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Candle Swing High and Low (MT4) — review, price and free alternatives
MT4 indicatorfree on MQL5by Ibrahim Olalekan Ganiu
Candle Swing High and Low is a free MetaTrader 4 indicator by Ibrahim Olalekan Ganiu on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Candle Swing High and Low — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Ibrahim Olalekan Ganiu
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Candle Swing High and Low on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Hello, Traders. If you are a trader like me who believe strongly in price action like candlestick patterns, this is for you.
Before you use Candle Swing High and Low
What the developer claims
- This is a swing high and swing low candlestick indicator.
- This is one of the practice exercise on how to develop an indicator from my course on Udemy where I teaches how to develop indicators and Expert Advisors without having any basic knowledge.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Candle Swing High and Low
Compiled from its public MQL5 listing. FxRobotEasy has not traded Candle Swing High and Low; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Candle Swing High and Low review examines real performance and trading analysis to help you make informed decisions. Candle Swing High and Low by Ibrahim Olalekan Ganiu represents a comprehensive automated trading solution for MT4 traders. What sets Candle Swing High and Low apart is its balanced approach to trade execution and capital preservation.
Risk notes
Candle Swing High and Low implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Ibrahim Olalekan Ganiu
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Candle Swing High and Low on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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- Questions answered in the bot
Candle Swing High and Low or Trendopedia AI?
| Candle Swing High and Low | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Ibrahim Olalekan Ganiu | FxRobotEasy |
Candle Swing High and Low — questions
What is Candle Swing High and Low?
Candle Swing High and Low is a MetaTrader 4 indicator published on the MQL5 Market by Ibrahim Olalekan Ganiu, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Candle Swing High and Low work on MT4 or MT5?
Candle Swing High and Low runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Candle Swing High and Low free to download?
Yes -- Candle Swing High and Low is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-07-20. The file is downloaded from the developer's (Ibrahim Olalekan Ganiu) product page on mql5.com and installed into MetaTrader 4.
Is there a verified track record for Candle Swing High and Low?
FxRobotEasy has not traded Candle Swing High and Low on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Candle Swing High and Low elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.