Smart Confluence Radar
- Indicators
-
Nguyen Thanh Trieu
I am a software developer and trader focused on building practical trading tools for MetaTrader 5.
My work is centered on:
- Market structure analysis
- Price action logic
- Risk visualization
- Custom indicators and utilities - Version: 1.0
Smart Confluence Radar
Reading three separate indicators to find confluence takes time. By the time the signal is clear, the move has started.
Smart Confluence Radar combines ATR expansion, volume momentum, and rate-of-change into a single visual layer directly on your candles.
Free version with core features. For multi-timeframe overlay, alerts, and session filtering, see Smart Confluence Radar Advanced.
What it shows:
- Colored candles: Bright coloring marks High confluence bars (score ≥70). Dimmed marks Mid confluence. Gray marks low-momentum bars — useful for filtering out noise.
- Momentum line: A smoothed line drawn directly on the chart reflecting real directional pressure. Blue when buying pressure dominates, red when selling pressure rises, gray when momentum is flat.
- Bar labels (+/-): Displayed only on closed High confluence bars. "+" below a bullish bar, "-" above a bearish bar — marking where all three factors aligned cleanly.
- Bar countdown timer: Top-right corner shows current timeframe and seconds remaining on the open bar.
How the score is calculated:
Confluence Score = ATR expansion (30%) + Volume spike vs average (35%) + Rate of Change normalized by ATR (35%).
High (≥70%) = significant institutional-level activity. Mid (40-69%) = building pressure. Low (<40%) = noise or consolidation.
Best used for:
Intraday trading on Gold (XAUUSD), major forex pairs, and indices. Works on M5 through H4. Designed to complement price action and SMC analysis by visually confirming when a setup has real momentum behind it.
What it does NOT do:
It does not generate buy or sell signals automatically.
It does not predict future price movement.
It does not modify or interfere with your strategy or open positions.
It visualizes confluence data so the decision stays with YOU.
Setup:
Attach to any chart. Adjust ATR/Volume/Momentum periods if needed. Labels and momentum line can be toggled independently.
Your feedback helps improve future updates. Questions or suggestions? Visit my profile.
