Pattern Tracker

  • Indicators
  • M Isa Ansori
    M Isa Ansori

    M Isa Ansori

    • Quantitative Developer & MQL5 Specialist at  I.A Intelligence Labs
    • Indonesia
    • 174
    Welcome to my profile!
    I am a Quantitative Developer and Algorithmic Trading enthusiast specializing in price action systems, candlestick pattern detection, and technical indicators for MetaTrader 5.
  • Version: 3.65

Pattern Scanner & Candle Timer MT5

Pattern Scanner & Candle Timer is an all-in-one visual indicator designed to help traders quickly identify key candlestick patterns in real-time while keeping track of candle close countdowns and current pip movements directly on the chart.

Instead of spending time manually scanning charts, this tool automatically highlights single, double, and triple candlestick patterns while providing an instant Grade Rating (A, B, C) to gauge pattern reliability.


✨ Key Features:

  • Real-time Candlestick Pattern Detection:

    • Grade A (High Reliability): Three White Soldiers, Three Black Crows, Morning Star, Evening Star, Bullish/Bearish Engulfing.

    • Grade B (Medium Reliability): Hammer, Shooting Star, Marubozu, Piercing Line, Dark Cloud Cover, Tweezer Top/Bottom.

    • Grade C (Indecision / Setup): Inside Bar, Doji.

  • Automatic Grade Rating [A, B, C]: Instantly rates detected patterns so you can filter out low-probability setups.

  • On-Chart Candle Timer & Pip Counter: Displays the remaining time before the current candle closes, along with real-time pip movement right next to the current Bid price.

  • Clean & Dynamic Display: Floating labels follow price movement smoothly without cluttering your chart windows.

  • Fully Customizable Settings: Easily change font size, colors, pixel offsets, or toggle display elements on/off.


⚙️ Input Parameters:

  • InpTextColor : Timer & Pips text color.

  • InpBullColor : Bullish pattern label color.

  • InpBearColor : Bearish pattern label color.

  • InpFontSize : Font size for labels.

  • InpFontName : Font family style.

  • InpSpaceOffset : Horizontal space offset from current candle.

  • InpShowPips : Enable/Disable pip movement display.

  • InpShowPattern : Enable/Disable pattern scanner display.


Strategy Summary & Easy Confluences

1. Core Strategy

Functions as a precise entry trigger based on validated candle patterns:

  • Grade [A]: Immediate execution signal at key price levels.

  • Grade [B]: Early reversal signal or trend continuation.

  • Grade [C]: Consolidation / wait-and-see warning.

2. Easy Multi-Confluence

Simply pair a Grade [A] pattern with 1 main filter:

  • + EMA 20/50 (Trend): BUY on a pullback during an Uptrend + Bullish Pattern [A].

  • + Support/Resistance (Levels): SELL at a Resistance zone + Bearish Pattern [A].

  • + RSI (Momentum): BUY when RSI is Oversold + Bullish Pattern [A].

3. Key Advantages

  • 100% No-Repaint: Signals freeze permanently after candle close.

  • Clean & Practical: Floating timer and pattern names right beside the Bid line keep your chart uncluttered for fast decision-making.

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