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EZT Future Candles


The indicator predict the future candles direction, by scanning past candle movement.

Based on the principal: “ The history repeat itself”. Programmed according to Kendall Correlation.

In the settings menu, different scanning options are available.

When the indicator find a match, start painting future candles from the current candle to the right, also from the current candle to the left as well, showing you the candle pattern what the actual signal is based on. The left side candle are optional, set it in the “ Draw Past Bars of the Pattern “ menu to true or false. If there is trend in those future candles, also optional, paint a trendline showing the probable direction.

 

Main menu:

·         Indicator drawing period: You can choose how many candles back you like the indicator draw patterns what find in the past, this way you can examine the validity of the settings you choose.

·         Test candles to Calculation: Number of candles to scan, to find a similar pattern to the actual last set of candle Pattern length.

·         Draw Past Bars of the Pattern: True/False

·         Candle Pattern Length: 5-100 candles. Choose the length of the pattern you looking for. The more candles you choose the less signals you might find.

·         Use Trend Finder: true/false : drawing a trendline to the future candles if applicable.

·         Trend Finder mode:Choose from 3 options when previous set to true.

·         Uptrend Color:Up- trendline color

·         Downtrend color: Down-trendline color

 

The following menu points will determine the signal you will receive.

Correlations

You can choose the 4 standard price options: close, open, high, low

After every price you can put a number from 1-100, that would be like a % of the similarity of the chosen pattern. The recommended number here is 80 %.

Ranges

Choose to compare of the Candle Pattern open/close or high/low range similarity.

Body size checking

This is the similarity in the candle body sizes

Directions of bodies similarity.

Bull /Bear candles in the given pattern

 

·         Future candle count: 5-30. How many candles to draw in the future.

·         Info text:All the chosen setting can be shown on the alert candle by vertically if set true.

·         Period start vertical line: when set true, there will be a vertical line on the alert candle

·         Navigator panel: When set to true there will be a navigator panel on the chart, you can jump to past candle alerts with the buttons.

·         Alerts: Pop up, e-mail and push notification alert


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Este indicador detecta reversões de preços em zigue-zague, usando apenas análise de ação de preços e um canal donchiano. Ele foi projetado especificamente para negociações de curto prazo, sem repintar ou retroceder. É uma ferramenta fantástica para traders astutos, com o objetivo de aumentar o tempo de suas operações. [ Guia de instalação | Guia de atualização | Solução de problemas | FAQ | Todos os produtos ] Surpreendentemente fácil de negociar Fornece valor em cada período de tempo Imple
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Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
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PipFinite Breakout EDGE MT5
Karlo Wilson Vendiola
4.83 (106)
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Important information here www.mql5.com/en/blogs/post/723208 The Reliable Expert Advisor Version Automate Breakout EDGE signals using "EA Breakout EDGE" Click Here Have access to the game changing strategy that will take your trading to the n
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Of all the four principle capital markets, the world of foreign exchange trading is the most complex and most difficult to master, unless of course you have the right tools! The reason for this complexity is not hard to understand. First currencies are traded in pairs. Each position is a judgment of the forces driving two independent markets. If the GBP/USD for example is bullish, is this being driven by strength in the pound, or weakness in the US dollar. Imagine if we had to do the same thing
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