Price Action Dashboard pattern indicator: the three strongest patterns

Price Action Dashboard Pattern Indicator is able to automate the process of finding figures on the chart and Price Action patterns.

Price Action Dashboard determines the three most popular, and therefore the strongest patterns:

• Pin bar pattern;
• Double Bar Setup;
• The candlestick pattern of absorption (or Vertical bar).

When one of the three patterns is detected, the indicator displays a text and audio alert.

Price Action Dashboard indicator settings

• Symbols - is a list of symbols of currency pairs, by which the search of the necessary patterns is carried out. Optionally, you can add any other pairs traded, not necessarily currencies (commodities, stocks).
• M1 - MN Timeframe Enabled - timeframesThe time periods on which the search of setups will be carried out. You can turn off the timeframes, on which you do not want to check (most likely it will be from M1 to M30, for beginners it is recommended to turn off all, except the higher timeframes).
• Sort by and Sort Type - sorting parameters in the info panel table.
• Max Body Tail Ratio - maximum body-to-tail ratio.

After making and confirming all settings of the Price Action Dashboard indicator, a table (or infopanel) appears on the chart with the following fields:

• Symbols of currency pairs;
• Timeframes for each of them;
• The direction of price movement;
• The name of the candlestick pattern that forms;
• The age of the pattern, that is, how many bars ago it was formed;
• The price at which the formation of a candlestick pattern was completed;
• The last column is the buttons of the corresponding charts, where the specified sets are formed (if you click, you can quickly go to the desired chart and see clearly how this or that pattern was formed).

For those who like to trade using Price Action, Price Action Dashboard pattern indicator - is a real godsend, because the trader has only to determine the correct market trend, draw support and resistance levels on the chart, wait for the formation of the pattern, and if there is such, make a decision to enter the trade.

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