Dominant Candle Finder MT5

Dominant Candle Finder is a significant candlestick on a price chart that stands out due to its size, volume, or price movement compared to surrounding candles. It often indicates strong buying or selling pressure and can be used to identify potential reversal points, breakouts, or continuations in the market. Dominant candles can serve as key indicators for traders to make informed decisions, providing insights into market sentiment and potential future price movements.

Inputs:

  1. Symbol Method: Current Chart / Custom Pairs / Market Watch
  2. Custom Pairs: Add your favorite pairs to scan
  3. Select Timeframe: M30, H1, H4, D1
  4. Lookback: Default 80
  5. Rescan Time (Minutes): Default 15
  6. History: True / False (Show previous Dominant candles)
  7. Show Price: True / False (Display big candle body high/low price)
  8. Master Candle (Points): Default 20 points (Minimum big candle size)
  9. Minimal Candle: Default 3
  10. Alert Type: Pattern / Breakout / Both

    Video Tutorial

    For a detailed walkthrough on how to use the Dominant Candle Indicator, including setting up and interpreting the inputs, please watch the video tutorial provided. This will give you a comprehensive understanding of the indicator's functionality and practical applications.


    Feel free to contact me if you need any assistance.


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    Daniel Stein
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    Gianny Alexander Lugo Sanchez
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    Muhammad Jawad Shabir
    5 (1)
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    Daniel Stein
    4.92 (13)
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    Questo indicatore è un indicatore per l'analisi automatica delle onde perfetto per il trading pratico! Caso... Nota:   non sono abituato a usare nomi occidentali per la classificazione delle onde a causa dell'influenza della convenzione di denominazione di Tang Lun (Tang Zhong Shuo Zen), ho chiamato l'onda base come   penna   e la banda dell'onda secondaria come   segmento   At allo stesso tempo, il segmento ha la direzione del trend. La denominazione   è principalmente segmento di trend   (que
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    Daniel Stein
    5 (5)
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    Suvashish Halder
    4.78 (18)
    The   Area of Interest (AOI) Indicator   is a powerful tool designed to help traders identify key market zones where price reactions are highly probable. This indicator specifically highlights two critical zones: Seller AOI (Area of Interest) : This zone represents areas where sellers are likely to enter the market, often acting as resistance. When the price approaches or touches this zone, it signals that a potential sell-off could occur. Buyer  A OI (Area of Interest) : The BOI zone identifie
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    Introducing   Order Blocks Breaker , a brand-new way to identify and leverage order blocks in your trading strategy. After developing multiple order block tools with unique concepts, I’m proud to present this tool that takes things to the next level. Unlike previous tools,   Order Blocks Breaker   not only identifies order blocks but also highlights   Breaker Order Blocks —key areas where the price is likely to retest after a breakout. MT4 -  https://www.mql5.com/en/market/product/124101/ This t
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    Suvashish Halder
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    Suvashish Halder
    4.6 (10)
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    Suvashish Halder
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    Suvashish Halder
    5 (9)
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    Suvashish Halder
    4.83 (6)
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    Suvashish Halder
    5 (5)
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    Suvashish Halder
    5 (1)
    Smart Fibo Zones   are powerful, auto-generated Fibonacci Retracements that are anchored to key   market structure shifts . These zones serve as critical   Supply and Demand   levels, guiding you to identify potential price reactions and confirm market direction.  Fibonacci  calculations, widely used by professional traders, can be complex when it comes to identifying highs and lows. However,  Smart Fibo Zones  simplify this process by automatically highlighting order blocks and key zones, compl
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    Suvashish Halder
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    Volume Delta Candles offer a straightforward way to analyze trading activity within each candle, making it easier to see what's happening without needing an extra volume indicator. This tool uses lower timeframe or real-time data to show the percentage of buying and selling volume within a candle as a colored bar. Make sure you understand Volume and Volume Delta before jumping in. If you’re not sure, reach out to me first for a quick rundown. But if you're already familiar, you're good to go! Ke
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    Suvashish Halder
    4.88 (8)
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    Suvashish Halder
    5 (5)
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    Suvashish Halder
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    Suvashish Halder
    4.88 (8)
