Candle Count Binary Pattern

  • Indicateurs
  • Rodrigo Rethka Goncalves
    Rodrigo Rethka Goncalves
    I’m a self-taught coder, and I develop my indicators and EAs through trial and error until I reach my goals.
    I'm new to MQL, but I have extensive experience in coding.
    Feel free to test my work, and if you like it and want to support my efforts, consider purchasing my products.
  • Version: 2.1
  • Activations: 5

📊 Description

Advanced indicator for MetaTrader 4 that identifies consecutive candle patterns and generates buy/sell signals with an optional moving average filter.

✨ Main Features

🎯 Functionalities

  • Pattern Detection: Identifies sequences of bullish or bearish candles

  • Moving Average Filter: Option to filter signals using a moving average

  • Visual Signals: Colored arrows indicating entry points

  • Custom Alerts: Sound and visual notifications

  • Intuitive Interface: Parameters organized by groups

🎛️ Configurable Parameters

🎯 Main Settings

  • Number of Candles: Number of consecutive candles required (1–10)

  • Arrow Placement: Where to place the arrows (start or close of the candle)

📈 Moving Average Filter

  • Filter Status: Enable/disable MA filter

  • Period: Moving average period (2–200)

  • Method: SMA, EMA, SMMA, LWMA

  • Price: Close, Open, High, Low, etc.

🎨 Visual Settings

  • Arrow Distance: Arrow offset in points (1–100)

  • Alerts: Enable/disable notifications

🚀 How to Use

  1. Installation: Copy the file CandleCounter.mq4 into the MQL4/Indicators/ folder in MetaTrader

  2. Compilation: Compile the file in MetaEditor

  3. Application: Drag the indicator onto the desired chart

  4. Configuration: Adjust the parameters according to your strategy

🧠 Working Logic

Pattern Detection

  • Buy: Sequence of consecutive bullish candles

  • Sell: Sequence of consecutive bearish candles

  • Reset: Doji candles reset the count

Moving Average Filter

  • Buy: Price above the moving average

  • Sell: Price below the moving average

  • Optional: Can be disabled for trading without a filter

Signal Generation

  • Green arrows (🟢) for buy signals

  • Red arrows (🔴) for sell signals

  • Positioning configurable at the candle start or close

💡 Recommended Settings

By Timeframe

  • M1–M5 (Scalping): 1–2 candles, MA 20

  • M15–H1 (Day Trade): 2–3 candles, MA 50

  • H4–D1 (Swing): 3–5 candles, MA 100

Usage Tips

  • ✅ Test on demo account before real use

  • ✅ Combine with other indicators for confirmation

  • ✅ Adjust parameters according to the timeframe

  • ✅ Use appropriate stop loss and take profit

  • ✅ Monitor alerts so you don’t miss signals

🔧 What’s New in v2.0

  • ✨ Reorganized interface with groups and emojis

  • 🛡️ Robust parameter validation

  • 🎯 Improved signal logic

  • 📢 Enhanced alert system

  • 🧹 Clean and well-documented code

  • 🚀 Optimized performance

📝 License

Copyright 2025 - CandleCounter Indicator
All rights reserved.

Developed with ❤️ for traders seeking technical excellence


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Stop searching for and trying new indicators! Get Winshots Massive FX Profits indicator and set yourself apart from the crowd.  Years of trading experience led us to the building of this all in one indicator! Trade like the pro with Winshots Massive FX Profits! This indicator uses the following methodologies to help you become a more consistent profitable trader: - MARKET VOLUME PROFILE - DAILY CANDLE OUTLINE  - ATR LEVELS - DAILY PIVOTS LEVELS - PRICE CYCLES ANALYSIS What is VOLUME PROFILE?
TrendMaestro
Stefano Frisetti
4 (4)
Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a
Neo Wave PRO
Nikolay Raykov
5 (1)
Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
Ce produit a été mis à jour pour le marché 2026 et optimisé pour les dernières versions de MT5. AVIS DE MISE À JOUR DU PRIX : Smart Price Action Concepts est actuellement disponible à $200 . Le prix passera à $299 après les 30 prochains achats . OFFRE SPÉCIALE : Après l’achat, envoyez-moi un message privé pour recevoir un bonus gratuit + un cadeau . Tout d’abord, il est important de souligner que cet outil de trading est un indicateur sans repaint, sans redrawing et sans retard, ce qui le rend
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
Le système PRO Renko est un système de trading très précis spécialement conçu pour le trading de graphiques RENKO. Il s'agit d'un système universel qui peut être appliqué à divers instruments de négociation. Le système neutralise efficacement ce qu'on appelle le bruit du marché en vous donnant accès à des signaux d'inversion précis. L'indicateur est très facile à utiliser et n'a qu'un seul paramètre responsable de la génération du signal. Vous pouvez facilement adapter l'outil à n'importe que
Binary Trader Master est un indicateur basé sur une flèche qui prédit la clôture de la bougie. Il fait son analyse dans une seule bougie. Lorsque la bougie s'ouvre, il faut quelques instants pour faire l'analyse et prédire la fermeture de la bougie. Ensuite, il génère un signal. L'indicateur vous permet également d'appliquer des limites de temps qu'il peut utiliser pour l'analyse, ce qui signifie que vous pouvez réellement dire à l'indicateur combien de temps il est autorisé à avoir pour l'analy
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : We do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that : •           values above level 0 are indicating state of higher volatility (=GREEN buffer) •           values below level 0 are indicating state of lower volatility (=RED buffer)
UPD1 Volume BOX
Vitaliy Kuznetsov
4.94 (16)
L'indicateur affiche le profil de volume horizontal dans la zone spécifiée (BOX) et le volume maximum (POC). Caractéristiques du produit. 1. Vous pouvez utiliser des ticks ou simplement le prix. 2. Espacement de grille adaptatif (M1-MN). 3. Étape de recherche adaptative à volume élevé (médian) en fonction de la taille de la boîte. 4. Couleur caméléon automatique pour les lignes de boîte et les boutons. 5. Plusieurs boîtes, faciles à créer et à supprimer. 6. Zone de volume de 70 % (activer dans
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EA Order Manager v2.13 – Smart Management for Any Open Trade EA Order Manager is a universal trade manager for manual or automated orders on MetaTrader 4. It automatically applies advanced protections, trailing stop, break even, cross-closing logic, and global stop loss/take profit , regardless of the trade’s origin. Key Features: Global Stop Loss & Take Profit – Automatically secures your capital. Smart Trailing Stop – Only activates when real profit is detected. Global BreakEven –
Support & Resistance Deluxe v2.20 – Your Smart Radar for Key Market Levels! A powerful indicator for demanding traders who seek precision, clarity, and reliable signals for support and resistance! What Does This Indicator Do? This is an advanced Support and Resistance indicator for MetaTrader 4 (MT4) that: Automatically scans your chart to detect the most relevant levels based on: Price highs and lows Volume (optional) Number of touches (for level validation) Plots lines and v
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