Visualization, Zone Fill, Sign Dashboard & Cancelled Indicators Consumer Information
Desk of Contents
- Visible Parts Overview
- VISUALIZATION Settings
- Zone Fill — Threat/Reward Areas
- Sign Dashboard — Stats Panel
- Cancelled Indicators — Expired/Cancelled Show
- Preset Configurations
- Incessantly Requested Questions (FAQ)
- Utilization Ideas
1. Visible Parts Overview
Whenever you connect an indicator to a chart, the system renders the next visible elements for every detected sign:
Core Elements
| Part | Description |
|---|---|
| Sign candle | The sample candle highlighted with a particular coloration to face out |
| BUY/SELL arrow | Inexperienced up arrow (BUY) or crimson down arrow (SELL) on the sign bar |
| Entry line | Horizontal line in impartial coloration — the commerce entry value stage |
| SL line | Horizontal crimson line — Cease Loss stage |
| TP1–TP4 traces | Horizontal traces in inexperienced shades — Take Revenue ranges |
| Worth labels | Precise value worth displayed on every line |
| Pip labels | Pip distance from Entry proven on every line |
| P/L labels | Revenue/Loss end result displayed after a sign closes |
| Zone Fill | Coloured rectangles between Entry↔SL (danger) and Entry↔TP4 (reward) |
| Monitoring path | Dotted diagonal path monitoring value motion from entry |
| High quality rating | High quality label close to the arrow (e.g., “Q: 0.72”) |
2. VISUALIZATION Settings
This group incorporates 10 choices that management what seems on the chart.
Full Settings Desk
| Enter title | Sort | Default | Perform |
|---|---|---|---|
| Colour sample candles | bool | true | Spotlight sign candles with particular colours |
| Present Entry/SL/TP Traces | bool | true | Draw horizontal Entry, SL, and TP1–TP4 traces |
| Present Worth Labels on Traces | bool | true | Present value worth label on every line |
| Present Pip Distance Labels | bool | true | Present pip distance from Entry on every line |
| Present Sign Arrows (BUY/SELL) | bool | true | Present BUY/SELL directional arrows |
| Present Revenue/Loss Labels | bool | true | Present P/L end result label after sign closes |
| Cover Expired Indicators | bool | false | Cover indicators which have completed (hit TP or SL) |
| Line Width | int | 1 | Thickness of all traces (1–5) |
| Present Monitoring Path (diagonal path) | bool | false | Present dotted path of value path from entry |
| Present High quality Rating | bool | false | Present high quality rating label close to arrow |
Detailed Clarification of Every Possibility
Colour sample candles
When enabled, the candle the place the sample was detected is coloured in another way from surrounding candles. This works greatest with the Darkish Muted theme. Disable if you wish to protect the unique candle colours out of your chart theme.
Present Entry/SL/TP Traces
Attracts the important thing horizontal ranges on the chart:
- Entry: commerce entry stage (impartial coloration)
- SL: Cease Loss (crimson)
- TP1 by way of TP4: Take Revenue ranges (progressively stronger inexperienced shades)
Disable to declutter the chart whenever you solely want the arrows to establish sign location.
Present Worth Labels on Traces
Shows the precise numeric value (e.g., “2345.50”) straight on every line. Helpful for monitoring exact ranges with out hovering a cursor over every line.
Present Pip Distance Labels
Exhibits the pip distance from Entry to every stage (e.g., “SL: -25 pips”, “TP1: +50 pips”). Allows you to consider the R:R ratio at a look with out guide calculation.
Present Sign Arrows (BUY/SELL)
Inexperienced up arrow = BUY sign. Crimson down arrow = SELL sign. Arrows seem on the sign bar place. That is sometimes the primary visible component the attention finds when scanning a chart.
Present Revenue/Loss Labels
After a sign concludes — both by hitting TP or SL — a label shows the result. Instance: “+125 pips” (inexperienced) for a win, “-30 pips” (crimson) for a loss. Helpful for visible efficiency evaluation straight on the chart with out opening a separate report.
