Candlestick indicator.
The advanced version of the candlestick indicator has more advanced functionality compared to previous versions, 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.
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.