"Fakey PA" is a technical indicator for the MetaTrader 5 platform, designed to automatically identify the Fakey pattern (false breakout) on the chart. The Fakey pattern is a combination of an Inside Bar followed by a false breakout, which often precedes a strong price movement in the opposite direction.
What is the Fakey Pattern:
Fakey is a three-bar false breakout formation:
1. Mother Bar - a wide bar that contains the next bar
2. Inside Bar - a bar completely within the range of the mother bar
3. Breakout Bar - a bar that breaks the boundary but closes back inside
• Fakey Buy: price breaks down through the Inside Bar (or mother bar) boundary but closes above this level - false downward breakout, buy signal
• Fakey Sell: price breaks up through the Inside Bar (or mother bar) boundary but closes below this level - false upward breakout, sell signal
Features:
• Automatic detection of Fakey patterns on the chart
• Visual marking with blue up arrows for Fakey Buy and red down arrows for Fakey Sell
• Display of breakout levels with horizontal lines on the chart
• Filter by minimum breakout size in pips
• Optional filter by candle body direction
• Choice of level for breakout detection (mother bar or Inside Bar)
Indicator Parameters:
• LookBackBars - number of bars to analyze (default 10000)
• MinBreakoutPips - minimum breakout size in pips to identify Fakey (default 70)
• UseBodyDirectionFilter - filter by candle body direction (enabled by default)
• UseMotherBarBreakout - use mother bar for breakout level instead of Inside Bar (disabled by default)
How to Use:
1. Attach the indicator to the chart in MetaTrader 5
2. Adjust parameters for your trading instrument and timeframe
3. Blue up arrow indicates a false downward breakout - potential buy signal
4. Red down arrow indicates a false upward breakout - potential sell signal
5. Horizontal lines show false breakout levels
Trading Strategy:
The Fakey pattern is a powerful reversal signal, especially at key support and resistance levels. A false breakout often "stops out" traders before a strong move in the opposite direction. It is recommended to use the indicator on higher timeframes (H4, D1) and in combination with trend analysis and key levels to improve signal accuracy.
This Mt5 Indicator Signals when there is two opposite direction bars engulfed by current bar. has a recent Exponential Moving Average Cross and past bar was oversold/bought Expert Advisor Available in Comments Free Version Here : https://www.mql5.com/en/market/product/110114?source=Site  ; Full Alerts for mt5 terminal , phone , email, print to file, print to journal Buy Signal ( blue line ) Past ema cross ( set at 30 bars back ) Past bar rsi is oversold ( level 40 ) Engulfing bar closes
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SETTINGS Make sure to select Chart shift option in the chart.
(Right click in the chart ---> Properties (dialog box) ----> Select Chart Shift)
Kindly rate and comment about the product for upgradation & Support
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1. なぜ FX Power がトレーダーにとって非常に有益なのか 通貨と金のリアルタイム強弱分析
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• スキャルピングからスイングトレード
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Features: Automatic PPR Detection: The indicator automatically identifies and marks PPR patterns with arrows on the chart. Visual Signals: Green and red arrows indicate the optimal points for buying and selling, respectively. Ar
Main purpose: "Pin Bars" is designed to automatically detect pin bars on financial market charts. A pin bar is a candle with a characteristic body and a long tail, which can signal a trend reversal or correction.
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What is the PPR Pattern:
PPR is a three-candle reversal formation:
• Bullish PPR: two consecutive bearish candles (the second with a lower high and low), then a bullish candle that closes above the
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Features:
• Automatic detection of all Inside Bars on the chart • Visual marking with arrows: green up arrow for bullish Inside Bars (close >= open), gr
Fakey Detector — False Breakout (Fakey) Indicator Fakey Detector is an indicator that automatically detects the classic Fakey pattern (false breakout of an inside bar) from Price Action and displays it on the chart using an arrow and breakout level. How it works: The Fakey pattern consists of three candles: Mother Bar — the largest by range Inside Bar — fully contained within the Mother Bar's range Fakey Candle — breaks out (up or down), but then closes back inside the range The indicator
This expert Advisor is primarily intended for dispersing small deposits. For example, in testing since 2017, the EA increased its balance from 100 $ to 6 514 361 $
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The EA is designed primarily for the GBP / USD pair with the M15 timeframe , but it can also be used on other major pairs with preliminary testing using minimal risks. You can change the lot size in the adviser parameters. The EA is based on several indicators: Percent BB, Steady Bands, and Donchian Channel. The expert Advisor opens a buy transaction at the opening of a new day if all the conditions of the above Indicators are met.
