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Basic Candlestick Patterns

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Published: 28 December 2023

Current version: 2.0

Basic Candlestick Patterns

Name: Basic Candlestick Patterns
Rating: 5 (3 reviews)
Author: Mehran Sepah Mansoor

Indicators
Mehran Sepah Mansoor
Version: 2.0
Updated: 9 November 2024

Our Basic Candlestick Patterns indicator makes identifying major candlestick patterns easier than ever. Discover patterns such as the Hammer, the Evening Star, the Three White Soldiers and many more with just a glance at your chart. With an intuitive interface and clear visual cues, our indicator helps you identify trading opportunities quickly and accurately / MT5 version

Dashboard Scanner for this indicator: (Basic Candlestick Patterns Dashboard)

Features

Accuracy: Automatically identifies major candlestick patterns, eliminating the need for manual search.
Customization: Adjust the parameters according to your trading preferences to suit your trading style.

Harmonic Patterns Included

Bullish patterns

Hammer
Inverse hammer
Bullish engulfing
Morning star
3 White soldiers

Bearish patterns

Hanging man
Shooting star
Bearish engulfing
Evening star
3 Black crows

Main Inputs

Show only confirmed patterns: this option allows to show only the patterns that have actually been confirmed by the candles, it is recommended to leave it as default.
Max bars: number of bars to look back for the calculation of the indicator.
Pop-up alert: alert to the MT4 terminal
Email alert: email alert
Push notification alert: alert to phone

*The other inputs have to do with the customization of colors and transparencies*

How to use it

You can activate or deactivate the desired patterns via the chart panel (see video below).

more...

1741

heiko v.piechowski 2024.06.11 16:09 #

Great, thanks for sharing

50516

Rodrigo Arana Garcia 2024.05.31 11:24 #

nice developer, good free products. thanks

263

jenaustria 2024.05.18 09:42 #

Appreciate this

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Our innovative Basic Candlestick Patterns Dashboard is specifically designed to identify profitable candlestick patterns on the chart automatically. This dashboard uses advanced algorithms to scan price charts in real time and detect a wide range of candlestick patterns, from classic to complex. In addition, it has an easy-to-use interface that allows you to visualize the detected patterns on different time frames, making it easy to make informed decisions / MT4 version Free indicator: B

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This powerful tool automatically identifies trend lines, helping you streamline your trading strategy and make more informed decisions. MT5 Version Key Features Automatic Trend Line Detection : The "Basic TrendLine" indicator scans the market for potential trend lines and displays them on your chart instantly. This saves you valuable time and ensures you never miss an important trend. User-Friendly Panel : Our indicator comes with a beautiful, intuitive panel that allows you to easily draw a

45 USD

85 USD

This powerful tool automatically identifies trend lines, helping you streamline your trading strategy and make more informed decisions. MT4 Version Key Features Automatic Trend Line Detection : The "Basic TrendLine" indicator scans the market for potential trend lines and displays them on your chart instantly. This saves you valuable time and ensures you never miss an important trend. User-Friendly Panel : Our indicator comes with a beautiful, intuitive panel that allows you to easily draw a

45 USD

Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the Basic Theme Builder indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 5. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment. Free MT4 version The Basic Theme Builder indicator i

FREE

Optimize your trading decisions with our market strength and sentiment indicator and no longer trade against the trend! Meticulously designed for serious traders who value accurate and timely information, our indicator provides a bird's-eye view of the 28 major pairs in a very simple way. This tool is able to rank the currency pairs based on terms of popularity, bullish or bearish trend strength and percentage of buyers and sellers / MT4 version . Features Real-Time Trend Strength: Get an

99 USD

Discover the power of volume analysis with our volume profile indicator for Metatrader! / MT4 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of

45 USD

This dashboard discovers and displays the Supply and Demand zones on the chart, both in scalping and long term mode, depending on your trading strategy for the selected symbols. In addition, the scanner mode of the dashboard helps you to check all desired symbols at a glance and not to miss any suitable positions / MT5 version Free indicator: Basic Supply Demand Features Allows you to view trading opportunities on multiple currency pairs , giving you a clear and concise view of all pairs,

99 USD

Basic Theme Builder: Simplify Your Chart Customization Transform your trading experience with the Basic Theme Builder indicator, a versatile tool designed to streamline the customization of your chart's appearance on MetaTrader 4. This intuitive indicator offers a user-friendly panel that enables you to effortlessly switch between various themes and color schemes, enhancing both the visual appeal and functionality of your trading environment. Free MT5 version The Basic Theme Builder in

FREE

Discover the power of volume analysis with our volume profile indicator for Metatrader! / MT5 Version Basic Volume Profile is an indicator specifically designed for manual traders looking to optimize their trading. The Volume Profile Indicator is an essential tool for any serious trader looking to better understand market behavior. With our innovative solution you can clearly and concisely visualize how trading volume is distributed across prices. This allows you to identify key areas of inte

45 USD

Our Basic Support and Resistance indicator is the solution you need to boost your technical analysis. This indicator allows you to project support and resistance levels on the chart / MT5 Version Features Integration of Fibonacci Levels: With the option to display Fibonacci levels alongside support and resistance levels, our indicator gives you an even deeper insight into market behavior and possible reversal areas. Performance Optimization: With the option to update extended lines only at

65 USD

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