Fresh MQL5 code release – perfect for enhancing your MT4/MT5 strategies.
Key Features:
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Dual Smoothing Technology: Uses a two-step smoothing process (SMMA & EMA) to provide a clean visual representation of price action without losing responsiveness.
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Dynamic Supply & Demand (SnD): Automatically plots significant horizontal Support and Resistance levels based on recent price imbalances.
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Major Trend Filter (200 EMA): Built-in trend plot that acts as a gatekeeper; it only allows bullish signals above the line and bearish signals below it.
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Momentum Confluence: Signals are cross-verified using CCI and MACD algorithms to ensure price movement has sufficient backing.
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Trend Strength Filter (ADX): Automatically turns candles Gray during low-volatility or sideways markets to protect you from "choppy" conditions.
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Adaptive Volume Logic: Compares current tick volume against local averages to confirm genuine market participation.
How to Use:
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Bullish Entry (Green): Enter when the candle turns Green, price is above the 200 EMA, and ideally bouncing off a Demand (Blue) line.
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Bearish Entry (Red): Enter when the candle turns Red, price is below the 200 EMA, and ideally rejecting a Supply (Orange) line.
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Neutral (Gray): Do not enter. This indicates a weak trend, lack of volume, or conflicting indicators.
Settings:
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Heiken Ashi Settings: Customize the smoothing periods and methods.
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Precision Filters: Toggle the 200 EMA visual and adjust ADX intensity.
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SnD Settings: Adjust the lookback period for Support/Resistance detection and customize line colors.
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