mt5 min price change indicator

The MinPriceChange Indicator for MT5 helps detect when the market moves from a flat (sideways) phase into a new movement, which is either a continuation of the current trend or an reversal.

Example chart:

mt5 min price change indicator example chart

How to use MT5 MinPriceChange Signal Indicator?

The idea behind this tool is simple: markets move sideways for some time, then it must break out. This indicator tries to catch that moment.

For this purpose it performs calculations based on price changes between bars.

Formula

For a selected period, the indicator calculates the total price change.
It sums the differences between consecutive closes:

close[i] – close[i-1]

Then it compares the current sum of price changes with the minimum value calculated over previous bars.

If the current value becomes lower than the previous minimum, it is treated as a signal that the flat period may be over.

When breakout happens?

A breakout from the current range may be starting, when price movement reaches a new minimum level compared to recent history. The indicator signals a possible shift in market behavior.

Conclusion

The MinPriceChange for MetaTrader 5 is designed for traders who want a simple way to detect the transition from flat movement to active price movement.

It was inspired by the iVLT indicator, however, this one is more adaptive to changing market conditions.


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