Candlestick Pattern for MT4

Hi there,

This versatile “Candlestick Patterns” indicator does exactly what its name suggests: It scans the market in real time & detects over 30 candlestick patterns for you. And plots these patterns beautifully on your charts. It’s never been easier to apply candlestick patterns in your trading.

The first thing you need to know is…

The “Candlestick Patterns” indicator is able to identify all Reversal patterns, Continuation patterns, and Exhaustion patterns…

For example, here’s just some of the Reversal patterns this indicator can detect:

Three Soldiers / Three Crows

As you can see, in this example the Three Soldier pattern correctly predicts a reversal. The pattern is quickly followed by a significant bullish market move.

Outside Up / Outside Down

In this case, the Outside Down pattern precedes a major downward move. If you followed this pattern, you would have gotten an easy winning trade.

Morning Star / Evening Star

 

Engulfing Bullish / Engulfing Bearish

Inside Up / Inside Out

But that’s not all. Not even close.

In addition, the “Candlestick Patterns” indicator also detects the following reversal patterns:

Hammer / Shooting Star / Hanging Man

Piercing / Dark Cloud

Harami

Belt Hold

Kicker

Fakey / Hikake

Break-away / Line Strikes

Counter Gaps

Next…

Here’s just some Continuation patterns the “Candlestick Patterns” indicator can detect for you…

Rising Three / Falling Three (and similar patterns like Rising Four / Falling Four, Rising Five / Falling Five)

These are the best continuation patterns in our opinion. When these patterns show up, there’s a high probability that the current trend will continue.

Here’s another great example:

Marubozu

This Marubozu pattern shows that the sellers control the price. And just as it predicts, the downtrend continues quite strongly.

Other continuation patterns our indicator can detect includes: Windows, Tasuki Gap, Side by Side Gap.

Plus, the “Candlestick Patterns” indicator can also detect Exhaustion patterns…

Include: Deliberation and Advance Block / Descent Block. When these patterns appear, there’s a great chance that the current trend will end shortly. Here’s an example:

In this example, the formation of this Bearish Deliberation pattern signals that the previous uptrend was coming to an end. And just as the pattern predicts, a market reversal occurred shortly afterward, and a new downtrend started.

But it keeps getting better. Did you know that…

The “Candlestick Patterns” features a useful multi-timeframe dashboard that displays the latest candlestick pattern on every time frame

And don’t forget to check out other powerful features of the “Candlestick Patterns” indicators:

•   It does all the work for you: Scanning the markets 24/5 for the best, highest-probability candlestick patterns while you sit back and relax.
•   Improves your technical analysis skills almost immediately
•   Helps you identify profitable trade set-ups on ALL time frames with ease
•   Allows you to jump on established trends as soon as possible. So you can extract more profits out of any trend
•   And it also tells you when a trend is running out of steam. That way you can exit your trade for maximal profit before a market reversal occurs
•   The “Candlestick Patterns” indicator doesn’t repaint… ever!
•   It’s very stable and reliable, even in fast-moving markets.
•   Gives you audio, visual, and pop-up alerts whenever a new pattern appears.
•   You get UNLIMITED license for the Candlestick Patterns Indicator. So you can use it on unlimited accounts (demo or real) and unlimited PCs.
•   You can fully customize ALL parameters of the indicator — enable/disable any pattern you choose.
•   It is, in our opinion, the most complete candlestick pattern indicator ever developed…