CandlestickFinderMaster

## What it does

BCPF is an MT4 on-chart indicator that scans price history for **18 active
candlestick patterns** and labels detected formations directly on the chart.
A compact checklist panel lets you enable or disable each bullish and bearish
pattern independently.

The 18 available patterns are:

- **Bullish:** Hammer, Inverse Hammer, Bullish Engulfing, Morning Star,
  3 White Soldiers, Dragonfly Doji, Bullish Marubozu, Bullish Harami,
  Piercing Line.
- **Bearish:** Hanging Man, Shooting Star, Bearish Engulfing, Evening Star,
  3 Black Crows, Gravestone Doji, Bearish Marubozu, Bearish Harami,
  Dark Cloud Cover.

A separate trend panel shows the current readings of the three trend methods
used by the indicator — MA alignment, ADX directional bias and adaptive
moving-average slope — together with their combined majority vote.

## A practical note on pattern selection

Although BCPF provides all 18 formations, there is no requirement to use all
of them at the same time. The checklist is there precisely because the useful
subset can vary with the instrument, timeframe and trading style.

As a purely informal example, after observing **several dozen XAUUSD
sessions**, the following eight patterns appeared particularly useful to the
author:

- Inverse Hammer
- Morning Star
- Dragonfly Doji
- Bullish Marubozu
- Hanging Man
- Shooting Star
- Evening Star
- Gravestone Doji

This is **not a trading recommendation, a preset claimed to be optimal, or a
universal rule**. It is only a loose practical observation from a limited
sample of sessions. Other instruments, timeframes and market regimes can
naturally favour a different selection.

## How it works

- **Mixed pattern geometry.** BCPF does not use one universal candle formula.
  Depending on the formation, detection uses a combination of ATR-relative
  body/wick thresholds, ratios relative to the candle's own High–Low range,
  and direct OHLC relationships between neighbouring candles. This allows the
  rules to scale across different symbols and timeframes without relying on
  fixed pip-sized candle definitions.

- **ATR-relative body classification.** `ATRPeriod` provides the volatility
  reference for small, large, star and doji body classifications, as well as
  the Marubozu and Doji wick tests.

- **Range-relative wick patterns.** Hammer, Inverse Hammer, Hanging Man and
  Shooting Star use wick and body proportions relative to the candle's own
  total range. The relevant thresholds are `WickMinRatio`,
  `WickMaxBodyRatio` and `WickMaxOppositeRatio`.

- **Trend-context filter.** With `UseTrendFilter = true`, reversal formations
  are checked against the price action that occurred **before** the pattern.
  BCPF uses two different context mechanisms depending on the type of
  formation.

- **Local context for single-candle reversals.** Hammer, Inverse Hammer,
  Hanging Man, Shooting Star, Dragonfly Doji and Gravestone Doji use a short
  local directional move measured over `SwingBars`. The net close-to-close
  movement must exceed `SwingATRFactor × ATR` to be classified as a clear
  local upswing or downswing.

  Hammer/Hanging Man and Inverse Hammer/Shooting Star share the same basic
  candle geometry, so the local move is also used to decide which member of
  each pair is more appropriate. When the local move is ambiguous, candle
  direction is used as a tie-breaker.

- **Broader context for multi-candle reversals.** Engulfing, Morning/Evening
  Star, 3 White Soldiers/Black Crows, Harami, Piercing Line and Dark Cloud
  Cover use the selected trend method across the bars immediately preceding
  the complete pattern.

  `TrendMethod` can be:

  - `0` — three-MA alignment,
  - `1` — ADX directional bias,
  - `2` — adaptive MA / KAMA slope,
  - `3` — majority vote requiring agreement from at least two of the three.

  The prior-context scan uses `PriorTrendBars`. A clear opposite prior trend
  rejects the formation. If the context is flat or ambiguous, the indicator
  deliberately remains permissive and allows the candle pattern itself to be
  shown.

- **Three-MA trend method.** Bullish trend requires Fast MA > Mid MA > Slow
  MA; bearish trend requires the reverse ordering.

- **ADX trend method.** Direction is taken from +DI versus -DI only when ADX
  reaches `ADX_Threshold`. Below that threshold the ADX method returns a flat
  reading.

- **Adaptive MA method.** BCPF computes a native Kaufman-style adaptive moving
  average and evaluates its slope over `AMA_Slope` bars. A small ATR-based
  noise filter prevents tiny fluctuations from being classified as trend.

