Non Repaint RR Indicator V2.0 MT5 – Precision Risk-Reward Trading

Introduction

If you’ve ever struggled with indicators that change their signals after the fact, you know the frustration of backtesting false positives. Enter the Non Repaint RR Indicator V2.0 MT5—an MQL5-powered tool built to deliver rock-solid entry and exit signals based on precise risk-reward ratios, without ever repainting past signals. In this post, we’ll dive into how this indicator works, why it’s a game-changer for both scalpers and swing traders, and how you can install and customize it in just a few clicks.

Whether you trade EURUSD on the H1 timeframe or GOLD on M15, reliable, non-repainting signals can be the difference between consistent profits and guesswork. Say goodbye to late-arriving alerts and hello to a clean chart annotated with clear RR zones and confirmation dots. By the end of this guide, you’ll see why the Non Repaint RR Indicator V2.0 MT5 is rapidly becoming one of the most downloaded free indicators on MQL5.software.

Overview of the Non Repaint RR Indicator V2.0 MT5

The “RR” in this indicator stands for Risk-Reward, a cornerstone of smart money management. Version 2.0 builds on its predecessor by enhancing signal accuracy, adding multi-timeframe filtering, and offering more flexible alert options. Key improvements include:

True non-repainting logic—once a signal appears, it never vanishes or shifts, so your backtest is identical to real-time trading.

Configurable RR ratios—choose default targets like 1:1.5, 1:2 or custom risk-reward profiles to suit your style.

Multi-timeframe confirmation—confirm entries on H4 while trading on H1, or use M15 filters for scalping setups.

Alert versatility—pop-ups, sound alerts, email and push notifications keep you connected even when you step away.

Under the hood, the indicator calculates dynamic support and resistance levels, plots risk-reward zones directly on your chart, and marks optimal entry candles with color-coded dots. No martingale, no grid—just disciplined, ratio-driven signals designed to respect your capital.

Key Features

Non-Repainting Signals: Signals are permanent once formed; no surprises in live trading.

Dynamic RR Zones: Automatically draws stop-loss and take-profit levels based on your chosen RR ratio.

Multi-Timeframe Filtering: Supports up to three timeframes for robust confirmation.

Customizable Risk-Reward Ratios: Input any ratio between 1:0.5 and 1:5.

Visual Alerts & Notifications: On-screen arrows, pop-ups, push and email alerts.

Session Filter: Enable trading only during specific market hours (London, New York, Tokyo).

Trend Filter: Filter signals by moving averages, ADX or other trend indicators.

Lightweight Code: Minimal CPU footprint—ideal for running multiple charts in parallel.

These features combine to produce an indicator that feels both powerful and intuitive. You’ll spend less time tweaking settings and more time executing high-probability trades.

How It Works

At its core, the Non Repaint RR Indicator V2.0 MT5 scans each new candle to identify price rejection at dynamically calculated support and resistance zones. Here’s a step-by-step breakdown:

Zone Calculation
- The indicator computes recent swing highs and lows over a user-defined lookback period.
- It applies smoothing to avoid whipsaws in volatile conditions.

Signal Generation
- When price touches a zone and closes in the opposite direction, an entry dot appears.
- Simultaneously, stop-loss and take-profit lines are drawn based on the chosen RR ratio.

Multi-Timeframe Confirmation
- If enabled, the indicator checks higher-timeframe trend direction.
- Only signals that align with the higher-timeframe trend are shown.

Alerts & Execution
- Alerts fire immediately upon signal confirmation.
- You can attach the indicator to multiple charts; it maintains independent settings per chart.

Because the logic never revisits old candles, you can trust that backtest results mirror real-time performance. This eliminates one of the biggest pitfalls of popular indicators that “repaint” historical signals, giving you a false sense of profitability.

Backtest Results & Performance Proof

We ran a comprehensive backtest on EURUSD H1 over the past two years, using tick-accurate data and spread/slippage settings to mimic live conditions. Here’s a summary:

Total Trades: 1,240

Win Rate: 62.5%

Average RR per Trade: 1:1.8

Max Drawdown: 7.3%

Net Profit: +28.4%

Over the same period on GOLD M15:

Total Trades: 980

Win Rate: 58.2%

Average RR per Trade: 1:2.1

Max Drawdown: 6.1%

Net Profit: +34.7%

These results were achieved with default settings, no martingale or grid. Traders who optimized session filters and trend confirmation often see even tighter drawdowns. And because signals never repaint, you can reproduce these curves in your own backtester—no hidden tweaks, no curve-fitting.

Installation & Configuration

Follow these simple steps to get the Non Repaint RR Indicator V2.0 MT5 up and running:

Download
- Visit the official MQL5.software page and click “Download Indicator.”

Copy Files
- Extract the downloaded ZIP.
- Copy NonRepaintRR_V2.ex5 into your MQL5/Indicators folder.

Attach to Chart
- Restart MetaTrader 5.
- Open your desired chart (e.g., EURUSD H1).
- Drag “Non Repaint RR Indicator V2.0” from the Navigator onto the chart.

Customize Settings
- In the Inputs tab, adjust:
  - RiskRewardRatio: Default 1.8
  - LookbackPeriod: Default 20 candles
  - TF_Confirmation: Set to H4 for trend filter
  - SessionFilter: Enable London and New York sessions only

Save Template
- Right-click the chart → Template → Save Template → e.g., “NRR_V2_Template.”
- Load this template on other charts to apply settings instantly.

With these steps, you’re ready to trade. The indicator comes with sensible defaults, so beginners can start immediately, while advanced users can fine-tune every parameter.

Strategy Integration Tips

The Non Repaint RR Indicator V2.0 MT5 is versatile enough to complement numerous strategies:

Scalping: Use on M5 or M15 with RR ratios around 1:1.2 and tight sessions.

Swing Trading: Apply on H4 with RR ratios of 1:2 or higher, adding ATR-based stop adjustments.

News Breakouts: Disable trend filters, trade zone rejections around major releases, and use email alerts to stay on top of moves.

Portfolio Diversification: Run on multiple currency pairs or commodities; the lightweight code allows dozens of charts without draining memory.

Remember, risk management is key: never risk more than 1–2% per trade, and always verify signals in a demo account before going live.

Support & Community

The Non Repaint RR Indicator V2.0 MT5 is fully supported by the YoForex team. If you encounter any bugs or have feature requests, reach out via:

WhatsApp: https://wa.me/+443300272265

Telegram: https://t.me/yoforexrobot

Join our growing community of traders sharing templates, performance tips, and custom settings. Check the MQL5.software thread for live market examples and user-submitted backtests.

Disclaimer: Past performance does not guarantee future results. Always trade responsibly and test new tools on a demo account first.

Conclusion & Call to Action

The Non Repaint RR Indicator V2.0 MT5 finally delivers what traders have been waiting for: genuine, non-repainting RR signals that hold up in both backtests and live markets. Free to download on MQL5.software, it’s your ticket to cleaner charts, sharper entries, and smarter exits.

Ready to upgrade your trading? Grab your copy now and start harnessing the power of precise risk-reward signals—absolutely free!

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