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MT Merit Candle Count

FREE

Published: 12 December 2021

Current version: 3.2

MT Merit Candle Count

Name: MT Merit Candle Count
Rating: 5 (2 reviews)
Author: Issara Seeboonrueang

Indicators
Issara Seeboonrueang
Version: 3.2
Updated: 26 July 2022

Optimal Strategy Be your trading assistant

MT Merit Candle Count :
Designed for binary options trading, Indicator counts the number of bullish or bearish candlesticks, making it suitable for both martingale and standard trading strategies.
It's ideal for experienced traders and applicable to Forex, helping to gauge volume and identify trends or potential reversals on the chart.

Indicator for traders who prefer manual trading.

TRADE: Binary Option and Forex

TIME FRAME: All Time Frame

SYMBOL PAIR: All Symbol

SETTINGS:

CALCULATE BARS: Value or bars used must be large enough to calculate the formula.

SIGNAL: Input number Level.

ALERT: Popup, Mobile, Sound (Arrow display at the current time and Alert after close candle)

DETAIL SIGNALS & BARS & NUMBER: Refine details in the display. Change: Size and Color

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This is a free version with no future feature upgrades.

more...

Donovan Adams 2022.12.22 20:40 #

Very easy to setup and this indicator compliments my trading strategy. Thank you Issara.

hakimest 2022.10.11 03:48 #

Thank you very much.It is a helpful Indicator.

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Optimal Strategy & Simplified Trading Future updates are supported to keep tool effective. MT MERIT TLC (Trend Line Channel) : The TLC indicator identifies reversal or breakout signals using plotted trend line channels relative to the current price. It is tailored for manual traders who manage risk independently (Stop Loss, Take Profit, Risk-Reward). Indicator for traders who prefer manual trading. TRADE: Forex and Binary Option TIME FRAME: All Time Frame SYMBOL PAIR: All Symbol

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Best strategy, Easy Trading Future updates are supported to keep tool effective. MT Omniscient: While Forex trading can automatically draw trend lines, these alone aren’t sufficient indicators for opening positions. It's essential to identify specific zones that signal optimal buy or sell opportunities and supplemented by reliable signal that strengthen decision-making on trade entries. TRADE: Forex TIME FRAME: All Time Frame (Indicator not support M1 (slow)) SYMBOL PAIR: A

656.56 USD

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Donovan Adams 2022.12.22 20:40 #

Very easy to setup and this indicator compliments my trading strategy. Thank you Issara.

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Reply from developer Issara Seeboonrueang 2022.12.26 03:56 #

Hi friend, Thank you for liking our products. I wish you happiness!

hakimest 2022.10.11 03:48 #

Thank you very much.It is a helpful Indicator.

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Reply from developer Issara Seeboonrueang 2022.10.11 04:15 #

Hi, Thank you for liking our products. I wish you happiness!

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Tolitz 2022.03.18 04:00 #

Not accurate, I tried on my MT2trading connector to IQOption binary at 1min & 5 mins.. Only at 50% winrate or less.... Can you improve the accuracy?

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Reply from developer Issara Seeboonrueang 2022.03.18 05:43 #

Hi Tolitz If using the Indicator Candle Count alone, it may require a high level and a long wait time, which could be a reversal point on the chart. For me I used another indicator to join the Indicator Candle Count to open an order.
I will send you a sample of my trading strategy by private message.
It could be an example for you to apply in your trading.

Version 3.2 2022.07.26

Modify indicator and create Signals & Alert