TheStrat Patterns MT5

This indicator will draw patterns based on Rob Smith's The Strat as they emerge in real time on your chart.

As price evolves, TheStrat offers 18 distinct price action patterns that can help you get good entries in the market. Each pattern involves two or three candles, and this indicator will draw a bounding box around the candles and name the pattern.

The indicator also shows when a potential setup is forming, known by stratters as an Actionable signal.


Candles

Each candle is defined by its relationship to the previous candle.

Type 1 - Inside candle- The candle is entirely within the high and low of the previous candle. An inside candle shows the market is at a point of indecision.

Type 2 - Trending candle- The candle extends above or below either the High or low, but not both, of the previous candle.

Type 3 - Outside candle- The candle has broken both the high and low of the previous candle. An outside candle shows price is broadening, producing higher highs and lower lows on a lower timeframe.


Patterns

This indicator supports and displays the following patterns, see the comments section for a visual description:

ACTIONABLE

  • 1-2-1 - Potential reversal into a 1-2-2
  • 2-1-1 - Potential reversal or continuation into a 2-1-2
  • 3-1-1 - Potential reversal into a 3-1-2
  • 3-2-1 - Potential reversal into a 3-2-2

IN-FORCE

  • 2-1-2u Continuation
  • 2-1-2d Continuation
  • 2-1-2u Reversal
  • 2-1-2d Reversal
  • 3-1-2u Reversal
  • 3-1-2d Reversal
  • 3-2-2u Reversal
  • 3-2-2d Reversal
  • 1-2-2d Reversal
  • 1-2-2d Reversal
  • 1-3u Reversal
  • 1-3d Reversal
  • 2-2u Reversal
  • 2-2d Reversal
  • 2-2u Continuation
  • 2-2d Continuation
  • 1-2u Breakout
  • 1-2d Breakout

SETTINGS

Settings are available to allow you to customise the display to suit your own preferences.

We have published a document that describes the configuration settings here: https://www.mql5.com/en/blogs/post/746389


Please take the time to download the free Demo and try it out!




