BIAS Detector
- Indicators
- Version: 1.0
- Activations: 5
📊 BIAS Detector Indicator (MT5)
🔹 Description
The BIAS Detector Indicator is a custom tool for MetaTrader 5 designed to provide traders with a quick visual market bias based on the relationship between:
- AI simplified detector
- Hull and Moving Average computation based on multiple Average confluence for market trend.
It simplifies trend direction analysis by displaying a BIAS Signal (Buy/Sell) directly on the chart in a small panel.
The indicator shows “BIAS BUY” and “BIAS SELL” in yellow text.
This allows traders to quickly confirm market direction without scanning multiple charts or timeframes.
🔹 Features
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Simple bias detection system (BUY / SELL).
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Chart panel box for clear signal display.
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Lightweight and non-intrusive design.
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Works on all timeframes & symbols.
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Helps confirm trading direction in trend-following strategies.
🔹 How to Use
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Apply the indicator to your chosen symbol and timeframe.
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Look at the panel text inside the chart:
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BIAS BUY → Market favors upward momentum (look for Buy setups).
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BIAS SELL → Market favors downward momentum (look for Sell setups).
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Use the bias as a trend confirmation filter together with your main strategy (price action, breakout, candlestick patterns, or additional indicators).
⚠️ Tip: The BIAS Detector is not a standalone entry/exit system. Use it as a trend confirmation tool.
