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Candle Patterns MT5

This indicator show several candle patterns. Very useful to learn and to trading some stocks or forex. 


The supported patterns are: bullish spinning top, bearish spinning top, bullish marubozu, bullish force, bearish marubozu, bearish force, bullish kicker, bearish kicker, bullish engulfing, bearish engulfing, bullish harami, bearish harami, piercing line, dark cloud cover, morningstar, evening star, bearish abandoned baby, bullish abandoned baby, three white soldiers, three black soldiers, morning doji star, evening doji star, three line strike up, three line strike down, three outside up, three outside down, three inside up, three inside down


You can turn-on or turn-off any pattern.


Obs: I can add others patterns on demand. All that I ask to do it are the new pattern rules.


To EA programmers: This indicator share a buffer with the pattern internal code. You can use this to control your EA. The list below shows the code with all current possibilities.

0 => bullish candle
1 => bearish candle
2 => doji 
3 => bullish spinning top
4 => bearish spinning top
5 => bullish marubozu
6 => bullish force
7 => bearish marubozu
8 => bearish force
9 => bullish kicker
10 => bearish kicker
11 => bullish engulfing
12 => bearish engulfing
13 => bullish harami
14 => bearish harami
15 => piercing line
16 => dark cloud cover
17 => morningstar
18 => evening star
19 => bearish abandoned baby
20 => bullish abandoned baby
21 => three white soldiers
22 => three black soldiers
23 => morning doji star
24 => evening doji star
25 => three line strike up
26 => three line strike down
27 => three outside up
28 => three outside down
29 => three inside up
30 => three inside down



Caution: some stocks runs in an erractic way. Avoid them with this indicator.



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This indicator uses the metaquotes ZigZag indicator as base to plot fibonacci extension and fibonacci retracement based in the Elliot waves. A fibonacci retracement will be plotted on every wave draw by the ZigZag. A fibonacci extension will be plotted only after the 2nd wave. Both fibonacci will be updated over the same wave tendency. Supporting until 9 consecutive elliot waves. Parameters: Depth: How much the algorithm will iterate to find the lowest and highest candles Deviation: Amoun
Volume Bands Chart
Rafael Caetano Pinto
This indicator marks the relevant volume levels among the day. The two relevant levels are the candle with more volume and the period with more volume of lots transacted.  The filled red background is the range of price with the most relevant volume of the day (probably the big player that is command the game). The purple lines shows the range of price with most volume (probably a area where some big player is accumulating before force a market direction). There is also the dot lines that mark
Volume Candle MT5
Rafael Caetano Pinto
This indicator shows the candles with the highest volume in the market, based on a period and above-average growth percentage. It is also possible to activate the "Show in-depth analysis" functionality that uses algorithms to paint the candles with the probably market direction instead of painting based on the opening and closing positions. EA programmers: This indicator does not redraw.
Volume Period
Rafael Caetano Pinto
This indicator compares volumes from the same period to previous days instead of calculating the average of previous candles, so it is possible to detect volume anomalies more accurately. I have always been bothered by seeing very large volumes at the beginning of a trading day and almost no volume throughout the day, making volume-based strategies very limited. This indicator can verify the strength of the volume of candles based on previous days, so it is possible to perceive volumes that ar
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