OrionEdge Efficiency Flow
- Indicatori
- Versione: 1.0
- Attivazioni: 5
OrionEdge Efficiency Flow — MQL5 Market Product Description
Short Description
OrionEdge Efficiency Flow is a MetaTrader 5 custom indicator that measures directional price efficiency, compares it with a signal line, and displays momentum flow crosses with histogram and optional arrows.
Main Description
OrionEdge Efficiency Flow is a professional MetaTrader 5 custom indicator designed for manual traders who want a clean oscillator based on directional price efficiency. It is not based on RSI, ATR, Donchian channels, Bollinger Bands, MACD, or Stochastic logic.
The indicator compares the net price change over a selected period with the total path traveled by price during that same period. This creates an efficiency value from -100 to +100. A value near +100 means price moved upward efficiently with little counter-movement. A value near -100 means price moved downward efficiently with little counter-movement. Values near zero suggest choppy or inefficient movement.
A signal line is then calculated from the efficiency flow line. Bullish or bearish arrows can be displayed when the flow line crosses the signal line with enough strength. By default, signals are based on closed bars only, which means the indicator does not repaint closed-bar signals and does not use future candles.
This indicator is intended for visual analysis and manual decision-making. It does not open trades, close trades, manage positions, use martingale, use grid logic, call DLL files, access files, or use WebRequest.
Core Formula
Efficiency Flow = 100 × Net Change / Total Price Path
Where:
Net Change = Current Close - Close N bars ago
Total Price Path = sum of absolute close-to-close changes over the same period
The value is limited to the range from -100 to +100.
Key Features
- Directional price efficiency oscillator.
- Signal line for momentum flow crosses.
- Bullish and bearish histogram.
- Optional buy and sell arrows.
- Optional popup alerts.
- Closed-bar signal mode by default.
- No future data.
- No repainting of closed-bar signals.
- No automatic trading.
- No DLL.
- No WebRequest.
- No file access.
- Professional MT5 indicator structure.
Input Parameters
Efficiency Period
Default: 18
Controls the lookback period used to compare net price movement with the total price path.
Signal Period
Default: 9
Controls the smoothing period of the signal line.
Minimum Signal Strength
Default: 8.0
Controls the minimum positive or negative flow value required for an arrow signal. Higher values reduce weaker signals.
Show Histogram
Default: true
Shows or hides the bullish and bearish histogram.
Show Arrows
Default: true
Shows or hides momentum cross arrows.
Use Current Bar For Signals
Default: false
If false, arrows are generated from closed bars only. If true, current-bar arrows may appear and can change before the candle closes.
Enable Popup Alerts
Default: false
Enables or disables popup alerts.
Alert On Current Bar
Default: false
Controls whether alerts are based on the current forming bar or the last closed bar.
How To Use
1. Attach OrionEdge Efficiency Flow to a MetaTrader 5 chart.
2. Start with the default settings.
3. Watch the blue Efficiency Flow line and the gold Signal Line.
4. Positive flow suggests more efficient upward movement.
5. Negative flow suggests more efficient downward movement.
6. Green histogram bars highlight bullish flow conditions.
7. Red histogram bars highlight bearish flow conditions.
8. Arrows highlight flow-line crosses that meet the minimum strength condition.
9. Confirm all signals with your own trend, structure, support/resistance, volatility, and risk rules.
Signal Interpretation
Bullish Flow Cross
A bullish arrow can appear when the Efficiency Flow line crosses above the Signal Line and the flow value is greater than or equal to the Minimum Signal Strength.
Bearish Flow Cross
A bearish arrow can appear when the Efficiency Flow line crosses below the Signal Line and the flow value is less than or equal to the negative Minimum Signal Strength.
No-Repaint Explanation
By default, Use Current Bar For Signals is false. Signals are based on closed candles only. The indicator calculates each bar using only data available at that bar and older bars. It does not use future candles to create or improve historical signals.
Important Notes
OrionEdge Efficiency Flow is not a complete trading system and does not guarantee profit. It is a technical analysis tool. Any indicator can produce false signals, especially in low-liquidity, news-driven, or choppy conditions. Always use risk management and test the indicator on a demo account before live use.
Risk Disclaimer
Trading financial markets involves risk. This indicator does not provide financial advice and does not guarantee future results. Use it only as part of a complete trading plan.
Suggested Tags
Efficiency Flow, Momentum, Oscillator, Signal Line, Histogram, MT5, MetaTrader 5, Custom Indicator, Manual Trading, Technical Analysis, Price Efficiency
