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  • #2,201
  • Edited 9:15am Mar 28, 2026 4:21am | Edited 9:15am
Dearest Master Tankk,
When you have some free time, please add MTF, and histo this indicator.
Thanks for your time and work.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 FVG_Oscillator.mq4   10 KB | 209 downloads
  • #2,202
  • Mar 28, 2026 3:31pm Mar 28, 2026 3:31pm
Quoting ThaoAnh
Dearest Master Tankk, This indicator is useful. When you have some free time, please add MTF, change the colors and width of lines this indicator. Thanks for your time and work. Thank you, one more time, {image} {image} {file}
Added MTF, parameters to the colors and widths of lines.
Attached File(s)
File Type: mq4 mikko_autosr_v2.00.mq4   6 KB | 172 downloads
  • #2,203
  • Mar 29, 2026 1:00am Mar 29, 2026 1:00am
Quoting Burton
{quote} Added MTF, parameters to the colors and widths of lines. {file}
AWESOME.
Looks a great work.
Thanks so much Master Burton.
Could you please add ID unique?
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  • #2,204
  • Mar 29, 2026 6:11am Mar 29, 2026 6:11am
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  • #2,205
  • Mar 29, 2026 1:24pm Mar 29, 2026 1:24pm
Quoting ThaoAnh
{quote} AWESOME. Looks a great work. Thanks so much Master Burton. Could you please add ID unique? {image} {image}
New features added, Unique ID & Line touch alerts.:

  1. To add multiple versions:

    1. Drag the indicator onto the chart. Set UniqueID to "1".
    2. Drag the indicator onto the chart again. Set UniqueID to "2" and change the TimeFrame and HorizontalColor.
    3. Each instance will now work independently without deleting the other's lines.


  2. Alerts:

    1. The indicator checks the current Bid price against the horizontal lines created by the indicator.
    2. If the price comes within 10 points of a line, it triggers the selected alert methods. (10 points = 1 pip)
    3. The AlertInterval (default 60 seconds) prevents the alert from firing on every single tick if the price is bouncing exactly on the line.


  3. Version 3: Alerts on Only Horizontal lines drawn by the indicator.
  4. Version 4: Alerts on Horizontal lines & Diagonal ZigZag trendlines drawn by the indicator.

One quick tip for your monitoring:
If you want to receive alerts when the price returns to hit an old diagonal trendline from the past, make sure you set DrawRays = true.

  1. If DrawRays is false: The diagonal line exists only between the two ZigZag points. If the price leaves that area and comes back later, it won't trigger an alert because the line technically "ended" in the past.
  2. If DrawRays is true: The diagonal line extends infinitely into the future, so the indicator will be able to calculate its price at the current time and trigger the alert.

Attached File(s)
File Type: mq4 mikko_autosr_v3.00.mq4   8 KB | 164 downloads
File Type: mq4 mikko_autosr_v4.00.mq4   8 KB | 189 downloads
  • #2,206
  • Mar 30, 2026 1:33am Mar 30, 2026 1:33am
Quoting Burton
{quote} New features added, Unique ID & Line touch alerts.: To add multiple versions: Drag the indicator onto the chart. Set UniqueID to "1". Drag the indicator onto the chart again. Set UniqueID to "2" and change the TimeFrame and HorizontalColor. Each instance will now work independently without deleting the other's lines. Alerts: The indicator checks the current Bid price against the horizontal lines created by the indicator. If the price comes within 10 points of a line, it triggers the selected alert methods. (10 points = 1 pip) The AlertInterval...
Great job,
Thanks so much Master Burton,
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  • #2,207
  • Mar 30, 2026 4:58pm Mar 30, 2026 4:58pm
Quoting Burton
{quote} Added MTF, parameters to the colors and widths of lines. {file}
Hello Mr Burton,
You seem to be an expert in making indicators with trendlines and patterns.
Can you make an indicator that will recognise the CB1 pattern and draw the same objects as in the attached PDF?
Thank you.
Attached File(s)
File Type: pdf how to recognize cb1.pdf   101 KB | 142 downloads
  • #2,208
  • Mar 30, 2026 5:11pm Mar 30, 2026 5:11pm
how to download
  • #2,209
  • Edited Mar 31, 2026 3:06pm Mar 30, 2026 11:53pm | Edited Mar 31, 2026 3:06pm
Quoting veter
{quote} Hello Mr Burton, You seem to be an expert in making indicators with trendlines and patterns. Can you make an indicator that will recognise the CB1 pattern and draw the same objects as in the attached PDF? Thank you. {file}
Hi Veter, 2 versions attached, Standard v1.00 and Advanced v2.00

