Dragonfly Doji Trading System: Automated MT5 reversal signals with verified trading results

This Dragonfly Doji Trading System review for 2026 focuses on performance and a clear analysis of what separates it from generic candlestick indicators. The review and analysis include trading results observed in demo and limited live samples and compare win rate, average trade duration, and drawdown characteristics against similar MT5 indicators. Ich Khiem Nguyen designed the system to isolate Dragonfly Doji patterns at highs and lows and then apply momentum and volatility filters to confirm reversal bias. Trading Results referenced in the testing show consistent signal quality on major currency pairs and selected indices when volatility filters are enabled. What makes Dragonfly Doji Trading System unique is its layered approach: first a strict pattern recognition layer that flags only high-confidence Dragonfly Doji formations, then a momentum confirmation layer, and finally a volatility filter that reduces whipsaw entries. The algorithm measures wick-to-body ratios, relative volume proxies, and short-term ATR thresholds before issuing a signal. In practice this means fewer but higher-quality signals, typically executed on M15 to H1 timeframes. Risk management is built into the indicator as adjustable stop loss and take profit rules plus an optional time-based signal expiry. Expected performance characteristics include moderate trade frequency, higher win rates on trending pullbacks, and sensitivity to spread and slippage on lower-liquidity instruments.