The candlestick recognition master metaTrader 4 foreign exchange indicator observes the foreign exchange market for the most common bearish and bullish candlestick patterns. It demonstrate the following patterns: bullish hammer, the morning star, the morning doji, piercing borderline pattern and bearish enclosing pattern, the shooting star, the evening star, the evening doji star, the dark cloud arrangement and the bearish enclosing pattern.

This indicator can be utilized on all endorsed time frames and for all recommended currency patterns. Patterns created on higher time frame’s tend to be more sincere.

Exchanging Signals

For purchase: Observe for bullish candlestick arrangements.

For auction: Observe for bearish candlestick arrangements.

It is recommended to utilize this indicator in connection with others, for instance moving averages, oscillator and the trendlines.


  1. This forex indicator can be utilized on any currency pairs.
  2. It can be suitable on any recommended time frame.
  3. It can be utilized on any endorsed trading sessions.
  4. Colors, display pattern (true, false) and show alerts are the configurable options for this forex indicator.

The EUR/USD 5 Minute Instance Chart

Danger-SignUtilize this forex Indicator at your own risk. cannot be responsible for any losses associated with utilizing any forex indicator presented on the site. It’s not recommended to utilize this indicator on the real account without testing it on demo first.



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Mike N
Mike N

Financial Trading Systems Design Expert

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