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Candlestick Patterns indicator MT5

Candlestick Patterns indicator MT5, a MetaTrader MT5 and MT4 expert advisor for trading forex profitably, as well as stocks, indices, futures  and can be downloaded for free from RobotFX
NFA & FIFO COMPATIBLE
...made to work with most brokers
ONE SINGLE PAYMENT
...no hidden fees, no subscriptions
FREE LIFE UPDATES
...every time a version is released
Candlestick Patterns indicator for MT5 The Candlestick Patterns indicator searches for thirty popular candlestick patterns and displays them on the price chart.

The indicator can be configured to show separate patterns as well as groups: one-, two- and three-bar patterns. You can enable or disable the display of each found pattern on the screen, as well as tooltips, containing chart period, pattern name and time.

A chart displaying one-bar candlestick patterns.
A chart displaying two-bar candlestick patterns.
A chart displaying three-bar candlestick patterns.

The indicator has 38 adjustable parameters, eight of which are as follows:

  • Enable One-bar patterns – enable or disable the display of one-bar patterns;
  • Enable Two-bar patterns – enable or disable the display of two-bar patterns;
  • Enable Three-bar patterns – enable or disable the display of three-bar patterns;
  • Maximum of pips distance between equal prices – the accuracy of the patterns (*);
  • Show Pattern Descriptions – show/hide pattern descriptions;
  • Font size – the font size for the description text;
  • Texts color – the color of the description;
  • Font name – the font name for the description text.
  • The other thirty parameters allow to individually enable or disable the search and display of patterns.
Candlestick Patterns indicator settings in MetaTrader 5.

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Download a free version
fully functional but limited to trading on demo accounts
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5 Comments
Anonymous
ive been using this indicator for a month now and its very reliable. it helps me see patterns that i would normaly miss. the alerts are a game changer too. Highly recomend for anyone who trades candlestick patterns
Lasha Idris
This is a huge time saver. Instead of staring at the chart trying to find patterns, it just tells me exactly where they are. You can change the colors and font size which is nice. great tool
Bo Dominik
i got this to help with my trading and it works so well. It shows the pattern name and circles the candles so there's no confusion. It works on multiple timeframes and has really improved my analysis.
Anonymous
I used to be so bad at spotting candlestick patterns but this indicator makes it easy. I can see the reversals coming and get in early. It's a must have for any trader on mt5.
Marija Atilla
It's reliable and has helped me a lot with my trading. The fact that it works on any trading instrument is a big plus. It's a great purchase.
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