Shadow Zone Detector MT5

Shadow Zone Detector

Shadow Zone Detector is a professional and advanced MT4/MT5 indicator designed to identify and visualize optimal premium and discount zones based on higher timeframe (HTF) candlestick shadows. Inspired by ICT (Inner Circle Trader) techniques, this tool allows traders to quickly spot high-probability areas for entries and exits with a clear, visual representation.

Key Features:

  • Premium & Discount Zones: Automatically detects the upper and lower wick zones of previous HTF candles and projects them onto the current candle.

  • 50% Optimal Wick Zones: Only the top 50% of the upper wick and bottom 50% of the lower wick are highlighted, ensuring precise and compact zones for higher accuracy.

  • Opposing Labels: Each zone is labeled for clarity — Buy Zone for discount areas and Sell Zone for premium areas — while the opposite zone receives the corresponding opposite label, making your chart instantly readable.

  • EQ Line: Calculates and displays the equilibrium line (midpoint of the HTF candle) for better reference.

  • Dynamic HTF Projection: Works with any timeframe. Data is taken from the previous HTF candle and projected to the current candle, following ICT's shadow trading methodology.

  • Automatic Object Management: All graphical objects (zones and labels) are automatically created and deleted when necessary, and removed completely when the indicator is removed from the chart, ensuring a clean workspace.

  • Customizable Colors and Timeframes: Easily adjust Premium/Discount colors and the HTF timeframe to match your trading style.

How It Works:

  1. The indicator analyzes the previous candle of the selected higher timeframe.

  2. It calculates the candle's upper and lower shadows and the midpoint (EQ).

  3. The top 50% of the upper shadow is marked as the Premium Zone and the bottom 50% of the lower shadow as the Discount Zone.

  4. Each zone is labeled accordingly with “Buy Zone” or “Sell Zone” to indicate potential trading opportunities.

  5. Zones are projected onto the current HTF candle, providing a forward-looking view of critical support and resistance areas.

Why Use Shadow Zone Detector:

  • Quickly identify high-probability trading zones based on price structure and wick analysis.

  • Visualize market sentiment and potential reversals.

  • Reduce guesswork and improve timing for entries and exits.

  • Fully automated yet fully transparent — everything is drawn for you, but you can see the logic behind each zone.

Whether you are a professional trader or an enthusiast exploring ICT-based strategies, Shadow Zone Detector gives you a clear edge in spotting optimal trade zones with precision and confidence.


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Alexey Minkov
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STE S.S.COMPANY
4.85 (104)
Indicatore di tendenza, soluzione unica rivoluzionaria per il trading di tendenze e il filtraggio con tutte le importanti funzionalità di tendenza integrate in un unico strumento! È un indicatore multi-timeframe e multi-valuta al 100% non ridipingibile che può essere utilizzato su tutti i simboli/strumenti: forex, materie prime, criptovalute, indici e azioni. Trend Screener è un indicatore di tendenza che segue un indicatore efficiente che fornisce segnali di tendenza a freccia con punti nel gra
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Roman Podpora
5 (1)
LINEE DI TENDENZA PRO  Aiuta a capire dove il mercato sta realmente cambiando direzione. L'indicatore mostra reali inversioni di tendenza e punti in cui i principali operatori rientrano. Vedi   Linee BOS   Cambiamenti di tendenza e livelli chiave su timeframe più ampi, senza impostazioni complesse o rumore inutile. I segnali non vengono ridisegnati e rimangono sul grafico dopo la chiusura della barra. VERSIONE MT4   -   Svela il suo massimo potenziale se abbinato all'indicatore   RFI LEVELS PRO
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Roman Podpora
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L'indicatore mostra accuratamente i punti di inversione e le zone di ritorno dei prezzi in cui il       Principali attori   . Vedi dove si formano le nuove tendenze e prendi decisioni con la massima precisione, mantenendo il controllo su ogni operazione. VERSION MT4     -    Rivela il suo massimo potenziale se combinato con l'indicatore   TREND LINES PRO Cosa mostra l'indicatore: Strutture di inversione e livelli di inversione con attivazione all'inizio di un nuovo trend. Visualizzazione dei li
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