Below are screenshots of testing since 2018.
Initial balance
"IMBA" is a trading robot for the trading on forex.
The EA analyzes the market using several indicators (Persistent BB, Steady Bands). Opens and closes trades on indicators, but sometimes on Stop Loss or Take Profit. It doesn't open many deals, but it compensates for this with the quality of the deals. There is no point in telling too much, just download the Demo version and test it. Others Product: https://www.mql5.com/ru/users/yura1994ru/seller#products
Recommendations: Symbol EURUSD Time
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By default, the expert Advisor parameters allow trading on the GBP/USD M30 pair . Using three indicators (ATR MA Oscillator, Stochastic, Top Bottom Price) to open and close trades, but also uses Stop Loss and Take Profit. Below is a test for the last 6 years. The default lot size is 1 lot and is recommended for a Deposit of 10 000. For a smaller Deposit, it is recommended to reduce the lot size. For 1000 = 0.1 lot, for 100 = 0.01 lot. Other product: https://www.mql5.com/ru/users/yura1994
The "Mjolnir" Expert Advisor is perfect for most Currency Pairs and Timeframes from M15 to H4, but it performs best on the "EUR/GBP M30" pair. It uses only two indicators "Bollinger Bands" and "Top Bottom Price". Each trade is protected by Stop Loss and Take Profit. In the parameters of the expert Advisor, you can change the percentage of the lot from the Deposit(by default, it is 5%), as well as the values of indicators, Stop Loss and Take Profit, if necessary. The test statistics for 4 y
By default, the EA parameters allow trading on the EUR/JPY M30 pair. For the test from 2017.01.07 - 2021.01.07 from 100 $ to 1 957 164 $ see below. The EA uses three indicators (ATR MA Oscillator, Donchian Channel , Top Bottom Price) to open and close trades, but also uses Stop Loss and Take Profit. The lot size is specified as a percentage of the account balance (by default, 5% and a limit of 100 lots is specified). Default testing parameters Initial balance = 100 $ Net profi
Suitable currency pairs: EUR/JPY H1 (there will be sets with settings for other currency pairs in the discussions)
Indicators used: "ATR MA Oscillator", "Entry Time", "Top Bottom Price" and "Previous High Low"
Default lot size = 5% Other Products: https://www.mql5.com/ru/users/yura1994ru/seller#products Test results since 2017 for the EUR/JPY H1 pair Initial balance = 500 $ Net profit = 2,372,808 $ Profitability = 4.07 Profitable trades = 84% Drawdown = 7% Recommendation: use an ac
The main advantage of the Expert Advisor is the percentage of profitable trades, which is 70% in testing over the past 5 years. The EA is primarily designed for the EUR/GBP M15 pair, but it can also be used on other currency pairs if the EA is pre-optimized. The EA uses several indicators, the main one of which is the "Donchian Channel". Look at the test results over the past 5 years. Default testing parameters Initial balance = 500 $ Net profit = 8,431 $ Profitable trades = 70% Drawdown = 17%
"Temeria" - Forex Expert Advisor for dispersal of small deposits
Statistics after testing in MT4 (EURGBP M30, 2018 - 2023) Initial balance: $10,000 Net profit: $240,900 Maximum drawdown: 2.11% Profitability: 3.74 Description: The Temeria Expert Advisor is designed specifically for the rapid acceleration of small deposits, providing a high level of profit. It is based on several indicators that ensure effective trading. The results of testing over the past five years indicate its stable perfo
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KazePro — Japanese Precision in Forex Trading KazePro is a modern Expert Advisor designed for stable growth of small deposits with controlled risk.
It combines speed, accuracy, and disciplined money management — bringing the spirit of Japanese precision into Forex trading. The algorithm focuses on clean entry points and time-based logic, opening trades only when the market shows strong reversal or impulse potential. Key Features Works best on pairs with the Japanese Yen ( JPY ) Optimized f
Three Bar Reversal Expert Advisor An automated trading robot based on the classic Three Bar Reversal pattern.
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Railway Tracks EA — Automated Trading Based on the "Railway Tracks" Pattern Railway Tracks EA is an expert advisor that trades a powerful candlestick reversal pattern known as “Railway Tracks.” It automatically detects signals from two strong opposite-direction candles and places trades with a customizable risk/reward ratio. Trading Logic: BUY : after a bearish candle followed by a bullish one. SELL : after a bullish candle followed by a bearish one. SL : placed beyond the extreme of the