Orions Bands Suocera MT5

This is my trusted friend of trading.
So... I musted re-write this in MQL5 to use in brokers where there is only MT5.


The indicator is like a mother-in-law, who talks often, talks a lot and often inappropriately.
The indicator, in addition to giving us an entry signal on parameters which I will then list, monitors the trend of the hourly timeframe, OSMA to understand the entry direction, RSI to sense any overbought or oversold conditions from which to abstain, ATR for the volatility and ADX for the trend.
Indicator not recommended for newbies.
Only the human judgment of these parameters, combined with the entry signal, make the indicator truly effective.
It is recommended to use it at suitable times (9.30-11 15.30-17 20-22 GMT+2) on indices and the major Forex exchanges, on a 5-minute timeframe.
Its use is not recommended for neophytes lacking a mature and severe judgment on the signals generated.
The indicator relies on standard deviations on simple moving averages which historically constitute possible key levels to close the order in SL or TP.
The opening rests exclusively on:

  •      (Only for forex) Check the strength of the base currency against other exchange rates
  •      The price is in our favor with respect to the close of the previous candle
  •      the OSMA
The parameters are:

  •      Max Risk in cash : maximum risk in base currency per trade
  •      Compare with... : For Forex only. Compare the changes in the WhatchList or on the whole platform
  •      Wait to close the candle : Generate the signal only at the close of the previous candle
  •      PushNotify : Send signal also in your mobile configured device. Before Configure the device on MT5 in Options->Notifications

    For the rest, it is up to the trader, thanks to the other indications at the top left, to evaluate the goodness of the signal.
    Based on the risk profile per trade (in base currency), TP, SL and trade volume are suggested.





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    Meravith MT5
    Ivan Stefanov
    5 (3)
    Strumento per market maker. Meravith: Analizzerà tutti i timeframe e mostrerà il trend attualmente in corso. Evidenzierà le zone di liquidità (equilibrio dei volumi) dove i volumi rialzisti e ribassisti sono uguali. Mostrerà tutti i livelli di liquidità dei diversi timeframe direttamente sul grafico. Genererà e presenterà un’analisi di mercato testuale a scopo di riferimento. Calcolerà obiettivi, livelli di supporto e punti di stop-loss in base al trend attuale. Calcolerà il rapporto rischio/ren
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    Altri dall’autore
    Solo un indicatore per individuare grande volatilità : Williams Percent. E' stato pensato per l'oro su timeframe 5 minuti, ma può essere utilizzato anche sugli indici con differenti timeframe. Tale Expert Advisor, ancora in fase di sviluppo, intercetta la grande volatilità, aiutando il trader nell'aprire posizioni. In seguito l'intervento umano sarà necessario per la chiusura che deve essere veloce quanto il movimento stesso, oppure lasciare andare con timeframe più elevati. Ad aiutare il trade
    FREE
    Orions WPR
    Umberto Boria
    06/30/23 v1.1 New features. Read before operate. Remarkable configurations: 1) "No close order", "Auto-Hedging" FALSE, "Close all" FALSE : You can transform this EA in a assistant that simply open orders. After you will be the mind of the operativity. Warning : find a good setting of "Pause in minute" and "Max alert" to delay the operativity and filter the wrong signals. These last parameters can change by market condition and asset. 2) "Breakeven and WPR inversion", "Auto-Hedging" FALSE, "Clo
    FREE
    OrionsMoveTarget
    Umberto Boria
    1.5 (2)
    You have good intuitions, but you want more from your trade ... or you are a tireless hedger . Would it be very useful for you if the TP moves further and further with configurable response times and offsets price ? Imagine: You have a buy order on a bullish day on Dow Jones. You set a "take profit" at 200 points, but you know he can give you more! Attach "Orions Move Target" to any chart and it will pass all the open orders in the terminal, moving them following these 3 trivial parameters: 1) "
    FREE
    Sei un testardo e non vuoi chiudere una situazione disastrosa del tuo conto? I tuoi robot hanno fatto un disastro nel tuo account? Nessun problema: c'è Mr. Hedging a risolvere la situazione! L'expert advisor legge ad ogni tick il drawdown reale e, qualora si superi la soglia impostata, partendo dal primo ordine perdente della lista del terminale, lo mette in copertura aprendo un ordine di verso opposto e volume multiplo come da parametro assegnato. E' possibile anche impostare SL e TP per em
    Un metodo semplice e automatico per vincere nel forex. Se non prendi la direzione giusta, l'algoritmo creerà una gabbia (o tunnel di 10 pips) in cui rilanciare continuamente in verso contrario affinché nel globale l'operazione si concluda in attivo. Puoi usare un filtro sugli orari ed avere la certezza di una liquidità sufficiente per il rilancio sia all'avvio che durante l'operatività. Per aprire la prima operazione è necessario avere una buona volatilità controllata con l'indicatore ATR e RSI
    L'indicatore è come una suocera, che parla spesso, parla tanto e spesso a sproposito. L'indicatore, oltre a darci un segnale di entrata su parametri che poi vi elenco, monitora l'andamento del timeframe orario, OSMA per capire il verso di entrata, RSI per intuire eventuali condizioni di ipercomprato o ipervenduto da cui astenersi, ATR per la volatilità e ADX per il trend. Indicatore non consigliato per neofiti. Solo il giudizio umano di questi parametri, congiunto con il segnale di entrata, ren
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