ShiftedPriceDensity mt4

ShiftedPriceDensity — Professional Price Density Indicator with Shifted Historical Levels

ShiftedPriceDensity is an advanced technical custom indicator for the MetaTrader 5 platform that visualizes the most significant horizontal price levels based on historical shifts. This tool is ideal for traders who practice cluster analysis, build support and resistance levels, and look for key price zones in volatile market conditions.

The indicator is built upon the concept of price density and integrates principles from volume analysis, market profile, and multi-layered scanning of repeating levels. Incorporating ShiftedPriceDensity into your strategy significantly improves entry precision and enhances the efficiency of level-based and technical trading approaches.

🔧 How the Indicator Works

At its core, the indicator connects to an external module —  PriceDensity.ex5  — which calculates price density over a specified depth of historical bars. Unlike conventional indicators, ShiftedPriceDensity performs multiple calculations using various shift levels, enabling the detection of price clusters that remain consistent over time and act as anchors for forming strong levels.

Each shift represents a separate analysis of historical price behavior, resulting in a multi-layered structure of accumulation zones. The identified levels are drawn on the chart as  OBJ_TREND  graphical objects, maintaining clarity even when multiple layers overlap.

⚙️ Key Parameters and Customization

This indicator can be adapted to virtually any trading system using a flexible set of input parameters:

  • Depth — Number of bars to analyze (e.g., 100). Controls the historical depth for density calculation.

  • TopLevelsToShow — Number of top price density levels to display for each shift.

  • NumberOfShifts — Total number of historical shifts (e.g., 10). Determines how many different past segments will be analyzed.

  • ShiftSpacing — Bar interval between each shift (e.g., 20).

  • PriceStep — Price precision used for density aggregation (e.g., 0.0001).

  • PriceSource — Type of price used for calculations (e.g., PRICE_CLOSE, PRICE_OPEN).

  • LevelColor and LevelWidth — Visual settings for the lines representing price levels.

  • Prefix — Custom object prefix for using multiple copies of the indicator on the same chart.

📊 Visualization and On-Chart Behavior

  • Support and resistance levels are rendered through the object model, not indicator buffers.

  • Visual elements (trend lines) are based on historically persistent price accumulation zones.

  • The internal  LevelsBuffer[]  array stores level values for internal operations.

  • All created objects are automatically deleted upon indicator removal, ensuring a clean chart.

✅ Benefits of ShiftedPriceDensity

  • Multi-layered analysis of historical support and resistance zones.

  • Works across all timeframes and trading instruments.

  • Seamless integration with the external PriceDensity core.

  • High accuracy in constructing smart price levels.

  • Combines effectively with price action patterns and volume indicators.

  • Minimal resource usage, ensuring smooth operation in MetaTrader 5.

📌 Ideal Use Cases

  • Level-based trading and pullback strategies;

  • Detecting repeating levels throughout history;

  • Identifying strong price clusters prior to breakout events;

  • Manual construction of a market profile;

  • Effective in intraday and positional trading.

📥 Installation Instructions

  1. Make sure the  PriceDensity.ex5  file is located in the  Indicators  folder.

  2. Place  ShiftedPriceDensity.ex5  in the same directory.

  3. Restart MetaTrader 5 and apply the indicator to your desired chart.

  4. Configure the input parameters according to your strategy.

🧠 Who Is It For?

  • Scalpers — to detect key levels on lower timeframes;

  • Swing traders — to identify robust price zones;

  • Analysts — for manual level plotting and cluster analysis;

  • Algo traders — as a component in more complex analytical systems.

📧 Support

Developer: Andrii Sydoruk
Email: andriisydoruk@gmail.com
MQL5 Profile: https://www.mql5.com/ru/users/andreys/seller

🔑 Keywords:

price density, support levels, resistance levels, cluster analysis, price levels, market profile, accumulation zones, level indicator, smart levels, horizontal levels, repeating levels, price clusters, strong levels, technical analysis, MetaTrader 5, MT5 indicator, volume analysis, custom indicator, price level indicator, level detection, support resistance zones, shift levels, historical levels




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ACTUALMENTE COM 26% DE DESCONTO!! Este indicador é uma super combinação dos nossos dois principais indicadores ( Advanced Currency Strength 28   &  Advanced Currency IMPULSE with ALERT ). Mostra valores de Força da Moeda para TICK-UNITS e sinais de alerta para 28 pares de Forex. Podem ser usadas 11 Tick-Units diferentes. Estas são 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, e 30 segundos. A barra de Tick-Unit na sub-janela será mostrada e deslocada para a esquerda quando houver pelo menos 1 tick dentro
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Aliaksandr Alferchyk
TREND FLOW PRO TREND FLOW PRO é um indicador sem repintura que mostra a direção do mercado. Ele identifica reversões de tendência, bem como entradas iniciais e repetidas dos principais participantes do mercado. As marcações BOS no gráfico representam mudanças reais de tendência e níveis-chave de timeframes superiores. Os dados não repintam e permanecem no gráfico após o fechamento de cada candle. Solicite e receba um guia em PDF detalhado com exemplos de estratégias por meio de mensagens privada
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
The Nihilist 5.0 Indicator includes Forexalien and Nihilist Easy Trend trading strategies and systems. It is composed of an MTF Dashboard where you can analyze the different input possibilities of each strategy at a glance. It has an alert system with different types of configurable filters. You can also configure which TF you want to be notified on your Metatrader 4 platform and Mobile application The indicator has the option to view how could be a TP and SL by using ATR or fixed points, even w
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Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before purchasing. Videos, settings  and descri
Algo Trading Indicaor  With this indicator , you’ll have zones and trends that hight probability the price will reverse from it. so will gives you all the help that you need  Why should you join us !?  1-This indicator is logical since it’s working in previous days movement , to predict the future movements. 2-Algo trading indicator will help you to draw trends which is special and are too strong than the basics trend , trends will change with the frame time that you work on . 3-We can use
O indicador " Dynamic Scalper System " foi desenvolvido para o método de scalping, operando dentro de ondas de tendência. Testado nos principais pares de moedas e ouro, é possível a compatibilidade com outros instrumentos de negociação. Fornece sinais para a abertura de posições de curto prazo ao longo da tendência, com suporte adicional para o movimento dos preços. O princípio do indicador: As setas grandes determinam a direção da tendência. Um algoritmo para gerar sinais de scalping sob a fo
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