Erv Smartzone Zones Market Structure Indicator

ERV SMARTZONE is an MT5 indicator that maps supply and demand zones based on RBR, DBD, RBD, and DBR patterns. It also shows market structure, Fibonacci levels, and BOS/CHoCH, all controlled from a button panel on the chart.

Key features:

  • RBR and DBD zones (trend continuation), plus RBD and DBR zones (reversal)
  • Two detection modes, BASE first or PIVOT first, switchable from the panel
  • Two display modes: TRADE (zones worth trading) and PATTERN (all detected patterns)
  • SNR zones with zone merging, fresh or weak status, and ATR-based zone width
  • ZigZag pivots with pivot dots, pivot count labels, and a warning when pivots accumulate
  • Market structure labels HH, HL, LH, and LL, using ATR reversal or fractal pivot methods
  • Fibonacci retracement lines with three adjustable levels (default 0.382 and 0.618), plus level tags on zone labels
  • BOS and CHoCH with wick or close confirmation
  • Button panel on the chart that can be minimized or turned off, with keyboard shortcuts 0 to 7 and 9
  • Optional send-to-EA: click a zone label to send its distal and proximal levels to the ERV SMART SCALP EA (off by default, enabled in the SEND TO EA ERV settings)

Settings are organized into 8 input groups: display, RBR/DBD zones, SNR, structure, Fibonacci, BOS/CHoCH, general, and send-to-EA.

Notes:

  • This indicator only displays zones and structure. It does not open, manage, or close trades.
  • Trading involves risk. Past results do not guarantee future results.
  • Version 2.62, for MetaTrader 5.
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