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by Bruclee2022
Hello Forex Station MT5 developers,
I would appreciate your recommendations or advice for a free MQL5 indicator concept I am testing on XAUUSD M5/M15. The purpose is to identify **candidate future turning zones before price first touches them**, and to monitor early weakening of a strong trend before ADX/DI eventually changes direction. It must work symmetrically for possible bullish lows and bearish highs. This is NOT a request for a magic predictor or guaranteed signals.
**Part A — Pre-Touch Zone Forecast (first priority):** Use only past, already closed data to draw and timestamp candidate demand/support and supply/resistance zones ahead of price — e.g., prior H1/M15 structure, untested supply/demand/OB/FVG, or clearly specified ATR/range projections. Show PRE-TOUCH, FIRST TOUCH, REJECTION CONFIRMED, BROKEN/FAILED, with alerts and the original zones preserved for auditing. Do NOT use a ZigZag pivot confirmed later to pretend the line existed before touch.
**Part B — Circular Multi-Gauge Dashboard (optional second module):** A compact speedometer-style panel combining ADX and +DI/-DI, the DI spread and its change, RSI/MFI momentum, MACD histogram slope, and ATR relative expansion. Separate 'bearish pressure weakening' and 'bullish pressure weakening' watch states from actual reversal confirmation. Allow the last CLOSED M15/H1 data to accompany M5.
An example that motivated this idea was a fast BTC/gold-like countertrend reversal while an ADX panel continued showing BEARISH VERY STRONG; a gold XAUUSD M15 support reference near 3867.22 is one case to study, not proof of advance prediction. Ideally the code is English-only, free MQ5 source, lightweight, with popup/sound alerts, no DLL and NO trade execution. Optional frozen Entry/SL/TP1 after a genuine trigger. Please record zone creation timestamps and failed attempts to CSV, so the result can be assessed using replay and tick-first-touch rather than just attractive historical arrows.
Does any existing MT5 indicator already do this? If not, could a volunteer coder suggest a simple first prototype — even Part A only? I can test on demo and provide reproducible notes/screenshots. Thanks for any guidance.