Market Structure Patterns MT4

This code is a custom indicator for MetaTrader 4 that identifies and draws bullish and bearish candlestick patterns on the chart. It was developed by the Forex Robot Easy Team and is available for download and use on their website forexroboteasy.com.

Features

• The indicator can be customized with the following settings:
  • Transparency of the zones (default is 50)
  • Color for bullish candlesticks (default is Green)
  • Color for bearish candlesticks (default is Red)
  • Option to fill candlesticks or use trend lines (default is true)
• The indicator automatically identifies and draws the patterns based on the current price data.
• The patterns are displayed as rectangular objects on the chart, with customizable colors, transparency, and fill options.

Usage

To use this indicator, follow these steps:

1. Install the indicator by copying the code into the MetaEditor and compiling it.
2. Attach the indicator to a chart in MetaTrader 4.
3. Customize the indicator settings as desired.
4. The indicator will automatically identify and draw the bullish and bearish candlestick patterns on the chart.
5. The patterns can be further customized by adjusting the color, transparency, and fill options.

Disclaimer

ForexRobotEasy is not the official developer of this product. This code is provided as a sample that can work as described in the product. For official development and support, please refer to the developer on MQL5.

For detailed reviews and trading results of this product, please visit forexroboteasy.com.