CandlestickFinderMaster

## What it does

BCPF is an MT4 on-chart indicator that scans price history for **18 active
candlestick patterns** and labels detected formations directly on the chart.
A compact checklist panel lets you enable or disable each bullish and bearish
pattern independently.

The 18 available patterns are:

- **Bullish:** Hammer, Inverse Hammer, Bullish Engulfing, Morning Star,
  3 White Soldiers, Dragonfly Doji, Bullish Marubozu, Bullish Harami,
  Piercing Line.
- **Bearish:** Hanging Man, Shooting Star, Bearish Engulfing, Evening Star,
  3 Black Crows, Gravestone Doji, Bearish Marubozu, Bearish Harami,
  Dark Cloud Cover.

A separate trend panel shows the current readings of the three trend methods
used by the indicator — MA alignment, ADX directional bias and adaptive
moving-average slope — together with their combined majority vote.

## A practical note on pattern selection

Although BCPF provides all 18 formations, there is no requirement to use all
of them at the same time. The checklist is there precisely because the useful
subset can vary with the instrument, timeframe and trading style.

As a purely informal example, after observing **several dozen XAUUSD
sessions**, the following eight patterns appeared particularly useful to the
author:

- Inverse Hammer
- Morning Star
- Dragonfly Doji
- Bullish Marubozu
- Hanging Man
- Shooting Star
- Evening Star
- Gravestone Doji

This is **not a trading recommendation, a preset claimed to be optimal, or a
universal rule**. It is only a loose practical observation from a limited
sample of sessions. Other instruments, timeframes and market regimes can
naturally favour a different selection.

## How it works

- **Mixed pattern geometry.** BCPF does not use one universal candle formula.
  Depending on the formation, detection uses a combination of ATR-relative
  body/wick thresholds, ratios relative to the candle's own High–Low range,
  and direct OHLC relationships between neighbouring candles. This allows the
  rules to scale across different symbols and timeframes without relying on
  fixed pip-sized candle definitions.

- **ATR-relative body classification.** `ATRPeriod` provides the volatility
  reference for small, large, star and doji body classifications, as well as
  the Marubozu and Doji wick tests.

- **Range-relative wick patterns.** Hammer, Inverse Hammer, Hanging Man and
  Shooting Star use wick and body proportions relative to the candle's own
  total range. The relevant thresholds are `WickMinRatio`,
  `WickMaxBodyRatio` and `WickMaxOppositeRatio`.

- **Trend-context filter.** With `UseTrendFilter = true`, reversal formations
  are checked against the price action that occurred **before** the pattern.
  BCPF uses two different context mechanisms depending on the type of
  formation.

- **Local context for single-candle reversals.** Hammer, Inverse Hammer,
  Hanging Man, Shooting Star, Dragonfly Doji and Gravestone Doji use a short
  local directional move measured over `SwingBars`. The net close-to-close
  movement must exceed `SwingATRFactor × ATR` to be classified as a clear
  local upswing or downswing.

  Hammer/Hanging Man and Inverse Hammer/Shooting Star share the same basic
  candle geometry, so the local move is also used to decide which member of
  each pair is more appropriate. When the local move is ambiguous, candle
  direction is used as a tie-breaker.

- **Broader context for multi-candle reversals.** Engulfing, Morning/Evening
  Star, 3 White Soldiers/Black Crows, Harami, Piercing Line and Dark Cloud
  Cover use the selected trend method across the bars immediately preceding
  the complete pattern.

  `TrendMethod` can be:

  - `0` — three-MA alignment,
  - `1` — ADX directional bias,
  - `2` — adaptive MA / KAMA slope,
  - `3` — majority vote requiring agreement from at least two of the three.

  The prior-context scan uses `PriorTrendBars`. A clear opposite prior trend
  rejects the formation. If the context is flat or ambiguous, the indicator
  deliberately remains permissive and allows the candle pattern itself to be
  shown.

- **Three-MA trend method.** Bullish trend requires Fast MA > Mid MA > Slow
  MA; bearish trend requires the reverse ordering.

- **ADX trend method.** Direction is taken from +DI versus -DI only when ADX
  reaches `ADX_Threshold`. Below that threshold the ADX method returns a flat
  reading.

- **Adaptive MA method.** BCPF computes a native Kaufman-style adaptive moving
  average and evaluates its slope over `AMA_Slope` bars. A small ATR-based
  noise filter prevents tiny fluctuations from being classified as trend.

- **Trend panel.** If `ShowTrendPanel` is enabled, four live readings are
  displayed: `MA3`, `ADX`, `AMA` and `VOTE`, each shown as `UP`, `DOWN` or
  `FLAT`. The panel also identifies which method is currently selected for
  the multi-candle trend filter.

- **Interactive checklist.** Each of the 9 bullish and 9 bearish formations
  can be toggled independently from the on-chart panel. Pattern choices are
  stored in MT4 terminal global variables and restored between sessions.

- **Stable chart labels.** Detected formations are labeled on their candle
  using the candle timestamp as part of the object identity, so labels remain
  attached to the correct candle as bar indexes shift with new data.

