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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 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)
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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)
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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
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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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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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Owl Smart Levels MT5
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
Point Black
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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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Amiguinhos Inside Outside Color Bar
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A simple price action indicator to highlight inside and outside bars (candles) with colors. It is possible to choose what type of bar can be highlighted among: inside, ouside or both. It is can be possible to choose a first specific color for the shadow and the border of bars (candles), a second specific color for high/bull bar (candle) and a third specific color for down/bear bar (candle)
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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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4.91 (22)
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Pasi Hakamaki
4.63 (41)
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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3.8 (5)
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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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