Completed. Nobody's waiting though. ｜ MT5 Sign-in HypoEdge Scalp
The MT5 sign indicator “HypoEdge Scalp” has been completed and is now on sale at GogoJungle.
And now, I’m broadcasting trades using this indicator on YouTube.
I don’t think anyone was waiting for it. I didn’t make it at someone’s request. Still, I felt compelled to note that it has been finished.
▶Here is the product page for HypoEdge Scalp
What this indicator does
In one word,it marks one bar in the market’s congestion and shows, with numbers, how effective that single bar isas an indicator.
There are times when the price touches the same level many times but does not break through. The opposite side’s orders are absorbing the price movement. HypoEdge Scalp prints an arrow there.
Along with the arrow, you’ll see this on the panel.
- Win rate for similar situations: in past scenarios that resembled the current one, how many wins and losses there were. The count is always shown too
- Stop loss and take profit: at the moment a signal appears, the SL and TP prices are determined
- Conditions of higher time frames: position, moving averages, and waves are displayed on the chosen higher timeframe. You can click to overlay the higher-timeframe candlesticks on the chart
- Recent outcomes: whether recent signals were wins or losses. When you click, past stop loss and take profit lines appear on the chart
In total, there are 50 features.
You can leave the settings at their default values.Once pasted, within 1–2 minutes it automatically adjusts to settings suitable for that market. It will also recalibrate every 15 minutes thereafter.
I recommend using M5 as the time frame. For reference, I personally use M1. M1 has a larger spread burden, so I don’t follow the signal blindly; I use it as a piece of “judgment material” that aligns with my own decisions.
Over 15 years, I have exited the market countless times
I’ve been trading for 15 years and have exited many times. I’ve added what I learned each time to the screen, one by one.
- It wasn’t that my skill suddenly declined; the market I was watching stopped fitting my method
→ Even if the market changes, the scan readjusts the settings - If I try to reason about every entry, I get indecisive and slow
→ The rationale comes from the signal. The decision is only whether to enter - Overemphasizing higher time frames caused my hands to freeze
→ Signals only appear in the same direction as the higher time frame (default setting) - If I focus too hard on the chart, I end up trading carelessly without realizing it
→ You only need to look at the signal and the panel, so you won’t tire easily - Avoiding stop losses happened because I didn’t know what would happen next
→ The win rate for that moment is shown numerically, so even if a stop loss occurs, you can stay calm - Profits came early because I didn’t know how far the move would extend
→ A guideline for take profit is shown, reducing the time spent hesitating - The most reliable entries were when my own judgment and the rationale aligned
→ A signal is not an order to enter, but another form of judgment
Things you created yourself tend to be more visible
Let me be a bit candid.
There is a concept in behavioral economics called the IKEA effect. When you assemble furniture yourself, you tend to value it higher than a prefabricated one. In experiments by Norton, Mochon, and Ariely (2012), many people priced self-assembled storage boxes about 60% higher than identical ready-made boxes.
I spent months building this indicator. In my eyes, it simply looks better.
That’s why I chose to present it not as “the author says it’s great,” but asan indicator you can judge by numbers and the screen— I always include the count of wins in the win rate, and even past losing trades remain on the chart.
Why I didn’t make it an EA
Even with the same signal, outcomes vary depending on lot size and the timing of settlements. Judgments also change with market conditions. I wanted to avoid fixed risk-taking or entry methods and allow decision-making on the spot. Therefore, I made it a signal tool rather than automated trading.
Now streaming on YouTube
I’m broadcasting trades using this indicator on YouTube.
You’ll see where the signals appear, where the wins come, and where the losses occur. The moving screen should be more trustworthy than the author’s words.
In conclusion
I aim to bring something that nobody was waiting for to a point where it can help someone. I believe that is the work ahead.
I’d be very happy if you just stop by the stream.
※This article is not investment advice and does not guarantee future profits. Please make trading decisions and bear responsibility yourself.