This indicator was developed to find various candlestick patterns on the Metatrader 4 charts in real-time in order to help traders easily identify Forex reversal patterns, trend following patterns, and more.
Patterns included are: bearish/bullish engulfing, three outside down, dark cloud cover, three outside up, three inside up, piercing line, three white soldiers, doji, stars, harami, hangman, shooting star and hammer pattern.
Works for all currency pairs and time frame’s.
EUR/USD 4 Hour Chart Example
How to install the Pattern Recognition Master custom indicator in Metatrader 4?
- Download the Pattern Recognition Master.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.