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First time on MetaTrader, introducing IQ Star Lines - an original Vedic Astrology based indicator. "Millionaires don't use astrology, billionaires do" . - J.P. Morgan, Legendary American financier and banker. We don't offer free or bonus indicators in exchange of reviews from you. You won't need any free products with this indicator to make it work. ;) Enjoy! Welcome to  the new and updated  IQ Star Lines , the ultimate fusion of ancient planetary harmonic cycles and modern quantitative trading.
SSS Scalping Smart Signals MT5 Indicator
Muhammad Usman Siddique
5 (3)
Indicators
The UZFX {SSS} Scalping Smart Signals v5.0 MT5  is a Non Repaint high-performance trading indicator designed for Scalpers, Day Traders, and Swing Traders who demand accurate, real-time signals in fast-moving markets. Developed by (UZFX-LABS), this indicator combines price action analysis, trend confirmation, and smart filtering to generate high-probability buy and sell signals, Warning Signals, and Trend Continuation Opportunities across all currency pairs and timeframes.  Stop second-guessing
Gartley Hunter Multi
Siarhei Vashchylka
5 (12)
Indicators
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
SkyHammer Signal Pro
Shengzu Zhong
5 (4)
Indicators
SkyHammer Signal Pro Professional No-Repaint Trend Signal Indicator with Locked Entry, SL and TP Levels SkyHammer Signal Pro is a structured trend and momentum signal indicator designed for traders who want clear, fixed, and verifiable trading signals. It works best on lower timeframes such as M1 and M5 . The indicator does not try to predict tops or bottoms. Instead, it waits for confirmed market structure, trend direction, momentum strength, volatility quality, and target space before generati
FX Trend MT5 NG
Daniel Stein
5 (6)
Indicators
FX Trend NG: The Next Generation Multi-Market Trend Intelligence Overview FX Trend NG is a professional multi-timeframe trend and market monitoring tool designed to give you a complete structural overview of the market in seconds. Instead of switching between dozens of charts, you instantly see which symbols are trending, where momentum is fading, and where strong alignment exists across timeframes. This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI tradi
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Multi Chart Crosshairs
Robert Gerald Wood
5 (1)
Indicators
This indicator is designed to make reviews of many charts on different timescales quicker, and easier to do. Track Time and Price across multiple charts Change Symbol on one chart and all other charts of the same symbol will be changed too. Easy to use, quick to master The indicator allows you to identify the price and time where the mouse pointer is on the current chart, across all other charts open on the same Symbol. This allows you to quickly see information on multiple charts whereas normal
TheStrat Candles MT5
Robert Gerald Wood
Indicators
This indicator will draw a label above or below each candle based on   Rob Smith's   The Strat   as they develop over time on your chart. As price evolves, a candle can switch between three states. When the candle first opens, if it sits completely within the previous candles high and low, then it will start as a Type 1. As time moves on, if it breaks either the high or low of the previous candle, it will be come a type 2, and should the price action be volatile and directionless, it may then
Multi Chart Crosshairs MT5
Robert Gerald Wood
5 (4)
Indicators
This indicator is designed to make reviews of many charts on different timescales quicker, and easier to do. Track Time and Price across multiple charts Change Symbol on one chart and all other charts of the same symbol will be changed too. Easy to use, quick to master The indicator allows you to identify the price and time where the mouse pointer is on the current chart, across all other charts open on the same Symbol. This allows you to quickly see information on multiple charts whereas norma
Active Pivot Levels
Robert Gerald Wood
5 (1)
Indicators
Pivot levels are a well established technical level that's recognised in every market. This indicator will draw the current Quarterly, Monthly, Weekly, Daily and four-hourly pivots on the chart, for any symbol. You can also show the Suppport and Resistance levels for each period and choose which to display from levels 1 to 4.   Choose the type of Pivot from: Standard Camarilla DeMark Woodie Fibonacci Please note, DeMark pivots have a single Support and Resistance level as per the original speci
Chart Drawing Cloner
Robert Gerald Wood
5 (2)
Utilities
This Script allows you to copy drawing objects of any type, like trend lines, Fibonachi Retracements etc, to one or more other charts. By default, the script will copy all the objects on the current chart, that is the chart the script was applied to, to any other chart of the same Symbol currently loaded. Settings DestinationTimeframe When set to anything other than PERIOD_CURRENT, then it will copy the objects to any open chart of the same Symbol as the chart the script was applied to. If yo
FREE
Higher Timeframe Price Line
Robert Gerald Wood
Indicators
