| 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 Strains & Sign Monitoring System | The system mechanically attracts Entry, Cease Loss, and Take Revenue traces (TP 1–4) on the chart, tracks value motion for hits, information Win/Loss outcomes, and shows real-time efficiency statistics. | |||
| Consumer Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Indicators | While you attachbn 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 mechanically scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid instantly in your chart. | |||
| Consumer Information : Chart Theme Consumer Information | Chart Theme is a characteristic that modifications the complete chart shade scheme in MetaTrader 5 — together with the background, candles, grid, textual content, and Bid/Ask traces — 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 development path (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (development continuation) and CHoCH (potential development 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 path and offers recommended entry, cease loss, and take revenue ranges. | |||
| 5 | SIGNAL FILTERS | Filters that refine and validate buying and selling indicators | ||
| Consumer Information: Commerce Route (Route Filter) within the Buying and selling System | Defines the allowed buying and selling path (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than looking for entry indicators, based mostly on present market development. | |||
| Consumer Information: Sign Zone Filter within the Buying and selling System | Eliminates indicators not close to vital 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” Indicators | Identifies higher-probability indicators 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 characteristic that helps keep away from getting into trades when value is on the high or backside of a Donchian value channel. | |||
| Consumer Information: Reverse Sign Filter | The Reverse Sign Filter is an computerized characteristic that forestalls new indicators from showing when you have already got an lively commerce working in the other way.The precept could be very easy: Do not buy if you’re promoting. Do not promote if you’re shopping for. | |||
| Consumer Information : High quality Filter Consumer Information | High quality Filter is a characteristic that helps you obtain solely one of the best indicators — value patterns fashioned clearly, with balanced proportions and excessive reliability — and reject weak indicators, uninteresting patterns, and people under normal. | |||
| 6 | TRADE MANAGEMENT | |||
| Consumer Information : Threat/Reward & SL Technique Consumer 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. | |||
| Consumer Information: Trailing Cease Loss (TSL) Consumer Information | Common Cease Loss (SL) stays fastened 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 mechanically strikes in your favor when value advances. As value strikes up, TSL strikes up with it. When value stalls or reverses, TSL holds one of the best 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 throughout 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 indicators are detected. | |||
| 7 | SYSTEM RISKS & LIMITATIONS | Notes on system dangers and limitations |
1. INTRODUCTION
What’s SeparatingLinesTradingSystem?
SeparatingLinesTradingSystem helps you see Separating Strains patterns in your MetaTrader 5 charts — mechanically. The indicator scans each candle, identifies high-probability development continuation setups, and reveals you solely one of the best alternatives with clear entry factors, cease losses, and revenue targets already calculated. It really works on any market and any timeframe, letting you journey the dominant development with confidence as an alternative of second-guessing each candle.
What Are Separating Strains Patterns?
Separating Strains are two-candle continuation patterns that verify the dominant development is resuming after a short counter-move. Not like reversal patterns, these let you know the development will not be completed — the pullback was a entice, and value is able to proceed within the unique path.
Bullish Separating Strains (Bullish Continuation)
A Bullish Separating Strains sample types throughout an uptrend. The market pulls again with a bearish candle (the setup candle) — sellers seem like taking management. Then the subsequent candle opens at the very same value because the setup candle’s open. From that shared open, consumers push the worth strongly upward, closing properly above the place the session began. This similar open value is the important thing sign: the market returned to the identical place to begin and instantly resumed the uptrend, separating from the pullback.
Bearish Separating Strains (Bearish Continuation)
A Bearish Separating Strains sample types throughout a downtrend. The market bounces with a bullish candle (the setup candle) — consumers seem like taking management. Then the subsequent candle opens at the very same value because the setup candle’s open. From that shared open, sellers push the worth strongly downward, closing properly under the place the session began. The matching open value indicators that the temporary bounce was exhausted, and the downtrend is resuming.
While you see these patterns forming within the path of a transparent development, they turn out to be dependable indicators that the development has power left to proceed.
