Japanese Candlestick Patterns Pro Mt5
- Indicadores
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Andrei Strashko
Hello, my name is Andrey.
I develop products under my own brand: Golden Wolf. - Versão: 1.20
- Atualizado: 28 abril 2026
- Ativações: 15
My products: https://www.mql5.com/ru/users/astra077/seller
In the product line:
Candlestick Pattern Detector — a free basic version.
Candlestick Patterns Standard — a paid single-chart version with extended patterns and filters: https://www.mql5.com/ru/market/product/174530
Japanese Candlestick Patterns Pro MT5 — a professional single-chart version with a summary table: https://www.mql5.com/ru/market/product/173411
Multi-Currency Candlestick Pattern Scanner — the ultimate version: a multi-currency and multi-timeframe scanner with a dashboard panel:
https://www.mql5.com/ru/market/product/174519
https://c.mql5.com/6/1001/Japanese_Candlestick_Patterns_Pro_EN__1.txt
Bonus: every buyer receives Trade Assistant MT5 Standard as a gift https://www.mql5.com/ru/market/product/174951.
After purchase, please contact the seller through the MQL5 private messaging system.
Japanese Candlestick Patterns Pro
This is an indicator for MetaTrader 5 that automatically detects popular Japanese candlestick patterns on the chart in real time. You don’t need to search for signals manually — the indicator does it for you.
How it works (simple explanation)
The indicator analyzes each candle and compares its shape, size, and position with previous candles.
When a combination matches a known pattern (such as Engulfing or Hammer), it:
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displays the pattern name on the chart;
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shows a directional arrow (up — buy, down — sell);
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updates a table with current signals;
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sends a notification (if enabled).
You can also apply additional filters:
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trend filter (based on a moving average);
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volume filter (for stronger signals).
Key advantages
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Automatic pattern detection
No need to analyze charts manually — everything is marked for you. -
Clear trading signals
Arrows instantly show BUY or SELL direction. -
On-chart labels
Pattern names are displayed directly on candles. -
False signal filtering
Trend and volume filters improve signal quality. -
Convenient table
Shows active patterns in real time. -
Alerts
Receive notifications in the terminal or on your phone. -
Flexible usage
Can be used as a standalone tool or as confirmation in any strategy.
Supported patterns
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Engulfing
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Harami
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Hammer / Hanging Man
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Inverted Hammer / Shooting Star
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Morning Star / Evening Star
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Piercing Line / Dark Cloud Cover
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Three White Soldiers / Three Black Crows
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Three Inside Up / Down
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Three Outside Up / Down
Input parameters
Main:
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AvgPeriod — period for average candle size calculation
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UseATR — enable ATR usage (auxiliary parameter)
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ATRPeriod — ATR period
Filters:
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UseTrendFilter — enable trend filter
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MAType — moving average type (SMA or EMA)
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TrendMAPeriod — MA period
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UseVolumeFilter — enable volume filter
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VolumeThreshold — minimum volume (% of average)
Candle parameters:
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MinBodyPricePercent — minimum body size relative to price
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MinBodyRangePercent — minimum body size relative to range
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MinBodyAvgPercent — minimum body size relative to average
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MaxShortBodyPercent — maximum size for short candles
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MaxDojiBodyRange — doji threshold
Display:
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ShowLabels — show pattern names
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ShowSignalArrows — show arrows
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ShowTable — show table
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MaxBarsToDraw — number of bars to analyze
Table:
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TableX , TableY — position
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TableRowHeight — row height
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TableColPatternWidth — pattern column width
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TableColBullWidth — bullish column width
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TableColBearWidth — bearish column width
Alerts:
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EnableTerminalAlerts — terminal alerts
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EnablePushAlerts — push notifications
Who is it for
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beginners — as a learning tool;
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traders — as a signal confirmation tool;
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scalpers and intraday traders — for fast signals;
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swing traders — for identifying reversals.
Summary
This indicator turns complex candlestick analysis into a simple and visual tool:
you see the signal → understand the direction → make a decision.

