Develop a MT5 indicator with Smart Money Concepts / liquidity-based strategies

MQL5 Indicators

Specification

Hi, I’m looking for an experienced developer to build an MT5 indicator based on the strategy outlined below.

The indicator should:

  • Identify and display entry points
  • Plot TP1, TP2, TP3, and Stop Loss (SL) using ATR-based calculations
  • Run on my MT5 desktop platform
  • Send real-time trade signals/alerts to my Telegram account

If Telegram integration is not feasible, please suggest alternative methods (e.g. push notifications, email alerts, or mobile MT5 notifications) so I can still receive signals instantly on my phone.

Strategy Overview

1. Liquidity Sweep (LS)

Price moves above a previous high (buyside liquidity) or below a previous low (sell side liquidity) to trigger stop-loss orders, then quickly reverses. This indicates potential institutional manipulation and liquidity grab.

2. Break of Structure (BoS / MSB)

After the liquidity sweep, price breaks a key structural level in the opposite direction:

  • Break of a swing low → bearish confirmation
  • Break of a swing high → bullish confirmation

This confirms a potential shift in market direction.

3. FVG / Order Block (OB)

A strong displacement move creates:

  • Fair Value Gap (FVG)
  • Order Block (last opposing candle before the move)

These zones act as high-probability entry areas.

Entry Logic

  1. Wait for a Liquidity Sweep
  2. Confirm with Displacement + Break of Structure (BoS)
  3. Identify FVG / Order Block zone
  4. Enter using a limit order at the FVG/OB retest (5-minute timeframe)

Deliverables

  • MT5 Indicator with clear visual signals (Entry, TP1–TP3, SL)
  • Configurable inputs (ATR multiplier, TP levels, timeframe, etc.)
  • Alert system (Telegram preferred, alternatives acceptable)
  • Clean, non-repainting logic
Those who apply without any introduction will be ignored.

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Project information

Budget
30 - 200 USD