Version 1.00
Detects CB1 patterns:
- Bullish CB1: Between 2 Lows (New Lo below prev Lo)
Draws a horizontal line at the swing HIGH between the 2 lows
Signal: price BREAKS above that line = BUY
- Bearish CB1: Between 2 Highs (New Hi above prev Hi)
Draws a horizontal line at the swing LOW between the 2 highs
Signal: price BREAKS below that line = SELL

Version 2.00

Here's a full summary of everything added in v2:
1 — Minimum Distance Filter Controlled by UseDistanceFilter, MinSwingBars (default 10) and MinSwingPoints (default 50). A CB1 is only drawn if the two swing points are at least that many bars apart AND that many points apart in price. This kills the noise clusters you saw on the screenshot 1.
2 — Break Arrows When ShowBreakArrow = true, a green up-arrow (▲) is drawn on the exact bar where price first closes above a bullish CB1, and a red down-arrow (▼) for bearish breaks. Makes entry bars instantly visible without hunting for them.
3 — Fibonacci Zone Filter When UseFibFilter = true, the indicator measures the major swing range over FibLookback bars and calculates the 23.6 / 38.2 / 50 / 61.8 / 78.6 levels. Only CB1s forming within FibTolerance (default 0.5%) of one of those levels are drawn. Off by default so it doesn't surprise you — turn it on when you want higher-conviction setups only.
4 — Line Expiry / Colour Fade Once price closes through a CB1 level the line automatically changes to grey dashed (BrokenColor) and shortens to end at the break bar. Live levels stay solid and coloured — so at a glance you can instantly see what's still active vs already triggered.
5 — All alerts now also support email and push notifications in addition to pop-ups.

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Update: Version 3.00 added with a Fibo On/Off Button on the chart.
Attached File(s)
File Type: ex4 CB1 Pattern Indicator_v1.00.ex4   20 KB | 154 downloads
File Type: ex4 CB1 Pattern Indicator_v2.00.ex4   30 KB | 198 downloads
File Type: ex4 CB1 Pattern Indicator_v3.00.ex4   30 KB | 232 downloads
  • #2,210
  • Mar 30, 2026 11:58pm Mar 30, 2026 11:58pm
Quoting HajiMoosa
how to download
Hi HajiMoosa, just click on what you want to download, in the above post is a PDF, click on its name "how to recognize cb1.pdf" and a popup window will open in your browser.

