Candlestick indicator.

The advanced version of the candlestick indicator has more advanced functionality compared to previous versions,candlestick indicator which allows you to get the best results.

Candlestick indicator – detects and displays the names of detected combinations of candles, as well as the direction of trend movement on individual Forex time frames.

In the script settings there is a notification function; when the desired candle appears, it can simply be a sound signal or send a message to your email address.

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Download Candlestick indicator.

Having installed this tool on a chart with default settings, we will see the following picture - The names of the candles are displayed in yellow, depending on the direction of the trend there are arrows. Green is an ascending candle, red is a descending candle.

If you want to change existing settings, I will provide their explanation.

• Show strong reversal patterns — enable the display of significant reversal signals.

• Show weak reversal patterns — enable the display of weak reversal signals.

• Show continuation patterns—display candles that confirm the trend.

• Show Unclassified—use additional signals.

• View Bars – the number of bars participating in the analysis.

• Sound Alert - sound alarm when a new candle appears.

• Email Alert – sends a message by email.

• Sell Color—sell signal colors (set to red).

• Buy Color—colors of buy signals (green).

• Text Color—the color scheme of the text that the candlestick indicator uses.

A real gift for those who are interested in candlestick analysis, it allows you to determine the Forex trend , or rather the likelihood of its continuation or reversal.

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