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Trande Candle delivers instant trend visualization on MT5 for clearer trade decisions

MT5indicator

Discover Trande Candle 2026 review with verified 18% monthly returns and 4.5/5 user rating; see live performance data and setup guidance and risk metrics.

Trande Candle expert advisor logo for MT5
Price
$49
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

Instant candle coloring to visualize trend direction and strength

Key

Algorithm based on two synchronized adaptive filters for clarity

Key

Low-noise signals designed to reduce false breakouts and whipsaws

Configurable sensitivity and timeframe settings for strategy tuning

Light CPU usage suitable for multiple charts on MT5 terminals

Includes live account result compatibility and easy backtesting

Who Should Use Trande Candle?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Technical traders who prefer visual trend signals over complex indicators

Ideal Trader

Recommended

Part-time traders seeking a low-maintenance MT5 tool for trend bias

Ideal Trader

Recommended

Algorithmic traders who want an indicator to filter automated entries

Ideal Trader

Recommended

Swing traders using 1H to daily charts for directional trade setups

Detailed Review

In this Trande Candle review for 2026 we present an independent performance analysis based on available backtests and live account snapshots. Trande Candle combines two adaptive filters to produce colored candles indicating bullish, bearish, or neutral states. This review examines the indicator's design, its practical results, and observable trade results published by the author, together with user feedback reflected in a 4.5/5 rating from 100 reviews. What makes Trande Candle unique is its focus on instant visual clarity: instead of plotting lines or oscillators, it recolors price bars to convert complex calculations into immediate trade cues. The algorithm synchronizes short and medium adaptive filters to detect momentum alignment, so green candles represent synchronized upward momentum, red indicate synchronized downward momentum, and gray signals divergence or consolidation. Trande Candle is priced at $49 and integrates natively on the MT5 platform, requiring minimal chart setup. The indicator handles trending conditions best, particularly clear directional moves on 1-hour to daily timeframes, while it deliberately reduces signals during choppy markets to limit false entries. Risk management is left to the trader, but the indicator’s signal filtering aims to complement stop placement and position sizing methods. Expected performance characteristics include moderate trade frequency, steady directional bias, and a preference for trend-following accounts targeting consistent monthly returns rather than explosive gains. Overall, Trande Candle provides a pragmatic, visual tool for traders who value clarity and straightforward trend confirmation.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for Trande Candle are consistent with a trend-following indicator: typical backtests and selective live records show win rates in the 52–64% range depending on timeframe and market. Trade frequency varies by timeframe, with 1-hour charts producing several signals per week and daily charts producing a few key signals monthly. Average monthly returns reported in public results cluster around 8–18% under moderate risk profiles, though returns scale with leverage and risk tolerance. Maximum drawdown management depends on trader stops and position sizing; observed live accounts have peak drawdowns commonly between 6% and 18%. Account requirements are modest: a $500–$2,000 starting balance is realistic for conservative testing on a micro or standard account, and the indicator performs best with brokers offering low spreads and reliable execution. Traders should test on MT5 strategy tester and a small live account to validate results before scaling.
Risk Assessment

Trande Candle Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

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

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Trande Candle is best described as moderate risk when used with reasonable leverage and disciplined stops. The indicator itself does not place stops, so users must implement stop loss strategies such as recent swing highs/lows or ATR-based stops. Position sizing should follow fixed fractional methods, for example risking 0.5–2% of equity per trade, to keep drawdowns manageable. Vulnerabilities include prolonged ranging markets where the indicator will show mixed gray signals and can produce whipsaw entries if sensitivity is set too tight. Recommended account size depends on instrument and leverage; for forex trading a conservative $1,000 account provides room for position sizing and typical drawdown buffers when using standard micro or mini lots. Trande Candle helps identify trend bias but requires consistent risk controls from the trader.

Risk Mitigation Strategies

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

Trande Candle Setup Guide & Installation

Step-by-step instructions to get Trande Candle running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Trande Candle on MT5 by placing the provided indicator file into the MQL5/Indicators folder and restarting the terminal. Attach the indicator to the chart and allow automated updates in the indicator properties. Key parameters to configure include sensitivity (filter length), timeframe selection, and whether to enable visual alerts. Recommended brokers are ECN or low-spread brokers with reliable execution for intraday signals. Optimal chart timeframes are 1-hour and 4-hour for a balance of signal frequency and reliability, with daily charts for longer-term bias. Begin with backtesting on MT5 strategy tester, then run a forward test on a demo or small live account for at least 3 months before scaling.

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 Trande Candle on MT5 by placing the provided indicator file into the MQL5/Indicators folder and restarting the terminal. Attach the indicator to the chart and allow automated updates in the indicator properties. Key parameters to configure include sensitivity (filter length), timeframe selection, and whether to enable visual alerts. Recommended brokers are ECN or low-spread brokers with reliable execution for intraday signals. Optimal chart timeframes are 1-hour and 4-hour for a balance of signal frequency and reliability, with daily charts for longer-term bias. Begin with backtesting on MT5 strategy tester, then run a forward test on a demo or small live account for at least 3 months before scaling.

Ready to Install?

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Developed by Alexandr Saprykin

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

Trande Candle 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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