- **Trend panel.** If `ShowTrendPanel` is enabled, four live readings are
  displayed: `MA3`, `ADX`, `AMA` and `VOTE`, each shown as `UP`, `DOWN` or
  `FLAT`. The panel also identifies which method is currently selected for
  the multi-candle trend filter.

- **Interactive checklist.** Each of the 9 bullish and 9 bearish formations
  can be toggled independently from the on-chart panel. Pattern choices are
  stored in MT4 terminal global variables and restored between sessions.

- **Stable chart labels.** Detected formations are labeled on their candle
  using the candle timestamp as part of the object identity, so labels remain
  attached to the correct candle as bar indexes shift with new data.

- **Confirmed or live detection.** With `ShowOnlyConfirmed = true`, BCPF scans
  only closed candles. If a valid formation is present, it is identified and
  labeled as soon as the indicator processes the newly closed candle — in
  normal MT4 operation, on the first tick/calculation of the new bar. There is
  therefore no additional confirmation delay beyond the candle close itself.

  When `ShowOnlyConfirmed` is disabled, the current forming candle is evaluated
  as well; such a provisional pattern can therefore appear before close and
  disappear again if the candle's shape changes.

- **Alerts and push notifications.** `ShowAlerts` and `SendPushNotif` can
  announce a pattern on the currently monitored candle. Each pattern is
  de-duplicated by candle timestamp so the same formation is not repeatedly
  announced on every tick.

## What you can configure

| Group | Parameters |
|---|---|
| Shape thresholds | `ATRPeriod`, `SmallBodyFactor`, `LargeBodyFactor`, `StarBodyFactor`, `DojiBodyFactor`, `MarubozuWickFactor`, `WickMinRatio`, `WickMaxBodyRatio`, `WickMaxOppositeRatio`, `SoldierCrowWickFactor` |
| Detection behaviour | `ShowOnlyConfirmed`, `MaxBarsBack` |
| Notifications | `ShowAlerts`, `SendPushNotif` |
| Visuals | `BullishColor`, `BearishColor`, `LabelFontSize`, `LabelOffsetPips`, `PanelX`, `PanelY` |
| Trend filter | `UseTrendFilter`, `ShowTrendPanel`, `TrendMethod`, `PriorTrendBars`, `SwingBars`, `SwingATRFactor` |
| Moving averages | `MA_Fast`, `MA_Mid`, `MA_Slow`, `MA_Type`, `MA_Price` |
| ADX | `ADX_Period`, `ADX_Threshold` |
| Adaptive MA (KAMA) | `AMA_Period`, `AMA_FastEMA`, `AMA_SlowEMA`, `AMA_Slope` |

## Default settings

- `ATRPeriod = 14`
- Body factors:
  - `SmallBodyFactor = 0.30`
  - `LargeBodyFactor = 0.70`
  - `StarBodyFactor = 0.30`
  - `DojiBodyFactor = 0.10`
- `MarubozuWickFactor = 0.10`
- Wick/range thresholds:
  - `WickMinRatio = 0.55`
  - `WickMaxBodyRatio = 0.30`
  - `WickMaxOppositeRatio = 0.15`
  - `SoldierCrowWickFactor = 0.30`
- `ShowOnlyConfirmed = true`
- `ShowAlerts = false`
- `SendPushNotif = false`
- Bullish color: **Lime**
- Bearish color: **Red**
- `LabelFontSize = 8`
- `LabelOffsetPips = 5`
- `MaxBarsBack = 500`
- Panel position: `X = 10`, `Y = 20`
- `UseTrendFilter = true`
- `ShowTrendPanel = true`
- `TrendMethod = 3` — majority vote (2 of 3)
- `PriorTrendBars = 30`
- `SwingBars = 8`
- `SwingATRFactor = 0.5`
- Moving averages:
  - Fast = **20**
  - Mid = **50**
  - Slow = **200**
  - type = **EMA**
  - applied price = **Close**
- ADX:
  - period = **14**
  - threshold = **20.0**
- Adaptive MA / KAMA:
  - efficiency-ratio period = **10**
  - fast EMA = **2**
  - slow EMA = **30**
  - slope lookback = **3**

## Interpretation

BCPF is a **pattern-identification and context tool**, not a standalone trading
system.

A candlestick formation is a description of recent price geometry, not a
guarantee of what price will do next. The optional context filters are intended
to reduce obvious mismatches between a reversal pattern and the price action
that preceded it, but they do not turn a candlestick pattern into a certainty.

