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Reversal Candle Finder

The Candlestick Reversal Alert for MT5 is your ultimate tool for identifying potential trend reversals in the financial markets. This powerful indicator is designed exclusively for MetaTrader 5 (MT5) and is packed with features to help you stay ahead of market movements.

Key Features:

  1. Customizable Reversal Criteria: Tailor the indicator to your trading style by adjusting parameters such as lower wick size, top wick size, and top wick percentage.

  2. Historical Analysis: Specify how many historical candles to scan for reversal patterns, making it versatile for both short-term and long-term traders.

  3. Push Notifications: Receive instant push notifications on your mobile MetaTrader 5 app whenever a reversal candle pattern is detected. Stay connected to the markets, even on the go.

  4. Alert Customization: Choose your preferred way of staying informed. You can enable or disable alerts and push notifications based on your needs.

  5. Efficiency and Precision: Let the indicator do the heavy lifting by scanning the charts for you. It's designed to provide timely alerts about potential trading opportunities.

Customizable Inputs:

  1. WickMultiplier:

    • Description: This multiplier helps find candlestick patterns by measuring how much larger the wick is compared to the candlestick's body. A higher value makes larger wicks more significant for pattern detection.

  2. MaxOpenCloseDifferencePercentage:

    • Description: This parameter limits how much the opening and closing prices can differ, expressed as a percentage of the instrument's price. It ensures that patterns are detected only when the price difference falls within a specific percentage range.

  3. OppositeWickMultiplier:

    • Description: It determines how much smaller the opposite wick should be compared to the main wick in a candlestick pattern. A smaller value makes the opposite wick a more critical factor in recognizing patterns.

    • OppositeWickMultiplier is set to 0.25, it means that the opposite wick (e.g., the upper wick for a bullish pattern) should be no larger than 25% of the size of the main wick (e.g., the lower wick for a bullish pattern). A smaller value here places more emphasis on the relative size of the opposite wick when identifying patterns.

  1. Look-Back Candles (LookBackCandles): Specify the number of historical candles the indicator should scan for reversal patterns. This feature is versatile for both short-term and long-term traders.

  2. Send Push Notifications (SendNotifications): Enable or disable push notifications to your mobile MetaTrader 5 app when a reversal pattern is detected. Stay connected to the markets, even on the go.

  3. Send Alerts (SendAlerts): Choose whether to enable or disable alerts within the MetaTrader 5 platform. Tailor your experience to match your preferred method of receiving alerts.

  4. Use History (UseHistory): Toggle this feature on or off to prevent the indicator from repeating old notifications and alerts when the MetaTrader terminal reconnects.




How It Works:

The Candlestick Reversal Alert for MT5 monitors every candle in your selected historical range, checking for specific reversal patterns based on your customized criteria. When a significant reversal pattern is identified, it generates a push notification to your mobile MT5 app or an alert within the platform, bringing your attention to potential trading opportunities.

Why Choose This Indicator:

  • Exclusively for MT5: This indicator is tailored for MetaTrader 5, ensuring compatibility and seamless integration.

  • Customization: Fine-tune the indicator to match your unique trading strategy. Adjust wick sizes and other parameters to suit your preferences.

  • Stay Informed on the Go: With push notifications, you can stay connected to the markets no matter where you are, ensuring you never miss an opportunity.

Note: This is a non-visual indicator designed to provide you with timely alerts and notifications. It's not intended for chart analysis or visual trading. The Candlestick Reversal Alert for MT5 is your reliable partner for staying on top of market reversals.

Unlock the potential of your trading strategy with the Candlestick Reversal Alert for MT5 and gain the advantage you need in today's fast-paced financial markets.



