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Gold Candle Direction Signal

FREE

Published: 29 July 2026

Current version: 2.10

Gold Candle Direction Signal

Indicators
Lorenz Haemmerli
Lorenz Haemmerli
Switzerland

2380
MQL5 / MetaTrader 5 Developer
I develop practical Expert Advisors, indicators and trading utilities for MetaTrader 5.
I currently have 15 published MT5 products on the MQL5 Market, including Expert Advisors, indicators, trading panels and risk-management tools.
I can help with:

1 topic 5 comments
Version: 2.10

Hourly xx:00 Candle Direction Signal for MT5

Know the direction of every hourly opening candle.

The Hourly xx:00 Candle Direction Signal automatically analyzes the candle that starts exactly at xx:00 on your selected timeframe (M1–H1) and instantly tells you whether it closed LONG, SHORT, or DOJI.

Designed for traders who want a simple and reliable hourly bias, the indicator displays clear chart signals and can send real-time notifications to your desktop or mobile device.

Features

✅ Detects the candle that starts exactly at xx:00
✅ LONG, SHORT and optional DOJI signals
✅ Works on all CFD symbols and Forex pairs
✅ Supports timeframes from M1 to H1
✅ Custom trading time window
✅ Weekday filter
✅ Adjustable minimum candle body size
✅ Historical signal display
✅ Signal arrows and text directly on the chart
✅ Last Signal information panel
✅ Push notifications for MetaTrader Mobile
✅ Desktop alerts
✅ Journal logging
✅ Lightweight and optimized for fast performance

How It Works

The indicator waits for the candle that starts exactly at xx:00.
After the candle closes, it compares the opening and closing prices.
Close > Open → LONG
Close < Open → SHORT
Close = Open → DOJI (optional)

The signal is then displayed on the chart and, if enabled, sent as a notification.

Perfect For

Gold (XAUUSD)
Intraday traders
Scalpers
Session traders

Fully Customizable

Configure:

Trading hours
Active weekdays
Alert types
History length
Signal display
Minimum candle body size
Colors and chart objects

Benefits

Simple and easy to understand
No repainting
Clean chart visualization
Instant hourly market direction
Helps identify intraday momentum
Suitable for both manual and discretionary trading

Compatible with MetaTrader 5 (MT5).

more...

Screenshot #1 Gold Candle Direction Signal

Screenshot #2 Gold Candle Direction Signal

Screenshot #3 Gold Candle Direction Signal

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Time Indicator for MT5 Simple and powerful time-based signal indicator for MetaTrader 5. Time Indicator draws clean circle signals directly on the chart at your selected times: 00 / 15 / 30 / 45 minutes. Perfect for traders who use: ️ session timing ️ volatility timing ️ scalping entries ️ market opens ️ news preparation ️ manual or automated trading Main Features Fixed Time Signals Signal every: 00 minutes 15 minutes 30 minutes 45 minutes Enable or disable eac

FREE

PROP FIRM SHIELD MT5 Protect your funded account automatically with smart real-time risk protection for MetaTrader 5. Prop Firm Shield MT5 is a lightweight protection EA designed for traders using: - FTMO - Topstep - Apex - FundedNext - The5ers - E8 - and other prop firms. The EA continuously monitors your account and automatically activates protection when risk limits are reached. Main Features Daily Drawdown Protection - Set maximum daily loss in money or perc

30 USD

Hammer Candle Scanner for MT5 Every trader waits for the perfect hammer candle setup. Hammer Candle Scanner automatically scans the market for you and highlights the strongest hammer candle setups directly on the chart in real time. No more manual chart scanning for hours. Perfect for traders looking for clean price action setups, session-based reversals and fast live mobile alerts. Main Features Automatic hammer candle detection Multi-session market scanning: • Asia

30 USD

MULTI FVG 1.00 for MT5 MULTI FVG 1.00 is a professional Fair Value Gap indicator for MetaTrader 5. The indicator automatically detects bullish and bearish FVG zones across multiple timeframes and displays clean institutional imbalance zones directly on the chart in real time. Built especially for Gold traders, scalpers and fast intraday trading. Main Features Automatic Fair Value Gap (FVG) detection Bullish LONG zones Bearish SHORT zones Multi-timeframe suppor

30 USD

Gold Signal & Prop Firm Panel for MT5 Powerful Gold trading signals combined with a professional Prop Firm Panel directly inside MetaTrader 5. The indicator automatically analyzes the market, identifies potential trading opportunities, and provides clear BUY and SELL signals directly on the chart. At the same time, the integrated dashboard helps traders monitor account performance, drawdown, profit targets, and overall trading progress in real time. No complicated analysis. No chart clutter.

30 USD

Simple Gold EA – Part C has been completely redesigned. The current version is based on a newly developed trading strategy for Gold / XAUUSD and has been adapted to current market conditions. This is not simply an update with a few changed parameters. The trading concept, entry selection and money-management approach have been revised and extensively tested. The objective remains straightforward: Use clearly defined rules, execute them consistently and remove emotional decision-making from the t

99 USD

The I ndicator is designed for XAUUSD (Gold) traders who want important market levels and clear directional signals directly on the chart. Instead of filling the chart with unnecessary indicators, it focuses on key price areas from higher timeframes and displays them directly on your trading chart. Main Features H1 and H4 Support & Resistance Levels Automatically selects the most important levels Displays higher-timeframe levels directly on the lower-timeframe chart Separate support and resistan

30 USD

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Gold Candle Direction Signal

Lorenz Haemmerli

Hourly xx:00 Candle Direction Signal for MT5

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