MT5 Swing High Low Indicator

This indicator plots any and every swing high or swing low on your chart.


A swing high or low candle formation comprises of a minimum of 3 candles whereby the middle candles high/low is the highest or lowest point amongst the three candles.

The direction (bullish/bearish) of the middle candle is irrelevant.

Swings are very useful patterns that can be used to determine market structure as well as potential price reversal points on a chart.


This indicator is derived from the Bill Williams Fractal indicator native to the Metatrader platform, but unlike that one, this requires only 3 candles for the formation to appear, whereas the other requires 5 candles.



Enjoy!!!

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RelicusRoad Pro: Sistema Operativo Quantitativo di Mercato 70% DI SCONTO ACCESSO A VITA (TEMPO LIMITATO) - UNISCITI A 2.000+ TRADER Perché la maggior parte dei trader fallisce anche con indicatori "perfetti"? Perché operano su Singoli Concetti isolati. Un segnale senza contesto è una scommessa. Per vincere serve CONFLUENZA . RelicusRoad Pro non è un semplice indicatore. È un Ecosistema Quantitativo completo . Mappa la "Fair Value Road", distinguendo tra rumore e rotture strutturali. Smetti di in
KT Alpha Hunter Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
La maggior parte degli indicatori a frecce ti dà un segnale e poi ti lascia capire da solo tutto il resto. KT Alpha Hunter Arrows ti offre un piano di trading completo. Ogni freccia di segnale appare con un piano completo già disegnato: linea di ingresso, stop loss, quattro livelli di take profit e un verdetto live sull’edge, che ti indica se quel simbolo e quel timeframe meritano davvero di essere tradati in quel momento. Il Trade Manager EA incluso gestisce l’esecuzione dopo il tuo ingresso, c
PZ Support Resistance MT5
PZ TRADING SLU
3.71 (7)
Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boo
Altri dall’autore
Auto sl tp and be
Muhammad Shamsuddeen Muhammad
2 (1)
Trading without consistent risk parameters is the fastest way to blow an account. Auto SL/TP/BE eliminates the execution gap between entering a trade and having your levels set. The instant a position opens — market order or triggered pending — the EA calculates and applies your predefined SL and TP based on the actual fill price. No delays, no missed trades, no manual errors. Break-Even Automation Once price moves a defined number of pips in your favor, the EA automatically shifts your Stop Los
MT5 Inside Bar Indicator
Muhammad Shamsuddeen Muhammad
Precision Trading with the Inside Bar Pro Indicator for MT5 The Inside Bar Pro indicator by @Billyenaire is a powerful tool designed for traders who rely on clean, price-action-based setups. It automatically detects inside bar formations—candlestick patterns where the current candle is completely contained within the high and low of the previous candle. Key Features: Automatically identifies inside bars in real-time Highlights inside bars directly on the chart using customizable candle colors W
MT5 Rectangle Extender Indicator
Muhammad Shamsuddeen Muhammad
MT5 Rectangle Extender Indicator is a simple and easy tool that automatically extends any box/rectangle drawn on the chart to the right edge of the screen.  This tool can be used for easy drawing of zones and can help with determining future areas of interest on the chart once price trades back to those levels. Very suitable for supply and demand, order blocks, POI's (Points of Interest) mapping on charts. Sometimes its better to have a zone than a single price level as price can shoot above or
Lot2Risk Automator
Muhammad Shamsuddeen Muhammad
Lot2Risk Automator EA - Automated Position Management System     YOUR LOT SIZE = YOUR RISK. PERIOD. 1.00 lot = 1% risk 2.50 lots = 2.5% risk 50.00 lots = 50% risk That’s it. That’s the system. Lot2Risk Automator EA instantly converts your orders into perfectly risk-managed trades: Auto position sizing Auto TP by Risk:Reward Auto Break-Even protection Works on Forex, Metals   & Indices. You decide the trade. The EA enforces discipline. Completely intuitive. What Makes This Different?  
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