Fakeouts delivers MT5 fakeout detection for clearer entries and exits

This Fakeouts review from 2026 focuses on practical performance and technical analysis of liquidity sweep detection in live trading. Fakeouts is designed to spotlight short-lived structural breaks where liquidity is likely being grabbed before a return to the prior range. In this review we compare backtest samples to live results and discuss how the indicator signals and overlays appear on MT5 charts, with clear annotations that help traders decide whether to participate or wait for confirmation. The analysis emphasizes measurable outcomes: average trade duration, win rate range, and realized drawdown in varied market regimes. What makes Fakeouts unique is the combination of market structure rules with a liquidity-sweep heuristic rather than relying solely on volatility or indicator crossovers. The algorithm evaluates recent swing points, order-block context, and wick size relative to average true range to classify a movement as a genuine break or a fakeout. In practice Fakeouts produces signal clusters rather than single isolated alerts, and TECHAURORA - FZCO provides parameter presets for conservative and aggressive styles. The Review and Performance Analysis include sample equity curves, sensitivity comparisons, and explanations of how different settings affect false positive rates. Risk controls are integrated into the indicator through suggested stop placement, suggested position size relative to account equity, and optional trade filters that prevent entries during major news events. Expected performance characteristics include moderate win rates with favorable risk-reward setups on confirmed signals, and variability by timeframe: higher frequency on low timeframes and higher reliability on 1H–4H charts. Fakeouts is a decision-support indicator rather than a fully automated trading robot, and it is best used in conjunction with a clear trade plan and money management rules.