How the Indicator Finds Patterns
The indicator scans your charts in real-time and checks every potential sample towards a number of high quality necessities:
- Open match verify: Confirms that the sign candle opens at roughly the identical value because the setup candle’s open — that is the core requirement of the sample and have to be inside a decent tolerance.
- Pattern context verify: Verifies {that a} clear prior development exists within the appropriate path earlier than the sample types, so the continuation sign is sensible.
- Candle physique power verify: Measures that each the setup candle and the sign candle have substantial our bodies, filtering out indecisive candles that produce weak indicators.
- Shut place verify: Confirms the sign candle closes strongly inside its vary, displaying actual dedication from consumers or sellers within the development path.
Solely patterns that go 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 check. This helps you give attention to one of the best buying and selling alternatives.
What the Rating Means
The indicator evaluates 5 elements to calculate the rating. A very powerful issue is how carefully the 2 candle opens match — a virtually similar open indicators sturdy market reminiscence and provides probably the most to the rating. Subsequent, the sign candle physique dimension relative to latest volatility reveals how dedicated the market is to resuming the development. The prior development power, the setup candle physique dimension, and the place the sign candle closes inside its vary spherical out the ultimate rating.
| Issue | Weight | What It Measures |
|---|---|---|
| Open Match | 30% | How exactly the 2 candle opens align |
| Sign Physique (ATR) | 25% | Sign candle physique dimension vs. latest volatility |
| Pattern Context | 20% | Energy of the prior development |
| Setup Physique (ATR) | 15% | Setup candle physique dimension vs. latest volatility |
| Shut Place | 10% | The place the sign candle closes inside its vary |
| Grade | Rating Vary | High quality Stage |
|---|---|---|
| A | 80-100% | Glorious — Finest indicators |
| B | 60-79% | Good — Dependable setups |
| C | 40-59% | Common — Wants affirmation |
| D | 20-39% | Under Common — Dangerous |
| F | 0-19% | Poor — Keep away from |
High quality Threshold Setting
By default, the indicator solely reveals patterns scoring 30% or greater (Min High quality = 0.30). You may alter this within the settings:
- Elevate to 50-70%: See solely one of the best indicators (fewer however greater high quality)
- Decrease to twenty%: See extra indicators (extra frequent however blended high quality)
- Tip: Begin with the default 30% and alter based mostly in your backtest outcomes
What You See on the Chart
When the indicator detects a Separating Strains sample, it attracts all the things it’s essential to know instantly on the chart:
Sign Markers
- Arrow icons: An amber upward arrow seems under the sign candle for bullish patterns; an amber downward arrow seems above the sign candle for bearish patterns. Arrows are positioned on the sign candle’s shut bar.
- High quality labels: A rating label (e.g., “SL 78%”) seems subsequent to the arrow, displaying the sample grade at a look.
Buying and selling Strains
- Entry line: An amber horizontal line on the sign candle’s shut value — that is your instant entry degree.
- Cease Loss line: A purple horizontal line under the sample low (bullish) or above the sample excessive (bearish), with a small ATR buffer added for security. Labeled “SL”.
- Take Revenue traces: 4 inexperienced horizontal traces above (bullish) or under (bearish) the entry, labeled TP1 (1.0R), TP2 (1.5R), TP3 (2.0R), and TP4 (3.0R).
Visible Zones
- Sample spotlight: A shaded amber field covers the two-candle sample, making it simple to see the setup and sign candles collectively.
- Monitoring dots: Small coloured dots path the sign as value strikes, displaying whether or not the sign continues to be lively, has hit a goal, or has been stopped out.
Sign Lifecycle
Indicators progress via totally 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: Worth reached take revenue degree (sign turns inexperienced)
- Cease Hit: Worth hit cease loss (sign turns purple)
- Cancelled: Sign invalidated earlier than entry (sign disappears or grays out)
You may watch your indicators evolve in real-time with out opening any menus or panels.
