• Overview
  • Reviews (5)
  • Comments (16)
  • What's new

Magic Candles MT5

Magic Candles MT5 is a new product that allows identifying the current market phase (uptrend, downtrend or flat).

This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts.

Magic Candles MT5 is perfect for trading currencies (including cryptocurrencies) and binary options.

Magic Candles for MetaTrader 4 can be downloaded here: https://www.mql5.com/en/market/product/25921.


Advantages

  • Suitable for scalping and intraday trading.
  • The indicator does not redraw (recalculate), signals are generated strictly on the "Close of the bar".
  • It can be used as a standalone tool or together with other indicators.
  • System of notifications to email and mobile device on new indicator signals.
  • Simple indicator setup, minimum parameters.
  • Works on any financial instruments and markets.


How to use the product

When the last candle's color changes from gray to red, open a sell order (see screenshot #1).

When the candle color changes from gray to green, open a sell order.

When a gray bar appears, close the open orders, as the flat is expected.


Parameters

  • Zone BUY - color of buy candles (green by default).
  • Zone SELL - color of sell candles (red by default).
  • Neutral zone - color of flat (gray by default).
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email - enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push - enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.


Developer

Evgeny Belyaev - professional programmer and successful trader.

Reviews 5
rocha7778
29
rocha7778 2021.02.01 05:10 
 

Excellent product. I won the double of my investment in one ticket.

MATTEW
223
MATTEW 2020.06.11 17:09 
 

good indicater for day trendres

andyfedototov
24
andyfedototov 2018.10.05 22:42 
 

Hi, everybody.Useful product.

