Candlestick-Pattern-Scanner
Unverified Other strategy on Forex by Narfinsel. BotFinder score 18 out of 100.
CandlestickPatternScanner is a utility class that helps Expert Advisors and trading bots to efficiently detect reversal
Source: github
BotFinder analysis pending.
Candlestick-Pattern-Scanner
Candlestick-Pattern-Scanner The Candlestick Pattern Scanner is a utility class that helps Expert Advisors and trading bots to efficiently detect reversal candle patterns. These special patterns can be used as potential indications of trend-reversals, especially in conjunction with other events, indicators and signals. 1. Intro Motivation Many online traders preffer to automate their trading strategies, but they don't have good, reliable scripts, to help confidently detect candle-stick pattern like stars, engulfings and consolidation. I struggled with this alot and decided to make things easier for myself and other traders, by programming in and sharing this MQL5 Metatrader script. Problem One of the biggest problems in trading with EAs (Expert Advisors/ trading bots) is finding reliable signals that can actually be used in code. There are many scripts in the marketplace that do visually idendify patterns on the chart, by drawing visual aids. But very few (if any) convert these candle-patterns into usable, code-ready objects, that can easily be incorporated as part of the internal mak
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