243# Horns Pattern Trading Strategy (MT4/MT5)

Dimitri 2025

The Horns Pattern Identifier Indicator detects market structures where price creates two symmetrical highs (bearish horn) or two symmetrical lows (bullish horn).

Bullish Horn (Green Arrow): Appears below the candle, signaling a potential upward reversal.

Bearish Horn (Red Arrow): Appears above the candle, signaling a potential downward reversal.

Horns Pattern Trading Strategy (MT4/MT5)

Timeframes

Recommended: M5, M15, M30, H1

Scalping → M5 / M15

Swing trading → H1

Entry Rules

Buy Setup (Bullish Horn)

A green arrow (bullish horn) appears below the candle.
Wait for candle confirmation (the next candle should close bullish above the horn level).
Enter a long trade at the next candle’s open.

Sell Setup (Bearish Horn)

A red arrow (bearish horn) appears above the candle.
Wait for candle confirmation (the next candle should close bearish below the horn level).
Enter a short trade at the next candle’s open.

Stop Loss & Take Profit

Stop Loss (SL):
- For buys: Place SL below the horn’s low.
  
  For sells: Place SL above the horn’s high.
Take Profit (TP):
- Conservative: 1:1.5 or 1:2 risk/reward ratio.
  
  Aggressive: Exit at nearest support/resistance or pivot levels.

Additional Filters (Optional)

Trend filter: Trade only in the direction of the higher timeframe trend (H1/H4).

Volume filter: Confirm horns with increasing volume for stronger reliability.

Pivot/Support-Resistance filter: Horns appearing near key levels have higher accuracy.

Example Trade Scenarios

If a bullish horn forms after a strong downtrend near a support level → potential reversal buy opportunity.

If a bearish horn appears at resistance after an uptrend → potential reversal short setup.

This strategy works best when combined with market context (trend, support/resistance, session timing).
Avoid trading during high-impact news events, as volatility can invalidate horn patterns.