MelloEntryLight

  • Indicators
  • Ritthanong Chimpa
    Ritthanong Chimpa
    Algorithmic trading focused on survival, not speed.
    AURORA PRIME is not designed for fast profit.
    It is designed for survival, stability, and long-term capital preservation.
    This system was built under the philosophy that:
    “Staying alive in the market is already a win.”
  • Version: 1.0
  • Activations: 10

MelloEntryLight puts the checks you make before an entry on one panel, separately for buy and sell, and shows a GREEN, YELLOW or RED light for each side. It never trades.

How the light is scored

  • Room to the swing (0-3): distance from price to the swing high for a buy, or to the swing low for a sell, measured in ATR(H1). Too close turns the light red at once.
  • Votes (0-3): EMA slope and price side on M1, M5 and M15, plus the M1 MACD histogram and MACD line.
  • Trend (0-3): EMA and MACD direction on four timeframes (M1, M5, M15, M30 by default).
  • MACD momentum (0-2): a rising (or falling) histogram over three closed bars.

7 or more is GREEN, 4 to 6 YELLOW, lower is RED. Price inside an opposing fair value gap also turns the light red.

Checklist shown next to the score

Change of character (CHoCH), wick rejection, Fibonacci pullback 38.2 to 61.8, Stochastic cross from the 40/60 zone, and opposing FVG. These are shown for context and are not part of the score.

Live guards

Spread compared with ATR, volatility compared with its 100-bar average, trading hours, high-impact news of the pair's currencies from the MetaTrader 5 calendar, net lots already open on the symbol, and market closed. When a guard fails, the side shows BLOCKED with the reason.

No repaint

Closed bars are scored from closed data only. Marks on the chart show the bars where a side turned GREEN at the close. The panel for the current bar follows the live price until the bar closes.

For EA developers

Buffer 0 buy score, 1 sell score, 2 buy light, 3 sell light (2 green, 1 yellow, 0 red, -1 blocked). Read shift 1 for the last closed bar.

What our tests showed

In the Strategy Tester we checked what happened 15 bars after a light turned green on XAUUSD and EURUSD (M1 to H1). Price moved the light's way in about 46 to 53% of cases, close to random. The light does not predict direction. It is a gate against entries that are not ready, to be used with your own plan and risk management.

Inputs

Four timeframes, EMA and MACD periods, swing lookback, room levels, green and yellow scores, FVG block, spread, volatility, session and news guards, net lot limit, history marks, alerts and push notifications, panel corner and size.

This indicator does not promise any result. Trading leveraged products involves a high risk of loss.

Support is provided through the comments on this page and MQL5 messages.

