Technical Indicators for MetaTrader 5

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MetaTrader 5

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Flow Bookmap

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Information

Indicators
MetaTrader 5
Thalles Nascimento De Carvalho
1.1
5

Overview

Flow Bookmap: Visualize Market Flow and Protect Your Trades ?️?

? WANT TO MASTER THE MARKET WITH PRECISE INFORMATION ABOUT BUYERS AND SELLERS?

Flow Bookmap is the ultimate tool for traders looking to understand market behavior in depth. It transforms order flow data into an intuitive interface on the MT5 chart, highlighting critical areas of interest for quick and secure decision-making.

? How It Works

Flow Bookmap interprets the interaction between buyers and sellers in the market, highlighting critical imbalances:

  • When buyers dominate, the price tends to fall as sellers find better conditions to adjust their prices.
  • When sellers dominate, the price tends to rise due to the inverse logic of equilibrium.

Additionally, the indicator plots the information directly on the chart, creating a history as it collects real-time data. This means the indicator builds imbalance zones and the interaction between buyers and sellers as calculations are completed, allowing a dynamic and precise visualization of market conditions as they unfold. The price ranges of major interest act as defense zones on the chart, helping protect your trades.

? Exclusive Benefits of Flow Bookmap

1️⃣ Clear and Intuitive Graphic Interface

See directly on the chart:

  • Buyers and sellers highlighted.
  • Imbalance zones (imbalances) with specific colors:
    • Green: Strong buying pressure.
    • Red: Strong selling pressure.
    • Gold: Critical imbalance ranges.

2️⃣ Take Advantage of Interest Zones as Support and Resistance

  • Identify areas with high order volume to optimize entries and exits.
  • Use these areas as natural defenses against sudden price moves.

3️⃣ Real-Time Alerts

Receive visual alerts on the chart to immediately react to market changes.

4️⃣ Compatible with Automated Strategies (EAs)

  • Buffer 0: Buy Signal
  • Buffer 1: Sell Signal
  • Buffer 2: Critical Imbalance Range (Gold)

Set up your Expert Advisors (EAs) to operate automatically with the data provided by Flow Bookmap.

5️⃣ Easy Setup and Use

Flow Bookmap is intuitive and ready to use, allowing you to focus entirely on your analysis.

⚠️ Check Book Access on MT5

Before using Flow Bookmap, confirm with your broker whether there is support for the order book on MT5. The indicator uses real-time data, as MT5 does not store the order book history.


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