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The Awesome Oscillator Alert MT5  technical indicator designs for point you quite clearly what’s happening in the market driving force at the present moment. On the other hand quickly draw and notify all entry and exit signals (Color changing,  Saucer  and  Zero line crossing  moment etc...). So it is recommended for all traders who using traditional AO without notification alerts.  Saucer Strategy  Buy Entry: Awesome Oscillator is above the zero line There are two consecutive red histograms T
50 USD
Elder Force Index With ATR Channels
Elder Force Index With ATR Channels
Financial Trading Seminars Inc.
Adding Average True Range (ATR) channels to Force Index had been suggested by Kerry Lovvorn. Adding these channels turns Force Index into an excellent tool for identifying intermediate tops and bottoms. Force Index with ATR channels does not catch all turns, but the ones it identifies deserve very serious attention. Note: the word “true” in Average True Range refers to dealing with price gaps. Since there are no gaps in Force Index, here ATR is the same as the Average Range. Whenever the Force I
50 USD
Crypto Trend Finder
Crypto Trend Finder
Cumhur Yugnuk
Crypto Trend Finder follow trend. Color change trend changed. Works in BTCUSD/BABUSD/BSVUSD/ETHUSD/ETCUSD/BTGUSD/DSHUSD/ZECUSD/IOTUSD/XRPUSD and all crypto pairs Best timeframes 15M/30M/1H/4H/DAILY Note : Not use 1M/5M Signal on close of a bar. DOES NOT repaint. DOES NOT repaint. DOES NOT repaint. DOES NOT repaint. DOES NOT recalculate. DOES NOT recalculate. DOES NOT recalculate. DOES NOT recalculate Settings : No Settings, change color
150 USD
Ultimate Double Top Bottom Scanner MT5
Ultimate Double Top Bottom Scanner MT5
FXsolutions
This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric
119 USD
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Click Info MT5
Click Info MT5
Evgeny Belyaev
The Click Info is a simple utility for the MetaTrader 5 terminal that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical a
12 USD
Magic Candles Free for MT5
Magic Candles Free for MT5
Evgeny Belyaev
Magic Candles FREE   is a new unique product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles FREE  - is a demo version, which works only on the AUDUSD currency pair. Unlimited version can be purchased here:  https://www.mql5.com/en/market/product/29342 Advantages High accuracy of signals. Suitable for scal
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Currency RSI Scalper Free MT5
Currency RSI Scalper Free MT5
Evgeny Belyaev
Currency RSI Scalper Free MT5   -is a professional indicator based on the popular Relative Strength Index (RSI) indicator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows Currency RSI Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sittin
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Advanced Stochastic Scalper Free for MT5
Advanced Stochastic Scalper Free for MT5
Evgeny Belyaev
Advanced Stochastic Scalper Free  for MT5  is a professional indicator based on the popular Stochastic Oscillator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper Free to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely m
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Exclusive Trendline
Exclusive Trendline
Evgeny Belyaev
Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on. There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to ad
25 USD
Magic Channel Free
Magic Channel Free
Evgeny Belyaev
Magic Channel Free is a channel indicator for the MetaTrader 5 trading platform. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening sign
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Best Scalper Oscillator Free
Best Scalper Oscillator Free
Evgeny Belyaev
Best Scalper Oscillator Free   is an indicator for   MetaTrader 5   based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points.  Best Scalper Oscillator Free   is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time.  Best Scalper Oscillator Free  - is a demo version, which works only on the USDCHF currency pair. Unlimited version can be purcha
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Advanced Stochastic Scalper MT5
Advanced Stochastic Scalper MT5
Evgeny Belyaev
Advanced Stochastic Scalper MT5 is a professional indicator based on the popular Stochastic Oscillator. Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely ma
35 USD
Magic Candles
Magic Candles
Evgeny Belyaev
Magic Candles is a new unique product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles is perfect for trading currencies (including cryptocurrencies) and binary options. Magic Candles is another product of the Magic series: Magic Arrow , Magic Histogram . Advantages High accuracy of signals. Suitable for sc
34.90 USD
Exclusive Bollinger FREE MT5
Exclusive Bollinger FREE MT5
Evgeny Belyaev
Exclusive Bollinger FREE MT5 is a professional indicator based on the popular Bollinger Bands indicator and provided with an advanced algorithm. Unlike the standard Bollinger , my Exclusive Bollinger provides better signals and is equipped with flexible settings allowing traders to adjust this indicator to their trading style. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. Exclusive Bollinger FREE MT5 is a demo version, which works o
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Advanced Trend Scalper MT5
Advanced Trend Scalper MT5
Evgeny Belyaev
The   Advanced Trend Scalper MT5  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalper  for MetaTrader 4 can be downloaded here: https://www.mql5.com/en/market/p
35 USD
Best Scalper Oscillator
Best Scalper Oscillator
Evgeny Belyaev
Best Scalper Oscillator is an indicator for MetaTrader 5 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points.  Best Scalper Oscillator is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time.  Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Suitable for working on t
35 USD
Magic Histogram MT5
Magic Histogram MT5
Evgeny Belyaev
The   Magic Histogram MT5   indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend.   Magic Histogram MT5   is not redrawn, so you can evaluate its efficiency using history data. It is most suitable for M15, M30, H1 and H4. The version for MetaTrader 4 can be downloaded here:   https://www.mql5.com/en/market/product/23610 . Indicator Benefits Excellent indicator si
