Market Shift Levels for MT5
- Indicators
-
Minh Truong Pham
Hello, my name is Pham and I am a programmer and trader! At here, I create amazing forex indicators and expert advisors for Metatrader.
I will try:
+ Provide best tools base on my 5 years experience as a trader and 10 years as a programmer. - Version: 1.0
- Activations: 15
Market Shift Levels
This indicator detects trend shifts and visualizes key market structure turning points using Hull Moving Average logic. It highlights potential areas of support and resistance where price is likely to react, empowering traders to spot early trend transitions.
Market Shift Levels are horizontal zones that mark the moment of a directional change in market behavior. These shifts are based on crossovers between two smoothed Hull Moving Averages (HMA), allowing the indicator to detect potential reversals with minimal lag.
Once a shift is detected:
⯁ HOW TO USE
⯁ EXAMPLE SETUPS
⯁ CONCLUSION
The Market Shift Levels indicator offers a visual and data-backed approach to spotting trend reversals and critical retest zones. It’s a simple yet powerful tool to structure your trades around objective, repeatable market behavior — all in real-time.
This indicator detects trend shifts and visualizes key market structure turning points using Hull Moving Average logic. It highlights potential areas of support and resistance where price is likely to react, empowering traders to spot early trend transitions.
Market Shift Levels are horizontal zones that mark the moment of a directional change in market behavior. These shifts are based on crossovers between two smoothed Hull Moving Averages (HMA), allowing the indicator to detect potential reversals with minimal lag.
Once a shift is detected:
- A dashed horizontal Market Shift Level is plotted at the low (for bullish shift) or high (for bearish shift) of the candle.
Figure 1
- These levels often become key reaction points during pullbacks and trend retests.
- Volume or price labels are added when price wicks into these levels, helping traders gauge the strength of rejection or acceptance.
Figure 2
- Uses HMA-based logic to detect when price momentum shifts.
- Plots clean Market Shift Levels (MSLs) that act as dynamic support and resistance.
- Automatically colors bars and candles based on the price positioning relative to levels.
Figure 3
Labels wick-based retests with either:- Volume data of the 3-bar cluster (default).
Figure 4
- Price level if toggled.
- Notifications
- Look for trend shifts where the HMA crossover triggers a new level — this marks a possible structural pivot.
- Use the horizontal level as a dynamic support or resistance zone — especially when price returns with wick rejections.
- Watch for volume labels near the level — higher values signal stronger rejection and potential continuation.
- Combine with confluence tools like Smart Money concepts or Fibonacci levels for added edge.
⯁ EXAMPLE SETUPS
- After a bullish shift, wait for price to return and wick into the level — if volume spikes and candle closes strong, it’s a retest confirmation entry.
Figure 5
- After a bearish shift, bearish wick rejections with volume may signal short re-entry zones.
Figure 6
The Market Shift Levels indicator offers a visual and data-backed approach to spotting trend reversals and critical retest zones. It’s a simple yet powerful tool to structure your trades around objective, repeatable market behavior — all in real-time.
