Market / MetaTrader 5 / Utilities /

Market Beacon

FREE

Published: 16 September 2026

Current version: 1.10

Market Beacon

Utilities
Joao Bordelo
Joao Bordelo
Portugal

351
- www.goldexainvest.com
Goldexa | Expert Advisors, Indicators & Professional Trading Tools
At Goldexa, we develop advanced trading technology for MetaTrader 5, combining algorithmic research, professional risk management and practical tools designed for real trading environments.
Version: 1.10

Market Beacon — Market Context at a Glance developed by GOLDEXA™️

Market Beacon is a completely free market dashboard for MetaTrader 5 designed to help traders understand current market conditions faster and with less chart clutter.

Instead of switching constantly between timeframes, indicators and session clocks, Market Beacon brings the most useful market context together in one clean, professional HUD.

See direction across multiple timeframes, identify whether the market is trending or ranging, monitor volatility and spread conditions, check the active trading session and know exactly when the current candle will close.

No subscriptions. No external services. No trade execution. Market Beacon is available free of charge.

What Market Beacon shows

Multi-Timeframe Market Map — monitor M5, M15, H1, H4 and D1 simultaneously, or choose your own five timeframes.
Bull / Bear / Mixed Direction — simple visual market structure based on configurable Fast and Slow EMAs.
Trend / Range Detection — optional ADX analysis helps identify whether each timeframe is currently trending or ranging.
Live Volatility Monitor — compares current ATR activity with recent market conditions and classifies volatility as LOW, NORMAL or HIGH.
Spread Monitor — instantly see whether the current spread is NORMAL, ELEVATED or HIGH.
Trading Sessions — automatically displays Asia, London, New York and session overlaps using UTC time.
Candle Countdown — shows the exact remaining time before the current candle closes.
Custom Timeframes — configure all five Market Map timeframes to match your trading style.
Closed or Live Candle Analysis — choose between more stable closed-candle readings or faster live-candle updates.
Professional HUD Themes — choose between Midnight, Carbon and Navy interfaces.
Adjustable Dashboard — customize position, scale, EMA periods, ADX settings, ATR settings, spread thresholds and session hours.

Built for everyday market analysis

Market Beacon can be useful for scalpers, intraday traders and swing traders who want a quick overview before making their own trading decisions.

It can be used with Forex, Gold, indices, commodities and cryptocurrencies, depending on the instruments available through your broker.

For example, before entering a trade you can quickly check whether M5, M15 and H1 are aligned, whether H4 is confirming the broader direction, whether volatility is unusually high, whether the spread is elevated and which major session is currently active.

All from one dashboard.

Simple by design

Market Beacon is intentionally focused on market context rather than trade execution.

It does not open, close or modify positions. It does not manage Stop Loss or Take Profit and it does not automatically generate or execute trades.

This keeps the tool lightweight, clear and useful alongside your existing trading strategy or Expert Advisors.

Default Market Map

The default configuration uses:

Timeframes: M5, M15, H1, H4, D1
Fast EMA: 20
Slow EMA: 50
ADX Period: 14
Trend Threshold: 23
ATR Period: 14
ATR Lookback: 20
Analysis Mode: Closed Candle

Bullish alignment is identified when price is above the Fast EMA and the Fast EMA is above the Slow EMA.

Bearish alignment is identified when price is below the Fast EMA and the Fast EMA is below the Slow EMA.

Other conditions are displayed as MIXED.

100% Free

Market Beacon is available free of charge for MetaTrader 5.

There is no subscription required and no external service needs to be connected.

Simply install it, attach it to a chart and get an immediate overview of the market.

Market Beacon — see the market before you trade it.

Developed by GOLDEXA.

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Market Beacon

Joao Bordelo

What Market Beacon shows

Built for everyday market analysis

Simple by design

Default Market Map

100% Free