Railway Tracks Pattern
- Göstergeler
- Yury Emeliyanov
- Sürüm: 1.0
📌 Railway Tracks Pattern — Reversal Pattern Indicator
Railway Tracks Pattern is an indicator that automatically detects a powerful two-candle reversal pattern on the chart. It looks for two candles with opposite directions (bullish and bearish), similar in size, and with minimal wicks — a clear sign of momentum shift.
📋 How it works:
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The first candle is strong and directional.
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The second candle moves in the opposite direction and is of similar size.
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Both candles have small shadows (wicks).
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The indicator draws:
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🔵 Up arrow under bullish pattern (potential upward reversal).
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🔴 Down arrow above bearish pattern (potential downward reversal).
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⚙️ Configurable Parameters:
| Parameter | Description |
|---|---|
| MinBodySizePoints | Minimum candle body size in points. |
| MaxBodyDiffPercent | Max allowed body size difference between candles. |
| MaxShadowToBodyRatio | Max allowed wick-to-body ratio. |
| ArrowOffsetPoints | Vertical distance from candle to arrow. |
📈 Usage:
Perfect for manual trading and strategy integration. Works on any symbol and timeframe.
🤖 Automated Trading — Railway Tracks EA:
For full automation of this strategy, use the dedicated expert advisor:
👉 Go to Railway Tracks EA
