Velora Ridge
- Indicators
- Version: 1.34
- Activations: 10
Velora Ridge — See the ridge. Trade the turn.
Velora Ridge is a chart-window trend indicator for MetaTrader 5.
It combines three public, well-documented tools into one readable map:
WHAT YOU SEE
Terminal popup, optional push, optional sound.
IMPORTANT
Velora Ridge est un indicateur de tendance pour MetaTrader 5.
Il assemble trois outils publics sur un seul graphique :
Modes : Follow, Pullback, Exhaust.
HUD compact (axe, stack, ADX, 6 unités de temps).
Boîtes R:R et niveaux fractals optionnels.
Outil visuel. Il n'envoie pas d'ordres. Aucune promesse de gain.
Velora Ridge is a chart-window trend indicator for MetaTrader 5.
It combines three public, well-documented tools into one readable map:
- EMA Axis (21 / 55) — direction of the stack
- Keltner Ridge (EMA 20, ATR 10 x 1.5) — the value envelope
- Chandelier Exit (ATR 22 x 3, LeBeau) — the trailing line that defines the turn
WHAT YOU SEE
- Ridge fill around price (Keltner envelope)
- Chandelier line in amber (long) or teal (short)
- Candle tint from the EMA stack (aligned / mixed)
- Compact HUD: axis, stack, ADX, spread, 6 higher-timeframe biases
- Optional 1:2 risk boxes and fractal levels
- Follow — trade chandelier flips in the direction of the EMA stack
- Pullback — same flips, prefer candles that close with the move and avoid RSI extremes
- Exhaust — flips only when RSI is stretched
- Attach Velora Ridge to XAUUSD, EURUSD or an index on H1 or M15
- Wait for a closed-bar Long/Short marker
- HUD should show stack aligned with the axis (STACK UP with LONG, STACK DN with SHORT)
- ADX on the HUD should not read WEAK
- Place stops beyond the Chandelier line. Take-profit uses your R:R (default 1:2)
- EMA Axis: 21 / 55
- Chandelier: period 22, multiplier 3.0
- Keltner Ridge: EMA 20, ATR 10, multiplier 1.5
- ADX minimum: 18
- Closed bar only: true
- HUD left/right, hotkey X to hide
Terminal popup, optional push, optional sound.
IMPORTANT
- This is a visual decision tool. It does not place orders by itself.
- Past chart patterns do not guarantee future results.
- No martingale. No grid. No recovery.
Velora Ridge est un indicateur de tendance pour MetaTrader 5.
Il assemble trois outils publics sur un seul graphique :
- Axe EMA 21 / 55
- Enveloppe Keltner (EMA 20, ATR 10 x 1.5)
- Sortie Chandelier (ATR 22 x 3)
Modes : Follow, Pullback, Exhaust.
HUD compact (axe, stack, ADX, 6 unités de temps).
Boîtes R:R et niveaux fractals optionnels.
Outil visuel. Il n'envoie pas d'ordres. Aucune promesse de gain.
