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Candles Indicator for MT5

A visualization system for favorite candlesticks price action patterns.

Once attached, indicator will automatically mark next patterns on the chart:

  • Pinocchio bar - a small-body bar with a long 'nose', very well-known reverse pattern;
  • Inside bar - a bar whose range lies inside the range of the previous bar. It represents market incertitude;
  • Outside bar - a bar whose range exceeds the range of the previous bar. It represents market incertitude;
  • Rails pattern - two consequent opposite bars with almost equal, larger bodies. A reverse pattern, which actually coincides with a Pinocchio bar pattern from a higher timeframe;
  • Master candle pattern - the fiver of candles, where four subsequent candles have their ranges inside the range of the fifth - Master candle. This pattern represents market consolidation, especially on a lesser timeframe.
  • Gap - a gap between close and open prices of consequent bars, which should not be overlooked.

This indicator was developed with high performance requirements in mind.

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5 (2)
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The Smart Liquidity Profile is color-coded based on the importance of the traded activity at specific price levels, allowing traders to identify significant price levels such as support and resistance levels, supply and demand zones, liquidity gaps, consolidation zones, Buy-Side/Sell-Side Liquidity and so on.  Smart Liquidity Profile allows users to choose from a number of different time periods including 'Auto,' 'Fixed Range,' 'Swing High,' 'Swing Low,' 'Session,' 'Day,' 'Week,' 'Month,' 'Quart
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Candles Indicator
Mikhail Gudyrin
Indicators
A visualization system for favorite candlesticks price action patterns. Once attached, indicator will automatically mark next patterns on the chart: Pinocchio bar - a small-body bar with a long 'nose', very well-known reverse pattern; Inside bar - a bar whose range lies inside the range of the previous bar. It represents market incertitude; Outside bar - a bar whose range exceeds the range of the previous bar. It represents market incertitude; Rails pattern - two consequent opposite bars with al
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