- **Confirmed or live detection.** With `ShowOnlyConfirmed = true`, BCPF scans
  only closed candles. If a valid formation is present, it is identified and
  labeled as soon as the indicator processes the newly closed candle — in
  normal MT4 operation, on the first tick/calculation of the new bar. There is
  therefore no additional confirmation delay beyond the candle close itself.

  When `ShowOnlyConfirmed` is disabled, the current forming candle is evaluated
  as well; such a provisional pattern can therefore appear before close and
  disappear again if the candle's shape changes.

- **Alerts and push notifications.** `ShowAlerts` and `SendPushNotif` can
  announce a pattern on the currently monitored candle. Each pattern is
  de-duplicated by candle timestamp so the same formation is not repeatedly
  announced on every tick.

## What you can configure

| Group | Parameters |
|---|---|
| Shape thresholds | `ATRPeriod`, `SmallBodyFactor`, `LargeBodyFactor`, `StarBodyFactor`, `DojiBodyFactor`, `MarubozuWickFactor`, `WickMinRatio`, `WickMaxBodyRatio`, `WickMaxOppositeRatio`, `SoldierCrowWickFactor` |
| Detection behaviour | `ShowOnlyConfirmed`, `MaxBarsBack` |
| Notifications | `ShowAlerts`, `SendPushNotif` |
| Visuals | `BullishColor`, `BearishColor`, `LabelFontSize`, `LabelOffsetPips`, `PanelX`, `PanelY` |
| Trend filter | `UseTrendFilter`, `ShowTrendPanel`, `TrendMethod`, `PriorTrendBars`, `SwingBars`, `SwingATRFactor` |
| Moving averages | `MA_Fast`, `MA_Mid`, `MA_Slow`, `MA_Type`, `MA_Price` |
| ADX | `ADX_Period`, `ADX_Threshold` |
| Adaptive MA (KAMA) | `AMA_Period`, `AMA_FastEMA`, `AMA_SlowEMA`, `AMA_Slope` |

## Default settings

- `ATRPeriod = 14`
- Body factors:
  - `SmallBodyFactor = 0.30`
  - `LargeBodyFactor = 0.70`
  - `StarBodyFactor = 0.30`
  - `DojiBodyFactor = 0.10`
- `MarubozuWickFactor = 0.10`
- Wick/range thresholds:
  - `WickMinRatio = 0.55`
  - `WickMaxBodyRatio = 0.30`
  - `WickMaxOppositeRatio = 0.15`
  - `SoldierCrowWickFactor = 0.30`
- `ShowOnlyConfirmed = true`
- `ShowAlerts = false`
- `SendPushNotif = false`
- Bullish color: **Lime**
- Bearish color: **Red**
- `LabelFontSize = 8`
- `LabelOffsetPips = 5`
- `MaxBarsBack = 500`
- Panel position: `X = 10`, `Y = 20`
- `UseTrendFilter = true`
- `ShowTrendPanel = true`
- `TrendMethod = 3` — majority vote (2 of 3)
- `PriorTrendBars = 30`
- `SwingBars = 8`
- `SwingATRFactor = 0.5`
- Moving averages:
  - Fast = **20**
  - Mid = **50**
  - Slow = **200**
  - type = **EMA**
  - applied price = **Close**
- ADX:
  - period = **14**
  - threshold = **20.0**
- Adaptive MA / KAMA:
  - efficiency-ratio period = **10**
  - fast EMA = **2**
  - slow EMA = **30**
  - slope lookback = **3**

## Interpretation

BCPF is a **pattern-identification and context tool**, not a standalone trading
system.

A candlestick formation is a description of recent price geometry, not a
guarantee of what price will do next. The optional context filters are intended
to reduce obvious mismatches between a reversal pattern and the price action
that preceded it, but they do not turn a candlestick pattern into a certainty.

The checklist is therefore intentionally flexible: the user can decide which
formations are useful for a particular market and ignore the rest.

