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This is a unique MT4 indicator that completely transforms how you view price action. Instead of showing raw prices, it displays a "Value Chart" โ a normalized version of price where all candles are recalculated relative to a floating axis (moving average of median prices) and divided by a volatility unit. This makes price movements comparable across different market conditions and reveals true overbought/oversold levels.
โก๏ธ What it draws:
๐ Value Chart Candles โ Custom OHLC candles in a separate window:
๐ข Green Candles โ Bullish (Close > Open)
๐ด Red Candles โ Bearish (Close < Open)
Body โ Thick line showing Open-Close range
Wick โ Thin line showing High-Low range
๐ Floating Axis โ Invisible baseline (average of last N median prices)
๐ Volatility Unit โ Invisible scaling factor (average range ร 0.2)
๐ฏ Dynamic Support/Resistance โ Auto-calculated lines based on price action profile:
๐ข Green Support Line โ Where price tends to bounce
๐ด Red Resistance Line โ Where price tends to reverse
๐ Static Levels โ Horizontal lines at ยฑ6, ยฑ8, ยฑ10, ยฑ12 (overbought/oversold zones)
๐ Alerts โ BUY/SELL signals when value crosses overbought/oversold levels
โ
Why Use This Indicator?
โ๏ธ Unique Approach โ Normalizes price for true comparison
โ๏ธ Dynamic S/R โ Auto-adjusts to market conditions
โ๏ธ Multi-Timeframe โ Analyze higher TFs on lower charts
โ๏ธ Alert System โ Never miss overbought/oversold
โ๏ธ Visual Clarity โ Easy to read value chart
โ๏ธ Volatility Adjusted โ Works in all market conditions
โ๏ธ Free & Open Source โ GNU GPL v3
โ๏ธ Proven Concept โ Value chart theory from market profile
๐๐ HAPPY TRADING !!!!๐ ๐
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โก๏ธ Simple Forex EAs โ๏ธ
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Body โ Thick line showing Open-Close range
Wick โ Thin line showing High-Low range
๐ Volatility Unit โ Invisible scaling factor (average range ร 0.2)
โ๏ธ Unique Approach โ Normalizes price for true comparison
โ๏ธ Dynamic S/R โ Auto-adjusts to market conditions
โ๏ธ Multi-Timeframe โ Analyze higher TFs on lower charts
โ๏ธ Alert System โ Never miss overbought/oversold
โ๏ธ Visual Clarity โ Easy to read value chart
โ๏ธ Volatility Adjusted โ Works in all market conditions
โ๏ธ Free & Open Source โ GNU GPL v3
โ๏ธ Proven Concept โ Value chart theory from market profile
๐
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Simple Forex Tools
This is a unique MT4 indicator that completely transforms how you view price action. Instead of showing raw prices, it displays a "Value Chart" โ a normalized version of price where all candles are recalculated relative to a floating axis (moving average ofโฆ
ICHT Value chart.mq4
12.9 KB
Can be good indicator for additional filter
This is a professional-grade Smart Money Concepts (SMC) indicator for TradingView that goes far beyond basic order block detection. It automatically identifies swing structure breaks (BOS/CHoCH), finds Order Blocks, and then scores each OB from 0-100 based on volume profile confluence (POC, Value Area, HVN). Every order block gets a grade (A+/A/B/C) so you instantly know which zones matter most.
๐ฆ Order Block Boxes โ Colored rectangles marking institutional supply/demand zones:
๐ 50% Equilibrium Line โ Dotted midline through each OB
๐ Info Table โ Status panel showing top 3 OBs with scores and grades
๐
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XAUUSDBOTS_PULSE_SCALPER.ex5
37.6 KB
EA NAME:
XAUUSDBOTS PULSE SCALPER
STRATEGY:
Tick-momentum โpulseโ scalper โ detects a short burst of consecutive price steps in one direction, then enters after a fixed time window if spread is acceptable.
HOW IT TRADES:
Counts rising / falling Ask moves (pulse steps)
If the pulse lasts ~TimeDifferSec seconds โ BUY (up pulse) or SELL (down pulse)
Avoids stacking too many same-direction trades
Max spread filter
TRADE MANAGEMENT:
Fixed or risk-% lot
Stop Loss in pips
Trailing stop
Optional force-close after N minutes
Suggested TF: Any (logic is tick-based). Common on M1.
Compile with X64 Regular. Demo-test first โ tick scalpers are sensitive to broker spread and latency.
100% Free No Lock No Expired
XAUUSDBOTS PULSE SCALPER
STRATEGY:
Tick-momentum โpulseโ scalper โ detects a short burst of consecutive price steps in one direction, then enters after a fixed time window if spread is acceptable.
HOW IT TRADES:
Counts rising / falling Ask moves (pulse steps)
If the pulse lasts ~TimeDifferSec seconds โ BUY (up pulse) or SELL (down pulse)
Avoids stacking too many same-direction trades
Max spread filter
TRADE MANAGEMENT:
Fixed or risk-% lot
Stop Loss in pips
Trailing stop
Optional force-close after N minutes
Suggested TF: Any (logic is tick-based). Common on M1.
Compile with X64 Regular. Demo-test first โ tick scalpers are sensitive to broker spread and latency.
100% Free No Lock No Expired
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We accept no responsibility for it! We no have any system which are promoted. Please do not contact us for clarify it
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The next-generation trading engine, crafted with precision, vision, and years of real market experience. Traders all over the world trust me because Iโm built differently:
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