| PART | Part | Description | ||
|---|---|---|---|---|
| 1 | INTRODUCTION | Product introduction, what the product helps you with | ||
| 2 | INSTALLATION & SETUP | System necessities, step-by-step set up information | ||
| Information to Putting in Free Indicators and EAs Included with the Mirage Buying and selling System Buy | ||||
| 3 | INTERFACE DISPLAY | Rationalization of the parts displayed on the chart | ||
| Person Information: Buying and selling Traces & Sign Monitoring System | The system routinely attracts Entry, Cease Loss, and Take Revenue strains (TP 1–4) on the chart, tracks value motion for hits, information Win/Loss outcomes, and shows real-time efficiency statistics. | |||
| Person Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Indicators | Whenever you connect an indicator to a chart, the system renders the next visible parts for every detected sign | |||
| Person Information: MTF SCAN & Dashboard Person Information | MTF SCAN routinely scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid immediately in your chart. | |||
| Person Information : Chart Theme Person Information | Chart Theme is a function that modifications the whole chart colour scheme in MetaTrader 5 — together with the background, candles, grid, textual content, and Bid/Ask strains — with a single click on. | |||
| 4 | CORE CONCEPTS | Elementary ideas that the system is constructed upon | ||
| Person Information: Market Construction Performance within the Buying and selling System | Identifies pattern course (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (pattern continuation) and CHoCH (potential pattern reversal). | |||
| Person Information : Sign Sorts, States, and Lifecycle | A sign is the system’s notification when it detects a qualifying candlestick sample on the chart. Every sign tells you the anticipated value course and gives steered entry, cease loss, and take revenue ranges. | |||
| 5 | SIGNAL FILTERS | Filters that refine and validate buying and selling alerts | ||
| Person Information: Commerce Course (Course Filter) within the Buying and selling System | Defines the allowed buying and selling course (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than trying to find entry alerts, primarily based on present market pattern. | |||
| Person Information: Sign Zone Filter within the Buying and selling System | Eliminates alerts not close to vital value zones, retaining solely these linked to market buildings (swing excessive/low, BOS, CHoCH) to scale back noise. | |||
| Person Information: StoplossHunt Filter Person Information — Filtering “SL Sweep” Indicators | Identifies higher-probability alerts by checking whether or not value “swept stoploss” earlier than forming a sample. | |||
| Person Information : Excessive Zone Filter |
Excessive Zone Filter is a sign filtering function that helps keep away from getting into trades when value is on the high or backside of a Donchian value channel. | |||
| Person Information: Reverse Sign Filter | The Reverse Sign Filter is an automated function that forestalls new alerts from showing when you have already got an lively commerce operating in the other way.The precept could be very easy: Do not buy once you’re promoting. Do not promote once you’re shopping for. | |||
| Person Information : High quality Filter Person Information | High quality Filter is a function that helps you obtain solely the perfect alerts — value patterns fashioned clearly, with balanced proportions and excessive reliability — and reject weak alerts, uninteresting patterns, and people under normal. | |||
| 6 | TRADE MANAGEMENT | |||
| Person Information : Threat/Reward & SL Methodology Person Information | Threat/Reward (R:R) is the ratio between the amount of cash you settle for shedding (Threat) and the amount of cash you count on to achieve (Reward) in a single commerce. | |||
| Person Information: Trailing Cease Loss (TSL) Person Information | Common Cease Loss (SL) stays mounted in a single place. You set SL at 1990.00, and it stays there endlessly — even when value has risen to 2030.00.Trailing Cease Loss (TSL) is completely different. It routinely strikes in your favor when value advances. As value strikes up, TSL strikes up with it. When value stalls or reverses, TSL holds the perfect place it reached. | |||
| 7 | CONFIGURATION PARAMETERS GUIDE | Detailed information to every configuration parameter | ||
| SIGNAL SCANNING CONFIGURATION GUIDE – MIRAGE TRADING SYSTEM EA | Information to mastering sign scanning settings inside the Inputs tab, optimizing commerce discovery on a single chart or throughout the whole market. | |||
| 8 | ALERTS & NOTIFICATIONS | |||
| Person Information: Alerts & Notifications Person Information | Configure push notifications, and on-screen popups when new alerts are detected. | |||
| 7 | SYSTEM RISKS & LIMITATIONS | Notes on system dangers and limitations |
1. INTRODUCTION
Above the Abdomen Buying and selling System v1.00
Skilled 2-Bar Reversal Detection for MT5
Writer: Ich Khiem Nguyen | MQL5: https://www.mql5.com/en/customers/khiemni/vendor
What’s Above the Abdomen Buying and selling System?
