Candlestick Pattern Scanner Dashboard MQ4 Indicator

The Candlestick Pattern Scanner Dashboard is a specialized tool designed for traders who rely on candlestick patterns to make informed decisions.

This dashboard enables real-time monitoring of various candlestick patterns across multiple currency pairs and time-frames, providing actionable insights at a glance.

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The inside bar is one of the most underrated yet powerful tools in a trader’s arsenal. With the right indicator, spotting this pattern becomes effortless—it highlights those moments when the market pauses just before a potential breakout.

What makes this setup appealing is its low-risk nature; the stop loss is usually tight, allowing traders to control risk while aiming for strong moves. Whether the market is rising or falling, the inside bar can be traded in both directions. Still, success often depends on reading the broader market context—price action plays a critical role in confirming whether it’s time to enter.

This setup is incredibly versatile. It can be used across various timeframes, from intraday charts to longer-term ones like daily or weekly.

Beginners can benefit from its simplicity, while seasoned traders often combine it with other strategies for more advanced setups.

For those who prefer automation, this indicator also supports algorithmic trading approaches. Regardless of experience level, learning how to read and react to this pattern can give traders a valuable edge in the market.

• Download “TraderVersity-InsideBarSystem” (Zip/RAR File).
• Copy the “TraderVersity-InsideBarSystem.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity-InsideBarSystem” trading system and strategy.
• You will see the “TraderVersity-InsideBarSystem” system is available on your Chart.

So here’s the key takeaway: don’t get tempted by every inside bar you see. Context is everything. Look for them in trending markets with real strength behind them — and steer clear of flat, sideways chop that can trap you in dead trades. When used with precision, the inside bar isn’t just a setup… it’s a launchpad.

And remember, we’re not just entering blindly — we’re doing it with the trend, at a moment when the market is already showing us it wants to go lower.

Let me make this super simple:

• ✔ Uptrend? Look for inside bar breakouts to BUY.
• ✔ Downtrend? Look for inside bar breakouts to SELL.

It’s literally like following a map — the market gives you the direction, and the inside bar tells you when to jump in.

So now you’ve got the full picture: you know how to identify the trend, how to wait patiently for the setup, and how to place your entry with precision using one of the most powerful candlestick patterns out there.
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So, what exactly is the Zig Zag Indicator?

It’s a tool designed to cut through market noise by minimizing the impact of random price movements. In other words, it helps you see the real trend beneath all the short-term fluctuations.

Now, here are the key takeaways:

1. First, the Zig Zag Indicator filters out the noise and reveals the true direction of price trends. It makes both upward and downward movements easier to spot.
2. Second, it’s most effective in markets that are strongly trending—either up or down.

Here’s how it works:

The indicator plots points on a chart only when price reversals exceed a specific percentage threshold that you set. Once those points are marked, it connects them with straight lines—creating a clear, visual structure that makes identifying trend shifts much simpler.

The Zig Zag Indicator is all about clarity. It’s designed to help you spot price trends more effectively by removing the random noise from short-term fluctuations. Here’s how it works: Zig Zag lines only appear when price moves between a swing high and a swing low by more than a predefined percentage—commonly set at 5%. By filtering out the smaller movements, this tool makes trend direction easier to see across any time frame.

Now, here’s where it gets really powerful:

The Zig Zag Indicator is often paired with, Price Action signals  and Elliott Wave Theory to pinpoint the exact placement of waves within a broader market cycle. Traders can fine-tune the percentage setting—like adjusting it from 5% to 4%—to see which level best defines the wave structure. Different stocks have different price behaviors, so optimizing this setting for each security is key to getting accurate signals.

But let’s be clear—the Zig Zag Indicator doesn’t predict the future.

Instead, it highlights potential support and resistance zones by marking swing highs and swing lows. And when the line shifts direction, it can uncover reversal patterns like double bottoms or head-and-shoulders formations. To strengthen those signals, traders often combine it with tools like the Relative Strength Index (RSI) or the Stochastic Oscillator—which help confirm whether a security is overbought or oversold right when the Zig Zag turns.

• Download “TraderVersity-ZigZag(MarketStructure)” (Zip/RAR File).
• Copy the “TraderVersity-ZigZag(MarketStructure)tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Metatrader Client.
• Select Chart and Timeframe where you want to test your forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity-ZigZag(MarketStructure)” trading system and strategy.
• You will see the “TraderVersity-ZigZag(MarketStructure)” system is available on your Chart.

Tip

A momentum investor might use the indicator to stay in a trade until the Zig Zag line confirms in the opposite direction.

For example, if the investor holds a long position, they would not sell until the Zig Zag line turns downward.

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Forex Trend Scanner THV Coral and Daily Weeky Open trading system is a trend following strategy based on the market trend and momentum.

• Time Frame:M30, H1 ,and H4
• Currency Pairs: EURUSD, GBPUSD, and USDJPY

• Daily and Weekly open
• KH trade monitor
• Signal Bars
• Coral indicator
• Heiken Ashi professional
• RSI with Support and resistance

• BUY when the price is above the daily and weekly open
• Trend Combo and trend Scanner blue color
• Heiken Ashi professional is blue color
• RSI is blue color

• SELL when the price is below the daily and weekly open
• Trend Combo and trend Scanner red color
• Heiken Ashi professional is red color
• RSI is red color

 

• Exit Position is discretionary with Rsik Reward Ratio 1:2 or 1:3
• Initial Stop Loss on the previous swing

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