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Candle Patterns

30 USD

Demo downloaded: 605

Published: 22 July 2015

Current version: 1.2

Candle Patterns

Indicators
Paul Geirnaerdt
Version: 1.2
Updated: 28 December 2020
Activations: 10

The Candle Patterns indicator shows popular candle patterns on the chart. The possible patterns are Inside Bar, Large Wick, Engulfing, Marubozu, Hammer, Shooting Star, Three White Soldiers and Three Black Crows. Candles are colored to easily identify the patterns. Also, a point and click function displays the pattern found.

Settings

Message box - when a candle is clicked, the pattern identified will be shown in a Message Box on the charts. All 'Message Box' settings pertain to the box.
Show Inside Bars - set to true to show Inside Bars.
Show Large Wick - set to true to show candles with Large Wicks.
Wick percent for LW - set to the percentage the wick height must be larger than the body height.
Show Doji - set to true to show Doji.
Body percent for D - set to the maximum percentage the body must be of the full candle height.
Show Engulfing Bars - set to true to show Engulfing Bars.
Show Marubozu - set to true to show Marubozu.
Wick percent for M - set to the maximum percentage the body must have.
Show Hammer - set to true to show Hammer.
Upper wick percent for SS - set to the minimum percentage the height of the upper wick must be of the body height.
Lower wick percent for SS - set to the maximum percentage the height of the lower wick must be of the body height.
Show Shooting Star - set to true to show Shooting Star.
Upper wick percent for H - set to the maximum percentage the height of the upper wick must be of the body height.
Lower wick percent for H - set to the minimum percentage the height of the lower wick must be of the body height.
Show Three White Soldiers - set to true to show Three White Soldiers.
Body percent for 3WS and 3BC - set to the minimum percentage the bodies of the candles must have of the average body height (for Three White Soldiers and Three Black Crows).
Show Three Black Crows - set to true to show Three Black Crows.
Color Palette - pick Color Palette for 'Dark' or 'Light' Backgrounds.
Colo(u)rs - you know what to do.

Message Box

When a colored candle is clicked, a message with the pattern name will be added to the Message Box. The Message Box will only appear on the chart when messages are present in the Box. Messages in the Box will disappear after some time. If the Message Box is empty, the Box itself will disappear.

Loose ends

Candle Patterns is not resource hungry.

Do not hesitate to contact me. Let me know what you think of Candle Patterns. Only with your help, I can create better tools for MT4.

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431

varon 2020.12.29 11:02 #

Amazing indicator!!! Just what I was looking for! Recommended!!! Thank you!

208

Wantanakorn 2017.04.14 11:57 #

Good candle patterns indicator

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Riskscope shows all relevant information about your trades on screen. Information on Stop Loss and Take Profit can be shown as price, pips or exposure. Besides, Riskscope can display a high- and low-watermark of the total of your basket of trades. Settings Riskscope's default settings are good enough most of the time. Nearly all of them are fairly standard. Here are the ones that need some explanation. Monospaced font - set this to the (name of) the font you want to use. A monospaced font looks

13 USD

Pivots is an indicator to show pivots for relevant time frames. Besides the pivots the indicator can also show daly open line, the resistance and support levels, the ADR Fibonacci levels and the order of the pivots. Pivots includes an intelligent algorithm to eliminate Sunday candles, but only if your broker provides those. Pivots are significant price levels that may serve as support, resistance or breakout levels Settings textFont - font to use for the labels. textSize - font size. textColor -

30 USD

The Inside Bars indicator shows Inside Bars, the Breakout Zone and Breakouts thereof. Inside Bars are an important price action pattern. The price action of an Inside Bar is completely covered by the price action of the previous bar. Inside Bars are most often used on higher timeframes. Settings Inside Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. ATR factor to skip large candles - very large candles should be filtered as they often cover othe

30 USD

The Engulfing Bars indicator shows Engulfing Bars, the signal and the suggested stoploss and take profit. Engulfing Bars are an important price action pattern. The price action of an Engulfing Bar completely covers the price action of the previous bar. Engulfing Bars are most often used on higher timeframes. Settings Engulfing Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. Show Engulfing Bars - Set to true to show Engulfing Bars. Body size pe

