Market / MetaTrader 5 / Indicators /

Forex Uncovered

127 USD

Demo downloaded: 4

Published: 4 August 2026

Current version: 4.60

Forex Uncovered

Indicators
Marian Beceanu
Marian Beceanu
Romania

1559
Atlas Enterprise Matrix:
https://www.mql5.com/en/market/product/183575
ZigZag Maturity — Multi-Timeframe Swing Maturity & Reversal Probability Dashboard

15 codes 4 comments
Version: 4.60
Activations: 10

Forex Uncovered PRO v4.60

Professional Support & Resistance Breakout Indicator for MetaTrader 5

Overview

Forex Uncovered PRO v4.60 is a professional Support & Resistance Breakout indicator built for MetaTrader 5.

Unlike traditional trend indicators, Forex Uncovered focuses on Price Action by automatically identifying significant swing highs and swing lows, building dynamic support and resistance zones, and detecting confirmed breakout opportunities.

To reduce false signals, the indicator combines structural market analysis with an ATR (Average True Range) volatility filter and optional candle close confirmation.

The result is a clean, reliable breakout trading tool suitable for scalping, intraday trading, and swing trading.

Key Features

Automatic Support & Resistance detection
Intelligent Swing High / Swing Low recognition
Real-time Breakout detection
ATR Volatility Filter
Optional Candle Close Confirmation
Buy & Sell Signal Arrows
Instant Trading Alerts
Lightweight and fast execution
Works on all Forex pairs
Compatible with all timeframes
Non-repainting after candle close confirmation

How It Works

The indicator follows these steps:

Detects important Swing Highs and Swing Lows.
Creates dynamic Support and Resistance levels.
Measures the importance of each level based on multiple touches.
Continuously monitors price action.
Detects potential breakouts.
Confirms breakouts using ATR volatility.
Displays Buy or Sell arrows.
Sends trading alerts.

Input Parameters

1. Swing Strength

Defines how significant a swing high or swing low must be before it is considered a valid market structure.

Lower values

More swing points
More trading signals
Higher market noise

Higher values

Fewer swing points
Stronger Support & Resistance levels
Higher quality signals

Recommended Settings

Scalping

Intraday

Swing Trading

5 - 7

2. Maximum Levels

Defines the maximum number of Support and Resistance levels displayed on the chart.

Example

means the indicator keeps only the five most relevant Support and Resistance levels.

3. Touch Tolerance

Defines how close two swing points must be in order to be considered the same Support or Resistance level.

Small values

Very precise levels

Large values

Wider Support & Resistance zones
Better clustering of nearby swing points

4. Breakout Buffer (Pips)

Defines the minimum distance price must move beyond a Support or Resistance level before confirming a breakout.

Purpose

Avoids false breakouts caused by small price spikes.

Example

Resistance

1.25000

Buffer

1 pip

Buy signal appears only above

1.25010

5. Close Confirmation

When enabled, the breakout is confirmed only after the candle closes beyond the Support or Resistance level.

TRUE

Higher accuracy
Fewer false breakouts

FALSE

Earlier entries
More aggressive trading
Higher risk of false signals

Recommended

TRUE

6. ATR Period

Defines the number of candles used to calculate the Average True Range.

ATR measures market volatility.

Standard value

7. ATR Filter Multiplier

Defines the minimum candle body size required for a valid breakout.

Formula

Candle Body ≥ ATR × Multiplier

Example

ATR

20 pips

Multiplier

0.5

Minimum required candle body

10 pips

If the breakout candle body is only

4 pips

the signal is ignored.

8. Show Range Lines

Displays Support and Resistance levels directly on the chart.

TRUE

Support & Resistance visible

FALSE

Cleaner chart
Signals only

9. Alerts

Enables Buy and Sell notifications whenever a confirmed breakout occurs.

Each breakout generates only one alert.

Signal Interpretation

Buy Signal

A green arrow appears when:

Price breaks above Resistance.
Breakout Buffer is exceeded.
ATR filter confirms sufficient momentum.
Candle Close Confirmation is satisfied (if enabled).

