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Lighthouse MT5

You want to become a constantly profitable 5-star forex trader?

1. Read the basic description of our simple trading system and it's major strategy update in 2020 

2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat

Lighthouse is an amazing precise and reliable support and resistance indicator.
It displays the most important trading levels and draws them according to their relevance.
If a level is clearly broken, it changes its role and color. Support becomes resistance and vice versa.

Key Features

  • Automated adjustment to the underlying time frame
  • Displays only significant support and resistance levels
  • Immediate graphical response if a level is clearly broken
  • Thicker drawn SR levels are more important than thinner ones


General Settings

  • Analysis mode: Select between three different scan modes (intraday, medium and high time frames) or use the automatic adjustment which is set by default.
    The automatic mode adjusts the used analysis mode based on the underlying chart time frame.
  • Sensitive mode: The sensitive mode identifies more support and resistance levels. We recommend using it if you are an intraday trader. Set this to false if you like to reduce the number of drawn SR levels
  • SR Distance in Pips: This changeable value is the basis for the built-in support and resistance level distance check. It measures the distance between the current price and the next Lighthouse levels.

The default and recommended minimum value is 5 pips. If the current price is closer than 5 pips to the next support or resistance level, you will see the state „WAIT“.

If the distance between the current price and the next support or resistance level is bigger than 5 pips, you will see „GO“.

The value for SR Distance in pips is customizable. So please fill it with the value that suits your strategy best.

  • Fill buffers with: The price values of the SR levels OR the results of the built-in calculations.

This option is especially for EA developers. According to your requirements, you can use the Lighthouse calculation and buffers in two ways.

By default, Lighthouse fills all eight accessible buffers with the values of the eight most important support and resistance levels.

But you can fill it with the following values as well: SRDistanceCheckResult, HighestSR, LowestSR, NextAbove, NextBelow

Please send a confirmation of your Lighthouse purchase to receive the according code snippets.


Graphical Settings

  • Display SR check box: Displays the result of the built-in SR level distance check at the left side of your chart. Set to false if you like to hide this check box.
  • Display Lighthouse levels: This parameter is responsible for all drawn support and resistance levels. If false, the drawn lines are hidden.
  • Display Levels in the background: Displays all SR levels behind the price candles. Set to true if you like to draw them in the foreground.
  • Color, Font and Thickness settings: You are able to change the defaults of the text blocks and set your own colors for the drawn support and resistance levels. Create it as you like it best.


Notification Settings

  • Enable SR distance warning: Set to true and you will get an alert if the price comes close to the next SR level.
  • Enable SR switch notification: Set to true and you will get an alert if a SR Level changes its role from support to resistance or vice versa.
  • AlertsOn: You will benefit from several alert and notification options like audio, e-mail or mobile notifications. False disables all alerts.
  • AlertsMessage: You will get an alert message in your MetaTrader 4 platform.
  • AlertsSound: You will get an audio notification in your MetaTrader 4 platform.
  • AlertsEMail: You will get an e-mail if you set up the correct e-mail settings for your e-mail provider at your MetaTrader 4 platform.
  • AlertsNotification: You will get a notification on your mobile device if you set up the mobile notification settings of your MetaTrader 4 platform.
  • Soundfile: Enter the name of a sound file to hear an individual audio notification. The selected sound file must be installed in the “Sounds” directory of your MetaTrader 4 platform.
Bewertungen 16
Raymond Kelley
608
Raymond Kelley 2021.04.08 18:33 
 

Best Support and resistance on MT5.

Danny
381
Danny 2021.02.28 05:01 
 

Good indicator to filter out trades based on proximity to SR levels. Easy to use and set. I wish Daniel will add similar functionality based on daily/weekly fibo pivot levels too. Thumbs up!

LUKE PERRETT
3412
LUKE PERRETT 2021.02.09 23:13 
 

Keep up the great work Steins. Read, Read and Read more. Its all here as a package. Bring your discipline to the table along with the correct money management. Have realistic expectations and move forward.

