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SUM Swing HL n CP MT5

This indicator labels swing highs and swing lows as well as the candle pattern that occurred at that precise point.

The indicator can detect the following 6 candle patterns: hammerinverse hammer, bullish engulfing, hanging man, shooting star and bearish engulfing.

The notations HH, HL, LH, and LL you can see on the labels are defined as follows:

  • HH : Higher high
  • HL : Higher low
  • LH : Lower high
  • LL : Lower low

Setting
  • Length: Sensitivity of the swing high/low detection, with lower values returning the maximum/minimum of shorter-term price variations.

Usage & Details

It can be interesting to see if a top or bottom is associated with a specific candle pattern, this allows us to study the potential of such a pattern to indicate a reversal. You can hover on a label with a specific pattern to see more details about it.

Note that the labels are offset, and will appear later in real-time, as such this indicator is not intended to detect tops/bottoms in real-time.


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4.89 (9)
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
VJ Sniper MT5
Vijayaratna Kumar Boda
VJ Sniper - MT5 Buy / Sell Indicator:   This Indicator is as simple as Buy in Up Trend & Sell in Down Trend.                                                           There are Support / Resistance Graphic levels for choosing the best Entries. Background:   Any in-built indicator of MT5 does not work as stand alone such as Stochastic, CCI or DeMarker etc. But combination of them with trend projection work & give the best results for Trading entries. So this Indicator is blended to give the best
Wolfe Waves sind natürlich vorkommende Handelsmuster, die an allen Finanzmärkten vorhanden sind und einen Kampf um einen Gleichgewichtspreis darstellen. Diese Muster können sich über kurze und lange Zeiträume entwickeln und sind eines der zuverlässigsten prädiktiven Umkehrmuster, die es gibt und die normalerweise starken und langen Kursbewegungen vorausgehen. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Klare Handelssignale Erstaunlich einfach zu handeln
XQ Indicator MetaTrader 5
Marzena Maria Szmit
5 (1)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
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Indicator for fast navigation through financial instruments. When you click on the button, you go to the chart of the financial instrument, the name of which was written on the button. In other words, the indicator opens or unfolds an existing chart window. For each chart, you can customize the name of the financial instrument, text color and background color; in total, you can customize symbols buttons that you trade often. The indicator can be installed on any charts for which you need to swit
FREE
Indicator for fast navigation through financial instruments. When you click on the button, you go to the chart of the financial instrument, the name of which was written on the button. In other words, the indicator opens or unfolds an existing chart window. For each chart, you can customize the name of the financial instrument, text color and background color; in total, you can customize symbols buttons that you trade often. The indicator can be installed on any charts for which you need to swit
FREE
This indicator labels swing highs and swing lows as well as the candle pattern that occurred at that precise point. The indicator can detect the following 6 candle patterns:   hammer ,  inverse   hammer ,   bullish engulfing ,   hanging man ,   shooting star   and   bearish engulfing . The notations HH, HL, LH, and LL you can see on the labels are defined as follows: HH : Higher high HL : Higher low LH : Lower high LL : Lower low Setting Length: Sensitivity of the swing high/low de
Lets dabble a bit into Elliot Waves. This is a simple indicator which tries to identify Wave 1 and 2 of Elliot Impulese Wave and then projects for Wave 3. Ratios are taken from below link: https://elliottwave-forecast.com/elliott-wave-theory/ - Section 3.1 Impulse Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 - used for identifying the pattern. Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 - used for setting the targets Important input parameters MaximumNumBars : To calculate
Market Profile Heat indicator  — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible to use a f
Lets dabble a bit into Elliot Waves. This is a simple indicator which tries to identify Wave 1 and 2 of Elliot Impulese Wave and then projects for Wave 3. Ratios are taken from below link:   https://elliottwave-forecast.com/elliott-wave-theory/   - Section 3.1 Impulse Wave 2 is 50%, 61.8%, 76.4%, or 85.4% of wave 1 - used for identifying the pattern. Wave 3 is 161.8%, 200%, 261.8%, or 323.6% of wave 1-2 - used for setting the targets Important input parameters MaximumNumBars : To calc
Market Profile Heat indicator  — is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. It is also possible to use a f
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