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Candlestick Patterns with Alerts MT5

FREE

Published: 22 November 2023

Current version: 1.2

Candlestick Patterns with Alerts MT5

Name: Candlestick Patterns with Alerts MT5
Rating: 4.25 (4 reviews)
Author: Peter Mueller

4.25

Indicators
Peter Mueller
Version: 1.2
Updated: 23 March 2024

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing.

Input parameters:

ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation
LongArrowColor: The color of the Arrows displaying a Bullish candle formation
BullishEngulfing: Disabled/Enabled/EnabledwithAlert
BearishEngulfing: Disabled/Enabled/EnabledwithAlert
Pin: Disabled/Enabled/EnabledwithAlert
Hammer: Disabled/Enabled/EnabledwithAlert
BullBreakout: Disabled/Enabled/EnabledwithAlerts
BearBreakout: Disabled/Enabled/EnabledwithAlert
Morning Star: Disabled/Enabled/EnabledwithAlerts
Evening Star: Disabled/Enabled/EnabledwithAlerts

The indicator will display the enabled formations with arrows below/above the candle where the formation happened. If you disable a formation, no arrows for that formation will be drawn on the chart. If you enable the pattern, there will be arrows appearing, where the candlestick formation happened. If you select "EnabledwithAlert", the indicator will send an alert, whenever there is a new candle on the chart and the formation happened on the last candle. Whenever you drag the mouse over any arrow displayed by the indicator, the formation will be shown in the description of the arrow.

If you are a manual trader and you'd like to see a game changer tool, that is easy to use, enables you to create powerful grid and hedging strategies, check out ManHedger.

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Video Candlestick Patterns with Alerts MT5

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1609

Petr Zharuk 2024.10.13 14:22 #

Спасибо

1381

Philip Kym Sang Nelson 2023.12.30 16:07 #

Every price action trader needs this indicator on their charts. What's more this indicator is Free! 5 Stars.

89775

Evgeny Belyaev 2023.11.29 17:17 #

Good Pattern!

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FREE

THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as

75 USD

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283

nunovski 2025.01.19 22:38 #

In the end I will not use it

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Reply from developer Peter Mueller 2025.01.20 13:36 #

Thanks for taking your time and writing a review. I'd happily listen to your advice: what should I change about the product? You gave 1 star for the description, which could be improved, but what in your opinion should be added? You also gave 1 star for reliability and usability. Did some error occur while operating? Is the indicator unreliable? What is the problem about it? I'm really curious. And last but not least, the user support. I'm sorry but I do not find any incoming message from you, you did not reach out to me, how can you make any judgement about the user support? I'd say leaving a bad review simply because "in the end you won't use it", is a bad practice. As far as I know the indicator does what it says it does, if you can't judge whether you need it or not, is not the indicators problem. I hope you will reach out to me and we can resolve this together.

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Petr Zharuk 2024.10.13 14:22 #

Спасибо

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Reply from developer Peter Mueller 2024.10.13 16:40 #

Thank you for the review!

[Deleted] 2024.05.19 04:31 #

User didn't leave any comment to the rating

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Reply from developer Peter Mueller 2024.05.19 11:26 #

Thanks a lot for your review!

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Philip Kym Sang Nelson 2023.12.30 16:07 #

Every price action trader needs this indicator on their charts. What's more this indicator is Free! 5 Stars.

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Reply from developer Peter Mueller 2023.12.31 12:49 #

Thanks for your review it means a lot to me and I'm glad you like it

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Evgeny Belyaev 2023.11.29 17:17 #

Good Pattern!

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Reply from developer Peter Mueller 2023.11.29 22:41 #

Thank you very much for your review, it means a lot to me!