I created this simple indicator while I was learning about Rob Smith's TheStrat and find it so helpful, I thought I would share it with you. If you find it useful, please look at the other indicators I have published on MQL5. The indicator simply draws a single line on the chart showing the price level you select from a higher timeframe. Using the settings you have full control over the timeframe it displays but b y default, it calculates the higher timeframe itself, just moving up the scale by
FREE
Quick Delete Chart Drawing Objects
Robert Gerald Wood
5 (1)
Utilities
A simple script that can delete all the drawing objects on a chart, or just the objects of a specific type. Settings: DeleteObjectsOfType By default the value will be blank which means ALL drawing objects on the chart will be deleted. If you only wish to delete specific types of drawing object, change this setting to the type of object to delete. For example, Fibonacci Retracement, Text, Label or Trend Line. Please see the demonstration video for more information.
FREE
Show Hide Trade Levels
Robert Gerald Wood
Utilities
This script allows you to toggle the "Show Trade Levels" option, but for the current chart only. Normally, you can only change the setting using the Options -> Chart menu for ALL charts, but this script allows you to do it for a SINGLE chart. I'm using it when I take screenshots, because most of the time I'm not trying to show the trades, just some functionality of one of my other tools. Iif you need that functionality, then this script is very helpful! If the script helps you, please let me k
FREE
TheStrat Patterns
Robert Gerald Wood
Indicators
This indicator will draw patterns based on Rob Smith's The Strat as they emerge in real time on your chart. As price evolves, TheStrat offers 18 distinct price action patterns that can help you get good entries in the market. Each pattern involves two or three candles, and this indicator will draw a bounding box around the candles and name the pattern. The indicator also shows when a potential setup is forming, known by stratters as an Actionable signal. Candles Each candle is defined by its
TheStrat Levels
Robert Gerald Wood
Indicators
This indicator draws the prior Highs and Lows for multiple timeframes, and can display potential Take Profit and Stop Loss levels. In Rob Smith's # The Strat   terms,   these are potential entry points, or alternatively potential targets for open positions. I like to use them in both ways. On a lower timeframe, say 5 minutes to get a good entry on a daily or weekly level, and then as a potential target. Very small stops required giving an excellent risk/reward ratio. Please watch the DEMO video
TheStrat Candles
Robert Gerald Wood
5 (1)
Indicators
This indicator will draw a label above or below each candle based on   Rob Smith's   The Strat   as they develop over time on your chart. As price evolves, a candle can switch between three states. When the candle first opens, if it sits completely within the previous candles high and low, then it will start as a Type 1. As time moves on, if it breaks either the high or low of the previous candle, it will be come a type 2, and should the price action be volatile and directionless, it may then
TheStrat FTFC
Robert Gerald Wood
Indicators
FTFC refers to Full Timeframe Continuity as defined by Rob Smith's The Strat . This indicator draws two lines on the chart, one of the highest of the Quarterly, Monthly, Weekly, Daily or Hourly opening levels, and the second of the lowest of those values. This gives you a channel above or below which trading is more likely to be very strongly in one direction. Between the lines, price action will be choppier and you may with to use wider stops. A third dashed line is also drawn to show the mid p
Round Price Levels
Robert Gerald Wood
Indicators
Markets really love round numbers and they often act as support in a falling market, or resistance as price rises. This indicator is designed to draw price levels at Round values. It does this automatically, but you also have the option to override that and determine the levels you wish to see. A round level can be as simple as steps of 10, so 10, 20, 30 etc or if you are working with Forex, maybe you want to see changes at 0.1 or 0.01. The indicator draws two classes of line, Major and Minor, e
TheStrat Monitor
Robert Gerald Wood
3.67 (3)
Indicators
If you've not already learnt about The Strat trading strategy , go google it now. I promise it won't be a waste of your time, and you will likely learn some new tricks whether you use it or not. OK, so now you know what TheStrat is, you will be able to understand what this indicator can do for you. Key Features In short, the Indicator will: Show Timeframe Continuity for all supported timeframes Supports two timeset views, Day trader and Swing trader Show when Full Timeframe Continuity is in pla
TheStrat TFC Monitor
Robert Gerald Wood
Indicators
When trading using The Strat , it is important to keep an eye on multiple timeframes. This indicator will show the Daily, Weekly, Monthly and Quarterly state of the current candle for each timeframe. A Circle icon shows that the candle on that timeframe is currently an Inside, or Type 1 in TheStrat terminology. An Inside Day candle is consolidating price action, and we are looking for a breakout of the range. A Triangle icon, pointing up or down, is a trending candle, or Type 2 in TheStrat termi
