WaveSniper

Hi all,
It's been a while since I wrote here.
I've been building MQL5 indicators for a while now — converted quite a few Pine Script systems, wrote my own from scratch, tested hundreds of setups. After all that, I kept coming back to the same conclusion: the only things that actually matter are knowing the direction and finding a good entry in that context.
WaveSniper is what I ended up with after stripping everything else away.
How it works:
Two components, nothing more:
1. Adaptive Baseline — the sole directional gate. Four algorithms to choose from, each with a different reactivity/smoothness trade-off:

Adaptive — adjusts speed based on market efficiency, fastest flip
Smooth Trend — moves only when price genuinely diverges from structure, lowest noise
Market Structure — step-like updates on breakouts, flat during consolidation
Kernel Regression — weighted statistical fit, naturally spike-resistant

No entry is allowed against the baseline direction. That's the only hard rule.
2. Signal Engine — scores six independent conditions simultaneously before placing an arrow: Order Flow Imbalance, Hawkes point process, pivot structure (HH/LL, LH/HL), multi-scale momentum, kernel excess detection, volume confirmation. Minimum conditions required is user-configurable (1–6). This is the sum of hundreds of different indicators analyzed and tested so far.

Write-once signal logic on closed bars — no repainting, ever
Mutual exclusion: entry and opposite-direction exit cannot appear on the same bar
No MTF — deliberately omitted because HTF data sync creates live/backtest inconsistencies on fast timeframes
No external DLL, no iATR/iMA handles — all calculations are internal
EA-ready: explicit buffers, documented indices, stable across updates


Three-layer glow baseline (outer width 5 / mid width 3 / core width 1), five color themes, full alert system (popup/sound/push/email) with separate switches for entry and exit signals.
Available on MQL5 Market: https://www.mql5.com/en/market/product/ ... oduct+Page
Happy to answer questions on the signal logic or parameter setup.

P.S. I will start sharing free stuff again soon!