Utility · MT4

Candle Stick Price Action

by FlatrockITSolutions

This MetaTrader 4 utility serves as a visual aid for traders focusing on price action and candlestick patterns.

GitHub stars1
Forks0
Last update3 years ago28 Oct 2022
LicenceNone stated

Overview

Candle Stick Price Action displays the current bid price and utilizes on-chart labels to highlight specific technical formations, such as Doji candles, helping users recognize market setups. The tool operates by creating graphical objects in the upper corner of the terminal window for real-time monitoring. It does not feature automated trading capabilities, order management, or risk controls like stop losses. The repository lacks a detailed README and does not include user-configurable input parameters.

Details

Author

FlatrockITSolutions on GitHub

Type

Utility

Platform

MetaTrader 4 (MQL4)

Strategy

SMC / ICT / price action

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone FlatrockITSolutions/Candle-Stick-Price-Action from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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