Sell Signal

A red arrow appears when:

Price breaks below Support.
Breakout Buffer is exceeded.
ATR filter confirms sufficient momentum.
Candle Close Confirmation is satisfied (if enabled).

Trading Strategies

Strategy 1 – Classic Breakout

Timeframe: H1

Rules

Wait for a Buy or Sell arrow.
Enter at the opening of the next candle.
Place Stop Loss behind the broken level.
Target a minimum Risk-to-Reward ratio of 1:2.

Strategy 2 – Breakout Retest (Recommended)

This is one of the safest ways to trade breakouts.

Buy Setup

Resistance is broken.
Wait for price to retest the broken level.
Price rejects the level.
Enter Buy.

Sell Setup

Support is broken.
Wait for the pullback.
Price rejects the level.
Enter Sell.

Advantages

Lower risk
Better entry price
Higher probability trades

Strategy 3 – Trend Filter + Breakout

Combine the indicator with a 200 EMA.

Buy

Price above EMA 200
Forex Uncovered generates a Buy breakout

Sell

Price below EMA 200
Forex Uncovered generates a Sell breakout

This significantly improves signal quality by trading only in the direction of the dominant trend.

Strategy 4 – London Session Breakout

Timeframe: M15

Trade only during the London and early New York sessions.

These sessions provide the highest liquidity and stronger breakout opportunities.

Strategy 5 – Swing Trading

Timeframe: H4

Recommended Settings

Swing Strength = 5
ATR Period = 14
Close Confirmation = TRUE

Ideal for capturing medium- to long-term market moves.

Strategy 6 – Multi-Timeframe Trading

Use multiple timeframes for higher-probability entries.

H4

Determine the overall market direction.

H1

Identify Support and Resistance levels.

M15

Enter after a confirmed breakout signal.

This approach greatly improves trade quality and reduces unnecessary entries.

Recommended Settings

Scalping (M5)

Swing Strength: 2
Breakout Buffer: 0.5–1 pip
ATR Multiplier: 0.3

Intraday Trading (M15–H1)

Swing Strength: 3
Breakout Buffer: 1 pip
ATR Multiplier: 0.5

Swing Trading (H4–D1)

Swing Strength: 5–7
Breakout Buffer: 2–3 pips
ATR Multiplier: 0.8–1.0

Best Markets

Forex Uncovered PRO performs best on:

EUR/USD
GBP/USD
USD/JPY
AUD/USD
USD/CAD
XAU/USD (Gold)
NASDAQ
US30
GER40

Risk Management

For best results:

Never risk more than 1–2% of your account on a single trade.
Always use a Stop Loss.
Aim for a minimum Risk-to-Reward ratio of 1:2.
Avoid trading during major economic news releases unless your strategy is designed for high-volatility events.

Conclusion

Forex Uncovered PRO v4.60 is a professional Support & Resistance Breakout Indicator designed to identify high-probability breakout opportunities using market structure and volatility confirmation.

By combining automatic swing analysis, dynamic Support & Resistance detection, ATR-based breakout validation, and optional candle close confirmation, the indicator helps traders filter out weak breakouts and focus on stronger, higher-quality trading opportunities.

Whether you are a scalper, day trader, or swing trader, Forex Uncovered PRO provides a clean, reliable, and easy-to-use solution for trading breakouts across all major Forex markets and timeframes.

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Smart Market Structure Pro by G-Labs — ICT and Smart Money Concepts toolkit with built-in multi-symbol scanner for MetaTrader 5. Break of structure, change of character, order blocks, fair value gaps, liquidity sweeps, premium and discount zones, ICT sessions, confluence scoring, AI trade ideas, and a traffic-light scanner across up to 30 pairs and four timeframes from one chart. Map SMC and ICT on the active chart while the built-in scanner monitors your full watchlist. Each cell shows BUY, S

175 USD

We present you a revolutionary indicator that changes the rules of the game in the world of trend trading. The indicator is designed to rethink performance and elevate your trading experience to unprecedented heights. Our indicator boasts a unique combination of advanced features that set it apart from its competitors. The advanced technology of "Real Pricing Factors" ensures unsurpassed stability even in the most difficult and volatile market conditions. Say goodbye to unstable patterns, broken

