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    cTrader Candlestick Indicator Collection


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    This is a collection of 4 popular candlestick pattern detection indicators for price action trading using cTrader, each one of these indicators will inform you via a popup message, email, or Telegram message when each of the candle patterns forms.
    (OS) Type: Windows Compatible
    Current version: 1.2.0
    Updated: Thursday, 16 May 2024
    Author: ClickAlgo Team

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    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, an 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.

     

    How To Install & Remove

    First, make sure you have the cTrader trading platform installed and then unzip the file and double-click on it to automatically install it onto the platform.

     

    Any Questions?

    If you have any questions or if there are any bugs, please first search our product help forum for the answer, if you cannot find it, post a new question.

     

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