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1. INTRODUCTION

BeltHoldTradingSystem 1.00

Single-Candle Reversal from an Opening Excessive

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

What’s BeltHoldTradingSystem?

BeltHoldTradingSystem detects Belt Maintain candlestick patterns in your MetaTrader 5 charts robotically. The indicator evaluates every accomplished bar towards 4 structural gates, scores surviving patterns throughout six weighted high quality elements, and enters instantly on the candle shut when a sound Belt Maintain is confirmed. Entry worth, cease loss, and take revenue ranges are drawn immediately on the chart so you’ll be able to assess the commerce slightly than carry out the calculations manually.

What Is a Belt Maintain Sample?

A Belt Maintain is a single-candle reversal formation wherein the candle opens at one excessive of its vary — the bottom worth for a bullish setup or the very best worth for a bearish setup — and closes strongly in the other way. The open-side shadow is absent or negligible (the “shaved” facet), whereas the shut facet could carry a small permitted shadow. This asymmetry alerts that one facet of the market took management on the very begin of the session and by no means relinquished it.

The Belt Maintain is also referred to as an Opening Marubozu as a result of it shares the Marubozu household’s defining function: an open that equals the session excessive. The place a Full Marubozu requires either side to be shaved, the Belt Maintain requires solely the open facet to be shaved, making it extra frequent and reflecting a broader vary of reversal eventualities.

Bulkowski’s analysis locations the Bullish Belt Maintain at a 71% reversal price and the Bearish Belt Maintain at 68% — among the many extra dependable single-candle reversal formations.

Bullish Belt Maintain

Seems after a downtrend. The candle opens at its low — no decrease shadow exists under the physique — and closes close to the high quality. Sellers had no alternative to push under the open; consumers managed the session from the primary tick. When this construction types after no less than two declining bars, the indicator classifies it as a Bullish Belt Maintain.

Bearish Belt Maintain

Seems after an uptrend. The candle opens at its excessive — no higher shadow exists above the physique — and closes close to the underside of the vary. Patrons had no alternative to push above the open; sellers managed the session from the primary tick. When this construction types after no less than two rising bars, the indicator classifies it as a Bearish Belt Maintain.

Development Context Detection

The indicator examines the three bars instantly earlier than every candidate candle. If no less than two of these bars are declining (decrease closes), the sample is classed as a Bullish Belt Maintain. If no less than two are rising (larger closes), it turns into a Bearish Belt Maintain. When context is ambiguous — neither path reaching the two-bar threshold — the indicator defaults to the candle physique path (bullish physique → Bullish Belt Maintain; bearish physique → Bearish Belt Maintain).

How the Indicator Finds Patterns

The indicator evaluates every accomplished bar towards 4 sequential gates. All 4 should go for a sign to be generated.

1. Forbidden shadow gate: The shadow on the open facet should stay at or under the utmost allowed ratio of whole vary (Commonplace: 5%, Strict: 3%). That is the defining criterion of the Belt Maintain — the shaved open facet. A candle with significant shadow on the open facet shouldn’t be a Belt Maintain, and this gate is handled as a tough rule that can’t be bypassed by high quality scoring.

2. Physique ratio gate: The candle physique should symbolize no less than the minimal required fraction of whole vary (Commonplace: 70%, Strict: 75%). This confirms that the physique dominates the candle construction and that the session’s directional transfer was robust and sustained.

3. Physique/ATR gate: The candle physique should equal or exceed the minimal a number of of ATR (Commonplace: 0.40×, Strict: 0.50×). This rejects small candles forming throughout low-volatility periods, which carry restricted directional significance.

4. Allowed shadow gate: The shadow on the shut facet should stay at or under the utmost allowed ratio of whole vary (Commonplace: 20%, Strict: 15%). A big shadow on the shut facet would recommend important counter-pressure late within the session, which weakens the reversal story.

Solely candles passing all 4 gates proceed to high quality scoring and sign registration.

High quality Rating — Evaluating Sample Energy

Each sample that clears detection receives a top quality rating between 0.00 and 1.00. Six elements contribute to this rating, every weighted by its contribution to the Belt Maintain’s structural integrity.