Cover Expired Indicators
Default: false — all historic indicators stay seen. Set to true to cover completed indicators and present solely presently energetic ones. Beneficial when the chart has amassed many historic indicators and feels cluttered.
Line Width
Values from 1 to five. Default 1 (skinny). Improve to 2 or 3 on smaller screens or whenever you need traces to face out extra clearly. Values of 4–5 can begin to obscure value motion beneath the traces.
Present Monitoring Path (diagonal path)
Attracts a dotted diagonal path from the Entry stage monitoring the place value moved after the sign appeared. Disabled by default as a result of it provides extra chart objects per sign. Allow it for post-session evaluation to grasp how value behaved after every sign — whether or not it reached TP, reversed, or stopped out.
Present High quality Rating
Shows a “Q: 0.XX” label close to the sign arrow. The rating ranges from 0 to 1 — larger is healthier. Disabled by default. Allow whenever you wish to manually filter and focus solely on high-quality indicators (e.g., solely commerce when Q > 0.65).
3. Zone Fill — Threat/Reward Areas
Zone Fill renders coloured rectangles that make the danger and reward areas of a commerce instantly seen — no psychological math required.
How It Works
- Threat Zone (Entry to SL): A darkish grey rectangle between the Entry line and the SL line. That is the hazard zone — if value enters right here, the commerce stops out.
- Reward Zone (Entry to TP4): A impartial green-gray rectangle between Entry and TP4. That is the goal zone — value should attain right here for max revenue.
The relative measurement of those two rectangles provides you an immediate visible learn of the R:R ratio. A tall reward zone versus a small danger zone signifies a positive setup.
Zone Fill Settings Desk
| Enter title | Sort | Default | Perform |
|---|---|---|---|
| Allow Zone Fill for Lively Indicators | bool | true | Allow or disable all zone fill |
| Zone Period (bars from entry) | int | 50 | What number of bars the zone extends to the proper |
| Threat Zone Colour (Entry→SL) | coloration | Darkish grey C’70,65,65′ | Colour of the danger rectangle |
| Reward Zone Colour (Entry→TP4) | coloration | Impartial grey C’55,60,55′ | Colour of the reward rectangle |
| Entry Line Colour | coloration | Medium grey C’90,90,85′ | Colour of the Entry horizontal line |
Zone Period
Zone Period is the variety of bars the coloured rectangles lengthen to the proper from the sign bar. Default is 50 bars.
- Brief (20–30 bars): Compact zones, appropriate for scalping and quick timeframes
- Medium (50 bars): Balanced — works effectively for brief swing trades
- Lengthy (100+ bars): Prolonged zones, appropriate for positions held throughout a number of periods
When a sign hits TP or SL earlier than the period expires, the zone rendering updates to replicate the closed state.
Colour Customization
The default colours are deliberately low-contrast — seen sufficient to grasp the setup, however darkish sufficient to not obscure candles beneath. For those who use a lightweight chart background, improve the darkness of each zone colours through the MT5 coloration picker to take care of legibility.
4. Sign Dashboard — Stats Panel
The Sign Dashboard is a compact statistics panel that shows on the chart, providing you with a operating view of system efficiency with out leaving the worth motion.
Info Displayed
- Win/Loss depend: Variety of accomplished successful and shedding indicators
- Web Pips: Operating complete of pips gained minus pips misplaced throughout all closed indicators
- Open Indicators: Variety of indicators presently energetic (value between Entry and TP/SL)
- Final Sign: Path and pip results of essentially the most not too long ago closed sign
Dashboard Settings Desk
| Enter title | Sort | Default | Perform |
|---|---|---|---|
| Present Sign Dashboard (stats panel) | bool | true | Allow or disable the dashboard |
| Dashboard X Place (pixels) | int | 20 | Horizontal place from left edge |
| Dashboard Y Place (pixels) | int | 150 | Vertical place from high edge |
| Font Measurement (8-24 pixels) | int | 20 | Textual content measurement for all dashboard labels |
| Row Top (18-40 pixels) | int | 28 | Vertical spacing between rows |
Positioning the Dashboard
The default place locations the dashboard within the upper-left space of the chart (X=20, Y=150). Alter to keep away from overlapping value motion:
- Transfer proper: Improve Dashboard X Place (e.g., 900 to push it close to the proper edge)
- Transfer down: Improve Dashboard Y Place (e.g., 400 to put it mid-chart)
Font and Row Top Sizing
The Font Measurement and Row Top settings ought to be adjusted collectively. For those who improve font measurement with out rising row peak, textual content rows will overlap.
