Candlestick Pattern MT5

Candlestick Pattern MT5

Candlestick charts – this is one of the most powerful technical analysis tools available to traders. They are also among the most common. Most technical analysis programs use candlesticks as plot mode by default graphs. When used properly, Japanese candlesticks can advance to give a signal about the many other activities on the market. They can serve as a leading indicator of activity in the market.

patterns

  • Harami – Harami
  • Cross – Cross
  • Piercing Line – permeates Candle
  • Dark Cloud Cover – The veil of dark clouds
  • Engulfing – Absorption
  • Morning Star – Morning Star
  • Evening Star – Evening Star
  • Stomach – Pattern “Above The Stomach”
  • Thrusting – Push
  • Abandoned Baby – Abandoned Baby
  • Doji – Dodges
  • Spinning top – Spinner
  • Hammer – Hammer
  • Handing Man – gallows
  • Inverted Hammer – Inverted Hammer
  • Shooting Star – Shooting Star
  • Inside Bar – Indoor bar
  • Outside – Outside bar
  • Tweezers – Tweezers

Input parameters

  • Limit – limiting the number of bars for the calculation
  • AlertON – enable alerts
  • Sequence – turn on the patterns in the sequence of alerts
  • Bullish / Bearish / Neutral – change text color
  • Gap – change the position of the text

Candlestick Pattern MT5

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