indicator Pattern Options is designed to identify and visualize candlestick patterns on the price chart of the currency pair.
The Pattern Options indicator signs the found candlestick pattern and displays an up or down arrow, which characterizes the further price direction.
Having detected a candlestick pattern, the Pattern Options indicator gives an audible signal, which is duplicated by a text window.
According to ForTrader.org experts, to get more accurate signals, Pattern Options indicator should be used on the timeframes not lower than H4. The indicator will be in demand when analyzing the market situation and medium and long term trading.