Many of you know what role in technical analysis are candlestick patterns. This is the subject of a whole trading system based on candlestick patterns - Price Action. But to look for these figures on the chart is a very tedious and time-consuming process. So I'm offering you an Indicator that will do it for you. Candlestick Dashboard Indicator displays over 30 candlestick patterns (including reversal, continuation, trend exhaustion patterns - and single, double, and triple candlestick patterns; and others) in all major currency pairs (can be selected in the settings) and on all time frames. Moreover, the indicator will indicate by the arrow the expected price movement, if you are at a loss to remember.
Characteristics of Candlestick Dashboard
- Platform: Metatrader4
- Currency pairs: All currency pairs, indices, stocks, futures, and gold
- Trading Time: Around the clock
- Time Frame: Any
- Recommended broker: Alpari, Forex4you, RoboForex
How it works?
Candlestick Dashboard spends just a few seconds to find candle patterns and displays them all in the table below the chart. You do not need to run around a lot of chart s, you can scan simply by switching to the desired pair and the time frame in the table:
With just one look at the dashboard, you'll instantly know all the information you need to make a good trading decision. You'll instantly know which candlestick pattern appears on every time-frame (from 1-minute to monthly) and on every currency pair. Not only that, you'll also know the exact direction of that pattern - whether it's bullish or bearish. And you'll know exactly how long ago that particular pattern showed up.
As I said before, you can select the required currency pairs by simply entering them in the settings:
The video below shows that the table has 18 currency pairs:
You can sort the dashboard in any way you like - based on Symbol, Timeframe, Direction, Pattern, or Age...
Below are some examples of successful Candlestick Dashboard Indicator signals:
Evening Star / Evening Doji Star / Morning Star / Morning Doji Star
Three Black Crows / Three White Soldiers
Outside Up / Outside Down
Engulfing Bullish / Engulfing Bearish
Candlestick Dashboard is a very powerful indicator with great functionality. But do not use it alone. Be sure to supplement it with the necessary filters.
In the archive Candlestick_Dashboard.rar:
- Candlestick Dashboard template.tpl
Free Download Candlestick Dashboard