| 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 elements displayed on the chart | ||
| Consumer Information: Buying and selling Traces & Sign Monitoring System | The system robotically attracts Entry, Cease Loss, and Take Revenue strains (TP 1–4) on the chart, tracks value motion for hits, data Win/Loss outcomes, and shows real-time efficiency statistics. | |||
| Consumer Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Alerts | While you connect an indicator to a chart, the system renders the next visible elements for every detected sign | |||
| Consumer Information: MTF SCAN & Dashboard Consumer Information | MTF SCAN robotically scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid straight in your chart. | |||
| Consumer Information : Chart Theme Consumer Information | Chart Theme is a function that adjustments the complete chart coloration 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 | ||
| Consumer Information: Market Construction Performance within the Buying and selling System | Identifies pattern route (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (pattern continuation) and CHoCH (potential pattern reversal). | |||
| Consumer Information : Sign Varieties, 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 route and gives steered entry, cease loss, and take revenue ranges. | |||
| 5 | SIGNAL FILTERS | Filters that refine and validate buying and selling alerts | ||
| Consumer Information: Commerce Path (Path Filter) within the Buying and selling System | Defines the allowed buying and selling route (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than looking for entry alerts, primarily based on present market pattern. | |||
| Consumer Information: Sign Zone Filter within the Buying and selling System | Eliminates alerts not close to necessary value zones, retaining solely these related to market buildings (swing excessive/low, BOS, CHoCH) to cut back noise. | |||
| Consumer Information: StoplossHunt Filter Consumer Information — Filtering “SL Sweep” Alerts | Identifies higher-probability alerts by checking whether or not value “swept stoploss” earlier than forming a sample. | |||
| Consumer 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 prime or backside of a Donchian value channel. | |||
| Consumer Information: Reverse Sign Filter | The Reverse Sign Filter is an automated function that forestalls new alerts from showing when you have already got an energetic commerce operating in the wrong way.The precept may be very easy: Do not buy while you’re promoting. Do not promote while you’re shopping for. | |||
| Consumer Information : High quality Filter Consumer 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, boring patterns, and people beneath commonplace. | |||
| 6 | TRADE MANAGEMENT | |||
| Consumer Information : Danger/Reward & SL Methodology Consumer Information | Danger/Reward (R:R) is the ratio between the amount of cash you settle for dropping (Danger) and the amount of cash you anticipate to achieve (Reward) in a single commerce. | |||
| Consumer Information: Trailing Cease Loss (TSL) Consumer Information | Common Cease Loss (SL) stays mounted in a single place. You set SL at 1990.00, and it stays there eternally — even when value has risen to 2030.00.Trailing Cease Loss (TSL) is totally different. It robotically 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 complete market. | |||
| 8 | ALERTS & NOTIFICATIONS | |||
| Consumer Information: Alerts & Notifications Consumer Information | Configure push notifications, and on-screen popups when new alerts are detected. | |||
| 9 | SYSTEM RISKS & LIMITATIONS | Notes on system dangers and limitations |
1. INTRODUCTION
GravestoneDojiTradingSystem 1.00
Bearish Reversal at Market Tops
Writer: Ich Khiem Nguyen | MQL5: https://www.mql5.com/en/customers/khiemni/vendor
What’s GravestoneDojiTradingSystem?
GravestoneDojiTradingSystem helps you see Headstone Doji patterns in your MetaTrader 5 charts — robotically. The indicator scans each candle, filters out weak setups, and reveals you solely the perfect bearish reversal 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 selections as an alternative of looking for patterns.
What Are Headstone Doji Patterns?
The Headstone Doji is a single-candle reversal sample that seems at market tops after uptrends. Its distinctive inverted T-shape tells a narrative of rejected energy: patrons drive value sharply increased through the candle (creating an extended higher shadow), however sellers step in and reclaim management by the shut. The result’s a candle with open, low, and shut clustered close to the underside, with an extended higher shadow indicating sturdy rejection of upper costs. This represents a shift from shopping for strain to promoting curiosity, signaling a possible bearish reversal.
