Old High Low Mitigation
- Indicateurs
-
Ich Khiem Nguyen
👋 Bienvenue sur Alpha On Chart
Je développe Alpha On Chart comme un écosystème de support pour les traders de XAUUSD et les utilisateurs de MT5.
Voici ce que vous pouvez découvrir :
🔥 VIP MEMBER - Version: 1.0
- Activations: 10
Section 1: Context and Core Value
Systematic Major Liquidity Sweep and Structural Reversal Validation
Traders frequently encounter execution challenges around prominent swing extremes. Attempting to trade immediate breakouts beyond major historic levels often leads to sharp drawdowns: price briefly breaches the extreme, triggers resting orders, and rapidly snaps back inside the established range. Hesitating after the rejection often results in missing the subsequent directional rotation entirely.
This indicator is engineered to identify structural liquidity sweeps around significant historic price levels. The algorithm continuously monitors key swing boundaries, isolates false expansion moves that raid external liquidity pools, and validates genuine rejection as soon as price closes back within the prior structural range. This provides an objective framework for entering structured reversal and mean-reversion moves.
The tool is optimized for active market sessions and liquid instruments characterized by substantial volume expansion and clear directional follow-through across multiple timeframes.
Section 2: Entry Logic and Trade Management
Visual BUY Confirmation:
- Context: Price pierces below a significant historic swing low to access resting sell-side liquidity.
- Rejection: A bullish candle demonstrates lower-wick absorption and closes firmly back above the swept structural level.
- Execution point: The setup confirms strictly upon candle close; the open of the subsequent bar serves as the execution reference.
Visual SELL Confirmation:
- Context: Price spikes above a prominent historic swing high to access resting buy-side liquidity.
- Rejection: A bearish candle demonstrates upper-wick absorption and closes firmly back below the swept structural level.
- Execution point: The setup confirms strictly upon candle close; the open of the subsequent bar serves as the execution reference.
Protective Stop Loss Placement:
- The system automatically anchors a protective Stop Loss reference beyond the extreme wick of the structural sweep.
- A configurable volatility buffer provides additional clearance against market spread variations and minor secondary tests.
Four Tiered Profit Targets:
- TP1 (0.5R): Structured for rapid risk reduction and early partial scaling frameworks.
- TP2 (0.8R): Standard milestone designed to capture balanced continuation momentum.
- TP3 (1.2R): Full swing target capturing extended directional waves.
- TP4 (2.0R): Extended target engineered to track deeper structural range rotations.
Closed-Bar Signal Logic:
- Signals are calculated and fixed strictly upon the close of the setup bar.
- Signal markers and projected price levels do not recalculate, shift, or disappear once the bar has closed.
All-in-One Trading Toolkit on MT5
Purpose-built for identifying historic swing sweeps and macro liquidity reversals across liquid markets.
Built to support your trading workflow: multi-symbol screening, multi-timeframe confirmation, transparent Entry-SL-TP visual structures, and on-chart historical backtesting.
Multi-Symbol and Multi-Timeframe Scanner
Avoid opening dozens of separate charts.
The integrated MTF SCAN dashboard monitors multiple assets simultaneously across:
M15, M30, H1, H4, D1
Dashboard overview:
- Active Signal Discovery: Shows currently active BUY/SELL setups.
- Signal Status Tracking: Displays basic status of tracked signals (active, near TP, near SL).
- Higher Timeframe Confluence: Highlights when a higher-timeframe trend aligns with a lower-timeframe trigger.
- Market Bias Summary: UP, DOWN, or FLAT reading based on the indicator's own trend filter.
- One-Click Navigation: Click any dashboard cell to switch your active chart to that symbol and timeframe.
Trade Plan Visualization: Entry, Stop Loss and 4-Tier TP Ladder
A full plan displayed on the chart rather than a single alert:
Entry -> Stop Loss -> TP1 -> TP2 -> TP3 -> TP4
- Visual risk/reward zones projected directly onto your candles.
- Basic lifecycle status tracking (Active, TP Hit, SL Hit).
- Non-Repaint Design: Signals lock once the bar closes and do not recalculate, shift, or disappear afterward. This describes the calculation logic only and does not imply any particular outcome.
Signal Filtering (Signal Brake)
Sideways consolidation and two-sided liquidity wicks can generate repeated false signals. The Signal Brake logic is intended to reduce this:
- Limits rapid BUY/SELL flip-flopping in tight consolidation ranges.
- Restricts new same-direction signals while a prior setup is still active.
- Requires a minimum R-distance before the next signal can trigger.
On-Chart Historical Backtest Panel
A built-in panel summarizes how signals performed on historical data for the current settings:
- Historical hit-rate breakdown across TP1, TP2, TP3, and TP4.
- Sample size shown for the configured lookback period.
- Highlights which TP level had the best historical hit-rate for that sample.
- A simple sample-size indicator to help judge statistical relevance.Note: these figures reflect past price data for the tested symbol, timeframe, and settings only. Past results do not guarantee future performance.
Multi-Channel Alerts
Stay informed while away from the chart:
- MT5 Desktop pop-up notifications.
- Audio alerts (.wav).
- Push notifications to the MT5 mobile app via MetaQuotes ID.
Interface
Designed to stay out of the way of your chart:
- 3 size presets: Small (S) / Medium (M) / Large (L).
- One-click minimize and expand toggle.
- Draggable panel that remembers its position across timeframe changes.
Suited For Traders Who Want To:
- Spot liquidity sweeps and false breakout rejections at prominent historical swing levels.
- Execute structural mean-reversion setups using objective closed-candle triggers.
- Position protective Stop Loss boundaries anchored directly to sweep wick extremes.
- Manage trade exposure through a standardized 4-tier risk-to-reward target ladder.
- Scan multiple instruments and timeframes simultaneously for major swing exhaustion setups.
- Inspect historical setup metrics and hit-rate distributions directly on the chart before trading.
Support and Free Trial
A free demo version can be tested in the Strategy Tester and on a demo chart before purchase, through the standard MQL5 Market demo feature.
Want to try the full version before buying? Message me and I'll set you up with a short-term full-feature trial license — just send a message with your account details.
For setup questions or technical support, feel free to send a message through my MQL5 profile.
