Wysiwyg Candle Premium: MT5 breakout indicator for verified volatility-based entries

In this review of Wysiwyg Candle Premium we present a 2026 performance analysis based on published live-sample results and backtested intervals. Wysiwyg Candle Premium is distinct because it fuses four established methods—ATR for volatility sizing, Bollinger Bands for mean-reversion context, Opening Range Breakout for session bias, and squeeze detection for low-volatility compression—into a single visual indicator. The indicator paints candles in different colors and places arrows to mark confirmed breakout conditions, making it straightforward to scan charts on MT5. The algorithm evaluates volatility with ATR and identifies squeezes before measuring breakout strength against Bollinger and ORB thresholds, which reduces noise and increases signal quality. Wysiwyg Candle Premium is best suited to trending environments and sessions with defined opening ranges, but it also includes filters to avoid whipsaw during thin markets. Risk management is embedded through ATR-based stop suggestions and optional fixed-risk rules, and the indicator supports alerts and custom parameters that let traders control sensitivity and position-sizing guidance. Expected performance characteristics show moderate-to-aggressive returns depending on settings and instrument choice, with win-rate and trade frequency varying by timeframe. Syamsurizal Dimjati designed the indicator for MT5 with an emphasis on real-time visual clarity and configurable risk controls. Traders should use Wysiwyg Candle Premium as part of a broader plan that includes money management, news avoidance, and periodic parameter review for different market regimes.