| Monitor / Use Case | Font Measurement | Row Top |
|---|---|---|
| Small monitor / tight structure | 14 | 22 |
| Customary (default) | 20 | 28 |
| 4K monitor / viewing from distance | 24 | 36 |
5. Cancelled Indicators — Expired/Cancelled Show
A sign is “cancelled” or “expired” when value by no means reached the Entry stage after the sign appeared, or when the system decided the sign setup was not legitimate. These indicators by no means turned energetic trades.
Cancelled Indicators Settings Desk
| Enter title | Sort | Default | Perform |
|---|---|---|---|
| Present Cancelled/Expired Indicators | bool | false | Present or conceal cancelled/expired indicators |
| Cancelled Sign Colour | coloration | Grey C’128,128,128′ | Show coloration for cancelled indicators |
Why Hidden by Default
A single session can produce extra cancelled indicators than precise energetic trades, relying on market circumstances and filter settings. Displaying all of them makes the chart visually noisy. The default hides cancelled indicators so solely significant (energetic or accomplished) indicators are seen throughout stay buying and selling.
When to Allow
- Backtest evaluation: Reviewing all indicators together with cancelled ones to evaluate sign frequency
- Filter optimization: Evaluating accepted vs. rejected indicators to grasp how filters behave
- Sample analysis: Learning why sure setups have been detected however by no means triggered
Sign Colour
The default grey (128, 128, 128) is deliberately muted — cancelled indicators seem visually light in comparison with the vivid inexperienced/crimson of energetic indicators. Keep away from altering this coloration to one thing shiny, as it would create confusion between cancelled and energetic indicators at a look.
6. Preset Configurations
Configuration 1: Minimalist
For merchants who solely want indicators and directional traces, no further info.
Colour sample candles = true
Present Entry/SL/TP Traces = true
Present Worth Labels on Traces = false
Present Pip Distance Labels = false
Present Sign Arrows = true
Present Revenue/Loss Labels = false
Cover Expired Indicators = true
Line Width = 1
Present Monitoring Path = false
Present High quality Rating = false
Allow Zone Fill = false
Present Sign Dashboard = false
Present Cancelled Indicators = false
Consequence: Solely arrows and three traces (Entry/SL/TP) seen. Most chart readability.
Configuration 2: Full Evaluation
For merchants who need all obtainable info on the chart.
Colour sample candles = true
Present Entry/SL/TP Traces = true
Present Worth Labels on Traces = true
Present Pip Distance Labels = true
Present Sign Arrows = true
Present Revenue/Loss Labels = true
Cover Expired Indicators = false
Line Width = 2
Present Monitoring Path = true
Present High quality Rating = true
Allow Zone Fill = true
Zone Period = 50
Present Sign Dashboard = true
Present Cancelled Indicators = false
Consequence: Each visible part energetic. Finest for technique analysis and optimization.
Configuration 3: Analysis / Backtest Mode
For reviewing full sign historical past together with cancelled setups.
Cover Expired Indicators = false
Present Revenue/Loss Labels = true
Present Monitoring Path = true
Present High quality Rating = true
Present Sign Dashboard = true
Present Cancelled Indicators = true
Allow Zone Fill = true
Zone Period = 30
Consequence: All indicators seen together with cancelled — full image for system analysis.
Configuration 4: Scalping / Small Monitor
For quick timeframes and compact display screen layouts.
