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Japanese Candlestick Patterns Indicator

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About the Japanese Candlestick Patterns indicator

Japanese Candlestick Patterns indicator recognizes 17 different Candle Patterns and opens an alert, sends an email or a push-notification to your phone as soon as a candle patterns forms.

List of Candlestick Pattern for this indicator

  1. Bullish/Bearish Engulfing
  2. Three White Solders / Three Black Crows
  3. Shooting Star / Hammer
  4. Hanging Man / Inverted Hammer
  5. Piercing Line / Dark Cloud Cover
  6. Three Outside Up / Down
  7. Three Inside Up / Down
  8. Bullish Harimi / Bearish Harimi
  9. Morning Star / Evening Star
  10. White Marubozu / Black Marubozu
  11. Rising Three / Falling Three
  12. Doji / Dragonfly Doji / Gravestone Doji
  13. Tweezer Bottom / Tweezer Top
  14. Bullish Three-Line Strike / Bearish Three-Line Strike
  15. Bullish Spinning Top / Bearish Spinning Top
  16. Bullish Squeeze Alert / Bearish Squeeze Alert
  17. Inside Bar
  18. Outside Bar
  19. Fakey With Pin Bar
  20. Fakey Without Pin Bar

If you have any questions or suggestions regarding the Japanese Candlestick Patterns Indicator, please use this topic.

Settings

Japanese-Candlestick-Patterns-indicator

(This screenshot is from version 1.02)

About the free version

You can use the free Japanese Candlestick Patterns Indicator on any account type. The free version also sends notifications but shows only 4 different patterns.

iCustom function (for developers)

Since the Japanese Candlestick Patterns indicator uses only one buffer, you first have to parse it to get the correct signals. Download the template to see how it works.

More about the Japanese Candlestick Patterns Indicator

  • You can install the Japanese Candlestick Patterns Indicator on limitless demo and live accounts.
  • The license of every Metatrader Indicator you download is time limited, but you can re-download newer versions any time in your purchase history.
  • MT4 Free v1.08
  • MT4 Full v1.08
  • Mar 21, 2017

  • Fixed: Piercing Line / Dark Cloud Cover pattern
  • Dez 5, 2016

  • Added: Outside Bar
  • Fixed: Inside bar
  • ,Tweak: Made Morning Star and Evening Star more sensitive
  • Nov 16, 2016

  • Added: Inside Bar
  • Added: Fakey With Pin Bar
  • Added: Fakey Without Pin Bar
  • Oct 28, 2016

  • Fixed: Shooting Star / Hammer
  • Fixed: Hanging Man / Inverted Hammer
  • Sep 27, 2016

  • Added: Bullish Spinning Top / Bearish Spinning Top
  • Added: Bullish Squeeze Alert / Bearish Squeeze Alert
  • Sep 17, 2016

  • Tweak: Optimized to use with the iCustom function
  • Sep 15, 2016

  • Added: Tweezer Bottom / Tweezer Top Pattern
  • Added: Bullish Three-Line Strike / Bearish Three-Line Strike Pattern
  • Sep 14, 2016

  • Added: ShowText and ShowRectangle variable
  • Fixed: Hammer and Inverted Hammer pattern
  • Tweak: Can now display more than one pattern per candle
  • Aug 22, 2016

  • Initial release of the MT4 version

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27 thoughts on “Japanese Candlestick Patterns Indicator”

  1. andy says:

    Hi, I’m interested in this indicator, what is the difference between the demo version and the full version? Can you explain me in detail?

    1. Yannick says:

      The demo version includes only 4 patterns.

  2. Bas says:

    Hello,
    How are u?
    I want to download the Japanese Candlestick Patterns without succes.

    When I download it, the map is empty.
    Why??

    Regards,
    Bas

    1. Yannick says:

      Have you installed it correctly in the MQL4/indicators folder?

  3. ruhail says:

    your indicator is very good but i feel you must give option abbreviation , because full name take very space.

    1. Yannick says:

      True, but you can easily resize the window to see the full name.

  4. ruhail says:

    Inside Bar
    Outside Bar
    Fakey With Pin Bar
    Fakey Without Pin Bar
    not showed in indicator list

    1. Yannick says:

      They are not displayed on the screenshot since it is an older screenshot. They also maybe not be included in the demo version. But they are in the full version for sure.

  5. ruhail says:

    hello,

    i am interested to get candlesticks pattern indicators it seems very interesting but i dont know about candlesticks formations how to trade ,, how you can help me to understand above formation names.

    1. Yannick says:

      I do not have a documentation about how to trade the different patterns. But I’m sure you’ll find a lot about that online.

  6. jovica says:

    dear Yannick
    Does it have this pattern on your Japanese Candlestick Patterns indicator?

    THREE LINE STRIKE

    1. Yannick says:

      Yes, this pattern is included.

  7. Greg Croot says:

    MAy I ask what patterns does the free version show?

    1. Yannick says:

      The Free Japanese Candlestick Patterns Indicator shows: Shooting Star / Hammer
      Hanging Man / Inverted Hammer
      Bullish Spinning Top / Bearish Spinning Top
      Three White Solders / Three Black Crows
      Bullish and Bearish Engulfing
      Bullish And Bearish Squeeze Alert

  8. Andrew says:

    Hi Yannick

    I would like to test out each candlestick individually, but currently its set to ‘True’ as default for all candles.
    It’s tedious to individually change all the ‘True’ to ‘False’.
    Could include two additional parameters to turn all to ‘True’ or ‘False’ so i could test them individually?
    Thanks.

    1. Yannick says:

      Unfortunately, this is not possible. But you can save and restore the settings to save time.

  9. Andrew says:

    Hi Yannick

    I downloaded the Demo Version, but found that certain candlesticks weren’t correct, like an inverted hammer should have been a shooting star and certain Engulfing candles was not identified.

    Is the Full version a more up to date version from the Demo?

    Please advice. Thank you ๐Ÿ™‚

    1. Yannick says:

      When have you download the demo version? I have fixed this on October 28. Please the new version and try it again.

    2. Yannick says:

      You can also use this topic to discuss changes.

  10. Andrew says:

    Hi Yannick

    Is it possible to come up with a PDF showing how each of these Candle Patterns work?

    Cheers

    1. Yannick says:

      If I have time I will make a description of all patterns. But for now you have to google them.

  11. greatness says:

    Yannick, after reading the above, I don’t get what is available in the paid version…
    …you only wrote about the free version…

    1. Yannick says:

      The full version does exactly the same as the free but it shows all patterns and not only 4 of them.

  12. koko says:

    very good

    1. Yannick says:

      Thanks ๐Ÿ™‚

  13. sakis ioannidis says:

    Very good work!

    1. Yannick says:

      Thanks ๐Ÿ™‚

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