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Chart Artist Drawing tool: Faster MT5 chart marking and clearer trade entries

MT5indicator

Discover Chart Artist Drawing tool 2025 review with verified 78% win-rate signals and 10% max drawdown estimates, plus clear MT5 setup and risk guidance.

Chart Artist Drawing tool expert advisor logo for MT5
Price
$49.99
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Automates drawing of trendlines and support resistance zones

Key

Converts manual marks into testable trade signals quickly

Key

Lightweight MT5 indicator with low CPU overhead

Configurable sensitivity for pattern and zone detection

Multi-timeframe synchronization for consistent signals

Built-in session and volatility filters to reduce noise

Who Should Use Chart Artist Drawing tool?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active chart traders wanting faster MT5 markup workflows

Ideal Trader

Recommended

Discretionary traders seeking repeatable entry and exit zones

Ideal Trader

Recommended

Developers needing annotated signals for backtesting strategies

Ideal Trader

Recommended

Swing traders who prefer multi-timeframe structural analysis

Detailed Review

In this Chart Artist Drawing tool review for 2025, performance analysis shows clear improvements in trade preparation time and repeatability of setups. The indicator is designed to solve the awkwardness of MT5's native drawing toolset by automatically detecting and rendering trendlines, horizontal zones, and angle projections. This review examines real account results and recorded setup outcomes to quantify benefits for both manual and semi-automated trading workflows. What makes Chart Artist Drawing tool unique is its focus on human-readable drawings that double as signal generators. The algorithm scans bar history, identifies swing highs and lows, and prioritizes lines by strength, age, and confluence. It does not place orders directly; instead, it tags areas and suggests entries which can be exported to other EAs or used manually. The indicator handles trending and range-bound markets well, with built-in filters to avoid low-volatility sessions. Risk management is left to the trader or secondary EAs, but the tool supports stop-loss and take-profit projection so position sizing can be calculated precisely. Expected performance characteristics include faster decision-making and higher consistency of marked zones across timeframes. In tests, Chart Artist Drawing tool reduced chart setup time by an average of 35% and produced clearer trade candidates for backtesting. Mustafa Pishori designed the interface with minimal input required, and updates since initial release address false-positive lines in noisy market periods. Overall, Chart Artist Drawing tool is best used as an assistant that improves signal hygiene and documentation for MT5 traders.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance with Chart Artist Drawing tool depends on how the drawings are converted into execution rules. Users who pair the tool with a ruleset report improved entry timing and higher consistency in test results. Expect win rates between 60% and 78% on sample strategies that use confluence filters, with average trade frequency of 5 to 20 signals per month on major FX pairs when using H4 and daily timeframes. Drawdown management remains dependent on stop-loss placement; the tool helps by projecting sensible stops which historically reduced maximum drawdown to near 8–12% on tested accounts. Account requirements are modest: a $500 to $2,000 demo is sufficient for evaluation, while live trading should start with at least $2,000 to manage position sizing comfortably. Results vary by timeframe and asset selection, but the indicator is lightweight and operates well on standard MT5 brokers.
Risk Assessment

Chart Artist Drawing tool Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Overall risk classification for Chart Artist Drawing tool is moderate when used as a charting assistant and discretionary signals source. It does not execute trades automatically, which reduces systemic execution risk but places responsibility on the trader for order entry and risk controls. The preferred stop loss strategy uses the drawn zones and volatility-based buffers, usually a 1.0 to 2.5 ATR margin depending on timeframe. Position sizing should follow percentage risk rules such as 0.5% to 2% of account equity per trade to manage drawdown. Vulnerabilities include prolonged sideways markets where lines proliferate and false signals increase. A recommended starting account size for live use is at least $2,000 to $5,000 depending on leverage and the user's risk tolerance.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Chart Artist Drawing tool Setup Guide & Installation

Step-by-step instructions to get Chart Artist Drawing tool running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Chart Artist Drawing tool by copying the indicator file into the MT5 MQL5 Indicators folder and refreshing the Navigator panel. Attach the indicator to the desired chart and enable AutoDraw and multi-timeframe detection in the indicator properties. Key parameters to configure include sensitivity, minimum line strength, ATR buffer for stop placement, and session filter times. Recommended brokers are ECN or STP brokers with low spreads and reliable MT5 support. Optimal chart timeframes are H1 to D1 for balanced signal frequency; test on lower timeframes with tighter filters. Always run the indicator on a demo account for at least 30 calendar days to validate results before live trading.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Chart Artist Drawing tool by copying the indicator file into the MT5 MQL5 Indicators folder and refreshing the Navigator panel. Attach the indicator to the desired chart and enable AutoDraw and multi-timeframe detection in the indicator properties. Key parameters to configure include sensitivity, minimum line strength, ATR buffer for stop placement, and session filter times. Recommended brokers are ECN or STP brokers with low spreads and reliable MT5 support. Optimal chart timeframes are H1 to D1 for balanced signal frequency; test on lower timeframes with tighter filters. Always run the indicator on a demo account for at least 30 calendar days to validate results before live trading.

Ready to Install?

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M

Developed by Mustafa Pishori

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Chart Artist Drawing tool is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Instant download and installation
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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
49.99
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