Candle Count Binary Pattern

  • Indicatori
  • 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.
  • Versione: 2.1
  • Attivazioni: 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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DayTrader PRO DayTrader PRO è un indicatore di trading avanzato che combina il filtro Laguerre di John Ehlers con un potente motore di auto-ottimizzazione. Invece di utilizzare parametri fissi, l'indicatore ricerca automaticamente le migliori impostazioni in base alle condizioni recenti del mercato, aiutandoti ad adattarti alla volatilità variabile senza costanti aggiustamenti manuali. L'indicatore genera segnali chiari di ACQUISTO (BUY) e VENDITA (SELL), insieme a livelli adattivi di Stop Loss
Accesso Ufficiale all'Ecosistema BlueDigitsFx Ricevi aggiornamenti sull'infrastruttura, risorse operative, nuovi prodotti e accesso all'ecosistema ufficiale BlueDigitsFx. Ecosistema Telegram Sito Web Versione MT5 BlueDigitsFx Easy 123 System — Potente sistema di rilevamento di inversioni e breakout per MT4 Sistema completo senza repaint per individuare inversioni e breakout di mercato — progettato per trader che apprezzano struttura, chiarezza e operatività basata sulla conferma. BlueDigitsFx
Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
Advanced Supply Demand
Bernhard Schweigert
4.91 (302)
Speciale Trading- SCONTO DEL 30% La soluzione migliore per qualsiasi trader principiante o esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente, perché abbiamo incorporato una serie di funzionalità proprietarie e una nuova formula. Con questo aggiornamento, potrai visualizzare doppie zone di timeframe. Non solo potrai visualizzare un TF più alto, ma anche entrambi, il TF del grafico e il TF più alto: MOSTRA ZONE ANNIDATE. Tutti i trader che operano con Of
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
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)
Attenzione alle truffe, questo indicatore e' distribuito esclusivamente su MQL5.com nota: questo indicatore e' per METATRADER4, se vuoi la versione per  METATRADER5 questo e' il link:  https://www.mql5.com/it/market/product/108123 TRENDMAESTRO ver 2.5 TRENDMAESTRO riconosce un nuovo TREND sul nascere, non sbaglia mai. La sicurezza di identificare un nuovo TREND non ha prezzo. DESCRIZIONE TRENDMAESTRO identifica un nuovo TREND sul nascere, questo indicatore prende in esame la volatilita' i vol
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
Questo prodotto è stato aggiornato per il mercato 2026 e ottimizzato per le ultime build di MT5. AVVISO DI AGGIORNAMENTO PREZZO: Smart Price Action Concepts è attualmente disponibile a $200 . Il prezzo aumenterà a $299 dopo i prossimi 30 acquisti . OFFERTA SPECIALE: Dopo l’acquisto, inviami un messaggio privato per ricevere un bonus gratuito + regalo . Prima di tutto, vale la pena sottolineare che questo strumento di trading è un indicatore non-repainting, non-redrawing e non-lagging, il che lo
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
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EA Order Manager PRO
Rodrigo Rethka Goncalves
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
Market Monitor
Rodrigo Rethka Goncalves
Market Monitor – Smart Asset Performance Dashboard for MT4 Turn your MetaTrader 4 into a professional trading intelligence center! Market Monitor is a powerful monitoring tool that displays, in real time, the most relevant performance metrics of each symbol being traded — helping you make faster, smarter, and more strategic decisions. What Does This Indicator Do? Market Monitor scans all open and historical orders, consolidates the data by symbol, and displays everything in visual pa
Correlation Beast EA
Rodrigo Rethka Goncalves
Correlation Beast V2.05 - Skyrocket Your Forex Trading! Unlock the power of currency correlations with Correlation Beast V2.5 , the ultimate Expert Advisor for MetaTrader 4! Designed for traders who crave precision and profitability, this EA leverages advanced correlation strategies to identify high-probability trades. Whether you're a beginner or a pro, this tool is your key to mastering the Forex market! Why Choose Correlation Beast V2.5? Powerful Correlation Trading Trade sma
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