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Basing Candles

Basing Candles indicator is an automatic indicator that detects and marks basing candles on the chart.

A basing candle is a candle with body length less than 50% of its high-low range.

A basing candle or basing candlestick is a trading indicator whose body length is less than half of its range between the highs and lows. That's less than 50% of its range.

The indicator highlights the basing candles using custom candles directly in the main chart of the platform. The percentage criterion can be changed via input parameters.

You can also turn on alerts for when a new basing candle appears.

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The indicator builds current quotes, which can be compared with historical ones and on this basis make a price movement forecast. The indicator has a text field for quick navigation to the desired date. Options: Symbol - selection of the symbol that the indicator will display; SymbolPeriod - selection of the period from which the indicator will take data; IndicatorColor - indicator color; Inverse - true reverses quotes, false - original view; Next are the settings of the te
The Trend Catcher: The Trend Catcher Strategy with Alert Indicator is a versatile technical analysis tool that aids traders in identifying market trends and potential entry and exit points. It features a dynamic Trend Catcher Strategy , adapting to market conditions for a clear visual representation of trend direction. Traders can customize parameters to align with their preferences and risk tolerance. The indicator assists in trend identification, signals potential reversals, serves as a trail
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Order Book, known also as Market Book, market depth, Level 2, - is a dynamically updated table with current volumes of orders to buy and to sell specific financial instument at price levels near Bid and Ask. MetaTrader 5 provides the means for receiving market book from your broker, but in real time only, without access to its history. The indicator OrderBook Cumulative Indicator accumulates market book data online and visualizes them on the chart. In addition, the indicator can show the market
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Pavel Zamoshnikov
4.2 (5)
This indicator searches for candlestick patterns. Its operation principle is based on Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris. If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 4 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT4 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hamme
A visualization system for favorite candlesticks price action patterns. Once attached, indicator will automatically mark next patterns on the chart: Pinocchio bar  - a small-body bar with a long 'nose', very well-known reverse pattern; Inside bar  - a bar whose range lies inside the range of the previous bar. It represents market incertitude; Outside bar  - a bar whose range exceeds the range of the previous bar. It represents market incertitude; Rails pattern  - two consequent opposite bars wit
This is a multi-symbol and multi-timeframe table-based indicator designed for a candlestick patterns detection with 46 patterns for META TRADER 5. Each formation has own image for easier recognition. Here you find most popular formations such as "Engulfing", "Hammer", "Three Line Strike", "Piercing" or Doji - like candles. Check my full list of patterns on my screenshots below. Also you can not only switch all bearish or bullish patterns from input, but also select formation for a specified symb
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Vladimir Pastushak
3.43 (7)
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PipFinite Exit EDGE MT5
Karlo Wilson Vendiola
4.86 (29)
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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
CandleStick Pattern Indicator MT5
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5 (1)
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 Pat
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The indicator identifies two most important patterns of technical analysis - Pin Bar and Engulfing. MT4-version:    https://www.mql5.com/en/market/product/53591 Settings: Mincandle size for PinBar   - The minimum size of the Pin-Bar candlestick; Percentage of candle body on size   - The percentage of the candle body in relation to its length; PinBar Alert   - Alert when a Pin-Bar is detected; PinBar Mail   - Sends an email when a Pin Bar is found; PinBar Notification   - Sends a push notificati
>>> BIG SALE PROMOTION: 50% OFF + GIFT EA!  - Promo price: $64 / Regular price $129 <<< - The promotion will end soon! The Forex Trend Tracker is an advanced tool designed to enhance the trading capabilities of forex traders. This sophisticated indicator uses complex mathematical formulas alongside the Average True Range (ATR) to detect the beginnings of new upward and downward trends in the forex market. It offers visual cues and real-time alerts to give traders a competitive advantage in th
Order Block Hunter MT5
Noha Mohamed Fathy Younes Badr
5 (2)
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
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Viktor Loginov
Size Bars – индикатор отображает на графике максимальный, минимальный, текущий и средний размер баров (свечей) за выбранный период. Отображаемые параметры индикатора Size Bars: 1)       Текущий размер бара в писах (по максимум/минимум, тело бара). 2)       Максимальный, минимальный и средний размер свечей BUY . 3)       Максимальный, минимальный, средний размер свечей SELL . 4)       Количество свечей BUY и количество свечей SELL . 5)       Среднее количество свечей подряд BUY и SELL . 6)    
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Thiago Duarte
5 (1)
Do you, like me, like to trade with the trend? Then this indicator will help you! Rainbow Trend is a trend indicator, which uses several Moving Averages on the chart. It measures different trend strenght zones for different periods: very long term, long term, mid term, short term and very short term. Each zone has its color, and it is possible to have sound alert when the prices leaves a zone and enters another. Its configuration is very simple. If you find any bug or have any suggestions, co
