Price Action Detector MT5
- Indicators
- Tola Moses Hector
- Version: 1.0
- Activations: 20
Price Action Detector — Candlestick Pattern Tool
Price Action Detector is a professional indicator that identifies and labels 27 candlestick and price action patterns directly on the MetaTrader chart. All detections are made on confirmed, closed bars only, ensuring accuracy without repainting.
Pattern Detection
The indicator covers bullish, bearish, and neutral formations, including hammers, engulfing patterns, stars, soldiers, crows, doji variations, and spinning tops. Categories can be toggled on or off, and individual pattern controls allow fine‑tuning of the most commonly traded setups.
Control Panel
A draggable, minimizable panel provides quick access to category toggles, individual pattern slots, and a rescan function. Panel position persists across chart reloads using MetaTrader global variables.
Alerts and Lookback
Native pop‑up, email, and push notifications fire when a new pattern is confirmed on the most recent closed bar. Alerts are deduplicated to avoid repetition. Traders can configure the lookback period to balance chart detail with performance.
Notes
The detection engine used here is the same as in Trade Assistant Pro SMC + Price Action, making this indicator a versatile standalone tool or a complementary component when used alongside the EA. It is a technical analysis tool only, does not place trades, and does not guarantee any trading outcome.
Support & Updates
Purchasers receive documentation, updates, and support via MQL5 chat.
