Failed Double Extreme MT5
- Göstergeler
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Ich Khiem Nguyen
👋 Alpha On Chart'a hoş geldiniz
Alpha On Chart'ı XAUUSD yatırımcıları ve MT5 kullanıcıları için bir trading destek ekosistemi olarak geliştiriyorum.
Keşfedebileceğiniz seçenekler:
🔥 VIP MEMBER - Sürüm: 1.0
- Etkinleştirmeler: 10
Section 1: Context and Core Value
Identify Structural Liquidity Sweeps and Momentum Reversals
When price establishes equal highs or equal lows, resting liquidity pools typically accumulate just beyond those key extremes. These structural thresholds often see brief price spikes that trigger breakout orders and protective stops before price reverses back into the prior trading range.
This indicator is engineered to automate the detection of key structural boundaries and systematically confirm genuine sweep-and-rejection behavior. Instead of relying on subjective chart inspection, the tool delivers structured on-chart validation the moment price sweeps resting liquidity and closes decisively back inside the established structural zone.
By requiring decisive candle closes back within value, the tool helps filter out low-volume consolidation, isolate valid momentum transitions, and confirm shifts in directional control across liquid instruments during active trading sessions.
Section 2: Entry Logic and Trade Management
Visual BUY Confirmation
- Price sweeps below an established structural low where sell-side liquidity resides.
- The trigger candle displays lower-wick rejection and closes firmly back above the breached structural boundary.
- The signal confirms strictly upon the candle close.
- The open of the subsequent bar serves as the execution reference.
Visual SELL Confirmation
- Price sweeps above an established structural high where buy-side liquidity resides.
- The trigger candle displays upper-wick rejection and closes firmly back below the breached structural boundary.
- The signal confirms strictly upon the candle close.
- The open of the subsequent bar serves as the execution reference.
Protective Stop Loss Reference
- The indicator anchors the protective Stop Loss reference beyond the extreme wick of the sweep candle.
- Placed below the lowest sweep wick for buy setups, or above the highest sweep wick for sell setups.
- A configurable volatility buffer provides additional clearance against market noise and minor spread fluctuations.
Four Configurable Target Levels
The system automatically projects four standardized risk-to-reward (R-multiple) targets:
- TP1: 0.5R, designed for rapid risk mitigation and early partial scaling.
- TP2: 0.8R, structured to capture standard initial momentum follow-through.
- TP3: 1.2R, targeting expanded structural swing continuation.
- TP4: 2.0R, positioned to track sustained directional runner extensions.
Closed-Bar Calculation Logic
- Signals calculate and lock strictly upon the close of the setup bar.
- Confirmed directional arrows and projected price targets remain anchored to their historical bars without recalculating, repainting, or shifting over time.
All-in-One Trading Toolkit on MT5
Purpose-built for identifying structural liquidity sweeps and rejection reversals across liquid markets.
Built to support your trading workflow: multi-symbol screening, multi-timeframe confirmation, transparent Entry-SL-TP visual structures, and on-chart historical backtesting.
Multi-Symbol and Multi-Timeframe Scanner
Avoid opening dozens of separate charts.
The integrated MTF SCAN dashboard monitors multiple assets simultaneously across:
M15, M30, H1, H4, D1
Dashboard overview:
- Active Signal Discovery: Shows currently active BUY/SELL setups.
- Signal Status Tracking: Displays basic status of tracked signals (active, near TP, near SL).
- Higher Timeframe Confluence: Highlights when a higher-timeframe trend aligns with a lower-timeframe trigger.
- Market Bias Summary: UP, DOWN, or FLAT reading based on the indicator's own trend filter.
- One-Click Navigation: Click any dashboard cell to switch your active chart to that symbol and timeframe.
Trade Plan Visualization: Entry, Stop Loss and 4-Tier TP Ladder
A full plan displayed on the chart rather than a single alert:
Entry -> Stop Loss -> TP1 -> TP2 -> TP3 -> TP4
- Visual risk/reward zones projected directly onto your candles.
- Basic lifecycle status tracking (Active, TP Hit, SL Hit).
- Non-Repaint Design: Signals lock once the bar closes and do not recalculate, shift, or disappear afterward. This describes the calculation logic only and does not imply any particular outcome.
Signal Filtering (Signal Brake)
Sideways consolidation and two-sided liquidity wicks can generate repeated false signals. The Signal Brake logic is intended to reduce this:
- Limits rapid BUY/SELL flip-flopping in tight consolidation ranges.
- Restricts new same-direction signals while a prior setup is still active.
- Requires a minimum R-distance before the next signal can trigger.
On-Chart Historical Backtest Panel
A built-in panel summarizes how signals performed on historical data for the current settings:
- Historical hit-rate breakdown across TP1, TP2, TP3, and TP4.
- Sample size shown for the configured lookback period.
- Highlights which TP level had the best historical hit-rate for that sample.
- A simple sample-size indicator to help judge statistical relevance.Note: these figures reflect past price data for the tested symbol, timeframe, and settings only. Past results do not guarantee future performance.
Multi-Channel Alerts
Stay informed while away from the chart:
- MT5 Desktop pop-up notifications.
- Audio alerts (.wav).
- Push notifications to the MT5 mobile app via MetaQuotes ID.
Interface
Designed to stay out of the way of your chart:
- 3 size presets: Small (S) / Medium (M) / Large (L).
- One-click minimize and expand toggle.
- Draggable panel that remembers its position across timeframe changes.
Suited For Traders Who Want To:
- Spot liquidity sweeps around key structural highs and lows.
- Validate true momentum reversals using closed-bar confirmation logic.
- Anchor protective Stop Loss levels directly to structural rejection wicks.
- Execute systematic trade plans using a predefined 4-tier risk-to-reward ladder.
- Scan multiple symbols and timeframes for sweep setups from one central dashboard.
- Review past signal metrics and statistical distributions directly on the chart.
Support and Free Trial
A free demo version can be tested in the Strategy Tester and on a demo chart before purchase, through the standard MQL5 Market demo feature.
Want to try the full version before buying? Message me and I'll set you up with a short-term full-feature trial license — just send a message with your account details.
For setup questions or technical support, feel free to send a message through my MQL5 profile.