The checklist is therefore intentionally flexible: the user can decide which
formations are useful for a particular market and ignore the rest.

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This product was   updated   for   the 2026 market   and   optimized   for the   latest MT5 builds. PRICE UPDATE NOTICE: Atomic Analyst is currently available for $99. The price will increase to $199 after the next 30 purchases. SPECIAL OFFER:  After purchasing Atomic Analyst, send me a private message to claim the Smart Universal EA for FREE and turn your Atomic Analyst signals into automated trades. Atomic Analyst is a non-repainting, non-redrawing, and non-lagging price action trading indic
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (26)
Introducing   Quantum Breakout PRO , the groundbreaking MQL5 Indicator that's transforming the way you trade Breakout Zones! Developed by a team of experienced traders with trading experience of over 13 years, Quantum Breakout PRO is designed to propel your trading journey to new heights with its innovative and dynamic breakout zone strategy. Quantum Breakout Indicator will give you signal arrows on breakout zones with 5 profit target zones and stop loss suggestion based on the breakout box. I
Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch
System Trend Pro
Aleksandr Makarov
5 (3)
The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the opposite signal. By the way, it is on Scalping that most traders make m
CRT Candle Range Theory HTF MT4 - Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator. Unlock the true power of Smart Money Concepts (SMC) and trade precisely like the institutions with the Ultimate CRT Indicator. Built exclusively for serious traders, this indicator automates the highly effective Candle Range Theory (CRT), a core pillar of ICT Concepts (Inner Circle Trader), and
Neuro Poseidon MT4
Daria Rezueva
4.74 (46)
Neuro Poseidon is a new indicator by Daria Rezueva. It combines precise trading signals with adaptive TP/SL levels - creating best possible trades as a result! Message me and get  Neuro Poseidon Assistant  as a gift to automize your trading process! What makes it stand out? 1. Proven profitability on all assets and timeframes 2. Only confirmed BUY and SELL signals present on the chart 3. Adaptive TP & SL levels generated by the software for each trade 4. Easy to understand - suitable for all
True Direction Oscillator
Muhammad Elbermawi
4.85 (364)
Or (TDO)  which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at rea
Pro Trend Scanner
Nikolay Georgiev
5 (1)
Update: Push to mobile notification is now added as optinal in the settings. Most traders fail to generate profit because of the lack of so-called filters and scanners. If you want to win at trading you need a solid system and also a filtering tool for some or all of your entry criteria. It is impossible to follow 24 currency pairs, all the indices, stocks and commodities without a filtering tool. Imagine you can get an email any time CCI crosses bellow 100 and 0 when the price is bellow MA5 an
Dark Support Resistance  is an Indicator for intraday trading. This Indicator is programmed to identify  Support and Resistance Lines , providing a high level of accuracy and reliability. Key benefits Easily visible lines Only the most important levels will be displayed Automated adjustment for each timeframe and instrument Easy to use even for beginners Never repaints, never backpaints, Not Lag 100% compatible with Expert Advisor development All types of alerts available: Pop-up, Email, Push
Top Bottom Tracker is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend / MT5 version . The price will progressively increase until it reaches 500$. Next price --> $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe     All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The higher the value, the
TrendLine PRO MT4
Evgenii Aksenov
4.83 (168)
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection. Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices. The indicator is used in trading on real accounts, which confirms the reliability of the strategy. Robots using   Trend Line PRO   and real Signals can be found here:   
This indicator presents an alternative approach to identify Market Structure. The logic used is derived from learning material created by   DaveTeaches (on X) Upgrade v1.10: add option to put protected high/low value to buffer (figure 11, 12) When quantifying Market Structure, it is common to use fractal highs and lows to identify "significant" swing pivots. When price closes through these pivots, we may identify a Market Structure Shift (MSS) for reversals or a Break of Structure (BOS) for co
PZ Trend Trading
PZ TRADING SLU
4.8 (5)
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
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SupandResFinderMaster
Jerzy Krzysztof Bednarski
## What it does SRLF is an MT4 on-chart indicator that identifies and draws probable support and resistance zones as shaded boxes. It combines confirmed swing points, directional tick-volume pressure, and a lightweight market-structure read to estimate areas where support or resistance is more likely to form. The indicator keeps the most recently qualified support and resistance zones active, extends them forward, monitors their interaction with price, and detects confirmed breaks and role re
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