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Sergey Ermolov
4.07 (28)
MT4 version  |   FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User
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Ignacio Agustin Mene Franco
Black Card Pack indicator 5/1 point black It has the strategy of professional bollingers where each arrow gives you a different entry signal. It is used to operate in m1 and in d1 It is used for scalping and intraday, modified for forex markets ! suitable for all pairs modified for synthetic index markets suitable for all pairs! Ideal for volatility and jumps!
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Grigorii Matsnev
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Amiguinhos Inside Outside Color Bar
Eduardo Correia Da Silva
5 (2)
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5 (9)
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This indicator looks for 3 rather strong patterns: Spinning Top pattern Hammer or Hanging Man Inverted Hammer or Shooting Star These patterns may indicate a trend continuation or its reversal, depending on the location of the patterns. Input parameters Distance - distance between the signal and the formed signal Note: the higher the timeframe, the greater the value should be used in Distance to display the signal correctly Indicator Features Suitable for any currency pair Operating timeframe
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This is a demo version of the Candle Absorption Full indicator. It has limitations on operation. This indicator detects the Engulfing candlestick pattern and draws the corresponding market entry signal. Features It works only with EURUSD on timeframes M1 and M5. The indicator analyzes a combination of 2 or 3 candlesticks depending on settings. The number of pre-calculated bars (signals) is configurable. The indicator can send an alert to notify of a found signal. Signal can be filtered by sett
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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
Basic Supply Demand MT5
Mehran Sepah Mansoor
4.91 (23)
Basic supply demand   indicator is a powerful tool designed to enhance your market analysis and help you identify key areas of opportunity on any chart. With an intuitive and easy-to-use interface, this free Metatrader indicator gives you a clear view of supply and demand zones, allowing you to make more informed and accurate trading decisions /   Free MT4 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator   automatically   scans the chart f
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4.64 (42)
The indicator draws trendlines on chart. This indicator has six inputs. User can specify alternative labels for both lines. If multiple instances of the indicator are used, the labels must differ. User can set width and color of the lines and depth which specifies what significant peaks should be used. For example, Depth=10 sets trendlines using the current peaks and valleys that have at least 10 bars to the right and to the left and that have highs/lows less/greater than the peak's high/low. In
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RenkoExpert
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3.8 (5)
Renko Expert Advisor based on Renko bar simulation.    The EA has two options for building Renko bars. Classic and ATR. In the classic version, renko bars are marked with areas on the main chart; in the ATR version, renko bars are modeled and drawn in the indicator window. Modeling renko bars inside the EA allows you to optimize the robot better than drawing renko bars offline.      Telegramm channel   Set file Our second robot RENKOTREND Does not use martingale!  Trades opened by the robot co
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Half ma
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The Half ma arrow indicator for the MetaTrader 5 trading terminal is a simple but effective tool that gives a signal about a change in the current trend. The Half ma indicator looks like a solid dynamic line that changes color at the points where the trend changes. At these points, the indicator draws arrows of the corresponding color and direction.The Half ma arrow indicator for the MT5 terminal is not an independent source of input signals. It will be most effective to use it as a trend filte
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DXY Correlation
Abdelkhabir Yassine Alaoui
Indicator  can be used for dxy correlation trading. it calculates the dollar index (USDX or DXY) using the EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF and USD/SEK currency pairs. In order to trade them, you need to find a confirmed technical analysis pattern on the DXY chart and look for a correlated currency pair that has the same picture on its price chart. The formula used for calculation is the following: USDX = 50.14348112 × EURUSD -0.576   × USDJPY 0.136   × GBPUSD -0.119   × USDCAD 0.09
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Volume Profile For MT5
Abdelkhabir Yassine Alaoui
Volume Profile is a very useful indicator . it allows you to spot the price levels where important price action took place. It is similar to support and resistance levels but with a different logic. ( Check Out  Fixed Range Volume Profile MT5  ) One of the first thing that traders mark up when analyzing a chart is support and resistance. Volume Profile can be used for doing that too. The indicator scans the defined number of previous bars and calculates the volume of activity at each price
Spread Actual
Abdelkhabir Yassine Alaoui
This indicator Displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. you can also set  alert : Email, and push notifications.
Support And Resistance indicator that can display round levels and zones . It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target.   If an asset price is moving down and bounces back up, the level is called support (think: price floor). If an asset price is moving upward and hits a level where it reverses downward, this is called resistance (think: price ceiling).
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