Settings You Can Alter
Listed below are the primary settings that management how the indicator finds and shows Separating Strains patterns:
| Setting | What It Does | Default | When to Change It |
|---|---|---|---|
| ATR Interval for volatility | Variety of bars for the Common True Vary calculation utilized in all volatility measurements | 14 | Use 10 for quicker adaptation on intraday charts; use 20 for smoother ATR on each day charts |
| Max Bars to Scan (historical past depth) | What number of historic bars the indicator processes when loading on a chart | 3000 | Decrease to 1000-2000 for quicker loading; elevate to 5000 should you want deeper historical past |
| Min Bars Between Patterns | Minimal hole between two detected patterns — prevents sign clustering | 3 | Elevate to 5-10 on decrease timeframes to cut back noise; decrease to 1-2 if indicators are too uncommon |
| Open Match Tolerance (xATR, 0.25=balanced) | Most allowed distinction between the 2 candle opens, expressed as a fraction of ATR — the core structural requirement | 0.50 | Decrease to 0.25 for stricter open matching (fewer however purer indicators); elevate to 0.75 if indicators are too uncommon |
| Min Physique/Vary (each bars, filter doji 0.15=15%) | Minimal candle physique dimension as a ratio of the complete candle vary — filters out doji and spinning-top candles | 0.15 | Elevate to 0.25 for stricter physique necessities; decrease to 0.10 on quieter markets |
| Min Sign Physique/ATR (significance, 0.25=normal) | Minimal physique dimension of the sign candle relative to ATR — ensures the continuation candle has actual momentum | 0.25 | Elevate to 0.40 for stronger momentum requirement; decrease to 0.15 if indicators are too uncommon |
| Min Setup Physique/ATR (counter-trend, 0.20=normal) | Minimal physique dimension of the setup (counter-trend) candle relative to ATR — ensures the pullback had substance | 0.20 | Decrease to 0.15 on smaller timeframes; elevate to 0.30 for stricter pullback necessities |
| Require Pattern Bars Earlier than Sample (1=balanced) | Variety of consecutive trending bars required earlier than the sample to verify development context | 2 | Elevate to 3-5 for stricter development requirement; decrease to 1 for extra versatile detection |
| SL Buffer (xATR above/under sample) | Additional distance added past the sample excessive/low for the cease loss, in ATR models | 0.10 | Elevate to 0.20 on unstable pairs to keep away from cease hunts; maintain at 0.10 for tight administration |
| Pattern SMA Interval (0=disable) | Variety of bars used for the SMA-based development evaluation; set to 0 to disable this filter completely | 20 | Use 10-15 for shorter-term development detection; use 30-50 for longer-term development context; 0 to disable |
| Min High quality (0.0-1.0, 0.30=relaxed) | Minimal high quality rating a sample should obtain to be displayed on the chart | 0.30 | Elevate to 0.50-0.70 for fewer however higher-quality indicators; decrease to 0.20 for extra indicators |
Settings Ideas
- Begin with all default settings and observe the indicator for a couple of days earlier than making modifications
- The Open Match Tolerance is probably the most delicate setting — even small modifications considerably have an effect on what number of patterns are detected
- Should you commerce on H1 or smaller, take into account reducing Require Pattern Bars Earlier than Sample to 1 for extra responsive detection
- The Min High quality filter at 0.30 is relaxed by default — elevate to 0.50+ when you’re snug with the sample
- All the time check any setting modifications on a demo account or via the Technique Tester earlier than making use of to reside buying and selling
Finest Timeframes and Markets
Really useful Timeframes
| Timeframe | Sign High quality | Sign Frequency | Finest For |
|---|---|---|---|
| M15 | Average | Excessive | Intraday scalpers who need frequent entries throughout sturdy trending periods |
| H1 | Good | Average | Day merchants on the lookout for dependable intraday continuation setups |
| H4 | Glorious | Low | Swing merchants looking for high-quality setups with cleaner development context |
| D1 | Glorious | Very Low | Place merchants wanting the strongest development affirmation indicators |
Finest Markets
- XAUUSD (Gold): Glorious outcomes — Gold’s sturdy directional trending behaviour makes Separating Strains extremely dependable on H1 and H4.
- EURUSD: Works properly on H1 and H4 throughout lively London and New York periods when tendencies are well-defined.
- GBPUSD: Good outcomes on H4 and D1; the pair’s directional strikes produce clear two-candle buildings.
- US30 (Dow Jones): Sturdy indicators on H4 and D1 throughout trending market situations.
- NAS100 (Nasdaq 100): Finest on H4 and D1; the index’s trend-driven behaviour fits continuation sample logic.
The indicator works on any image and timeframe, however these mixtures have a tendency to provide probably the most dependable indicators.
Getting Began — Fast Setup
Comply with these steps to start out utilizing SeparatingLinesTradingSystem:
- Open MetaTrader 5 and cargo a chart — begin with XAUUSD on the H1 or H4 timeframe for one of the best preliminary expertise.
- Within the Navigator panel (Ctrl+N), develop the Indicators part and discover SeparatingLinesTradingSystem.
- Double-click the indicator identify or drag it onto your chart.
- A settings window seems — click on OK to make use of the default settings for now.
- The indicator will instantly scan historic bars and show any detected patterns with amber arrows and buying and selling traces.
- Watch for brand new indicators over the subsequent few hours or days, being attentive to the standard rating proven subsequent to every arrow.
- After observing a dozen or extra indicators, alter the High quality Threshold upward if you’d like fewer, higher-quality indicators — or allow alerts within the Notifications part so that you by no means miss a setup.
That is it! The indicator is now scanning your charts mechanically and can provide you with a warning when high-quality Separating Strains patterns seem.
All Options at a Look
Sample-Particular Options
- Open-match precision scoring (30% weight) — the dominant high quality issue that distinguishes true Separating Strains from lookalike patterns
- Twin-candle physique validation utilizing ATR-relative measurements for each the setup and sign candles
- Prior development context scoring to make sure continuation indicators seem in real trending situations
- Shut-position evaluation to verify the sign candle finishes strongly within the development path
- Fast entry at sign candle shut with pre-calculated SL and 4 TP ranges (1R, 1.5R, 2R, 3R)
The next professional-grade options can be found throughout all our indicators:
| 3 | INTERFACE DISPLAY | Rationalization of the elements displayed on the chart | ||
| Consumer Information: Buying and selling Strains & Sign Monitoring System | The system mechanically attracts Entry, Cease Loss, and Take Revenue traces (TP 1–4) on the chart, tracks value motion for hits, information Win/Loss outcomes, and shows real-time efficiency statistics. | |||
| Consumer Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Indicators | While you attachbn 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 mechanically scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid instantly in your chart. | |||
| Consumer Information : Chart Theme Consumer Information | Chart Theme is a characteristic that modifications the complete chart shade scheme in MetaTrader 5 — together with the background, candles, grid, textual content, and Bid/Ask traces — 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 development path (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (development continuation) and CHoCH (potential development 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 path and offers recommended entry, cease loss, and take revenue ranges. | |||
| 5 | SIGNAL FILTERS | Filters that refine and validate buying and selling indicators | ||
| Consumer Information: Commerce Route (Route Filter) within the Buying and selling System | Defines the allowed buying and selling path (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than looking for entry indicators, based mostly on present market development. | |||
| Consumer Information: Sign Zone Filter within the Buying and selling System | Eliminates indicators not close to vital 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” Indicators | Identifies higher-probability indicators 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 characteristic that helps keep away from getting into trades when value is on the high or backside of a Donchian value channel. | |||
| Consumer Information: Reverse Sign Filter | The Reverse Sign Filter is an computerized characteristic that forestalls new indicators from showing when you have already got an lively commerce working in the other way.The precept could be very easy: Do not buy if you’re promoting. Do not promote if you’re shopping for. | |||
| Consumer Information : High quality Filter Consumer Information | High quality Filter is a characteristic that helps you obtain solely one of the best indicators — value patterns fashioned clearly, with balanced proportions and excessive reliability — and reject weak indicators, uninteresting patterns, and people under normal. | |||
| 6 | TRADE MANAGEMENT | |||
| Consumer Information : Threat/Reward & SL Technique Consumer 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. | |||
| Consumer Information: Trailing Cease Loss (TSL) Consumer Information | Common Cease Loss (SL) stays fastened 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 mechanically strikes in your favor when value advances. As value strikes up, TSL strikes up with it. When value stalls or reverses, TSL holds one of the best 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 throughout 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 indicators are detected. |
Frequent Questions
Q: What makes Separating Strains totally different from different continuation patterns?
The defining characteristic is the shared open value. Each candles — the counter-trend setup and the trend-resuming sign — open on the similar degree. This isn’t a coincidence; it means the market returned precisely to the start line of the pullback and instantly rejected that degree, resuming the development. This “reminiscence” at a particular value is a robust sign of institutional curiosity and makes the sample structurally distinct from flags, pullbacks, or inside bars.
Q: What’s the greatest timeframe for Separating Strains?
H4 and D1 produce probably the most dependable indicators as a result of longer timeframes have cleaner development context and fewer false strikes. For lively merchants, H1 provides a superb stability between sign high quality and frequency, particularly on XAUUSD and main foreign exchange pairs throughout peak session hours. Keep away from M5 and M15 until you’re an skilled scalper — decrease timeframes introduce extra market noise that may distort the open-match requirement.
Q: Why is the open match the dominant high quality issue (30% weight)?
The open match is the core structural requirement of the sample. With no near-identical open between the 2 candles, you should not have a Separating Strains sample — you have got one thing else. The nearer the opens match, the extra exactly the market has “separated” from the counter-trend transfer and resumed the unique path. A poor open match means the sign is ambiguous and must be handled with skepticism even when different elements rating properly.
Q: How is Separating Strains totally different from an Engulfing sample?
Each are two-candle patterns, however they serve reverse functions. An Engulfing sample is a reversal sign — the second candle’s physique fully engulfs the primary, indicating a full momentum flip. A Separating Strains sample is a continuation sign — each candles open on the similar value, and the second candle strikes within the path of the present development somewhat than reversing it. On a chart, the 2 patterns can look superficially related, however their market context (reversal vs. development continuation) and open-price behaviour are essentially totally different.
Q: When does the Separating Strains sample fail?
The most typical failure situations are: (1) the development is weak or already exhausted — at all times verify the broader development on a better timeframe earlier than getting into; (2) the sample types close to a serious assist/resistance degree the place the development is more likely to stall; (3) high-impact information occasions trigger the sign candle to hole or reverse sharply after the shut; (4) very low high quality rating (under 50%) the place the open match or physique sizes are marginal. Utilizing the built-in high quality filter and the Excessive Zone Filter considerably reduces the frequency of failed indicators.
What’s New — Model 1.00
That is the preliminary launch of SeparatingLinesTradingSystem. Key options embody:
- Automated Separating Strains sample detection on all timeframes with real-time scanning
- 5-factor high quality scoring system with open-match precision as the first issue
- Fast entry system with pre-calculated cease loss and 4 take revenue ranges (1R, 1.5R, 2R, 3R)
- ATR-based cease loss placement with configurable buffer to guard towards cease hunts
- Multi-timeframe scanner and dashboard to observe Separating Strains indicators throughout 9 timeframes and a number of symbols concurrently
- Full suite of 5 filter programs: High quality Filter, Excessive Zone Filter, Stoploss Hunt Filter, Reverse Sign Filter, and Session Filter
- Amber shade theme optimized for visibility on each gentle and darkish chart backgrounds
- Full alert and notification system with push, electronic mail, and pop-up assist
Getting Assist
When you have questions or want assist:
I am dedicated to serving to you get probably the most out of this indicator.
Able to Begin?
SeparatingLinesTradingSystem is designed to avoid wasting you time and show you how to discover high-probability Separating Strains patterns mechanically. Connect the indicator to your chart and begin with the default settings — you possibly can fine-tune all the things later as you get snug with the way it works.
Completely satisfied buying and selling!
Ich Khiem Nguyen
