Orions Bands Suocera MT5

This is my trusted friend of trading.
So... I musted re-write this in MQL5 to use in brokers where there is only MT5.


The indicator is like a mother-in-law, who talks often, talks a lot and often inappropriately.
The indicator, in addition to giving us an entry signal on parameters which I will then list, monitors the trend of the hourly timeframe, OSMA to understand the entry direction, RSI to sense any overbought or oversold conditions from which to abstain, ATR for the volatility and ADX for the trend.
Indicator not recommended for newbies.
Only the human judgment of these parameters, combined with the entry signal, make the indicator truly effective.
It is recommended to use it at suitable times (9.30-11 15.30-17 20-22 GMT+2) on indices and the major Forex exchanges, on a 5-minute timeframe.
Its use is not recommended for neophytes lacking a mature and severe judgment on the signals generated.
The indicator relies on standard deviations on simple moving averages which historically constitute possible key levels to close the order in SL or TP.
The opening rests exclusively on:

  •      (Only for forex) Check the strength of the base currency against other exchange rates
  •      The price is in our favor with respect to the close of the previous candle
  •      the OSMA
The parameters are:

  •      Max Risk in cash : maximum risk in base currency per trade
  •      Compare with... : For Forex only. Compare the changes in the WhatchList or on the whole platform
  •      Wait to close the candle : Generate the signal only at the close of the previous candle
  •      PushNotify : Send signal also in your mobile configured device. Before Configure the device on MT5 in Options->Notifications

    For the rest, it is up to the trader, thanks to the other indications at the top left, to evaluate the goodness of the signal.
    Based on the risk profile per trade (in base currency), TP, SL and trade volume are suggested.





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    Temirlan Kdyrkhan
    MasterTrend Indicator for MT5 A powerful trend-following and signal-evaluation tool MasterTrend   is a custom MT5 indicator that combines Moving Averages and ATR-based risk/reward logic to generate clear buy/sell signals. It visualizes dynamic SL/TP levels, evaluates past trade outcomes, and displays win/loss statistics in a clean on-chart panel. Key features include: Buy/Sell signals based on MA crossovers ATR-based SL/TP1/TP2/TP3 levels with visual lines and labels Signal outcome tracking wit
    Presenting one-of-a-kind Gann Indicator for XAUUSD IQ Gold Gann Levels is a non-repainting, precision tool designed exclusively for XAUUSD intraday trading. It uses W.D. Gann’s square root method to plot real-time support and resistance levels, helping traders spot high-probability entries with confidence and clarity. William Delbert Gann (W.D. Gann) was an exceptional market analyst whose trading technique was based on a complex blend of mathematics, geometry, astrology, and ancient calculation
    MetaTrader 5 için Chimera Volume Gelişmiş Hacim Analizi ve Piyasa Aktivitesi Görselleştirme Chimera Volume, normalleştirilmiş hacim aktivitesini analiz etmek ve dinamik bir görsel çerçeve aracılığıyla piyasa katılımındaki değişiklikleri göstermek için tasarlanmış, MetaTrader 5'e özel bir göstergedir. Gösterge, tick hacim verilerini adaptif normalleştirme algoritmaları kullanarak işler ve hacim yoğunluğu, birikim evreleri ve farklı piyasa koşullarındaki aktivite değişimlerinin yapılandırılmış bir
    Meravith MT5
    Ivan Stefanov
    5 (3)
    Göstergе, herhangi bir noktadan hacmi analiz eder ve bu hacim için piyasanın tükeniş seviyelerini hesaplar. Meravith’in ana çizgileri: Boğa hacim tükeniş çizgisi – hedef olarak kullanılır. Ayı hacim tükeniş çizgisi – hedef olarak kullanılır. Trend çizgisi – piyasa trendini gösterir. Piyasanın boğa mı ayı mı olduğuna bağlı olarak rengi değişir ve trend desteği görevi görür. Nasıl kullanılır: Mor dikey çizgiye çift tıklayın ve istediğiniz konuma taşıyın. Her şeyi analiz edebilirsiniz – trendleri v
    MetaTrader 5 için Akıllı Çok Katmanlı Kırılım ve Geri Çekilme Dedektörü "Akıllı, Basit, Hızlı!" Yüksek olasılıklı kırılım girişlerini kaçırmaktan bıktınız mı? Kırılımları trend yönü ve para birimi momentumuyla hizalamaya çalışarak birden fazla grafiği saatlerce tarayıp — yine de hareketi kaçırıyor musunuz? Break Pullback, tüm bunları tek bir göstergede çözüyor. Break Pullback Nedir? Break Pullback, piyasa yapısı, kırılım ve trend devamı kurulumlarında işlem yapan yatırımcılar için özel olarak
    Introducing the South African Sniper Indicator Created by a dedicated team of South African traders with years of profitable experience in the financial markets, the South African Sniper Indicator is designed to give traders a sharp edge — combining simplicity, precision, and power in one tool. This is a plug-and-play indicator for MT5, built to deliver accurate BUY and SELL (Sniper Entry) signals — complete with target levels and automated trailing stops. Whether you trade forex, indice
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    Mikhail Sergeev
    5 (3)
    Size trend ticareti dünyasında oyunun kurallarını değiştiren devrim niteliğinde bir gösterge sunuyoruz. Gösterge, performansı yeniden düşünmek ve ticaret deneyiminizi benzeri görülmemiş bir yüksekliğe çıkarmak için tasarlanmıştır. Göstergemiz, onu rakiplerinden ayıran benzersiz bir gelişmiş özellik kombinasyonuna sahiptirize trend ticareti dünyasında oyunun kurallarını değiştiren devrim niteliğinde bir gösterge sunuyoruz. Gösterge, performansı yeniden düşünmek ve ticaret deneyiminizi benzeri gör
    Yazarın diğer ürünleri
    06/22/23 News! The "news filter" is integrated in the EA. Remember to insert in this url in Tools->Options->Expert Advisor You can disable this filter or use it in two way : Trade only on news No trade on news THANKS ALL! 06/21/23 News! Finally I see the light at the end of tunnel! Thanks all the contributors, now the EA has and efficient and very configurable Trailing Stop. In more It has also the extra profit function that move the Take Profit point by point. I remember you that this is fr
    FREE
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    Umberto Boria
    1.5 (2)
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    FREE
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    Umberto Boria
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    FREE
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