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EZT Future Candles


The indicator predict the future candles direction, by scanning past candle movement.

Based on the principal: “ The history repeat itself”. Programmed according to Kendall Correlation.

In the settings menu, different scanning options are available.

When the indicator find a match, start painting future candles from the current candle to the right, also from the current candle to the left as well, showing you the candle pattern what the actual signal is based on. The left side candle are optional, set it in the “ Draw Past Bars of the Pattern “ menu to true or false. If there is trend in those future candles, also optional, paint a trendline showing the probable direction.

 

Main menu:

·         Indicator drawing period: You can choose how many candles back you like the indicator draw patterns what find in the past, this way you can examine the validity of the settings you choose.

·         Test candles to Calculation: Number of candles to scan, to find a similar pattern to the actual last set of candle Pattern length.

·         Draw Past Bars of the Pattern: True/False

·         Candle Pattern Length: 5-100 candles. Choose the length of the pattern you looking for. The more candles you choose the less signals you might find.

·         Use Trend Finder: true/false : drawing a trendline to the future candles if applicable.

·         Trend Finder mode:Choose from 3 options when previous set to true.

·         Uptrend Color:Up- trendline color

·         Downtrend color: Down-trendline color

 

The following menu points will determine the signal you will receive.

Correlations

You can choose the 4 standard price options: close, open, high, low

After every price you can put a number from 1-100, that would be like a % of the similarity of the chosen pattern. The recommended number here is 80 %.

Ranges

Choose to compare of the Candle Pattern open/close or high/low range similarity.

Body size checking

This is the similarity in the candle body sizes

Directions of bodies similarity.

Bull /Bear candles in the given pattern

 

·         Future candle count: 5-30. How many candles to draw in the future.

·         Info text:All the chosen setting can be shown on the alert candle by vertically if set true.

·         Period start vertical line: when set true, there will be a vertical line on the alert candle

·         Navigator panel: When set to true there will be a navigator panel on the chart, you can jump to past candle alerts with the buttons.

·         Alerts: Pop up, e-mail and push notification alert


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Renko is a well-known Japanese charting technique that removes time from the chart. Instead of drawing bars in constant intervals (time) as a normal chart would, a Renko chart does so only when price moves beyond a predefined amount. In a Renko chart, a bar is created when price exceeds the previous bar’s high or low by a predefined amount or what we call the Box Size. The result is a chart with equally sized bars running up or down in 45 degree angles. Such a chart offers the following advant
97 USD
Advanced Currency Impulse with Alert MT5
Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here Built on new underlying algorithms it makes it even easier to identif
128 USD
KT Asian Breakout Indicator MT5
KEENBASE SOFTWARE SOLUTIONS
KT Asian Breakout indicator scans and analyzes a critical part of the Asian session to generate bi-directional buy and sell signals with the direction of a price breakout. A buy signal occurs when the price breaks above the session high, and a sell signal occurs when the price breaks below the session low. MT4 Version is available here  https://www.mql5.com/en/market/product/41656 Things to remember If the session box is vertically too wide, a new trade should be avoided as most of the price
150 USD
Excessive Momentum Indicator MT5
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
250 USD
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