High quality Elements

QF-1 and QF-4 are inverted elements: decrease values produce larger scores. QF-1 carries the very best weight (0.35) as a result of the near-absent forbidden shadow is the core structural requirement of the Belt Maintain — patterns with a wonderfully shaved open facet rating considerably larger than these close to the detection restrict.

Rating Grades

• Grade A (0.80 – 1.00) — Glorious: Close to-perfect open-side shave, massive physique relative to ATR, physique ratio above 0.85
• Grade B (0.60 – 0.79) — Good: Dependable setups with robust forbidden shadow rating and stable physique metrics
• Grade C (0.40 – 0.59) — Common: Legitimate construction however open-side shave is close to the detection threshold; use with extra affirmation
• Grade D (0.20 – 0.39) — Under Common: Marginal setup; larger false sign danger
• Grade F (0.00 – 0.19) — Poor: Keep away from buying and selling these alerts

High quality Threshold

The default minimal high quality is 0.30. Adjusting this threshold modifications which patterns seem on the chart:

• 0.50 – 0.65: Reveals solely essentially the most structurally sound Belt Holds with near-perfect open-side shaving and robust physique metrics — fewer alerts with larger per-signal high quality
• 0.20 – 0.30: Reveals extra alerts together with weaker structural examples — helpful for analysis or learning the sample throughout totally different market circumstances
• Tip: Begin with the default 0.30 in your chosen image and timeframe and observe a number of dozen alerts earlier than adjusting

Entry Mode: Instant

In contrast to patterns that use pending cease orders, the Belt Maintain makes use of speedy entry on the candle shut. When a sound Belt Maintain is confirmed on bar shut, the system enters the commerce at that second slightly than ready for a breakout above the sample excessive or under the sample low.

This displays the character of the sample: the open-at-extreme construction means the rejection occurred on the very begin of the session. Ready for a breakout would delay entry past the sign occasion. Instant entry captures the complete transfer that usually follows.

Buying and selling Ranges

Bullish Belt Maintain:

• Entry = shut of the Belt Maintain candle
• Cease Loss = sample low − 0.25×ATR

Bearish Belt Maintain:

• Entry = shut of the Belt Maintain candle
• Cease Loss = sample excessive + 0.25×ATR

The cease loss buffer of 0.25×ATR is positioned past the other excessive of the Belt Maintain candle. For a Bullish Belt Maintain, the sample low is the candle’s open (and low), which is the extent the place consumers stepped in on the session begin — a break under this degree invalidates the reversal premise.

Take revenue ranges are calculated from entry utilizing configurable risk-reward multiples (default: 1R, 2R, 3R, 5R from entry to cease distance).

What You See on the Chart

When a Belt Maintain sample passes all detection gates and high quality filters, the indicator attracts the next:

Sign Markers

• Arrow icons: Blue upward arrows mark Bullish Belt Maintain patterns; orange downward arrows mark Bearish Belt Maintain patterns. Grey arrows point out alerts blocked by an energetic filter such because the Reverse Sign filter.
• High quality labels: A numeric rating (e.g., “0.74”) seems close to every sign, exhibiting how the sample ranked throughout all six high quality elements.

Buying and selling Traces

• Entry line: An orange horizontal line on the speedy entry degree — the shut of the Belt Maintain candle
• Cease Loss line: A purple horizontal line labeled “SL” — positioned under the sample low (Bullish) or above the sample excessive (Bearish) with an ATR buffer
• Take Revenue strains: As much as 4 inexperienced horizontal strains labeled TP1 via TP4, spaced at configurable R:R multiples from the entry degree

Visible Zones

• Sample spotlight: A shaded rectangle spans the Belt Maintain candle, making it simple to determine which bar triggered the sign. The danger zone between entry and SL is shaded in purple; reward zones between entry and every TP degree are shaded progressively lighter.
• Monitoring dots: Small coloured dots replace because the sign state modifications — white for pending (speedy entry, monitoring), yellow for energetic, inexperienced for goal hit, purple for cease hit.

