Candle Stick Data Identifier functions as an analytical utility rather than an automated trading robot, drawing vertical lines on the chart when specific patterns are detected based on the relative size of the candle body and wicks. The logic calculates the significance of candle components compared to a rolling average of recent price data. It lacks automated trade execution, stop loss controls, or lot sizing features, as it is primarily designed for visual identification and pattern recognition.
1Download the sourceUse "Download source (.zip)" above, or clone HloniTheCoder/Candle-Stick-Data from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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