Hikkake Trading System
- Indicatori
- Ich Khiem Nguyen
- Versione: 1.0
- Attivazioni: 10
Hikkake Trading System automatically detects the Hikkake candlestick pattern — one of the most reliable false breakout trap patterns in technical analysis. The Hikkake pattern occurs when an inside bar breakout fails and price reverses through the opposite side, trapping breakout traders and triggering a powerful move.
Introductory Pricing: This indicator is offered at introductory pricing that increases based on sales milestones. The current price is $49. After 10 sales, the price increases to $59. After 30 sales, it increases to $69. After 60 sales, the final price of $79 takes effect. All buyers receive the same full-featured indicator regardless of purchase price.
Included Tools
Each Harami Cross Trading System purchase includes access to the following companion tools at no additional cost:
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Smart Trend Consensus MT5 — Multi-timeframe trend agreement indicator. Displays trend direction across up to 7 timeframes on a single dashboard. Helps filter Harami Cross signals by confirming whether the Doji cross reversal aligns with higher-timeframe structure. https://www.mql5.com/en/market/product/160553
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Price Volume Distribution MT5 — Volume profile and price distribution analysis. Identifies high-volume price zones where institutional orders cluster. Useful for confirming whether the Harami Cross pattern forms at a significant volume node. https://www.mql5.com/en/market/product/160452
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Harami Cross Trading System EA — Automated signal execution based on indicator output buffers. Reads Entry/SL/TP levels from the indicator and places pending orders automatically. Configurable lot sizing, risk per trade, and session filters. (Delivered via MQL5 private message after purchase confirmation.)
Contact the author through MQL5 messaging after purchase to receive access to the companion tools.
How the Pattern Works
The Hikkake is a 4+ bar pattern:
- Setup Bar — Establishes the range
- Inside Bar — Fully contained within the setup bar (high <= setup high, low >= setup low)
- Fakeout Bar — Breaks one side of the inside bar, trapping breakout traders
- Confirmation Bar — Closes beyond the opposite inside bar boundary (within 3 bars of fakeout)
Bullish Hikkake: Fakeout breaks below inside low, confirmation closes above inside high Bearish Hikkake: Fakeout breaks above inside high, confirmation closes below inside low
5-Factor Quality Scoring
Every detected pattern receives a quality score (0.00-1.00) based on:
- Inside Bar Containment (25%) — How well inside bar fits within setup
- Confirm Body/ATR (20%) — Confirmation bar body strength
- Inside Range/ATR (15%) — Inside bar range relative to volatility
- Direction Change (20%) — Confirmation reverses fakeout direction
- Breach Depth (20%) — How far price extends past inside boundary
Detection Preset System
- Standard — Relaxed thresholds, more signals (~2% detection rate)
- Strict — Original spec thresholds, fewer but higher quality signals
- Custom — Full control over all 5 detection parameters
Entry Mode
Uses pending order entry (buy stop / sell stop) at the inside bar boundary opposite the fakeout. This ensures entry only on confirmed reversal, preventing premature trades.
3 Stop Loss Methods
- Donchian Channel (default) — Dynamic SL based on Donchian low/high
- ATR-based — SL at entry +/- ATR x multiplier
- Pattern-based — SL at pattern extreme (most conservative)
Additional Features
- 7-Layer Signal Filter Chain (Quality, Extreme Zone, Direction, SL Hunt, Signal Zone, Spacing, Opposite)
- MTF Scanner: Scan up to 150 symbols across 8 timeframes
- Market Structure Analysis: BOS/CHOCH detection
- 4-Channel Alert System: Popup, Sound, Push, Email
- Up to 4 Take Profit levels with R:R ratios
- Donchian Channel Trailing Stop Loss
- Professional Chart Themes (Dark, Light, Custom)
- EA Signal Buffers (10 buffers for algorithmic trading via iCustom)
PART Section Description 1 INTRODUCTION Product introduction, what the product helps you with 2 INSTALLATION & SETUP System requirements, step-by-step installation guide Guide to Installing Free Indicators and EAs Included with the Mirage Trading System Purchase 3 INTERFACE DISPLAY Explanation of the components displayed on the chart User Guide: Trading Lines & Signal Tracking System The system automatically draws Entry, Stop Loss, and Take Profit lines (TP 1–4) on the chart, tracks price action for hits, records Win/Loss results, and displays real-time performance statistics. User Guide : Visualization, Zone Fill, Signal Dashboard & Cancelled Signals When you attach an indicator to a chart, the system renders the following visual components for each detected signal User Guide: MTF SCAN & Dashboard User Guide MTF SCAN automatically scans all Market Watch symbols across 8 timeframes (M1 to W1) and displays results on a Dashboard grid directly on your chart. User Guide : Chart Theme User Guide Chart Theme is a feature that changes the entire chart color scheme in MetaTrader 5 — including the background, candles, grid, text, and Bid/Ask lines — with a single click. 4 CORE CONCEPTS Fundamental concepts that the system is built upon User Guide: Market Structure Functionality in the Trading System Identifies trend direction (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key events: BOS (trend continuation) and CHoCH (potential trend reversal). User Guide : Signal Types, States, and Lifecycle A signal is the system's notification when it detects a qualifying candlestick pattern on the chart. Each signal tells you the expected price direction and provides suggested entry, stop loss, and take profit levels. 5 SIGNAL FILTERS Filters that refine and validate trading signals User Guide: Trade Direction (Direction Filter) in the Trading System Defines the allowed trading direction (Buy only, Sell only, both, or neither) as the first filter before searching for entry signals, based on current market trend. User Guide: Signal Zone Filter in the Trading System Eliminates signals not near important price zones, retaining only those connected to market structures (swing high/low, BOS, CHoCH) to reduce noise. User Guide: StoplossHunt Filter User Guide — Filtering "SL Sweep" Signals Identifies higher-probability signals by checking whether price "swept stoploss" before forming a pattern. User Guide : Extreme Zone Filter Extreme Zone Filter is a signal filtering feature that helps avoid entering trades when price is at the top or bottom of a Donchian price channel. User Guide: Opposite Signal Filter The Opposite Signal Filter is an automatic feature that prevents new signals from appearing when you already have an active trade running in the opposite direction.The principle is very simple: Don't buy when you're selling. Don't sell when you're buying. User Guide : Quality Filter User Guide Quality Filter is a feature that helps you receive only the best signals — price patterns formed clearly, with balanced proportions and high reliability — and reject weak signals, dull patterns, and those below standard. 6 TRADE MANAGEMENT User Guide : Risk/Reward & SL Method User Guide Risk/Reward (R:R) is the ratio between the amount of money you accept losing (Risk) and the amount of money you expect to gain (Reward) in a single trade. User Guide: Trailing Stop Loss (TSL) User Guide Regular Stop Loss (SL) stays fixed in one place. You set SL at 1990.00, and it stays there forever — even if price has risen to 2030.00.Trailing Stop Loss (TSL) is different. It automatically moves in your favor when price advances. As price moves up, TSL moves up with it. When price stalls or reverses, TSL holds the best position it reached. 7 CONFIGURATION PARAMETERS GUIDE Detailed guide to each configuration parameter SIGNAL SCANNING CONFIGURATION GUIDE - MIRAGE TRADING SYSTEM EA Guide to mastering signal scanning settings within the Inputs tab, optimizing trade discovery on a single chart or across the entire market. 8 ALERTS & NOTIFICATIONS User Guide: Alerts & Notifications User Guide Configure push notifications, and on-screen popups when new signals are detected. 9 SYSTEM RISKS & LIMITATIONS Notes on system risks and limitations
Best Markets & Timeframes
- XAUUSD (Gold): Excellent on H1/H4
- Major forex pairs: EURUSD, GBPUSD, USDJPY on all TF above M15
- Indices: US30, NAS100 on H4/D1
- Works on any symbol and timeframe
hikkake, inside bar, false breakout, trap, pattern detection, quality scoring, multi-timeframe, MTF scanner, market structure, BOS, CHOCH, donchian stop, trailing stop, pending order, alert system
v1.00 — Initial release with Hikkake pattern detection, 5-factor quality scoring, Detection Preset System, pending order entry, 3 SL methods, 7-layer filter chain, MTF Scanner 150x8, Market Structure BOS/CHOCH, 4-channel alerts, chart themes, and EA signal buffers.
Standard MQL5 Market pricing. Free demo available.
