Candlestick Patterns Pro

Japanese Candlestick Patterns Pro for MT4

Japanese Candlestick Patterns Pro for MT4 is a professional indicator for MetaTrader 4 designed to automatically detect popular Japanese candlestick patterns on the chart.

The indicator helps traders find potential bullish and bearish candlestick formations faster, without manually checking every candle. Detected patterns are displayed directly on the chart with arrows and text labels, while the built-in summary table shows the current pattern overview.

Main features

Automatic Japanese candlestick pattern detection
Bullish and bearish arrows on the chart
Text labels with detected pattern names
Pattern summary table on the chart
Moving Average trend filter
SMA and EMA support
Moving Average visualization on the chart
Tick volume filter
Flexible candle sensitivity settings
Ability to enable or disable individual pattern groups
Terminal popup alerts
Push notifications to mobile MetaTrader
Closed-candle signal calculation
Optional current-candle analysis
No repainting of closed signals
Suitable for Forex, gold, indices, crypto, stocks, and commodities

Detected candlestick patterns

Bullish Engulfing
Bearish Engulfing
Bullish Harami
Bearish Harami
Hammer
Hanging Man
Inverted Hammer
Shooting Star
Morning Star
Evening Star
Piercing Line
Dark Cloud Cover
Three White Soldiers
Three Black Crows
Three Inside Up
Three Inside Down
Three Outside Up
Three Outside Down

Pattern summary table

The Pro version includes a summary table that shows which bullish and bearish patterns are detected on the last closed candle.

The table helps you quickly evaluate the current chart situation and see the total number of bullish and bearish signals.

You can adjust the table position, row height, column width, and font size.

Trend filter

The indicator uses a Moving Average as a market context filter. You can choose SMA or EMA and adjust the Moving Average period.

The filter helps detect bullish reversal patterns after downward movement and bearish reversal patterns after upward movement. This makes the signals more consistent with classical Japanese candlestick analysis.

Volume filter

Japanese Candlestick Patterns Pro supports a tick volume filter. It allows the indicator to consider only candlestick patterns that appear during increased market activity.

The volume filter can be applied to all pattern groups. This helps reduce weak signals during low-activity market conditions.

Flexible candle settings

The indicator includes advanced sensitivity parameters that allow you to control how strictly candlestick patterns are detected:

minimum candle body size relative to price;
minimum candle body size relative to the High-Low range;
minimum candle body size relative to the average body;
maximum short-candle body size;
maximum doji-candle body size;
minimum shadow-to-body ratio.

Use softer settings to get more signals. Use stricter settings to reduce noise and filter weaker formations.

Alerts

The indicator can notify you when a new candlestick signal appears on a closed candle.

Available alert types:

Terminal alerts
Push notifications

This is useful if you do not want to monitor the chart manually all the time.

Who can use this indicator

Japanese Candlestick Patterns Pro for MT4 is suitable for:

Price Action traders
Forex traders
Gold traders
Crypto traders
Stock and index traders
Manual traders
Traders who use Japanese candlestick patterns as trade confirmation
Users who need visual candlestick pattern analysis
Traders who need a signal summary table directly on the chart

Recommended usage

Use the indicator to find potential candlestick setups on the active chart. After a signal appears, confirm it with support and resistance levels, trend direction, market structure, volatility, and risk-to-reward analysis.

Higher timeframes such as H1, H4, and D1 usually provide cleaner candlestick signals. On lower timeframes, it is recommended to use the trend filter and volume filter to reduce market noise.

Important

This indicator is not a trading robot and does not open trades automatically. It is designed for technical analysis and visual candlestick pattern detection.

Candlestick patterns should not be used as standalone trade entries. Always use additional confirmation and proper risk management.

Japanese Candlestick Patterns Pro for MT4 is a professional tool for traders who need automatic Japanese candlestick pattern detection, visual signals, trend and volume filtering, alerts, and a pattern summary table directly on the MetaTrader 4 chart.