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Five Candles Pattern MT5

The "Five Candle Pattern" indicator is a novel way to see the market, because with it we can compare and/or seek training or the pattern of the past 4 or 5 Candles, and identify them in the same graph, to view your behavior at an earlier time.

The indicator creates a pattern of those 4 or 5 candles and searches backward, identifies, and marks the same formation or pattern.

With that information you adjust the strategy that is operating, or create a new one, because you can compare the past development of the current pattern and on that basis it easier to identify the trend.

It is an easy and immediate way to look as the graph behaved when the information was quite similar to the formation or candlestick pattern that is developing at the moment.

Although the name emphasizes a pattern of 5 candles, the indicator can be used also by a pattern of 4 candles, just as is customizable color pattern base, the color of the pattern matches, and the number of candles to review in search of the Pattern or formation.

It is a potential tool that will refine the strategy and which will be completely useful for traders. The indicator is accompanied by an information table which shows all the information and results of the indicator.


Indicator parameters

  • Candles_to_Compare: is the number of candles we want to review, and in which we will look for matches with the base pattern
  • Candles_base: select between 2 options, search for a pattern of 4 candles or a pattern of 5 candles.
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Siarhei Vashchylka
5 (13)
Indicatori
Gartley Hunter - An indicator for searching for harmonic patterns (Gartley patterns) and their projections. The indicator is equipped with a system of alerts and push notifications. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. 12 harmonic patterns: 7 classical and 5 exotic. New patterns will be added as the indicator develops. 2. Constant automatic search for harmonic patterns. The indicator is capable of finding from the smallest to the largest patterns. 3. Autom
Gartley Hunter Multi
Siarhei Vashchylka
5 (5)
Indicatori
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all classic timeframes: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all classic timeframes 3. Search for patterns of all possible sizes. Fr
TPSpro RFI Levels MT5
Roman Podpora
5 (5)
Indicatori
A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Reversal First Impulse levels (RFI)   -  Version MT4                  INSTRUCTIONS                 RUS                 ENG                         R ecommended to use with an indicator   -  TREND PRO  
IX Power MT5
Daniel Stein
5 (1)
Indicatori
IX Power   porta finalmente l'imbattibile precisione di FX Power ai simboli non-Forex. Determina con precisione l'intensità delle tendenze a breve, medio e lungo termine dei vostri indici preferiti, azioni, materie prime, ETF e persino criptovalute. Potete   analizzare tutto ciò che   il vostro terminale ha da offrire. Provatelo e sperimentate come   il vostro tempismo migliori significativamente   durante il trading. Caratteristiche principali di IX Power Risultati di calcolo precisi al
Blahtech Market Profile MT5
Blahtech Limited
5 (8)
Indicatori
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Volume by Price MT5
Brian Collard
5 (3)
Indicatori
The Volume by Price Indicator for MetaTrader 5 features Volume Profile and Market Profile TPO (Time Price Opportunity). Get valuable insights out of currencies, equities and commodities data. Gain an edge trading financial markets. Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker charts including split structures. Versatile segmentation and compositing methods. Static, dynamic and flexible ranges with relative and/or absolute visualizations. Lay
RSI and TDI Alert Dashboard MT5
LEE SAMSON
5 (2)
Indicatori
Il dashboard di avviso RSI / TDI ti consente di monitorare gli RSI contemporaneamente (selezionabili da te) su ogni coppia principale scambiata. Puoi usarlo in due modi: 1. Seleziona più intervalli di tempo e il trattino ti mostrerà quando ci sono più intervalli di tempo estesi oltre le normali condizioni di trading. Un ottimo indicatore del fatto che il prezzo ha spinto al massimo di recente poiché ha raggiunto un livello di ipercomprato o ipervenduto su più intervalli di tempo, quindi u
Blahtech Supply Demand MT5
Blahtech Limited
4.57 (14)
Indicatori
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
Altri dall’autore
Color Chart
Miguel Antonio Rojas Martinez
Indicatori
Visualize your charts differently in MetaTrader 5. The product is good for comparing the prices, since the indicator draws High, Close, HLC, etc. It is useful when applied with other indicators (like MACD). This simple indicator colors the entire space below the chart allowing you to see the market with greater clarity. You will see the actual price, trends, and the market behavior. ‌Indicator parameters: Applied_Price : From this option you can select the type of price you want to draw with t
Five Candles Pattern
Miguel Antonio Rojas Martinez
Indicatori
The "Five Candle Pattern" indicator is a novel way to see the market, because with it we can compare and/or seek training or the pattern of the past 4 or 5 Candles, and identify them in the same graph, to view your behavior at an earlier time. The indicator creates a pattern of those 4 or 5 candles and searches backward, identifies, and marks the same formation or pattern. With that information you adjust the strategy that is operating, or create a new one, because you can compare the past devel
Price Statistics
Miguel Antonio Rojas Martinez
Indicatori
