NINJA Market Radar MT5
- Utilities
-
Atsushi Katayama
I develop and test MetaTrader 5 Expert Advisors with a focus on backtesting, forward testing, and risk management.
My products do not rely on martingale, grid, or averaging strategies. - Version: 1.0
- Activations: 5
PRODUCT NAME
NINJA Market Radar MT5
LANGUAGE
English (en)
SHORT DESCRIPTION
Read-only MT5 utility that ranks visible Market Watch symbols with a transparent 0-100 Market Context Score.
FULL DESCRIPTION
IMPORTANT: ANALYTICAL UTILITY, NOT A TRADING SIGNAL
NINJA Market Radar MT5 is a read-only multi-symbol utility. It ranks current market context to help users build a watchlist for their own chart review. BULLISH WATCH, BEARISH WATCH and the score are analytical labels only. They are not BUY or SELL instructions and do not estimate the probability of profit.
SYMBOL SCOPE AND TIMEFRAMES
The utility scans only symbols currently visible in Market Watch. The default limit is 30 symbols and the configurable maximum is 60. The default analysis timeframes are M15, H1 and H4. The panel and input names are in English.
TRANSPARENT 0-100 SCORE
The Market Context Score is the sum of visible components: trend 30 points from EMA 20 and EMA 50 alignment on M15, H1 and H4; momentum 20 points from RSI 14 and ADX with DI 14; volatility 20 points from the ATR 14 to ATR 50 ratio; movement and setup 15 points from aligned 12-bar movement plus a 20-bar breakout or pullback condition; spread efficiency 10 points from Spread/ATR; and readiness 5 points from data, quote and session checks. Extreme volatility is intentionally reduced rather than rewarded without limit.
STATES AND GATES
Direction labels are BULLISH WATCH, BEARISH WATCH or NEUTRAL. WATCH NOW is shown from 75 points, MONITOR from 60 points and WAIT below 60. Missing data, a closed session, a stale tick, an incompatible trade mode or Spread/ATR above 15 percent can block a row. A blocked row is not treated as a current candidate even if its numerical score is high.
ALERTS AND PANEL
Optional terminal popup, sound and MT5 push notifications can report when the highest-ranked eligible symbol or direction changes above the selected threshold. NEUTRAL rows are not eligible for leader alerts. A configurable cooldown and duplicate suppression reduce repeated alerts. The panel can be dragged and collapsed.
IMPORTANT LIMITATIONS
The score measures the current alignment of implemented rules. It is not a forecast, profit probability, backtest result or guarantee. Results depend on broker symbols, quotes, spreads, trading sessions, trade modes and available history. Conditions can change with each tick or bar. The utility does not open, modify or close orders and does not use DLLs or WebRequest. Users must inspect the chart and apply their own trading and risk-management rules.
