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Candle Information with Session filter

75 USD

Demo downloaded: 3

Published: 18 August 2024

Current version: 1.0

Candle Information with Session filter

Indicators
Davit Beridze
Version: 1.0
Activations: 10

This indicator is not a guarantee of profitability but is designed to provide valuable insights and reduce the time spent analyzing charts, allowing you to focus on what matters most—your time.

The "Candle Info" indicator is designed to analyze and display specific candle formations directly on the chart within MetaTrader 4 (MT4). The indicator provides traders with visual cues about market sentiment by identifying various candle formations, such as Higher Highs, Lower Lows, Higher Lows, and Lower Highs. These formations help traders better understand market behavior and potential price movements during different trading sessions.

Key Functions:

Candle Formation Detection:
- The indicator detects and labels specific candle formations:
  - Higher High (HH): Current candle's high is higher than the previous candle's high.
  - Lower Low (LL): Current candle's low is lower than the previous candle's low.
  - Higher Low (HL): Current candle's low is higher than the previous candle's low.
  - Lower High (LH): Current candle's high is lower than the previous candle's high.
- It also identifies combinations of these formations:
  - HH & HL: Indicates a bullish trend.
  - LL & LH: Indicates a bearish trend.
  - HH & LL: Typically indicates a bullish sentiment, though indeterminate.
  - HL & LH: Typically indicates a bearish sentiment, though indeterminate.
Session Filters:
- The indicator allows users to filter candle formations based on specific trading sessions:
  - Asian Session (Tokyo)
  - European Session (London)
  - North American Session (New York)
  - Pacific Session (Sydney)
- Users can toggle the visibility of formations based on these sessions, making it easier to focus on specific market hours.
Visual Representation:
- Bullish Formations are displayed below the candle, with customizable color (default: blue).
- Bearish Formations are displayed above the candle, with customizable color (default: red).
- The indicator automatically adjusts the text position to ensure clear visibility on the chart, making it easy for traders to quickly identify key patterns.
Alerts and Notifications:
- The indicator includes a robust alert system to notify traders of new formations:
  - On-screen Alerts: Pop-up alerts within the MT4 platform.
  - Push Notifications: Alerts sent to mobile devices via the MT4 app.
  - Email Alerts: Notifications sent via email.
  - Sound Alerts: Audible alerts to draw immediate attention.
- Traders can configure which alerts they want to receive, allowing them to stay informed even when away from their trading platform.
Daylight Saving Time (DST) Adjustment:
- The indicator automatically adjusts session times for Daylight Saving Time (DST) in both European and North American markets, ensuring that the session filters remain accurate throughout the year.
Customizable Display Options:
- Traders can customize various aspects of the indicator, including:
  - Text Color: Set separate colors for bullish and bearish formations.
  - Font Size: Adjust the size of the displayed text.
  - Session Visibility: Choose which sessions to display formations for.
  - Formation Visibility: Toggle the visibility of specific formations (HH, LL, HL, LH).
Efficient Chart Management:
- The indicator ensures that only relevant information is displayed by removing outdated objects from the chart, keeping the visual presentation clean and clutter-free.

Usability:

For Trend Traders: The "Candle Info" indicator is particularly useful for trend traders who rely on understanding the strength and direction of price movements. By identifying key formations like HH & HL or LL & LH, traders can gain insights into potential trend continuation or reversal points.
For Session-Based Trading: Traders who focus on specific sessions (e.g., the London or New York session) can filter out noise from other sessions and concentrate on the formations that occur during their preferred trading hours. This makes the indicator an excellent tool for session-based strategies.
For Market Sentiment Analysis: The indicator helps traders gauge market sentiment by visually representing bullish and bearish formations. This can be especially useful when combined with other technical indicators or price action analysis.

Conclusion:

The "Candle Info" indicator is a versatile and powerful tool for MT4 traders. It combines candle formation analysis with session filtering, customizable visual representation, and an alert system to help traders make informed decisions. Whether you are a trend trader, session trader, or simply looking to enhance your market analysis, the CandleInfo indicator offers valuable insights and practical functionality.

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Dashboard for Ma Speedometer: https://www.mql5.com/en/market/product/116784 Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90.

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There is No use in the Testing Demo. You will understand nothing from running flashing numbers. It is a Dashboard. Just try to understand idea, get it and I will help in everything further. Symbols must be separated by commas (,) and entered into the parameters exactly as displayed by your broker to ensure they are recognized in the dashboard. These symbols will be used for analysis by the indicator. With one click open any pair any timeframe directly from dashboard The MA Speedometer Dashboar

50 USD

after getting indic ator cont act me for Bonus E a. Non Repaint TMA channel with special conditioned arrows on price cross of channel lines plus market Volatility factor, which makes product much more accurate than any usual tma channel indicators. It is proven to be profitable with Ea built based on it which you will get as a BONUS in case of indicator purchase. Good luck.

