EURUSD & GBPUSD: High-Conviction M5 Filter with Scheduled Alerts

EURUSD & GBPUSD: High-Conviction M5 Filter with Scheduled Alerts

Hey everyone,

Sharing something I built for my own M5 trading.
The problems were simple:

1. I was taking too many trades. Every little move on M5 looked like
an opportunity. Breakout? I'm in. Pullback? I'm in. Consolidation
break? I'm in. Result? Most of them failed. The wins were small,
the losses added up, and I was glued to the screen for hours
watching noise.

2. I was getting alerts at 3am. My phone would buzz during sleep,
during work, during dinner—signals I couldn't even act on. It was
frustrating and pointless.

3. I kept missing exits. I'd enter a trade, then forget to watch for
the exit signal. I'd either close too early or hold too long.

So I asked myself: What if I only traded when the bigger picture
actually supported the M5 move? What if I only got alerts during MY
trading hours? What if the indicator told me exactly when to exit?

That's what this does.

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WHAT YOU GET
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✓ Higher-timeframe trend filter
└─ Fewer signals, but higher quality (H1/H4 confirmation required)

✓ Alert scheduling by day and time
└─ Only get alerts during YOUR trading hours
└─ Block weekends, lunch breaks, sleep hours—whatever you want

✓ Entry + Exit alerts
└─ Know exactly when to enter AND when to close
└─ Toggle exit alerts on/off as needed

✓ Multiple alert channels
└─ Popup, Sound, Mobile Push, Email—choose what works for you

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REQUIREMENTS
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Platform: MT4 only
• For Push alerts: MT4 → Tools → Options → Notifications
• For Email alerts: MT4 → Tools → Options → Email

CHART TIMEFRAME:
• Attach indicator to: M5 chart. (LOCKED TO M5)
• System analyzes: M5, M15, M30, H1, H4 simultaneously
• WHAT You see: Clean signals on M5 (noise filtered by higher timeframes)

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ENTRY / EXIT RULES
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HOW IT WORKS:

• M5 gives you the entry timing (fast)
• H1/H4 confirm the trend direction (quality filter)
• Result: Fewer signals, but HIGHER probability trades

TRADING RULES:
1. ENTRY
Wait for a LONG or SHORT arrow alert. Open position in the signal
direction with your predefined Stop Loss and Take Profit levels.

(What You'll See On Chart):
• Aqua Arrow (↑) = BUY Entry Signal
• Yellow Arrow (↓) = SELL Entry Signal

2. EXIT
Wait for the exit alert. Close position upon signal.
• White X (above price) = Exit LONG Position
• White X (below price) = Exit SHORT Position
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RECOMMENDED INSTRUMENTS
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BEST PERFORMANCE:

• Major Pairs: EUR/USD, GBP/USD, USD/JPY
• Gold: XAU/USD
• Indices: NASDAQ (US100), S&P 500 (US500)

AVOID:
• Exotic pairs (high spread kills edge on M5)
• Instruments with spread > 2 pips
Full instrument list + performance notes: See POST #2, Section 11

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ALERT FEATURES (Overview)
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The alert system is fully configurable:
CHANNELS
• Popup alerts (MT4 window)
• Sound alerts (custom sound files)
• Push notifications (MT4 mobile app)
• Email alerts (custom subject line)
• Expert log (for debugging)
SCHEDULING
• Set trading hours per day (Monday-Friday)
• 3 time windows per day (e.g., London + NY sessions)
• Block Saturday/Sunday (low liquidity)
• Use local time or server time
SPAM PREVENTION
• One alert per bar (no duplicates)
• Cooldown timer between alerts
• Signal on closed bar (no repaint)

For complete settings documentation, see POST #2 (README) below.

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DOWNLOAD
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V2: 29-Dec-2025
- Minor bug fixed on exit logic
- Added D1 Bias lock: Expect signal in single trading Bias through out the Day.