Above the Abdomen Buying and selling System helps you see Above the Abdomen / Beneath the Abdomen patterns in your MetaTrader 5 charts — routinely. The indicator scans each candle, filters out weak setups, and reveals you solely the perfect buying and selling alternatives with clear entry factors, cease losses, and revenue targets already calculated. It really works on any market and any timeframe, providing you with extra time to focus in your buying and selling choices as a substitute of trying to find patterns.
What Are Abdomen Patterns?
Above the Abdomen / Beneath the Abdomen are highly effective 2-candle reversal patterns that seem when a second candle opens inside the physique of the primary and closes past it, signaling a shift in market management.
Above the Abdomen (Bullish Reversal)
The Above the Abdomen sample seems after a downtrend. The primary candle is bearish — sellers are in management and push the value decrease. The second (sign) candle opens at or above the midpoint of the primary candle’s physique, then closes above the primary candle’s open. This reveals consumers have absorbed the promoting strain and are taking management, suggesting the downtrend could also be reversing upward.
Beneath the Abdomen (Bearish Reversal)
The Beneath the Abdomen sample seems after an uptrend. The primary candle is bullish — consumers have been pushing the value increased. The second (sign) candle opens at or under the midpoint of the primary candle’s physique, then closes under the primary candle’s open. This reveals sellers have overpowered the shopping for momentum, suggesting the uptrend could also be reversing downward.
Whenever you see these patterns forming close to vital help or resistance ranges, they grow to be much more dependable alerts for potential pattern reversals.
How the Indicator Finds Patterns
The indicator scans your charts in real-time and checks every potential sample in opposition to a number of high quality necessities:
- Construction examine: Verifies the 2-candle relationship — sign candle opens inside the setup candle’s physique and closes past the setup candle’s open within the reversal course.
- Physique energy examine: Confirms each candles have significant actual our bodies relative to latest ATR, filtering out doji-like candles that lack conviction.
- Pattern context examine: Ensures the sample seems after a real prior pattern (minimal variety of directional bars), so you’re catching precise reversals relatively than sideways noise.
- Momentum examine: Confirms the sign candle’s shut place relative to the prior candle’s full vary, measuring how decisively value moved by way of the setup.
Solely patterns that move all these checks seem in your chart, so you do not waste time on weak or invalid setups.
High quality Rating — How Good Is the Sample?
Each sample will get a high quality rating from 0% to 100%, like a grade on a take a look at. This helps you deal with the perfect buying and selling alternatives.
What the Rating Means
The indicator makes use of 5-Issue Weighted Scoring to grade every sample. It evaluates how massive the setup candle’s physique is relative to volatility (25%), how robust the sign candle’s physique is (20%), how decisively the sign candle closes versus the prior candle’s full vary (25%), the relative measurement of the sign physique (15%), and whether or not the sample seems in a transparent pattern context (15%). Patterns the place all 5 elements align — robust setup, decisive sign, and clear pattern — obtain the best scores.
| Grade | Rating Vary | High quality Degree |
|---|---|---|
| A | 80-100% | Wonderful — Finest alerts |
| B | 60-79% | Good — Dependable setups |
| C | 40-59% | Common — Wants affirmation |
| D | 20-39% | Beneath Common — Dangerous |
| F | 0-19% | Poor — Keep away from |
High quality Threshold Setting
By default, the indicator solely reveals patterns scoring 50% or increased. You may regulate this within the settings:
- Elevate to 60-70%: See solely the perfect alerts (fewer however increased high quality)
- Decrease to 30-40%: See extra alerts (extra frequent however combined high quality)
- Tip: Begin with the default 50% and regulate primarily based in your backtest outcomes
What You See on the Chart
When the indicator detects a Abdomen sample, it attracts all the pieces you should know immediately on the chart:
Sign Markers
- Arrow icons: An upward arrow (inexperienced) marks a bullish Above the Abdomen sign; a downward arrow (crimson) marks a bearish Beneath the Abdomen sign. Arrows are positioned on the shut of the sign candle.
- High quality labels: A proportion label seems beside every arrow, exhibiting the sample’s high quality rating (e.g., “78%”). Greater scores are proven in brighter, extra distinguished colours.
Buying and selling Traces
- Entry line: A horizontal line on the sign candle’s shut value, color-coded by course (blue for purchase, orange for promote), labeled “Entry”.
