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Lighthouse MT5

You want to become a constantly profitable 5-star forex trader?

1. Read the basic description of our simple trading system and it's major strategy update in 2020 

2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat

Lighthouse is an amazing precise and reliable support and resistance indicator.
It displays the most important trading levels and draws them according to their relevance.
If a level is clearly broken, it changes its role and color. Support becomes resistance and vice versa.

Key Features

  • Automated adjustment to the underlying time frame
  • Displays only significant support and resistance levels
  • Immediate graphical response if a level is clearly broken
  • Thicker drawn SR levels are more important than thinner ones


General Settings

  • Analysis mode: Select between three different scan modes (intraday, medium and high time frames) or use the automatic adjustment which is set by default.
    The automatic mode adjusts the used analysis mode based on the underlying chart time frame.
  • Sensitive mode: The sensitive mode identifies more support and resistance levels. We recommend using it if you are an intraday trader. Set this to false if you like to reduce the number of drawn SR levels
  • SR Distance in Pips: This changeable value is the basis for the built-in support and resistance level distance check. It measures the distance between the current price and the next Lighthouse levels.

The default and recommended minimum value is 5 pips. If the current price is closer than 5 pips to the next support or resistance level, you will see the state „WAIT“.

If the distance between the current price and the next support or resistance level is bigger than 5 pips, you will see „GO“.

The value for SR Distance in pips is customizable. So please fill it with the value that suits your strategy best.

  • Fill buffers with: The price values of the SR levels OR the results of the built-in calculations.

This option is especially for EA developers. According to your requirements, you can use the Lighthouse calculation and buffers in two ways.

By default, Lighthouse fills all eight accessible buffers with the values of the eight most important support and resistance levels.

But you can fill it with the following values as well: SRDistanceCheckResult, HighestSR, LowestSR, NextAbove, NextBelow

Please send a confirmation of your Lighthouse purchase to receive the according code snippets.


Graphical Settings

  • Display SR check box: Displays the result of the built-in SR level distance check at the left side of your chart. Set to false if you like to hide this check box.
  • Display Lighthouse levels: This parameter is responsible for all drawn support and resistance levels. If false, the drawn lines are hidden.
  • Display Levels in the background: Displays all SR levels behind the price candles. Set to true if you like to draw them in the foreground.
  • Color, Font and Thickness settings: You are able to change the defaults of the text blocks and set your own colors for the drawn support and resistance levels. Create it as you like it best.


Notification Settings

  • Enable SR distance warning: Set to true and you will get an alert if the price comes close to the next SR level.
  • Enable SR switch notification: Set to true and you will get an alert if a SR Level changes its role from support to resistance or vice versa.
  • AlertsOn: You will benefit from several alert and notification options like audio, e-mail or mobile notifications. False disables all alerts.
  • AlertsMessage: You will get an alert message in your MetaTrader 4 platform.
  • AlertsSound: You will get an audio notification in your MetaTrader 4 platform.
  • AlertsEMail: You will get an e-mail if you set up the correct e-mail settings for your e-mail provider at your MetaTrader 4 platform.
  • AlertsNotification: You will get a notification on your mobile device if you set up the mobile notification settings of your MetaTrader 4 platform.
  • Soundfile: Enter the name of a sound file to hear an individual audio notification. The selected sound file must be installed in the “Sounds” directory of your MetaTrader 4 platform.
Reviews 16
Raymond Kelley
608
Raymond Kelley 2021.04.08 18:33 
 

Best Support and resistance on MT5.

Danny
376
Danny 2021.02.28 05:01 
 

Good indicator to filter out trades based on proximity to SR levels. Easy to use and set. I wish Daniel will add similar functionality based on daily/weekly fibo pivot levels too. Thumbs up!

LUKE PERRETT
3412
LUKE PERRETT 2021.02.09 23:13 
 

Keep up the great work Steins. Read, Read and Read more. Its all here as a package. Bring your discipline to the table along with the correct money management. Have realistic expectations and move forward.

