Red Indicator Quant Atlas
by Sofien Kaabar · MT5
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Summary
Red and Green Light Indicators is an MT5 indicator by Fang Yu Lin priced at $999.99. Its rating is N/A/5 and verified performance stats are not available. For many retail traders the price and lack of public results make lower-cost, well-rated alternatives attractive. Options like PZ Stop And Reverse EA MT5 ($149) and Market Anomalies EA ($99) offer proven developer reputations and lower entry costs. Remember broker spreads, execution rules and drawdown risks matter; FxRobotEasy independently reviews all products and recommends testing on demo accounts before any purchase.
Retail forex traders compare Red and Green Light Indicators with alternatives to weigh cost, transparency and fit for their strategy. At $999.99 and listed as an MT5 indicator by Fang Yu Lin, the product carries no public rating and no verified performance stats are available, which prompts traders to consider other tools. Alternatives include timers, EAs and pattern extractors at lower price points and high ratings. Platform realities such as broker rules, spreads, margin and potential drawdowns affect live results. FxRobotEasy independently reviews all products to help traders make informed, risk-aware choices.
| Metric | Red and Green Light IndicatorsMain Product | Trendopedia Ai Our bot | Red Indicator Quant Atlas | Rectangle editor | Red Zone Monitor | Recognizer 1 2 3 Patterns |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | 0.0 |
| Price | $999.99 | $149 | N/A | N/A | $49 | N/A |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Red and Green Light Indicators is an MT5 indicator developed by Fang Yu Lin and sold at $999.99. It is categorized as an indicator; the listing shows a rating of N/A/5 and no verified stats are available. Strengths may include a simple visual signal design and integration with MT5 charts, but the high price and absence of public performance data are notable weaknesses. This product may suit experienced discretionary traders who prefer visual cues and are comfortable paying a premium for proprietary indicators. Retail traders should account for broker rules, spread costs, slippage and drawdown risk when using indicators; signals do not execute trades themselves and require disciplined trade management. FxRobotEasy independently reviews all products and advises demo testing and strict risk controls before trading live.
by Sofien Kaabar · MT5
by Yeny Lucia Caro Useda · MT5
by Tatsuya Otani · MT5
by Gennadiy Stanilevych · MT5
Red and Green Light Indicators is a high-priced MT5 indicator by Fang Yu Lin at $999.99 with a rating of N/A/5 and no verified performance stats available. For most retail traders the combination of cost and lack of transparency will push them to consider lower-cost, well-rated alternatives like PZ Stop And Reverse EA MT5 ($149) or Market Anomalies EA ($99). Platform realities—broker spreads, execution, and drawdown risk—mean demo testing and disciplined money management are essential. FxRobotEasy independently reviews products and also offers verified bots that traders can review as alternative options.
Worth is subjective. Red and Green Light Indicators is an MT5 indicator priced at $999.99 by Fang Yu Lin, listed with a rating of N/A/5 and no verified performance stats available. Before buying, demo-test similar signals, evaluate whether visual cues fit your trading plan, and consider broker spreads and execution. For many traders lower-cost alternatives or EAs with transparent records may offer better risk-adjusted value.
The best alternative depends on your goals. If you want automation, PZ Stop And Reverse EA MT5 ($149) is a well-rated EA option. If you prefer low-cost pattern testing, Market Anomalies EA ($99) or Ultimate Extractor ($100) may fit. Some tools like Haven Candle Timer Countdown or Neon Shadow EA MT5 suit timing or MT5 automation needs. All alternatives listed show 5/5 ratings but no verified stats are available, so demo testing and risk controls remain necessary.
Choose based on strategy and workflow. Indicators provide signals for discretionary entries and require manual execution; EAs automate entry, exit and money management. Consider broker execution, spread sensitivity, slippage, and drawdown risk for both. Test on demo accounts with realistic spreads, review any available developer history, and prefer tools with transparent performance or independent reviews such as those from FxRobotEasy before trading live.
While evaluating Red and Green Light Indicators and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades