"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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FX Power:分析货币强度,助您做出更明智的交易决策 概述
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What it does
Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
"Ppr PA" is a unique technical indicator created to identify "PPR" patterns on the currency charts of the MT4 trading platform. These patterns can indicate possible reversals or continuation of the trend, providing traders with valuable signals to enter the market.
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:
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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
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Arrows are displayed on the last closed candle of the pattern, and push notifications are also sent. An automated trading robot Three Bar Reversal EA has been developed based on this indicator. The indicator works on all currency pairs and timeframes but pe
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
Railway Tracks Pattern — Reversal Pattern Indicator Railway Tracks Pattern is an indicator that automatically detects a powerful two-candle reversal pattern on the chart. It looks for two candles with opposite directions (bullish and bearish), similar in size, and with minimal wicks — a clear sign of momentum shift. How it works: The first candle is strong and directional. The second candle moves in the opposite direction and is of similar size. Both candles have small shadows (wicks). The
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Below are screenshots of testing since 2018.
Initial balance
"Inside Bar PA" is a technical indicator designed to determine the inner bars on the chart. An internal bar is a bar or candle, the maximum and minimum of which are completely contained in the previous bar. This may signal a potential reversal or continuation of the trend, depending on the context.
Features: Automatic detection of internal bars. Visual marking of internal bars with arrows on the chart. The ability to adjust the distance of the mark from the bar. How to use: Attach the indicato
"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
The main advantage of the EA is the percentage of profitable trades that is 99% in testing over the past 2 years. He does not make many transactions, please note this. Designed primarily for the EUR/USD M30 pair . The EA Uses several indicators the main one of which is "Stochastics" Default testing parameters Initial balance = $10,000 Net profit = $27,300 Profitable trades = 99% Drawdown = 38% Other product: https://www.mql5.com/ru/users/yura1994ru/seller#products Before using it on a
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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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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
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.
Optimized for the D1 timeframe , where signals are more stable and statistically reliable. ️ Features: Strategy based on a 3-bar reversal pattern with impulse strength filtering Customizable risk/reward ratio ( RiskRewardRatio ) Limit on the number of simultaneous trades ( MaxOrders ) Suitable for all instruments with strong volatility Backtest Results (EURUSD, D1, 2010–2025): N
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