MelloEntryLight
- Indicatori
-
Ritthanong Chimpa
Algorithmic trading focused on survival, not speed.
AURORA PRIME is not designed for fast profit.
It is designed for survival, stability, and long-term capital preservation.
This system was built under the philosophy that:
“Staying alive in the market is already a win.” - Versione: 1.0
- Attivazioni: 10
MelloEntryLight puts the checks you make before an entry on one panel, separately for buy and sell, and shows a GREEN, YELLOW or RED light for each side. It never trades.
How the light is scored
- Room to the swing (0-3): distance from price to the swing high for a buy, or to the swing low for a sell, measured in ATR(H1). Too close turns the light red at once.
- Votes (0-3): EMA slope and price side on M1, M5 and M15, plus the M1 MACD histogram and MACD line.
- Trend (0-3): EMA and MACD direction on four timeframes (M1, M5, M15, M30 by default).
- MACD momentum (0-2): a rising (or falling) histogram over three closed bars.
7 or more is GREEN, 4 to 6 YELLOW, lower is RED. Price inside an opposing fair value gap also turns the light red.
Checklist shown next to the score
Change of character (CHoCH), wick rejection, Fibonacci pullback 38.2 to 61.8, Stochastic cross from the 40/60 zone, and opposing FVG. These are shown for context and are not part of the score.
Live guards
Spread compared with ATR, volatility compared with its 100-bar average, trading hours, high-impact news of the pair's currencies from the MetaTrader 5 calendar, net lots already open on the symbol, and market closed. When a guard fails, the side shows BLOCKED with the reason.
No repaint
Closed bars are scored from closed data only. Marks on the chart show the bars where a side turned GREEN at the close. The panel for the current bar follows the live price until the bar closes.
For EA developers
Buffer 0 buy score, 1 sell score, 2 buy light, 3 sell light (2 green, 1 yellow, 0 red, -1 blocked). Read shift 1 for the last closed bar.
What our tests showed
In the Strategy Tester we checked what happened 15 bars after a light turned green on XAUUSD and EURUSD (M1 to H1). Price moved the light's way in about 46 to 53% of cases, close to random. The light does not predict direction. It is a gate against entries that are not ready, to be used with your own plan and risk management.
Inputs
Four timeframes, EMA and MACD periods, swing lookback, room levels, green and yellow scores, FVG block, spread, volatility, session and news guards, net lot limit, history marks, alerts and push notifications, panel corner and size.
This indicator does not promise any result. Trading leveraged products involves a high risk of loss.
Support is provided through the comments on this page and MQL5 messages.
