True Bias

True Bias

True Bias 

True Bias is a multi-timeframe market bias indicator for MetaTrader 5, designed to help traders quickly understand directional context across multiple timeframes in one structured dashboard.

It provides a clear view of market direction, confidence levels, and alignment across timeframes—supporting faster and more informed manual trading decisions.

This product does not execute trades. It is an analytical indicator intended for discretionary trading only.

Key Features

Multi-Timeframe Bias Analysis

Displays directional bias across multiple timeframes (M1, M5, M15, H1, H4, D1).

Includes confidence levels (0–100%) to represent relative strength of bias.

Color-coded states for quick interpretation: Buy, Sell, or Neutral.

Presents structured bias states such as strong, moderate, or weak directional conditions.

Smart Alerts

Provides notifications when bias conditions change.

Supports Terminal, Mobile Push, and Email alerts.

Configurable alerts by timeframe and condition.

State-based logic reduces repeated or unnecessary notifications.

Control Point Detection

Highlights key support and resistance zones based on internal logic.

Option to display or hide levels directly on the chart.

Provides contextual information such as direction and relative strength.

Professional Interface

Clean, draggable, and minimizable dashboard.

Designed to integrate without obstructing chart visibility.

Responsive layout adapts to different screen sizes.

How To Use

Attach the indicator to any chart to view the bias dashboard.

Use higher timeframes to understand broader market direction.

Use lower timeframes for additional context and timing.

Look for alignment across multiple timeframes to support analysis.

Use alerts to stay informed about changing conditions.

Configuration

Analysis Settings

FastMA_Period (default: 12) — Fast moving average period.

SlowMA_Period (default: 26) — Slow moving average period.

Sensitivity (default: 0.5) — Adjusts responsiveness of bias calculation.

Alert Settings

Enable timeframe-specific alerts based on preference.

Higher timeframes are typically used for broader context.

Lower timeframes may generate more frequent updates.

Notifications

EnablePushNotifications — Receive alerts on mobile devices.

Alert thresholds can be adjusted based on user preference.

Chart Plotting

Enable or disable control level visualization.

Optional labels provide additional context on chart.

Compatibility

Works on MetaTrader 5.

Compatible with all symbols including forex, indices, commodities, and cryptocurrencies.

Supports all chart timeframes.

Notes

This is an analytical indicator only.

It does not open or manage trades.

All trading decisions remain the responsibility of the user.

Indicator outputs should be used as part of a broader trading approach.

Risk Information

Trading involves risk. Use appropriate risk management at all times.

This tool does not guarantee outcomes or predict future market movements.