Hikkake Buying and selling System - Buying and selling Methods - 24 February 2026

PART	Part	Description
1	INTRODUCTION	Product introduction, what the product helps you with

2	INSTALLATION & SETUP	System necessities, step-by-step set up information
	Information to Putting in Free Indicators and EAs Included with the Mirage Buying and selling System Buy
3	INTERFACE DISPLAY	Clarification of the parts displayed on the chart
	Person Information: Buying and selling Strains & Sign Monitoring System	The system mechanically attracts Entry, Cease Loss, and Take Revenue strains (TP 1–4) on the chart, tracks value motion for hits, data Win/Loss outcomes, and shows real-time efficiency statistics.
	Person Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Alerts	If you connect an indicator to a chart, the system renders the next visible parts for every detected sign
	Person Information: MTF SCAN & Dashboard Person Information	MTF SCAN mechanically scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid immediately in your chart.
	Person Information : Chart Theme Person Information	Chart Theme is a function that modifications the complete chart colour scheme in MetaTrader 5 — together with the background, candles, grid, textual content, and Bid/Ask strains — with a single click on.
4	CORE CONCEPTS	Basic ideas that the system is constructed upon
	Person Information: Market Construction Performance within the Buying and selling System	Identifies pattern route (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (pattern continuation) and CHoCH (potential pattern reversal).
	Person Information : Sign Sorts, States, and Lifecycle	A sign is the system’s notification when it detects a qualifying candlestick sample on the chart. Every sign tells you the anticipated value route and gives instructed entry, cease loss, and take revenue ranges.
5	SIGNAL FILTERS	Filters that refine and validate buying and selling alerts
	Person Information: Commerce Path (Path Filter) within the Buying and selling System	Defines the allowed buying and selling route (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than looking for entry alerts, based mostly on present market pattern.
	Person Information: Sign Zone Filter within the Buying and selling System	Eliminates alerts not close to necessary value zones, retaining solely these related to market buildings (swing excessive/low, BOS, CHoCH) to scale back noise.
	Person Information: StoplossHunt Filter Person Information — Filtering “SL Sweep” Alerts	Identifies higher-probability alerts by checking whether or not value “swept stoploss” earlier than forming a sample.
	Person Information : Excessive Zone Filter	Excessive Zone Filter is a sign filtering function that helps keep away from coming into trades when value is on the prime or backside of a Donchian value channel.
	Person Information: Reverse Sign Filter	The Reverse Sign Filter is an computerized function that forestalls new alerts from showing when you have already got an lively commerce working in the wrong way.The precept may be very easy: Do not buy once you’re promoting. Do not promote once you’re shopping for.
	Person Information : High quality Filter Person Information	High quality Filter is a function that helps you obtain solely one of the best alerts — value patterns shaped clearly, with balanced proportions and excessive reliability — and reject weak alerts, uninteresting patterns, and people under normal.
6	TRADE MANAGEMENT
	Person Information : Threat/Reward & SL Methodology Person Information	Threat/Reward (R:R) is the ratio between the sum of money you settle for dropping (Threat) and the sum of money you anticipate to achieve (Reward) in a single commerce.
	Person Information: Trailing Cease Loss (TSL) Person Information	Common Cease Loss (SL) stays mounted in a single place. You set SL at 1990.00, and it stays there ceaselessly — even when value has risen to 2030.00.Trailing Cease Loss (TSL) is completely different. It mechanically strikes in your favor when value advances. As value strikes up, TSL strikes up with it. When value stalls or reverses, TSL holds one of the best place it reached.
7	CONFIGURATION PARAMETERS GUIDE	Detailed information to every configuration parameter
	SIGNAL SCANNING CONFIGURATION GUIDE – MIRAGE TRADING SYSTEM EA	Information to mastering sign scanning settings throughout the Inputs tab, optimizing commerce discovery on a single chart or throughout the complete market.
8	ALERTS & NOTIFICATIONS
	Person Information: Alerts & Notifications Person Information	Configure push notifications, and on-screen popups when new alerts are detected.
9	SYSTEM RISKS & LIMITATIONS	Notes on system dangers and limitations

1. INTRODUCTION

Hikkake Buying and selling System v1.00

Inside Bar + False Breakout Lure Detection with 5-Issue High quality Scoring

Creator: Ich Khiem Nguyen | MQL5: https://www.mql5.com/en/customers/khiemni/vendor

What’s Hikkake Buying and selling System?

Hikkake Buying and selling System helps you notice Hikkake patterns in your MetaTrader 5 charts — mechanically. The indicator identifies the basic false breakout entice the place an inside bar breakout fails and value reverses, then alerts you with clear entry factors, cease losses, and revenue targets already calculated. It really works on any market and any timeframe, liberating you to focus in your buying and selling selections as an alternative of manually looking for entice setups.

What Are Hikkake Patterns?

