In technical analysis, a candlestick pattern is a movement in prices shown graphically on a candlestick chart that some feel 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.
This is a collection of 4 very popular candlestick pattern detection indicators for price action trading using cTrader, each one of these indicators will inform you via a popup message, email, telegram bot and an SMS text message when each of the candle patterns forms.
The Doji candlestick is one of the most common candlestick reversal patterns you will find in the market and used together with our candlestick detection software it provides a powerful trading tool. The trader is alerted via a pop-up window, email, telegram bot or SMS text message.
This bullish & bearish engulfing candlestick pattern detection software provides a powerful trading tool for identifying trend reversals. The trader is alerted via a pop-up window, email, telegram bot or SMS text message when an engulfing candle has formed.
The Hammer candlestick pattern detecting software will automatically identify a bullish price reversal trade setup using price action and will inform the trader via a pop-up window, email, telegram bot or SMS text message. This pattern is one of the most popular technical indicators used in Forex trading. This is for bullish signals only
This special Pin Bar detector indicator is part of our complete cTrader candlestick pattern collection to help traders identify trade opportunities, Pin bars are among the top choices for technical traders that follow price action signals with varying trading strategies for entry and exit.
This tool has been developed to help customers who use the cTrader trading platform test their Email, Telegram bot and SMS settings to make sure they are working correctly for trade alerts sent by the platform or a custom indicator, automated trading system or Add-On application. Many of our products core messaging features use these three types of instant alerts, so we mainly created it for our own customers to make their life easier.
We offer to configure your Telegram, Email or SMS accounts to generate the correct credentials to receive instant message alerts in your automated trading systems or custom indicators. We currently provide full documentation and video tutorials to help customers configure their accounts, but this service is for those who either do not have the time or find it too complex.