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All Harmonics 26
All Harmonics 26
Alexey Isavnin
Harmonic patterns are characteristic series of price movements with respect to Fibonacci levels, which statistically precede price reversals. This indicator searches for harmonic patterns. It is capable of recognising 26 classical and non-classical harmonic patterns : Classical Gartley Butterfly Alternate Butterfly Bat Alternate Bat Crab Deep Crab Three Drives Non-classical Shark Alternate Shark Cypher 5-0 Anti Gartley Anti Butterfly Anti Alternate Butterfly Anti Bat Anti Alternate Bat Anti Crab
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Naked Forex Kangaroo Tail for MT5
Naked Forex Kangaroo Tail for MT5
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs : CandleSizeATR: filter signals depending on the size of candle (0.5 to 1.5 recommended range of values) TradeDirection (Long/Short/LongAndShort): filter signals for BUY and SELL Distance: distance in pixel relative to top or bot
147 USD
Advanced Price Pattern Scanner MT5
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
Advanced Supply Demand MT5
Advanced Supply Demand MT5
Bernhard Schweigert
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
128 USD
Ultimate Double Top Bottom Scanner MT5
Ultimate Double Top Bottom Scanner MT5
FXsolutions
This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric
119 USD
Laguerre VIX Trend Extremes MT5
Laguerre VIX Trend Extremes MT5
Libertas LLC
The  Laguerre VIX Trend Extrema   (LVTE)  indicator detects market tops and bottoms. As its name suggests, LVTE is a percentage price oscillator that identifies extreme ranges in market price. As described in John F. Ehlers book  "Cybernetic Analysis for Stocks and Futures,"  incorporating Laguerre's equation can facilitate more advanced trend detection and smoother filters, while requiring less data. Here, we use multiple variants on Laguerre's equation, for robust detection of price maxima and
99 USD
VolumeProfile MT5
VolumeProfile MT5
Robert Hess
Beschreibung: Das Volumenprofil zeigt detailierte Informationen von historischen trading Aktivitäten in bestimmten Preisbereichen.  Damit finden Sie die Zonen mit den besten Preisen im Markt und erlangen so einen entscheidenen Vorteil gegenüber anderen Marktteilnehmern. Features: Anpassbares Volume Profil Zeigt den "fairen" Preisbereich in dem 70% des gesamten Volumens umgesetzt werden Zeigt kritische Zonen mit niedrigem Volumen Zeigt Volume Point of Control (VPOC), Value Area High (VAH) u
165 USD
TPA True Price Action MT5 Indicator
TPA True Price Action MT5 Indicator
InvestSoft
Der Forex TPA Indikator deckt die wahren Aktionen der Marktmacher auf, immer dann wenn sie passieren. "Kämpfe nicht gegen die Marktmacher an, sondern folge ihnen",  ist wohl der beste Rat, den ein Trader bekommen kann. Der TPA Indikator zeigt jedesmal seine Signale an wenn die Bullen definitiv stärker sind als die Bären und umgekehrt. Dieser Indikator wurde VON Tradern FÜR Trader gemacht und ist 100% NICHT NACHZEICHNEND! Signale werden STRENG am Schluss einer Kerze  generiert . Das sagen unsere
168 USD
PAX3 Price Action Indicator
PAX3 Price Action Indicator
Marco Aurelio Santos Costa
You probably won't see the power of the indicator in the backtest, because it uses 3 windows, something you can't do, in the DEMO version that the site offers.  I trust 100% on my work and on my indicator, if you want a test version, send me a message, different from other sellers, who just want to "sell", I want whether you have a full version before renting and deciding. Many people have requested the purchase of the life time indicator, so I am making it available for a limited time. Life Ti
150 USD
PipFinite Reversal PRO MT5
PipFinite Reversal PRO MT5
Karlo Wilson Vendiola
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
98 USD
Fibonacci Expansion and Retracement For 5
Fibonacci Expansion and Retracement For 5
Jianyuan Huang
Fibonacci Expansion and Retracement PRO Fibonacci retracing and extended line tools for the MT5 platform, ideal for traders who use the DiNapoli point trading method and the Golden Section trading Demo: https://www.mql5.com/zh/market/product/35884 The main function: 1. You can draw multiple sets of Fibonacci retracements directly, and the relationship between important return points is clear at a glance. 2. Can draw Fibonacci extensions 3. The Fibonacci foldback and extension of the line
199 USD
PZ Supply Demand MT5
PZ Supply Demand MT5
Arturo Lopez Perez
Dieser Indikator analysiert vergangene Preisbewegungen, um den Kauf- und Verkaufsdruck auf dem Markt zu antizipieren. Dabei wird in die Vergangenheit zurückgeschaut und Preisspitzen und -täler um den aktuellen Preis analysiert. Es ist ein Bestätigungsindikator auf dem neuesten Stand der Technik. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Prognostizieren Sie den Kauf- und Verkaufsdruck auf dem Markt Vermeiden Sie den Kauf und Verkauf von Raserei Keine Ei
99 USD
KT Inside Bar Advanced MT5
KT Inside Bar Advanced MT5
KEENBASE SOFTWARE SOLUTIONS
Despite the popularity of inside bar pattern among the traders, using it as a standalone signal doesn't provide any edge in the market. KT Inside Bar Advanced indicator solves this problem by combining the classic inside bar pattern with the "ECE" cycle and Fibonacci extensions. Using this indicator in place of our classic inside bar indicator will provide a tremendous advantage and edge in the market. What is the ECE cycle? In financial markets, the price never moves in a straight line bu
90 USD
PyTrader MT5
PyTrader MT5
Offpista LTD
Documentation for connecting Metatrader 5 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The   Pytrader   ecosystem consists of a python script and a MT5 or MT4 version EA.   Further for the licensing an indicator is used.   The communication between the python script and the EA is based on sockets. EA is the   Server   and the python script the   Client .   It is always query(function / python script) and output(data / serv
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Following the smart money is finally possible! FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. How to trade with FX Volume?   Click to
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Following the smart money is finally possible! FX Volume   is the FIRST and ONLY volume indicator   that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. How to trade with FX Volume?   Click
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Powerplay Trade Manager
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SI Connect
SI Connect
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SI Connect is a utility that establishes the connection to our servers in order to use FX Volume and get it updated constantly. Allow web requests and insert  http://stein.investments  to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors. You need only one running EA instance per terminal but it has to run constantly in the background  to grab the latest data from our data center. In case of questions just contact us directly via this Telegram link  
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SI Connect MT5
SI Connect MT5
Daniel Stein
SI Connect is a utility that establishes the connection to our servers in order to use  FX Volume MT5 and get it updated constantly. Allow web requests and insert  http://stein.investments  to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors. You need only one running EA instance per terminal but it has to run constantly in the background to grab the latest data from our data center. In case of questions just  contact us directly via this Telegram link
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Auswahl:
Raymond Kelley
608
Raymond Kelley 2021.04.08 18:33 
 

