M5 Market-Structure Zones with ATR-Based Entry and Risk Levels
Summary
IronHawk SMC Trade Zones is a five-minute chart indicator that marks proposed opportunities using confirmed swing points, liquidity sweeps, breaks or changes in market structure, displacement, fair value gaps, and order blocks. RSI, MACD, and ATR measurements contribute to signal paths and proposed entry, stop-loss, and target levels. It displays setup states and recent completed setups, with optional alerts and a CSV journal; it does not place or manage trades.
An optional retail-frequency mode can add scheduled fallback setups when organic setups are scarce during a broker day. These rely on closed-bar votes from moving averages, MACD, and RSI, with configurable ATR-based risk levels. The stated daily objective counts displayed opportunities, not triggered entries or profitable trades. The description provides no independent performance evidence, so displayed zones remain proposals for manual assessment and testing on demo before live use.
Key ideas
- The indicator combines market-structure events with momentum indicators to identify proposed M5 trade zones.
- It calculates candidate entries and risk levels using ATR-based measurements.
- It reports setup lifecycle states and can retain recent outcomes for chart review.
- Scheduled fallback signals use closed-bar votes from moving averages, MACD, and RSI.
- A target number of displayed opportunities does not guarantee triggered or profitable trades.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.