Re: Requests & Ideas (MT5)

738
rowlence wrote: Tue Oct 17, 2023 6:04 am Hello Sir and everyone
Is there an MT5 indicator for chart patterns like on the images attached? Please tag me or recommend any good one

I spotted those MW patterns yesterday and i took those trades on the images, that strategy really works on Deriv Synthetic Indices, please help
I'm really wondering why my mobile MT5 can't have custom external indicators. How did you manage to do this? Which version are you using? Could you teach me? I also really want to be able to load custom MT5 indicators on my phone. My phone runs on the Android system.

Re: Requests & Ideas (MT5)

739
Hey guys, I'm wondering if someone can make an mt5 indicator that shows the 123 reversal candle pattern, this is one of the favorites patterns from a renowned Brazilian trader called Stormer, the 123 pattern is a 3 candle formation used to spot bullish or bearish reversals, it forms a “V” or inverted “V” shape, for a buy signal, you need a candle that forms a low, then the next candle forms a lower low, but then the third candle forms a low that's higher than the second candle's lower, this pattern makes a V on the chart, the sell signal it's obviously the opposite from this:
There are 3 types of this pattern, the sell example with the red arrow is his favorite one: a directional candle, then a small candle (indecision), and then a directional candle in the opposite direction (with at least 70% the size of candle 1).