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Description: The Volume Profile displays detailed informations of historical trading activities at certain price levels. Locate the areas with the best prices in the market and get an advantage over other market participants. Features: Customizable Volume Profile Shows the "fair" Value Area with 70% of all Volume Shows critical low volume zones Shows VPOC, VAL and VAH Points Works on all timeframes Automatic calculation your defined timeset in all timeframes Drag & Drop for live calculation
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Laguerre VIX Trend Extremes MT5
Laguerre VIX Trend Extremes MT5
Libertas LLC
The  Laguerre VIX Trend Extrema   (LVTE)  indicator detects market tops and bottoms. As its name suggests, LVTE is a percentage price oscillator that identifies extreme ranges in market price. As described in John F. Ehlers book  "Cybernetic Analysis for Stocks and Futures,"  incorporating Laguerre's equation can facilitate more advanced trend detection and smoother filters, while requiring less data. Here, we use multiple variants on Laguerre's equation, for robust detection of price maxima and
99 USD
Indicador Taurus All4 MT5
Indicador Taurus All4 MT5
Fabio Oliveira Magalhaes
Indicador Taurus All4   Taurus All4 O Taurus All4 é um indicador de alto desempenho, que indica a força da tendência e você pode observar a força da vela. Nosso indicador tem mais de 4 confirmações de tendência. É muito simples e fácil de usar. Modos de confirmação Confirmações de tendências de velas: Quando a vela muda para verde claro, a tendência é alta. Quando a vela muda para vermelho, a tendência está voltando para baixo. Quando a vela muda para vermelho escuro, a tendência é baixa.
200 USD
PAX3 Price Action Indicator
PAX3 Price Action Indicator
Marco Aurelio Santos Costa
You probably won't see the power of the indicator in the backtest, because it uses 3 windows, something you can't do, in the DEMO version that the site offers.  I trust 100% on my work and on my indicator, if you want a test version, send me a message, different from other sellers, who just want to "sell", I want whether you have a full version before renting and deciding. Many people have requested the purchase of the life time indicator, so I am making it available for a limited time. Life Ti
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Advanced Price Pattern Scanner MT5
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
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ACB Breakout Arrows MT5
ACB Breakout Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. MT4 Version is available here https://www.mql5.com/en/market/product/20818 Key features Stoploss   and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the breakout signals ac
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PZ Lopez Trend MT5
PZ Lopez Trend MT5
Arturo Lopez Perez
This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indicator analyzes its own quality and performance It
149 USD
All Harmonics 26
All Harmonics 26
Alexey Isavnin
Harmonic patterns are characteristic series of price movements with respect to Fibonacci levels, which statistically precede price reversals. This indicator searches for harmonic patterns. It is capable of recognising 26 classical and non-classical harmonic patterns : Classical Gartley Butterfly Alternate Butterfly Bat Alternate Bat Crab Deep Crab Three Drives Non-classical Shark Alternate Shark Cypher 5-0 Anti Gartley Anti Butterfly Anti Alternate Butterfly Anti Bat Anti Alternate Bat Anti Crab
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PyTrader MT5
PyTrader MT5
Offpista LTD
Documentation for connecting Metatrader 5 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The   Pytrader   ecosystem consists of a python script and a MT5 or MT4 version EA.   Further for the licensing an indicator is used.   The communication between the python script and the EA is based on sockets. EA is the   Server   and the python script the   Client .   It is always query(function / python script) and output(data / serv
88 USD
Naked Forex Tweezer Pro Indicator for MT5
Naked Forex Tweezer Pro Indicator for MT5
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let users
177 USD
Arrow Signal
Arrow Signal
Vladimir Karputov
The indicator has a minimum of settings - this is a code of signal arrows: The Buy signal is encoded by the Buy Arrow code parameter The signal "Sell" is encoded by the Sell Arrow code parameter Arrow codes for signals (32 to 255) are taken from the Wingdings font. The indicator works on every tick and searches for signals on the current bar - therefore, situations are possible when a signal appears and disappears on the current bar.
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FX Volume
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Following the smart money is finally possible! FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. How to trade with FX Volume?   Click to
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Lighthouse
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FX Volume MT5
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Following the smart money is finally possible! FX Volume   is the FIRST and ONLY volume indicator   that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solution for your trading. How to trade with FX Volume?   Click
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FX Power MT5
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You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Power MT5 is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Features of FX Power M
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FX Trend MT5
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You want to become a constantly profitable 5-star forex trader? 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powe
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Trade Manager MT5
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️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat The Trade Manager MT5 is the ideal addition for all  FX Trend  users which like to use a fully automated trade management. It detects your manually opened trades immediately and manages their stops au
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FX Trend MT5 free
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Daniel Stein
️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend MT5 free displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, h
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FX Trend free
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️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend free displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how
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FX Power MT5 free
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️️️️️ You want to become a constantly profitable 5-star forex trader? ️️️️️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Power MT5 is the first real-time currency strength meter with a real-time histogram. It analyzes the momentum and strength of all major currencies to determine high probability currency combination
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SI Connect
SI Connect
Daniel Stein
SI Connect is a utility that establishes the connection to our servers in order to use FX Volume and get it updated constantly. Allow web requests and insert  http://stein.investments  to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors. You need only one running EA instance per terminal but it has to run constantly in the background  to grab the latest data from our data center. In case of questions just contact us directly via this Telegram link  
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SI Connect MT5
SI Connect MT5
Daniel Stein
SI Connect is a utility that establishes the connection to our servers in order to use  FX Volume MT5 and get it updated constantly. Allow web requests and insert  http://stein.investments  to the list of allowed URLs in your Terminal Options -> Subcategory Expert Advisors. You need only one running EA instance per terminal but it has to run constantly in the background to grab the latest data from our data center. In case of questions just  contact us directly via this Telegram link
FREE
Filter:
Raymond Kelley
608
Raymond Kelley 2021.04.08 18:33 
 

