Dominant Candle Finder

5

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.
MT5 Version -  https://www.mql5.com/en/market/product/120154

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.


    Comentários 2
    pornchai_p
    1170
    pornchai_p 2024.08.05 09:00 

    This is really a great and unique tool. Highly recommended. Thanks to Mr. Suvashish Halder for excellent support as well.

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    Indicadores
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    AW Trading Software Limited
    5 (1)
    Indicadores
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    Currency Pulse MT4
    Evgeniy Zhdan
    Indicadores
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    Oleg Rodin
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    PZ TRADING SLU
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    Quantum Naked SMC Prime MT4
    Le Kim Phong
    Indicadores
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    DayTrader PRO MT4
    Davit Beridze
    4.6 (10)
    Indicadores
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    Quantum Trend Sniper MT4
    Ian Andrew Nicholson
    5 (1)
    Indicadores
    Quantum Trend Sniper PRO for MetaTrader 4 Quantum Trend Sniper PRO is a professional-grade MT4 indicator built for traders who want selective entries, clear trade structure, and live on-chart decision support . This is not a basic buy/sell arrow tool. It is a complete trading workflow that helps you identify higher-quality setups, project the full trade structure, monitor progression through multiple profit targets, and review trade behavior directly on the chart. Designed for traders who value
    Scalper Inside PRO
    Alexey Minkov
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    Indicadores
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    Gold Targets 4
    Sergei Linskii
    Indicadores
    Gold Targets são o melhor indicador de tendência. O algoritmo exclusivo do indicador analisa o movimento do preço do ativo, levando em consideração fatores de análise técnica e matemática, determina os pontos de entrada mais rentáveis, emite um sinal em forma de seta e o nível de preço (ENTRADA DE COMPRA / Entrada de VENDA) para abra um pedido. O indicador também exibe imediatamente o nível de preço para Stop Loss e cinco níveis de preços para Take Profit. ATENÇÃO: O indicador é muito fácil de
    Extreme point
    Ilya Fomin
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    The Extreme point indicator helps in determining the probable price reversal points on the chart. The indicator facilitates the search for points to enter the market with greater accuracy. The indicator displays certain impulses, after which there is a high probability of the price continuing its movement in the same direction. The indicator can be used in conjunction with other indicators for a more accurate detection of the position entry points. The indicator can also be used independently. F
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    Eris13
    478
    Eris13 2024.08.23 09:04 

    O usuário não deixou nenhum comentário para sua avaliação

    Suvashish Halder
    198113
    Resposta do desenvolvedor Suvashish Halder 2024.08.23 10:03
    Thanks for your trust. Wish you all the best and happy trading 💚
    pornchai_p
    1170
    pornchai_p 2024.08.05 09:00 

    This is really a great and unique tool. Highly recommended. Thanks to Mr. Suvashish Halder for excellent support as well.

    Suvashish Halder
    198113
    Resposta do desenvolvedor Suvashish Halder 2024.08.05 10:10
    Thank you for your kind words. Wish you all the best 💚
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