present
Sign up and get $50 off your first purchase
Trading product for LT_Ind_Candles Indicator Forex Signal, image 1
LT_Ind_Candles
Indicator
4 purchases
Version 1.0, Sep 2024
Windows, Mac
4.0
Reviews: 2
Trading product for LT_Ind_Candles Indicator Forex Signal, image 2
Trading product for LT_Ind_Candles Indicator Forex Signal, image 3
Trading product for LT_Ind_Candles Indicator Forex Signal, image 4
Trading product for LT_Ind_Candles Indicator Forex Signal, image 5
Trading product for LT_Ind_Candles Indicator Forex Signal, image 6
Since 25/09/2024
38
Sales

Description

Note: Tested on cTrader Windows only.

Single Candle Patterns:

  • Doji
  • Hammer
  • Shooting Star

2 Candles Patterns:

  • Engulf
  • DarkCloud
  • Piercing
  • Harami

3 Candles Patterns:

  • Morning Stars
  • Eveving Stars

Marubozu:

If selected, size of big body candles are annotated. Read the setting descriptions for size.


Settings:

(Updated 07 Oct 2025:

  • Use Atr (14 periods, simple moving average) instead of MedianBarBody
  • Added settings for DarkCloud (and Piercing), Harami, Engulf factors

)

  • MaxDojiSize: The maximum ratio between Bar Body over Bar Range to consider a Doji (default 0.1).
  • Marubozu Factor: The BarBody of current bar must > MarubozuFactor * Atr to be considered a big candle (Marubozu). We do not care the wick here.
  • Use Range For Marubozu: Use BarRange (High - Low) instead of BarBody (Open - Close).MathAbs() when check for Marubozu.
  • Patterns: put patterns you want to detect, separated by comma. Accepted values are: Doji,Hammer,ShootingStar,Engulf,DarkCloud,Piercing,Harami,Star,Marubozu. Note that if choose "Star", both Morning Stars and Evening Stars will be detected.
  • Show Retrace Fibo: A helper Fibo levels to help you control risk. When there are 2 consecutive Higher High and Higher Low candles, specified Fibo levels calculated from that 2 candles are plotted. You can hold your entry until price reach the levels to control risk. Levels are settable. The opposite side are same (Lower High and Lower Low).
  • Min Percent Change: The 2 candles that used for Fibo levels must form a change in price > this percent.
  • Fibo Levels: put your levels separated by comma.
  • Color: color of the candle annotation.


Summary

AI summary
LT_Ind_Candles is a technical indicator designed to detect and annotate common candlestick patterns on trading charts. It identifies single-candle patterns such as Doji, Hammer, and Shooting Star; two-candle patterns including Engulf, DarkCloud, Piercing, and Harami; and three-candle patterns like Morning Stars and Evening Stars. