MT5 / 026
Consecutive bullish and bearish candles
Overview
Consecutive bullish and bearish candles · MT5
Platform: MetaTrader 5 · Main chart
- Calculation period: the number of bars used by the indicator.
- Arrow display: size, distance or visibility of signal markers.
- Notification switch: controls alerts, popups or email. Email requires terminal configuration.
- Timing: countdown or advance-notification interval in seconds.
- Alert bar: 0 is the current bar; 1 is the previous closed bar.
1. Indicator in use
2. Parameter settings
| Parameter | Default | How to use |
|---|---|---|
| Consecutive candle count | Default7 | How to useCalculation period: the number of bars used by the indicator. |
| Arrow size | Default1 | How to useArrow display: size, distance or visibility of signal markers. |
| Arrow distance | Default1 | How to useArrow display: size, distance or visibility of signal markers. |
| Alert switch | DefaultEnabled | How to useNotification switch: controls alerts, popups or email. Email requires terminal configuration. |
| Normal (true) / advance (false) alert | DefaultEnabled | How to useNotification switch: controls alerts, popups or email. Email requires terminal configuration. |
| Advance notice seconds | Default15 | How to useTiming: countdown or advance-notification interval in seconds. |
| Show countdown | DefaultDisabled | How to useTiming: countdown or advance-notification interval in seconds. |
| Alert bar | Default0 | How to useAlert bar: 0 is the current bar; 1 is the previous closed bar. |
Installation and use
Place the indicator file in the terminal’s MQL4 / MQL5 → Indicators folder, refresh Navigator, then drag it onto a chart.
MT5 · Indicators
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Indicator file delivery with installation and usage guidance.
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