Long Legged Doji Trading System: MT5 indicator for precise indecision-based trade signals

This Long Legged Doji Trading System review for 2026 presents a practical performance analysis and operational overview tested on live-like data. The indicator is designed to detect long-legged doji candle formations and then apply a confirmation model to avoid chasing noise. In this review the 2026 performance analysis focuses on win rate, average trade duration, and drawdown under different session filters and volatility thresholds. The algorithm works by scanning defined timeframes for specific candlestick morphology followed by momentum or volume confirmation on a secondary timeframe. Users can set sensitivity, confirmation timeframes, and session restrictions. The Long Legged Doji Trading System favors trending and range-reversal conditions where indecision candles are followed by confirmed directional moves. Risk controls include a user-set stop loss, optional dynamic trailing stops, and filters to skip trades during high spread or economic events. Expected performance characteristics typically show a moderate win rate with relatively low trade frequency, emphasizing quality over quantity. What makes Long Legged Doji Trading System unique is the combination of morphological candlestick detection with configurable confirmation layers and manual execution capability, allowing traders to override signals. Ich Khiem Nguyen has prioritized transparency in parameter settings and MT5 compatibility. The review highlights where the indicator adds value: clear signal logic, easy backtesting on MT5, and practical risk filters, while noting that performance is sensitive to timeframe selection and market regime.