1. Introduction
Strategy Assistant is a multi-strategy trading indicator for MetaTrader 5 that brings popular chart patterns, candlestick patterns, and trend analysis tools together in one interactive dashboard.
Instead of adding multiple indicators to your chart and managing them separately, Strategy Assistant allows you to access different analysis tools from a single panel.
You can choose which strategies you want to use, display their signals directly on the chart, or receive alerts when a new signal appears.
The main idea is simple: Select the strategies that match your trading approach, activate them with a few clicks, and let Strategy Assistant help you monitor the market.
2. Understanding the Dashboard
After attaching Strategy Assistant to your chart, you will see an interactive dashboard on the left side of the chart.
The dashboard contains three main categories:
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P – Patterns: Identifies popular price patterns formed by market movements.
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C – Candlestick: Detects candlestick formations that may indicate changes in market direction or momentum.
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T – Trend: Provides tools for analyzing market structure, trend direction, and price movement.
Click a category button to open its corresponding page and view the available strategies.
P – Price Patterns
Price patterns are formations created by price movements over time. Traders often use them to analyze potential reversals, breakouts, and continuation movements.
The Price Patterns page includes:
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Double Top / Bottom
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Head & Shoulder
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Butterfly
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Triangle
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Supply Demand
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Cup & Handle
For example, the Double Top / Bottom pattern helps identify two similar price extremes, while the Triangle pattern highlights price movement within a narrowing structure.
These patterns can help you study the market structure and identify areas that may deserve further attention.
C – Candlestick Patterns
Candlestick patterns are formations created by one or more candles. They provide information about how buyers and sellers behaved during a particular period.
The Candlestick page includes popular patterns such as:
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Engulfing
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Inside Bar
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Doji
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Morning Star / Evening Star
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Hammer
For example, an Engulfing pattern occurs when the body of one candle completely covers the body of the previous candle. Traders may study this formation as a possible change in market momentum.
An Inside Bar forms when a candle's price range remains within the range of the preceding candle. It is often used to identify periods of consolidation before a possible breakout.
T – Trend Tools
Trend tools help you understand the current market structure and how price is moving.
The Trend page includes:
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Market Structure Breakout
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Auto Trend Line
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Swing Points
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Trend Strength
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Channel Detection
For example, Market Structure Breakout helps you identify potential breaks of important price structures, while Auto Trend Line automatically draws trend lines to make directional analysis easier.
Trend tools can also be used alongside price and candlestick patterns to provide additional context.
3. How to Activate a Strategy
Each strategy has its own control buttons, allowing you to manage it independently.
To activate a strategy:
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Open the category containing the strategy you want to use.
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Locate the strategy in the dashboard.
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Click its ON/OFF button to activate it.
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Check the chart to see the corresponding drawings or signals.
When a strategy is active, Strategy Assistant begins monitoring the chart for its patterns or signals.
You can activate several strategies at the same time. For example, you can enable Butterfly from the Patterns page, Engulfing from the Candlestick page, and Auto Trend Line from the Trend page.
This allows you to combine different types of market analysis according to your trading approach.
4. Understanding the ON/OFF and Bell Controls
Each strategy has two separate controls: the strategy activation button and the bell button.
Strategy ON/OFF Button
The ON/OFF button controls the strategy's visual display.
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ON: The strategy is active, and its drawings or signals are displayed on the chart.
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OFF: The strategy is disabled, and its visual signals are not displayed.
You can turn strategies on or off whenever you want, without removing Strategy Assistant from the chart.
Bell Button – Alerts Without Drawings
The bell button allows you to monitor a strategy without displaying its drawings on the chart.
When the bell is activated, Strategy Assistant can notify you when a new signal appears, while the strategy's drawings remain hidden.
This is useful when you want to keep your chart clean but still receive notifications about new patterns.
For example, you may want to monitor the Butterfly pattern on GBPUSD H4 without displaying its pattern drawings. Activate the bell for Butterfly to receive an alert when a new signal is detected.
You can use the bell control for individual strategies, so you do not need to receive alerts from every strategy.
Important: The bell is a monitoring and notification feature. An alert does not automatically open or close a trade.
5. Combining Multiple Strategies
One of the main advantages of Strategy Assistant is the ability to monitor several strategies on the same chart.
For example, consider a trader analyzing GBPUSD on the H4 timeframe.
The trader might activate:
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Butterfly from the Patterns page.
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Engulfing from the Candlestick page.
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Trend Strength from the Trend page.
The trader can then observe different types of market information together.
A price pattern may highlight a potential reversal structure, a candlestick pattern may provide additional price-action information, and a trend tool may help evaluate the broader market direction.
You can choose your own combination of strategies. There is no requirement to activate every available tool.
6. Keeping Your Chart Clean
If you prefer a simple chart, you do not need to display every strategy.
You can:
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Disable strategies that you do not currently need.
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Activate only the strategies relevant to your analysis.
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Use the bell control for strategies you want to monitor without drawings.
For example, you could display only Auto Trend Line and Swing Points while monitoring Engulfing and Butterfly through alerts.
This gives you more control over how much information appears on your chart.
7. Practical Tips for Getting Started
If you are new to Strategy Assistant, the following approach can help you become familiar with the indicator.
Step 1 – Start with one category
Open the Patterns page and activate one strategy, such as Double Top / Bottom.
Step 2 – Observe the chart
Allow the indicator to identify patterns and study how they appear in different market conditions.
Step 3 – Add another strategy
Try combining a price pattern with a candlestick pattern, such as Double Top / Bottom and Engulfing.
Step 4 – Use alerts
If you do not want to keep watching the chart, activate the bell for the strategies you want to monitor.
Step 5 – Customize your dashboard
Enable or disable strategies according to your trading style and the market you are analyzing.
8. Frequently Asked Questions
Can I activate more than one strategy at the same time?
Yes. You can activate multiple strategies from different categories and monitor them on the same chart.
Do I need to activate every strategy?
No. You can select only the strategies that are relevant to your analysis.
Can I receive alerts without displaying drawings?
Yes. Use the bell control for the strategy you want to monitor without displaying its drawings.
Does Strategy Assistant automatically execute trades?
Strategy Assistant is an indicator designed to help you analyze the market. Its pattern detection and alerts do not automatically execute trades.
Can I use Strategy Assistant on different currency pairs and timeframes?
Yes. You can attach the indicator to your preferred MetaTrader 5 chart and select the strategies you want to monitor.
9. Final Notes
Strategy Assistant brings multiple technical analysis tools into one convenient dashboard.
Whether you prefer price patterns, candlestick analysis, or trend tools, you can select the strategies you need and manage their drawings and alerts directly from your chart.
Use the indicator as part of your own trading analysis, and always consider market conditions, risk management, and additional confirmation before making trading decisions.
Strategy Assistant – Your strategies, organized in one dashboard.
