| 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 | Clarification 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 strains (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 | Whenever 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 mechanically scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid immediately in your chart. | |||
| Consumer Information : Chart Theme Consumer Information | Chart Theme is a function that modifications the complete 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 | ||
| Consumer Information: Market Construction Performance within the Buying and selling System | Identifies development route (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (development continuation) and CHoCH (potential development reversal). | |||
| Consumer 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 route and supplies urged 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 trying to find entry alerts, based mostly on present market development. | |||
| Consumer Information: Sign Zone Filter within the Buying and selling System | Eliminates alerts not close to essential value zones, retaining solely these related to market constructions (swing excessive/low, BOS, CHoCH) to cut back noise. | |||
| Consumer Information: StoplossHunt Filter Consumer Information — Filtering “SL Sweep” Indicators | 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 coming 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 function that stops new alerts from showing when you have already got an energetic commerce working in the wrong way.The precept could be very easy: Do not buy whenever you’re promoting. Do not promote whenever 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 shaped clearly, with balanced proportions and excessive reliability — and reject weak alerts, uninteresting patterns, and people beneath commonplace. | |||
| 6 | TRADE MANAGEMENT | |||
| Consumer Information : Danger/Reward & SL Technique Consumer Information | Danger/Reward (R:R) is the ratio between the sum of money you settle for shedding (Danger) and the sum of money you anticipate to realize (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 completely 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 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
Creator: Ich Khiem Nguyen | MQL5: https://www.mql5.com/en/customers/khiemni/vendor
What’s GravestoneDojiTradingSystem?
GravestoneDojiTradingSystem helps you notice Headstone Doji patterns in your MetaTrader 5 charts — mechanically. 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, supplying you with extra time to focus in your buying and selling choices as an alternative of trying to find 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 power: consumers drive value sharply larger in the course of 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 stress to promoting curiosity, signaling a possible bearish reversal.
Bearish Headstone Doji (Reversal)
Seems after an uptrend as a reversal sign. The prior candle have to be bullish (shut above open), confirming upward momentum. Then the Headstone Doji varieties: 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 consumers 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 important shopping for stress, it turns into a strong sign for potential bearish reversal and development change.
The longer the higher shadow relative to the physique, the stronger the vendor rejection of upper costs. High quality Headstone Doji patterns typically precede important downtrends, making them beneficial entry factors for merchants in search of 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 varieties a Headstone Doji form — open and shut have to 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 verify uptrend context and set up that consumers managed the market earlier than the doji shaped, guaranteeing you are catching a real reversal slightly 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 based mostly on physique tightness (how doji-like), higher shadow power, 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 cross 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 features 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 power), 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 critical relative to current 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: Finest alerts, highest chance reversals
- Grade B (0.60 – 0.79) — Good: Dependable reversal setups value buying and selling
- Grade C (0.40 – 0.59) — Common: Wants further 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 larger. You possibly can modify this within the settings:
- Increase to 0.50-0.60: See solely the perfect alerts (fewer however larger high quality reversals)
- Decrease to 0.15-0.25: See extra alerts (extra frequent however combined high quality)
- Tip: Begin with the default 0.30 and modify based mostly in your backtest outcomes
What You See on the Chart
When the indicator detects a Headstone Doji sample, it attracts the whole lot you’ll want to know immediately on the chart:
Sign Markers
- Arrow icons: Purple 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, exhibiting how strongly the sample scored throughout all six high quality elements
Buying and selling Strains
- Entry line: An orange horizontal line positioned just under the sample low (entry buffer = 0.05 × ATR), exhibiting the precise Promote Cease set off degree
- Cease Loss line: A crimson 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 degree, labeled TP1 by means 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 varieties the Headstone Doji sign. Danger zone between entry and SL is shaded in crimson; reward zones between entry and every TP degree are shaded in progressively lighter inexperienced.