Present Worth Labels on Traces = false
Present Pip Distance Labels = false
Present Monitoring Path = false
Present High quality Rating = false
Line Width = 2
Allow Zone Fill = true
Zone Period = 20
Font Measurement = 14
Row Top = 22
7. Incessantly Requested Questions (FAQ)
Q1: Too many traces on my chart — how do I scale back muddle?
Disable Present Worth Labels on Traces , Present Pip Distance Labels , and Present Monitoring Path . Set Cover Expired Indicators = true to take away historic indicators. These three adjustments alone make the chart considerably cleaner whereas preserving the core entry/exit info.
Q2: Zone Fill is overlaying value candles. How do I repair this?
Set Allow Zone Fill = false to take away it totally, or scale back Zone Period to twenty–30 bars so zones solely lengthen a brief distance from the sign. Alternatively, modify the zone colours to darker shades with decrease opacity utilizing the MT5 coloration picker.
Q3: Entry/SL/TP traces disappeared after a number of candles. Is that this a bug?
No — that is anticipated conduct when a sign expires or hits TP/SL. To maintain historic traces seen, set Cover Expired Indicators = false . If traces disappear too shortly on pending indicators, examine the Pending Expiry setting within the buying and selling configuration group (default: 50 bars after the sign seems with out value reaching Entry).
This fall: The Sign Dashboard reveals incorrect numbers.
The dashboard calculates throughout all historic knowledge loaded on the chart. For those who simply connected the indicator, await the total historic scan to finish — this takes a couple of seconds relying on how a lot historical past is loaded. Numbers replace routinely as indicators are processed.
Q5: What does the High quality Rating imply and the way ought to I take advantage of it?
The rating ranges from 0 to 1. Larger scores (>0.7) point out indicators that meet extra high quality standards — sample measurement, market context, development alignment, and different components particular to every indicator. A sensible method: solely think about buying and selling indicators with Q > 0.65 to filter out marginal setups. The precise standards differ by indicator (Mirage, PinBar, Inverted Hammer every has its personal high quality evaluation mannequin).
Q6: The Sign Dashboard appears to be like too small on my 4K monitor. How do I resize it?
Improve Font Measurement to 22–24 and Row Top to 34–38. Then modify Dashboard X Place and Dashboard Y Place to put it the place you need. At 4K decision, the default Font Measurement 20 seems small relative to the chart.
8. Utilization Ideas
Tip 1: Mix High quality Rating with Zone Fill for fast sign evaluation
Allow each Present High quality Rating and Allow Zone Fill . A sign with Q > 0.7 the place the reward zone (inexperienced space) is visually bigger than the danger zone (grey space) is your highest-probability setup. Your eye processes the geometry quicker than you’ll be able to learn numbers — use this to scan shortly.
Tip 2: Toggle Cover Expired Indicators primarily based on session part
Throughout stay buying and selling hours: set Cover Expired Indicators = true for a clear chart targeted on present indicators. After the session closes: set it to false to evaluation the total day’s indicators and assess efficiency. Switching between modes takes two seconds within the indicator properties.
Tip 3: Reserve Monitoring Path for post-session evaluation
Present Monitoring Path is disabled by default as a result of every sign provides further chart objects (the diagonal path). Throughout stay buying and selling this provides noise. Allow it just for post-session evaluation — watching how value moved after every sign reveals patterns about TP/SL effectivity and optimum exit timing. Disable earlier than the subsequent buying and selling session.
Tip 4: Match Dashboard sizing to your precise monitor setup
Each monitor and backbone is completely different. Begin at Font Measurement 14 you probably have a dense chart with many indicators. Improve in steps (14 → 18 → 20 → 24) till you discover a measurement you’ll be able to learn at a look with out squinting. All the time modify Row Top proportionally (Font 14 = Row 22, Font 20 = Row 28, Font 24 = Row 36) to maintain rows from overlapping.
This information applies to all indicators within the system. Enter names and performance are an identical throughout Mirage, PinBar, and Inverted Hammer Buying and selling System.
Model 1.15 — Ich Khiem Nguyen — https://www.mql5.com/en/customers/khiemni/vendor