Attachments: MT4 candlestick indicator

MT4 candlestick indicator

#1
First Post: Feb 25, 2007 9:31am Feb 25, 2007 9:31am

aeu97137
| Joined Oct 2006 | Status: Trader | 71 Posts

Does anyone know of an MT4 indicator which identifes specific candlestick patterns? e.g. hanging man or doji stars, etc.

I'm just thinking that it would be useful for identifying prime set-ups (if combined with an alert) when you are looking at different charts / not at the computer.

Thanks
Jason

#2
Feb 25, 2007 10:41am Feb 25, 2007 10:41am

C.E.O.
| Joined Dec 2006 | Status: WTF! | 243 Posts

You can try this one

Attached File(s)

PriceAction AHA 0_2.ex4 60 KB | 27,411 downloads

#3
Feb 25, 2007 10:48am Feb 25, 2007 10:48am

highway
Joined Sep 2005 | Status: Trader | 1,352 Posts

Quoting aeu97137

Disliked

Does anyone know of an MT4 indicator which identifes specific candlestick patterns? e.g. hanging man or doji stars, etc.

I'm just thinking that it would be useful for identifying prime set-ups (if combined with an alert) when you are looking at different charts / not at the computer.

Thanks
Jason

Ignored

Try google candlestick pattern or candlestick identification DOT mq4

http://www.lightpatch.com/forex/_MT4_Experts/

And others too
Whole collection for you

#4
Feb 25, 2007 11:32am Feb 25, 2007 11:32am

aeu97137
| Joined Oct 2006 | Status: Trader | 71 Posts

Nice one, thanks Guys!

#5
Feb 25, 2007 11:50am Feb 25, 2007 11:50am

et_phonehome_2
| Joined May 2006 | Status: Trader | 809 Posts

CEO

Do you have a link which talks more about this indicator?

ET

#6
Feb 25, 2007 11:55am Feb 25, 2007 11:55am

hapalkos
Joined Feb 2005 | Status: Trader | 130 Posts

Quoting aeu97137

Disliked

Does anyone know of an MT4 indicator which identifes specific candlestick patterns? e.g. hanging man or doji stars, etc.

I'm just thinking that it would be useful for identifying prime set-ups (if combined with an alert) when you are looking at different charts / not at the computer.

Thanks
Jason

Ignored

Here is one that you can customize to your needs.

Attached File(s)

Pattern_Recognition.mq4 16 KB | 27,306 downloads

#7
Feb 25, 2007 11:59am Feb 25, 2007 11:59am

et_phonehome_2
| Joined May 2006 | Status: Trader | 809 Posts

In programming code, how can one identify whether a candle is bullish or bearish, that is, I don't care what candlestick type it is?

#8
Feb 25, 2007 12:04pm Feb 25, 2007 12:04pm

smjones
Joined Mar 2006 | Status: THANK YOU MERLIN,TWEE and FF Team | 4,603 Posts

Quoting et_phonehome_2

Disliked

In programming code, how can one identify whether a candle is bullish or bearish, that is, I don't care what candlestick type it is?

Ignored

Just test whether the current price is > or < the open.

bool Bullish;
Bullish = if Close > Open, True, False;

Here is a psuedo code.

#9
Feb 25, 2007 12:20pm Feb 25, 2007 12:20pm

hapalkos
Joined Feb 2005 | Status: Trader | 130 Posts

Quoting et_phonehome_2

Disliked

In programming code, how can one identify whether a candle is bullish or bearish, that is, I don't care what candlestick type it is?

Ignored

Maybe there is something of interest in this code. It displays up and down arrows based on candlestick patterns. It looks like it was intended for the pattern types to be printed to the screen. That does not seem to work but is probably easy to fix.

Attached File(s)

Candel Sticks.mq4 8 KB | 19,667 downloads

#10
Oct 19, 2009 11:14pm Oct 19, 2009 11:14pm

decidence
| Joined Sep 2009 | Status: Trader | 71 Posts

Has anyone found a candlestick pattern recognition indicator that has the higher probability patterns (3 candle patterns etc)?

#11
Oct 22, 2009 11:06am Oct 22, 2009 11:06am

xtfxtf
| Joined Apr 2008 | Status: Trader | 6 Posts

Quoting smjones

Disliked

Just test whether the current price is > or < the open.

bool Bullish;
Bullish = if Close > Open, True, False;

Here is a psuedo code.

Ignored

Not necessarily. If e.g there is a long wick downwards and the close lower than the open it would be bullish.

#12
Jan 16, 2014 5:14am Jan 16, 2014 5:14am

ForceFollowr
| Joined Jan 2014 | Status: Trader | 14 Posts

Here is a simple code to plot the candlesticks in the NinjaTrader or eSignal style. After you apply this indicator, change the settings in Properties (F8) Bar Up/Down, Bull/Bear Candle to None and the color scheme "... on White". You'll have the candles displayed the way I like the most with the shadows (wicks) black and candle bodies (themselves only) lime and red. The colors and widths are easily customizable.

Attached Image (click to enlarge)