SurfBot Radar
- Indicatori
-
Joao Prata Silva Yglesias
Trader and algorithmic developer focused on risk-managed automation for the Forex market. I build Expert Advisors that prioritize capital protection and survivability over hype — real strategies, transparent results, and live monitoring. - Versione: 2.10
SurfBot Radar is a free breakout and trend indicator for MetaTrader 5. It plots a Donchian channel (the highest high and lowest low of the last N bars), marks the first bar that breaks the channel, and confirms each breakout with flow — the net of directional volume over a recent window. Breakout + matching flow shows a clear BUY or SELL signal; a breakout without flow is flagged as "no confirmation".
A graphical on-chart panel (placeable in any corner) shows the current state, the flow, the combined signal, the channel levels, the distance to the next breakout, the ATR and an ATR-based suggested stop. Units adapt automatically: pips on Forex, points on stocks, indices and crypto.
Use it on any symbol and timeframe — as a trend filter, a breakout trigger, or confirmation for your own system. It places no orders (indicator only) and can run on the same chart as an Expert Advisor.
[b]Features[/b]
[list]
[*]Donchian breakout channel with optional midline
[*]Breakout arrows confirmed by directional-volume flow
[*]Combined BUY / SELL / WAIT signal on a graphical panel
[*]ATR-based suggested stop; adaptive pips / points units
[*]Breakout and approach alerts, with optional push notifications
[*]Optional overlay for the SurfBot EA hedge (entries and breakeven lines)
[/list]
[b]Main inputs[/b]
Channel length, flow window, ATR period and stop multiplier, panel corner, alerts, and the optional SurfBot overlay.
Note: flow is computed from tick volume as a proxy for order flow; real volume is rarely available in MT5. Past behaviour does not guarantee future results.
It pairs with the SurfBot Expert Advisor (same author).
