Multi Indi Signal Mhw

HOW TO USE

1. Open MetaTrader 5.
2. Open the chart you want to analyse. Recommended: XAUUSD or BTCUSD on M1 and above, GBPUSD or GBPJPY on M15 and above.
3. Attach Multi Indi Signal Mhw to the chart.
4. In the inputs, set the Confirmation alert threshold (%), Take Profit Mode (Scalping or Intraday) and Chart Theme.
5. The indicator draws the Fibonacci direction and the zone that follows it.
6. In a Sideways or Moderate Trend market, the indicator will show a second zone in the opposite direction when that zone meets stricter rules. The stronger the trend, the stronger the market moves in that direction, so in a Strong Trend only one zone that follows the Fibonacci direction is shown.
7. When price touches a zone and the confirmation reaches the percentage you set, the indicator gives a BUY or SELL signal automatically.
8. If a filter is holding the signal, the reason is shown on the BLOCK line under the dashboards.
9. When a signal is given, the indicator draws the Short TP and Risk levels. The Short TP is not fixed: it adjusts to the current average candle size and can move closer to the Entry as the market moves. The Fibonacci TP levels stay fixed. After Short TP is reached, the indicator shows Break Even and the Next TP line. While a signal is active, only the Next TP line of the Fibonacci is shown.
10. Turn on popup or mobile alerts if you want to be notified when a signal is given.
11. To receive mobile alerts, set your MetaQuotes ID in MetaTrader 5 under Tools, Options, Notifications.
12. Place and manage your own trades. The indicator is a signal guide only.

IMPORTANT: RISK IS NOT A STOP LOSS

The Risk line is not a Stop Loss. A setup is cancelled only when a candle closes beyond the Risk line. If price only touches the Risk line (a wick) and the candle does not close beyond it, the setup is still valid.

You can place your own Stop Loss further away from the Risk line to give the setup room. Be careful of sudden price spikes, especially around high-impact news. Always use a Stop Loss and a lot size that suits your account.

INPUT SETTINGS

01 - INDICATOR SETTING

Confirmation alert threshold (%)

• Sets the confirmation percentage needed for a signal. When the confirmation reaches this value, the BUY or SELL signal is given and the alert is sent.
• A higher percentage makes the signal stricter, so fewer signals are given. A lower percentage gives more signals with less confirmation.
  
• 20% is the minimum recommended confirmation. A value below 20% gives weak confirmation.
  

Take Profit Mode

• Selects how the signal is managed after Short TP: Scalping or Intraday.
• Both modes give the same BUY and SELL signals. Only the take profit management after Short TP is different.
  

Chart Theme (background colour)

• Sets the chart background: LightSteelBlue, White or Black.

Draw SR Flip zones

• Shows or hides the Buy and Sell zones on the chart, including the second zone shown in Sideways or Moderate Trend.

Show BBMA (Bollinger Bands + MA5/MA10)

• Shows or hides the Bollinger Bands and MA5/MA10 High/Low lines.
• This setting only changes the display. When BBMA is hidden, the indicator still analyses BBMA in the background, so the signals are exactly the same whether BBMA is shown or hidden.
  

Show zone timeframe labels

• Shows or hides the “Zone Buy” and “Zone Sell” labels.

Buy zone color

• Sets the colour of the Buy zone.

Sell zone color

• Sets the colour of the Sell zone.

02 - ALERTS AND DASHBOARD

Popup alert at selected confirmation

• Shows a popup alert when a signal is given.

Push setup alerts to MetaTrader mobile

• Sends signal alerts to the MetaTrader mobile app.
• Before using this, set your MetaQuotes ID in MetaTrader 5 under Tools > Options > Notifications and tick “Enable Push Notifications”. You can find your MetaQuotes ID in the MetaTrader mobile app under Settings > Messages.

Show Confirmation Zone Meter

• Shows or hides the Confirmation Zone Meter.

Show Indicator Dashboard

• Shows or hides the dashboard with signal results and points for the day.

Show economic calendar dashboard

• Shows or hides bank holiday and high-impact news information.

Show Pattern Detector Dashboard

• Shows or hides the Pattern Detector (Strong Trend, Moderate Trend or Sideways).

03 - FILTERS
When a filter holds a signal, its reason is shown on the BLOCK line.

Higher TF BB Outer Rejection block

• Holds a signal when price on a higher timeframe is rejecting from the outer Bollinger Band (top or bottom).

Higher TF Big Candle block (H4/H1/..)

• Holds a signal that goes against a large candle on a higher timeframe.

M5/M15 wait for lower-TF (M1/M2/M3) confirmation

• On M5 and M15, waits for confirmation from M1, M2 or M3 before releasing the signal.

Setup Fail cooldown

• Pauses new signals in the same direction for a short time after a failed signal.