Price Action Pro

The indicator displays the most important Price Action Patterns that indicate a potential reversal / continuation of the trend.

Avaliable Patterns:

1. Pin bar;
2. Engulfing;
3. Inside bar (Harami);
4. Morning star;
5. Evening star;
6. Dark Cloud Cover;
7. Piercing Line;

• You can select patterns to display and disable unnecessary patterns;
• Notifications: alerts in the terminal, Email and Push-notifications (to the mobile device);
• You can customize each pattern: by default, the indicator uses the recommended parameters. But you can set up the patterns for yourself;

Available filters:

1. Trend filter (using the moving average);
2. Higher TimeFrame filter: if enabled, the indicator will use the direction of the higher time frame candle (M5->M15, M30->M30);
3. The filter of the previous candle: show patterns in accordance with the direction of the candle that closed before the signal.  

Inout Settings:

• Pin Bar, Engulfing, Inside Bar, Morning / Evening Stars, Dark Cloud Cover / Piercing Line: only those patterns that are marked (true) will be displayed.

• UseTrendFilter: if (true) - filter the current trend: 1)Bearish patterns will be displayed if the value of the fast moving average with (Filter_FastMA) period is less than slow moving average with (Filter_SlowMA) period; 2)Bullish patterns will be displayed if the value of the fast moving average with (Filter_FastMA) period is more than slow moving average with (Filter_SlowMA) period. 
• HigherTfFilter: if (true) - patterns will be displayed if the last closed candle on the higher time frame coincides with the direction of the signal candle.
• PrevBarFilter: if (true) - patterns will be displayed if the previous closed candle matches the direction of the signal candle;

• Show Alerts: if (true) - you will receive notifications in the trading terminal (Alerts);
• Email Notifications: if (true) - you will receive notifications by Email (additional configuration via Tools>Options>Email is required);
• Push Notifications: if (true) -  you will receive Push notifications on your mobile device (requires configuration via Tools>Options>Notifications);

Pin Bar Configuration:

• Pin Bar Body: the ratio of the size of the candle's body (Open-Close) vs total size (High-Low): the body of the candle must be less than or equal than the total size multiplied by the specified value; [0.25 means that the body of the pattern must be less than or equal to 25% of the total length of the candle ((High-Low)*0.25)];
• Shadows: the size ratio of the small shadow(   bottom shadow - for bearish patterns,   upper shadow - for bullish patterns) compared to the total size (High-Low): small shadow should be less than or equal to the total size multiplied by the specified value; [0.15 means that a small shadow must be less than or equal to 15% percent of the total length of the candle ((High-Low)*0.15)];

• Engulf Body Over: minimum candle engulfing percentage [1.1 means that the second candle must be greater than or equal to 110% of the first candle];
• Max Engulfing: the maximum difference in the length of the second candle [2.0 means that the second candle should not be greater than the first candle*2.0];
• Engulf Shadows: if (true): engulf shadows of the first candle;

• Inside Body Less: the size of the inner candle must be smaller than the size of the first candle multiplied by the specified value [0.9 = 90%];
• Shadow Inside: if (true) - candle shadows must be inside the first candle;

• 2nd body: the second candle must be less than or equal to the first candle multiplied by the specified number;
• 3rd candle: the maximum difference in the length of the third candle compared to the first candle;
• Gaps: if (true): required gaps between the second candle;

Dark Cloud Cover / Piercing Line Patterns:

• 2nd candle: the second candle should close below/above the specified level [0.5 = close below the center of the first candle];