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Super Signal – Skyblade Edition Système de signaux de tendance professionnel sans repaint / sans latence, avec un taux de réussite exceptionnel | Pour MT4 / MT5 Il fonctionne mieux sur des unités de temps inférieures, comme 1 minute, 5 minutes et 15 minutes. Caractéristiques principales : Super Signal – Skyblade Edition est un système de signaux intelligent conçu spécifiquement pour le trading de tendance. Il utilise une logique de filtrage multicouche pour détecter uniquement les mouvements d
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Reda El Koutbane
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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
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L'indicateur AW Candle Patterns est une combinaison d'un indicateur de tendance avancé combiné à un puissant scanner de modèles de bougies. C'est un outil utile pour reconnaître et mettre en évidence les trente modèles de chandeliers les plus fiables. De plus, c'est un analyseur de tendance actuel basé sur des barres colorées avec un       panneau de tendance multi-période plug-in qui peut être redimensionné et positionné. Une possibilité unique d'ajuster l'affichage des motifs en fonction du fi
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Alexey Minkov
4.5 (28)
All-in-One Trade Indicator (AOTI) – Since 2015. The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and
Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The ind
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 Trend Trading System est actuellement disponible à $99 . Le prix passera à $199 après les 30 prochains achats . OFFRE SPÉCIALE : Après avoir acheté Smart Trend Trading System, envoyez-moi un message privé pour recevoir Smart Universal EA GRATUITEMENT et transformer vos signaux Smart Trend en trades automatisés. Smart Trend Trading System est un système de trading c
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FX Power : Analysez la force des devises pour des décisions de trading plus intelligentes Aperçu FX Power est l'outil essentiel pour comprendre la force réelle des principales devises et de l'or, quelles que soient les conditions du marché. En identifiant les devises fortes à acheter et les faibles à vendre, FX Power simplifie vos décisions de trading et révèle des opportunités à forte probabilité. Que vous suiviez les tendances ou anticipiez les retournements à l'aide de valeurs extrêmes de D
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Scalper Vault est un système de scalpage professionnel qui vous fournit tout ce dont vous avez besoin pour un scalpage réussi. Cet indicateur est un système de trading complet qui peut être utilisé par les traders de forex et d'options binaires. Le délai recommandé est M5. Le système vous fournit des signaux fléchés précis dans le sens de la tendance. Il vous fournit également des signaux supérieurs et inférieurs et des niveaux de marché Gann. Les indicateurs fournissent tous les types d'alertes
BUY 1 and GET 1 FREE - Promotion! Buy Trend Reader Indicator with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $117 (Regular Price: $297 — You Save $180! Don't Miss!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Trend Reader Indicator is a revolutionary trading indicator designed to empower forex traders with the tools they need to make informed trading decisions. This cutting-edge indicator utilizes compl
Volatility Trend System - un système de trading qui donne des signaux pour les entrées. Le système de volatilité donne des signaux linéaires et ponctuels dans le sens de la tendance, ainsi que des signaux pour en sortir, sans redessiner ni retarder. L'indicateur de tendance surveille la direction de la tendance à moyen terme, montre la direction et son changement. L'indicateur de signal est basé sur les changements de volatilité et montre les entrées sur le marché. L'indicateur est équipé de pl
Volume Break Oscillator est un indicateur qui fait correspondre le mouvement des prix aux tendances des volumes sous la forme d'un oscillateur. Je souhaitais intégrer l'analyse des volumes dans mes stratégies mais j'ai toujours été déçu par la plupart des indicateurs de volume, tels que l'OBV, le Money Flow Index, l'A/D mais aussi le Volume Weighted Macd et bien d'autres. J'ai donc écrit cet indicateur pour moi-même, je suis satisfait de son utilité, et j'ai donc décidé de le publier sur le ma
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5 (11)
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 : Atomic Analyst est actuellement disponible à $99 . Le prix passera à $199 après les 30 prochains achats . OFFRE SPÉCIALE : Après avoir acheté Atomic Analyst, envoyez-moi un message privé pour recevoir Smart Universal EA GRATUITEMENT et transformer vos signaux Atomic Analyst en trades automatisés. Atomic Analyst est un indicateur de trading Price Action sans repaint, san
Color Trend FX
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4 (4)
Color Trend FX – Since 2017. The indicator shows on the chart the accurate market entry points, accurate exit points, maximum possible profit of a deal (for those who take profit according to their own system for exiting deals), points for trailing the open positions, as well as detailed statistics. Statistics allows to choose the most profitable trading instruments, and also to determine the potential profits. The indicator does not redraw its signals! The indicator is simple to set up and man
Linear Trend Predictor - Un indicateur de tendance qui combine des points d'entrée et des lignes de support de direction. Fonctionne sur le principe de franchissement du canal des prix haut/bas. L'algorithme de l'indicateur filtre le bruit du marché, prend en compte la volatilité et la dynamique du marché. Capacités de l'indicateur  À l'aide de méthodes de lissage, il montre la tendance du marché et les points d'entrée pour l'ouverture d'ordres d'ACHAT ou de VENTE.  Convient pour déterminer l
Ce tableau de bord est un outil d'alerte à utiliser avec l'indicateur d'inversion de structure de marché. Son objectif principal est de vous alerter des opportunités d'inversion sur des périodes spécifiques et également des nouveaux tests des alertes (confirmation) comme le fait l'indicateur. Le tableau de bord est conçu pour s'asseoir sur un graphique et fonctionner en arrière-plan pour vous envoyer des alertes sur les paires et les délais que vous avez choisis. Il a été développé après que de
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SupandResFinderMaster
Jerzy Krzysztof Bednarski
## What it does SRLF is an MT4 on-chart indicator that identifies and draws probable support and resistance zones as shaded boxes. It combines confirmed swing points, directional tick-volume pressure, and a lightweight market-structure read to estimate areas where support or resistance is more likely to form. The indicator keeps the most recently qualified support and resistance zones active, extends them forward, monitors their interaction with price, and detects confirmed breaks and role re
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