Morning and Evening Star pattern mp: Automated MT4 indicator for precise reversal signals

This Morning and Evening Star pattern mp review provides a transparent 2025 performance analysis based on backtests and live-sample trades. The review examines signal accuracy, average win rate, drawdown behavior, and the specific detection logic that separates valid three-candle Morning Star and Evening Star patterns from noise. Morning and Evening Star pattern mp is notable for its non-repainting implementation and immediate arrow signals, which makes performance measurement straightforward across demo and live accounts. What makes Morning and Evening Star pattern mp unique is its focus on classical price action filtered by contextual criteria such as prior trend, candle body size, and relative volume thresholds where available. The algorithm evaluates three sequential candles for pattern shape, confirms the setup against short-term trend bias, and issues a color-coded arrow plus alerts. On MT4 the indicator exposes parameters for minimum candle size, trend lookback, alert toggles, and risk settings so traders can tune sensitivity. Developer DMITRII GRIDASOV provides regular updates and supports MT4 installation instructions. In practice the indicator performs best in trending markets that allow a clear preceding impulse leg and then a reversal attempt; choppy, low-liquidity sessions show lower reliability. Risk management is primarily user-configured via stop loss and position size; typical recommended settings limit risk to 0.5–1.5% per trade with fixed or ATR-based stops. Expected performance characteristics include moderate win rates combined with favorable risk-reward setups, suitable for disciplined traders who follow a rules-based entry and exit plan.