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Deadly Weapon Ind

30 USD

Demo downloaded: 3

Published: 7 January 2026

Current version: 2.2

Deadly Weapon Ind

Indicators
Paballo Justice Tsoako
Paballo Justice Tsoako
Lesotho

1186
5 (1)
I am an MT5 Expert Advisor developer with a strong quantitative background in Mathematics, Statistics, and Applied Mathematics. I specialize in building logic-driven, price-action-based trading systems that emphasize risk control, clarity, and execution precision.

10 products 2 comments
Version: 2.2
Updated: 17 June 2026
Activations: 9

Deadly Weapon is a professional-grade indicator that transforms your manually drawn rectangle zones into an intelligent trading system. It tracks how price enters, tests, and exits Support/Resistance zones - then generates high-probability signals based on the outcome.

How It Works:

Simply draw rectangles on your chart to mark key S/R zones. The indicator automatically:

- Detects when price enters a zone (and from which direction)

- Identifies if the zone is being tested as Support or Resistance

- Generates BUY signals on support bounces and resistance breakouts

- Generates SELL signals on resistance bounces and support breakouts

NB: IT ONLY WORKS WITH DUMMY ZONES IN STRATEGY TESTER SINCE WE CANNOT DRAW ANY OBJECTS ON STRATEGY TESTER

Key Features:

- ATR-Based Confirmation - Uses Average True Range to filter out noise and confirm valid breakouts

- Breakout Distance Filter - Configurable minimum/maximum pip distance to avoid false breakouts

- Candlestick Pattern Detection - Optional Doji, Pin Bar, and Engulfing pattern alerts at key levels NOTE (works perfectly well even when disabled)

- Multi-Alert System - Popup, sound, and mobile push notifications

Signal Types:

| Signal | Condition | Direction

| Support Bounce | Price enters zone from above, exits upward | BUY

| Support Breakout | Price enters zone from above, exits downward | SELL

| Resistance Bounce | Price enters zone from below, exits downward | SELL

| Resistance Breakout | Price enters zone from below, exits upward | BUY

Input Parameters:

- ATR Period & Multiplier for breakout confirmation

- Minimum/Maximum breakout distance (pips)

- EMA Period for trend context

- Toggle alerts independently (Touch, Bounce, Breakout, Patterns)

- Candlestick pattern sensitivity settings

Best Used On:

- All timeframes (smaller timeframes (M5, M15) best for early signals)

- Major forex pairs, gold, indices and crypto

Requirements:

- MetaTrader 5

- Draw rectangles on chart to define your S/R zones

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Deadly Weapon Ind

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