Market / MetaTrader 5 / Indicators /

Magic PriceAction MT5

99 USD

Demo downloaded: 3

Published: 8 June 2025

Current version: 1.30

Magic PriceAction MT5

Indicators
Mohammad Rahchemandi
Mohammad Rahchemandi
Italy

2309
5 (17)
━━━━━━━━━━━━━━━ 💠 Mohammad RahChemandi 💠 ━━━━━━━━━━━━━━━
🔰 Forex Trader | MQL4 Developer | Software Engineer

8 products
Version: 1.30
Activations: 5

Magic Price Action – Advanced Candlestick Pattern Recognition by Mr Green76
Elevate your price action trading with Magic Price Action, an advanced MetaTrader 4 indicator that streamlines candlestick analysis through automated detection, deep customization, and an intuitive on-chart control panel.

Stop manually scanning charts—let Magic Price Action do the heavy lifting with precise, real-time identification of key candlestick patterns based on your personal strategy.

🔍 Key Features

✅ Intelligent Pattern Recognition
Automatically detects a wide range of classic candlestick patterns, including:

Doji
Hammer
Inverted Hammer
Full Body bars

✅ Define Up to 5 Custom Candle Conditions (C1–C5)
Build complex, multi-bar pattern sequences or isolate single-bar conditions. Each candle can be independently configured for:

Activation: Enable/disable specific candles.
Pattern Type: Choose from Doji, Full Body, Hammer, or Inverted Hammer.
Color Condition: Bullish, Bearish, or Any.
Wick-to-Body Ratio: Set upper/lower wick size relative to the body.
Body-to-Range %: Define body size as a percentage of full candle range.

🧩 Advanced On-Chart GUI Panel

Interactive & User-Friendly
No need to dig through properties windows. Adjust everything directly on your chart:

Draggable & Minimizable: Reposition or hide the panel to suit your workflow.
Responsive Layout: Panel auto-adapts to chart size.
Real-Time Editing: Modify wick/body ratios, calculation range, and more with instant effect.

📈 Clear Visual Signals

Signal Arrows: Arrows mark detected patterns using an ATR-based offset for optimal visibility.
Text Labels (Optional): Add pattern names like "Doji" or "Hammer" to the chart. Customize font, size, and color.

🧠 Smart Detection Logic

Single Pattern Recognition: Detect isolated candle patterns using only C1.
Sequential Pattern Recognition: Enable C1–C5 together to identify multi-candle formations in precise order.

⚙️ Performance & Display Controls

Optimize indicator behavior and chart clarity:

MaxBars : Set how many bars the indicator processes.
MaxBarsObjects : Limit how far back labels are drawn.
DisplayText : Globally enable/disable text labels.

💡 Why Traders Choose Magic Price Action

Save Time: Automates manual chart analysis.
Improve Accuracy: Apply consistent rules and logic.
Stay Alert: Never miss potential setups as they form.
Fully Customizable: Adapt the tool to your personal strategy.
Effortlessly Intuitive: Even complex setups are easy with the smart GUI.

📘 How to Use

Attach Magic Price Action to any MT4 chart.
The on-screen panel will load automatically.
Configure candle patterns (C1–C5) by setting pattern type, color, wick ratio, and body % as needed.
Adjust general settings like max bars or label display through the same panel.
Watch the chart highlight real-time signals with arrows and optional text.

Transform your candlestick trading with the automation, flexibility, and precision of Magic Price Action – crafted by Mr Green76 for traders who demand more from their price action tools.

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SmartReversals Auto Optimized: The Intelligent Indicator That Adapts to Your Chart Tired of indicators with fixed settings that only work in one market? Frustrated by endless manual optimization with no results? Introducing SmartReversals Auto Optimized – the first indicator that automatically optimizes itself for your chart. The real magic is its built-in Auto-Optimization Engine . Revolutionary Feature: Smart Auto-Optimization No more manual backtesting or guessing parameters! Whe

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Are you looking for precision and reliability in your trading strategy? This non-repainting indicator is designed to elevate your trading game by providing entry signals aligned with the current trend direction, offering a powerful edge for traders of all styles. Key Features: Dual Signal Modes for Ultimate Flexibility : 1️⃣ Swing Trading Mode : Ideal for longer trades. Hold positions with confidence and target higher profit potential. 2️⃣ Scalping Mode : Designed for quick trades with minim

60 USD

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Magic PriceAction MT5

Mohammad Rahchemandi

🔍 Key Features

🧩 Advanced On-Chart GUI Panel

📈 Clear Visual Signals

🧠 Smart Detection Logic

⚙️ Performance & Display Controls

💡 Why Traders Choose Magic Price Action

📘 How to Use