Smart Top Bottom Finder
- Indicators
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Joas Da Silva Veiga
Hello, I am from Brazil. I develop my own MT5 tools and indicators independently, based on my needs and my day trading studies. I am new here on MQL5 and I share tools and indicators that I personally use and develop, some free and others paid. If you can help me continue my work by purchasing one - Version: 1.0
EXPERIMENTAL VERSION – UNDER ACTIVE DEVELOPMENT
Smart Top Bottom Finder is an advanced market structure and frequency analysis indicator developed to identify potential tops and bottoms based on recurring price movement patterns.
Instead of relying on traditional oscillators or lagging indicators, the system analyzes the natural frequency of market movements, validates trend structures, and projects future reaction zones using objective price behavior.
Features
Frequency-Based Market Analysis
The indicator measures continuous price movements and identifies recurring market frequencies that often precede future tops and bottoms.
Automatic Top and Bottom Projections
Projects future price targets based on validated market frequencies and current trend structure.
Market Structure Detection
Automatically detects:
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Lower Highs (Bearish Structure)
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Higher Lows (Bullish Structure)
and adjusts projections accordingly.
Frequency Validation System
Only validated frequencies are used in calculations.
The indicator filters weak movements and insignificant retracements to reduce market noise.
Adaptive Frequency Logic
When a new movement becomes significantly larger than previous frequencies, the indicator automatically adapts its calculations to the new market conditions.
Sideways Market Handling
During low-trend conditions, the indicator preserves the last valid frequency instead of generating unreliable projections.
Strong Breakout Detection
Detects powerful bullish and bearish breakouts and applies alternative projection logic when market expansion exceeds normal frequency behavior.
Sensitive Mode
An optional mode that allows earlier projection generation using less restrictive confirmation requirements.
Confidence Calculation
Each projection includes a confidence factor derived from:
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Historical frequency consistency
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Trend structure quality
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Market strength
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ADX analysis
Real-Time Updating
The indicator continuously updates:
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Active projections
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Trend direction
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Current frequency
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Average frequency
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Projection confidence
Projection Logic
Bearish Structure
A bearish frequency is validated when:
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A lower high is formed.
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The retracement remains within valid limits.
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The downward movement is confirmed.
The indicator then calculates and projects the next potential top based on the validated frequency.
Bullish Structure
A bullish frequency is validated when:
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A higher low is formed.
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The retracement remains within valid limits.
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The upward movement is confirmed.
The indicator then calculates and projects the next potential bottom based on the validated frequency.
Strong Breakout Logic
When price exceeds the previous structure by a significant margin, the indicator switches to a special projection model designed for strong expansion phases.
Frequency Expansion Logic
If a frequency becomes exceptionally large compared to previous valid frequencies, the system automatically adjusts projections to reflect the new market rhythm.
Suitable For
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Scalping
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Day Trading
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Swing Trading
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Trend Following
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Pullback Trading
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Market Structure Analysis
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Price Action Trading
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Support and Resistance Analysis
Benefits
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Identifies potential future tops and bottoms.
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Adapts automatically to changing market conditions.
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Filters low-quality market movements.
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Provides objective projection levels.
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Works on all symbols and timeframes.
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Lightweight and optimized for MetaTrader 5.
Technical Highlights
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Frequency-Based Projection Engine
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Dynamic Trend Structure Analysis
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Automatic Projection Invalidation
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Sideways Market Detection
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Strong Breakout Recognition
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Confidence-Based Projection Scoring
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Adaptive Frequency Expansion Logic
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Real-Time Market Analysis
Smart Top Bottom Finder was designed for traders seeking a systematic approach to identifying potential reversal zones, continuation structures, and future market reaction levels using objective price-frequency analysis.