Sign Lifecycle

1. Lively: Instant entry positioned at candle shut — commerce is stay
2. Goal Hit: Worth reached a take revenue degree
3. Cease Hit: Worth reached the cease loss
4. Cancelled: Sign invalidated earlier than shut

Settings You Can Modify

Detection Parameters

Detection Preset Values

Customized Threshold Parameters

Settings Ideas

• Start with the Commonplace preset and default high quality threshold in your chosen image; observe no less than two to a few weeks of alerts earlier than adjusting
• If Commonplace produces too many alerts on XAUUSD H1, elevate Min High quality to 0.50 slightly than switching to Strict — this preserves detection sensitivity whereas filtering out weaker structural examples
• The forbidden shadow gate (5% Commonplace) is extra permissive than the Strict worth (3%); on markets the place clear Belt Holds are frequent, Strict produces a cleaner sign set
• Keep away from slicing the SL buffer under 0.20×ATR — Belt Maintain lows/highs are the logical invalidation level for the reversal, and a few retesting of that degree is regular earlier than the transfer develops

Greatest Timeframes and Markets

Advisable Timeframes

• H1 — High quality: Excessive | Frequency: Medium | Greatest for: Day merchants searching for clear reversal setups at intraday help and resistance ranges; beneficial place to begin
• H4 — High quality: Excessive | Frequency: Decrease | Greatest for: Swing merchants who need well-formed Belt Maintain patterns with robust follow-through potential
• M15 — High quality: Medium | Frequency: Excessive | Greatest for: Scalpers wanting frequent Belt Maintain alerts throughout energetic session hours
• D1 — High quality: Highest | Frequency: Low | Greatest for: Place merchants searching for textbook Belt Maintain formations at main each day construction ranges

Greatest Markets

• XAUUSD (Gold): Belt Maintain patterns on H1 and H4 continuously mark important intraday reversal factors, notably throughout London and New York session crossovers
• Main foreign exchange pairs (EURUSD, GBPUSD, USDJPY): Belt Maintain formations are frequent at key intraday ranges, particularly close to spherical numbers and session open costs
• Indices (US30, NAS100): Bearish Belt Maintain patterns close to prior highs and Bullish Belt Maintain patterns close to prior lows can mark intraday turning factors
• Oil (USOIL): Robust Belt Maintain formations seem after sharp directional strikes on H1 and H4

The indicator works on any image and timeframe. H1 with the Commonplace preset on XAUUSD is the beneficial beginning configuration.

Getting Began — Fast Setup

1. Open MetaTrader 5 and cargo a chart (XAUUSD on H1 is an effective place to begin)
2. Within the Navigator panel (Ctrl+N), broaden Indicators → Customized and find BeltHoldTradingSystem
3. Drag the indicator onto the chart
4. Within the settings dialog, choose Detection Preset (Commonplace beneficial for first use) and click on OK — the indicator will scan historical past and show detected patterns instantly
5. Observe the alerts: blue upward arrows point out Bullish Belt Maintain patterns; orange downward arrows point out Bearish Belt Maintain patterns
6. Test the standard rating on every sign — deal with patterns scoring 0.50 or larger when beginning out
7. Non-compulsory: Allow alerts within the ALERTS part to obtain notifications when new patterns type in real-time

All Options at a Look

• Computerized Bullish and Bearish Belt Maintain (Opening Marubozu) single-candle detection on any image and timeframe
• 4-gate structural detection: forbidden shadow ratio (HARD RULE), physique ratio, physique/ATR, allowed shadow ratio
• 6-factor weighted high quality scoring (forbidden shadow inverted 0.35, physique/ATR 0.25, physique ratio 0.20, allowed shadow inverted 0.10, shut vs prior vary 0.05, relative physique 0.05)
• Development context detection utilizing 3-bar prior worth motion: downCount >= 2 → Bullish, upCount >= 2 → Bearish
• 3 detection presets: Commonplace, Strict, Customized (user-defined thresholds)
• Instant entry at candle shut (not pending order)
• Sign states and lifecycle monitoring
• High quality filter to suppress weak patterns under threshold
• Excessive zone filter (overbought/oversold rejection)
• Stoploss hunt filter (liquidity sweep validation)
• Reverse sign filter (forestall conflicting alerts)
• Threat/Reward with 3 cease loss strategies (Donchian Channel, ATR, Sample)
• As much as 4 take revenue ranges (TP1-TP4) at configurable R:R ratios
• Donchian Channel trailing cease loss
• MTF Scanner (as much as 150 symbols × 8 timeframes)
• Market construction evaluation (BOS / CHOCH)
• 4-channel alert system (popup, sound, push, e-mail)
• Sign statistics dashboard
• Skilled chart themes (Darkish, Mild, Customized)
• EA sign buffers for automated buying and selling

For detailed guides on every function, see the MANUAL included with the indicator.