V1: dodf_Scheduled_Alerts.ex4
INSTALLATION:
1. Download the .ex4 file from this post
2. Place in: MT4 Data Folder → MQL4 → Indicators
3. Restart MT4 (or refresh Navigator window)
4. Drag indicator onto M5 chart
5. Adjust settings as needed

DEFAULT SETTINGS (Out of the Box):
• Entry alerts: ON
• Exit alerts: OFF (enable manually after entering trade)
• Alert schedule: Monday-Friday, 08:00-22:00 (your local time)
• Weekend blocking: ON
• Signal bar: Closed bar only (no repaint)

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FEEDBACK REQUEST
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I'm looking for honest feedback on:

• Signal quality on EUR/USD and GBP/USD (primary test pairs)
• Alert scheduling usability (are the settings intuitive?)
• Exit alert timing (too early, too late, just right?)
• Feature requests or bugs

Please share your results—good or bad. Screenshots and chart examples
are especially helpful.

If you're testing, please mention:
• Pair and timeframe
• What worked / what didn't
• Any issues with alerts or scheduling
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NOTES
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- This is an MT4 indicator. It plots arrows and sends alerts. It does
NOT place trades automatically.

- No profit claims. No win-rate promises. This is a tool for testing
and validation. Use it on demo first.

- Feedback appreciated.

- This is not a "holy grail." It's a trend filter designed to reduce
noise on M5. It won't catch every move, and it will have losing signals.
Risk management is still required.

# POST #2: COMPLETE INDICATOR DOCUMENTATION (README)
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COMPLETE INDICATOR DOCUMENTATION
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This guide explains every setting you see in MT4 indicator properties.
Settings are listed EXACTLY as they appear in your MT4 interface.

TABLE OF CONTENTS:
1. Alert Engine
2. De-Dup / Throttle
3. Alert Channels
4. Alert Event Filters
5. Alert Message Format
6. Alert Schedule Gating
7. Monday Through Friday Schedules
8. Weekend Blocking
9. Quick Start Presets
10. Troubleshooting


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1. ALERT ENGINE
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Master alert switch
├─ Type: true/false
├─ Purpose: Main on/off switch for all alerts
├─ true = Alerts enabled
├─ false = All alerts disabled (chart signals still visible)
└─ Default: true

0=forming, 1=closed
├─ Type: Number (0 or 1)
├─ Purpose: When to trigger alert
├─ 0 = Alert on forming bar (faster, but signal may change)
├─ 1 = Alert on closed bar (confirmed signal, no repaint)
└─ Default: 1
└─ RECOMMENDED: Keep at 1 to avoid false signals

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2. DE-DUP / THROTTLE
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One alert per bar
├─ Type: true/false
├─ Purpose: Prevents multiple alerts for same signal
├─ true = Maximum 1 alert per bar (recommended)
├─ false = Multiple alerts possible on same bar
└─ Default: true

Cooldown between alerts
├─ Type: Number (seconds)
├─ Purpose: Minimum time between ANY alerts
├─ 0 = No cooldown
├─ 60 = 1 minute cooldown
├─ 300 = 5 minute cooldown
└─ Default: 0
└─ TIP: Set to 60-300 if you run indicator on multiple charts


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3. ALERT CHANNELS
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Show popup alert
├─ Type: true/false
├─ Purpose: Display MT4 popup window on signal
├─ true = Popup appears (stays until you click OK)
├─ false = No popup
└─ Default: true

Play sound alert
├─ Type: true/false
├─ Purpose: Play audio alert on signal
├─ true = Sound plays (uses file below)
├─ false = Silent alerts
└─ Default: true

Alert sound filename
├─ Type: Text (filename)
├─ Purpose: Which sound file to play
├─ File must be in: MT4/Sounds/ folder
├─ Examples: "alert.wav", "alert2.wav", "expert.wav"
└─ Default: "alert.wav"

Send push notification
├─ Type: true/false
├─ Purpose: Send alert to MT4 mobile app
├─ true = Push to phone (requires mobile app setup)
├─ false = No mobile alerts
└─ Default: false
└─ SETUP: Tools → Options → Notifications (test first)

Send email alert
├─ Type: true/false
├─ Purpose: Send alert via email
├─ true = Email sent (requires email setup)
├─ false = No email
└─ Default: false
└─ SETUP: Tools → Options → Email (configure SMTP)

Email subject line
├─ Type: Text
├─ Purpose: Subject line for email alerts
├─ Example: "EUR/USD M5 Signal"
└─ Default: "5TF Signal Alert"

Print to experts log
├─ Type: true/false
├─ Purpose: Write alerts to MT4 Experts log
├─ true = Log alerts (useful for debugging)
├─ false = No logging
└─ Default: true

