Abiroid TrendLine XRay MT5

For detailed blogpost read:

https://www.mql5.com/en/blogs/post/779636


Note that this is just a single chart indicator.

Contact me for more info about Scanner Dashboard

How the Structural Projection Works

When you trade on a 15-minute or 1-hour chart, you are often trading inside a much larger structure that formed on the 4-Hour or Daily chart. If you do not have those macro lines plotted, you might buy right as price hits a major Daily channel ceiling.

This tool acts like an X-ray. It looks up to your chosen higher timeframes, scans recent swing highs and swing lows, and finds the cleanest channels, wedges, and triangles using mathematical scoring:

  • Automated Pivot Anchors: It identifies true swing pivots over a set lookback window, ensuring trendlines are anchored to real structural highs and lows.
  • Touch Verification: It checks how many times price actually tested each boundary within an ATR-based tolerance zone.
  • Violation Filter: It checks whether price closed outside the lines during the formation. Clean lines with zero violations get higher scores.
  • Quality Score (0 to 100): Every detected structure gets a numerical score. High-scoring structures (75+) represent strong institutional boundaries.

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