Dashboard MTF Candle Size Projection
- 지표
- 버전: 1.0
- 활성화: 20
Dashboard MTF Candle Size Projection for MetaTrader 5
Dashboard MTF Candle Size Projection is a powerful, lightweight, non-repainting multi-timeframe analytical matrix for MetaTrader 5 . It calculates dynamic candle volatility metrics (Average Shadow Rejection and Average Body Size) over a user-defined historical lookback period to project critical real-time breakout, re-entry, and target levels across all 9 standard timeframes simultaneously (M1 to MN1) .
Designed for high-frequency scalpers, day traders, and swing traders, this standalone indicator gives you an instant bird’s-eye view of trend alignment, market volatility thresholds, and price exhaustion levels on a single chart.
Key Features
- Multi-Timeframe Matrix (M1 – MN1): Analyzes 9 timeframes at a glance without opening multiple charts or straining terminal memory.
- Open Average CSA Trend Signal: Employs an Open Price Moving Average algorithm evaluated on closed bars (Candle 1) to eliminate repaint issues and provide precise trend bias (Blue = BUY, Red = SELL).
- Dynamic Re-entry Confirmation: Use RE-H/L and RE-BODY triggers to spot optimal pullbacks within an established trend direction.
- Breakout Execution: The BREAK status signals a strong momentum release beyond average daily boundaries, ideal for breakout momentum strategies.
- Risk Management / Take Profit: Use OUT signals as profit-taking targets or warnings of an over-extended trend about to enter a correction phase. Projection: Evaluates average high/low shadow rejections and candle body sizes over a customizable daily lookback period (InpDays) to establish accurate statistical levels.
- Comprehensive Signal Matrix: Displays CSA trend bias, Re-entry zones (RE-H/L and RE-BODY), Breakout triggers (BREAK), and Price Over-extension zones (OUT).
- Ultra-Lightweight & Standalone: Operates without calling external iCustom indicators, ensuring smooth performance, low memory footprint, and zero chart lag.
- Anti-Flicker Visual Interface: Optimized visual rendering engine ensures smooth chart updates even during rapid price movements.
Dashboard Signal Breakdown
- CSA (Candle Signal Analysis): Evaluates trend bias on Candle 1 using the Open Average logic.
- Blue Box: Bullish Trend Bias (BUY)
- Red Box: Bearish Trend Bias (SELL)
- RE-H/L (Re-entry High/Low Shadow): Triggers when the running price reaches the calculated average shadow rejection distance.Blue Box: Price reached the lower shadow rejection level during a Buy trend.
- Blue Box: Price reached the lower shadow rejection level during a Buy trend.
- Red Box: Price reached the upper shadow rejection level during a Sell trend.
- RE-BODY (Re-entry Candle Body): Identifies price retests against average candle body ranges.Blue Box: Price retraces down to the average body depth during a Buy trend.
- Blue Box: Price retraces down to the average body depth during a Buy trend.
- Red Box: Price retraces up to the average body depth during a Sell trend.
- BREAK (Volatility Breakout): Triggers when price expands beyond the combined average body and rejection projection level.
- Blue Box: Bullish breakout above projected target level.
- Red Box: Bearish breakout below projected target level.
- OUT (Price Over-extension / Reversal Warning): Indicates price has moved beyond maximum statistical boundaries and may be over-extended.
- Red Box: Buy trend is severely over-extended (potential exhaustion).
- Blue Box: Sell trend is severely over-extended (potential exhaustion).
Recommended Usage & Strategy Integration
- Multi-Timeframe Alignment: Look for confluence where multiple timeframes (e.g., M15, H1, H4) share the same CSA directional color.
- Re-entry Confirmation: Use RE-H/L and RE-BODY triggers to spot optimal pullbacks within an established trend direction.B
- Breakout Execution: The BREAK status signals a strong momentum release beyond average daily boundaries, ideal for breakout momentum strategies.
- Risk Management / Take Profit: Use OUT signals as profit-taking targets or warnings of an over-extended trend about to enter a correction phase.
Technical Specifications
- Platform: MetaTrader 5 (MQL5)
- Asset Class: Forex, Gold/Metals, Indices, Crypto, Commodities
- Chart Type: Any (Main chart overlay)
- Repainting: NO (Signal evaluation locked on closed bar data)
