MT5GoldTested

Tested on demo accounts by the seller. A utility has no trading performance, so no Trust State applies - see the description for exactly what was tested.

AT24 Streak Meter (MT5)

'After N down candles a reversal is due' (or 'the streak will continue') is repeated everywhere and rarely checked. AT24 Streak Meter counts the current same-colour candle streak on the timeframe you choose (daily by default) and shows, on your own symbol, how often the next candle had the same colour after streaks of 1, 2, 3, 4, 5 and 6+ candles - with the sample sizes, 95% intervals and the any-candle baseline. What you get - The current streak (for example 3 D1 candles down in a row). - A table of how often the next candle continued the streak, by streak length, with n and a 95% interval, next to the baseline. - Honest about small samples: long streaks have few cases, so their percentages are shown with wide intervals. - Works on any chart timeframe; the candle timeframe is an input. It is delivered as a non-trading utility Expert Advisor with the indicator built into the file (MT5 does not allow licence checks inside indicators): attach it to a chart and the dashboard appears. What was verified: compiles with 0 errors and 0 warnings in the real MetaEditor and runs on a real MT5 XAUUSD chart (see the screenshot). The streak counts and percentages match an independent Python calculation (D1 and H4 tables identical). Real result on one broker feed (XAUUSD daily candles, last 3,000): the next candle had the same colour as the last about 47% of the time (baseline 47.2%). After a streak of 1 candle 47% (n=1,583), 2 candles 48% (n=742), 3 candles 45% (n=354), 4 candles 52% (n=160, +-8), 5 candles 52% (n=83, +-11) and 6+ candles 44% (n=77, +-11). The rate does not depend on streak length: three or four days in a row is no more 'due for a reversal' than one, and the long-streak figures are noise. Another broker feed (953 daily candles) gave a baseline of 46.6%, and H4 candles were around 50% throughout. This is descriptive and not an edge. Not verified: live-money use, alerts beyond a screenshot, the licence check with a real purchase. MetaTrader 5 only. Descriptive history on your own broker data. Context tool, not a signal or a forecast; it prints no buy or sell arrows and never places orders; a candle is up or down by its close against its open (flat candles are skipped), and results depend on the symbol, the timeframe and the broker's candle boundaries. Not financial advice. Trading leveraged products is risky. LICENCE KEY: the download is protected by your AT24 licence key. One key works on ONE trading account at a time and only for this product; you can move it to another account yourself (2 changes per 30 days) from Dashboard > Purchases. After buying, paste the key from your purchase page into the EA input "InpLicenseKey" and allow https://www.algotraders24.ai under Tools > Options > Expert Advisors > Allow WebRequest. The Strategy Tester needs no key.

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