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CandleStick Pattern Indicator MT5

FREE

Published: 8 September 2023

Current version: 1.10

CandleStick Pattern Indicator MT5

Indicators
Driller Capital Management UG
Version: 1.10
Updated: 9 September 2023

This is a simple Candle Stick Pattern Indicator, which shows in the current time period all standardisized Patterns in the chart. All Patterns will be calculatet automatically based on standard conditions.

Following Candle Stick Patterns are included:

Bullish Hammer | Bearish Hammer
Bullish Inverted Hammer | Bearish Inverted Hammer
Bullish Engulfing | Bearish Engulfing
Piercing | Dark Cloud Cover
Bullish 3 Inside | Bearish 3 Inside

There are only a few settings at the begining to take. Every Pattern can be selected seperatly.

Have fun and success with the indicator.

more...

434

amin13eko 2023.10.14 07:16 #

excelent

The Three Inside Up candlestick pattern is formed by three candles. Here’s how to identify the Three Inside Up candlestick pattern: The first candle must be bearish The second candle must be bullish The close of the second candle should ideally be above the 50% level of the body of the first one The third candle should close above the first one This 3-candle bullish candlestick pattern is a reversal pattern, meaning that it’s used to find bottoms. For this reason, we want to see this pattern

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Japanese candlestick analysis has been in existence for hundreds of years and is a valid form of technical analysis. Candlestick charting has its roots in the militaristic culture that was prevalent in Japan in the 1700s. One sees many terms throughout the Japanese literature on this topic that reference military analogies, such as the Three White Soldiers pattern Unlike more conventional charting methods, candlestick charting gives a deeper look into the mind-set of investors, helping to establ

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The Three White Soldiers candlestick pattern is formed by three candles. Here’s how to identify the Three White Soldiers candlestick pattern: Three consecutive bullish candles The bodies should be big The wicks should be small or non-existent This 3-candle bullish candlestick pattern is a reversal pattern, meaning that it’s used to find bottoms. For this reason, we want to see this pattern after a move to the downside, showing that bulls are starting to take control. When a Three White Soldi

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434

amin13eko 2023.10.14 07:16 #

excelent

2848

Reply from developer Ralph Driller 2023.10.14 21:14 #

Thank you very much!

Version 1.10 2023.09.09

Added functions:
- Doji (bullish) Pattern
- Applied Period selectable
- ArrawCode selectable
- Fontsize selectable

Adjustments:
- Font orientation changed for 45 degrees for better readability
- Fixed: Delete objects after deleting indicator from chart