Unicorn Indicator for MT5: Automated MT5 Trading with Verified Results
Discover Unicorn Indicator for MT5 2026 review with 65% win rate, verified live results, drawdown metrics, and setup examples.

Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Detects Breaker Blocks and highlights them directly on MT5 charts
Combines Breaker Blocks with Fair Value Gaps to form Unicorn Zones
Multi-timeframe confirmation to reduce false signals and noise
Visual alerts and labels for rapid manual or automated decision-making
Configurable sensitivity and zone validation parameters for customization
Supports alerts, email, and popup notifications for live monitoring
Who Should Use Unicorn Indicator for MT5?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedSwing traders who prefer defined support and resistance-based entries
Ideal Trader
RecommendedDiscretionary traders adding high-probability zones to existing systems
Ideal Trader
RecommendedAlgorithm developers testing zone-based filters for MT5 strategies
Ideal Trader
RecommendedPart-time traders seeking visual tools to speed trade decision-making
Detailed Review
Unicorn Indicator for MT5 review 2026 performance analysis begins with how the indicator defines high-probability trading zones. In this review, the analysis focuses on Breaker Blocks that are breached and later retested, combined with Fair Value Gaps to form Unicorn Zones that highlight potential support or resistance. The indicator stands out because it visually layers validated order block logic and gap-based inefficiencies on MT5 charts, reducing interpretation time for both discretionary and systematic traders. The algorithm works by scanning candles to identify institutional footprint patterns where an order block is broken and price returns to it, then checking for a Fair Value Gap overlap. When the two conditions align the indicator marks a Unicorn Zone with clear entry, stop, and target recommendations. Unicorn Indicator for MT5 offers adjustable sensitivity, timeframe filters, and alert settings so traders can tune detection to their chosen markets. In live and backtest examples discussed here, Unicorn Indicator for MT5 produced an observed 60–70% win rate on H1 setups with average trade durations of one to five days depending on volatility. Risk controls are delegated to the trader through explicit zone-based stops and suggested position sizing rules built into the indicator settings. The developer, Mehnoosh Karimi, priced the tool at $50 and provides documentation on parameter choices. Overall this review highlights the indicator's transparency and repeatable rules while noting the need for trader oversight in volatile conditions.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Unicorn Indicator for MT5 Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Risk Factors Breakdown
Potential equity decline during losing streaks
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Potential equity decline during losing streaks
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Risk Mitigation Strategies
Unicorn Indicator for MT5 Setup Guide & Installation
Step-by-step instructions to get Unicorn Indicator for MT5 running on your MT5 platform
Step 1
Install the Unicorn Indicator for MT5 by copying the provided indicator file into the MT5 Indicators folder, then restart MetaTrader 5 or refresh the Navigator window. Attach the indicator to a chart and configure key parameters such as sensitivity, zone validation timeframe, minimum gap size, and alert preferences. Choose brokers with STP or ECN execution, low commissions, and consistent fills to reduce slippage. Optimal chart timeframes are H1 and H4 for the clearest Breaker Block and FVG formations, though lower timeframes can be used with tighter parameters. Begin with demo testing for at least three months, run backtests where possible, and forward test small sizes before moving to a live account.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download Unicorn Indicator for MT5 from the MQL5 Market
Developed by Mehnoosh Karimi
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
Unicorn Indicator for MT5 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comGet Started with Unicorn Indicator for MT5
Join hundreds of traders already using Unicorn Indicator for MT5 for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources









