Japanese Candlestick Patterns

My products 

In the product line:

Candlestick Pattern Detector — a free basic version.

Candlestick Patterns Standard — a paid single-chart version with extended patterns and filters

Japanese Candlestick Patterns Pro MT5 — a professional single-chart version with a summary table

Multi-Currency Candlestick Pattern Scanner — the ultimate version: a multi-currency and multi-timeframe scanner with a dashboard panel 

Candlestick Pattern Detector for MT5 — candlestick signals + trading utility for automated trading

Candlestick Pattern Detector for MT5 is an indicator for traders who value simple visual analysis, clean signals, and fast reaction to market situations. It helps detect candlestick patterns directly on the chart and immediately shows potential entry points without overloading the terminal.

The key advantage of the product is that the indicator can work together with the Candlestick Patterns Lite MT5 Utility trading utility. This is not just a visual assistant, but a complete trading automation package: the indicator generates signals, while the utility opens and closes trades based on those signals.

This approach allows the system to be used as a trading robot: you set the parameters, attach the indicator and the utility to the chart, and the trading logic is then executed automatically.

Instructions for use

Indicator features:

detection of candlestick patterns on the chart;

visual BUY and SELL signals;

alerts when a trading signal appears;

convenient use on different symbols and timeframes;

lightweight and clear logic without unnecessary chart overload.

Trading utility features:

automatic opening of BUY trades based on bullish signals from the indicator;

automatic opening of SELL trades based on bearish signals from the indicator;

closing a position when an opposite signal appears;

ability to reverse a position on a new signal;

lot size settings;

Stop Loss and Take Profit settings;

spread filter;

trading session limitation;

“one position per symbol” mode;

limitation on the number of trades after a signal;

Magic Number for separating trades;

debug log for checking the reasons why trades are opened or blocked.

Candlestick Pattern Detector for MT5 is designed for traders who want to see the market more clearly, faster, and with greater confidence. The indicator shows signals, while the trading utility turns those signals into automated trading actions.

You can use the product as a manual assistant for candlestick pattern analysis or as a basis for automated trading with the utility.