Pattern indicators
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Figures Candle indicator is designed for searching and identifying candlestick analysis patterns. Figures Candle indicator finds the main candlestick patterns on the chart and signs their names. In this case, depending on the direction, an arrow will appear and each candlestick pattern will be marked with the corresponding color. It should be noted that the accuracy of candlestick patterns decreases with decreasing timeframe. Therefore, we recommend using the Figures Candle indicator on timeframes H4 and older. Download Figures Candle indicator Other pattern indicators
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The Hook Reversal indicator is developed by the user of forexsystemsru.com forum with the nickname Crossluck and is based on the search of internal bars, which are identified as the points of possible price reversal. The Hook Reversal indicator is discussed in this thread. What is a reversal on an inside bar? Criteria for a signal bar in an up trend: The bar must open near the maximum Closing must be near the minimum of the bar The bar must have a lower maximum and a higher minimum compared to the previous bar (i.e. the bar must not go out of the previous bar range) Criteria for a signal bar in a down trend: The opening must be near the minimum of the bar Closing must be near the maximum...
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The Engulfing indicator will be useful for traders whose trading is based on the use of candlestick analysis. The Engulfing indicator finds the "Takeover" candlestick patterns on the price chart and, depending on the nature of the pattern (bullish or bearish takeover), gives a signal to enter in the form of arrows of the corresponding color and direction. In addition, the Engulfing indicator has a system of sound and text alerts. The author of the indicator claims that the Engulfing indicator gives exact signals on all timeframes. However, the experts of fortrader.org think that the indicator should be used on higher timeframes, beginning with H4, because the older is the timeframe used, the more accurate will be the signals of candlestick patterns. Download the Engulfing Indicator Other...
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The ACB Inside Bar Arrow Pattern Indicator is a technical indicator that determines market entry points by means of the Price Action Inside Bar pattern. As you know, the Inside Bar pattern is an indication that the price is "exhausted" and is preparing for a breakout. The ACB Inside Bar Arrow Indicator identifies inside bars and indicates possible market entry points. In addition, the ACB Inside Bar indicator is equipped with an alert system for the detection of the Inside Bar pattern. The experts of the fortrader.org magazine pay attention that trading on the arrow indicator of the ACB Inside Bar patterns involves the use of pending orders, which are placed near the maximums and minimums of the pattern found by the indicator. Download ACB Inside Bar Arrow Pattern Indicator Other...
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ABC_RG_VV_zhig pattern indicator authored by forexsystemsru.com P123, is designed to recognize the following basic 5-wave patterns by zigzag vertices and shading: trend impulse 12345 or i-ii-iii-iv-v; Wolf wave 1w 2w 3w 4w 5w - 6w; triple with central triple = A-B(avs)-C; elementary triple ABC (3-wave pattern); diagonal abcde; divergent diagonal of several types, including divergent triangle; Horizontal triangles of several types (Gorizontal Inclined, Inclined Running, Inclined Skewed, Running Skewed), which are used as a bunch in combinations in place of wave B or 4th; as well as many modifications, which use up to 17 zigzag break points + up to 5 points to define...