Bearish Headstone Doji (Reversal)
Seems after an uptrend as a reversal sign. The prior candle should be bullish (shut above open), confirming upward momentum. Then the Headstone Doji types: open close to the low, shut close to the open (tight physique), and an extended higher shadow extending considerably above each. This inverted T-shape reveals patrons initially received (lengthy higher shadow), however sellers rejected these excessive costs and pulled the shut again to the underside. When this sample seems at key resistance ranges or after vital shopping for strain, it turns into a robust sign for potential bearish reversal and pattern change.
The longer the higher shadow relative to the physique, the stronger the vendor rejection of upper costs. High quality Headstone Doji patterns usually precede vital downtrends, making them worthwhile entry factors for merchants looking for early reversal alerts.
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:
- Scans every accomplished bar and checks if the present candle types a Headstone Doji form — open and shut should be clustered close to the low (tiny physique), with an extended higher shadow extending far above the physique
- Verifies the prior bar is bullish (shut above open) to substantiate uptrend context and set up that patrons managed the market earlier than the doji fashioned, guaranteeing you are catching a real reversal fairly than noise in a consolidation
- Confirms the higher shadow is considerably longer than each the physique and decrease shadow — the ratio of higher shadow to candle vary should exceed the minimal threshold, proving sturdy vendor rejection of upper costs
- Applies high quality scoring primarily based on physique tightness (how doji-like), higher shadow energy, decrease shadow cleanliness, prior bullish affirmation, vary significance relative to volatility, and prior candle engagement — solely patterns assembly the minimal high quality threshold seem in your chart
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 top quality rating from 0.00 to 1.00. This helps you concentrate on the perfect buying and selling alternatives.
What the Rating Means
The indicator evaluates six facets of every Headstone Doji sample. It checks how tight the physique is (true doji high quality), how lengthy the higher shadow is in comparison with the physique (vendor rejection energy), whether or not the decrease shadow is minimal (clear inverted T-shape), if the prior bar was strongly bullish (uptrend affirmation), whether or not the candle vary is important relative to latest volatility, and the way a lot of the prior 10-bar transfer the doji vary represents (prior candle engagement). Every issue is weighted by significance, and the mixed rating tells you at a look how textbook-perfect the sample is.
- Grade A (0.80 – 1.00) — Wonderful: Greatest alerts, highest chance reversals
- Grade B (0.60 – 0.79) — Good: Dependable reversal setups price buying and selling
- Grade C (0.40 – 0.59) — Common: Wants extra affirmation from value motion
- Grade D (0.20 – 0.39) — Beneath Common: Dangerous, use with warning
- Grade F (0.00 – 0.19) — Poor: Keep away from buying and selling these alerts
High quality Threshold Setting
By default, the indicator solely reveals patterns scoring 0.30 or increased. You possibly can modify this within the settings:
- Elevate to 0.50-0.60: See solely the perfect alerts (fewer however increased high quality reversals)
- Decrease to 0.15-0.25: See extra alerts (extra frequent however blended high quality)
- Tip: Begin with the default 0.30 and modify primarily based in your backtest outcomes
What You See on the Chart
When the indicator detects a Headstone Doji sample, it attracts all the things it is advisable know straight on the chart:
Sign Markers
- Arrow icons: Crimson downward arrows mark the Headstone Doji sample location — positioned beneath the doji candle to point a bearish reversal sign. Grey arrows point out alerts blocked by an energetic filter.
- High quality labels: A numeric rating (e.g., “0.74”) seems close to every sign, displaying how strongly the sample scored throughout all six high quality components
Buying and selling Traces
- Entry line: An orange horizontal line positioned just under the sample low (entry buffer = 0.05 × ATR), displaying the precise Promote Cease set off stage
- Cease Loss line: A purple horizontal line above the sample excessive (SL buffer = 0.10 × ATR), clearly labeled “SL” — that is the place your protecting cease goes
- Take Revenue strains: As much as 4 inexperienced horizontal strains beneath the entry stage, labeled TP1 by way of TP4, calculated at 0.5R, 1.0R, 1.5R, and a pair of.0R reward multiples respectively
Visible Zones
- Sample spotlight: A shaded rectangle spans the doji candle space, serving to you immediately see which candle types the Headstone Doji sign. Danger zone between entry and SL is shaded in purple; reward zones between entry and every TP stage are shaded in progressively lighter inexperienced.