- Cease Loss line: A horizontal crimson line positioned under the bottom level of the two-candle sample (purchase) or above the best level (promote), with an ATR buffer added, labeled “SL”.
- Take Revenue strains: As much as 4 horizontal strains above the entry (purchase) or under the entry (promote), labeled TP1 (1R), TP2 (1.5R), TP3 (2R), and TP4 (3R), proven in inexperienced.
Visible Zones
- Sample spotlight: A shaded rectangle protecting the 2 sample candles, coloured to match sign course, serving to you shortly see the sample boundaries on a busy chart.
- Monitoring dots: Small coloured dots seem on subsequent candles after the sign, exhibiting whether or not the commerce continues to be open, hit a goal, or stopped out.
Sign Lifecycle
Indicators progress by way of completely different states, proven by altering colours and monitoring dots:
- Pending: Sample simply detected, ready for entry affirmation
- Triggered: Entry value reached, commerce is lively
- Goal Hit: Value reached take revenue stage (sign turns inexperienced)
- Cease Hit: Value hit cease loss (sign turns crimson)
- Cancelled: Sign invalidated earlier than entry (sign disappears or grays out)
You may watch your alerts evolve in real-time with out opening any menus or panels.
Settings You Can Alter
Listed here are the principle settings that management how the indicator finds and shows Abdomen patterns:
| Setting | What It Does | Default | When to Change It |
|---|---|---|---|
| Min Physique % (%) | Minimal sign candle physique measurement as a proportion of the complete candle vary | 0.20 (20%) | Elevate to 0.30+ to require extra decisive sign candles; decrease if alerts are too uncommon |
| Min Physique ATR Ratio (sign) | Minimal sign candle physique measurement relative to latest ATR | 0.40 | Elevate to filter out small sign candles on risky markets |
| Min Setup Physique ATR Ratio | Minimal setup (first) candle physique measurement relative to latest ATR | 0.50 | Elevate to require a stronger first candle; helpful on extremely risky pairs |
| Require Pattern Bars | Minimal variety of directional bars earlier than the sample to substantiate a previous pattern | 3 | Elevate to five+ for stricter pattern context; decrease to 2 on trending devices |
| SL Buffer ATR Multiplier | Additional ATR distance added past the sample’s excessive/low for the cease loss | 0.10 | Elevate to 0.20+ on risky markets to keep away from untimely stop-outs |
| Pattern Size (bars) | Variety of bars used to evaluate total pattern course for context scoring | 20 | Use 10 for short-term charts; use 50+ on Every day timeframe |
| High quality Threshold (%) | Minimal high quality rating required for a sign to seem on the chart | 50 | Elevate to 65+ to see solely the strongest setups; decrease to 35 if alerts are too rare |
| Take Revenue Mode | Which TP ranges to show (1R, 1.5R, 2R, 3R, or mixtures) | 1R + 2R | Choose 3R for trend-following targets; preserve 1R for conservative exits |
Settings Suggestions
- Begin with all default settings and let the indicator run for a number of days to see the way it performs
- When you get too many alerts, increase the standard threshold or enhance the minimal physique ATR ratios
- If alerts are too uncommon, decrease the standard threshold or cut back the required pattern bars
- All the time backtest any setting modifications earlier than utilizing them on a reside account
Finest Timeframes and Markets
Really helpful Timeframes
| Timeframe | Sign High quality | Sign Frequency | Finest For |
|---|---|---|---|
| M15 | Average | Excessive | Scalpers who need frequent setups; mix with higher-TF pattern filter |
| H1 | Good | Average | Intraday merchants looking for balanced sign frequency and reliability |
| H4 | Wonderful | Low-Average | Swing merchants; really helpful start line for many devices |
| D1 | Wonderful | Low | Place merchants and longer-term swing setups with clearest construction |
Finest Markets
- Foreign exchange main pairs (EURUSD, GBPUSD, USDJPY): Constant sample readability on H4 and D1; works on H1 throughout London and New York periods.
- Gold (XAUUSD): Robust outcomes on H4 and D1 attributable to clear trending conduct and well-defined candle construction.
- Inventory indices (US30, NAS100, S&P500): Finest on H4 and Every day; keep away from decrease timeframes throughout pre-market hours.
- Cryptocurrency (BTCUSD, ETHUSD): Use D1 for clearer alerts; decrease timeframes can produce noise attributable to 24/7 buying and selling.
- Commodities (XAGUSD, Oil): Good sample readability on H4 and D1.
The indicator works on any image and timeframe, however these mixtures have a tendency to supply essentially the most dependable alerts.
Getting Began — Fast Setup
Comply with these steps to start out utilizing Above the Abdomen Buying and selling System:
- Open MetaTrader 5 and cargo a chart. Begin with XAUUSD or EURUSD on the H4 timeframe for a clear introduction to the sample.
- Within the Navigator panel on the left, broaden the “Indicators” part and discover “AboveTheStomachTradingSystem” underneath Customized Indicators.
- Double-click or drag the indicator onto your chart.
- A settings window will seem. Click on OK to make use of the default settings in your first session.
- The indicator will instantly scan historic bars and plot any qualifying alerts. Search for coloured arrows and horizontal strains on previous candles.
- Observe the alerts over the following few days. Be aware which high quality scores the patterns obtain and the way value reacted after every sign.
- After reviewing preliminary outcomes, regulate the High quality Threshold or physique ratio settings to match your most well-liked sign frequency and instrument.
That is it! The indicator is now scanning your charts routinely and can provide you with a warning when high-quality Abdomen patterns seem.
All Options at a Look
Sample-Particular Options
- Detects each Above the Abdomen (bullish) and Beneath the Abdomen (bearish) variants in a single indicator move
- 5-Issue Weighted Scoring evaluates physique energy, shut place, setup measurement, and pattern context for every sample
- Midpoint-penetration rule enforces the core structural requirement: sign candle should open inside the setup physique at or past its midpoint
- Configurable trend-bar requirement ensures patterns seem solely after a qualifying directional transfer, not in sideways markets
- ATR-based cease loss and take revenue ranges (1R, 1.5R, 2R, 3R) routinely scale to present market volatility
The next professional-grade options can be found throughout all our indicators:
| 3 | INTERFACE DISPLAY | Rationalization of the parts displayed on the chart | ||
| Person Information: Buying and selling Traces & Sign Monitoring System | The system routinely attracts Entry, Cease Loss, and Take Revenue strains (TP 1–4) on the chart, tracks value motion for hits, information Win/Loss outcomes, and shows real-time efficiency statistics. | |||
| Person Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Indicators | Whenever you connect an indicator to a chart, the system renders the next visible parts for every detected sign | |||
| Person Information: MTF SCAN & Dashboard Person Information | MTF SCAN routinely scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid immediately in your chart. | |||
| Person Information : Chart Theme Person Information | Chart Theme is a function that modifications the whole chart colour scheme in MetaTrader 5 — together with the background, candles, grid, textual content, and Bid/Ask strains — with a single click on. | |||
| 4 | CORE CONCEPTS | Elementary ideas that the system is constructed upon | ||
| Person Information: Market Construction Performance within the Buying and selling System | Identifies pattern course (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (pattern continuation) and CHoCH (potential pattern reversal). | |||
| Person Information : Sign Sorts, States, and Lifecycle | A sign is the system’s notification when it detects a qualifying candlestick sample on the chart. Every sign tells you the anticipated value course and gives steered entry, cease loss, and take revenue ranges. | |||
| 5 | SIGNAL FILTERS | Filters that refine and validate buying and selling alerts | ||
| Person Information: Commerce Course (Course Filter) within the Buying and selling System | Defines the allowed buying and selling course (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than trying to find entry alerts, primarily based on present market pattern. | |||
| Person Information: Sign Zone Filter within the Buying and selling System | Eliminates alerts not close to vital value zones, retaining solely these linked to market buildings (swing excessive/low, BOS, CHoCH) to scale back noise. | |||
| Person Information: StoplossHunt Filter Person Information — Filtering “SL Sweep” Indicators | Identifies higher-probability alerts by checking whether or not value “swept stoploss” earlier than forming a sample. | |||
| Person Information : Excessive Zone Filter |
Excessive Zone Filter is a sign filtering function that helps keep away from getting into trades when value is on the high or backside of a Donchian value channel. | |||
| Person Information: Reverse Sign Filter | The Reverse Sign Filter is an automated function that forestalls new alerts from showing when you have already got an lively commerce operating in the other way.The precept could be very easy: Do not buy once you’re promoting. Do not promote once you’re shopping for. | |||
| Person Information : High quality Filter Person Information | High quality Filter is a function that helps you obtain solely the perfect alerts — value patterns fashioned clearly, with balanced proportions and excessive reliability — and reject weak alerts, uninteresting patterns, and people under normal. | |||
| 6 | TRADE MANAGEMENT | |||
| Person Information : Threat/Reward & SL Methodology Person Information | Threat/Reward (R:R) is the ratio between the amount of cash you settle for shedding (Threat) and the amount of cash you count on to achieve (Reward) in a single commerce. | |||
| Person Information: Trailing Cease Loss (TSL) Person Information | Common Cease Loss (SL) stays mounted in a single place. You set SL at 1990.00, and it stays there endlessly — even when value has risen to 2030.00.Trailing Cease Loss (TSL) is completely different. It routinely strikes in your favor when value advances. As value strikes up, TSL strikes up with it. When value stalls or reverses, TSL holds the perfect place it reached. | |||
| 7 | CONFIGURATION PARAMETERS GUIDE | Detailed information to every configuration parameter | ||
| SIGNAL SCANNING CONFIGURATION GUIDE – MIRAGE TRADING SYSTEM EA | Information to mastering sign scanning settings inside the Inputs tab, optimizing commerce discovery on a single chart or throughout the whole market. | |||
| 8 | ALERTS & NOTIFICATIONS | |||
| Person Information: Alerts & Notifications Person Information | Configure push notifications, and on-screen popups when new alerts are detected. |
Widespread Questions
Q: Why does the indicator typically not present a sign on a candle that appears appropriate to me?
