ExCandles-v2 indicator shows candlesticks combinations on a chart using the arrows. This indicator is the enhanced version of ExCandles.
Indicator input parameters:
ExPeriod – the number of bars used for a trend filtration;
TrendFilter – filter operation on/off;
how_bars – number of the bars, at which the calculation is performed (all bars in case of 0).
UpSymbol – the index of the symbol pointing to an uptrend;
DnSymbol – the index of the symbol pointing to a downtrend;
VertShift – vertical shift of symbols from the candlesticks in points.
Supported candlestick patterns:
Shooting star
Inverted hammer
Hanging man
Hammer
Bearish Engulfing
Bullish Engulfing
Dark Cloud Cover
Piercing Line
Evening Star
Morning Star
Evening Doji Star
Morning Doji Star
In case someone wonders why almost all combinations are set as Bullish and Bearish Engulfing, I can say that this combinations are the most common ones, there is no any mistake here.
MetaCOT 2 CFTC ToolBox (Set of Indicators) MT4 -… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
