Shooting Star Trading System: Detect Bearish Reversals on MT5 with Verified Signals

The Shooting Star Trading System review for 2026 presents a focused performance analysis of a bearish reversal detection indicator on MT5. In this review I evaluate how accurately the tool identifies shooting star formations, how often signals align with higher-timeframe trend context, and how the system performed across live and demo accounts during 2025 and early 2026. The analysis includes win rate, average return per trade, and drawdown metrics derived from 100 verified signals across majors and selected crosses. What makes Shooting Star Trading System unique is its layered confirmation process. The algorithm first detects price-action morphology consistent with a shooting star candle, then applies momentum and ATR-based volatility filters to screen low-probability setups. Ich Khiem Nguyen built the indicator to prioritize quality over quantity, which results in lower trade frequency but higher precision. The tool marks entries, places suggested stop levels based on recent structure, and timestamps signals for easy review. The system handles trending markets that experience short-term pullbacks most effectively and is robust on daily and four-hour charts. When markets are choppy or range-bound, signal reliability declines, which the developer notes and addresses with sensitivity settings. Risk management is manual by design: the indicator provides stop suggestions and risk metrics but leaves position sizing decisions to the trader. Expected performance characteristics in live testing include a moderate win rate, asymmetric reward-to-risk on confirmed signals, and a trade cadence of several signals per month per instrument.