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Flag and Pennant patterns indicator is designed to display Flag and Pennant patterns on the price chart of a currency pair. To find Flag and Pennant figures the linear regression principle is used. The flag figure is displayed by blue lines, the Pennant figure - by red lines. According to experts of fortrader.org magazine, Flag and Pennant patterns indicator can be used as an auxiliary one. You can use it in combination with the volume indicators for clearer identification of TA figures. Download Flag and Pennant patterns indicator Other pattern indicators
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Harmonic Patterns v 1.5 indicator is designed for traders who use Hartley harmonic patterns in trading. Harmonic Patterns v 1.5 indicator searches the price chart of a currency pair for the harmonic Hartley pattern "Bat" and displays on the price chart the elements of the pattern, as well as recommendations for market entry points, stop-loss and take-profit levels. According to ForTrader experts, the Harmonic Patterns indicator v 1.5 can be an excellent addition to any trading strategy that uses Hartley harmonic patterns. Download Harmonic Patterns v 1.5 Indicator Other Gartley Harmonic Patterns Indicators
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The Pattern Options indicator is designed to identify and visualize candlestick patterns on the price chart of a currency pair. The Pattern Options indicator signs the found candlestick pattern and displays an up or down arrow, which characterizes the further price direction. When the Pattern Options indicator detects a candlestick pattern, it gives an audible signal, which is duplicated by a text window. According to experts of ForTrader.org journal, to get more accurate signals, the Pattern Options indicator should be used on timeframes not less than Н4. The indicator will be in demand for the analysis of the market situation and for medium- and long-term trading. Download Pattern Options indicator Other pattern indicators
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Pinbar Detector indicator is designed to identify on the price chart of the currency pair Pinbar - one of the most common Pinbar patterns of Price Action trading tactics. Having detected a pin bar, Pinbar Detector indicator marks it with smiling faces, the color and location of which depend on the bullish or bearish nature of the pattern. Pinbar Detector indicator uses only price levels in its work and has a wide range of settings of pin bars detection and a system of alerts. According to experts of ForTrader.org, despite its apparent simplicity, the Pinbar Detector indicator will greatly simplify trading by Price Action tactics and can be used in any trading strategy. Download Pinbar Detector Indicator Other Pattern Indicators
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Price Action Pattern Indicators is a set of three indicators that find the most common Price Action patterns on all specified timeframes: Inside Bar Outside Bar Pin Bar When a Price Action pattern is found on a given timeframe, the square under this timeframe changes color from gray to green. The detected Price Action pattern is highlighted, an arrow is drawn above it and additionally the indicator gives a sound signal and a text window with a message. The Price Action trading tactic is especially popular among traders who prefer to trade without indication. According to experts of ForTrader.org magazine, indicators for determining the Price Action patterns will help to simplify the search of setups and make the trading more comfortable...
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The 3rdCandle signal indicator is based on the "Third Candle" pattern, which symbolizes a short-term change in market sentiment and allows you to enter the market in the direction of the resulting impulse. The 3rdCandle indicator displays signals to enter the market in the form of arrows of the corresponding color and direction. According to ForTrader.org experts, the 3rdCandle signal indicator should be used in combination with other indicators that will filter out false signals. Additionally, it is necessary to check the indicator for redrawing. Download 3rdCandle Signaling Indicator Other Signaling Indicators
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индикатор Kor Harmonics предназначен для определения на ценовом графике валютной пары гармонического паттерна «Бабочка Гартли». индикатор Kor Harmonics обладает большим количеством настроек, позволяющим трейдеру оптимизировать его показания согласно своим предпочтениям. Дополнительно в индикаторе реализован вывод дополнительного сигнального окна, в котором показаны найденные на графике элементы паттерна. Эксперты журнала ForTrader.org считают, что при правильной настройке и интерпретации индикатор Kor Harmonics будет полезен для трейдеров, практикующих торговлю по гармоническим паттернам Гартли. Скачать индикатор Kor Harmonics Другие индикаторы для определения свечных и гармонических паттернов
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CandleStick Pattern Indicator belongs to the category of informational and displays candlestick patterns on the price chart of a currency pair. The indicator works on any trading instrument available in the MetaTrader 4 platform. When identifying a candlestick pattern, the CandleStick Pattern Indicator displays its name on the chart, marks it with an arrow and alerts the trader with a sound signal. CandleStick Pattern Indicator settings Show strong reversal patterns - show strong reversal patterns. Show weak reversal patterns - show weak reversal patterns. Show continuation patterns - show trend continuation patterns. Show Unclassified - show additional patterns. View Bars - number of latest candlesticks, considered by the indicator. Sound Alert - to sound the sound signal when the...
