Paistrade Light V2 delivers pairs trading signals on MT5 with visual convergence analysis

This Paistrade Light V2 review provides a focused 2025 performance analysis of a compact MQL5 indicator for pairs trading. The review covers how the indicator visualizes two chosen symbols in one dedicated MT5 window, the visual logic behind convergence and divergence signals, and comparable metrics from backtest and live-sample observations. Paistrade Light V2 stands out because it reduces the complexity of a larger pairs-trading toolkit to a single, readable chart output that highlights spread behavior, enabling quicker discretionary or automated decisions. The algorithm behind Paistrade Light V2 computes a scaled comparison between a primary symbol and a secondary symbol, applying a coefficient factor and plotting both normalized series. Traders can spot mean-reversion opportunities when the spread deviates beyond user-set thresholds and watch for confirmation by price movement or an external filter. Paistrade Light V2: 2025 Performance components emphasize visual clarity over automated order execution, so risk controls are intentionally left to the trader or external EA. In practice, Paistrade Light V2 handles stable major currency pairs and liquid cross pairs best, while struggling more in highly volatile, low-liquidity sessions. The indicator is most effective when combined with simple position sizing rules and a clear stop-loss framework. Overall, this Paistrade Light V2 review shows the indicator as a practical toolkit for traders who want transparent spread visualization and repeatable entry cues without heavy automation.