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4. ALERT EVENT FILTERS
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Long entry signal
├─ Type: true/false
├─ Purpose: Alert when LONG signal appears
├─ true = Get alerts for long entries
├─ false = Ignore long signals
└─ Default: true

Short entry signal
├─ Type: true/false
├─ Purpose: Alert when SHORT signal appears
├─ true = Get alerts for short entries
├─ false = Ignore short signals
└─ Default: true

Long exit signal
├─ Type: true/false
├─ Purpose: Alert when to exit LONG position
├─ true = Get exit alerts for long trades
├─ false = No exit alerts
└─ Default: false
└─ HOW TO USE: Set to true AFTER entering a long trade

Short exit signal
├─ Type: true/false
├─ Purpose: Alert when to exit SHORT position
├─ true = Get exit alerts for short trades
├─ false = No exit alerts
└─ Default: false
└─ HOW TO USE: Set to true AFTER entering a short trade

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5. ALERT MESSAGE FORMAT
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Include symbol name
├─ Type: true/false
├─ Purpose: Add pair name to alert (e.g., "EURUSD")
├─ true = Symbol included
├─ false = Symbol omitted
└─ Default: true
└─ TIP: Keep true if trading multiple pairs

Include chart timeframe
├─ Type: true/false
├─ Purpose: Add timeframe to alert (e.g., "M5")
├─ true = Timeframe included
├─ false = Timeframe omitted
└─ Default: true
└─ TIP: Keep true if running on multiple timeframes

Include current price
├─ Type: true/false
├─ Purpose: Add current price to alert
├─ true = Price included
├─ false = Price omitted
└─ Default: true

Include server time
├─ Type: true/false
├─ Purpose: Add broker server time to alert
├─ true = Time included
├─ false = Time omitted
└─ Default: true

Custom message prefix
├─ Type: Text
├─ Purpose: Add custom text to start of all alerts
├─ Examples: "SCALP", "EU", "MAIN"
├─ Blank = No prefix
└─ Default: "" (blank)

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6. ALERT SCHEDULE GATING
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Enable schedule gating
├─ Type: true/false
├─ Purpose: Only send alerts during specific hours
├─ true = Alerts only during scheduled windows (see below)
├─ false = Alerts 24/7
└─ Default: true

Also gate popup/sound
├─ Type: true/false
├─ Purpose: Apply schedule to popup/sound too
├─ false = Schedule applies to Push/Email only (popup/sound always work)
├─ true = Schedule blocks ALL alert types
└─ Default: false
└─ RECOMMENDED: Keep false (see critical signals, avoid spam)

Use PC local time
├─ Type: true/false
├─ Purpose: Which time to use for scheduling
├─ true = Use your computer's local time
├─ false = Use broker server time
└─ Default: true
└─ RECOMMENDED: true (easier to set your hours)

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7. MONDAY THROUGH FRIDAY SCHEDULES
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Each day has 3 configurable time windows.
Settings are identical for Monday, Tuesday, Wednesday, Thursday, Friday.

MONDAY SETTINGS:

Enable window 1
├─ Type: true/false
├─ Purpose: Turn on/off first time window for Monday
└─ Default: true

Window 1 start time
├─ Type: Text (24-hour format)
├─ Purpose: When window 1 begins
├─ Format: "HH:MM" (e.g., "08:00", "13:30")
└─ Default: "08:00"

Window 1 stop time
├─ Type: Text (24-hour format)
├─ Purpose: When window 1 ends
├─ Format: "HH:MM" (e.g., "17:00", "22:00")
└─ Default: "22:00"

Enable window 2
├─ Type: true/false
├─ Purpose: Turn on/off second time window for Monday
└─ Default: false

Window 2 start time
├─ Type: Text (24-hour format)
└─ Default: "00:00"

Window 2 stop time
├─ Type: Text (24-hour format)
└─ Default: "24:00"

Enable window 3
├─ Type: true/false
├─ Purpose: Turn on/off third time window for Monday
└─ Default: false

Window 3 start time
├─ Type: Text (24-hour format)
└─ Default: "00:00"

Window 3 stop time
├─ Type: Text (24-hour format)
└─ Default: "24:00"

[Same settings repeat for Tuesday, Wednesday, Thursday, Friday]

COMMON SCHEDULE EXAMPLES:

