MetaTrader 5 Indicator that detects consolidation ranges and generates signals based on three customizable strategies

---

Main Features

• Three detection strategies: direct breakout, breakout with retest, and false breakout with re-entry
• ATR-based or fixed-point range difference thresholds
• Swing high/low detection via pure swings or ZigZag
• Fully customizable rectangle style (color, fill, line width, line style)
• Configurable wait bars for retest and re-entry strategies
• Built-in alert system (popup and push notification)
• Multi-timeframe support

---

Strategies

Strategy	Description
Direct Breakout	Generates a signal on the bar that breaks the range
Breakout + Retest	Waits for price to return and retest the broken level before signaling
Re-entry (Manipulation)	Signals when price re-enters the range after a false breakout

---

Input Parameters

General

Parameter	Description
strategy_mod	Strategy type: Breakout, Breakout + Retest, or Re-entry
strategy_tf	Timeframe for range detection

Retest Strategy

Parameter	Description
max_espera_reetest	Maximum bars to wait for a retest (default: 40)
type_retest	Strict or non-strict retest validation

Re-entry Strategy

Parameter	Description
max_espera_re_entry	Maximum bars to wait for re-entry (default: 40)

Range Detection

Parameter	Description
inp_type_get_swing	Min/max detection mode: Pure Swings or ZigZag
lenth_swing	Swing candle length (used when Pure Swings mode is selected)
period_zz	ZigZag period (used when ZigZag mode is selected)
inp_type_max_diff	Max diff type: ATR-based or fixed points
inp_atr_multiplier	ATR multiplier for range width threshold
inp_atr_period	ATR period
max_diff_in_high_lows_range_in_points	Fixed max diff in points

Visual

Parameter	Description
fill_rect_range	Fill the range rectangle
clr_range	Rectangle color
style_range	Line style
width_range	Line width

Alerts

Parameter	Description
enable_alerts	Enable/disable alerts
range_alerts_flasg	Alert types: Notification, Alert, or both

---

Preview

Direct Breakout

Breakout + Retest

Re-entry (Manipulation)

---

Repository Structure

MultiStrategyRangesIndicator/
├── Src/      # Core strategy logic (MultyEstrategieRange.mqh, Global.mqh, etc.)
├── Img/      # Repo banner and assets
└── Multi Strategy Ranges Indicator.mq5  # Main indicator file

---

Requirements

See dependencies.json for the full dependency list.

---

Installation

• Clone the repository into your MT5 MQL5\Shared Projects\ folder via CMD
• Or contact me on MQL5 (user: nique_372) to be added as a collaborator with read-only access — the repository will appear automatically in your Shared Projects folder
• Or fork the repository

---

Quick Start

1. Download the latest .ex5 from the Releases section
2. Copy the .ex5 file into your MT5 MQL5\Indicators\ folder
3. Attach the indicator to any chart and configure the inputs

---

License

Read Full License

By downloading or using this repository, you accept the license terms.

---

Disclaimer

Trading involves substantial risk of loss.

• This software is a technical tool, not financial advice
• Past performance does not guarantee future results
• You are solely responsible for your trading decisions
• Always test thoroughly before deploying with real capital
• Use appropriate risk management at all times

The authors assume no liability for trading losses, system failures, or any damages arising from the use of this software.

---

Contact and Support

• MQL5 Product Page: https://www.mql5.com/en/market/product/133514
• Comments & Community Support: https://www.mql5.com/en/market/product/133514/comments
• Profile: https://www.mql5.com/es/users/nique_372
• Issues: Use the repository issue tracker for bug reports and feature requests

---

Copyright © 2025 Nique-Leo. All rights reserved.