RiveR Scope Lite

RiverScope Lite automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (the lite version is limited to 10, while the full version has 30+).

The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in real time depending on the current price.


Advantages

  • in the lite version, the timeframes for calculating the main and additional support and resistance zones are fixed
  • convenient display of the zones and levels on the chart
  • display of the information about the range in points for the main and additional zones
  • output of the information about the current market situation (average volatility, size of the candle body, its upper/lower wick and their difference, which indicates the probable direction of the price using colors: Bullish - blue, Bearish - red)
  • information of the price movement: ranges and path passed during the current day, the previous day and average for 5 days
  • comfortable display of time until the current candle closes
  • determines the gaps and displays information on the number of points before it "closes" in real time
  • the lite version easily identifies 10 price action patterns (with additional filtering)
  • convenient display of information about patterns and gaps: bullish ones have blue color, bearish - red
  • Goiler levels, which based on the principles of analysis by Gann, provide additional information on trades or strong levels.
    • The Goiler levels show the probability of trade direction: if the light green line is above the dark gray line, it is a buy signal, if lower — sell signal. Light green - take profit, blue - take profit 2, red - stop loss, orange - either stop loss or (depending on the market situation) the market entry point.
    • The Goiler levels can also be used similar to all other support/resistance levels (because the levels are strong enough, i.e. trade either level rebounds or breakouts.


Settings

- Main options -

  • Main TimeFrame - the 1 Minute timeframe is fixed in the lite version
  • Extra TimeFrame - the 5 Minutes timeframe is fixed in the lite version
  • History bars for Levels – the number of bars to calculate the support and resistance areas (500 recommended)
  • History bars for Info – the number of bars to calculate the information about the current market situation (50 recommended)
  • Path length price - enable/disable the information on price path

- Colors -

  • Color Resistance-level Main - the color of the MAIN resistance level
  • Color Support-level Main - the color of the MAIN support level
  • Color Resistance-level Extra - the color of the ADDITIONAL resistance level
  • Color Support-level Extra - the color of the ADDITIONAL support level
  • Color Resistance-zone Main - the color of the MAIN resistance zone
  • Color Support-zone Main - the color of the MAIN support zone
  • Color Resistance-zone Extra - the color of the ADDITIONAL resistance zone
  • Color Support-zone Extra - the color of the ADDITIONAL support zone
  • Color Goile Entry level - color of the entry level (by Goiler)
  • Color Goile Entry2 level - color of the second entry or stop loss level (by Goiler)
  • Goile Take Profit level - color of the take profit 1 level (by Goiler)
  • Goile Take Profit 2 level - color of the take profit 2 level (by Goiler)
  • Goile Stop-Loss level - color of the stop loss level (by Goiler)

- Additional levels -

  • Bank-level - enable/disable the bank level
  • Min/Max price previous day - enable/disable the min/max price level of the previous day
  • Goiler-level (analize Gann) - enable/disable the Goiler levels

- Price Action options -

  • Check GAP - enable/disable the gap control
  • Begin from TimeFrame - the pattern recognition is locked to 1 and 5 minute timeframes in the lite version
  • Filter Price Action - enable/disable pattern filtering
  • List of patterns (30+ in the full version):
  • Engulfing - on/off
  • Inside Bar - on/off
  • Belt Hold - on/off
  • DBLHC & DBHLC - on/off
  • TBL & TBH - on/off
  • Hammer & Shooting Star - on/off
  • Morning Star & Evening Star - on/off
  • Piercing & Dark-cloud cover - on/off
  • Pin Bar - on/off
  • Doji - on/off

Added integration with RiveRControl

The product will be improved and supplemented.

If you have questions or suggestions please send me a message.

https://www.mql5.com/en/users/mavrix/blog

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Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
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Issam Kassas
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Indicators
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes
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Indicators
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
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Indicators
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
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Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
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Indicators
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
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Indicators
The indicator displays the horizontal volume profile in the specified area (BOX) and the maximum volume (POC). Product Features. 1. You can use ticks or just price. 2. Adaptive grid spacing (M1-MN). 3. Adaptive high volume (median) search step depending on box size. 4. Automatic chameleon color for box lines and buttons. 5. Multiple boxes, easy to create and delete. 6. 70% volume area (enable in settings). 7. There is an alert for touching the maximum horizontal volume line (POC). 8. VWAP. 9. C
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RiverScope automatically determines the nearest most important price levels and support and resistance zones in history, it also identifies a large number of price action patterns (30+). The support and resistance levels are determined based on an algorithm that calculates and filters the historical values of the price, its movement character, volumes, etc. It displays the current situation, therefore the nearest levels change in real time depending on the current price. Advantages flexible cus
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A powerful assistant for manual trading. Execute a deal with one click and manage the trade volume, stop loss and take profit, according to your trading strategy, without being distracted from the chart. The product can also visually preview your levels of entry into the market, stop loss and take profit before placing an order. Advantages easy and intuitive interface the control panel in real time 3 modes of setting the order volume 6 stop loss setting modes 5 profit take setting modes calcula
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Tim Eubanks
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Tim Eubanks 2018.02.27 19:04 
 

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Gennadiy Voltornist
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Gennadiy Voltornist 2017.05.17 17:30 
 

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