50 USD

In case you get Laguerre S crat indicator, you will get Laguerre Scrat Ea as a Gift. To get Ea and det a iled m anu al PDF contact me PM. Default settings are for usd/cad H4 For St able Long term Profits Laguerre Scrat is a trading system based on 4 indicator combinations in the shape of one indicator. Laguerre indicator (upgraded), CCI, Bollinger bands and market volatility factor. It generates arrows in the indicator window and nuts on the price chart, doubling arrows for a better view where

50 USD

Check my p a id tools they work perfect! "Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as w

FREE

You get Ea based on MRA Index for free as a Bonus in case of indicator purchase. For sc alping I optimize sets on period of l ast 12 months and use it next 1 month, this w ay it works very well ! Def ault settings are just for vizu alis ation, it c an not be profit able with it, recommendations about Correct optimization process I sh are with buyers. The "MRA Index" forex indicator is a versatile tool that combines various technical elements to provide traders with valuable insights into pot

65 USD

Def ault settings are just for visu alis ation, it c an not be profit able with it. Get a Free EA as a Bonus when you Purchase the Indicator! Plus, Receive 4 Interesting Additional Indicators. Recommended set files for backtesting the indicator on recommended pairs are available in the comments section (last page). Please note that this product is exclusively sold on the MQL5 market. Any other sources offering it are scams, and the author bears no responsibility. To receive the bonus gifts,

65 USD

Check my p a id tools they work perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus: https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma

FREE

Check my p a id tools they work perfect please r ate Adjustable PIN BAR indicator is usefull tool alowing to search for pin bars you wish to find on the price chart, it has 2 parameters to filter out what type of pin bars you wish to search for: 1) MinTailProc 75% (default) which means to show pin bars that has minimum size of the Nose (Tail) as 75% of full candle size. If Upper Nose (Tail) size of the candle is minimum 75% of the candle size fully than candle is painted in RED. If Lower Nose

FREE

RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informativity. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. To make yourself sure check out the screens

50 USD

Check my paid tools they work great and I share Ea's based on them for free please r ate The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the bro

FREE

Indicator shows buy/sell arrows depending on volatility factor. Indicator does not repaint! It works on any pair and any timeframe. It is well tested through strategy builders and shows quite interesting results as a good filter indicator and as independent signaler as well (check the screenshots). It is possible to search for a lot of interesting parameters for profitable trading, some of which are shown on the screenshots. There are next inputs in indicator settings: N-volatility period; Level

40 USD

B acktest with set files from comments section (L a st comment) with method open price only. Watch video and Turn ON Subtitles when watching! This EA contains Few stop out levels built in what makes it much safer than any other method! Never pay attention to the Stereotips. Any method can be risky if you use them without a Sense. Steady Ranger EA is an advanced automated channel trading system with potential to find out hundreds of profitable set files according to the back tests. This EA is n

350 USD

RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informative. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. I Made RSI line Dynamic, it gets more flexible

50 USD

This EA is Created just for RSI Entry points Indicator ( https://www.mql5.com/en/market/product/67581 Test, to show indicators profitable parameters and to give potential buyers possibility to backtest indicator Entries. EA opens Buy orders on Buy Arrows and Sell orders on Sell Arrows of the indicator, orders are closed on opposite signals. EA is not created for Live automated trading, thats not the goal to sell EA, but any ways if you like it and need it, you can rent. Default settings are f

100 USD

Re ad First Before Testing. This Ea goes as a Bonus to MFI Modern PRO indicator users only. Set files generated after upgrade you can check in comments section. This Expert advisor is based on MFI Modern PRO indicator https://www.mql5.com/en/market/product/80765 just to give possibility to indicator users for fastly test the indicator Before buying. In comments section recommended set files are uploaded by which you can prove yourself that backtest data from indicator overview are real. Thi

100 USD

MA Revolution is upgraded version of standard Moving A verage. With the current upgrade moving average line got more sensitive with different market conditions. It gets more flexible by decreasing default period step by step while market is sharp and incrasing period back to default period step by step while market is normal again. testing of the ide a shows th at this upgr aded version gives much more acur acy for detecting m arket direction, ch anges in direction are shown much e arly th an

30 USD

Indicator customers will get Ea based on Fiter indicator for free as a Bonus. (watch video to see Ea in action) Fiter is EMA+ATR*RSI hibrid yellow line combined with Moving average red line, cross of which gives much smoother results than two simple Ma cross usage in trading. Effectiveness is proven by backtest and comparison with two simple Ma crosses. History shows that this method Fits with different market conditions and it can be boldly used in real manual trading for determining big trend

50 USD

Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90. above 30 degrees is the buying area, below -30 degrees is the selling area. abo

65 USD

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