Dominant Candle Finder MT5

Dominant Candle Finder is a significant candlestick on a price chart that stands out due to its size, volume, or price movement compared to surrounding candles. It often indicates strong buying or selling pressure and can be used to identify potential reversal points, breakouts, or continuations in the market. Dominant candles can serve as key indicators for traders to make informed decisions, providing insights into market sentiment and potential future price movements.

Inputs:

  1. Symbol Method: Current Chart / Custom Pairs / Market Watch
  2. Custom Pairs: Add your favorite pairs to scan
  3. Select Timeframe: M30, H1, H4, D1
  4. Lookback: Default 80
  5. Rescan Time (Minutes): Default 15
  6. History: True / False (Show previous Dominant candles)
  7. Show Price: True / False (Display big candle body high/low price)
  8. Master Candle (Points): Default 20 points (Minimum big candle size)
  9. Minimal Candle: Default 3
  10. Alert Type: Pattern / Breakout / Both

    Video Tutorial

    For a detailed walkthrough on how to use the Dominant Candle Indicator, including setting up and interpreting the inputs, please watch the video tutorial provided. This will give you a comprehensive understanding of the indicator's functionality and practical applications.


    Feel free to contact me if you need any assistance.


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    Reda El Koutbane
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    Daniel Stein
    5 (33)
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    Issam Kassas
    5 (5)
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    Muhammad Jawad Shabir
    5 (1)
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    The Oracle Pro
    Ottaviano De Cicco
    5 (1)
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    Francisco Mandomo Simbine
    5 (1)
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    Suvashish Halder
    5 (1)
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    Suvashish Halder
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    Suvashish Halder
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    Suvashish Halder
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    Suvashish Halder
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    Suvashish Halder
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    Suvashish Halder
    5 (4)
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    Introducing   Order Blocks Breaker , a brand-new way to identify and leverage order blocks in your trading strategy. After developing multiple order block tools with unique concepts, I’m proud to present this tool that takes things to the next level. Unlike previous tools,   Order Blocks Breaker   not only identifies order blocks but also highlights   Breaker Order Blocks —key areas where the price is likely to retest after a breakout. MT4 -  https://www.mql5.com/en/market/product/124101/ This t
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    Suvashish Halder
    4.6 (10)
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    Suvashish Halder
    4.5 (8)
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    Suvashish Halder
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    Suvashish Halder
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    3 (4)
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    4 (2)
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