Aklamavo Quarterly Theory - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

The indicator uses the "quarter theory" - a technical analysis concept that divides price movements into four quarters around a central base level. It is designed to handle multiple asset types (FX, stocks, commodities, etc.) and provides visualization of quarterly levels on charts.

Basic level : Center reference price

Q1 : Price range from base to base+quarter range

Q2 : Price range from Basic+Quarter range to Basic+2*Quarter range

Q3 : Price range from base-quarter range to base

Q4 : Price range from base - 2* quarter range to base - quarter range

Current daily closing price : latest closing price

Previous day's closing price : Yesterday's closing price

Last week's closing price : last week's closing price

Last month's closing price : Last month's closing price

Open weekly/monthly : Weekly/monthly starting price

Custom Level : User defined price level

Basis Points : Forex Specific Measurements

Points : minimum price increment

Percentage : Percentage of base level

Absolute : fixed price value

Automatic detection of Forex and other instruments

Adjust point calculations for different symbol formats

Gracefully handle unavailable time ranges

Quarterly boundaries act as dynamic support/resistance

The midline serves as a potential reversal point

Prices in 1/2 quarter suggest bullish bias

Prices in Q3/4 suggest bearish bias

Quarterly shifts indicate changing trends

Trade rebounds between quarterly borders

Looking for reaction at quarter midpoint

Attachment download

📎 Syssy_Quarters_Theory.mq5 (22.1 KB)

Source: MQL5 #66977