EXAMPLE 1: London Session Only (8am-4pm)
Enable window 1 = true
Window 1 start time = "08:00"
Window 1 stop time = "16:00"
Enable window 2 = false
Enable window 3 = false

EXAMPLE 2: New York Session Only (1pm-9pm)
Enable window 1 = true
Window 1 start time = "13:00"
Window 1 stop time = "21:00"
Enable window 2 = false
Enable window 3 = false

EXAMPLE 3: Morning + Evening (Skip Lunch)
Enable window 1 = true
Window 1 start time = "08:00"
Window 1 stop time = "12:00"

Enable window 2 = true
Window 2 start time = "14:00"
Window 2 stop time = "22:00"

Enable window 3 = false
EXAMPLE 4: 24/7 (Disable Scheduling)
Enable schedule gating = false

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8. WEEKEND BLOCKING
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Block Saturday alerts
├─ Type: true/false
├─ Purpose: Prevent alerts on Saturday
├─ true = No alerts on Saturday
├─ false = Alerts allowed on Saturday
└─ Default: true
└─ RECOMMENDED: true (low liquidity, wide spreads)

Block Sunday alerts
├─ Type: true/false
├─ Purpose: Prevent alerts on Sunday
├─ true = No alerts on Sunday
├─ false = Alerts allowed on Sunday
└─ Default: true
└─ RECOMMENDED: true (market opening gaps)

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9. QUICK START PRESETS
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PRESET #1: DEFAULT (Out of the Box)
Master alert switch = true
0=forming, 1=closed = 1
One alert per bar = true
Long entry signal = true
Short entry signal = true
Long exit signal = false
Short exit signal = false
Enable schedule gating = true
All weekdays: 08:00 - 22:00
Block Saturday alerts = true
Block Sunday alerts = true

PRESET #2: MOBILE TRADER (Away from PC)
Show popup alert = false
Play sound alert = false
Send push notification = true
Send email alert = true
Enable schedule gating = true
(Set your available trading hours)

PRESET #3: AGGRESSIVE SCALPER (Fast Signals)
0=forming, 1=closed = 0
Cooldown between alerts = 0
Enable schedule gating = false
Long exit signal = true
Short exit signal = true

PRESET #4: SWING TRADER (Less Noise)
Cooldown between alerts = 300
Long exit signal = false
Short exit signal = false
Enable schedule gating = true
(Set only major trading sessions)

PRESET #5: NIGHT TRADER (Asia/Pacific Session)
Enable window 1 = true
Window 1 start time = "20:00"
Window 1 stop time = "06:00"
(Note: Use window 1 + window 2 if crossing midnight)

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9. QUICK START PRESETS
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PRESET #1: DEFAULT (Out of the Box)
Master alert switch = true
0=forming, 1=closed = 1
One alert per bar = true
Long entry signal = true
Short entry signal = true
Long exit signal = false
Short exit signal = false
Enable schedule gating = true
All weekdays: 08:00 - 22:00
Block Saturday alerts = true
Block Sunday alerts = true

PRESET #2: MOBILE TRADER (Away from PC)
Show popup alert = false
Play sound alert = false
Send push notification = true
Send email alert = true
Enable schedule gating = true
(Set your available trading hours)

PRESET #3: AGGRESSIVE SCALPER (Fast Signals)
0=forming, 1=closed = 0
Cooldown between alerts = 0
Enable schedule gating = false
Long exit signal = true
Short exit signal = true

PRESET #4: SWING TRADER (Less Noise)
Cooldown between alerts = 300
Long exit signal = false
Short exit signal = false
Enable schedule gating = true
(Set only major trading sessions)

PRESET #5: NIGHT TRADER (Asia/Pacific Session)
Enable window 1 = true
Window 1 start time = "20:00"
Window 1 stop time = "06:00"
(Note: Use window 1 + window 2 if crossing midnight)


