The Hikkake Pattern Indicator for MT4 is a forex technical analysis indicator used for the identification of short-term trends and it’s available for free download. It’s based on the concept of “false breaks” which is typically used by reversal traders. Such an approach is particularly effective during sideways market conditions. Are you a fan of…
Tag: pattern indicators
Wedge Pattern Indicator MT4
Introduction to the Wedge Pattern Indicator The Wedge Pattern Indicator scans charts and automatically recognizes the Rising Wedge pattern and the Falling Wedge pattern. Generally speaking, the Wedge Pattern is a great breakout pattern and strong impulse usually take place after that. With the help of that gauge, you can benefit from it too. The…
JF Engulfing Candle Indicator 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…
Flag and Pennant Pattern Indicator MT4
Introduction to the Flag and Pennant Pattern Indicator The Flag and Pennant Pattern Indicator scans charts and automatically displays flag and pennants patterns. These are major trend continuation chart patterns. That gauge is an excellent choice for manual traders utilizing price action strategies. Most importantly, it’s a 100% no lag forex indicator! The Flag and…
ZUP V76 Forex Indicator MT4 Free Download
Introduction to the ZUP V76 Forex Indicator The ZUP V76 Forex Indicator is harmonic patterns recognition tool. It is capable of detecting the following patterns: Gartley, Bat, Butterfly, 3 Drives, AB=CD, and 5-0. I’m sure a forex trader that is familiar with harmonic pattern trading will find this indicator very useful. The ZUP V76 Forex…
Pattern Recognition Master Indicator
Introduction to the Pattern Recognition Master Indicator The Pattern Recognition Master indicator helps to identify candlestick patterns occurring on the live charts. It simply marks the candlesticks on the chart with the names of the corresponding patterns (like the Doji or Shooting Star) where applicable. In the top left corner of the chart, you will…
FX Candlestick Patterns Signal Indicator
Introduction to the FX Candlestick Patterns Signal Indicator The FX Candlestick Patterns Signal indicator scans for the Maribozu, Doji, Spinning Top, Hammer, and some other interesting candlestick patterns occurring on the activity chart. It also provides buy and sell signal alerts when any of those candlestick patterns become tradable. The FX Candlestick Patterns Signal indicator…
Pin Bar Buy Sell Indicator
Introduction to the Pin Bar Buy Sell Indicator The Pin Bar Buy Sell indicator recognizes pin bar candlesticks and when the signal is generated it marks the triggering candles with buy/sell arrows. The indicator is displayed directly on the main trading chart. It fits all kinds of timeframes and currency pairs. The default settings can…
Harmonic Pattern Scanner
Introduction to the Harmonic Pattern Scanner The Harmonic Pattern Scanner is a forex tool that detects and plots potential harmonic patterns directly on the charts. In the top right corner of your screen, you will notice a dashboard providing useful information like Stop Loss, Take Profit levels etc. You can also add that spread indicator…
Best Candlestick Pattern Indicator
The candlestick patterns are patterns that take place on the Japanese candlestick charts. The candlestick chart is a type of chart that changes color based on whether price closed higher or lower than the open price. In other words, the candlestick charts are a technical tool that gathers data for multiple time frames into single…