Rubber Band MT5

Rubber Band

Trade the snap-back, not the chase.

Every market is tied to its average by an invisible rubber band. Price can run away from it, but the further it goes, the harder the band pulls it back. Most traders chase those runaway moves and get caught when the band snaps.

Rubber Band makes that tension visible and tells you when the snap-back begins.


How it works

Rubber Band measures how far price has stretched from its average, relative to the market's normal volatility. That makes the same reading meaningful on any pair and any timeframe.

  1. Relaxed. Price is close to its average. Nothing to do.
  2. Overstretched. Price has moved unusually far away. The band is armed.
  3. SNAP! The first clear reversal candle back toward the average fires a BUY or SELL signal.

You get one signal per stretch. After a snap, the band has to relax before it can fire again. This keeps your chart from filling up with arrows, and it stops you from repeatedly trading against a strong trend.


Features

Signals

  • Clear BUY and SELL arrows, only when a real snap-back begins
  • Signals are rare on purpose: they wait for extreme stretches, not everyday noise
  • No repainting: a signal appears when the candle closes and never moves or disappears
  • A suggested stop beyond the extreme of the stretch, and a natural target back at the average (band), or a fixed risk-to-reward ratio if you prefer

Visual band on the chart

  • The average is drawn as a clean line, and colored "strands" connect it to price
  • The color shows the tension: gray when relaxed, then yellow, orange and glowing red as the band stretches
  • At each signal, the band visibly breaks apart with a "SNAP!" tag and a pointer back to the target

Live dashboard

  • Pair, timeframe and live price, which flashes blue or red with each tick
  • Spread in pips, colored green, orange or red so you can see at a glance whether trading conditions are good
  • A countdown to the next candle, which keeps running every second and turns orange in the last minute
  • The active trading session: Asia, London, New York, or an overlap
  • The current volatility (ATR) in pips
  • Tension across four timeframes (M15, H1, H4 and D1 by default), each with its own mini-meter, plus a line telling you whether all of them are on the same side of the average
  • Band state, in plain words: ready, armed and watching for a snap, or reloading
  • Last signal: its direction, how long ago it fired, and whether it's still running, reached its target or was stopped out
  • Tension meter with a live needle, red danger zones and markers showing the biggest stretch in the chart's history

Alerts

  • Pop-up, sound and mobile push notifications, including suggested entry, stop and target

Fully adjustable

  • Stretch sensitivity, average length, target type, colors, arrow size and dashboard position
  • Choose which four timeframes the dashboard shows
  • Works on forex pairs, gold, indices and other symbols, with an adjustable pip size
  • Optional entry, stop and target lines on the chart

What you get

  • The Rubber Band indicator for MetaTrader 5
  • Every feature listed above, with no extra modules to buy

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BIG BROTHER See the big candle while you trade the small ones When you trade on M15, you see small candles. But many traders are watching the H4 or the daily candle, and their decisions move the market. One M15 candle is only a small piece of that bigger picture. Big Brother shows you the bigger picture. It draws the higher-timeframe candles as large see-through "ghost" candles right behind your normal chart. You keep your usual timeframe, but you always see the big candle that is forming around
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Odometer Know how much road is left before you trade. Every market travels a typical distance each day. Some days a little more, some a little less, but most days end close to their normal range. So before you enter, there's a simple question worth asking: how much of today's journey is already used up? Chasing a breakout after the market has already covered its usual daily distance means you're betting on an unusual day. Entering while most of the road is still ahead gives your trade room to br
FREE
Rubber Band Trade the snap-back, not the chase. Every market is tied to its average by an invisible rubber band. Price can run away from it, but the further it goes, the harder the band pulls it back. Most traders chase those runaway moves and get caught when the band snaps. Rubber Band makes that tension visible and tells you when the snap-back begins. How it works Rubber Band measures how far price has stretched from its average, relative to the market's normal volatility. That makes the same
FREE
Odometer Know how much road is left before you trade. Every market travels a typical distance each day. Some days a little more, some a little less, but most days end close to their normal range. So before you enter, there's a simple question worth asking: how much of today's journey is already used up? Chasing a breakout after the market has already covered its usual daily distance means you're betting on an unusual day. Entering while most of the road is still ahead gives your trade room to br
FREE
RUSH HOUR Know when your pair really moves Every market has a rhythm. Some hours are full of action, with big candles, fast moves and tight spreads. Other hours are dead quiet, and trades just drift sideways and eat your time and patience. Most traders guess when the good hours are. Rush Hour measures it. It studies your pair's own history and shows, hour by hour, when it usually moves the most and when it usually sleeps, so you can plan your trading day around the pair's real rhythm. How it wor
FREE
BIG BROTHER See the big candle while you trade the small ones When you trade on M15, you see small candles. But many traders are watching the H4 or the daily candle, and their decisions move the market. One M15 candle is only a small piece of that bigger picture. Big Brother shows you the bigger picture. It draws the higher-timeframe candles as large see-through "ghost" candles right behind your normal chart. You keep your usual timeframe, but you always see the big candle that is forming around
FREE
RUSH HOUR Know when your pair really moves Every market has a rhythm. Some hours are full of action, with big candles, fast moves and tight spreads. Other hours are dead quiet, and trades just drift sideways and eat your time and patience. Most traders guess when the good hours are. Rush Hour measures it. It studies your pair's own history and shows, hour by hour, when it usually moves the most and when it usually sleeps, so you can plan your trading day around the pair's real rhythm. How it wor
FREE
CURRENCY RADAR PRO See the whole currency market in one glance Every forex pair is a tug of war between two currencies. When EURUSD rises, is the euro strong, or is the dollar weak? The answer matters, but a normal price chart can't tell you. Radar can. It watches all 8 major currencies at the same time and draws their strength as a glowing radar web on your chart. Strong currencies push outward and weak currencies pull toward the centre. In one look you can see who is leading the market, who is
CURRENCY RADAR PRO See the whole currency market in one glance Every forex pair is a tug of war between two currencies. When EURUSD rises, is the euro strong, or is the dollar weak? The answer matters, but a normal price chart can't tell you. Radar can. It watches all 8 major currencies at the same time and draws their strength as a glowing radar web on your chart. Strong currencies push outward and weak currencies pull toward the centre. In one look you can see who is leading the market, who is
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