40 USD
Magic Histogram
Magic Histogram
Evgeny Belyaev
The Magic Histogram indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram is not redrawn, so you can evaluate its efficiency using history data. It is most suitable for M5, M15, M30, H1 and H4. Indicator Benefits Excellent indicator signals! Suitable for beginners and experienced traders. Using the flexible indicator settings, you can adjust the
28 USD
Currency RSI Scalper MT5
Currency RSI Scalper MT5
Evgeny Belyaev
Currency RSI Scalper MT5   -is a professional indicator based on the popular Relative Strength Index (RSI) indicator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows Currency RSI Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at
35 USD
Exclusive Bollinger MT5
Exclusive Bollinger MT5
Evgeny Belyaev
Exclusive Bollinger is a professional indicator based on the popular Bollinger Bands indicator and provided with an advanced algorithm. Unlike the standard Bollinger , my Exclusive Bollinger provides better signals and is equipped with flexible settings allowing traders to adjust this indicator to their trading style. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. MetaTrader 4 version of Exclusive Bollinger : https://www.mql5.com/en/
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Magic Candles FREE
Magic Candles FREE
Evgeny Belyaev
Magic Candles FREE is a new unique product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles FREE - is a demo version, which works only on the AUDUSD currency pair. Unlimited version can be purchased here: https://www.mql5.com/en/market/product/25921 Magic Candles is another product of the Magic series: Magic
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Exclusive Bollinger Free
Exclusive Bollinger Free
Evgeny Belyaev
Exclusive Bollinger Free is a professional indicator based on the popular Bollinger Bands indicator and provided with an advanced algorithm. Unlike the standard Bollinger , my Exclusive Bollinger provides better signals and is equipped with flexible settings allowing traders to adjust this indicator to their trading style. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. Exclusive Bollinger Free is a demo version, which works only on t
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Project Future FREE
Project Future FREE
Evgeny Belyaev
Project Future FREE is a professional arrow indicator with notification functions (alert, email, mobile). Project Future FREE is a demo version, which works only on the USDCAD currency pair. Unlimited version can be purchased here: https://www.mql5.com/en/market/product/25072 . Advantages of the indicator Suitable for scalping and intraday trading. Simple and easy indicator configuration. Works on all timeframes. Does not redraw. It can be used as a stand-alone tool or in conjunction with othe
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Spread Monitoring
Spread Monitoring
Evgeny Belyaev
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. You may also try another indicator: Ticks Line Chart . Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color. Develope
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Click Info Free
Click Info Free
Evgeny Belyaev
The Click Info Free is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of th
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Signals Scanner Free
Signals Scanner Free
Evgeny Belyaev
The Signals Scanner Free is a free utility for the MetaTrader 4 terminal. The utility allows to receive information on signals from the mql5.com site ( https://www.mql5.com/en/signals ). By downloading this product, you will be able to find information on the signal of interest. Demo accounts allow to obtain information only on free signals! Real accounts allow to obtain information only on paid signals! With the Signals Scanner Free utility you will be able to find the following information: Li
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Click Info
Click Info
Evgeny Belyaev
The Click Info is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of the Pri
12 USD
Exclusive Average
Exclusive Average
Evgeny Belyaev
Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Exclusive Average is another product of the Exclusive series: Exclusive Oscillator , Exclusive Stairs , Exclusive Trendline , Exclusive Arrow , Exclusive Scalper , Exclusive Trend . Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicato
27 USD
Volumes Alert Push Mail
Volumes Alert Push Mail
Evgeny Belyaev
The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting acc
19 USD
EW oscillator
EW oscillator
Evgeny Belyaev
The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart. Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Simple and easy indicator configuration. Suitable for working on the smaller timeframes (up to H4). Works on any financial instrument. Recommended symbols EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD. Recommendations on usage The buy signal is formed when the level
30 USD
Eldorado MT4
Eldorado MT4
Evgeny Belyaev
Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t
25 USD
List swap MT4
List swap MT4
Evgeny Belyaev
The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well
16 USD
Automatic Trendline
Automatic Trendline
Evgeny Belyaev
Every experienced trader knows that the trend lines should be paid the special attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the charts… Do you want to learn how to quickly and easily automate this process? Then read on. There is a solution — smart and reliable trend line indicator, the Automatic Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the re
27 USD
Volatility Pro
Volatility Pro
Evgeny Belyaev
The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique in
14 USD
Filter:
rocha7778
29
rocha7778 2021.02.01 05:10 
 

Excellent product. I won the double of my investment in one ticket.

fkaiser
142
fkaiser 2020.06.16 09:32 
 

User didn't leave any comment to the rating

MATTEW
223
MATTEW 2020.06.11 17:09 
 

good indicater for day trendres

LOREON LTD
318
Abimbola Adebajo 2019.10.06 09:01 
 

Hello admin , i Purchased the MT5 indicator instead of MT4, please help

andyfedototov
24
andyfedototov 2018.10.05 22:42 
 

Hi, everybody.Useful product.

Reply to review
Version 10.0 2020.08.09
Update for new builds at the request of the terminal developers: https://www.mql5.com/en/forum/342948