Forex Candlestick Pattern Indicator v1.5 (Metatrader 4)(Enjoy Free BONUS CHAOS TRADER)
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- NEW v1.5 version available-
If someone told you they had uncovered a 300 year old secret that had the potential to bring great wealth, would you listen?
Candlestick charts are said to have been developed in the 18th century by legendary Japanese rice trader Homma Munehisa. The charts gave Homma and others an overview of open, high, low, and close market prices over a certain period. This style of charting is very popular due to the level of ease in reading and understanding the graphs.
Since the 17th century, there has been a lot of effort to relate chart patterns to the ldata points instead of one. The Japanese rice traders also found that the resulting charts would provide a fairly reliable tool to predict future demand.
- You DON'T need to memorize this patterns
- With our CPI MT4 indicator patterns will be automatically shown to you on any chart
- CPI indicates a higher chance of pric
es moving in arrow direction
- Our CPI indicator will print a colored arrow so that is easy to see if pattern signal is bullish(buy) or bearish(sell)
- Our CPI indicator recognize 25+ candlesticks patters. Strong Reversal patterns, Weak Reversal patters, Continuation of a trend patterns! -NEW - With v1.5 you can now choose what patterns you want to see on chart! So no need to memorize which is strong, weak or continuation pattern anymore.
- CPI indicator DOES NOT repaint! Once candle closes forming a pattern arrow NEVER disappear!
NOTE: This is not trading system! This is candlestick pattern indicator, one can choose to trade with arrows or not ,it's best to use them as confirmation signals for your trading strategy. It only indicates a higher chance of prices moving in arrow direction
near significant support/resistance levels. If you see a reversal pattern in the middle of a ranging market,
it’s not an indication of anything!
Learn To Find The Best Trades The Market Has To Offer!
Remember that candlesticks never lie. Don't listen to people who tell you the market is
bearish when the candlesticks are telling you exactly the opposite. Opinions can be
wrong, but candlesticks are always right. Pay attention to what the candlesticks are
telling you, and you can’t go wrong
- Powerful MT4 Candlestick Pattern Indicator (CPI)
- NEW! Daily Pivots indicator
- 15+ Coaching videos explaining candlestick charting for new traders
Q: What patterns does CPI indicator recognize?
A: CPI indicator recognize following patterns:
Hammer
Hangman
Engulfing
Morning Star
Evening Star
Dark Cloud
Piercing
Shooting Star
Invert Hammer
Harami
Tweezer Tops
Tweezer Bottoms
Belt Hold Line
Upside Gap Two Crows
Three Crows
Mat Hold Pattern
Counterattack Lines
Separating Lines
Gravestone Doji
Longleg Doji
Bear Doji
Bull Doji
Tasuki Gaps
Side Side White
Three Methods
Unique 3 River Bottom
High Price Gap Play
Low Price Gap Play
Three White Soldiers
Advance Block
Stalled Pattern
Doji Engulfing
Invert Hammer Confirmed
Upside Gap Three Methods
Downside Gap Three Method
Three Line Strike
In-On Neck Trusting
Q: WOW! Is this holy grail indicator!?! So I open trades when arrows appear, if arrow is green I BUY if arrow is red I SELL?
A: NO! CPI indicator prints an arrow pointing on candle which formed an candlestick pattern. Pattern is either bullish or bearish and
it just indicates a higher chance of prices moving in direction of an arrow!
Q: So how can I trade with this indicator?
A: Use it as confirmation, for example use it as reversal confirmation(strong reversal patterns) near major support/resistance areas, bollinger Bands , pivot lines etc.
Q: Does indicator work on any time frame?
A: Yes! Time frame doesn't matter, if candlestick patterns form CPI will show you.
Q: Does it have Alert sound or/and E-Mail alert when pattern is formed?
A: Yes!
Q: Can I change arrow colors and size?
A: Yes!
Chaos Trader Lite
Chaos Trader Lite attempts to use aspects of chaos theory to place trades in the marketplace. This Expert Advisor, in particular, draws upon theories made by Bill Williams. Every version of MetaTrader contains the Bill Williams indicators. I wondered why was he deemed so important as to have his own set of indicators added to MetaTrader with name attribution. Conducting research I found that Bill Williams wrote a book using chaos theory to trade the markets. The Bill Williams indicators are useful when trading using chaos theory.
The EA locates bearish and bullish divergence and initiates a trade at the possible beginning of a trend change, this is the first wise man. Next, it will attempt to add positions if the trade is going in the correct direction based upon the Awesome oscillator, when the Awesome indicator repeats three up bars for buys-stops or three down bars for sell-stops, this is the second wise man.
The third wise man is based on fractals. When a fractal is formed, a buy stop goes above it if it is a buy fractal and vice versa. Supposedly, during a trend there are moments where the trend stops for a moment and then recovers, this is designed to have you add to your positions at those recovery moments. Suggest adding fractal indicator along with Alligator indicator.
If at any time it gets a notice that it is trading in the wrong direction, it will close all the trades in the wrong direction and open one up in the direction it believes to be correct. The Expert Advisor has six parameters.
- magnitude = 10 - pips of distance you want to be from the mouth of the Alligator.
- UseFirstWiseMan - if you want to take first wise man trades.
- UseSecondWiseMan - if you want to take the second wise man trades.
- UseThirdWiseMan - if you want to take the third wise man trades.
- lotSize - size of the lots you want to trade with.
- magic - unique identifier for this EA.
"The market is a creature of chaos—A far from equilibrium soup simmering on the uneven flame of trader psychology."
Gregory-Williams, Justine. Trading Chaos: Maximize Profits with Proven Technical Techniques (A Marketplace Book) (Kindle Locations 591-592). Wiley. Kindle Edition.
Completing units:
Forex Candlestick Pattern Indicator v1.5 (Metatrader 4) plus bonus
CHAOS TRADER
Market Sales Price: $297
you can refer here as download option HOW TO DOWNLOAD THE PRODUCT
Serving Professional Traders Since 2008
Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files
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