ReversalCandlestickPatterns

  • Indicators
  • Casey Nkalubo
    Casey Nkalubo
    2.6 (6)
    I am a passionate trader with a sharp eye for market structure, liquidity, and high-probability setups. My approach is rooted in precision, patience, and disciplined execution, where risk management is not just a rule but the foundation of consistency.
  • Version: 1.0

Reversal Candlestick Patterns Indicator — Free Version

This MT5 indicator identifies common bullish and bearish candlestick reversal patterns and displays them directly on the chart.
It can be used on any market and timeframe, providing traders with clear visual references for potential reversal points.

Main Features

  • Automatic detection of well-known candlestick reversal patterns

  • Works on all available MT5 timeframes

  • Can be applied to Forex, Stocks, Commodities, Indices, and Cryptocurrency charts

  • Patterns remain on the chart once detected

  • Color-coded markers and pattern labels for clarity

Detected Patterns

  • Hammer & Inverted Hammer

  • Shooting Star

  • Bullish Engulfing

  • Bearish Engulfing

  • Morning Star & Evening Star

  • Doji variations

  • Piercing Line & Dark Cloud Cover

  • Other standard reversal patterns

Settings and Parameters

  1. Timeframe — Select the chart timeframe for pattern scanning

  2. Alert Mode — Enable or disable alerts (pop-up, push, email)

  3. Pattern Sensitivity — Adjust the strictness of detection

  4. Show Labels — Display or hide pattern names on chart

  5. Arrow Size & Color — Customize visual markers

How to Use

  1. Attach the indicator to the desired chart

  2. Adjust settings if needed

  3. Observe highlighted patterns as they appear

  4. Combine with your preferred market analysis methods

For questions or feedback, please contact us via the MQL5 messages system.


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Cypher Pattern Detector A tool for automatic detection of Cypher harmonic patterns (XABCD) in financial charts. Overview The Cypher Pattern Detector identifies both bullish and bearish Cypher harmonic patterns in real time. It applies Fibonacci ratio validation and a quality scoring system to highlight patterns that closely match the defined structure. This helps traders observe and analyze potential market structures more consistently, without the need for manual drawing. Main Features Pattern
FREE
Session Liquidity Pro (SLP) – Professional ICT/SMC Session & Liquidity Indicator Unlock the power of institutional session dynamics with precision-engineered tools designed for serious traders. Session Liquidity Pro is a broker-agnostic, high-performance MT5 indicator that visualizes key liquidity and session concepts used by professional ICT/SMC traders. Built with clean architecture and focused on accuracy, it eliminates common pitfalls like incorrect session times caused by broker offsets or
FREE
Megatron Shark Indicator – MT5 Harmonic Pattern Detection Tool The Megatron Shark Indicator is a MetaTrader 5 tool for detecting and displaying Shark harmonic patterns directly on the chart. It automatically identifies bullish and bearish Shark formations, calculates entry, stop-loss, and take-profit levels, and provides real-time alerts. This allows traders to quickly integrate harmonic pattern analysis into their trading process without manual drawing. Advantages * Automatic Pattern Detection
FREE
SmartSRZones is an MT5 indicator designed to automatically detect, display, and manage support and resistance zones directly on the chart. It combines market structure recognition with candlestick pattern detection to help traders view important price levels without manual marking. The indicator is suitable for different trading approaches, including short-term and long-term analysis. Key Features Automatic Zone Detection Identifies support and resistance areas based on swing points, volume, an
FREE
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