Price action is among the most popular trading concepts. Candlestick patterns are essential tools for every price action trader. A candlestick pattern is a one or sometimes multi-bar price action pattern shown graphically on a candlestick chart that price action traders use to predict.
Input Parameters
- On Alert – true/false (displays a message in a separate window).
- Patterns Reverse – true/false (allow displaying the backward candle patterns).
- Max Bar – numbers of bars.
Parameters in chart
- Candles Before – quantity of front candle patterns.
- Candles After – quantity of back candle patterns.
- Candles Distance Before – distance between bodies of front candle patterns.
- Candles Distance After – distance between bodies of back candle patterns.
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