  • #2,211
  • Mar 31, 2026 2:12am Mar 31, 2026 2:12am
Quoting Burton
{quote} Hi Veter, 2 versions attached, Standard v1.00 and Advanced v2.00 Version 1.00 Detects CB1 patterns: - Bullish CB1: Between 2 Lows (New Lo below prev Lo) Draws a horizontal line at the swing HIGH between the 2 lows Signal: price BREAKS above that line = BUY - Bearish CB1: Between 2 Highs (New Hi above prev Hi) Draws a horizontal line at the swing LOW between the 2 highs Signal: price BREAKS below that line = SELL Version 2.00 Here's a full summary of everything added in v2: 1 — Minimum Distance Filter Controlled by UseDistanceFilter, MinSwingBars...
WOW!!!! thanks a lot!
I'm sorry, but asking for the source code would be a bit much, wouldn't it?
  • #2,212
  • Edited 4:03am Mar 31, 2026 3:29am | Edited 4:03am
Quoting Burton
{quote} Hi Veter, 2 versions attached, Standard v1.00 and Advanced v2.00 Version 1.00 Detects CB1 patterns: - Bullish CB1: Between 2 Lows (New Lo below prev Lo) Draws a horizontal line at the swing HIGH between the 2 lows Signal: price BREAKS above that line = BUY - Bearish CB1: Between 2 Highs (New Hi above prev Hi) Draws a horizontal line at the swing LOW between the 2 highs Signal: price BREAKS below that line = SELL Version 2.00 Here's a full summary of everything added in v2: 1 — Minimum Distance Filter Controlled by UseDistanceFilter, MinSwingBars...
Thanks so much, Master Burton
Could you please add MTF
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  • #2,213
  • Mar 31, 2026 7:15am Mar 31, 2026 7:15am
with donchian.
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  • #2,214
  • Mar 31, 2026 7:47am Mar 31, 2026 7:47am
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  • #2,215
  • Mar 31, 2026 8:06am Mar 31, 2026 8:06am
Quoting veter
{quote} Hello Mr Burton, You seem to be an expert in making indicators with trendlines and patterns. Can you make an indicator that will recognise the CB1 pattern and draw the same objects as in the attached PDF? Thank you. {file}
As sreenshot in your PDF file. Price is Close.
  • #2,216
  • Edited 12:58pm Mar 31, 2026 8:42am | Edited 12:58pm
Quoting ThaoAnh
{quote} As sreenshot in your PDF file. Price is Close.
The pattern CB1 is just small part of the Fibo Musang strategy. So PDF file showing how to recognize it. This square that showing on the candle in the picture on PDF file is another part of the Fibo Musang strategy, that not mеntioned in the PDF file, so don't bother.
  • #2,217
  • Mar 31, 2026 3:05pm Mar 31, 2026 3:05pm
Update to Post number 2209: CB1 Version 3.00 added with a Fibo On/Off Button on the chart.
  • #2,218
  • Mar 31, 2026 6:08pm Mar 31, 2026 6:08pm
Quoting Burton
Update to Post number 2209: CB1 Version 3.00 added with a Fibo On/Off Button on the chart.
Thank you, Master Burton, but in this case, the Fibonacci will be different to the original. The FMCBR-BT_recentFibo indicator is used for the Fibonacci Musang strategy to show levels. I also didn't mention in the first post that CB1 is created from the body of candles and not from the wick/shadow. Sorry, my fault. This is why I asked the source code, to not bother you and make some changes myself.
Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 FMCBR-BT_recentFibo.mq4   22 KB | 186 downloads
  • #2,219
  • Apr 1, 2026 6:08am Apr 1, 2026 6:08am
Quoting Burton
Update to Post number 2209: CB1 Version 3.00 added with a Fibo On/Off Button on the chart.
Dearest Master Burton,
Could you please add MTF, ID unique to CB1 Version 3.00 indicator,
Thanks so much,
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  • #2,220
  • Apr 1, 2026 5:14pm Apr 1, 2026 5:14pm
Quoting ThaoAnh
{quote} Dearest Master Burton, Could you please add MTF, ID unique to CB1 Version 3.00 indicator, Thanks so much, {image}
Hi ThaoAnh

New MTF version_4.00 on this post.

Quick Tip for MTF usage:
Since this version uses unique names for its objects based on the chosen timeframe, you can actually attach this indicator multiple times to the same chart. For example:

  1. Attach it once and set CalcTimeFrame to H4.
  2. Attach it again and set CalcTimeFrame to D1.

This will allow you to see the CB1 levels and Fibo ranges for both timeframes simultaneously on a lower timeframe chart (like M15).

Attached File(s)
File Type: ex4 CB1 Pattern Indicator_MTF_v4.00.ex4   31 KB | 208 downloads
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