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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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    Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order
    PZ Day Trading MT5
    PZ TRADING SLU
    2.83 (6)
    This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
    MetaForecast M5
    Vahidreza Heidar Gholami
    5 (2)
    MetaForecast, fiyat verilerindeki harmonileri kullanarak herhangi bir piyasanın geleceğini tahmin eder ve görselleştirir. Piyasa her zaman tahmin edilemezken, fiyatlarda bir desen varsa, MetaForecast geleceği mümkün olduğunca doğru bir şekilde tahmin edebilir. Benzer ürünlere göre, MetaForecast piyasa eğilimlerini analiz ederek daha kesin sonuçlar üretebilir. Giriş Parametreleri Past size (Geçmiş boyut) MetaForecast'ın gelecekteki tahminler oluşturmak için kullandığı çubuk sayısını belirtir. M
    Good day! I present to you a trading technical indicator for Deriv broker synthetic indices. This indicator ONLY works with the following indices: Boom 300 Index Boom 500 Index Boom 1000 Index Crash 300 Index Crash 500 Index Crash 1000 Index The indicator was created to give signals to open medium-term trades in the direction of Spikes. But you can open trades in the opposite direction to Spikes, at your own risk. Trade only on M1. Other TFs do not guarantee the correct operation of the indic
    If you've been trading for any time, you will almost certainly have come across the concept of support and resistance. This powerful and simple concept lies at the heart of technical analysis. It forms the cornerstone of price action trading. Strange to consider therefore, that such a key component of the traders chart has largely been ignored. Most Forex traders still draw their lines manually, leading to a crude interpretation of these key levels. Even those companies who have developed a trad
    Yazarın diğer ürünleri
    You have good intuitions, but you want more from your trade ... or you are a tireless hedger . Would it be very useful for you if the TP moves further and further with configurable response times and offsets price ? Imagine: You have a buy order on a bullish day on Dow Jones. You set a "take profit" at 200 points, but you know he can give you more! Attach "Orions Move Target" to any chart and it will pass all the open orders in the terminal, moving them following these 3 trivial parameters:
    FREE
    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 t
    FREE
    06/30/23 v1.1 New features. Read before operate. Remarkable configurations: 1) "No close order", "Auto-Hedging" FALSE, "Close all" FALSE : You can transform this EA in a assistant that simply open orders. After you will be the mind of the operativity. Warning : find a good setting of "Pause in minute" and "Max alert" to delay the operativity and filter the wrong signals. These last parameters can change by market condition and asset. 2) "Breakeven and WPR inversion", "Auto-Hedging" FALSE, "C
    FREE
    Are you stubborn and don't want to close a disastrous situation in your account? Have your bots made a mess in your account? No problem: Mr. Hedging is there to fix the situation! The expert advisor reads the real drawdown at each tick and, if the set threshold is exceeded, starting from the first loss order in the terminal window, puts it in hedging by opening an order of opposite direction and multiple volume as per assigned parameter. It is also possible to set SL and TP to emulate a
    A simple and automatic method to win in forex, with good liquidity and big balance. This tecnique is based on relaunch Martingale, so if you have small balance, your account is on risk. The EA monitor constantly the free margin,  but this thing isn't always warranty of win. If you have a small balance, I suggest to use an account in cents, Min Trade Volume equals to MINLOT and at least 5 of "max orders". The higher the "max orders" , the higher the odds of winning and the profits, the higher
    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 e
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