Magic PriceAction
- Индикаторы
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Mohammad Rahchemandi
━━━━━━━━━━━━━━━ 💠 Mohammad RahChemandi 💠 ━━━━━━━━━━━━━━━
🔰 Форекс-трейдер | Разработчик MQL4 | Инженер-программист - Версия: 1.0
- Активации: 5
Magic Price Action – Advanced Candlestick Pattern Recognition by Mr Green76
Elevate your price action trading with Magic Price Action, an advanced MetaTrader 4 indicator that streamlines candlestick analysis through automated detection, deep customization, and an intuitive on-chart control panel.
Stop manually scanning charts—let Magic Price Action do the heavy lifting with precise, real-time identification of key candlestick patterns based on your personal strategy.
🔍 Key Features
✅ Intelligent Pattern Recognition
Automatically detects a wide range of classic candlestick patterns, including:
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Doji
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Hammer
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Inverted Hammer
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Full Body bars
✅ Define Up to 5 Custom Candle Conditions (C1–C5)
Build complex, multi-bar pattern sequences or isolate single-bar conditions. Each candle can be independently configured for:
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Activation: Enable/disable specific candles.
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Pattern Type: Choose from Doji, Full Body, Hammer, or Inverted Hammer.
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Color Condition: Bullish, Bearish, or Any.
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Wick-to-Body Ratio: Set upper/lower wick size relative to the body.
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Body-to-Range %: Define body size as a percentage of full candle range.
🧩 Advanced On-Chart GUI Panel
Interactive & User-Friendly
No need to dig through properties windows. Adjust everything directly on your chart:
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Draggable & Minimizable: Reposition or hide the panel to suit your workflow.
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Responsive Layout: Panel auto-adapts to chart size.
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Real-Time Editing: Modify wick/body ratios, calculation range, and more with instant effect.
📈 Clear Visual Signals
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Signal Arrows: Arrows mark detected patterns using an ATR-based offset for optimal visibility.
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Text Labels (Optional): Add pattern names like "Doji" or "Hammer" to the chart. Customize font, size, and color.
🧠 Smart Detection Logic
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Single Pattern Recognition: Detect isolated candle patterns using only C1.
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Sequential Pattern Recognition: Enable C1–C5 together to identify multi-candle formations in precise order.
⚙️ Performance & Display Controls
Optimize indicator behavior and chart clarity:
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MaxBars : Set how many bars the indicator processes.
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MaxBarsObjects : Limit how far back labels are drawn.
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DisplayText : Globally enable/disable text labels.
💡 Why Traders Choose Magic Price Action
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Save Time: Automates manual chart analysis.
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Improve Accuracy: Apply consistent rules and logic.
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Stay Alert: Never miss potential setups as they form.
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Fully Customizable: Adapt the tool to your personal strategy.
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Effortlessly Intuitive: Even complex setups are easy with the smart GUI.
📘 How to Use
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Attach Magic Price Action to any MT4 chart.
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The on-screen panel will load automatically.
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Configure candle patterns (C1–C5) by setting pattern type, color, wick ratio, and body % as needed.
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Adjust general settings like max bars or label display through the same panel.
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Watch the chart highlight real-time signals with arrows and optional text.
