LED Candlestick Metatrader 4 Indicator
The LED indicator 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.
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…).
Configurable Indicator Options
EUR/USD 4 Hour Chart Example