Multi Symbol Market Regime Radar Pro
- Indicators
-
Elham Afsharpour
I am an experienced trading software developer with 8 years of programming experience, especially in Python, C++, and MQL5. During the last 2 years, I have focused mainly on developing Expert Advisors, custom indicators, trading tools, and automation systems for MetaTrader. - Version: 1.0
- Activations: 5
See the Complete Market Picture from One Chart
Multi-Symbol Market Regime Radar Pro is an advanced market scanner for MetaTrader 5 that analyzes multiple symbols and timeframes simultaneously.
Instead of switching between many charts, the dashboard provides a clear overview of market direction, trend strength, confidence, volatility and higher-timeframe agreement in one organized panel.
The indicator does not depend on a single moving average or oscillator. It combines six independent analytical methods into one customizable weighted regime score.
Six-Method Regime Engine
The indicator combines:
- Market Structure
- ADX and Directional Movement
- SuperTrend
- Kaufman Adaptive Moving Average
- Linear Regression
- Aroon
Each method produces an independent directional assessment. The results are combined using customizable weights to calculate:
- Normalized regime score
- UP, RANGE or DOWN classification
- Confidence percentage
- Volatility percentile
- Multi-timeframe weighted total
This approach helps reveal whether the market has clear directional agreement or mixed, ranging conditions.
Multi-Symbol and Multi-Timeframe Dashboard
Monitor up to 30 instruments from a single chart using:
- Symbols currently available in Market Watch
- A custom symbol list
- The current chart symbol only
Timeframes and their importance can be configured independently. Higher timeframes can be assigned greater weights when calculating the total regime score.
Every dashboard cell displays the current regime and directional score. Click any cell to immediately open its symbol and timeframe.
Best Now Market Reading
The Best Now section automatically highlights the strongest current directional reading detected by the existing regime engine.
It displays:
- Symbol and timeframe
- Directional state
- Regime score
- Confidence
- Volatility condition
- Higher-timeframe status
- Current spread
Best Now does not create a separate signal or modify the calculations. It simply helps locate the strongest existing directional reading faster.
Clear WHY Explanations
Move the mouse over a dashboard cell to see a detailed explanation of the result, including:
- Regime and score
- Confidence
- ADX value
- Engine agreement
- Volatility classification
- Higher-timeframe alignment or conflict
- Current spread
- Individual scores from all six methods
This makes it easier to understand why a market is classified as UP, RANGE or DOWN.
Higher-Timeframe and Volatility Information
The indicator identifies whether the two highest scanned timeframes are:
- HTF ALIGNED
- HTF MIXED
- HTF CONFLICT
- HTF WAIT
Volatility is classified into four easy-to-read conditions:
- CALM
- NORMAL
- HIGH
- EXTREME
These values provide additional market context without changing or filtering the original regime result.
Flexible Sorting and Navigation
The dashboard can be sorted by:
- Original watchlist order
- Strongest absolute regime
- Most bullish markets
- Most bearish markets
- Symbol name
Pagination keeps the panel clean when scanning a large number of instruments.
Configurable Alerts
Available alert conditions include:
- Regime change
- Strong regime threshold
- Multi-timeframe alignment
Supported notification methods:
- Terminal popup
- Mobile push notification
- Sound
A configurable cooldown prevents repeated alerts from the same market condition. Alerts can also be temporarily muted directly from the dashboard.
Chart Visualization
The current chart can display:
- Compact regime summary card
- Historical UP, RANGE and DOWN ribbon
- Confirmed regime-transition arrows
- Score, confidence and volatility condition
All chart visualizations can be enabled or disabled independently.
CSV Snapshot Export
Use the EXPORT button to save the complete radar snapshot as a CSV file.
The export includes:
- Symbol and timeframe
- Regime state
- Score and confidence
- Volatility percentile and class
- ADX
- Higher-timeframe status
- Spread
- WHY explanation
- All six engine scores
- Analyzed bar time
CSV files are saved in the terminal’s MQL5/Files directory.
Integration with Expert Advisors
The indicator provides ten public buffers for use with iCustom and CopyBuffer :
- Buffer 0: Regime Score
- Buffer 1: Regime State
- Buffer 2: Confidence
- Buffer 3: Volatility Percentile
- Buffer 4: Market Structure Score
- Buffer 5: ADX/DMI Score
- Buffer 6: SuperTrend Score
- Buffer 7: KAMA Score
- Buffer 8: Linear Regression Score
- Buffer 9: Aroon Score
Optional terminal Global Variables can also publish multi-symbol values for external Expert Advisors and tools:
- STATE
- SCORE
- CONF
- VOL
- TIME
This feature is disabled by default and can be enabled from the indicator inputs.
Confirmed-Candle Operation
UseClosedBar is enabled by default.
When enabled, radar calculations use completed candles. This provides stable confirmed readings that do not change during the active candle.
Live-bar calculation can also be enabled for traders who prefer faster, continuously updating information.
Main Features
- Multi-symbol and multi-timeframe scanning
- Up to 30 configurable instruments
- Six-method weighted regime engine
- UP, RANGE and DOWN classifications
- Confidence and volatility measurements
- Best Now directional reading
- Plain-language WHY explanations
- Higher-timeframe conflict detection
- Spread transparency
- Configurable timeframe weights
- Multiple sorting modes
- One-click chart navigation
- Popup, push, email and sound alerts
- Historical regime ribbon
- Transition arrows
- CSV snapshot export
- Public EA buffers
- Optional terminal Global Variables
- Stable in-place dashboard updates
- Customizable colors, scale and panel position
Recommended Use
For stable confirmed readings, keep UseClosedBar enabled.
When scanning many symbols, first add the required instruments to Market Watch and allow MetaTrader 5 to download their historical data. Scan only the symbols and timeframes relevant to your trading workflow for better terminal performance.
Important Information
This is an analytical indicator and market scanner. It does not open, manage or close trades.
The displayed regimes and scores are technical market assessments, not guaranteed trading results. Always evaluate market conditions, execution costs and risk before making trading decisions.
