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Japanese Candlesticks Monitor

30 USD

Demo downloaded: 28

Published: 11 March 2015

Current version: 1.12

Japanese Candlesticks Monitor

Indicators
Evgeny Miroshnichenko
Version: 1.12
Updated: 28 March 2018
Activations: 5

Japanese Candlesticks Monitor scans Japanese candlesticks. It shows a vertical line and a name of a probable candlestick pattern. The indicator is constantly updated, and new patterns are added.

Your feedback is most welcome. I have just started working on the indicator, and your opinions are highly appreciated.

The indicator does not work on history data. If the indicator has not been launched at a candle opening, that candle is not considered. This means that the indicator works in real time.

Set the required timeframe in the settings, in minutes. For example, to set the H4 timeframe, set the TimeFrame parameter to 240.

Please do not forget that Forex does not guarantee you anything, but I believe that my indicator can be of help.

Currently, the following probable patterns are identified:

Hammer
Hanging Man
Morning Star

more...

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note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link: https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.4 TRENDMAESTRO recognizes a new TREND in the bud, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes and momentum to identify the moment in which there is an explosion of one or more of these data a

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Version 1.12 2018.03.28

Added detection of the Morning star pattern.

Version 1.11 2017.03.13

More accurate detection of Hammer and Hanging man.