This indicator works only 5 digits Brokers. It is impossible to talk about the study of the Forex market or any market without considering of that market statistics. In this case, our indicator "price statistics" we have a new way to study our chart, giving information of the price in a range of pips you want to study for example, can we know how many times the price closes or opens into spaces 10, 20, 30, 50, 100 pips or more; and know them not only in numbers but also draws this relationship a
Price Break
Miguel Antonio Rojas Martinez
Indicatori
The "Price Break" indicator is a powerful tool for any trader. If the price breaks the levels the indicator shows, there is a 77% chance it will go in the same direction. If it exceeds the blue line, there are many possibilities for the price to rise. On the contrary, if it passes down the red line, it means that there are many possibilities for the price to drop. We should always consider the latest indicator signal, so we should rely only on the last blue arrow and the last red arrow. The indi
Candle Pips
Miguel Antonio Rojas Martinez
3 (1)
Indicatori
The "Candle Pips" indicator is a tool that helps us a quick way to see the size of the candles on our platform; this is not only of great help to any trader who wants to study the market thoroughly, it is helpful in various strategies that are based on size of the candles. The indicator shows the value in Pips of each candle to our current graph, rounded to an integer. The indicator also shows the information as a histogram, at the bottom of the graph. It has simple inputs: Candle Type: this en
Manager Trade FULL
Miguel Antonio Rojas Martinez
Utilità
Manager Trade is a tool that will help you manage trades in an easy and simple way. It is a panel that on its first tab contains buttons and inputs, beautiful and intuitive, that allow you to place operations much faster. In its second tab, all the orders of the account are listed, leaving them available to close each one with a single click of a button. Main features Place direct and pending orders with a single click, and in the same screen adjust SL, TP and Lots without having to reload the
Crosshair Percent MT4
Miguel Antonio Rojas Martinez
Utilità
This tool allows you to better analyze your chart. With "Crosshair Percent", you can calculate distances in the chart in a percentage way (in a very simple way, when the pointer is attached in the form of a crosshair: CRTL + F). The utility allows to measure and/or calculate the movements of the price NOT only in points, use a measure in professional terms as it is the percentage. The result is shown in two parts of the screen, one of them, next to the position of the pointer and the other in a
Color Chart MT5
Miguel Antonio Rojas Martinez
Utilità
Visualize your charts differently in MetaTrader 5. The product is good for comparing the prices, since the indicator draws High, Close, HLC, etc. It is useful when applied with other indicators (like MACD). This simple indicator colors the entire space below the chart allowing you to see the market with greater clarity. You will see the actual price, trends, and the market behavior. Indicator parameters Applied_Price : From this option you can select the type of price you want to draw with the
Price Statistics MT5
Miguel Antonio Rojas Martinez
Indicatori
This indicator works only 5 digits Brokers. It is impossible to talk about the study of the Forex market or any market without considering of that market statistics. In this case, our indicator "price statistics" we have a new way to study our chart, giving information of the price in a range of pips you want to study for example, can we know how many times the price closes or opens into spaces 10, 20, 30, 50, 100 pips or more; and know them not only in numbers but also draws this relationship a
Price Break MT5
Miguel Antonio Rojas Martinez
Indicatori
The "Price Break" indicator is a powerful tool for any trader. If the price breaks the levels the indicator shows, there is aproximatelly a 77% chance it will go in the same direction. If it exceeds the blue line, there are many possibilities for the price to rise. On the contrary, if it passes down the red line, it means that there are many possibilities for the price to drop. We should always consider the latest indicator signal, so we should rely only on the last blue arrow and the last red a
Candle Pips MT5
Miguel Antonio Rojas Martinez
5 (2)
Indicatori
The "Candle Pips MT5" indicator is a tool that helps us a quick way to see the size of the candles on our platform; this is not only of great help to any trader who wants to study the market thoroughly, it is helpful in various strategies that are based on size of the candles. The indicator shows the value in Pips of each candle to our current graph, rounded to an integer. The indicator also shows the information as a histogram, at the bottom of the graph. It has simple inputs: Candle Type:  
Crosshair Percent MT5
Miguel Antonio Rojas Martinez
Utilità
This tool allows you to better analyze your chart. With "Crosshair Percent", you can calculate distances in the chart in a percentage way (in a very simple way, when the pointer is attached in the form of a crosshair: CRTL + F). The utility allows to measure and/or calculate the movements of the price NOT only in points, use a measure in professional terms as it is the percentage. The result is shown in two parts of the screen, one of them, next to the position of the pointer and the other in a
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Versione 1.6 2021.11.17
Updated to new compiler versions.
Versione 1.4 2017.04.14
Is rewritten again, optimizing consumption.
Small errors are corrected, which are due to drawing the base patterns and coincidences
Versione 1.1 2015.11.23
Fixed drawing the patterns