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  • Comentarios (5)
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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.

Comentarios 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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Carlos Forero
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Blahtech Market Profile MT5
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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
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Filtro:
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 
 

El usuario no ha dejado ningún comentario para su valoración

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.

Respuesta al comentario
Versión 10.0 2020.08.09
Update for new builds at the request of the terminal developers: https://www.mql5.com/en/forum/342948