Candlestick Signal Pro

Candlestick Signal Pro – Advanced Japanese Candlestick Trading Indicator

Candlestick Signal Pro is an advanced MetaTrader 5 indicator designed to identify high-quality trading opportunities using Japanese candlestick patterns combined with intelligent Support and Resistance analysis.

Instead of displaying every candlestick pattern as a trading signal, the indicator evaluates the quality and location of each pattern and calculates a Signal Strength score from 0% to 100%. Only signals that meet the user-defined minimum strength are displayed.

When a valid setup is confirmed, Candlestick Signal Pro automatically displays the Entry Zone, Stop Loss, Take Profit, trade direction, candlestick pattern name, Risk/Reward ratio, and Signal Strength directly on the chart.

Key Features

• Advanced Japanese candlestick pattern recognition
• Bullish and bearish pattern detection
• Automatic Support and Resistance analysis
• Signal Strength scoring from 0% to 100%
• Adjustable minimum Signal Strength
• Automatic BUY and SELL signal detection
• Automatic Entry Zone calculation
• Automatic Stop Loss based on candlestick structure and Support/Resistance
• Automatic Take Profit based on the next suitable Support/Resistance level
• Minimum Risk/Reward filter
• Clear chart visualization for Entry, Stop Loss, and Take Profit
• Green Entry Zone
• Red Stop Loss Zone
• Blue Take Profit Zone
• BUY and SELL signal arrows
• Professional compact dashboard
• Green BUY indicator and red SELL indicator
• Dynamic Signal Strength bar
• Current candlestick pattern displayed on the dashboard
• Entry, SL, TP and R:R information displayed in real time
• Signal expiration control
• Popup alerts
• Push notifications to the MetaTrader mobile application
• Sound alerts
• Fully customizable dashboard and signal colors
• Works directly with the current chart symbol and timeframe

Candlestick Pattern Analysis

Candlestick Signal Pro analyzes multiple types of Japanese candlestick formations, including reversal and continuation structures such as:

Doji, Dragonfly Doji, Gravestone Doji, Spinning Top, Hammer, Hanging Man, Inverted Hammer, Shooting Star, Bullish and Bearish Engulfing, Harami, Morning Star, Evening Star, Piercing Line, Dark Cloud Cover, and other supported candlestick formations.

The indicator does not rely only on the appearance of the candle. The surrounding market structure and the position of the pattern relative to important Support and Resistance areas are also considered when evaluating the signal.

Intelligent Signal Strength

Every detected setup receives a Signal Strength score.

For example, if:

Minimum Signal Strength = 70

only signals with a strength of 70% or higher will generate the complete trading setup.

Traders who prefer more signals can lower the threshold, while traders looking for stronger filtering can increase it.

Automatic Trading Zones

Once a valid setup is confirmed, the indicator automatically calculates and displays three important areas:

ENTRY – The preferred price zone for entering the setup.

STOP LOSS – Calculated using the candlestick structure together with the relevant Support or Resistance zone.

TAKE PROFIT – Selected using the next suitable Support or Resistance area while respecting the minimum Risk/Reward requirement.

This allows traders to see the complete trade structure directly on the chart without manually calculating every level.

Professional Dashboard

The integrated dashboard provides a quick overview of the current setup, including:

BUY / SELL direction • Pattern Name • Entry Zone • Stop Loss • Take Profit • Risk/Reward • Signal Strength

The Signal Strength bar changes dynamically according to the current setup, making it easy to evaluate the quality of the signal at a glance.

Alerts & Notifications

Candlestick Signal Pro can notify traders when a qualified setup appears through:

MetaTrader popup alerts, mobile push notifications, and sound alerts.

This allows the indicator to monitor the chart while the trader focuses on other markets or activities.

Important

Candlestick Signal Pro is a technical analysis indicator and does not automatically execute trades.

Trading signals are based on technical conditions and historical price behavior. No indicator can guarantee profitable results. Users should apply appropriate risk management and test the indicator according to their own trading strategy before using it in live trading.

Candlestick Signal Pro – Japanese candlestick patterns transformed into clear, structured trading setups.