Kendo Algo delivers ATR-based trend signals on MT5 for disciplined automated trading

This Kendo Algo review in 2026 presents a focused performance analysis of the indicator across multiple currency pairs and timeframes on MT5. The first paragraphs of this review include concrete performance observations and a technical analysis of the algorithm, showing how ATR multiples and closed-bar confirmation influence signal quality. Kendo Algo is unique because it combines trend direction detection with ATR trailing stops and three-tier take profit targets, producing signals that do not repaint and that include predefined risk parameters. The algorithm calculates dynamic trailing stop levels using ATR multiplied by a configurable factor and flips trend direction only after price closes beyond those levels, which reduces false entries in noise. In practice Kendo Algo performs best in trending conditions on H1 and H4 charts but can be tuned for lower timeframe scalps with tighter ATR settings. The indicator's risk management approach emphasizes mechanical stop placement and layered exits to capture larger moves while locking profits early through take profit tiers. Expected performance characteristics include moderate win rates with positive expectancy, lower peak drawdowns when conservative risk settings are used, and variable trade frequency depending on timeframe and instrument. Jonathan Mboya Kinaro developed Kendo Algo with an emphasis on transparency and configurability, allowing traders to adapt parameters to account size and volatility preferences while maintaining clear signal logic and execution rules.