The indicator enforces all structural guidelines concurrently. The commonest cause a visually related candle is rejected is the physique measurement requirement — if both candle’s physique is simply too small relative to ATR, the sample is filtered out. Test the “Min Physique ATR Ratio” settings and decrease them barely if you wish to embrace smaller-body patterns.
Q: What’s the greatest timeframe to start out with?
H4 is the really helpful beginning timeframe for many merchants. It gives a steadiness of sign frequency and sample reliability. As soon as you’re aware of how the patterns look and behave, you possibly can transfer to H1 for extra frequent setups or D1 for higher-conviction alerts.
Q: How do I cut back the variety of alerts showing on my chart?
Elevate the High quality Threshold setting (e.g., from 50% to 65%) to indicate solely higher-scoring patterns. You too can enhance the “Require Pattern Bars” worth to demand a stronger prior pattern earlier than the sample types. Each modifications will cut back sign depend whereas bettering common setup high quality.
Q: How is Above the Abdomen completely different from Bullish Engulfing?
Each are 2-candle bullish reversal patterns, however the structural requirement differs. A Bullish Engulfing sign candle should absolutely cowl the prior candle’s total physique. Above the Abdomen solely requires the sign candle to open inside the setup physique (at or above midpoint) and shut above the setup candle’s open — the sign candle doesn’t have to engulf the complete prior physique. This makes Above the Abdomen a much less aggressive however extra incessantly occurring reversal sign.
Q: When precisely ought to I enter the commerce?
Entry is on the shut of the sign candle (speedy entry). The indicator plots the entry line on the shut of the second candle. When you miss the precise shut, getting into on the open of the following candle is an appropriate different, although it might have an effect on your threat/reward barely.
What’s New — Model v1.00
That is the v1.00 launch of Above the Abdomen Buying and selling System. Key options embrace:
- Computerized detection of Above the Abdomen (bullish) and Beneath the Abdomen (bearish) patterns throughout all timeframes
- 5-Issue Weighted Scoring with proportion grade show for each sign
- ATR-scaled cease loss placement with configurable buffer to soak up regular market noise
- 4 take revenue ranges (1R, 1.5R, 2R, 3R) drawn routinely on the chart
- Sign lifecycle monitoring with color-coded states (Pending, Triggered, Goal Hit, Cease Hit, Cancelled)
- Multi-timeframe scanner exhibiting Abdomen sample alerts throughout as much as 9 timeframes and symbols concurrently
- Full suite of filters: High quality Filter, Excessive Zone Filter, Stoploss Hunt Filter, Reverse Sign Filter
- Push notifications, e mail alerts, and MT5 pop-up alerts when a brand new sign is detected
- Mild and darkish chart theme help
Getting Assist
If in case you have questions or want help:
I am dedicated to serving to you get essentially the most out of this indicator.
Able to Begin?
Above the Abdomen Buying and selling System is designed to save lots of you time and assist you to discover high-probability Abdomen patterns routinely. Connect the indicator to your chart and begin with the default settings — you possibly can fine-tune all the pieces later as you get comfy with the way it works.
Joyful buying and selling!
Ich Khiem Nguyen
Above the Abdomen Buying and selling System v1.00 — Created 2026-02-22