Supreme Power House MT5
- Indicators
-
Kestutis Balciunas
With over 16 years of active experience in financial markets, I specialize in developing high-performance forex trading strategies, technical indicators, and automated Expert Advisors for MT4/MT5. My work spans precision-engineered trading systems designed for accuracy, consistency, and real-world - Version: 1.0
- Activations: 10
Supreme Power House reads market structure, grades every signal against seven filters and draws a complete trade plan for each one. It prints a BUY or a SELL when a candle closes beyond the latest swing: a change of character (CHoCH) when the break turns the structure, a break of structure (BOS) when it continues it. Each signal comes with an entry, a stop, up to three targets and a grade from A to C, surrounded by an adaptive trend ribbon, ICT zones and a dashboard of six timeframes. Everything is decided when a bar closes and stays where it was drawn.
WHAT IT DRAWS
- BUY and SELL plates on the signal bar, graded A, B or C. Hover a plate for its checklist: the kind of break, the entry, the stop and which of the seven filters agree.
- The trade plan of every signal: an entry line, a stop line with its label, a shaded risk zone, one reward band per target and a dashed line for each target, labelled with its price. A reached target gets a tick, a reached stop a cross.
- Structure: dashed CHoCH and BOS lines from the broken swing to the bar that broke it, and HH, HL, LH and LL labels on every confirmed swing.
- Get Ready plates when price comes within 0.5 ATR of an unbroken swing while the filters already agree, before the signal itself.
- Next BUY and SELL triggers: dotted lines at the swing high and swing low the next signal needs a close beyond, labelled with their prices.
- The adaptive trend ribbon: a Kaufman-style moving average with a two-layer band, painted with its real transparency behind the candles. Its colour runs from red through grey to green with the strength of the trend, and the candles are coloured to match.
- ICT zones of the current leg: the optimal trade entry (OTE) zone from 62 to 79 percent, the equilibrium line at 50 percent, and premium and discount shading.
- A dashboard: the trend of six timeframes (M5, M15, H1, H4, D1, W1 by default), each rated strong or weak, the overall bias, volatility, the ribbon's direction and conviction, the state of the latest signal and the distance to the next trigger in ATR. Hover a cell for an explanation.
HOW IT DECIDES
Swings are pivots with 5 bars on each side. A signal needs a candle to close beyond the latest unbroken swing, and every enabled filter must agree. Three filters are on by default: momentum (the close against the close 5 bars before, at least 0.5 ATR), the higher-timeframe trend (the last closed H1 bar against its 50-period EMA) and the trend ribbon, which blocks only a clearly opposite ribbon. Four more can be switched on: the lower-timeframe trend, relative volume, a break of the recent range and order flow, the cumulative volume delta read from lower-timeframe candles. A session window in its own timezone is optional too. One signal per direction is printed until the opposite one.
The grade counts all seven checks, enabled or not: five or more in agreement is grade A, three or four is B, fewer is C. With the three default filters on, every signal already has at least three checks behind it, so C appears only when filters are switched off. The stop sits beyond the last opposite swing plus a tenth of an ATR, kept between 0.5 and 3 ATR; a plain multiple of 1.5 ATR can be used instead. The targets are 1, 2 and 3 times the risk by default, or ATR multiples, or fixed price distances. The plan checks the stop first and then the targets, bar by bar, and ends at the stop, at the last target or at the next signal.
THE SETTINGS THAT CHANGE THE PICTURE MOST
- Signals: CHoCH and BOS, CHoCH only, or BOS only.
- Structure length: a smaller value finds more, smaller swings; a larger value fewer, bigger ones.
- The filters: each one on or off, with its own length and threshold.
- The trade plan: structure or ATR stop, targets in risk multiples, ATR or price, each target on or off, how long the plan runs (20 bars) and how many signals stay drawn (5).
- The dashboard: its position, its text size and its six timeframes.
ALERTS
Eight events, each with its own switch: a BUY or a SELL signal, a Get Ready in either direction, each of the three targets reached, and the stop reached. Channels: popup, sound with a file of your choice, push notification and e-mail. Every alert is evaluated on a closed bar, fires once for that bar, and never fires for history or in the Strategy Tester. Example:
Supreme Power House: SELL signal (CHoCH, grade A, entry 1.12134, stop 1.12477) on EURUSD H1 @ 1.12134
WHAT IT DOES NOT DO
- It does not place trades. It draws and alerts; you place and manage every order.
- It does not print a win rate. An optional statistic on the target labels counts how often this chart's past plans reached each target; it describes the chart's history, not a probability.
- It does not see the future. A swing is confirmed 5 bars after it forms, and nothing is decided on the forming bar: only the ribbon and the candle colours follow it.
SETTINGS AND NOTES
- 89 inputs in 9 groups, each explained in the manual. It runs on any symbol and timeframe from M1 to monthly.
- The higher timeframe, the dashboard's six timeframes and the order-flow candles are read from your terminal's own history of the same symbol. A dashboard row below the chart's timeframe shows n/a.
- Bars to calculate (20,000 by default) keeps loading fast on long charts.
- The chart keeps at most 500 boxes, 500 lines and 500 labels and removes the oldest first; switch "Keep object limits" off to keep everything.
- The session window converts your broker's clock to the timezone you choose; set the broker's offset if it is not detected.
- Signals, grades and plans are decided on closed bars and do not repaint: nothing of a signal changes while a bar is forming.
Trading leveraged products carries a high level of risk and may not be suitable for all investors. Supreme Power House is an analysis tool, not financial advice. Test it on a demo account first.
