MetaTrader 5 · Utilities

Power Candles Scanner

Power Candles Scanner searches Market Watch symbols for momentum and reversal setups using a rolling optimisation engine. Its panel ranks configurations and issues alerts; the final trading decision remains with the operator.

YO4X Research · Reviewed Publisher: Daniel Stein
Understand the product

Power Candles Scanner research guide

Optimised rankings are research output

The publisher describes testing thousands of parameter combinations over recent bars and re-evaluating on each closed bar. A high displayed profit factor is selected from that historical search. It is not an independently forward-tested account result, and repeated optimisation can favour chance patterns.

Discovery alerts versus entry alerts

One alert identifies a symbol whose selected configuration crosses a threshold; another marks a fresh signal on a qualifying symbol. Clicking a row switches the chart. The companion Power Candles indicator can draw the associated plan, while the scanner handles discovery across the watchlist.

Before installation

Settings and setup requirements

These notes summarize the publisher material reviewed for Power Candles Scanner. Check the original manual and current release before configuring an account.

Category
MT5 scanning utility
Universe
Broker symbols available in Market Watch
Default scan chart
M15; other timeframes supported
Controls
History depth, minimum trades, symbol cap and alert threshold
Publisher price at review
111 USD. Confirm current purchase and rental terms on MQL5.
Source evidence

Utility features and verification

Chart examples describe the tool’s operation. They do not establish realised returns or independent trading performance.

What to assess before choosing Power Candles Scanner

  • Record each selected configuration before observing later signals.
  • Use minimum sample and cost assumptions consistently across symbols.

Third-party product research, not YO4X trading results. Past results do not establish future returns.

Publisher material

Power Candles Scanner images

Try before choosing

Power Candles Scanner: licence and demonstration options

Trading utilities may depend on live messages, chart interaction or external connections that a historical tester cannot reproduce. Check the original listing for a demonstration, video or rental option. Any publisher-offered trial must be checked for duration, demo-account limits and required connections; this guide does not verify a free unrestricted version.

For Power Candles Scanner, use the setup notes above to identify what the tester can demonstrate and what still requires a supported account, data source or publisher guidance. Read MQL5’s product-testing rules ↗

Explore YO4X

Free local access. Clear product terms.

YO4X offers free local access to its supported strategy catalogue through the Windows app on supported MT5 demo accounts. This research page does not confirm that Power Candles Scanner is included or compatible.

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Is Power Candles Scanner a free download?

A free full-product licence is not confirmed here for Power Candles Scanner. Check the publisher’s current purchase, rental or tester options on MQL5. YO4X does not distribute the publisher’s EX5 file from this page.

Ask support about current app availability before choosing a strategy. Arbitrary EX5 uploads are not supported; cloud execution and brokerage costs are separate.

Check availability with YO4X →

Power Candles Scanner questions

Does an optimised profit factor prove live profitability?

No. It summarises a selected historical configuration. Check out-of-sample or subsequent behaviour with realistic costs.

Does the scanner automatically execute its suggestions?

The listing leaves the decision to the trader and describes chart navigation and notifications, not automatic brokerage execution.

Sources and editorial notes

Source review: 22 September 2026. This guide draws on the official product listing. A link does not mean we have reviewed the file contents. Where reviewed, the guide summarizes them with attribution.

YO4X Research is the site’s editorial attribution, not a certification or a named independent tester. We have not installed or forward-tested this product for this guide. Publisher claims, screenshots and source-account statistics do not establish that the current version reproduces those results. Artwork belongs to its original publisher.

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