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Candlestick Patterns with Alerts MT5

4

With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing.

Input parameters:

  • ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation
  • LongArrowColor: The color of the Arrows displaying a Bullish candle formation
  • BullishEngulfing: Disabled/Enabled/EnabledwithAlert
  • BearishEngulfing: Disabled/Enabled/EnabledwithAlert
  • Pin:  Disabled/Enabled/EnabledwithAlert
  • Hammer:  Disabled/Enabled/EnabledwithAlert
  • BullBreakout:  Disabled/Enabled/EnabledwithAlerts
  • BearBreakout:  Disabled/Enabled/EnabledwithAlert
  • Morning Star: Disabled/Enabled/EnabledwithAlerts
  • Evening Star: Disabled/Enabled/EnabledwithAlerts

The indicator will display the enabled formations with arrows below/above the candle where the formation happened. If you disable a formation, no arrows for that formation will be drawn on the chart. If you enable the pattern, there will be arrows appearing, where the candlestick formation happened. If you select "EnabledwithAlert", the indicator will send an alert, whenever there is a new candle on the chart and the formation happened on the last candle. Whenever you drag the mouse over any arrow displayed by the indicator, the formation will be shown in the description of the arrow.

If you are a manual trader and you'd like to see a game changer tool, that is easy to use, enables you to create powerful grid and hedging strategies, check out ManHedger.

Reviews 5
Petr Zharuk
1598
Petr Zharuk 2024.10.13 14:22 
 

Спасибо

Retail Trading Realities LTD
1255
Philip Kym Sang Nelson 2023.12.30 16:07 
 

Every price action trader needs this indicator on their charts. What's more this indicator is Free! 5 Stars.

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Peter Mueller
4.8 (5)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT4 Version  With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as a perc
With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. How does it work? Simply fill out the Start Price, TP (Take Profit), SL (Stop Loss), and Volume parameters, and click on the "Open Trade" button to immediately place the order/trade. The "Long" button allows you to select whether you want to Buy
FREE
With this free tool, you can easily visualize your trades on the chart, view take profit and stop loss values in points and percentages, and enter trades based on percentage of your account balance or specific amounts of money, among many other features. The only input required is the leverage for the current symbol, as the program may not have access to this information with some brokers. There are 2 inputs for the Display Colors. How does it work? Simply fill out the Start Price, TP (Take Pro
FREE
Introducing the Zone Recovery EA, a powerful tool for traders who seek precise control over their Zone Recovery strategies. This manual version operates similarly to the Zone Recovery mode in ManHedger but some distinctive features – the Stop Loss (SL) cannot be modified during the strategy execution, and no pending orders are opened, when the StartPrice is reached. There are no input parameters. Zone Recovery strategies can only be executed on accounts that allow hedging. Key Features: Hedging
FREE
Introducing the Zone Recovery EA, a powerful tool for traders who seek precise control over their Zone Recovery strategies. This manual version operates similarly to the Zone Recovery mode in ManHedger but some distinctive features – the Stop Loss (SL) cannot be modified during the strategy execution, and no pending orders are opened, when the StartPrice is reached. The only 2 input parameters are the leverage for the current symbol and a check of wether the Account allows hedging.  Zone Recover
FREE
With this easy to set up indicator you can display and set alerts for the following candlestick formations: Bull Breakout, Bear Breakout, Hammer, Pin, Bullish Engulfing, Bearish Engulfing. I'd appreciate if you would review the indicator Input parameters: ShortArrowColor: The color of the Arrows, displaying a Bearish candle formation LongArrowColor: The color of the Arrows displaying a Bullish candle formation BullishEngulfing: Disabled/Enabled/EnabledwithAlert BearishEngulfing:   Disabled/Enab
FREE
ManHedger MT4
Peter Mueller
5 (1)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
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nunovski
283
nunovski 2025.01.19 22:38 
 

In the end I will not use it

Peter Mueller
21303
Reply from developer Peter Mueller 2025.01.20 13:36
Thanks for taking your time and writing a review. I'd happily listen to your advice: what should I change about the product? You gave 1 star for the description, which could be improved, but what in your opinion should be added? You also gave 1 star for reliability and usability. Did some error occur while operating? Is the indicator unreliable? What is the problem about it? I'm really curious. And last but not least, the user support. I'm sorry but I do not find any incoming message from you, you did not reach out to me, how can you make any judgement about the user support? I'd say leaving a bad review simply because "in the end you won't use it", is a bad practice. As far as I know the indicator does what it says it does, if you can't judge whether you need it or not, is not the indicators problem. I hope you will reach out to me and we can resolve this together.
Petr Zharuk
1598
Petr Zharuk 2024.10.13 14:22 
 

Спасибо

Peter Mueller
21303
Reply from developer Peter Mueller 2024.10.13 16:40
Thank you for the review!
[Deleted] 2024.05.19 04:31 
 

User didn't leave any comment to the rating

Peter Mueller
21303
Reply from developer Peter Mueller 2024.05.19 11:26
Thanks a lot for your review!
Retail Trading Realities LTD
1255
Philip Kym Sang Nelson 2023.12.30 16:07 
 

Every price action trader needs this indicator on their charts. What's more this indicator is Free! 5 Stars.

Peter Mueller
21303
Reply from developer Peter Mueller 2023.12.31 12:49
Thanks for your review it means a lot to me and I'm glad you like it
Evgeny Belyaev
89939
Evgeny Belyaev 2023.11.29 17:17 
 

User didn't leave any comment to the rating

Peter Mueller
21303
Reply from developer Peter Mueller 2023.11.29 22:41
Thank you very much for your review, it means a lot to me!
Reply to review
Version 1.2 2024.03.23
Added Morning Star and Evening Star candle formations
Version 1.1 2023.12.28
Added the Symbol and the timeframe to the Alert.