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Basic Candlestick Patterns

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Published: 28 December 2023

Current version: 1.41

Basic Candlestick Patterns

Name: Basic Candlestick Patterns
Rating: 4.8 (10 reviews)
Author: Mehran Sepah Mansoor

4.8

Indicators
Mehran Sepah Mansoor
Version: 1.41
Updated: 13 June 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...

James.Bill 2024.07.13 15:28 #

I would like to use it in my trading

1633

heiko v.piechowski 2024.06.11 16:09 #

Great, thanks for sharing

45993

Rodrigo Arana Garcia 2024.05.31 11:24 #

nice developer, good free products. thanks

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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 MT5 version Dashboard Scanner for this indicator: ( Basic Supply Demand Dashboard ) Features The indicator automatically scans the chart fo

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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 / MT4 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

65 USD

This dashboard shows the latest available harmonic patterns for the selected symbols, so you will save time and be more efficient / MT5 version . Free Indicator: Basic Harmonic Pattern Comparison of "Basic Harmonic Pattern" vs. "Basic Harmonic Patterns Dashboard" Indicators Feature Basic Harmonic Pattern Basic Harmonic Patterns Dashboard Functionality Detects and displays harmonic patterns on a single chart Searches multiple symbols and timeframes for harmonic patterns, displays result

99 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

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 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 / MT5 version . Features Real-Time Trend Strength: Get an acc

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

85 USD

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

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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Ansar007 2024.08.06 10:52 #

It gives late signals. for example if bullish engulfing appears, it provides signals on the third candle that now bullish engulfing appeared on the previous bars. How is it fixed. So that it provides timely candlestick patterns signals

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Reply from developer Mehran Sepah Mansoor 2024.08.06 11:21 #

I recommend to read the description of the indicator. Option "Show only confirmed patterns"

James.Bill 2024.07.13 15:28 #

I would like to use it in my trading

trtkiid 2024.06.16 07:58 #

User didn't leave any comment to the rating

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heiko v.piechowski 2024.06.11 16:09 #

Great, thanks for sharing

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Rodrigo Arana Garcia 2024.05.31 11:24 #

nice developer, good free products. thanks

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jenaustria 2024.05.18 09:42 #

Appreciate this

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rovinades 2024.05.17 12:35 #

This is next level indicator

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Calix Fujimoto 2024.05.08 09:51 #

This is nice, thank you so much

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ypfy00 2024.04.25 10:11 #

这个怎么知道是做多还是做空了？能不能标个上下箭头

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Reply from developer Mehran Sepah Mansoor 2024.04.25 11:37 #

请关注指标描述页面的第二张照片。识别上升和下降模式

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danmar 2024.01.01 12:39 #

HI Thank you for this product that i discover and which look very interesting i will come back after using it warmly

Version 1.41 2024.06.13

- Fixed minor bugs reported on alerts

Version 1.40 2024.05.15

- Improve performance

Version 1.31 2024.04.30

- Improve performance

Version 1.30 2024.03.28

- Panel position input added

Version 1.20 2024.03.07

- Push notification added
- Email Notification added

Version 1.10 2023.12.31

- font settings added