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Five Candles Pattern MT5

The "Five Candle Pattern" indicator is a novel way to see the market, because with it we can compare and/or seek training or the pattern of the past 4 or 5 Candles, and identify them in the same graph, to view your behavior at an earlier time.

The indicator creates a pattern of those 4 or 5 candles and searches backward, identifies, and marks the same formation or pattern.

With that information you adjust the strategy that is operating, or create a new one, because you can compare the past development of the current pattern and on that basis it easier to identify the trend.

It is an easy and immediate way to look as the graph behaved when the information was quite similar to the formation or candlestick pattern that is developing at the moment.

Although the name emphasizes a pattern of 5 candles, the indicator can be used also by a pattern of 4 candles, just as is customizable color pattern base, the color of the pattern matches, and the number of candles to review in search of the Pattern or formation.

It is a potential tool that will refine the strategy and which will be completely useful for traders. The indicator is accompanied by an information table which shows all the information and results of the indicator.


Indicator parameters

  • Candles_to_Compare: is the number of candles we want to review, and in which we will look for matches with the base pattern
  • Candles_base: select between 2 options, search for a pattern of 4 candles or a pattern of 5 candles.
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WHY IS OUR FXACCCURATE LS MT5 THE PROFITABLE ? PROTECT YOUR CAPITAL WITH RISK MANAGEMENT Gives entry, stop and target levels from time to time. It finds Trading opportunities by analyzing what the price is doing during established trends. POWERFUL INDICATOR FOR A RELIABLE STRATEGIES We have made these indicators with a lot of years of hard work. It is made at a very advanced level. Established trends provide dozens of trading opportunities, but most trend indicators completely ignore them!
Trend Line Map Pro MT5
STE S.S.COMPANY
4.09 (11)
Trend Line Map Indicator ist ein Add-On für Trend Screener Indicator. Es arbeitet als Scanner für alle Signale, die vom Trendscreener (Trendliniensignale) erzeugt werden. Es ist ein Trend Line Scanner basierend auf dem Trend Screener Indicator. Wenn Sie keinen Trend Screener Pro Indicator haben, funktioniert die Trend Line Map Pro nicht. It's a Trend Line Scanner based on Trend Screener Indicator. If you don't have Trend Screener Pro Indicator,     the Trend Line Map Pro will not work .
Introducing the POWER TRADE indicator created by a small group of traders with a few years trading trading the financial market profitably . This is a plug and play indicator that provides you with  POWERFUL Entry signals with Profit Taking and rebound zones. The indicator Works with all MT5 trading instruments. The indicator uses previous  chart data as receipt to speculate on future market moves.
Trend Forecaster
Alexey Minkov
5 (6)
The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
Contact me for instruction, any questions! Related Product:  Gold Trade Expert MT5 Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. T
ICT, SMC, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, Breaker Blocks, Momentum Shift, Strong Imbalance, HH/LL/HL/LH, Fair Value Gap, FVG, Premium & Discount Zones, Fibonacci Retracement, OTE, Buyside Liquidity, Sellside Liquidity, Liquidity Voids, Market Sessions, NDOG, NWOG,Silver Bullet,ict template Auf dem Finanzmarkt ist eine genaue Marktanalyse für Investoren von entscheidender Bedeutung. Um Investoren dabei zu helfen, Marktt
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Version 1.6 2021.11.17
Updated to new compiler versions.
Version 1.4 2017.04.14
Is rewritten again, optimizing consumption.
Small errors are corrected, which are due to drawing the base patterns and coincidences
Version 1.1 2015.11.23
Fixed drawing the patterns