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The i_DarkCloud_Piersing indicator is designed for scalping and is based on recognizing the reversal candlestick patterns "Dark Cloud Curtain" and "Cloud Gap". The sell signal is indicated with a red arrow, the buy signal - with a green one. The experts of ForTrader.org believe that the i_DarkCloud_Piersing indicator can be used in a scalping strategy after checking for refreshing. Download i_DarkCloud_Piersing Indicator Other Indicators for Scalping
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Stratman MiniChart V12 indicator is an informer that allows you to observe the configuration of candles on other timeframes without switching to them. The Stratman MiniChart V12 indicator displays fragments of candles from other timeframes on the price chart of the currency pair. It should be noted that the displayed chart fragments are not superimposed on the main chart, but are located in the free space, which facilitates their analysis. In the settings, you can change the number of candlesticks displayed, their color and the desired time intervals. According to experts of ForTrader.org, the Stratman MiniChart V12 indicator will be useful in strategies based on the candlestick analysis and involving work on several screens. Download Stratman MiniChart V12 Indicator You may also be interested in
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The PBF Scalper Show Me indicator is based on the fractal theory. The indicator shows local peaks, lows and tops on the price chart of a currency pair. By default, local peaks and troughs are shown with blue and yellow arrows, which corresponds to up and down fractals, while tops and bottoms are shown with blue and yellow circles. The PBF Scalper Show Me indicator is a handy tool to simplify visualization, which can be useful for traders who use fractal theory in their trading system. The positive side of the PBF Scalper Show Me indicator is the ability to customize the sensitivity of the display, the type of peaks and troughs, turning on and off two lines on the last peaks. The disadvantage of the indicator PBF Scalper...
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PZ ABCD Retracement indicator is designed for so-called harmonic traders. The indicator draws a harmonic pattern AB=CD on the price chart, which is quite an effective tool for finding peaks and troughs, as well as the basis for other harmonic patterns. On the trading chart, the PZ ABCD Retracement indicator is very similar to the popular ZigZag, and generally performs a similar role. Therefore, this filter will be of interest to many traders who successfully apply the trading strategy in practice. Download PZ ABCD Retracement indicator Articles about Harmonic Patterns Gartley's Harmonic Pattern "Three Movements" Gartley's Harmonic Pattern "Bat" Gartley's Harmonic Pattern "5-0" Gartley's Butterfly Pattern - Creation and Application
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CandRelation allows you to track the relationship between the different parts of a candlestick in dynamics. The blue line corresponds to the share of the body in the total length of the candlestick, the green line to the share of the upper shadow, and the red line to the share of the lower shadow in the analyzed candlestick. The main purpose of CandRelation indicator is to illustrate graphically the candlestick patterns using linear indicators. ForTrader.org comment: it is hard to say whether the proposed displaying of candlestick patterns by the CandRelation indicator is more convenient than the standard one. This is most likely a matter of personal taste. Therefore, it is impossible to recommend whether to use it or not. Download CandRelation indicator
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The Wolfwave_nen chart indicator visualizes the pattern known as "Wolf waves", which was popularized by Linda Raschke in the book "Secrets of the Exchange". This pattern is built on 5 points in the way shown in the picture. Point 1 and point 5 are connected to each other and allow you to draw a line where the expected target is located. The lines of the Wolfwave_nen indicator are implemented on the same principle as the Zigzag indicator and simplify the perception of the pattern. Comment of ForTrader.org: The Wolfwave_nen indicator is an excellent implementation of Linda Raschke's trading strategy, on the basis of which you can build a good graphical trading strategy. Download indicator Wolfwave_nen
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The i3Indians indicator builds the "Three Indians" pattern on the chart, described by Linda Raschke and Larry Connors in the book "Secrets of Trading". The pattern is built using a zigzag, which simplifies the perception of information to open a trade. You must change the ZigZag color value if you need it to start working. The signal of the indicator i3Indians and the pattern "Three Indians" - three rising tops with an unchanged horizontal "bottom" line. Entry, in the author's opinion, should be made after the breakdown of the "bottom" line, not when the 3 tops appear, as with Raschke. Comment from ForTrader.org: The i3Indians indicator is a ready-made trading strategy, but with the need to check the signals, just like in any other tactic. If you are in...
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