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Candle Good Setup

You ask yourself the question every time you open your charts: how to win in trading? Will using a lot of indicators work? well know that I also asked myself the same questions when I first started trading. After testing many indicators, I realized that winning trading is simple and accurate trading. after several months of thinking and optimizing I was able to find my solution: Candle Good Setup

Candle Good setup is a trend and entry timing indicator analyzing the market in multi-frame to give the right timing to enter and exit the market.

Advantages You Get

  • Easy, visual and effective trend detection.

  • Gives you the ability to filter and further improve your trading strategies.

  • shows your stop loss and take profit according to your settings

  • Dashboard for Check trend in keys timeframes ( M1-M5-M15-M30-H1-H4-D1-W1-MN )

  • Never repaints, never back paints, never recalculates.

  • Signals strictly on the "Close of the bar".

  • Works in all symbols and all timeframes.

  • Integrated pop-up, email, push notification and sound alerts.

  • Fully compatible with Expert Advisor (EA) development.

How To Trade


We can imagine several trading strategies with this wonderful indicator. I will introduce you in the following lines how I use it personally

No complicated rules, Just follow 4 simple steps!

Step 1: Trade Setup

  • Note the trend indicated by the indicator

Step 2: Enter Setup

  • Enter sell if in a downtrend and the indicator turns from neutral to the sell signal

  • Enter Buy if in an uptrend and the indicator changes from neutral to the buy signal

Step 3: Set Stop Loss and take profit

  • set the stop loss and take profit at the level indicated according to your parameters

  • you can define partial take profit to properly manage your position 

Step 4:  Early exit

  • Immediately exit the trade if the trend changes

Candle Good setup options and settings

Main settings

  • Candle Mode :  choose the type of candlestick use analysis (Japanese candlestick or Heiken Ashi candlestick).

  • Time Frame Analysis : choose the number of timeframes for the analysis (2 - 3 or 4 timeframes).

Display settings

  • Show Arrow -> Set "true"  to materialize the trend with a drawing in the main window. 

  • Show Dashboard -> Set "true"  to display the dashboard (trend scanner) in the main window. 

  • Show SL and TP-> Set "true"  to display the stop loss and take profit level in the main window. 

  • Candle period for SL -> number of bars to position the stop loss

  • RiskReward -> Risk Reward ratio for take profit

Colors settings

  • Down color  -> Color of drops 

  • Up color  -> Color of the supers

  • SL line color  -> Stop loss line color

  • TP line color  -> Take profit line color

Alert and notification settings

  • Popup Alerts -> Set "true" to receive pop-up alerts

  • Email Alerts -> Set "true" to receive a notification e-mail

  • Push Notification Alerts -> Set "true" to receive mobile notifications

  • Sound Alerts -> Set "true" to receive an audible notification

  • SoundFileName -> Choose your favorite alert sound

Graphs limit settings

  • Limit Bars  -> maximum of bars for the first calculation



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Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detects following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
ACB Breakout Arrows MT5
ACB Breakout Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. MT4 Version is available here https://www.mql5.com/en/market/product/20818 Key features Stoploss   and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the breakout signals ac
180 USD
Advanced Currency Impulse with Alert MT5
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
Advanced Supply Demand MT5
Advanced Supply Demand 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 new formula. With this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
128 USD
Advanced Price Pattern Scanner MT5
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
BinaryReversal Seeker for MT5
BinaryReversal Seeker for MT5
Renaud Candel
Binary Reversal is an exclusive indicator looking for reversals in the market. The indicator is accurate and produces effective entries both for binary options and Forex trading. The indicator displays arrows in your chart (please see screenshots attached) showing the probable reversal of price action (usually, blue arrows). Binary Reversal never repaints. Once a candle is closed, a signal is confirmed and the arrow never disappears. Users of the indicator can setup alerts when new arrows are di
178 USD
Golden Spikes Detector
Golden Spikes Detector
Batsirayi L Marango
Golden Spikes Detector This indicator is based on an advanced strategy primarily for trading spikes on Boom and Crash Indices. Complex algorithms were implanted to detect high probability entries only. It alerts on potential Buy and Sell entries. To trade spikes on the Deriv or Binary broker, only take Buy Boom and Sell Cash alerts. It was optimised for 5-minute timeframe. Features ·          Sends push notifications to mobile phone ·          Pop up and sound alerts on computer or laptop ·     
150 USD
Ace Supply Demand Zone MT5
Ace Supply Demand Zone MT5
Young Ho Seo
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
PZ Lopez Trend MT5
PZ Lopez Trend MT5
Arturo Lopez Perez
Este indicador sigue la tendencia del mercado con una confiabilidad inigualable, al ignorar las fluctuaciones repentinas y el ruido del mercado. Ha sido diseñado para intercambiar gráficos intradía de tendencia y plazos pequeños. Su relación ganadora es de alrededor del 85%. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Encuentra situaciones de sobreventa / sobrecompra Disfrute de operaciones sin ruido en to
149 USD
Advanced Currency Strength28 MT5
Advanced Currency Strength28 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 new formula. With only ONE chart you can read Currency Strength for 28 Forex 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 The SPECIAL: Arrows in sub-window to show strong currency moment
128 USD
Elliott Wave Trend MT5
Elliott Wave Trend MT5
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
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Candle Good Setup MT4
Candle Good Setup MT4
Kibalo Alain Kabissa
You ask yourself the question every time you open your charts: how to win in trading?   Will using a lot of indicators work? well know that I also asked myself the same questions when I first started trading. After testing many indicators, I realized that winning trading is simple and accurate trading. after several months of thinking and optimizing I was able to find my solution:   Candle Good Setup Candle Good setup is a trend and entry timing indicator analyzing the market in multi-frame to g
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