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Smoothed Candles (MT5) — review, price and free alternatives
MT5 indicator$49 on MQL5by Mostafa Saad Saeed Shawara
Smoothed Candles is a MetaTrader 5 indicator by Mostafa Saad Saeed Shawara, sold on the MQL5 Market for $49. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Smoothed Candles — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Mostafa Saad Saeed Shawara
- Price
- $49
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Smoothed Candles on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
MQLTeam Smoothed Candles turns a noisy MetaTrader 5 chart into quieter price candles you can read at a glance.
Before you buy Smoothed Candles
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Smoothed Candles
Compiled from its public MQL5 listing. FxRobotEasy has not traded Smoothed Candles; what these notes say about how it works comes from that listing.
Overview
Smoothed Candles by Mostafa Saad Saeed Shawara represents a comprehensive automated trading solution for MT5 traders. What sets Smoothed Candles apart is its balanced approach to trade execution and capital preservation.
Risk notes
Smoothed Candles 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 Mostafa Saad Saeed Shawara
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Smoothed Candles 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.
Free to try · from FxRobotEasy
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Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
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Our multi-pair AI scalper — majors, gold and crypto
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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- Pick Scalperology AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Scalperology AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Smoothed Candles or Scalperology AI?
| Smoothed Candles | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($49) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Mostafa Saad Saeed Shawara | FxRobotEasy |
Smoothed Candles — questions
What is Smoothed Candles?
Smoothed Candles is a MetaTrader 5 indicator published on the MQL5 Market by Mostafa Saad Saeed Shawara, priced at $49 USD. 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 Smoothed Candles work on MT4 or MT5?
Smoothed Candles 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.
How much does Smoothed Candles cost?
Smoothed Candles is a paid product listed at $49 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-10-18. It is sold and downloaded through the developer's (Mostafa Saad Saeed Shawara) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Smoothed Candles?
FxRobotEasy has not traded Smoothed Candles 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 Smoothed Candles elsewhere comes from its developer or from a third party.
Similar expert advisors
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.