JapCandle Indicator – RSI and candle patterns

JapCandle Indicator shows potential entry points. Based on the RSI indicator and consolidated candle combination. On the graph signals in form of arrows additionally are accompanied by text comments.

Characteristics of JapCandle Indicator
  • Platform: Metatrader4
  • Currency pairs: Any currency pairs (recommended Major)
  • Trading Time: Around the clock
  • Timeframe: Any
  • Recommended broker: Alpari
Trading rules by the JapCandle Indicator

Signals appear as arrows corresponding color with additional commentaries.

Example of Buy signal:


Example of Sell signal:


Of course, before the real trade JapCandle Indicator needs additional testing and selection of the optimal Stop Loss and Take Profit. Do not interfere with additional filters.

In the archive JapCandle_Indicator.rar:

  • JapCandle Indicator.ex4
  • JapCandle Indicator.mq4
  • JapCandle.tpl

Free Download JapCandle Indicator

5 Responses

  1. Lloyd Brown

    Hello first of all,
    Thanks for all these indicators. I have downloaded Japcandle and its giving me sell signals on the uptrend and buy on the downtrend. Please assist me.

  2. Y. V

    Hi, i have many japanese friends, hope you chage the name of ‘JapCandle’ . There still exit of such people. maybe spelled Japanese Chandle. mm

    Otherwise, you may not use Jap Cnadle….. sounds silly

  3. xiaobao ma

    Author Hello, I am from Chinese Ma Xiaobao, hope to meet you, there are some questions to ask you, if you saw it, please give me a reply my email is 872883735@QQ.com you can add my qq872883735 chat tools, and look forward to your friends!

  4. Duane

    Do you still have this indicator for download (Jap Candle)?

    • Daniel

      Yes, of course. Please download HERE

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