Candle Patterns

5

The Candle Patterns indicator shows popular candle patterns on the chart. The possible patterns are Inside Bar, Large Wick, Engulfing, Marubozu, Hammer, Shooting Star, Three White Soldiers and Three Black Crows. Candles are colored to easily identify the patterns. Also, a point and click function displays the pattern found.


Settings

  • Message box - when a candle is clicked, the pattern identified will be shown in a Message Box on the charts. All 'Message Box' settings pertain to the box.
  • Show Inside Bars - set to true to show Inside Bars.
  • Show Large Wick - set to true to show candles with Large Wicks.
  • Wick percent for LW - set to the percentage the wick height must be larger than the body height.
  • Show Doji - set to true to show Doji.
  • Body percent for D - set to the maximum percentage the body must be of the full candle height.
  • Show Engulfing Bars - set to true to show Engulfing Bars.
  • Show Marubozu - set to true to show Marubozu.
  • Wick percent for M - set to the maximum percentage the body must have.
  • Show Hammer - set to true to show Hammer.
  • Upper wick percent for SS - set to the minimum percentage the height of the upper wick must be of the body height.
  • Lower wick percent for SS - set to the maximum percentage the height of the lower wick must be of the body height.
  • Show Shooting Star - set to true to show Shooting Star.
  • Upper wick percent for H - set to the maximum percentage the height of the upper wick must be of the body height.
  • Lower wick percent for H - set to the minimum percentage the height of the lower wick must be of the body height.
  • Show Three White Soldiers - set to true to show Three White Soldiers.
  • Body percent for 3WS and 3BC - set to the minimum percentage the bodies of the candles must have of the average body height (for Three White Soldiers and Three Black Crows).
  • Show Three Black Crows - set to true to show Three Black Crows.
  • Color Palette - pick Color Palette for 'Dark' or 'Light' Backgrounds.
  • Colo(u)rs - you know what to do.


Message Box

When a colored candle is clicked, a message with the pattern name will be added to the Message Box. The Message Box will only appear on the chart when messages are present in the Box. Messages in the Box will disappear after some time. If the Message Box is empty, the Box itself will disappear.


Loose ends

Candle Patterns is not resource hungry.

Do not hesitate to contact me. Let me know what you think of Candle Patterns. Only with your help, I can create better tools for MT4.
Avis 3
varon
532
varon 2020.12.29 11:02 
 

Amazing indicator!!! Just what I was looking for! Recommended!!! Thank you!

Wantanakorn
390
Wantanakorn 2017.04.14 11:57 
 

Good candle patterns indicator

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Indicateurs
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PZ Turning Points MT4
PZ TRADING SLU
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Indicateurs
Identify key turning points with reliable fractal analysis This indicator examines the price structure of fractals of different periods to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. Unlike its younger brother, Reversal Fractals , this indicator won't miss reversals because of the period selected, and will find reversal fractals on a zig-zag fashion, ignoring those reversals which do not
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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
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Indicateurs
Cet indicateur est une super combinaison de nos 2 produits Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Il fonctionne pour tous les cadres temporels et montre graphiquement l'impulsion de force ou de faiblesse pour les 8 principales devises plus un symbole ! Cet indicateur est spécialisé pour montrer l'accélération de la force des devises pour tout symbole comme l'or, les paires exotiques, les matières premières, les indices ou les contrats à terme. C'est le premier
Gold Multi Factor Adaptive Engine
Guang Jun Huang
Indicateurs
Adopt market correlation and indicator resonance Here are some trading recommendations based on the current market conditions: (1) Note: It doesn't mean you have a perfect deal, but rather helps you avoid bad trades (2) Why traditional indicators are prone to distortion. For example, the 10-day moving average is calculated by calculating the average price of the top 10 candlesticks. Result: I prove I want to rise, and the signal is easily distorted. This indicator adopts a self-proof + corrob
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5 (11)
Indicateurs
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5 (15)
Indicateurs
Day Trader Master est un système de trading complet pour les day traders. Le système se compose de deux indicateurs. Un indicateur est un signal fléché pour acheter et vendre. C'est l'indicateur de flèche que vous obtenez. Je vous fournirai le deuxième indicateur gratuitement. Le deuxième indicateur est un indicateur de tendance spécialement conçu pour être utilisé conjointement avec ces flèches. LES INDICATEURS NE RÉPÉTENT PAS ET NE TARDENT PAS! L'utilisation de ce système est très simple. Il v
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Momentum Horizon is a fully automated trading system for MetaTrader 5, designed to trade breakout movements in the Gold market. It combines two price-action setups: a daily breakout based on the previous day’s high and low, and an intraday breakout based on the price range formed during the six completed H1 bars preceding the configured London breakout hour. Breakout levels can be calculated from either candle wicks or candle bodies. An optional buffer can be added beyond each level to reduce e
Filtrer:
varon
532
varon 2020.12.29 11:02 
 

Amazing indicator!!! Just what I was looking for! Recommended!!! Thank you!

pochiponuki
484
pochiponuki 2018.06.04 04:14 
 

Color candle is not displayed

Wantanakorn
390
Wantanakorn 2017.04.14 11:57 
 

Good candle patterns indicator

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