All in One Candlestick Pattern Scanner MT5

Overview of the All in One Candlestick Pattern Scanner MT5

• Multi-timeframe and multi-symbol monitoring of candlestick patterns.
• Integrated with support and resistance levels for accurate signals.
• Designed for trading strategies across various asset classes, including Forex, commodities, and crypto.

Key Features

• Detection of 23 different candlestick patterns, such as Hammer, Shooting Star, and Engulfing.
• Alerts via push notifications for significant patterns detected in key price zones. 🔔
• Customizable parameters for scanning across different timeframes (e.g., M1, H1, D1).

Types of Candlestick Patterns

• Single-bar patterns:
  • Hammer (bullish)
  • Shooting Star (bearish)
• Multiple-bar patterns:
  • Engulfing patterns (bullish and bearish)
  • Morning Star (bullish)

Trading Strategy Integration

• Works seamlessly with expert advisors (EAs) using a lightweight bridge for pattern values.
• Identification of entry and exit points based on candlestick confirmations and Fibonacci levels.
• Alerts can be tailored to specific trading hours to optimize performance. ⏰

User-Friendly Interface

• Dashboard-based design allows real-time visualization of patterns across multiple pairs.
• Split screen functionality for monitoring several markets simultaneously.
• Easy enable/disable alerts settings for fine-tuning trading strategies.

Conclusion on the Effectiveness

• Highly rated for its reliability and ease of use, making it suitable for both beginner and experienced traders.
• The All in One Candlestick Pattern Scanner MT5 promises to streamline the identification of key market trends, enhancing the trading experience. 🚀