AurumEdge Trend Compass MT4

  • Indicators
  • Anthony Nwabueze Onyenweaku
    Anthony Nwabueze Onyenweaku

    Anthony Nwabueze Onyenweaku

    • Executive Director at  Amchery Season One Ltd
    • Nigeria
    • 1313
    I’m Tony, founder of AurumEdge Tech. I build Expert Advisors and indicators for MetaTrader 5 in MQL5, focusing on gold (XAUUSD), forex and indices (US30, NAS100, GER40).
    What I do:
    • Custom EAs from your strategy rules: breakout, trend, session-based, grid-free risk-managed systems
  • Version: 1.0
  • Activations: 5
Labels swing highs and lows (HH, HL, LH, LL), marks breaks of structure and changes of character, and shows the higher-timeframe trend. Non-repainting.

AurumEdge Trend Compass MT4 reads market structure for you, so you can see at a glance whether the market is making higher highs and higher lows, or lower highs and lower lows.

WHAT IT SHOWS
- Swing labels: HH (higher high), HL (higher low), LH (lower high), LL (lower low)
- BOS (break of structure): price closes beyond the last swing in the direction of the trend, so the trend continues
- CHoCH (change of character): price closes beyond a swing against the trend, the first sign the trend may be turning
- Corner panel with the structure on your chart and on a higher timeframe (H4 by default). Green when both agree on up, red when both agree on down, gold when they disagree.

NO REPAINTING
A swing is only labelled once the candles that confirm it have closed, and BOS / CHoCH appear on the close of the breaking candle. This means the marks come a few candles after the turn, and they never move or disappear afterwards.

ALERTS
Pop-up, push notification and sound for a new CHoCH (and optionally for every BOS), on closed candles only.

SETTINGS
- Swing size (candles on each side)
- Candles to analyse
- Show or hide swing labels, BOS and CHoCH; colours and font size
- Higher timeframe and its swing size

Works on any symbol and timeframe (forex, gold, indices and more). Developed and tested on gold (XAUUSD).

The indicator describes market structure. It does not place trades and is not a trading signal on its own. Trading involves risk.

Also available for MetaTrader 5: search "AurumEdge Trend Compass" on the Market.

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TDI Multi Timeframe Scanner: This Dashboard indicator uses the TDI (Trader's Dynamic Index) Indicator to find best trades. Read detailed How to Use Guide: https://www.mql5.com/en/blogs/post/758252 Extra indicators also available in above post. Checks for: - SharkFin Pattern Free indicator for SharkFin: https://www.mql5.com/en/market/product/42405/ - TDI Trend: Strong/Weak Trend Up/Down - TDI Signal: Strong/Medium/Weak Signal for Buy/Sell - Consolidation - Overbought/Oversold - Volatility Ban
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BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
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Daily, weekly and monthly pivot levels in Classic, Fibonacci, Camarilla or Woodie style, drawn before the session starts, with clear labels and prices. AurumEdge Level Grid MT4 draws the pivot levels many traders use for support, resistance and targets. Every level is calculated from the previous period, so it is on the chart before price gets there. WHAT IT SHOWS - Pivot (P), resistance R1 to R3 and support S1 to S3 (Camarilla adds R4 and S4) - Daily, weekly and monthly pivots, each with its
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Labels swing highs and lows (HH, HL, LH, LL), marks breaks of structure and changes of character, and shows the higher-timeframe trend. Non-repainting. AurumEdge Trend Compass reads market structure for you, so you can see at a glance whether the market is making higher highs and higher lows, or lower highs and lower lows. WHAT IT SHOWS - Swing labels: HH (higher high), HL (higher low), LH (lower high), LL (lower low) - BOS (break of structure): price closes beyond the last swing in the direc
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Shades the area where a pullback is most likely to turn, before price gets there, and grades it by how many independent tools agree on that area. AurumEdge Turning Zones finds the latest significant swing and marks its pullback zone. It then checks whether other tools point to the same area, and makes the zone brighter when they do. WHAT IT SHOWS - The latest significant swing (a dotted line from its start to its end) and its pullback levels: 38.2%, 50%, 61.8%, 78.6% and 100% - The turning zo
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Marks rejection candles that form at meaningful price areas, graded A, B or C by how many areas agree. Confirmed on the candle close: never repaints. AurumEdge Rejection Signal looks for candles with a long wick that pushed into an area and was pushed back. It only shows them when they form somewhere meaningful. THE AREAS IT CHECKS - Daily pivot levels (P, R1 to R3, S1 to S3) - The pullback zone of the latest swing (61.8% to 78.6% by default) - The outer Bollinger Bands THE GRADE - A: the wi
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One-click trade panel for MT5: drag your stop-loss line, click BUY or SELL, and the lot size is calculated from your risk. Break-even and trailing stop included. AurumEdge Risk Guard Pro is a trade panel that sizes every position from your risk, so each trade risks what you planned, no more. How it works 1. Drag the red stop-loss line to where your stop belongs. Below the price = BUY, above the price = SELL. 2. Drag the green take-profit line to your target (optional). 3. Click the BUY or SELL b
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AurumEdge Prop Guardian watches your whole account and acts before a prop firm rule is broken. Attach it to one chart and it protects every trade on the account, whether opened by you or by any EA. What it does - Daily loss guard: when equity falls to your daily safety line, it closes all trades and blocks trading until the next day starts. - Maximum drawdown guard: static, trailing equity or trailing balance. When equity reaches the safety line, it closes all trades and blocks trading until
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AurumEdge Market Scanner saves you from flicking through charts. One panel shows where the trend stands on many symbols and timeframes at once, so you can spend your time on the charts that matter. Each row shows - Trend on each timeframe (default M15, H1, H4, D1):   strong up, up, no clear trend, down, strong down - RSI on a timeframe you choose (default H1), highlighted at 70 and above or 30 and below - Day range: how much of the average daily range (daily ATR) today has already covered, hig
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