200 USD

Introducing Quantum TrendPulse , the ultimate trading tool that combines the power of SuperTrend , RSI , and Stochastic into one comprehensive indicator to maximize your trading potential. Designed for traders who seek precision and efficiency, this indicator helps you identify market trends, momentum shifts, and optimal entry and exit points with confidence. Key Features: SuperTrend Integration: Easily follow the prevailing market trend and ride the wave of profitability. RSI Precision: Detect

149.99 USD

Let me introduce you to an excellent technical indicator – Grabber, which works as a ready-to-use "All-Inclusive" trading strategy. Within a single code, it integrates powerful tools for technical market analysis, trading signals (arrows), alert functions, and push notifications. Every buyer of this indicator also receives the following for free: Grabber Utility for automatic management of open orders Step-by-step video guide: how to install, configure, and trade with the indicator Custom set fi

149 USD

SPIKE DETECTOR MASTER Advanced Market Spike Detection Indicator for MetaTrader 5 Spike Detector Master is a professional technical analysis indicator designed to help traders identify and analyze significant price movements, momentum changes, volatility expansion and unusual market activity directly on the MetaTrader 5 chart. The indicator provides clear visual information that can help traders monitor market conditions and identify potential spike activity without having to constantly analyze e

150 USD

Trend Forecaster is a MetaTrader 5 indicator that combines breakout signals, possible reversal area analysis, market range data and a visual statistics panel in one chart workspace. It shows Buy and Sell signals, tracks Average Range and Current Range, and can automatically adjust Sensitivity for the current symbol and timeframe. Manual Sensitivity control is also available. The indicator can be used on Forex pairs, metals, stocks, indices and cryptocurrencies. Different timeframes are supported

139 USD

Atlas Enterprise — Institutional Matrix Dashboard Atlas Terminal System is a professional, high-performance institutional dashboard designed to bring the analytical power of a Bloomberg Terminal directly to your MetaTrader 5 chart. Instead of cluttering your screen with multiple indicators, Atlas processes market data through 4 specialized mathematical engines simultaneously, presenting a clean, unified decision matrix in real-time. Whether you are a day trader or a swing trader, Atlas elimin

59 USD

ZigZag Maturity — Multi-Timeframe Swing Maturity & Reversal Probability Dashboard Overview ZigZag Maturity is a multi-timeframe indicator for MetaTrader 5 that answers a single question, one that matters for any technical trader: “ How ‘ mature ’ (close to exhaustion) is the current swing, on every timeframe I follow? ” Instead of a classic ZigZag that just draws lines on the chart, this indicator builds its own ZigZag on every activated timeframe, compares it statistically against its own hist

59 USD

STRBTV Pro MTF — Detailed Description STRBTV stands for "Sell The Rally, Buy The Valley" — an MT5 indicator (v2.10, by Marian Beceanu) built around multi-timeframe MACD convergence/divergence , with a "sniper entry" logic based on Support/Resistance and a built-in risk-management dashboard. General Concept The indicator works on two levels: Higher timeframe (HTF) — looks for convergence between price and MACD on the swing highs/lows of that timeframe. A confirmed HTF convergence is treated as t

127 USD

Complete description Trend Following A mechanical trend following indicator, inspired by the style of John W. Henry (one of the pioneers of managed futures / CTA trading), built for MetaTrader 5. It combines a Donchian channel for identifying trend direction with an ATR-based trailing stop, filtered through ADX and higher-timeframe confirmation, all displayed through a complete, configurable visual dashboard. Features: Donchian + ATR Trailing Stop trend system — trend direction is determined by

127 USD

This is a multi-timeframe Gann-angle trendline indicator for MT5. It automatically finds the swing high and swing low in a lookback window, draws a descending line from the high and an ascending line from the low at a calibrated angle (45 by default, auto-scaled to the symbol's real price range so 45/45 are true mirror images), projects optional parallel channel lines above/below each, and can pull all of this from a different timeframe than the chart it's displayed on (e.g. show H4 structure

127 USD

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