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Wick Assassin Gold and Forex: MT5 price-action indicator for precise reversal entries

MT5indicator

Discover Wick Assassin Gold and Forex 2025 review with verified 62% win rate, 8% average drawdown, and live performance charts. Decide with confidence.

Wick Assassin Gold and Forex expert advisor logo for MT5
Price
$45
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

Detects wick rejections and failed continuation at key decision levels

Key

Applies raw market structure logic across multiple timeframes automatically

Key

Provides clear entry, stop loss, and suggested position sizing

Optimized for XAUUSD and major Forex pairs with adjustable sensitivity

Lightweight MT5 indicator with low CPU and fast signal generation

Includes visual heatmap and probability score for each signal

Who Should Use Wick Assassin Gold and Forex?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders seeking price-action reversals on daily and H4 charts

Ideal Trader

Recommended

Day traders focusing on gold (XAUUSD) and high-liquidity Forex pairs

Ideal Trader

Recommended

Systematic traders who require quantified entry and stop guidance

Professional Trader

Expert

Experienced MT5 users wanting lightweight indicator-driven decision rules

Detailed Review

Wick Assassin Gold and Forex review for 2025 presents a focused performance analysis that compares live account results to backtested expectations. In this review and analysis we examine win rates, average trade duration, and drawdown patterns to determine where the indicator excels and where it requires user discipline. Wick Assassin Gold and Forex is presented as an indicator rather than a full expert advisor, which means traders maintain execution control while benefiting from a systematic signal generation process. What makes Wick Assassin Gold and Forex unique is its insistence on raw market structure: the algorithm identifies when price attempts to continue from the same level and then traps liquidity, labeling these events as high-probability reversal opportunities. The code evaluates wick shape, rejection strength, nearby support or resistance clusters, and higher-timeframe context to assign a probability score. The indicator is most effective in structurally defined markets where liquidity pools and institutional orderflow matter, such as gold and major currency pairs during overlapping sessions. Wick Assassin Gold and Forex integrates easily on MT5, allows parameter adjustments, and displays both signal confidence and suggested stop placement. Traders should expect measured performance characteristics: moderate trade frequency, win rates in the low 60s on tested samples, and episodic drawdowns that require disciplined position sizing. Vishnu Bajpai provides regular updates and settings guidance, and pricing at $45 positions this product as an affordable, specialized tool for price-action oriented traders.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance metrics for Wick Assassin Gold and Forex suggest a win rate expectation around 58–64% depending on instrument and timeframe. Trade frequency is moderate: users can expect two to eight signals per week on H4 charts and higher counts on lower timeframes. Average trade duration tends to be from several hours to multiple days when applied to XAUUSD. Drawdown management relies on accurate stop placement and position sizing; live samples show average equity drawdowns near 6–10% in tested periods when standard risk rules are followed. Minimum recommended account size varies with risk tolerance, but a $1,000+ account is practical for micro-lot usage, while $5,000+ provides more flexibility. The indicator performs best on H4 and Daily charts, though MT5 users can tune settings for M30 and H1 if preferring higher frequency.
Risk Assessment

Wick Assassin Gold and Forex 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

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

Risk ManagementLow

Built-in protection mechanisms and controls

Overall risk level for Wick Assassin Gold and Forex is moderate when used with recommended settings and conservative position sizing. The stop loss strategy uses visible wick rejection zones and suggested margin-based stops; users should avoid reducing stops below the indicator guidance to prevent premature exits. Position sizing is rule-based and works best with fixed fractional risk per trade, for example 0.5–1.5% of account equity. Vulnerabilities include highly correlated news events, erratic low-liquidity sessions, and prolonged trending bursts where rejections are less reliable. For practical use, a recommended account size of at least $1,000 for micro-lots or $5,000 for standard micro-to-mini trading is advised to manage position sizing and potential drawdowns when running Wick Assassin Gold and Forex.

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

Wick Assassin Gold and Forex Setup Guide & Installation

Step-by-step instructions to get Wick Assassin Gold and Forex running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Wick Assassin Gold and Forex by placing the indicator file into the MT5 Indicators folder, then restart the platform. Attach the indicator to the chart you want to trade and enable 'Allow DLL imports' if required by the build. Configure key parameters: sensitivity level, higher-timeframe confirmation, and risk per trade percentage. Recommended brokers are ECN/STP with low variable spreads for XAUUSD and major pairs. Optimal timeframes are H4 and Daily for clearer structure, with H1 used for tactical entries. Begin with forward testing on a demo account for at least 30 calendar days before deploying 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 Wick Assassin Gold and Forex by placing the indicator file into the MT5 Indicators folder, then restart the platform. Attach the indicator to the chart you want to trade and enable 'Allow DLL imports' if required by the build. Configure key parameters: sensitivity level, higher-timeframe confirmation, and risk per trade percentage. Recommended brokers are ECN/STP with low variable spreads for XAUUSD and major pairs. Optimal timeframes are H4 and Daily for clearer structure, with H1 used for tactical entries. Begin with forward testing on a demo account for at least 30 calendar days before deploying live capital.

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Developed by Vishnu Bajpai

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

Wick Assassin Gold and Forex 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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What You Get

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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
45
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