- Monitoring dots: Small coloured dots path beneath the sign candle and alter colour because the sign evolves — white for pending, yellow for triggered/energetic, inexperienced for goal hit, crimson for cease hit
Sign Lifecycle
Indicators progress by means 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 energetic
- Goal Hit: Worth reached take revenue degree (sign turns inexperienced)
- Cease Hit: Worth hit cease loss (sign turns crimson)
- 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 Regulate
Listed here are the principle 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 quicker 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 larger 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 Commonplace (relaxed, ~36% cross price), Strict (tight standards, ~10% cross price), and Customized (user-defined) threshold units | PRESET_STANDARD | Swap to Strict for larger conviction reversals; use Customized to fine-tune particular person parameters |
| High quality Rating Filter (sample power) | Allows the standard filter — solely patterns scoring at or above InpMinQuality will seem on the chart | true | Disable just for examine/analysis functions; preserve enabled for reside 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 | Increase 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 complete candle vary — decrease means tighter, extra doji-like our bodies | 0.15 | Lower to 0.10 for stricter doji definition; improve to 0.20 on uneven markets the place excellent dojis are uncommon |
| (Customized) Min Higher Shadow Ratio (Std=0.50, Strict=0.65) | Minimal higher shadow dimension as a ratio of complete candle vary — controls how pronounced the inverted T-shape have to be | 0.50 | Improve to 0.65-0.70 for stronger rejection alerts; preserve 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 complete candle vary — controls inverted T-shape cleanliness | 0.25 | Lower to 0.15 for cleaner inverted T-shapes; improve 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 important rejections; preserve 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); improve 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 danger |
Settings Suggestions
- 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
- In the event you get too many alerts, change the Detection Preset to Strict or increase the Min High quality threshold to 0.50
- If alerts are too uncommon, preserve the Detection Preset at Commonplace and take into account elevating the Max Physique Ratio to 0.20 or decreasing the Min Higher Shadow Ratio to 0.45
- On very uneven markets, improve the Min Vary/ATR threshold to 0.50 so solely important rejections are detected
- All the time backtest any setting modifications earlier than utilizing them on a reside account
Finest Timeframes and Markets
Beneficial Timeframes
- M15 — High quality: Medium | Frequency: Excessive | Finest for: Scalpers who need frequent intraday Headstone Doji reversals on energetic periods
- H1 — High quality: Excessive | Frequency: Medium | Finest for: Day merchants who need clear intraday reversal setups, particularly on XAUUSD at day by day pivots
- H4 — High quality: Excessive | Frequency: Decrease | Finest for: Swing merchants who need well-formed doji reversals with sturdy follow-through potential
- D1 — High quality: Highest | Frequency: Low | Finest for: Place merchants in search of textbook-quality reversal alerts at main day by day resistance ranges
Finest Markets
- XAUUSD (Gold): Sturdy reversal conduct at resistance ranges on H1 and H4 — Headstone Doji patterns at key support-turned-resistance typically precede important selloffs
- Main foreign exchange pairs (EURUSD, GBPUSD, USDJPY): Good sign high quality on H1 and above, particularly at spherical numbers and day by day pivots the place vendor stress clusters
- Indices (US30, NAS100): Reversal patterns are frequent at resistance zones; greatest on H1 and H4 the place day by day construction is preserved
- Oil (USOIL): Headstone Doji patterns type regularly 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 essentially the most dependable reversal alerts.
Getting Began — Fast Setup
Observe 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 (Commonplace really helpful for inexperienced persons) and click on OK to use — the indicator will scan historical past and show detected patterns instantly
- Watch for brand spanking new alerts forming in real-time — red-colored doji candles with downward arrows point out Headstone Doji patterns; examine the standard rating label to gauge sign power
- After observing a number of alerts, modify the Min High quality threshold if wanted: increase it for those who’re seeing too many marginal setups, decrease it if alerts are too rare
- Elective: Allow alerts within the ALERTS part to get popup or push notifications for brand spanking new alerts so that you by no means miss a reversal setup
That is it! The indicator is now scanning your charts mechanically and can warn you when high-quality Headstone Doji patterns seem.
All Options at a Look
- Computerized 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: Commonplace (~36% cross price), Strict (~10% cross price), Customized (user-defined thresholds)
- Configurable prior bar bullish requirement to verify 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, electronic mail)
- Sign statistics dashboard
- Skilled chart themes (Darkish, Mild, 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 could be a Dragonfly Doji or completely different sample fully. This indicator focuses on Headstone Doji as a bearish entry sign.
Q: What is the distinction between Commonplace and Strict presets?
Commonplace permits extra alerts (~36% of candidates cross) with relaxed thresholds — preferrred whenever you need extra buying and selling alternatives or are buying and selling on intraday timeframes the place excellent dojis are much less frequent. Strict makes use of tighter specs (~10% cross price) for larger conviction reversals. Begin with Commonplace and change to Strict for those who’re getting too many alerts or desire fewer, higher-quality setups.
Q: How do I cut 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 change to the Strict Detection Preset, lower the Max Physique Ratio to 0.10 for stricter doji definition, improve the Min Higher Shadow Ratio for stronger rejections, or allow the Path Filter to solely settle for alerts that align with the general development.
Q: Why does the cease loss typically appear large?
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 change to the ATR-based SL methodology in settings for tighter stops, however bear in mind this will likely improve false stop-outs on risky devices like XAUUSD. The Donchian Channel methodology adapts SL to current value construction and is an effective 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 really a superb signal — it means you are seeing high quality reversals slightly than noise. In the event you want extra alerts, decrease the Min High quality threshold to 0.20 or change 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 verify 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 nicely.
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 power, decrease shadow cleanliness, prior uptrend affirmation, vary significance, and prior candle engagement
- Commonplace and Strict detection presets, plus totally 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, electronic mail)
- EA sign buffers enabling automated buying and selling programs to eat Headstone Doji alerts immediately
- Skilled chart themes (Darkish, Mild, Customized) for snug long-session use
Getting Assist
In case you have questions or want assist:
I am dedicated to serving to you get essentially the most out of this indicator.
Able to Begin?
GravestoneDojiTradingSystem is designed to save lots of you time and enable you discover high-probability Headstone Doji reversal patterns mechanically. Connect the indicator to your chart and begin with the default settings — you may fine-tune the whole lot later as you get snug with the way it works.
Completely happy buying and selling!
Ich Khiem Nguyen
GravestoneDojiTradingSystem 1.00 — Created 2026-02-23