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A Chart Utility for Market Regime Checks and Trade Sizing

Article MQL5 code base

Summary

The document describes a chart-based planning aid for traders using MetaTrader 5. It is intended to help assess current market conditions and estimate the size of a hypothetical trade before the trader places an order manually or starts a separate trading system.

No specific rules for classifying market regimes, calculating position size, or managing risk are provided. The text gives no examples, performance evidence, or details about how its assessments are produced. It therefore establishes the tool’s purpose but does not explain how to evaluate its outputs or whether they improve trading decisions. Treat it as a preliminary planning aid rather than a complete strategy or evidence of trading performance.

Key ideas

  • The utility is designed to support market-condition reviews on a chart.
  • It lets traders consider a hypothetical trade size before acting.
  • It is described as an aid for manual trading or use alongside another system.
  • The document gives no regime rules, sizing method, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.