Candlestick Pattern Indicator
Perfect tool for identifying candlestick patterns and an incredible trend reversal detector.
CATEGORIES: MT4, SIGNAL, INFORMATIONAL
Updated on: 19.11.2023
Price action is one of the most profitable trading strategies. This method involves observing the market behavior by interpreting the candlestick’s patterns. These patterns help to interpret market sentiment and predict future market reactions.
One or more candlesticks form a candlestick pattern. With numerous candlestick patterns, it is quite difficult for traders, especially beginner investors, to memorize all these patterns. Luckily, the Candlestick Pattern indicator for Mt4 free download does all the work for you.
The indicator can identify more than 30 candlestick patterns including the dark cloud cover, engulfing pattern, piercing line, three black crows, and harami. The best part is that the indicator specifies whether the indicator is bullish or bearish. You can use the indicator to trade any instruments, in any time frame. The indicator is suitable for professional and rookie traders trying to get a grasp of the candlestick patterns.