Liquidity Labs Candle Power
- Indicators
- Version: 1.9
Liquidity Labs Candle Power is a real-time market-analysis indicator for MetaTrader 5 designed to show the strength, direction and condition of the current price move in one compact dashboard.
Instead of requiring several separate indicators and windows, Candle Power brings candle behavior, directional pressure, trend context, momentum, volatility and pattern information together directly on the main chart.
The indicator is designed as a decision-support tool for discretionary traders. It does not open or manage trades.
MAIN DASHBOARD
LIVE STATUS
Shows the current candle direction and live move-strength reading.
The Power value represents the strength of the current price move. It is not a statistical win probability.
CANDLE
Classifies the current candle and its market role, including conditions such as impulse, drift and pullback behavior.
STATE
Shows whether the current move is building, strengthening, weakening or remaining steady, together with an assessment of reversal risk.
MODEL PRESSURE
Displays the current balance between modeled buying and selling pressure.
This helps show whether the active candle direction has broad participation or is becoming increasingly opposed.
BROADER BIAS
Displays the broader directional context together with the current live move condition.
This allows traders to distinguish directional continuation from a pullback occurring inside a larger move.
ADX / DI
Displays trend-strength information together with directional-control information and the current DI spread.
This section helps distinguish directional expansion from weaker or less established movement.
VOLUME / ATR
Compares current activity with normal market activity and shows the current move relative to recent volatility.
This helps identify expanding, normal or lighter market participation.
STOCHASTIC STATE
Shows the current stochastic position and whether momentum is rising or falling.
PATTERN
Displays the candlestick pattern currently detected by the indicator when a recognized pattern is present.
OUTLOOK
Combines the current market information into a concise directional state such as a building move, continuing move or pullback condition.
SIGNAL MARKERS
Gold markers highlight detected directional candle setups on the price chart.
Confirmed historical signal markers are calculated from completed candles.
The live Candle Power marker and dashboard are intentionally dynamic. Their values can change while the current candle is still forming because they are designed to show the current developing market condition.
POWER SCORE
Candle Power uses a normalized strength scale to make different move conditions easier to compare.
Higher Power means the current move is displaying stronger directional characteristics according to the indicator.
Power is move strength, not win probability.
FEATURES
- Live bullish and bearish move-strength readings
- Clean left-side professional dashboard
- Current candle classification
- Directional pressure analysis
- Broader market-bias context
- Trend-strength and directional-control information
- Volume and volatility context
- Stochastic momentum state
- Candlestick pattern recognition
- Live market-state outlook
- Confirmed directional chart markers
- Optional live warning alerts
- Optional popup and push notifications
- Adjustable display and signal settings
- Works directly on the main MetaTrader 5 chart
- No external services or DLLs required
USAGE
Attach Liquidity Labs Candle Power to a chart and allow sufficient historical data to load.
The dashboard begins updating with the current market condition.
The indicator is particularly useful when comparing the live candle direction with the broader market bias.
For example, a bearish live candle during a broader bullish condition may represent a pullback rather than a complete directional reversal.
The STATE, PRESSURE, ADX/DI, VOLUME/ATR and STOCH sections can then be used to evaluate whether that move is gaining strength, losing strength or remaining uncertain.
Gold historical markers can be used to review previously detected candle setups.
INPUT SETTINGS
The indicator includes configurable groups for:
Signal filtering and chart-marker display
Dashboard visibility and position
Live early-warning behavior
Move-strength analysis
Momentum and volatility analysis
Pattern and structure sensitivity
Popup and push notifications
The default settings are designed to provide a balanced starting point. Traders can adjust the settings for their preferred instrument and trading style.
IMPORTANT INFORMATION
The live dashboard evaluates an actively forming candle. Live values can therefore change before that candle closes.
Confirmed historical arrows are based on completed candle calculations.
Different brokers, symbols and market conditions can produce different tick-volume, spread and price behavior.
Candle Power is an analytical tool and does not guarantee future market direction or trading results.
It does not place orders, calculate position size or replace appropriate risk management.
SUPPORT
If you experience an issue, please contact the seller through the MQL5 product comments or MQL5 messaging system.
When reporting a technical issue, please include the symbol, timeframe, MetaTrader build, indicator settings and a screenshot when possible.
I like this indicator, I tried it on the ACC demo to test the performance and it's really good.. hope the indicator continues to develop 👍🏼