- Monitoring dots: Small coloured dots path beneath the sign candle and alter coloration because the sign evolves — white for pending, yellow for triggered/energetic, inexperienced for goal hit, purple for cease hit
Sign Lifecycle
Alerts progress by way of totally different states, proven by altering colours and monitoring dots:
- Pending: Sample simply detected, ready for entry affirmation
- Triggered: Entry value reached, commerce is energetic
- Goal Hit: Value reached take revenue stage (sign turns inexperienced)
- Cease Hit: Value hit cease loss (sign turns purple)
- Cancelled: Sign invalidated earlier than entry (sign disappears or grays out)
You possibly can watch your alerts evolve in real-time with out opening any menus or panels.
Settings You Can Modify
Listed here are the primary settings that management how the indicator finds and shows Headstone Doji patterns:
| Setting | What It Does | Default | When to Change It |
|---|---|---|---|
| ATR Interval for volatility | Variety of bars used to calculate ATR (Common True Vary), which normalizes all thresholds to present market volatility | 14 | Improve to twenty+ for smoother volatility measurement on noisy markets; lower for sooner response |
| Max Bars to Scan (historical past depth) | What number of historic bars the indicator scans on first load to seek out and show previous patterns | 3000 | Improve for extra historical past on increased timeframes; lower to hurry up loading |
| Min Bars Between Patterns | Minimal hole between two consecutive detected alerts, stopping overlapping alerts on the identical transfer | 3 | Improve to 5-7 if alerts cluster too intently; lower to 1-2 to permit extra alerts |
| Detection Preset | Switches between Customary (relaxed, ~36% move price), Strict (tight standards, ~10% move price), and Customized (user-defined) threshold units | PRESET_STANDARD | Swap to Strict for increased conviction reversals; use Customized to fine-tune particular person parameters |
| High quality Rating Filter (sample energy) | Permits the standard filter — solely patterns scoring at or above InpMinQuality will seem on the chart | true | Disable just for research/analysis functions; hold enabled for dwell buying and selling |
| Min High quality (0.0-1.0, 0.30=relaxed) | Minimal high quality rating a sample should obtain to be displayed | 0.30 | Elevate to 0.50+ to see fewer however stronger alerts; decrease to 0.20 for extra frequent alerts on liquid markets |
| (Customized) Max Physique Ratio (Std=0.15, Strict=0.10) | Most allowed physique dimension as a ratio of whole candle vary — decrease means tighter, extra doji-like our bodies | 0.15 | Lower to 0.10 for stricter doji definition; enhance to 0.20 on uneven markets the place good dojis are uncommon |
| (Customized) Min Higher Shadow Ratio (Std=0.50, Strict=0.65) | Minimal higher shadow dimension as a ratio of whole candle vary — controls how pronounced the inverted T-shape should be | 0.50 | Improve to 0.65-0.70 for stronger rejection alerts; hold decrease (0.40-0.50) on intraday for extra alerts |
| (Customized) Max Decrease Shadow Ratio (Std=0.25, Strict=0.15) | Most allowed decrease shadow as a ratio of whole candle vary — controls inverted T-shape cleanliness | 0.25 | Lower to 0.15 for cleaner inverted T-shapes; enhance to 0.35 if alerts are too uncommon on risky markets |
| (Customized) Min Vary/ATR (Std=0.30, Strict=0.50) | Minimal candle vary as a a number of of ATR — ensures the doji represents significant value motion | 0.30 | Improve to 0.50+ for bigger, extra vital rejections; hold decrease (0.20-0.30) on tight-range days |
| (Customized) Shut Match ATR (Std=0.30, Strict=0.20) | Most distance from near low, expressed as ATR multiples — measures how near-bottom the shut is | 0.30 | Lower to 0.20 for tighter close-to-low matching (stricter doji); enhance to 0.40 if alerts are uncommon |
| SL Buffer (xATR above sample Excessive) | Additional buffer added above the sample excessive when inserting the cease loss, in ATR multiples | 0.10 | Improve to 0.15-0.20 on risky markets to keep away from untimely stop-outs; lower on calmer markets for tighter threat |
Settings Ideas
- Begin with all default settings and let the indicator run for a couple of days to see the way it performs in your most popular market and timeframe
- For those who get too many alerts, swap the Detection Preset to Strict or elevate the Min High quality threshold to 0.50
