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MT Merit Candle Count

5

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.

Comentarios 3
Donovan Adams
25
Donovan Adams 2022.12.22 20:40 
 

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

hakimest
24
hakimest 2022.10.11 03:48 
 

Thank you very much.It is a helpful Indicator.

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¡Este indicador es un indicador para el análisis automático de ondas que es perfecto para practicar el trading real! Caso... Nota:   No estoy acostumbrado a usar nombres occidentales para clasificar las ondas. Debido a la influencia de la convención de nomenclatura de Tang Lun (Tang Zhong Shuo Zen), nombré la onda básica como   pluma   y la banda de onda secundaria como   segmento   . Al mismo tiempo, el segmento tiene la dirección de la tendencia. Se nombra   el segmento de tendencia princip
Introduciendo       Indicador Quantum Trend Sniper   , el innovador indicador MQL5 que está transformando la forma en que identificas y negocias los cambios de tendencia. Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años,       Indicador de francotirador de tendencia cuántica       está diseñado para impulsar su viaje comercial a nuevas alturas con su forma innovadora de identificar cambios de tendencia con una precisión extremadamente alta.
Currency Strength Matrix
Raymond Gilmour
4.5 (26)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Este indicador detecta reversiones de precios en forma de zig-zag, utilizando solo análisis de acción de precios y un canal donchian. Ha sido diseñado específicamente para el comercio a corto plazo, sin repintar ni pintar en absoluto. Es una herramienta fantástica para comerciantes astutos con el objetivo de aumentar el tiempo de sus operaciones. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Proporciona
Otros productos de este autor
MT Supply Demand
Issara Seeboonrueang
4 (4)
We provide indicators tailored to better meet your trading requirements.   >>  MT Magical  <<   >>    MT Merit TLC   <<  MT Supply Demand : It is an indicator created to find supply and demand, which will be important support and resistance levels for the price.  Supply Zone   is a zone where the price has reached, it is often resisted. In other words, when the price reaches this zone, there will be more selling power to push the price back down. Demand Zone   is a zone where t
FREE
MT Roller Coaster
Issara Seeboonrueang
"Graph is a roller-coaster" MT Roller Coaster : Inspired by the graph's roller-coaster-like movement, this tool uses color bands to signal trends effectively. The band colors simplify order decisions: Downtrend: Bands 2 and 3 turn red, signaling sell opportunities. Uptrend: Bands 2 and 3 appear sky blue, suggesting buy orders. Sideways: Alternating band colors allow both buy and sell trades, suitable for scalping strategies. Major trend entries are identified at the outer b
MT Sideway Filter
Issara Seeboonrueang
If you know where the sideway,  you will know the trend. MT Sideway Filter : Built to identify and anticipate sideways market phases.  Once detected, expect a transition into a trend, offering profitable opportunities.  Ideal for pinpointing both sideways movements and trends. Can be used to enhance the performance of other indicators. TRADE: Forex TIME FRAME:  All Time Frame SYMBOL PAIR: All Symbol SETTINGS: SIDEWAY FILTER  Period: Put the number period for calculate (1-100)  Multi
MT Merit Pullback
Issara Seeboonrueang
5 (1)
"Pullback while filtering trend" MT MERIT PullBack : Engineered to detect pullback signals while filtering trends using advanced techniques. Best for short-term cycles. Tailored for manual trading, emphasizing risk management and fundamental analysis to select optimal currency pairs. TRADE: 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.  For backtest set = 0 (Calculate bars all) 
MT My Way
Issara Seeboonrueang
Optimal Strategy & Simplified Trading Future updates are supported to keep tool effective. MT My Way:   Why are successful traders outnumbered by those who fail? The goal of this project is to find strategic entry points where you can trade against the crowd effectively. For beginners, the approach is simple: enter trades on signals and exit when there’s an opposite signal or a designated exit indicator. Stop Loss can be set at the arrow, with the distance defined by the Arrow Gap.
MT Magical
Issara Seeboonrueang
Optimal Strategy & Simplified Trading Future updates are supported to keep tool effective. MT Magical :  A sophisticated strategy combining swing trading, trend analysis and supply & demand signals. Expertly filtered for precision. Developed with rigorous effort, delivering value to serious investors. Indicator for traders who prefer manual trading. TRADE: Forex TIME FRAME:  All Time Frame  (Not M1)  SYMBOL PAIR:  All Symbol,   Recommended SETTINGS: SIGNAL:  Aggressive,  Med
MT Trend Pro
Issara Seeboonrueang
“Trade with the trend to become a winner” MT Trend Pro:     Fibonacci levels help identify key price zones for entry, TP, and SL: Supply Zone: Resistance area where prices likely reverse downward. Demand Zone: Support area where buying pushes prices up. Combining Fibonacci with Supply & Demand zones is more effective when trading with the trend, increasing success rates. This supports the principle: “ Trade with the trend to become a winner” Strategies include waiting for signals or
MT Focus Session
Issara Seeboonrueang
4 (1)
We provide indicators tailored to better meet your trading requirements.     >>   MT Sideway Filter   << MT Focus Session : Focused on monitoring session times, the MT Focus Session indicator emphasizes market activity from opening to close, with a preference for the high-volume periods between the London Open and the U.S. Close. TRADE: Forex TIME FRAME:  M5 M15 M30 H1 SYMBOL PAIR: All Symbol SETTINGS: FOCUS SESSION Open Session Time: Start time of the session you a
FREE
MT Merit OBOS
Issara Seeboonrueang
Optimal Strategy Future updates are supported to keep tool effective. MT MERIT OBOS (Over Bought and Over Sold Zone) : The OB indicator seeks reversal signals in overbought and oversold zones, which is challenging since exact reversal points are unpredictable.  Manual risk management (including Stop Loss, Take Profit, and martingale strategies)  Suitable for self-directed traders. TRADE: Forex and Binary Option TIME FRAME:  All Time Frame ( Not M1 ) SYMBOL PAIR: All Symbol SETTIN
MT Merit TLC
Issara Seeboonrueang
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
MT Omniscient
Issara Seeboonrueang
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
Filtro:
Donovan Adams
25
Donovan Adams 2022.12.22 20:40 
 

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

Issara Seeboonrueang
7468
Respuesta del desarrollador Issara Seeboonrueang 2022.12.26 03:56
Hi friend, Thank you for liking our products. I wish you happiness!
hakimest
24
hakimest 2022.10.11 03:48 
 

Thank you very much.It is a helpful Indicator.

Issara Seeboonrueang
7468
Respuesta del desarrollador Issara Seeboonrueang 2022.10.11 04:15
Hi, Thank you for liking our products. I wish you happiness!
Tolitz
126
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?

Issara Seeboonrueang
7468
Respuesta del desarrollador 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.
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Versión 3.2 2022.07.26
Modify indicator and create Signals & Alert