The indicator searches for thirty popular candlestick patterns and displays them on the price chart.
The indicator can be configured to show separate patterns as well as groups: one-, two- and three-bar patterns. You can enable or disable the display of each found pattern on the screen, as well as tooltips, containing chart period, pattern name and time.
The indicator has 38 adjustable parameters, eight of which are as follows:
- Enable One-bar patterns – enable or disable the display of one-bar patterns;
- Enable Two-bar patterns – enable or disable the display of two-bar patterns;
- Enable Three-bar patterns – enable or disable the display of three-bar patterns;
- Maximum of pips distance between equal prices – the accuracy of the patterns (*);
- Show Pattern Descriptions – show/hide pattern descriptions;
- Font size – the font size for the description text;
- Texts color – the color of the description;
- Font name – the font name for the description text.
- The other thirty parameters allow to individually enable or disable the search and display of patterns.
Recommended MT5 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
- Exclusive 50% Cash Rebates for all Trades!
Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: 𝟕𝐖𝟑𝐉𝐐
(Free MT5 Indicators Download)
Enter Your Email Address below, download link will be sent to you.
Get Download Link