Widespread Questions

Q: What’s the distinction between a Belt Maintain and a Marubozu?

Each patterns belong to the identical structural household. A Full Marubozu requires each the open and the near be on the session extremes — no shadow on both facet. A Belt Maintain (Opening Marubozu) requires solely the open facet to be shaved; the shut facet could carry a small shadow. The Belt Maintain is extra frequent and captures a broader set of reversal eventualities the place sellers (or consumers) dominate from the beginning however worth doesn’t essentially shut on the absolute excessive.

Q: Why does the indicator use speedy entry as a substitute of a Purchase Cease or Promote Cease?

The Belt Maintain’s defining function is that the open equals the session excessive — the rejection level occurred on the very begin of the candle, not at a breakout degree above or under. Ready for worth to interrupt above the excessive (as with a Purchase Cease) would delay entry properly after the sign occasion. Instant entry on the shut captures the transfer as outlined by the sample’s construction.

Q: Why is the forbidden shadow gate described as a tough rule?

A candle with significant shadow on the open facet is structurally distinct from a Belt Maintain — it means consumers (or sellers) had been pushed away from the open earlier than recovering, which tells a unique story. No quantity of physique energy or high quality scoring compensates for a violated open-side construction. The forbidden shadow gate can’t be bypassed by elevating the standard threshold; it should go on the detection degree.

Q: What does “development context” imply for the Belt Maintain?

The indicator checks the three bars earlier than the candidate candle. For a bullish physique candle to be categorized as a Bullish Belt Maintain, no less than two of these bars have to be declining. For a bearish physique candle to be a Bearish Belt Maintain, no less than two have to be rising. If the context is ambiguous, the indicator defaults to classifying primarily based on candle physique path. The Bulkowski statistics (71% bullish / 68% bearish reversal price) are primarily based on context-aware classification.

Q: What if each Bullish and Bearish Belt Maintain alerts seem on the identical space?

If the Reverse Sign filter is enabled (InpOppositeFilter = true), the indicator prevents conflicting alerts from being registered concurrently. When a sign in the other way is already energetic, new alerts will both be blocked totally or proven as grey blocked arrows relying on the InpShowBlockedIndicator setting.

Q: How do I cut back the variety of alerts?

Increase the Min High quality threshold to 0.50 or larger. You can even swap to the Strict preset (tighter forbidden shadow and physique thresholds), allow the Path Filter to limit alerts to the dominant development path, or allow the Excessive Zone Filter to dam alerts close to overbought/oversold extremes.

What’s New — Model 1.00

That is the preliminary launch of BeltHoldTradingSystem. Key options embody:

• Belt Maintain (Opening Marubozu) detection utilizing 4-gate structural validation with hard-rule forbidden shadow enforcement
• 6-factor weighted high quality scoring with forbidden shadow dominance (0.35 weight) rewarding completely shaved open-side constructions
• Development context detection from 3-bar prior worth motion to tell apart Bullish and Bearish Belt Maintain variants
• Commonplace and Strict presets, plus totally customizable Customized threshold mode
• Instant entry at candle shut — no pending cease order required
• 7-layer filter chain (High quality, Excessive Zone, Path, Stoploss Hunt, Sign Zone, Market Construction, Reverse Sign)
• Multi-timeframe scanner protecting as much as 150 symbols and eight timeframes concurrently
• Automated Entry/SL/TP ranges with Donchian Channel trailing cease
• 4-channel alert system (popup, sound, push notification, e-mail)
• EA sign buffers enabling automated buying and selling programs to devour Belt Maintain alerts through iCustom()
• Skilled chart themes (Darkish, Mild, Customized) for prolonged buying and selling periods

Getting Assist

You probably have questions or want help:

Able to Begin?

BeltHoldTradingSystem identifies the structural second when one facet of the market takes management from the opening tick and holds it via the shut. Connect the indicator to your chart, begin with the Commonplace preset on XAUUSD H1, and observe how the open-side shaving aligns with the reversals you’d determine manually.

Joyful buying and selling!

Ich Khiem Nguyen

BeltHoldTradingSystem 1.00 — Created 2026-02-24