Forex Pattern Recognition Master V3 Indicator
Forex Pattern Recognition Master V3 Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around candlestick patterns. This copy is version 3. It draws arrows on the chart, can send alerts and marks candlestick patterns. It has 34 settings, for example Show Alert (default true), Display Shoot Star 2 (default true) and Show Shoot Star Alert 2 (default true). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v3 · Free
About Forex Pattern Recognition Master V3 Indicator
Forex Pattern Recognition Master V3 Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and marks candlestick patterns. It has 34 settings, such as Show alert, Display shoot star 2 and Show shoot star alert 2. MQL source code included.
Files in the download: installation manual.txt, Pattern_Recognition_Master_v3.ex4, Pattern_Recognition_Master_v3.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Show alert | true | Turn this alert on or off |
| Display shoot star 2 | true | |
| Show shoot star alert 2 | true | Turn this alert on or off |
| Display shoot star 3 | true | |
| Show shoot star alert 3 | true | Turn this alert on or off |
| Display shoot star 4 | true | |
| Show shoot star alert 4 | true | Turn this alert on or off |
| Color shoot star | Red | Colour on the chart |
| Display hammer 2 | true | |
| Show hammer alert 2 | true | Turn this alert on or off |
| Display hammer 3 | true | |
| Show hammer alert 3 | true | Turn this alert on or off |
| Display hammer 4 | true | |
| Show hammer alert 4 | true | Turn this alert on or off |
| Color hammer | Blue | Colour on the chart |
| Display doji | true | |
| Show doji alert | true | Turn this alert on or off |
| Color doji | Red | Colour on the chart |
| Display stars | true | |
| Show stars alert | true | Turn this alert on or off |
| Star body length | 5 | |
| Color star | Blue | Colour on the chart |
| Display dark cloud cover | true | |
| Show dark cc alert | true | Turn this alert on or off |
| Color dark cc | Red | Colour on the chart |
| Display piercing line | true | |
| Show piercing line alert | true | Turn this alert on or off |
| Color piercing line | Blue | Colour on the chart |
| Display bearish engulfing | true | |
| Show bearish engulfing alert | true | Turn this alert on or off |
| Color bearish engulfing | Red | Colour on the chart |
| Display bullish engulfing | false | |
| Show bullish engulfing alert | false | Turn this alert on or off |
| Color bullish engulfing | Blue | Colour on the chart |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · Alerts · Candlestick Patterns · MT4 Indicator · MQL4 Source Code