Obaforex Three Phase Map MT5

It shows you which of the three market phases price is in, on any symbol and timeframe:

• Range (contraction). Price tightens and balances. The indicator draws the range as a box.
• Expansion. Price leaves the box and explores both sides. Traders get whipsawed here.
• Trend. Price moves away from its old average and settles at a new level. The cycle then starts again.

• Range boxes. Each box is drawn only over the bars that were actually inside the range. Its colour tells you how the range resolved: blue while it is waiting, grey after one expansion leg, green after two, and green with a red outline after three or more.
• Average price line. This is the white line through the middle of the range, the market's fair value from that contraction. It keeps running until a new range forms, so you always have a reference level. It is bright when the breakout agrees with the higher timeframe and dim when it does not.
• Numbered expansion legs (1, 2, 3…). The swings that come out of each range. A leg is only numbered once price confirms it by moving out the other side.
• Liquidity lines. Every confirmed leg leaves a dotted line at its extreme. That is where traders who entered on the move are forced to act. The line runs until price trades through it.
• Projected targets. Every leg projects its swing (×2 by default, or several multiples such as 2, 3 and 4). Each target is marked hit (✓) or missed, so you can see how the projections played out on your market.
• Trend line and bias line. A fast trend line with start dots and end markers. An optional, steadier bias line can also be shown on the chart.

• The phase on this timeframe, plus the phase and bias of a higher timeframe of your choice (H4 by default).
• The nearest liquidity above and below price, with its distance in ATR.
• A candle countdown.
• Statistics measured on your chart: how many legs ranges produce, how often targets are hit, and how often liquidity lines get swept and how quickly.

• No repainting. All phase decisions are made on closed bars.
• A light load on the terminal, even on M1 with years of history.
• Every setting can be adjusted: range sensitivity, how far price must move before a new range, the higher timeframe, targets, colours, how much history to draw, and more.
• Values outside a safe range are corrected automatically, so no setting can break the indicator.
• For EA developers: the phase, direction, box top and bottom, average price, latest liquidity level, higher-timeframe bias and the bias line are all readable through iCustom (buffers 9–18).