CandleScope Pro

This indicator automatically detects and visually marks the most important bullish and bearish candlestick reversal patterns on your chart.
It highlights each detected pattern with arrows, labels, and optional colored boxes, and displays a summary panel with pattern counts.

Supported Bullish Patterns:

  • Hammer
  • Inverted Hammer
  • Bullish Engulfing
  • Morning Star
  • Bullish Harami
  • Bullish Pin Bar

Supported Bearish Patterns:

  • Shooting Star
  • Bearish Engulfing
  • Gravestone Doji
  • Evening Star
  • Bearish Harami
  • Bearish Pin Bar

How CandleScope Pro Works

1. Pattern Detection

  • The indicator scans the last 120 candles on any timeframe.
  • It looks for well-known candlestick patterns (like Hammer, Engulfing, Harami, Pin Bar, etc.).
  • Bullish patterns (buy signals) are detected when the price action suggests a possible upward move.
  • Bearish patterns (sell signals) are detected when the price action suggests a possible downward move.

2. Visual Signals

  • When a pattern is detected, the indicator:
    • Draws an arrow on the chart (up for buy, down for sell).
    • Adds a label with the pattern name.
    • Optionally draws a box around the candle(s) forming the pattern.

3. Alerts

  • For strong bullish Harami patterns, the indicator gives a buy alert.
  • You can add alerts for other patterns if you wish.

4. Timeframe Flexibility

  • The indicator works on any timeframe (M1, M5, H1, D1, etc.).
  • On short-term timeframes (like M1, M5), signals are for quick trades (scalping/intraday).
  • On long-term timeframes (like H4, D1, W1), signals are for swing or position trades.

How to Use for Buy/Sell, Short/Long Term

  • Buy (Bullish) Signal:
    When you see a green/blue arrow and label (Hammer, Bullish Engulfing, Morning Star, Bullish Harami, Bullish Pin Bar), consider buying.
  • Sell (Bearish) Signal:
    When you see a red/orange/blue arrow and label (Shooting Star, Bearish Engulfing, Gravestone Doji, Evening Star, Bearish Harami, Bearish Pin Bar), consider selling.
  • Short-Term Trading:
    Use the indicator on lower timeframes (M1, M5, M15). Enter and exit trades quickly based on the signals.
  • Long-Term Trading:
    Use the indicator on higher timeframes (H4, D1, W1). Wait for strong patterns and hold trades longer.

Features:

  • Customizable arrow symbols and colors for each pattern
  • Optional label and box highlighting for detected candles
  • Summary panel showing which patterns are currently detected and their counts
  • Optimized for smooth performance

Usage:

  • Attach the indicator to any chart and timeframe
  • Use the settings panel to enable/disable patterns, change colors, symbols, and display options

This tool helps traders quickly spot key reversal signals and make informed trading decisions based on price action.


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ScalpPoint is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates — all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or emai
RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
Indicators
RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
Gold Signal Pro with Auto TP SL
Genki Andou
3.67 (3)
Indicators
An MT4 version is also available https://www.mql5.com/en/market/product/170617  M30/H1/H4 Swing Version Available Want to catch the big moves that M5/M15 can't reach? Gold Signal Swing Pro (M30/H1/H4) is now available. Target $20-$80+ per trade. https://www.mql5.com/en/market/product/177643 KURAMA GOLD SIGNAL PRO (MT5) — 7-Layer Filter XAUUSD Complete Trading System No repaint. No redraw. No lag. Every signal stays f
FX Power MT5 NG
Daniel Stein
5 (32)
Indicators
FX Power: Analyze Currency Strength for Smarter Trading Decisions Overview FX Power is your go-to tool for understanding the real strength of currencies and Gold in any market condition. By identifying strong currencies to buy and weak ones to sell, FX Power simplifies trading decisions and uncovers high-probability opportunities. Whether you’re looking to follow trends or anticipate reversals using extreme delta values, this tool adapts seamlessly to your trading style. Don’t just trade—trade
Meta Trend PRO MT5
Roman Podpora
5 (1)
Indicators
META TREND PRO       — is a trend-following tool that takes the guesswork out of trading and shows where the market has already made its decision. The indicator identifies key points where trends, trends, and structures change, and highlights areas where the price returns for major players to take positions. You don't just see the movement—you understand the logic behind it. All signals are recorded after the candle closes, are not redrawn, and are saved on the chart, allowing you to confidently
Meravith MT5
Ivan Stefanov
5 (1)
Indicators
MERAVITH provides complete liquidity map of the analyzed market. Hedge funds tool. It performs all calculations automatically using a proprietary volume-weighted average price methodology, eliminating subjective interpretation entirely. Meravith will: Analyze all timeframes and display the current trend in force. Highlight liquidity zones (volume equilibrium) where bullish and bearish volumes are equal. Display all liquidity levels across different timeframes directly on your chart. Generate an
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CandleScope
Ayodeji Se Amodu
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CandleScope Pro Demo – Candlestick Pattern Indicator CandleScope Pro Demo is a powerful and easy-to-use indicator for MetaTrader 5 that automatically detects and labels the most popular candlestick patterns directly on your chart. This tool is designed to help traders of all levels quickly identify key reversal and continuation signals, improving decision-making and trading accuracy. Key Features: Automatic Detection:   Instantly scans and highlights the following candlestick patterns: Doji Spin
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