AlphaPrime

AlphaPrime

AlphaPrime is a discretionary market analysis indicator for MetaTrader 5 designed to provide multi time frame directional bias and structural context. It supports decision making by highlighting market structure, key levels, and higher time frame alignment.

AlphaPrime does not execute trades and does not provide guaranteed signals. It is intended for traders who want a clear analytical framework rather than automated entries.

Key Features

• Multi time frame directional bias visualization
• Structural levels derived from price behavior
• Contextual confirmation for discretionary trade planning
• Clean, non repainting analytical overlays
• Designed for clarity and low chart clutter

AlphaPrime focuses on context, not prediction. It is best suited for traders who already understand basic market concepts and want a structured view of bias and confluence.

Directional Arrows and Structure Context

Directional arrows in AlphaPrime are generated only in relation to confirmed market structure and higher time frame regime. Arrows do not represent trade entries or exits. Instead, they indicate a directional bias continuation event that occurs when price action aligns with the prevailing regime and behaves as expected relative to identified structural zones and levels.

Structure zones provide the contextual framework, while arrows confirm that price has respected or rejected those levels in a manner consistent with the current bias.

Non Repainting Behavior

AlphaPrime does not repaint historical values.
All analytical elements are calculated using completed bars only.
No future price data is used.

Visual elements may update as new bars form, but previously completed bars are not modified.

Intended Use

AlphaPrime is designed for:

• Bias confirmation
• Multi time frame alignment
• Structural context before manual entries
• Trade planning and filtering

It is a decision support indicator and should not be used as a standalone trading system.

Inputs and Customization

AlphaPrime includes configurable inputs allowing users to adjust:

• Time frames used for higher time frame context
• Visibility of structural levels
• Visual appearance and chart styling
• Optional informational displays

All inputs affect visualization only and do not alter historical calculations.

Compatibility

• Platform: MetaTrader 5
• Markets: Forex, Indices, Metals, Crypto (any symbol supported by MT5)
• Time frames: All

Important Notes

• AlphaPrime is a decision support indicator, not a trading robot
• No profit or performance guarantees are provided
• Trading involves risk and requires proper risk management
• Results depend on the user’s trading methodology and experience