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Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. A
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PZ TRADING SLU
4.17 (6)
Indicadores
¿Cansado de trazar líneas de soporte y resistencia? La resistencia de soporte es un indicador de marco de tiempo múltiple que detecta y traza automáticamente los soportes y las líneas de resistencia en el gráfico con un giro muy interesante: a medida que los niveles de precios se prueban con el tiempo y aumenta su importancia, las líneas se vuelven más gruesas y oscuras. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Mejora tu análisis técnic
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Juvenille Emperor Limited
5 (14)
Indicadores
Matrix Arrow Indicator MT5   es una tendencia única 10 en 1 que sigue un indicador   100% sin repintado   de marcos temporales múltiples que se puede usar en todos los símbolos/instrumentos:   divisas ,   materias primas ,   criptomonedas ,   índices ,   acciones .  Matrix Arrow Indicator MT5  determinará la tendencia actual en sus primeras etapas, recopilando información y datos de hasta 10 indicadores estándar, que son: Índice de movimiento direccional promedio (ADX) Índice de canales de prod
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4.73 (86)
Indicadores
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance,   HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure
Trending Volatility System MT5
Vitalyi Belyh
Indicadores
Volatility Trend System - un sistema de comercio que da señales para las entradas. El sistema de volatilidad da señales lineales y puntuales en la dirección de la tendencia, así como señales para salir de ella, sin redibujar ni demoras. El indicador de tendencia monitorea la dirección de la tendencia a mediano plazo, muestra la dirección y su cambio. El indicador de señal se basa en cambios en la volatilidad y muestra entradas en el mercado. El indicador está equipado con varios tipos de alertas
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Blahtech Limited
4.54 (13)
Indicadores
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Indicadores
Gold TMAF MTF - es el mejor indicador técnico bursátil. El algoritmo del indicador analiza el movimiento del precio de un activo y refleja la volatilidad y las posibles zonas de entrada. Las mejores señales del indicador: - Para VENTA = límite superior rojo de TMA2 por encima del límite superior rojo de TMA1 + indicador fractal rojo por encima + flecha amarilla de señal SR en la misma dirección. - Para COMPRA = límite inferior azul de TMA2 por debajo del límite inferior azul de TMA1 + i
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Georgios Kalomoiropoulos
Indicadores
Las líneas de tendencia son la herramienta más esencial del análisis técnico en el comercio de divisas. Desafortunadamente, la mayoría de los comerciantes no los dibujan correctamente. El indicador de líneas de tendencia automatizadas es una herramienta profesional para comerciantes serios que lo ayuda a visualizar el movimiento de tendencia de los mercados. Hay dos tipos de Trendlines Bullish Trendlines y Bearish Trendlines. En la tendencia alcista, la línea de tendencia de Forex se dib
TPA True Price Action MT5 Indicator
InvestSoft
5 (10)
Indicadores
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Reza Aghajanpour
5 (16)
Indicadores
** All Symbols x All Timeframes scan just by pressing scanner button ** ***Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly,
Auto Orderblock with Break of Structure MT5
Barend Paul Stander
4.64 (14)
Indicadores
Auto Order Block with break of structure based on ICT and Smart Money Concepts (SMC) Futures Break of Structure ( BoS )             Order block ( OB )            Higher time frame Order block / Point of Interest ( POI )    shown on current chart           Fair value Gap ( FVG ) / Imbalance   -  MTF      ( Multi Time Frame )    HH/LL/HL/LH  -  MTF      ( Multi Time Frame )  Choch  MTF      ( Multi Time Frame )  Volume Imbalance     ,  MTF          vIMB Gap’s Power of 3 Equal High
Trend Reversal Scanner MT5
Reza Aghajanpour
5 (5)
Indicadores
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** *** Contact me after the purchase to send you instructions and add you in "Trend Reversal group" for sharing or seeing experiences with other users. Introduction: Trendlines are the most famous technical analysis in trading . Trendlines continually form on the charts of markets across all the different timeframes providing huge opportunities for traders to jump in and profit on the action. In the other hand,  The tre
Quantum Breakout Indicator PRO MT5
Bogdan Ion Puscasu
5 (6)
Indicadores
Introduciendo       Quantum Breakout PRO   , el innovador indicador MQL5 que está transformando la forma en que comercia con Breakout Zones. Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años,       Desglose cuántico PRO       está diseñado para impulsar su viaje comercial a nuevas alturas con su innovadora y dinámica estrategia de zona de ruptura. El indicador de ruptura cuántica le dará flechas de señal en las zonas de ruptura con 5 zonas
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Versión 1.4 2023.09.26
Change Log - Version 1.4

Bug Fixes:

Fixed a bug related to incorrect wick multiplier calculations, ensuring accurate pattern detection.
Corrected a bug where the opposite wick multiplier was calculated incorrectly, improving pattern recognition accuracy.
Parameter Change:

Replaced the input and calculation method for the opposite wick size. Instead of using "opposite wick %" as an input, the indicator now uses "opposite wick multiplier." This change offers more precise control over pattern recognition.
Added Print Feature:

Implemented a new feature that allows users to view the values of every detected candle. This addition enhances transparency and aids users in understanding how patterns are identified.
These changes enhance the reliability and usability of the indicator, addressing previous calculation issues, providing more control over parameters, and offering improved visibility into the detected candlestick patterns.
Versión 1.3 2023.09.25
Precision Improvements

Fixed Bugs; Now indicator detect only closed candles!
Versión 1.1 2023.09.24
Fixed some small issue where with history feature.