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Old 03-22-2006, 12:33 PM
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Lightbulb Candel Sticks Indicator and Filters

Hi Guys

Realy Great Stuff you are presenting here. I wanted to share this indicator with you.

The Indicator is to show the candel sticks reversal patterns. I know that there is 2 or 3 indicators are doing the same as this one.

But what I added in this indicator is to recognize the full pattern not only the shap of the candell like the otheres did.

For Ex. For Hammer pattern it must have a 3 candells up befor the formation of the pattern itself so the indicator will never alert you for the pattern unless this condition is met.

The things that I need you to help me in is to slove this 2 problems I had.

1- I do not know how to show the comment above or under the arrow up or down.

2- I wanted to add a littel filter on this indicator by which I think it will be realy powerfull. is to code the Stochastics over bought and overslod inside the conditions for the alert.

So for Ex. it will never give you long alert till it has any of the long candel sticks reversal patterns plus the Stochastics under 25.

Please see if you can do something about these 2 problems

Here is the indicator
Attached Files
File Type: mq4 Candel Sticks.mq4 (7.7 KB, 2562 views)
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