ATR Extremes
Robert Gerald Wood
Indicators
Average True Range (ATR) is a commonly used indicator that measures the amount of movement in price over a set duration. However the value it gives is not defined within any sort of boundary, which makes using it for anything other than stop loss or take profit calculations, almost impossible. This indicator is your standard ATR indicator, but we have introduced percentile demarcations so you can see the extremes. You can choose between Percentiles and something we call Split Medians Percentile
Range Exhaustion
Robert Gerald Wood
Indicators
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
TheStrat Levels MT5
Robert Gerald Wood
5 (1)
Indicators
This indicator draws the prior Highs and Lows for multiple timeframes, and can display potential Take Profit and Stop Loss levels. In Rob Smith's # The Strat  terms, these are potential entry points, or alternatively potential targets for open positions. I like to use them in both ways. On a lower timeframe, say 5 minutes to get a good entry on a daily or weekly level, and then as a potential target. Very small stops required giving an excellent risk/reward ratio. Key Features  - Levels from Hou
TheStrat FTFC MT5
Robert Gerald Wood
Indicators
FTFC refers to Full Timeframe Continuity as defined by Rob Smith's  The Strat  . This indicator draws two lines on the chart, one of the highest of the Quarterly, Monthly, Weekly, Daily or Hourly opening levels, and the second of the lowest of those values. This gives you a channel above or below which trading is more likely to be very strongly in one direction. Between the lines, price action will be choppier and you may with to use wider stops. A third dashed line is also drawn to show the mid
TheStrat Monitor MT5
Robert Gerald Wood
5 (1)
Indicators
If you've not already learnt about The Strat trading strategy , go google it now. I promise it won't be a waste of your time, and you will likely learn some new tricks whether you use it or not. OK, so now you know what TheStrat is, you will be able to understand what this indicator can do for you. Key Features In short, the Indicator will: Show Timeframe Continuity for all supported timeframes Supports two timeset views, Day trader and Swing trader Show when Full Timeframe Continuity is in pla
TheStrat TFC Monitor MT5
Robert Gerald Wood
5 (1)
Indicators
When trading using  The Strat , it is important to keep an eye on multiple timeframes. This indicator will show the Daily, Weekly, Monthly and Quarterly state of the current candle for each timeframe. A Circle icon shows that the candle on that timeframe is currently an Inside, or Type 1 in TheStrat terminology. An Inside Day candle is consolidating price action, and we are looking for a breakout of the range. A Triangle icon, pointing up or down, is a trending candle, or Type 2 in TheStrat term
Active Pivot Levels MT5
Robert Gerald Wood
Indicators
Pivot levels are a well established technical level that's recognised in every market. This indicator will draw the current Quarterly, Monthly, Weekly, Daily and four-hourly pivots on the chart, for any symbol. You can also show the Suppport and Resistance levels for each period and choose which to display from levels 1 to 4.   Choose the type of Pivot from: Standard Camarilla DeMark Woodie Fibonacci Please note, DeMark pivots have a single Support and Resistance level as per the original specif
Round Price Levels MT5
Robert Gerald Wood
Indicators
Markets really love round numbers and they often act as support in a falling market, or resistance as price rises. This indicator is designed to draw price levels at Round values. It does this automatically, but you also have the option to override that and determine the levels you wish to see. A round level can be as simple as steps of 10, so 10, 20, 30 etc or if you are working with Forex, maybe you want to see changes at 0.1 or 0.01. The indicator draws two classes of line, Major and Minor,
ATR Extremes MT5
Robert Gerald Wood
Indicators
Average True Range (ATR) is a commonly used indicator that measures the amount of movement in price over a set duration. However the value it gives is not defined within any sort of boundary, which makes using it for anything other than stop loss or take profit calculations, almost impossible. This indicator is your standard ATR indicator, but we have introduced percentile demarcations so you can see the extremes. You can choose between Percentiles and something we call Split Medians Percentile
Range Exhaustion MT5
Robert Gerald Wood
Indicators
Range Exhaustion occurs when price meets or exceeds the expected range for the current period. At these levels, price starts to lose its momentum relative to earlier in the period, so its a good point to make sure you are not taking new positions. This indicator will show you where this is likely to happen on your chart, showing levels for Daily, Weekly and Monthly periods. When you see price exceeding these exhaustion levels, it's telling you that the momentum behind the move is very strong an
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