Candlestick Patterns Indicator for MetaTrader 5

★ ★ ★ ★ ★ 6 opinions

✔ NFA & FIFO COMPATIBLE

Works with most regulated brokers

✔ ONE-TIME PAYMENT

No subscriptions or hidden fees

✔ FREE LIFETIME UPDATES

All future versions included

The Candlestick Patterns Indicator for MetaTrader 5 is a powerful MT5 tool that automatically detects and highlights 30 popular candlestick patterns directly on your price chart in real time. It helps traders quickly spot high-probability reversal and continuation setups.

The indicator can be fully configured to show individual patterns or complete groups: one-bar, two-bar, and three-bar patterns. You can enable or disable any pattern, control tooltips (showing chart period, pattern name, and time), and customize the visual display for maximum clarity.

Candlestick Patterns Chart Examples

One-bar candlestick patterns detected on MetaTrader 5 chart

Two-bar candlestick patterns on MetaTrader 5

Three-bar candlestick patterns displayed on MetaTrader 5 chart

Candlestick Patterns Settings

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.

How to Use Candlestick Patterns Indicator MT5

Install the indicator on your MetaTrader 5 platform.
Attach it to any chart and timeframe you prefer.
Enable the pattern groups (one-bar, two-bar, three-bar) you want to see.
Customize colors, tooltips, and font settings for best visibility.
Combine detected patterns with support/resistance levels or trend analysis for stronger trade confirmations.

Frequently Asked Questions

Q: Is this Candlestick Patterns indicator only for MT5?
Yes, this version is built specifically for MetaTrader 5.

Q: How many candlestick patterns does it detect?
It automatically detects and displays 30 popular candlestick patterns, including single, double, and triple bar formations.

Q: Can I choose which patterns to show?
Yes. You have full control — you can enable or disable any individual pattern or entire groups.

Q: Does it show explanations for each pattern?
Yes. You can enable tooltips that display the pattern name, timeframe, and exact time it was detected.

Q: Is it suitable for beginners?
Yes. The visual display and optional descriptions make it very user-friendly for new traders learning candlestick patterns.

Download Candlestick Patterns free

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⚠ fully functional but limited to trading on demo accounts

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What 6 traders think of Candlestick Patterns Indicator for MetaTrader 5

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.

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.

I appreciate how it integrates with the MT5 alert system for mobile notifications.