Master Candle
Master Candle is an indicator for MetaTrader 4 from the Old Kings collection. It marks candlestick patterns. It has 4 settings, for example Min Engulf Candles (default 4), Top Line Color (default Green) and Bottom Line Color (default Maroon). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file 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 · v1.0 · Free
About Master Candle
Master Candle is an indicator for MetaTrader 4. It marks candlestick patterns. It has 4 settings, such as Min engulf candles, Top line color and Bottom line color. MQL source code included.
Files in the download: Master_Candle.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Min engulf candles | 4 | |
| Top line color | Green | Colour on the chart |
| Bottom line color | Maroon | Colour on the chart |
| Line width | 1 |
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: Candlestick Patterns · MT4 Indicator · MQL4 Source Code