Best Support and resistance on MT5.

Danny
381
Danny 2021.02.28 05:01 
 

Good indicator to filter out trades based on proximity to SR levels. Easy to use and set. I wish Daniel will add similar functionality based on daily/weekly fibo pivot levels too. Thumbs up!

LUKE PERRETT
3412
LUKE PERRETT 2021.02.09 23:13 
 

Keep up the great work Steins. Read, Read and Read more. Its all here as a package. Bring your discipline to the table along with the correct money management. Have realistic expectations and move forward.

daduduxiong
158
daduduxiong 2021.02.03 08:53 
 

i use lighthouse, but in M15 Chart it can't zoom out the chart, can you look at it...

Daniel Stein
104608
Antwort vom Entwickler Daniel Stein 2021.02.03 09:33
I contact you via private message. Please check your inbox/messages section here on mql5.com
Devonish
1623
Devonish 2021.02.02 10:50 
 

Thank you for continued support/development of this product.

Danny Yong
268
Danny Yong 2020.11.10 04:10 
 

It displays the S&R level precisely in every timeframe chart as needed. This is the most important tool for me among all Daniel's indicator!

Joshua Jeffries
118
Joshua Jeffries 2020.10.22 17:22 
 

This tool is a must for every trader out there! The SR levels are so precise with many configurable options to suit your trading style. I used to draw all SR levels on templates and update them weekly. Not any more, not with Lighthouse. I love it, as I love all of Daniel's tools and i don't use the word lightly. In my time on MQL5 i have only ever bought 14 products, four of these are Daniels. Thanks Daniel for enhancing my trading!

Luigi Marazzi
122
Luigi Marazzi 2020.10.20 03:46 
 

Simple clear and easy to understand. alerts "WAIT" in proximity to support or resistance levels, alert changes to" GO" when clear. Use it in concert with FXtrend and FXPower to significantly improve the probability of entering a good trade. Perhaps even stop you trading right into a big resistance level

Stephan Grobler
127
Stephan Grobler 2020.08.29 13:02 
 

No nonsense indicator, and a great entry/exit help.

Detleff Böhmer
1333
Detleff Böhmer 2020.07.01 20:10 
 

Super Arbeit, der Indikator arbeitet sehr genau.

temiking
272
temiking 2020.06.08 09:56 
 

Great and excellent tool.

M Iqbal Akbar
468
M Iqbal Akbar 2020.04.30 22:01 
 

work properly on big timeframe.

TomiFkg
175
TomiFkg 2020.02.17 18:37 
 

Great tool, work well.

Stefan001
1842
Stefan001 2019.01.02 11:31 
 

Der Benutzer hat keinen Kommentar hinterlassen

Nguyen Van Tuan
7669
Nguyen Van Tuan 2018.07.07 05:32 
 

Der Benutzer hat keinen Kommentar hinterlassen

skih
551
skih 2018.04.30 09:38 
 

Great tool. Shows exactly the lines of support and resistance. Thx !

Antwort auf eine Rezension
Version 3.41 2020.09.21
Further improvement of our new in-display function
Version 3.39 2020.09.21
Reactivated EACall mode for iCustom requests
Version 3.38 2020.09.18
Show/hide the SR levels with just one click on the "Check" label in the SR checkbox
Version 3.37 2020.06.07
Metaquotes provided important fixes in MQL5 and asked us to recompile all our market tools.
So please update your local copy to the latest available to benefit from bug fixes and improvements.
Version 3.36 2020.05.03
Optimized data handling
Version 3.34 2019.04.29
Fixed level draw bug when markets are closed
Version 3.31 2019.02.26
Now it's possible to switch the analysis modes directly on the chart
with just one click on the modes label below the GO/WAIT status
Version 3.26 2018.10.28
Update for new MT5 build 1930

Please update your copy to benefit from the latest product improvements.
Version 3.25 2018.03.08
Now it is possible to run more than one Lighthouse instance per chart.
This allows you to run and compare different analysis mode settings.