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MGH-ABCDE MT5 indicator

Original price was: $190.Current price is: $150.

Demo file pass: www.mghfx.com

How to download demo version

MT4 version


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I would like to introduce 100% price action indicator that I designed. MGH-ABCDE (standard) is searching for ABC patterns based on the initial price action (i.e., breakout, pullback, and movement) according to the period it receives from the settings.

These patterns resemble the rally base pattern and a set of analyses, including trend analysis and divergence analysis, is checked to issue accurate signals.

Important notes:

  • There is an item in the setting called Display Trend Validation, which checks the higher time frame trend, and if the signal aligns with the trend, a small star appears on the signal candle.
  • If the signal has a star, the trader can choose second SL (or further).
  • Increasing the maximum period increases the number of signals.
  • Since this is a relatively heavy analytical tool, if it causes lagging, you can reduce the number of candles in the settings to an integer smaller than the available number of candles (such as 1000 or 2000).
  • This indicator is designed as a multi-time frame, and you can activate the multi-time frame alarm from the settings to monitor the market in the current pair from the current time to the higher time.
  • ABCDE is designed for both MT4 and MT5 platforms, and you can have signals on both platforms.

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