- If alerts are too uncommon, hold the Detection Preset at Customary and contemplate elevating the Max Physique Ratio to 0.20 or decreasing the Min Higher Shadow Ratio to 0.45
- On very uneven markets, enhance the Min Vary/ATR threshold to 0.50 so solely vital rejections are detected
- All the time backtest any setting adjustments earlier than utilizing them on a dwell account
Greatest Timeframes and Markets
Really useful Timeframes
- M15 — High quality: Medium | Frequency: Excessive | Greatest for: Scalpers who need frequent intraday Headstone Doji reversals on energetic periods
- H1 — High quality: Excessive | Frequency: Medium | Greatest for: Day merchants who need clear intraday reversal setups, particularly on XAUUSD at each day pivots
- H4 — High quality: Excessive | Frequency: Decrease | Greatest for: Swing merchants who need well-formed doji reversals with sturdy follow-through potential
- D1 — High quality: Highest | Frequency: Low | Greatest for: Place merchants looking for textbook-quality reversal alerts at main each day resistance ranges
Greatest Markets
- XAUUSD (Gold): Sturdy reversal habits at resistance ranges on H1 and H4 — Headstone Doji patterns at key support-turned-resistance usually precede vital selloffs
- Main foreign exchange pairs (EURUSD, GBPUSD, USDJPY): Good sign high quality on H1 and above, particularly at spherical numbers and each day pivots the place vendor strain clusters
- Indices (US30, NAS100): Reversal patterns are frequent at resistance zones; greatest on H1 and H4 the place each day construction is preserved
- Oil (USOIL): Headstone Doji patterns kind ceaselessly at resistance ranges after sharp rallies — greatest on H1 and H4
The indicator works on any image and timeframe, however these mixtures have a tendency to provide probably the most dependable reversal alerts.
Getting Began — Fast Setup
Comply with these steps to start out utilizing GravestoneDojiTradingSystem:
- Open MetaTrader 5 and cargo your chart (really helpful: XAUUSD on H1 or H4 for the clearest preliminary alerts)
- Within the Navigator panel (Ctrl+N), develop ‘Indicators’ → ‘Customized’ and discover GravestoneDojiTradingSystem
- Drag the indicator onto your chart
- Within the settings dialog, choose your most popular Detection Preset (Customary really helpful for novices) and click on OK to use — the indicator will scan historical past and show detected patterns instantly
- Watch for brand new alerts forming in real-time — red-colored doji candles with downward arrows point out Headstone Doji patterns; test the standard rating label to gauge sign energy
- After observing a number of alerts, modify the Min High quality threshold if wanted: elevate it should you’re seeing too many marginal setups, decrease it if alerts are too rare
- Optionally available: Allow alerts within the ALERTS part to get popup or push notifications for brand new alerts so that you by no means miss a reversal setup
That is it! The indicator is now scanning your charts robotically and can provide you with a warning when high-quality Headstone Doji patterns seem.
All Options at a Look
- Automated Headstone Doji bearish reversal sample detection on any image and timeframe
- 6-factor weighted high quality scoring (doji high quality 1.00, higher shadow 0.85, decrease shadow 0.70, route change 0.90, vary/ATR 0.60, vary engulfing 0.50)
- 3 detection presets: Customary (~36% move price), Strict (~10% move price), Customized (user-defined thresholds)
- Configurable prior bar bullish requirement to substantiate uptrend context earlier than accepting a sign
- Tight physique detection with configurable physique ratio thresholds
- Sign states and lifecycle monitoring (Pending → Lively → Completed)
- High quality filter to reject weak patterns beneath threshold
- Excessive zone filter (overbought/oversold rejection)
- Stoploss hunt filter (liquidity sweep validation)
- Reverse sign filter (forestall conflicting alerts)
- Danger/Reward with 3 cease loss strategies (Donchian, ATR, Sample)
- As much as 4 take revenue ranges (TP1-TP4)
- Donchian Channel trailing cease loss
- MTF Scanner (as much as 150 symbols × 8 timeframes)
- Market construction evaluation (BOS / CHOCH)
- 4-channel alert system (popup, sound, push, e-mail)
- Sign statistics dashboard
- Skilled chart themes (Darkish, Gentle, Customized)
- EA sign buffers for automated buying and selling
For detailed guides on every function, see the MANUAL included with the indicator.
Widespread Questions
Q: Why is that this sample bearish solely?
The Headstone Doji is inherently a bearish reversal sample — the lengthy higher shadow plus tight physique on the backside present vendor rejection of upper costs and a shift in momentum towards the draw back. The bullish equal can be a Dragonfly Doji or totally different sample completely. This indicator focuses on Headstone Doji as a bearish entry sign.
Q: What is the distinction between Customary and Strict presets?
Customary permits extra alerts (~36% of candidates move) with relaxed thresholds — splendid while you need extra buying and selling alternatives or are buying and selling on intraday timeframes the place good dojis are much less frequent. Strict makes use of tighter specs (~10% move price) for increased conviction reversals. Begin with Customary and swap to Strict should you’re getting too many alerts or desire fewer, higher-quality setups.
Q: How do I scale back the variety of false alerts?
Allow the High quality Filter (default 0.30) and lift it to 0.50+ for fewer however stronger alerts. You may also swap to the Strict Detection Preset, lower the Max Physique Ratio to 0.10 for stricter doji definition, enhance the Min Higher Shadow Ratio for stronger rejections, or allow the Path Filter to solely settle for alerts that align with the general pattern.
Q: Why does the cease loss generally appear vast?
The SL is positioned above the sample excessive plus an ATR buffer (default 0.10 × ATR) to account for regular intrabar retracements and market noise. You possibly can swap to the ATR-based SL technique in settings for tighter stops, however bear in mind this may increasingly enhance false stop-outs on risky devices like XAUUSD. The Donchian Channel technique adapts SL to latest value construction and is an efficient center floor.
Q: What if I do not see many Headstone Doji patterns?
Headstone Doji patterns are much less frequent than different candlestick patterns as a result of the necessities are strict (tight physique + lengthy higher shadow + prior bullish bar). That is truly a very good signal — it means you are seeing high quality reversals fairly than noise. For those who want extra alerts, decrease the Min High quality threshold to 0.20 or swap to intraday timeframes (M15, H1) the place extra reversals happen. You may also modify the Max Physique Ratio to 0.20 on uneven days.
Q: How does the prior bar bullish requirement work?
The indicator checks that the bar instantly earlier than the Headstone Doji is bullish (shut above open) to substantiate uptrend context. This ensures you are catching a real reversal after established shopping for, not a random doji in sideways consolidation. You possibly can disable this requirement in settings if you wish to catch reversals throughout range-bound buying and selling as properly.
What’s New — Model 1.00
That is the 1.00 launch of GravestoneDojiTradingSystem. Key options embody:
- Headstone Doji bearish reversal sample detection throughout all timeframes and symbols
- 6-factor high quality scoring system evaluating physique tightness, higher shadow energy, decrease shadow cleanliness, prior uptrend affirmation, vary significance, and prior candle engagement
- Customary and Strict detection presets, plus absolutely customizable threshold mode
- Prior bar bullish affirmation to make sure reversal context
- 7-layer filter system (High quality, Excessive Zone, Path, Stoploss Hunt, Sign Zone, Market Construction, Reverse Sign)
- Multi-timeframe scanner overlaying as much as 150 symbols and eight timeframes concurrently
- Automated Entry/SL/TP buying and selling ranges with Donchian Channel trailing cease
- 4-channel alert system (popup, sound, push notification, e-mail)
- EA sign buffers enabling automated buying and selling methods to eat Headstone Doji alerts straight
- Skilled chart themes (Darkish, Gentle, Customized) for snug long-session use
Getting Assist
When you’ve got questions or want assist:
I am dedicated to serving to you get probably the most out of this indicator.
Able to Begin?
GravestoneDojiTradingSystem is designed to save lots of you time and enable you to discover high-probability Headstone Doji reversal patterns robotically. Connect the indicator to your chart and begin with the default settings — you’ll be able to fine-tune all the things later as you get snug with the way it works.
Joyful buying and selling!
Ich Khiem Nguyen
GravestoneDojiTradingSystem 1.00 — Created 2026-02-23