MetaTrader 5 ‣ MT5 Indicators ‣ Custom_Pattern – indicator MetaTrader 5
Custom_Pattern - indicator for MetaTrader 5

Custom_Pattern – indicator MetaTrader 5

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The indicator searches for custom patterns specified in settings, and displays them on a chart. The pattern must be set as a text code, in which:

  • U is a bullish candlestick
  • D is a bearish candlestick
  • N is a candlestick of any type

For example:

  • If you write “UUD” in the indicator settings, the indicator will find and display all found “Bullish-Bullish-Bearish” candlestick patterns;
  • If you write “UUD” in the indicator settings, the indicator will find and display all found “Bullish-any-Bearish” candlestick patterns;

Patterns can only be specified using characters U, D and N or u, d and n.

The indicator can display specified patterns as well as mirror-mapped (reverse) ones.

It has two parameters:

  • Pattern (U – up, N – nothing, D – down) – pattern as a sequence of candlesticks;
  • Show reverse pattern – whether to display reverse patterns.
Alternative:   Breakout Martin Gale Expert Advisor for MT5 - EA MetaTrader 5

Fig.1 Pattern “UND” (Bullish-any-Bearish).

Fig.2 Pattern “UUD” (Bullish-Bullish-Bearish).

Fig.3 Pattern “UUD” (Bullish-Bullish-Bearish) with the display of reverse patterns enabled.


Custom_Pattern – indicator MetaTrader 5
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