Tag: candlestick indicators


Breakout Bars Trend Indicator

Breakout Bars Trend Indicator MT5

The Breakout Bars Trend Indicator for MT5 simply colorizes candlesticks directly on the chart in order to provide market trend-momentum with a quick glance. This is a great way to reduce clutter in your technical analysis and improve confidence of the trading decisions. You can consider it as an alternative to moving averages that help […]

Pattern Recognition Indicator

Pattern Recognition Indicator MT5

The Pattern Recognition Indicator for MT5 is forex tool designed to detect and display candlestick patterns on your charts as soon as they emerge. This indicator is specifically developed to automatically identify and highlight candlestick patterns in real-time on your trading charts. Free download is available. When it’s activated, your chart should look more less […]

JF Engulfing Candle Indicator MT5

JF Engulfing Candle Indicator for MT5

Introduction to the JF Engulfing Candle Indicator The JF Engulfing Candle Indicator is an accurate tool for spotting engulfing patterns on charts. Very often, when an engulfing candle appears, it is a sign of a trend reversal, which you can take advantage of. The gauge displays buy/sell arrows when a signal happens. The JF Engulfing […]

Trix Candles with Keltner Channel Indicator

Trix Candles with Keltner Channel Indicator for MT5

Introduction to the Trix Candles with Keltner Channel Indicator The Trix Candles with Keltner Channel Indicator is, as the name suggests, a combination of Trix Candles and Keltner Channel. It uses the 4 Trix (Triple Exponential Moving Averages Oscillator) with values of open, close, high, and low to construct candles of this indicator. That forex […]

RoNz Price MA Candle Forex Indicator MT4 Free Download

RoNz Price MA Candle Forex Indicator for MT4

Introduction to the RoNz Price MA Candle Forex Indicator The RoNz Price MA Candle Forex Indicator uses Moving Average to colorize candlesticks according to MA direction. White candles indicate bullish MA, and red candles reflect bearish MA. That forex indicator should be rather used in conjunction with other technical analysis gauges, than a standalone trading […]

Wajdyss Ichimoku Candle Alert Indicator

Wajdyss Ichimoku Candle Alert Indicator for MT5

Introduction to the Wajdyss Ichimoku Candle Alert Indicator The Wajdyss Ichimoku Candle Alert Indicator uses Ichimoku Kinko Hyo to calculate its values. That indicator colorize candlesticks according to the trend-momentum – the blueish candles indicate bullish market momentum, and the redish candles reflect bearish market momentum. The Wajdyss Ichimoku Candle Alert Indicator fits all kinds […]

Engulfing Candle Indicator MT4

Engulfing Candle Indicator for MT4

Introduction to the Engulfing Candle Indicator The Engulfing Candle Indicator is a forex technical analysis tool that comes in handy when you need engulfing bars recognized automatically. It simply relieves the hassle of looking for engulfing candlesticks and picking them manually. There are two types of engulfing patterns – the bullish and bearish engulfing. That […]

CAM Indicator for Trends and Counter Trends

CAM Indicator for Trends and Counter Trends for MT4

Introduction to the CAM Indicator for Trends and Counter Trends The CAM Indicator for Trends and Counter Trends overlaps colorful candlestick on the main trading chart. Green bars represent a bullish trend, red bars represent a bearish trend, blue and yellow bars shows trend change or market indecision. It fits all kinds of timeframes and […]

Profitunity Bars Indicator

Profitunity Bars Indicator for MT4

Introduction to the Profitunity Bars Indicator The Profitunity Bars indicator uses a custom formula to calculate trend momentum for each candlestick and colorizes these bars accordingly. When the candlesticks are colored green, it means that the current short time period trend is bullish. Similarly, when the candlesticks are colored red, it means that the current […]

Candle Difference Indicator

Candle Difference Indicator for MT4

Introduction to the Candle Difference Indicator The Candle Difference indicator displays the change in price as a percentage relative to the open price of the current candle. It can display up to 8 pairs on the chart. It fits all kinds of timeframes and currency pairs. The indicator is displayed directly on the main trading […]