Magic PriceAction

Magic Price Action – Advanced Candlestick Pattern Recognition by Mr Green76
Elevate your price action trading with Magic Price Action, an advanced MetaTrader 4 indicator that streamlines candlestick analysis through automated detection, deep customization, and an intuitive on-chart control panel.

Stop manually scanning charts—let Magic Price Action do the heavy lifting with precise, real-time identification of key candlestick patterns based on your personal strategy.

🔍 Key Features

✅ Intelligent Pattern Recognition
Automatically detects a wide range of classic candlestick patterns, including:

  • Doji

  • Hammer

  • Inverted Hammer

  • Full Body bars

✅ Define Up to 5 Custom Candle Conditions (C1–C5)
Build complex, multi-bar pattern sequences or isolate single-bar conditions. Each candle can be independently configured for:

  • Activation: Enable/disable specific candles.

  • Pattern Type: Choose from Doji, Full Body, Hammer, or Inverted Hammer.

  • Color Condition: Bullish, Bearish, or Any.

  • Wick-to-Body Ratio: Set upper/lower wick size relative to the body.

  • Body-to-Range %: Define body size as a percentage of full candle range.

🧩 Advanced On-Chart GUI Panel

Interactive & User-Friendly
No need to dig through properties windows. Adjust everything directly on your chart:

  • Draggable & Minimizable: Reposition or hide the panel to suit your workflow.

  • Responsive Layout: Panel auto-adapts to chart size.

  • Real-Time Editing: Modify wick/body ratios, calculation range, and more with instant effect.

📈 Clear Visual Signals

  • Signal Arrows: Arrows mark detected patterns using an ATR-based offset for optimal visibility.

  • Text Labels (Optional): Add pattern names like "Doji" or "Hammer" to the chart. Customize font, size, and color.

🧠 Smart Detection Logic

  • Single Pattern Recognition: Detect isolated candle patterns using only C1.

  • Sequential Pattern Recognition: Enable C1–C5 together to identify multi-candle formations in precise order.

⚙️ Performance & Display Controls

Optimize indicator behavior and chart clarity:

  • MaxBars : Set how many bars the indicator processes.

  • MaxBarsObjects : Limit how far back labels are drawn.

  • DisplayText : Globally enable/disable text labels.

💡 Why Traders Choose Magic Price Action

  • Save Time: Automates manual chart analysis.

  • Improve Accuracy: Apply consistent rules and logic.

  • Stay Alert: Never miss potential setups as they form.

  • Fully Customizable: Adapt the tool to your personal strategy.

  • Effortlessly Intuitive: Even complex setups are easy with the smart GUI.

📘 How to Use

  1. Attach Magic Price Action to any MT4 chart.

  2. The on-screen panel will load automatically.

  3. Configure candle patterns (C1–C5) by setting pattern type, color, wick ratio, and body % as needed.

  4. Adjust general settings like max bars or label display through the same panel.

  5. Watch the chart highlight real-time signals with arrows and optional text.


Transform your candlestick trading with the automation, flexibility, and precision of Magic Price Action – crafted by Mr Green76 for traders who demand more from their price action tools.


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Indicateurs
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Indicateurs
Cet indicateur est un indicateur d'analyse automatique des vagues, parfait pour le trading pratique ! Cas... Remarque :   je n'ai pas l'habitude d'utiliser des noms occidentaux pour l'évaluation des vagues. En raison de l'influence de la convention de dénomination de Tang Lun (Tang Zhong Shuo Zen), j'ai nommé la vague de base comme   un stylo   et la bande d'onde secondaire comme   un segment   . en même temps, le segment a la direction de la tendance.Le   segment de tendance principal   est no
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Indicateurs
L'indicateur montre avec précision les points de retournement et les zones de retour des prix où le       Acteurs majeurs   . Vous repérez les nouvelles tendances et prenez des décisions avec une précision maximale, en gardant le contrôle de chaque transaction. VERSION MT5     -     Révèle son potentiel maximal lorsqu'il est combiné à l'indicateur   TREND LINES PRO Ce que l'indicateur montre : Structures et niveaux d'inversion avec activation au début d'une nouvelle tendance. Affichage des nive
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PZ TRADING SLU
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Indicateurs
Unlock hidden profits: accurate divergence trading for all markets Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Display
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Indicateurs
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Indicateurs
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INTRAQUOTES
Indicateurs
First time on MetaTrader, introducing IQ Star Lines - an original Vedic Astrology based indicator. "Millionaires don't use astrology, billionaires do" . - J.P. Morgan, Legendary American financier and banker. Welcome to  the new and updated  IQ Star Lines , the ultimate fusion of ancient planetary harmonic cycles and modern quantitative trading. published for the   first time on Metatrader. This is an indicator built by the developer, who has spent almost 2 decades trading while studying Vedic
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Indicateurs
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SmartReversals Auto Optimized
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