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Reversal Candles MT5 (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Nguyen Thanh Cong
Reversal Candles MT5 is a free MetaTrader 5 indicator by Nguyen Thanh Cong on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Reversal Candles MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Nguyen Thanh Cong
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Reversal Candles MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Introduction Reversal Candles is a cutting-edge non-repainting forex indicator designed to predict price reversals with remarkable accuracy through a sophisticated combination of signals.
Before you use Reversal Candles MT5
What the developer claims
- Signal Buy when the last closed candle has a darker color (customizable) and an up arrow is painted below it Sell when the last closed candle has a darker color (customizable) and a down arrow is painted above it.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Reversal Candles MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded Reversal Candles MT5; what these notes say about how it works comes from that listing.
Overview
Reversal Candles MT5 by Nguyen Thanh Cong represents a comprehensive automated trading solution for MT5 traders. What sets Reversal Candles MT5 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Reversal Candles MT5 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Nguyen Thanh Cong
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Reversal Candles MT5 on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
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Reversal Candles MT5 or Scalperology AI?
| Reversal Candles MT5 | Scalperology AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Nguyen Thanh Cong | FxRobotEasy |
Reversal Candles MT5 — questions
What is Reversal Candles MT5?
Reversal Candles MT5 is a MetaTrader 5 indicator published on the MQL5 Market by Nguyen Thanh Cong, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Reversal Candles MT5 work on MT4 or MT5?
Reversal Candles MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Reversal Candles MT5 free to download?
Yes -- Reversal Candles MT5 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-27. The file is downloaded from the developer's (Nguyen Thanh Cong) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Reversal Candles MT5?
FxRobotEasy has not traded Reversal Candles MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Reversal Candles MT5 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.