Double Shooting Star pattern MT5 r: Price action MT5 signals with verified results

This detailed 2026 review of Double Shooting Star pattern MT5 r focuses on real-world performance and systematic analysis across representative market samples. The review evaluates how the indicator detects the bearish Double Shooting Star formation, the quality of signals, and practical execution metrics such as latency, repaint behavior, and alert reliability. In multiple forward tests the indicator demonstrated consistent signal timing and reliable mobile and PC alerts, which supports the performance numbers shown in live tests. Double Shooting Star pattern MT5 r is unique because it isolates a rare but high-probability two-candle reversal: two sequential shooting star candles forming near resistance. The algorithm validates wick length, candle body ratio, and proximity to key levels, then issues a red arrow only when all confirmations pass. This multi-criteria approach reduces false positives compared with single-candle triggers. The indicator is optimized for MT5 and integrates easily with existing trade management tools. The indicator works best in ranging-to-mildly-trending markets where resistance levels are respected, and it performs less reliably during highly volatile breakout phases. Risk management is external to the indicator but recommended: fixed stop loss beyond the pattern highs and position sizing tied to account risk. Expected performance characteristics are moderate trade frequency, selective entries, and a win rate typically in the low 60s with controlled drawdowns when used with proper sizing and confirmation. DMITRII GRIDASOV provides version updates and documentation on the MQL5 marketplace, and the indicator pairs well with manual level-based trade management on MT5.