30 USD

The Flying Volume indicator is a specialized volume indicator. It deciphers the volume data after heavy proprietary number crunching. When a main signal is found Flying Volume will look for possible continuation points. The main signal is shown by arrows, the continuation points by dots. Volume indicators are most often used on higher timeframes. Features Main Buy or Sell signals Continuation signals No repainting One signal per bar Settings Flying Volume default settings are good enough mos

30 USD

Fractalicious shows Fractals of any length, higher or lower highs and lower of higher lows, the fractal channel and the breakout of the channel. Fractals are an important trend and price action pattern. Fractalicious can be used on any timeframe and symbol. Settings Fractalicious default settings are good enough most of the time. Feel free to fine tune them to your needs. Show last fractal - Set to true to show fractals from the last completed bar. (This could move the fractal if the current b

30 USD

Breakout Hero is a Multi Symbol , Auto Timeframe , Breakout Expert Advisor . It recognizes breakout patterns and will set pending trades. When triggered Breakout Hero will monitor trades and adjust the stop loss. Breakout Hero is a multi symbol EA, it will trade EURUSD, GBPUSD, USDJPY and USDCAD. Also, Breakout Hero is auto timeframe. Just drop Breakout Hero on any chart and start trading. Only one chart is needed, Breakout Hero will trade the symbols you pick from the settings. You can monitor

99 USD

Dark Rider is a Night Scalper Expert Advisor . It recognizes overbought and oversold conditions in the hours after close of the New York Exchange and trades accordingly. Dark Rider features an on screen monitor and settings panel on which you can monitor your status and progress. A signal for Dark Rider can be found here . New in version 1.5 The option 'Stay in trending trades' is new for version 1.5. It will keep you in trending trades. Profitability has been increased while drawdown has be

149 USD

Diverence Dash is a MACD, RSI, OBV, Momentum, Stochastic or Standard Deviaviation Divergence Dashboard. It will scan all symbols and timeframes you want. Also, Divergence Dash can open charts with the divergence found using the template of your choice. Divergences are often used as a leading indicator and, by using Divergence Dash, are easy to spot. The risk/reward ratio in divergence trading is very low. What can Divergence Dash for you: Find MACD, RSI, OBV, Momentum, Stochastic or Standard Dev

59 USD

NEWS Price increased to $249 from $149 on September 16th. Buy Fusion Trader v2 and get Donchian Trader for free. (limited to 3 account numbers) Fusion Trader v2 is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader v2 is a complete rewrite from v1, it trades different and more symbols. With default settings Fusion Trader has gained 5% monthly on ave

249 USD

Donchian Trader is a Multi Index , Auto Timeframe , Expert Advisor . It features a Donchian Channel strategy for different indices on the daily timeframe. Donchian Trader will monitor trades and adjust to market conditions. Donchian Trader is a multi index EA, For now, it will trade the Dow Jones (US30), S&P 500 (US500) and DAX (GER30). Also, Donchian Trader is auto timeframe. Just drop the EA on any chart and start trading. Only one chart is needed, Donchian Trader will trade the indices

249 USD

NEWS Launch Price for a limited period now $499. Fusion Trader v3 is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader v3 is a complete rewrite from v2, it trades differently and more symbols. It is now 100% Metratrader 5 compatible. Fusion Trader v3 is a multi symbol EA, For now, it will trade several symbols. Also, Fusion Trader is auto timeframe

499 USD

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431

varon 2020.12.29 11:02 #

Amazing indicator!!! Just what I was looking for! Recommended!!! Thank you!

484

pochiponuki 2018.06.04 04:14 #

Color candle is not displayed

208

Wantanakorn 2017.04.14 11:57 #

Good candle patterns indicator

Version 1.2 2020.12.28

Changes for v1.2
* Harami pattern
* Alerts

Version 1.1 2020.03.28

Upgrade to MT4 build 1220