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LED Candlestick Metatrader 4 Indicator

    The LED indicator for MT4 draws bullish engulfing, bearish engulfing, Hammers and Dark Cloud candlestick patterns on any chart for all currency pairs.

    Please remember to use candlestick patterns in combination with other technical tools in order to built a complete working FX trading solution.

    Trading Signals

    BUY: Wait for a bullish candlestick (red dot color)
    SELL: Wait for a bearish candlestick (green dot color)
    Neutral: Gray Dot (use in combination with other candlestick patterns)

    Use the LED indicator in conjunction with trend-and trend reversal analysis tools (trend lines, Moving Averages, chart patterns, pivot points…).


    Download the LED Candlestick.mq4 indicator.

    Configurable Indicator Options


    EUR/USD 4 Hour Chart Example


    How to install the LED Candlestick custom indicator in Metatrader 4?

    • Download the LED Candlestick.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.