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10. TROUBLESHOOTING
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PROBLEM: "I'm not getting any alerts"
✓ Check "Master alert switch" = true
✓ Check " Long entry signal" or " Short entry signal" = true
✓ If "Enable schedule gating" = true, verify current time is within window
✓ If weekend, check "Block Saturday alerts" / "Block Sunday alerts"
✓ Verify indicator is loaded on chart (should see arrows)
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PROBLEM: "I'm getting too many alerts"
✓ Set "One alert per bar" = true
✓ Increase "Cooldown between alerts" (try 60 or 300)
✓ Set "Enable schedule gating" = true (limit to your trading hours)
✓ Set "0=forming, 1=closed" = 1 (only confirmed signals)
---
PROBLEM: "Push notifications not working"
✓ MT4 mobile app must be installed and logged in
✓ Go to MT4: Tools → Options → Notifications
✓ Enable notifications and get your MetaQuotes ID
✓ Click "Test" to verify push works
✓ Then set "Send push notification" = true in indicator
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PROBLEM: "Email alerts not working"
✓ Go to MT4: Tools → Options → Email tab
✓ Enable email and configure SMTP settings
✓ Get SMTP details from your email provider
✓ Click "Test" to verify email works
✓ Then set "Send email alert" = true in indicator
---
PROBLEM: "Alerts during sleep/work hours"
✓ Set "Enable schedule gating" = true
✓ Configure time windows for your available hours
✓ Or set "Also gate popup/sound" = true to block all alerts outside hours
---
PROBLEM: "Alert says wrong symbol/timeframe"
✓ Check "Include symbol name" = true
✓ Check "Include chart timeframe" = true
✓ Verify indicator is on correct chart
---
PROBLEM: "I want exit alerts but not getting them"
✓ Set " Long exit signal" = true (for long trades)
✓ Set " Short exit signal" = true (for short trades)
✓ Remember: You must enable these AFTER entering a trade

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11. RECOMMENDED INSTRUMENTS (Total 25)
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CRYPTO:
• BTC/USD — Bitcoin vs US Dollar
• ETH/USD — Ethereum vs US Dollar


MAJOR PAIRS (Primary — Tested & Recommended):
• EUR/USD — Community standard, highest volume, lowest spread
• USD/JPY — Volatile, news-driven, clean trends
• GBP/USD — High volatility, popular with intraday traders
• AUD/USD
• NZD/USD
• USD/CAD
• USD/CHF

GOLD & COMMODITIES:
• XAU/USD (Gold) — Safe-haven, trend-following, risk sentiment indicator
• XAG/USD (Silver)
• XTI/USD (WTI Crude Oil)
• XBR/USD (Brent Crude Oil)

INDICES (Futures / CFDs):
• NASDAQ (NAS100) — High beta, tech exposure, strong momentum
• S&P 500 (SP500) — Broader market, less volatile than NQ
• DOW (US30) — Blue-chip index, swing trading opportunities
• GER40 (DAX)

JPY CROSS PAIRS:
• EUR/JPY — Highest volume JPY cross
• GBP/JPY — Volatile, strong momentum moves
• AUD/JPY — Carry trade pair, cleaner swings
• NZD/JPY — Lower volatility JPY cross

EUR CROSS PAIRS (Advanced Users):
• EUR/GBP — Lower spread, range-bound behavior
• EUR/CHF — Tight spreads, slower moves
• EUR/AUD
OTHER CROSS PAIRS:
• GBP/CHF

AVOID ON M5:
✗ Exotic pairs — Spread cost kills edge on lower timeframes
✗ Low-liquidity pairs — Slippage risk during fast moves
✗ Instruments with spread > 2 pips — Unfavorable risk/reward on M5
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END OF DOCUMENTATION
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MORE IMAGES:



LESSON - ONCE YOU GET ENTRY ALERT, TAKE TRADE AND HOLD

Download v2 on Post 1: Minor bug fix + D1 Bias lock

Does it repaint?

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No repaint.

May recalculate since for every closed M15bar or M30bar we still have Shift 0 developing H4 and D1

The indicator React to price action, And Provide signal when All conditions are met.

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Hi there sir I have downloaded and draft scalpler system today and had great success on a trade on BTCUSD and going back on charts in the past day on XAUUSD And other Forex pair it looked like it gave excellent signals. Is there anything more i need to get really good entries. I have studied fractal charts for two years have been really struggling i have tried most strategies I have still struggled but with your tool for the first time I have felt comfortable. Have i downloaded the correct file just wanted to check i have scalper v2 anything more and daily open filter. Thank you for this beautiful tool

- Image show the SELL setup TRADING zone, Just wait for Entry alert within the ZONE.



- Attached: Book - Trading in the Zone by Mark Douglas

USDCHF - INSIDE BUY ZONE