Doji Candlestick Pattern Detection Indicator
A Doji candlestick will provide very important information on its own or together as part of signals from other candlestick formations. It forms when a security's open and close prices are equal. The length of the upper and lower shadows can vary and the resulting candlestick sometimes looks like a cross, inverted cross or a plus sign. The best formation is when the open and close prices are equal, but this is not necessary.
Engulfing Candlestick Pattern Detection Indicator
All Forex traders come across the Price Action at some point and this is not a mere chart analysis technique but the entire system for defining the possible future price movement direction. The Engulfing pattern is when the body and shadows of a bar completely engulf the body and shadows of the previous bar.
Hammer Candlestick Pattern Detection Indicator
In a nutshell, this hammer candlestick pattern detector indicator will inform the trader via various messaging options after the candle has formed, please note that this indicator is to be used to identify long trades only on price reversals and it will not provide signals for short trades.
Pin Bar Candlestick Pattern Detection Indicator
Pin bars are among the top choices for technical traders that follow price action signals with varying trading strategies for entry and exit.
Learn How To Trade Using Candlestick Patterns
We do not just provide traders with an indicator to download we also provide educational material to learn candlestick patterns.
What Kind of Alerts Are There?
This indicator has 4 different types of alerts to help the trader which is a simple pop-up message on your desktop to an Email, Telegram Bot and SMS text message. The last two provide instant messages so you get informed within seconds of the candle forming.
HOW TO CONFIGURE AND SET UP YOUR ALERTS
We provide full support and educational material to help you set up your email, telegram bot and SMS text message accounts so you can start receiving your alerts as soon as possible. There is also a free tool you can use to test that your settings are correct and to help you if you need it.
How To Install
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.
Join Telegram Community
You can join a Telegram community and chat with other traders to discuss, share and ask for help.