SquatBarMarker

Squat Bar Marker is an indicator for MetaTrader 5 that detects Bill Williams MFI bar types and displays them directly on the price chart.

Supported bar types:

• Green Bar — MFI and volume are rising;
• Fade Bar — MFI and volume are falling;
• Fake Bar — MFI rises while volume falls;
• Squat Bar — MFI falls while volume rises.

Chart display:

• green bars — Green Bar;
• brown bars — Fade Bar;
• blue bars — Fake Bar;
• pink bars — Squat Bar.

Display modes:

• no coloring;
• only Squat bars;
• all bar types.

The indicator can display signal arrows on Squat bars:

• up arrow — below bullish candles;
• down arrow — above bearish candles.

Indicator features:

• automatic MFI bar detection;
• Squat bar highlighting;
• tick volume and real volume support;
• built-in time filter for H1 and lower timeframes;
• server time and local time support;
• sound alerts for new Squat bars;
• calculation limit by number of bars;
• configurable display and signal settings.

Main inputs:

• Color Mode;
• Show Arrows;
• Max Bars;
• Use Real Volume;
• Time Filter Settings;
• Alert Settings.

The indicator works directly on the price chart and supports multiple trading instruments and timeframes.