Above The Stomach Trading System

Above the Stomach Trading System for MetaTrader 5

Above the Stomach Trading System is a price action indicator for MT5 designed to detect 2-bar reversal patterns where the second candle confirms a momentum shift through midpoint penetration and close strength.

Overview

Above the Stomach Trading System detects two-candle reversal structures where the signal candle opens within the upper or lower half of the prior candle body and closes beyond the prior open.

This pattern can be used to identify a clear change in directional pressure without requiring an additional confirmation candle.

All calculations are based on completed bars only.

Detection is non-repainting. Signal values do not change after the bar is closed.

The indicator can draw Entry, Stop Loss, and Take Profit levels directly on the chart and track signal progress after detection.

Detection Logic

The detection model evaluates each completed two-bar pattern through several structural conditions.

These conditions can include:

Setup candle direction and body structure

Signal candle opening relative to the setup body midpoint

Close confirmation beyond the setup candle open

Minimum body-to-range requirements

Minimum range relative to ATR

The indicator can detect both Above the Stomach and Below the Stomach structures.

Patterns that do not meet the selected structural requirements are ignored.

Quality Evaluation

Each valid pattern can be evaluated through a multi-factor quality model.

The scoring process can include measurements such as:

Setup candle body ratio

Signal candle body ratio

Midpoint penetration depth

Close penetration strength

Range size relative to ATR

Signals below the selected minimum threshold can be filtered out automatically.

Entry and trade planning

For confirmed setups, the indicator can project entry levels at the signal candle high for buy setups or low for sell setups.

For each valid setup, the indicator can display:

Entry level

Stop Loss level

Up to four Take Profit levels

Risk and reward zones on the chart

Stop Loss can be calculated using pattern-based placement, Donchian Channel logic, or ATR-based logic.

An optional trailing stop based on Donchian logic is also available for users who want dynamic trade management after entry.

Filters and tools

Optional filters are available to reduce unnecessary signals.

These include Direction Filter, Extreme Zone Filter, Stop Hunt Filter, Signal Zone Filter, and Opposite Signal Filter.

The built-in scanner can monitor up to 150 symbols across 8 timeframes from a single chart.

The indicator also includes BOS and CHOCH labels, a signal dashboard, alert options, chart themes, and output buffers for Expert Advisor integration.

Recommended use

Recommended timeframes are H4 and D1, while H1 and H4 can also be suitable on active markets.

The indicator can be applied to Forex pairs, XAUUSD, indices, crypto pairs, and stocks, depending on broker data quality and symbol characteristics.

Loading sufficient chart history is recommended for more stable structure analysis.

MetaTrader 5 only.

No DLL calls.

No external WebRequest connections.

Important notes

This indicator is a technical analysis tool.

It does not guarantee trading results.

Users should test settings in their own environment and apply appropriate risk management.

Support is available through the product comments section or via MQL5 direct message.