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A MetaTrader 5 indicator that marks swing failure patterns, where price sweeps a prior swing high or low and closes back inside. It draws stop and target levels, tracks each setup and offers a multi-symbol scanner and alerts.
Get one message the moment it launches, with its price.
Swing Failure Pattern Alpha is a MetaTrader 5 indicator that looks for a specific price behaviour: the market pushes through a recent swing high or low, fails to hold beyond it, and closes back on the other side. It marks these events on the chart and adds stop and target references so you can judge a setup before acting on it.
The indicator reads closed candles only. It first finds a prior swing point, then checks whether a later candle moved beyond it and was followed by a strong candle that closed back past the level. When that happens, a buy or sell marker is placed on the confirming bar. The open of the next bar is treated as the reference entry price.
Each setup is drawn with a stop reference placed beyond the swing extreme created by the sweep, plus a configurable buffer for spread and noise. Four targets are projected as multiples of the initial risk distance, ranging from a fraction of 1R up to 2R. Each setup is tracked on the chart as active, target hit or stop hit.
A dashboard can list active buy and sell setups across several symbols on M15, M30, H1, H4 and D1. It also shows how far a setup has progressed, whether the higher timeframe agrees with the signal direction, and a simple up, down or flat bias reading. Clicking a cell switches the chart to that symbol and timeframe.
The signal brake limits repeated signals in the same direction while a setup is still open, reduces rapid buy and sell flips inside tight ranges, and can require a minimum risk distance before another setup is accepted. The on-chart panel summarises how earlier setups performed against each target under your current settings, with the sample size alongside. Treat small samples with caution.
The indicator can be attached to any symbol your broker offers in MT5. Swing structure behaves differently on a slow daily chart than on M15, and different instruments have different spreads, so settings that suit one market may not suit another.
Exact input names and defaults can differ between builds, so open the inputs tab after attaching the indicator and review each group before use.
| Area | What to check |
|---|---|
| Swing detection | How many bars define a swing high or low |
| Stop buffer | Volatility allowance beyond the swing extreme |
| Target multiples | Risk multiples used for the four target levels |
| Signal brake | Limits on repeated or alternating signals |
| Scanner | Symbol list and timeframes to monitor |
| Alerts | Pop-up, sound and push notification toggles |
| Display | Dashboard size and which panels are shown |
Trading carries risk and you can lose more than you expect. The backtest panel and any marked setup describe past price data only, and past results do not predict future ones. Test on a demo account and size positions according to your own limits.
Sweep and reversal patterns also fail. A level can be breached and the move can continue, and spreads or gaps can make real fills differ from the reference prices drawn on the chart.
| Product type | Indicator |
|---|---|
| Platform | MetaTrader 5 (desktop) |
| Strategy focus | Signals, Momentum, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Indicator (not an automated trading robot) |
| Strategy tags | Signals, momentum, breakout failure |
| Markets | Any symbol available in your MT5 terminal |
| Scanner timeframes | M15, M30, H1, H4 and D1 |
| Signal timing | Evaluated on closed bars only |
| Alerts | Pop-up, sound file and push notification via MetaQuotes ID |
| Requirements | MT5 account with chart history for the symbols you scan |
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No. It is an indicator. It marks setups on the chart, draws a stop reference and target levels, and can send alerts. Any order has to be placed by you, or by a separate tool you choose to use.
The logic works on closed bars, and signal markers are meant to stay on the bar where they were confirmed. The bar that is still forming is not used for confirmation. Test it on a demo account and compare it with your own reading of the chart before relying on it.
No. This listing is for MetaTrader 5 only. An MT4 terminal cannot load this indicator, so check that you use MT5 before buying.
It can be attached to any symbol in your terminal. The scanner dashboard covers M15 to D1. Spreads, session times and volatility differ between instruments, so review the volatility buffer and signal brake inputs for each market and test on a demo account first.
Install the MetaTrader mobile app, find your MetaQuotes ID in its settings, and enter that ID in the desktop terminal under Tools, Options, Notifications. Then enable the push option in the indicator inputs.
No. The panel summarises how past setups would have played out on historical data with your current settings. Trading carries risk, and past results do not predict future ones. Pay attention to the sample size shown.
Swing Failure Pattern Alpha MT5
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