MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

francisfinley stimpy wrote: Mon Apr 08, 2024 9:25 am nice

have you got anything for

123
double top/bottom
triple top/bottom
reversal patterns

All in one indy?

1-2-3 Pattern
(on/off button)

You can change arrows to any WingDings font code.

Also check out "Flag_and_Pennant BT.mq4" at:
post1295538776.html#p1295538776

"Head and Shoulder.ex4" at:
post1295538877.html#p1295538877

1-2-3 Pattern BT.mq4 Downloaded 703 times 43.68 KiB

1-2-3 Pattern.mq4 Downloaded 455 times 26.57 KiB

These users thanked the author Banzai for the post (total 3):: REDntense, thomdel, SijjiN

dato896

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

267 by dato896

Hello guys where I can get head and shoulders or double top/bottom patterns MQL4 code for learning purposis? simple cods could be enough. thanks in advance!

BoJo199

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

268 by BoJo199

Hello,

it is nice to have found this awesome forum and I would like to exchange ideas.
I also have developped a few indicators and EAs myself.

Currently I am trying to find a indicator source code (new built from no older than 2022) that draws channel/breakout lines on the chart, especially for XAUUSD breakouts.

Do you know of any?

Thanks for any help
Bo

Firefox

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

269 by Firefox

BoJo199 wrote: Sun Nov 03, 2024 2:16 am
Currently I am trying to find a indicator source code (new built from no older than 2022) that draws channel/breakout lines on the chart, especially for XAUUSD breakouts.

Do you know of any?

There is one in the “something interesting please post here” thread,
somewhere between pages 1-50, can’t remember exactly

Boluwatife06

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

270 by Boluwatife06

At what level do we take profit sir? Do we wait for price to touch the "X" zone or area to close the trade ?

funchi wrote: Sun Oct 01, 2023 8:11 pm Head and Shoulders.

How to see

The bias of the trend is selected by the lower left button. Only one of them is displayed.

"Triangle" mark is a pre-notification. Head-and-shoulders are not yet confirmed.

"Arrow" marks a break of an important price. Entry timing.

An "X" mark indicates a price reversal. Exit timing.

We have verified this with the MT4 strategy tester, but have not yet verified it with real ticks.
Please let us know if there are any problems.

PS: Updated version with trend bias posted here: Heads and Shoulders indicator with trend bias.

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