Kiwi Market Regime Scanner
- Indicators
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- Nguyen Ngoc Diep
KiwiBots — Expert Advisors, Indicators & Trading Utilities for MetaTrader 4 and MetaTrader 5.
We develop the KiwiBots collection with a focus on practical automated trading systems, trading tools, market analysis and risk management. - Version: 1.11
Kiwi Market Regime Scanner MT5 is a free multi-pair market analysis tool for MetaTrader 5 designed to help traders quickly identify the current market environment before choosing a trading strategy.
Markets do not behave the same way all the time. A strategy that performs well during a strong trend may perform poorly when price becomes sideways, volatile, or enters a transition period.
Kiwi Market Regime Scanner helps solve this problem by continuously analysing multiple Forex pairs and classifying the current market condition into five practical regimes:
TREND — Directional market structure where trend-following strategies may be appropriate.
RANGE — Sideways conditions where mean-reversion or range strategies may be more suitable.
BREAKOUT — Price expansion and breakout conditions that may deserve additional attention.
TRANSITION — The market is changing character and does not yet have a sufficiently clear regime.
VOLATILE — Unusually high or unstable volatility where additional caution may be appropriate.
Multi-Pair Market Scanner
The scanner monitors a default portfolio of 10 Forex pairs from a single MT5 chart, helping traders avoid manually switching between multiple charts.
The dashboard displays useful information including:
- Current market regime
- Directional bias
- Volatility condition
- Regime score
- Higher-timeframe confirmation
- Suggested strategy/action category
Examples of dashboard actions include:
TREND BUY SETUPS
TREND SELL SETUPS
RANGE / MEAN REVERT
WATCH BREAKOUT
WAIT / TRANSITION
CAUTION
These actions are designed to help traders understand what type of strategy may deserve consideration under the current conditions.
H1 Regime + H4 Confirmation
By default, the scanner uses H1 for primary regime detection together with H4 higher-timeframe confirmation.
Its analysis combines several complementary market characteristics, including:
EMA structure — evaluates directional trend structure.
ADX and DI analysis — measures trend strength and directional pressure.
ATR expansion — identifies changing volatility conditions.
Bollinger Band width — helps distinguish compression, range and expansion environments.
Recent high/low structure — assists with identifying potential breakout conditions.
Rather than depending on one indicator alone, the scanner combines these measurements through a scoring engine to classify the broader market environment.
Why Use a Market Regime Scanner?
One of the biggest challenges in trading is applying the wrong strategy to the wrong market.
Trend-following systems generally need directional movement. Mean-reversion strategies usually require a different environment. Breakout systems benefit from expansion, while unstable markets may justify staying out completely.
Kiwi Market Regime Scanner is designed to provide a fast overview of these conditions.
Instead of asking only:
“Should I buy or sell?”
the scanner encourages traders to first ask:
“What type of market am I trading?”
That information can then be combined with your own technical analysis, entry strategy and risk management.
Key Features
- Multi-pair Forex scanning
- Five market regime classifications
- Trend and directional bias analysis
- H1 regime detection
- H4 higher-timeframe confirmation
- Volatility analysis
- Breakout detection
- Regime scoring
- Clear visual dashboard
- Strategy-type suggestions
- Partial data readiness support
- Lightweight operation
- Works from a single MT5 chart
- No automated trade execution
- Free trading analysis utility
Important
Kiwi Market Regime Scanner is a market analysis tool, not an automated trading system.
The displayed regime, bias, score and action are informational classifications and should not be interpreted as guaranteed entry signals or predictions of future market direction.
For example, TREND BUY SETUPS means that current conditions may be more suitable for investigating bullish trend strategies. It does not mean the trader should immediately open a Buy position.
Always perform your own analysis and use appropriate risk management.
Regime = current market environment.
Action = strategy type to consider, not an entry signal.
Kiwi Market Regime Scanner MT5 is designed for traders who want a simple way to understand market conditions across multiple Forex pairs before deciding whether to trend trade, range trade, watch for a breakout, or simply wait.