Best Support and resistance on MT5.

Danny
376
Danny 2021.02.28 05:01 
 

Good indicator to filter out trades based on proximity to SR levels. Easy to use and set. I wish Daniel will add similar functionality based on daily/weekly fibo pivot levels too. Thumbs up!

LUKE PERRETT
3412
LUKE PERRETT 2021.02.09 23:13 
 

Keep up the great work Steins. Read, Read and Read more. Its all here as a package. Bring your discipline to the table along with the correct money management. Have realistic expectations and move forward.

daduduxiong
158
daduduxiong 2021.02.03 08:53 
 

i use lighthouse, but in M15 Chart it can't zoom out the chart, can you look at it...

Daniel Stein
104484
Reply from developer Daniel Stein 2021.02.03 09:33
I contact you via private message. Please check your inbox/messages section here on mql5.com
Devonish
1623
Devonish 2021.02.02 10:50 
 

Thank you for continued support/development of this product.

Danny Yong
268
Danny Yong 2020.11.10 04:10 
 

It displays the S&R level precisely in every timeframe chart as needed. This is the most important tool for me among all Daniel's indicator!

Joshua Jeffries
118
Joshua Jeffries 2020.10.22 17:22 
 

This tool is a must for every trader out there! The SR levels are so precise with many configurable options to suit your trading style. I used to draw all SR levels on templates and update them weekly. Not any more, not with Lighthouse. I love it, as I love all of Daniel's tools and i don't use the word lightly. In my time on MQL5 i have only ever bought 14 products, four of these are Daniels. Thanks Daniel for enhancing my trading!

Luigi Marazzi
122
Luigi Marazzi 2020.10.20 03:46 
 

Simple clear and easy to understand. alerts "WAIT" in proximity to support or resistance levels, alert changes to" GO" when clear. Use it in concert with FXtrend and FXPower to significantly improve the probability of entering a good trade. Perhaps even stop you trading right into a big resistance level

Stephan Grobler
127
Stephan Grobler 2020.08.29 13:02 
 

No nonsense indicator, and a great entry/exit help.

Detleff Böhmer
1333
Detleff Böhmer 2020.07.01 20:10 
 

Super Arbeit, der Indikator arbeitet sehr genau.

temiking
272
temiking 2020.06.08 09:56 
 

Great and excellent tool.

M Iqbal Akbar
468
M Iqbal Akbar 2020.04.30 22:01 
 

work properly on big timeframe.

TomiFkg
175
TomiFkg 2020.02.17 18:37 
 

Great tool, work well.

Stefan001
1842
Stefan001 2019.01.02 11:31 
 

User didn't leave any comment to the rating

Nguyen Van Tuan
7669
Nguyen Van Tuan 2018.07.07 05:32 
 

User didn't leave any comment to the rating

skih
551
skih 2018.04.30 09:38 
 

Great tool. Shows exactly the lines of support and resistance. Thx !

Reply to review
Version 3.41 2020.09.21
Further improvement of our new in-display function
Version 3.39 2020.09.21
Reactivated EACall mode for iCustom requests
Version 3.38 2020.09.18
Show/hide the SR levels with just one click on the "Check" label in the SR checkbox
Version 3.37 2020.06.07
Metaquotes provided important fixes in MQL5 and asked us to recompile all our market tools.
So please update your local copy to the latest available to benefit from bug fixes and improvements.
Version 3.36 2020.05.03
Optimized data handling
Version 3.34 2019.04.29
Fixed level draw bug when markets are closed
Version 3.31 2019.02.26
Now it's possible to switch the analysis modes directly on the chart
with just one click on the modes label below the GO/WAIT status
Version 3.26 2018.10.28
Update for new MT5 build 1930

Please update your copy to benefit from the latest product improvements.
Version 3.25 2018.03.08
Now it is possible to run more than one Lighthouse instance per chart.
This allows you to run and compare different analysis mode settings.