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    Volume Orderflow Profile
    Suvashish Halder
    5 (2)
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    Suvashish Halder
    4.86 (7)
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    Smart Volume Box MT5
    Suvashish Halder
    5 (2)
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    Suvashish Halder
    4 (3)
    We mark the fair value gap (FVG) and wait for the price to reach that zone, but sometimes it reverses before getting there. This can happen because we didn't notice the Balanced Price Range (BPR). My tools will enhance your analysis by displaying everything on the chart, helping you identify potential price reversal areas so you can make informed decisions about when to enter the market. MT5 -  https://www.mql5.com/en/market/product/119228/ So, what is BPR or Balanced Price Range? A Balanced Pr
    Introducing   Volume Orderflow Profile , a versatile tool designed to help traders visualize and understand the dynamics of buying and selling pressure within a specified lookback period. Perfect for those looking to gain deeper insights into volume-based market behavior! MT4 Version -  https://www.mql5.com/en/market/product/122656/ The indicator gathers data on high and low prices, along with buy and sell volumes, over a user-defined period. It calculates the maximum and minimum prices during t
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    Suvashish Halder
    4.5 (2)
    This is one of the most popular and highly rated volatility index (VIX) indicators on the market. It provides the same readings as the VIX does for stock indexes. However, this indicator works across all asset classes.  VIX Fix Finds Market Bottoms.  This indicator is not for inexperienced traders. Use it for day and swing trading. MT5 Version -  https://www.mql5.com/en/market/product/112284 Join To Learn Market Depth -   https://www.mql5.com/en/channels/suvashishfx Bernard Baruch summed i
    FREE
    Smart Liquidity Profile
    Suvashish Halder
    4.45 (11)
    The Smart Liquidity Profile is color-coded based on the importance of the traded activity at specific price levels, allowing traders to identify significant price levels such as support and resistance levels, supply and demand zones, liquidity gaps, consolidation zones, Buy-Side/Sell-Side Liquidity and so on.  Smart Liquidity Profile allows users to choose from a number of different time periods including 'Auto,' 'Fixed Range,' 'Swing High,' 'Swing Low,' 'Session,' 'Day,' 'Week,' 'Month,' 'Quar
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    Suvashish Halder
    5 (2)
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    Suvashish Halder
    5 (2)
    True Order Blocks is an excellent indicator for day traders, swing traders, and even scalpers. It is combined with multiple market-moving strategies. It identifies market structure, marks supply and demand zones, displays imbalance moves, structure break, trendline breakout, and much more. True order blocks are compatible with forex, stocks, cryptocurrency, and any market with any timeframe. And I'll show you how to use this tool in your day-to-day trading life. Please watch the video to learn h
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    Suvashish Halder
    5 (4)
    Smart Fibo Zones are powerful, auto-generated Fibonacci Retracements that are anchored to key market structure shifts . These zones serve as critical Supply and Demand levels, guiding you to identify potential price reactions and confirm market direction.  Fibonacci calculations, widely used by professional traders, can be complex when it comes to identifying highs and lows. However, Smart Fibo Zones simplify this process by automatically highlighting order blocks and key zones, complete with St
    The Fibonacci Volatility Bands indicator is a refined tool designed to enhance your market analysis by integrating Fibonacci retracements with the Bollinger Bands concept. This indicator visually highlights potential areas of support and resistance, providing traders with a clearer understanding of price fluctuations and volatility. MT4 Version -  https://www.mql5.com/en/market/product/126421/ The core of the Fibonacci Volatility Bands is built around a Volume Weighted Moving Average (VWMA) that
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    Trading Notes
    Suvashish Halder
    5 (3)
    Trading Notes is an innovative tool designed for traders to streamline their decision-making process by allowing them to write and display important reminders or short details directly over their trading charts. This essential feature ensures that traders have quick access to their personalized checklist before opening any positions, enhancing their trading efficiency and accuracy. MT5 Version -  https://www.mql5.com/en/market/product/120617 Key Features: Five Customizable Input Fields: Trading
    FREE
    Smart Liquidity Levels MT5
    Suvashish Halder
    3.4 (5)
    Smart Liquidity Levels is a valuable tool for identifying optimal liquidity levels, enabling retail traders like us to strategically set our stop-loss orders. T he essential tool for traders seeking to maximize their trading success.  The liquidity level is a critical component of inner circle trading (ICT). It assists us in determining when and how we should enter the market. Watch the video for detailed instructions. Here's why understanding liquidity levels is crucial in trading and how our
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