CANDLE PATTERN KICKED....IS A STRONG REVERSAL PATTERN AND IT CAN BE USES AS A SIGNAL CANDLE TO ENTER THE MARKET.
GREEN=BULLISH
RED =BEARISH

THE INDICATOR AS DEFAULT GIVES FEW SIGNALS for M1...BUT THE QUALITY IS STRONG.
ADJUSTING THE INPUTS TO GET MORE SIGNAL IS PERMITTED

This indicator works best at the stock market...as there are many gaps

Это для больших профессионалов. Тут любят стрелочки 1m - 1H.

andrei-1 wrote: Thu Dec 23, 2021 7:08 am

I assume this is a stock...nice
You may want to increase the gap height parameter to get in few and quality signal....the default settings of the indicator is for forex in M1

I HAD AN IDEA TO AUTO ADJUDT THE GAP HEIGHT ACCORDING TO ATR BUT IT SEEMED NOT CONSISTANT...

I would use this indicator for the following timeframes and the corresponding gap height in pips

M1 0.00010
M5 0.00020
M30 0.00030
H1 0.00040
H4 0.00050
D1 0.00060

There is logic and classics in this.

andrei-1 wrote: Thu Dec 23, 2021 9:35 am There is logic and classics in this.

WHAT INPUTS DID YOU USE FOR THE KICKED PARTERN INDICATOR ...I AM CURIOUS...CAUSE I DONT SEE MARADUZOS CANDLES AT all POSITIONS i and i+1

.

Added a message that appear at the top left corner of the window....+
added some comparisons...this comparison ensures that the candles are going to be the same type
for bull ,
lower_bodies_ratio<=
(close[ i]-open[ i]/open[i+1]-close[i+1])
<=upper_bodies_ratio

for bear ,
lower_bodies_ratio<=
(open[ i]-close[ i]/close[i+1]-open[i+1])
<=upper_bodies_ratio

this gives fewer signal but higher quality....by default it is turned on by bounds_bodies_ratio=true...may want to turn off