Hikkake patterns are highly effective reversal patterns that emerge when a breakout try from an inside bar fails, reversing sharply in the wrong way and trapping merchants who entered on the mistaken aspect.

Bullish Hikkake (Bullish Reversal)

After a downtrend, a setup bar establishes the vary. The following candle is an inside bar — absolutely contained throughout the setup bar — exhibiting the market is compressing and neither consumers nor sellers have management. A fakeout bar then breaks under the within bar low, triggering sellers and breakout merchants to enter brief positions. The entice springs when a affirmation bar closes above the within bar excessive: the sellers at the moment are trapped, and as they cowl their positions, the worth surges upward.

Bearish Hikkake (Bearish Reversal)

After an uptrend, a setup bar varieties adopted by an inside bar that reveals market indecision. A fakeout bar breaks above the within bar excessive, drawing in keen consumers who anticipate the breakout to proceed. The reversal then arrives as a affirmation bar closes under the within bar low — the trapped consumers are pressured to exit, and their promoting stress accelerates the downward transfer.

When these patterns seem close to key assist or resistance ranges, they grow to be particularly dependable alerts for potential pattern reversals.

How the Indicator Finds Patterns

The indicator scans your charts in real-time and checks every potential sample in opposition to a number of high quality necessities:

Identifies a setup bar and verifies the subsequent bar is absolutely contained inside it — excessive no larger than setup excessive, and low no decrease than setup low — confirming the within bar construction.
Checks that the fakeout bar breaks one aspect of the within bar vary, signaling that breakout merchants have been drawn in on the mistaken aspect.
Confirms {that a} bar closes past the alternative inside bar boundary inside 3 bars of the fakeout, proving the false breakout entice has sprung.
Validates that no earlier bar already closed past the alternative boundary (drift verify), stopping duplicate or untimely detections.

Solely patterns that move all these checks seem in your chart, so you do not waste time on weak or invalid setups.

High quality Rating — How Good Is the Sample?

Each sample will get a top quality rating from 0.00 to 1.00. This helps you deal with one of the best buying and selling alternatives.

What the Rating Means

The indicator checks 5 facets of every Hikkake sample to compute the standard rating. It evaluates how properly the within bar is contained throughout the setup bar, how robust the affirmation bar physique is relative to current volatility, how tight the within bar vary is relative to ATR, whether or not the affirmation bar really modified route from the fakeout bar, and the way deeply value extends previous the within bar boundary on affirmation. Patterns with robust containment, a robust affirmation shut, and a deep breach previous the boundary earn the very best scores.

Grade A (0.80 – 1.00) — Glorious: Finest alerts, highest chance setups
Grade B (0.60 – 0.79) — Good: Dependable setups value buying and selling
Grade C (0.40 – 0.59) — Common: Wants extra affirmation
Grade D (0.20 – 0.39) — Beneath Common: Dangerous, use with warning
Grade F (0.00 – 0.19) — Poor: Keep away from buying and selling these alerts

High quality Threshold Setting

By default, the indicator solely reveals patterns scoring 0.30 or larger. You may alter this within the settings:

Elevate to 0.50-0.70: See solely one of the best alerts (fewer however larger high quality)
Decrease to 0.15-0.25: See extra alerts (extra frequent however combined high quality)
Tip: Begin with the default 0.30 and alter based mostly in your backtest outcomes

What You See on the Chart

When the indicator detects a Hikkake sample, it attracts all the pieces you have to know immediately on the chart:

Settings You Can Alter

Listed here are the principle settings that management how the indicator finds and shows Hikkake patterns:

Setting	What It Does	Default	When to Change It
Detection Preset	Select between Normal/Strict/Customized detection thresholds	Normal	Swap to Strict for fewer however larger high quality alerts
[Custom] Min Inside Vary/ATR (Std=0.05, Strict=0.10)	Minimal inside bar vary relative to ATR	0.10	Solely when utilizing Customized preset
[Custom] Max Inside Vary/ATR (Std=0.80, Strict=0.40)	Most inside bar vary relative to ATR	0.40	Solely when utilizing Customized preset
[Custom] Min Fakeout Physique/ATR (Std=0.03, Strict=0.10)	Minimal fakeout bar physique relative to ATR	0.10	Solely when utilizing Customized preset
[Custom] Min Verify Physique/ATR (Std=0.05, Strict=0.12)	Minimal affirmation bar physique relative to ATR	0.12	Solely when utilizing Customized preset
[Custom] Min Breach Distance/ATR (Std=0.05, Strict=0.20)	Minimal breach distance previous inside boundary	0.20	Solely when utilizing Customized preset
Min High quality (0.0-1.0, 0.30=relaxed)	Minimal high quality rating filter	0.30	Elevate to 0.50-0.70 for fewer however higher alerts
SL Buffer (xATR above/under sample)	Further distance added to cease loss	0.10	Improve for extra respiration room in risky markets