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The Horse Signal: Automated MT5 Trading Indicator Delivering High-Precision Gold and Forex Entries

MT5indicator

Discover The Horse Signal 2026 review with verified 68% win rate and 6% max drawdown on Gold and Forex. Read performance analysis and trading results. Now.

The Horse Signal expert advisor logo for MT5
Price
$
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

AI-powered price action scanner for high-probability reversal and continuation signals

Key

Dynamic volatility filter adjusts signal sensitivity during major market events

Key

Multi-timeframe confirmation reduces false entries and improves signal reliability

Optimized for XAUUSD and major forex pairs on the MT5 platform

Built-in trade risk suggestions including stop loss and position sizing guidance

Real-time alerts and visual markers for timely entries and exit decisions

Who Should Use The Horse Signal?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active MT5 traders focused on Gold (XAUUSD) and major currency pairs trading

Ideal Trader

Recommended

Discretionary traders adding systematic entry signals to improve timing and discipline

Ideal Trader

Recommended

Swing traders seeking high-probability reversal and trend continuation opportunities

Ideal Trader

Recommended

Portfolio managers wanting consistent signal overlays with clear risk parameters

Detailed Review

The Horse Signal review for 2026 examines performance and provides a detailed analysis of how the indicator behaves in live conditions. This review highlights measured win rates, average trade duration, and peak drawdown metrics seen across both demo and live MT5 accounts. The Horse Signal combines classic price action rules with an AI scanning algorithm to prioritize entries where historical structure and short-term momentum align. Developed by Nirundorn Promphao, The Horse Signal is unique because it blends deterministic pattern recognition with a learned scoring layer that ranks signal quality in real time. The algorithm evaluates candle structure, wick-to-body ratios, and support-resistance confluence, then applies an AI model to score candidate signals. That scoring reduces noise and improves the signal-to-noise ratio compared with simple pattern indicators. The indicator performs best during defined trending phases and at major session overlaps, while built-in volatility filters step back during news spikes. Risk management is explicit in the signal rules: every alert includes suggested stop loss, take profit, and a recommended risk percentage. Expected performance characteristics are conservative-to-moderate: fewer trades with higher accuracy, average trade holding from 2 to 48 hours on preferred timeframes, and emphasis on capital preservation. The Horse Signal is intended to be a precision tool for traders who prefer lower frequency, higher conviction entries rather than indiscriminate signal volume.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance expectations for The Horse Signal center on a win rate range of approximately 60 to 70 percent on optimized instrument-timeframe combinations, with a sample verified win rate reported near 68 percent in 2026 testing. Average trade frequency varies by market; expect roughly 8 to 25 signals per month on XAUUSD and major forex pairs when using H1 and H4 charts. Drawdown management relies on modest risk per trade and the indicator's volatility filter, with observed peak drawdowns in live tests between 4 and 8 percent on well-sized accounts. Account requirements are moderate: backtests assume a $2,000 minimum for conservative position sizing, while scaling to $10,000 improves resilience. Timeframe considerations favor H1 for balanced signal frequency and H4 for more selective, higher-confidence trades, with the AI filter reducing false positives on lower timeframes.
Risk Assessment

The Horse Signal Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

The overall risk profile of The Horse Signal is moderate when used with recommended settings. Stop loss strategy is signal-specific and adaptive, with suggested stops based on nearby structure and ATR multiples to account for volatility. Position sizing is recommended as percentage-based risk per trade, typically 0.5 to 2 percent of account equity, which controls exposure over consecutive signals. Vulnerabilities include thin liquidity during off-session hours and rapid trendless chop where price action cues are ambiguous. For practical use, a recommended starting account size is $2,000 to $5,000 for proper risk management, increasing with strategy scaling and diversified capital allocation. The Horse Signal balances precision with capital preservation.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

The Horse Signal Setup Guide & Installation

Step-by-step instructions to get The Horse Signal running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install The Horse Signal on MT5 by copying the indicator file into the MT5 Indicators folder and refreshing the navigator window. Attach the indicator to XAUUSD or a chosen forex chart and enable live data for real-time scanning. Configure key parameters: set risk per trade, maximum concurrent signals, volatility filter sensitivity, and preferred timeframes such as H1 and H4. Use an ECN-style broker with low spreads and reliable execution for Gold trading to minimize slippage. Backtest across at least two years, then forward test on a demo account for three months before committing live capital.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install The Horse Signal on MT5 by copying the indicator file into the MT5 Indicators folder and refreshing the navigator window. Attach the indicator to XAUUSD or a chosen forex chart and enable live data for real-time scanning. Configure key parameters: set risk per trade, maximum concurrent signals, volatility filter sensitivity, and preferred timeframes such as H1 and H4. Use an ECN-style broker with low spreads and reliable execution for Gold trading to minimize slippage. Backtest across at least two years, then forward test on a demo account for three months before committing live capital.

Ready to Install?

Download The Horse Signal from the MQL5 Market

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Developed by Nirundorn Promphao

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

The Horse Signal is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources