Gold and Bitcoin Zones
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- Sürüm: 2.46
Gold and Bitcoin Zones is a visual indicator for MetaTrader 5 that displays potential M1 and M5 demand and supply zones together on a single chart.
Zones are identified from price bases followed by a bullish or bearish impulse. Each zone is labelled M1 or M5 to identify its source timeframe.
Chart Guide
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Green: potential demand zone.
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Transparent red: potential supply zone.
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Grey: invalidated zone or interrupted historical data.
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Untested / Retested: indicates whether price has returned to the zone since confirmation.
Features
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Simultaneous display of M1 and M5 zones.
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Independent ATR calculations for each timeframe.
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Support and resistance levels, confirmed swing points, and daily and weekly levels.
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Rejection and retest detection on the chart timeframe.
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Informational M5 and M15 trend readings.
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Dashboard showing the number of active zones.
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Adjustable colours, transparency, border thickness, and detection criteria.
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Configurable alerts for selected market conditions.
How to Use
Attach the indicator to an M1 or M5 chart using your broker’s symbol, including gold or Bitcoin. Both timeframes are analysed automatically.
A zone becomes available only after the impulse candle closes. Its rectangle extends back to the historical price base; the confirmation time is shown in its tooltip. Retests and invalidations are evaluated using closed candles from the zone’s source timeframe.
This indicator is an analytical aid. It does not place orders or automatically manage positions, stop-losses, or take-profits. Potential zones do not verify the presence of actual buy or sell orders and do not guarantee trading results.
