Home / Forex MetaTrader Trading Indicators / Candlestick Pattern Recognition MT4 Price Action Trading Indicator & Template

Candlestick Pattern Recognition MT4 Price Action Trading Indicator & Template


FREE DOWNLOAD Forex Candlestick Pattern Recognition MT4 Trading Indicator and Template – In technical analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some believe can predict a particular market movement.

The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern.

  • Best Time Frame: H4 or higher
  • Currency Pairs: Any

 

MetaTrader Trading Indicator
  • Candlestick Pattern Recognition
  • RSI

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • Candlestick Pattern Recognition: Blue color
  • RSI line: Above level 55 line

 

SELL Rules

  • Candlestick Pattern Recognition: Red color
  • RSI line: Below level 45 line

DOWNLOAD TRADING SYSTEM


READ  Forex THV3 Ichimoku Intraday Trading System

Leave a Reply

Your email address will not be published. Required fields are marked *