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MelloNewsClock puts the time left in the current bar and the next economic events on your chart. The events come from the economic calendar built into MetaTrader 5, so it needs no DLL, no WebRequest and no website to allow. Clock Time left in the current bar, in the panel and next to the price When the market is closed it shows the time until the next trading session Server time and your local time Spread now, with the average and the maximum since the indicator started Economic events The next
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MelloRiskCalculator tells you the lot size for the risk you choose, before you place a trade. Drag three lines on the chart, entry, stop loss and take profit, and the panel updates at once. It is a calculator only: it never places, changes or closes orders. How it works Risk as a percent of balance, a percent of equity, or a fixed amount of money The lot is rounded down to the broker's lot step, so the risk is never more than you asked If even the minimum lot risks more than you chose, the panel
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Aurora Commander Pro is a multi-symbol board for MetaTrader 5. Attach it to one chart to monitor up to 15 symbols, read a rule-based score for each one, and trade manually or automatically from the same panel. It needs no DLL and no external service. How the score works Each symbol receives a score from 0 to 100 from five factors, recalculated once per minute: - Trend: price against the EMA 200 on H4 and D1 - Z-score: distance of price from its M15 average - Flow: tick volume over the last fou
MelloVision
Ritthanong Chimpa
MelloVision is a chart analysis indicator for MetaTrader 5. It reads the last weeks of price action and draws the structure that matters, then scores every test of a level so you can see where price, momentum and volume agree. What it draws - Swings with HH / HL / LH / LL tags, BOS and CHoCH lines - Supply and demand zones from the candle that caused each structure break, extended until price closes through them - An automatic range box when the market moves sideways, extended to the right - Re
MelloDesk Trade Panel is a manual trading panel for MetaTrader 5 that puts risk control first. Every order is sized from your stop distance, every new order is checked against your daily loss and open-risk limits, and open positions are managed with a partial close and breakeven at a fixed R multiple. How it works - Pick a chart (M15 or H1 is a good start). The panel reads the trend on two higher timeframes (H1 and H4 by default) and on the chart timeframe using a 20-period EMA and its slope. -
MelloGuard protects every trade and the whole account. It adds a stop loss and a take profit to any position that has none, moves stops to breakeven and trails them, and enforces a daily loss limit, a maximum drawdown and a daily profit target by closing positions and blocking new trades until the next day. Automatic stop loss and take profit - Works on manual trades, on trades from other Expert Advisors, or on one magic number - All symbols from one chart, or the chart symbol only - Stop loss
MelloDivergence finds regular and hidden divergence from up to five oscillators at the same time - RSI, MACD histogram, Stochastic, CCI and On Balance Volume - and shows only the swings where a minimum number of them agree. A multi-symbol, multi-timeframe dashboard shows the latest divergence on every market you follow. No repaint, no back-painting A swing can only be known after the bars on its right have closed. MelloDivergence waits for that confirmation and draws the arrow on the bar where
MelloStrength measures the strength of USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD - plus gold and silver - from the 28 major and cross pairs, and shows it on one common scale: a Z-score. A reading of +2 means the currency has moved up twice as much as it typically does over the same number of bars, so a strong JPY and a strong GBP can be compared directly. How strength is measured - Each currency gets a basket index: the average of its 7 pairs, with the sign turned so that a rising index means a
MelloScanner watches many symbols and timeframes at once and tells you where price has just tested a meaningful level - a supply or demand zone, the edge of a range, or an old reversal level - and how much evidence lines up at that test, as a score from 0 to 9. The nine factors 1. Price tested a level: an order-block zone after a break of structure, a range edge, or an old reversal level 2. The level has reversed price three times or more 3. The test is inside the 50-78.6% retracement of the la
MelloTrend is a filter for your own trading decisions. On every closed bar it gives one verdict: BUY side only, SELL side only, or stand aside - based on the trend, the higher-timeframe trend and whether the market is worth trading right now. The trend line itself is coloured with the verdict: green, red or grey. What the verdict checks - Trend: an ATR trend line (default ATR 10 x 3.0) that flips only on a close beyond the line - Higher timeframe: the trend line of the next timeframe up (M15 ->
MelloLiquidity maps two things on the chart: fair value gaps that have not been filled, and liquidity levels that have not been taken. When a bar wicks through a level and closes back, it marks a sweep. Everything is decided on closed bars, so history shows what you would have seen live. It needs no DLL and no external service. Fair value gaps - A three-bar imbalance, with a minimum size in ATR so small gaps are ignored - Stays on the chart until filled. You choose what filled means: touched, m
MelloTrendlines draws trend lines and channels for you, through swing highs and lows that are already confirmed. It marks when a bar closes through a line and when price later comes back to test it. Every mark is decided on a closed bar, so marks never move or disappear afterwards. It needs no DLL and no external service. Lines Support lines through rising swing lows, resistance lines through falling swing highs (other slopes can be allowed) A line is drawn only if no wick crossed it between its
MetaTrader 5 has no timeframe below one minute. MelloSecondsChart builds 1, 2, 3, 4, 5, 6, 10, 12, 15, 20 or 30 second bars from the real ticks of your chart symbol and stores them in a custom symbol, such as XAUUSD_S10. Open its M1 chart and every bar is one seconds bar, so you can use any indicator, EA or drawing on it. It never trades. How it works Attach it to the chart of the symbol you want and choose the seconds per bar It builds history from recent ticks (up to 7 days) and keeps adding n
Aurora Prime MT5
Ritthanong Chimpa
Aurora Prime MT5 is the MetaTrader 5 version of Aurora Prime for MT4. It is a grid Expert Advisor with a lot multiplier, one hedge step and an equity hard stop. All rules are fixed and shown on the chart panel. It needs no DLL and no external service. How it trades First entry: the M5 MACD (12,26,9) main line crosses zero. Price must agree with the H4 EMA 50 and the H1 EMA 200, M15 RSI must not be above 65 for a buy or below 35 for a sell, and M5 RSI must be inside 25 to 75. Grid: if price moves
Five rule-based strategy sets built from the Mello indicators, in one Expert Advisor for gold (XAUUSD). Closed M15 bars, one position at a time, a stop, a target and a time exit on every trade. MelloPlaybook runs the combinations of Mello tools that tested best together on gold as automatic rules. Each set has one entry event and one or two filters, decided on closed M15 bars. The tools it needs are built into the EA, so you do not need to buy them separately. The five sets B (default) VWAP recl
Mello Trade Copier copies trades between MetaTrader 5 terminals on the same computer or VPS. Attach it in Master mode on the source account and in Receiver mode on each destination account, using the same channel name. It needs no DLL, no server and no internet service of its own. What it copies New trades, with stop loss and take profit Stop and target changes Partial closes, in proportion Closes Pending orders are not copied while they wait. They are copied when they fill and become trades. Wh
Mello Trade Dashboard shows the results of your own trading account on the chart, read directly from the account history. It answers simple questions: how did today, this week and this month go, which symbols and which Expert Advisors make or lose money, at what hours, and how deep was the drawdown. It opens no trades, needs no DLL and sends nothing outside the terminal. Summary page Net result and gain in percent for today, this week, this month and the period you choose Closed trades, win rate
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