have a lower high and a lower low. These simple phases of price action then signal potential reversals along with pauses points into congestion, and the development of longer term trends. In congestion phases, the pivots mark the highs and lows of the phase dynamically. In the trend phase, again they mark the upper and lower trend lines as the price action develops.

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Support and resistance is one of the most powerful concepts for the technical trader, and a lynchpin of volume price analysis. Levels and flow is what drives the currency markets, and support and resistance levels define these for us. These price regions are where the institutions buy and sell, creating these natural levels. It is here, that prices pause, and often reverse, giving two benefits in one. First, a great place to get in, and secondly even more importantly, a place to close out, and take profits off the table. And in addition, they provide natural barriers for stop loss placement and management. Whilst these levels can be drawn manually, the indicator delivers these dynamically and in real time, and more importantly within the price action being built, delivering those key levels as price congests and then moves firmly in one direction or another as the trend develops from the accumulation or distribution phase of price action.

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Volatility is a term which is often heard in trading, and indeed is often to be welcomed as it signal price action is moving. However, volatility itself has no direction, it simply means price action is moving outside the 'expected regions' in that timeframe. Volatility general arrives due to the participation or lack of participation of the market makers and insiders, and as such we need to see volatility expressed at the live edge of the market and not historically as with many other indicators. And this is what the indicator does in real time. The Quantum Dynamic Volatility indicator signals this volatility, using average true range. The indicator is constantly scanning the price action for extremes, and when they arrive, are signalled on the chart with a purple arrow, above and below the candle.

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The US dollar is the currency of first reserve and one of the top three in the forex world. In order to track the US dollar on the MT4 platform we have created the Quantum USDX index to provide a more ‘balanced’ view of the US dollar. It has only four currencies and these are all equally weighted, in the same way as with the Quantum JPY indicator. The four currencies are the euro, the pound, the yen and the Aussie dollar, all equally weighted at 25%. The Quantum USDX indicator displays strength and weakness in the US dollar against this basket of currencies. It can be applied to any chart in any timeframe, to give an instant view of the US dollar in global terms.

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The second most important currency in the forex world is the Japanese yen, and with the JPYX indicator, this provides a global view of strength and weakness on a simple index. It has been designed to give you the heads up on where the Japanese yen is heading next, against a basket of four currencies. The index is then constructed using an equal weighting of 25% based on the euro, the US dollar, the Aussie dollar and the New Zealand dollar. Best of all, you can simply attach to the bottom of your chart, and never have to leave your MT4 account. The indicator plots strength or weakness in the Yen, supported by two simple moving averages.

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The euro is the third of our trio of influential currencies in the forex market after the US dollar and the Japanese yen, and whilst the dollar index has been available for many years, an equivalent index for the euro has been hard to find….. until now. The Quantum EURX brings it all to you in your MT4 or MT5 account providing an instant view of the euro against a basket of currencies. If you are trading the euro, either in a major or cross currency pair, this index will help you make sense of the currency and in turn, related pairs. So look no further and invest in one today.

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The US dollar sits at the heart of all the financial markets. It is the currency of first reserve. It is the ultimate safe haven currency, and it is the currency in which all commodities are priced. It is the currency which every forex trader should consider – first! Having a view of the US dollar is paramount in gauging market sentiment, attitude to risk, and money flows into related markets and instruments. If you know which way the USD is headed – the rest is easy. The Quantum DXY indicator gives you that view of the US dollar, directly on your MT4 platform. It is based on a basket of currencies, which was amended in 1999 with the introduction of the euro. To ensure the index works on all MT4 platforms, the SEK currency has been replaced with the Aussie dollar.

• EUR 57.6%
• JPY 13.6%
• GBP 11.9%
• CAD 9.1%
• AUD 4.2%
• CHF 3.6%

The Quantum DXY indicator displays strength and weakness in the US dollar against this basket of currencies. It can be applied to any chart in any timeframe, and will give you an instant view of the US dollar.

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