ChanceFX A+ Smart Money Indicat

MQL5 Indicators Forex

Job finished

Execution time 7 days
Feedback from employee
No

Specification


Platform: MT5 (MQL5)

OVERVIEW: I need a custom MT5 indicator that generates only high-probability A+ buy and sell signals. The indicator should combine market structure, support/resistance, liquidity sweeps, candlestick confirmations, session filtering, and Fibonacci retracement logic.

FEATURES REQUIRED:

  1. SUPPORT & RESISTANCE
  • Automatically detect and draw support and resistance levels.
  • Levels should update dynamically.
  • Draw lines clearly on chart.
  1. BREAKOUT CONFIRMATION BUY:
  • Candle closes above resistance.
  • Breakout candle must be confirmed by candle close.

SELL:

  • Candle closes below support.
  • Breakdown candle must be confirmed by candle close.
  1. LIQUIDITY SWEEP DETECTION BUY:
  • Price sweeps below support and closes back above support.

SELL:

  • Price sweeps above resistance and closes back below resistance.

Liquidity sweep buffer should be ATR-based and adjustable.

  1. CANDLE CONFIRMATIONS Accepted bullish confirmations:
  • Bullish engulfing
  • Bullish pin bar
  • Strong momentum candle

Accepted bearish confirmations:

  • Bearish engulfing
  • Bearish pin bar
  • Strong momentum candle

Signal should only appear after candle close.

  1. MARKET STRUCTURE FILTER Trading timeframe: M5

Higher timeframe confirmation: H1

BUY:

  • H1 bullish structure
  • M5 bullish structure

SELL:

  • H1 bearish structure
  • M5 bearish structure
  1. SESSION FILTER Only allow signals during:
  • London Session
  • New York Session

No signals during Asian Session.

Session times must be user-adjustable.

  1. AUTO FIBONACCI MODULE Automatically draw Fibonacci retracement from latest valid swing.

Monitor:

  • 50%
  • 61.8%
  • 70.5%
  • 78.6%

Do NOT use 38.2%.

Generate signals when:

  • Price retraces into Fib zone
  • Market structure aligns
  • Candle confirmation occurs
  1. ALERTS Provide:
  • Popup alert
  • Push notification to MT5 mobile
  • Email alert (optional)

Alert message example: "ChanceFX A+ BUY - XAUUSD M5" "ChanceFX A+ SELL - XAUUSD M5"

  1. CHART DISPLAY Display:
  • Support/Resistance levels
  • Fib levels
  • Buy/Sell arrows

Small dashboard showing:

  • H1 Trend
  • M5 Trend
  • Session Status
  • Last Signal
  1. SIGNAL QUALITY Indicator should prioritize quality over quantity. Only A+ setups should be generated. Avoid excessive signals.

DELIVERABLES

  • Full MQ5 source code
  • Compiled EX5 file
  • Installation instructions
  • Ability to modify settings from inputs

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Project information

Budget
40+ USD