So, if we click on the MarketWatch button, the MarketWatch indicator is going to appear. We have 5 tabs to explore.  

Here’s what the first tab, Performance, offers. It provides traders with a table with a watchlist consisting of a set of instruments, the current price, the % prices’ changes in different timeframes (Daily, Weekly, Monthly, YTD and previous Year), the volatility and the drawdown from the highest price of all the available history. 

InvestorHubFx Marketwatch, by default, is showing the first 20 symbols of the MT5 Marketwatch. One can create different sets to view their respective performance. You can change the number of the symbols from the settings, by pressing F7 (maximum 100 symbols allowed). In the MT4 you can now load up to 100 symbols on your watchlist. The pages are displayed in the upper right corner of the screen. 

By clicking on a symbol, a new tab is created with its graph and also the InvestorHubFx Info Indicator, which displays useful information about the spread and your personal trading performance of this asset, combined with the overall trading performance as you can see below.  

In the MT5 version you can also see the graph of your overall profits combined with your profits of the selected symbol (this feature is not available on MT4).  

If you click on a symbol’s DD value, a new chart appears with the Drawdown graph. This graph is related to the selected timeframe. At first, the new chart is going to be loaded on the same timeframe you are using on the Navigator, but you can change it if you want to have a long/short period view. 

Here is how the InvestorHubFx DD indicator looks like (example of EURUSD D1): 

Finally, if you click on the “Trade” button, a new chart will open with the InvestorHubFx Trade Manager tool loaded. We will analyze this tool in another topic. For now, let’s say that it will try to take your trading experience one step further. 

In other words, it’s an item that is going to always fall somewhere between point A and point B. 

More specifically, an oscillator will usually signal “buy” or “sell” with the only exception being instances when the oscillator is not clear at either end of the buy/sell range. 

InvestorHubFx Marketwatch/Oscillators displays the oscillators’ values in the preferred time frame. Traders can change the settings of the Oscillators on the ‘Settings’ box on the right side.  

Traders set up the levels of overbought and oversold levels, so the OB/OS Summary displays the result as described below: 

– Overbought summary, when RSI and Stochastics meet the criteria accordingly (e.g. RSI is higher than 70 level and Stochastics is higher than 80 level).  

– Oversold summary, when RSI and Stochastics meet the opposite criteria (e.g. RSI is lower than 30 level and Stochastics is lower than 20 level). 

– Neutral summary, when one of both Oscillators doesn’t meet the OB or OS criteria. 

By clicking on a symbol’s name (as always) the new chart will give you the two indicators as you have set them, for live monitoring. In the MT4, we created a new Indicator in order to show both RSI and Stochastic. 

MT4 InvestorHubFx OBOS Indicator 

InvestorHubFx Navigator has defined the following setups for Strong Buy to Strong Sell in its trend summary.  

– Price is higher than the fast MA and medium MA is higher than slow MA, then it is Strong buy. 

– Price is lower than the fast MA and medium MA is higher than the slow MA, then it is Buy. 

– Price is lower than the fast MA and medium MA is lower than the slow MA, then it is Strong Sell. 

– Price is higher than the fast MA and medium MA is lower than the slow MA, then it is Sell. 

If you click on a symbol’s name a new chart is going to pop-up with the InvestorHubFx Trend indicator that displays the 3 MAs from the trend settings. This way you’ll be able to see the MAs you have selected. The slow MA is painted with 4 different colors in order to help you identify the signal from the specific bar. 

– Dark Green for the Strong Buy signal 

– Light Green for Buy 

– Orange for Sell 

– Red for Strong Sell 

This will help you understand better if a combination of MAs is helpful for the selected symbol and if it can provide useful info about when to enter (or exit) the market. 

You can select if you would like to view the Daily, the Weekly, the Monthly or a Journey from a specific custom starting and ending date.  

In the above example we choose to view the Daily Price Journey of three symbols. USOIL, CAC40 and NETH25.  

When we click the Calculate button, the following graph pops-up. 

Each symbol has its own color in order to help us analyze the graph. We can see the starting line in a green color and the date of the selected starting point. 

Below you can see an example where we selected three different assets to view their Rolling Volatility Journey. In the MT4 Rolling Volatility and Rolling Correlation have a new functionality where if you click on a symbol’s name (or pair of symbols in the RC) you can see the mean and 2 standard deviation lines. It’s always calculated using daily data even if you choose to use a lower timeframe. (The D1 timeframe is the default and the best to use)  
Starting Date: 2022.05.02 

Tip: Click on the mousewheel in order to use the crosshair tool. This will help you see the values of a specific datetime.  

MT4 version where we can display the mean and the standard deviation of each symbol by clicking on the symbol’s name. 

By default, it shows the first 20 symbols on your watchlist at the selected timeframe. You can click on specific categories in order to filter out the results (crypto, forex, indices and more). You can change the maximum symbols and the lookback period of the correlation from the dashboard.  

In MT4 the Correlation Matrix can be found in the main MarketWatch window on the chart that is using the InvestorHubFx Navigator. 

We can easily spot when there is a high correlation between two assets, from the color. Dark green for the positive correlation and red for negative correlation. Also, the most correlated pair of each line is highlighted with a yellow border. 

You can select up to ten pairs, and by clicking the R. Correlation button, the Rolling Correlation Indicator will open. The starting and ending date can also be selected from the Correlation dashboard. The correlation is always related to the selected timeframe. (Example below: D1) 

In MT4 we have mean and standard deviation lines when clicking on a pair label as shown below.  

Short-term moving averages crossing above longer-term moving averages is generally seen as bullish and short-term moving averages crossing below long-term moving averages is generally seen as bearish. 

InvestorHubFx Marketwatch/Trend displays the trend in the preferred time frame. Its default settings are the following: 

MT4 

– Fast MA period: 14 

– Medium MA period: 50 

– Slow MA period: 200 

MT5 

– Fast MA period: 20 

– Medium MA period: 50 

– Slow MA period: 200 

Traders can change the settings by the Settings’s box or by clicking on F7 and adjusting the parameters there. 

SMAs’ default settings 

– If the current symbol’s price is higher than the fast MA (e.g. MA20), then its box is green, otherwise it’s red. 

– If medium MA (e.g. MA50) is higher than slow MA (e.g. 200), then its box is green, otherwise it’s red. 

Moving averages are one of the oldest and most commonly used technical indicators. They have become a staple part of many trading strategies because they’re simple to use. In a few words, they “smooth out” fluctuations to help you distinguish a trend. Mainly, traders are using the following 3 types of MAs.

By clicking F7 or right clicking on the chart and clicking on the InvestorHubFxNavigatorEA, traders can select Moving Average type among “Simple”, “Exponential”, “Smoothed” and “Linear weighted”.

Moving average trading refers to the practice of systematically buying and selling whenever the price crosses its average. The idea is that prices move in trends such that at each point in time the price is either in an uptrend or in a downtrend. An uptrend is defined as when the price is above its moving average and a downtrend is defined as a period where the price is below its moving average.

For example, the 5-day SMA is calculated by getting the closing price over the last 5 days, summing it and dividing it by 5. When plotted on a chart, the SMA appears as a line which approximately follows the price action – the shorter the time period of the SMA, the closer it will follow the current price action. The 33-day SMA is calculated the same way.