Gold Candle Direction Signal

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

  1. The indicator waits for the candle that starts exactly at xx:00.
  2. After the candle closes, it compares the opening and closing prices.
  3. Close > Open → LONG
  4. Close < Open → SHORT
  5. 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).


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Daily Time Lines Indicator for MT5 Daily Time Lines is a simple and powerful chart tool for MetaTrader 5 that automatically draws vertical and horizontal lines at a specific time each day. Perfect for marking session opens, key levels, or important trading moments directly on your chart. Main Features Automatic daily vertical line at a selected time Optional horizontal line starting from the same point Horizontal line can end: At the end of the day Or extend for a customizable number of future d
FREE
Live Account Panel Trader EA MT5 Professional account monitoring and trade management directly on your MetaTrader 5 chart. This Expert Advisor combines a clean live account panel with integrated trading buttons, push notifications and automatic performance summaries. No need to constantly open the Terminal window — everything is visible directly on the chart. Main Features Live Balance Live Equity Floating Profit / Loss Used Margin Free Margin Margin Level Open Positions Cou
FREE
Ever sit on the toilet and suddenly think: “Wait... this trading strategy might actually work.” Well, that’s basically how this EA started. I had a simple idea, tested it, turned it into an Expert Advisor... and somehow it actually produced a pretty decent backtest. Is it the holy grail of trading? Absolutely not. If I had the holy grail, I probably wouldn’t be selling it on MQL5. The idea behind the EA is simple: If the Asian session shows a clear direction , there is a chance that the New Y
FREE
See what your broker really delivers. Slippage Meter monitors the difference between the observed market price and the actual execution price of your trades. Entry & Exit slippage monitoring Average, best and worst slippage Live spread display Filter by lot size and Magic Number Optional CSV logging for detailed analysis Works alongside your Expert Advisor on the same chart Automatically adapts to the current trading symbol A simple tool for comparing real execution quality, spreads and slippage
FREE
Info Panel MT5
Lorenz Haemmerli
Live Account Panel MT5 Live Account Panel MT5 is a clean chart-based information panel for MetaTrader 5. It shows the most important account values directly on the chart, so you do not need to check the Terminal window all the time. Main features: Live Balance Live Equity Floating Profit/Loss Used Margin Free Margin Margin Level Number of open positions Number of pending orders Current chart symbol Optional symbol-only filter Fully customizable display Adjustable panel position Adjustable font,
FREE
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
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
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
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.
Ever sit on the toilet and suddenly think: “Wait... I’ve got another trading idea.” Well... apparently two toilet ideas still weren’t enough. :-) After building Simple Gold EA – Part A and Part B, I continued doing what I probably spend far too much time doing: Testing ideas. Changing rules. Deleting bad ideas. Testing again. And staring at the MT5 Strategy Tester for way too long. Eventually, another completely different idea survived the process. And that became: Simple Gold EA – Part C. Is Pa
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
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