MGH Products · MetaTrader 5
Round Level Indicator
The institutional “Big Figure” grid — automatically mapped on your MT5 chart with a string-parsing engine that eliminates the float-rounding errors that cause every other round-level tool to miss levels entirely.
Financial markets are not driven by random price action — they are driven by institutional liquidity. Central banks, hedge funds, and major commercial traders don’t place orders at arbitrary prices. They consolidate enormous positions at whole-number “Big Figures”: 1.1000, 2000.00, 150.00. These are the real support and resistance levels — mathematically defined, universally respected, and now automatically mapped on your MT5 chart.
MGH-RoundLevel for MT5 is natively compiled for MetaTrader 5 — not a conversion of the MT4 version. It delivers the same ZeroSize hierarchy system and string-parsing precision, fully optimized for MT5’s multi-asset trading environment.
Why Every Other Round-Number Tool Fails
Most round-level indicators use what appears to be a logical check: price % step == 0. It fails constantly — and silently. Due to the IEEE-754 floating-point standard, a price of 1.2000 can be stored internally as 1.19999999… The modulo check returns false. The level is missed, with no warning.
- Float-based modulo checks miss levels due to IEEE-754 decimal representation errors — silently, on the exact prices institutional traders are watching
- Fixed-step tools break on JPY pairs, Gold, Crypto, and Indices — requiring manual reconfiguration per symbol
- No level hierarchy — all round numbers appear visually identical regardless of institutional significance
- No differentiation between a ZS 2 congestion zone at 1.1250 and a ZS 5 central bank level at 1.0000
MGH-RoundLevel solves this with a proprietary string-parsing engine. It reads the price exactly as MetaTrader 5 displays it on your terminal, then counts the trailing zeros. What you see on screen is what gets detected. Zero false negatives, zero missed levels.
The ZeroSize System — Quantified Level Strength
Not all round numbers are equal. MGH-RoundLevel introduces ZeroSize — a numeric metric that measures institutional significance based on the count of trailing zeros, automatically classifying every level into one of four tiers.
1.00000Central banks, sovereign wealth funds — the most watched levels in global finance
1.10000Major institutional desks — primary accumulation and distribution zones
1.12000Bank-level intraday liquidity — key levels for large intraday flows
1.12500Day-trading congestion zones — minor psychological levels for scalpers
Major levels (ZS 4–5) render as thick solid lines. Minor levels appear as subtle dashes. The hierarchy is visible instantly — you never have to manually decide how important a level is.
Every MT5 Market — Full Coverage
MGH-RoundLevel for MT5 automatically adapts to the symbol’s digit count and tick size. No manual configuration required when switching between asset classes.
Forex (5-digit)ZS 4 = 1.10000, ZS 5 = 1.00000. Complete institutional grid from scalping levels to macro zones.
Gold (XAUUSD)2000.00, 2500.00, 3000.00 — all auto-classified at ZS 5 precision without any setup.
Bitcoin / Crypto50,000 · 100,000 · 150,000 — all correctly identified as ZS 4–5 institutional levels.
JPY Pairs150.00 on USDJPY auto-classified equivalent to ZS 4 — correct institutional weight automatically.
Indices & CFDsDAX, S&P 500, NASDAQ, and all CFDs available in MT5 — round levels detected correctly on all instruments.
A Complete Trading Framework — Not Just Lines on a Chart
MGH-RoundLevel is not a paint-by-numbers tool. It is a decision-making framework. The full methodology — combining round levels with momentum oscillators, reading wick rejections at ZeroSize zones, and managing risk around institutional liquidity — is published on MQL5.com. Read the full article →
The Momentum Fade Setup — Built Around This Indicator
- Price approaches a ZeroSize 3 or higher level — the institutional grid is the anchor, not a manually drawn line
- A bound oscillator (RSI or Stochastic) shows overbought or oversold conditions simultaneously — momentum confirms the institutional thesis
- A pin bar or wick rejection forms directly on the level — price action confirms that the level is being institutionally defended
- Enter after candle close, with stop-loss 10–15 pips beyond the round number — placed deliberately beyond institutional stop-hunt territory
Core Features
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String-Parsing Engine
Reads prices as MT5 displays them — not as raw floats — then counts trailing zeros. Zero false negatives, zero missed levels on any symbol or digit configuration.
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ZeroSize Hierarchy
Levels ranked ZS 2–5 by institutional significance. Thick solid lines for major levels; subtle dashes for minor ones. Hierarchy visible at a glance without any interpretation.
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Full Visual Control
Color, line style (solid/dash/dot), and width independently configurable per ZeroSize tier. Smart labels display ZeroSize strength and price directly on each level.
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VPS-Friendly Performance
Only processes the visible chart range — near-zero CPU overhead. Runs silently alongside any number of other indicators without performance impact.
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Universal MT5 Compatibility
Auto-adapts to any MT5 symbol — Forex, metals, crypto, indices, commodities, CFDs. No manual digit or tick size configuration required.
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Ray & Trend Line Modes
Choose whether levels project as infinite rays or bounded trend line segments — optimized for different chart layouts and zoom preferences.
Who Is This For?
Institutional TradersTrade the same levels the big players are watching — automatically mapped, correctly ranked by significance.
S&R TradersReplace hand-drawn support and resistance with mathematically defined institutional grid levels.
ScalpersZS 2–3 levels identify high-frequency congestion zones where price repeatedly stalls and reverses.
Swing TradersZS 4–5 levels define the macro structural framework — where major trend changes originate.
Attach and Go — Zero Configuration Required
- Attach the indicator to any MT5 chart — any symbol, any timeframe.
- The institutional grid appears instantly — ZS 2 through ZS 5 levels drawn automatically with correct hierarchy, colors, and styles.
- Optionally customize visual settings per ZeroSize tier: color, line style (solid/dash/dot), and line width.
- Optionally enable Smart Labels to display ZeroSize strength and price value directly on each level.
- Choose Ray or Trend Line mode for how levels extend across your chart.
- Trade with context. Every level on your chart is the same level institutional desks are watching.
🔗 Looking for the MT4 version? → Round Level Indicator (MT4)
Stop Guessing. Trade Institutional Levels.
Download the free demo, attach it to any MT5 chart, and watch the institutional grid appear in real time — before spending a single dollar.
Free demo on MQL5 Market · Native MT5 build · Works on any symbol and timeframe · No configuration required
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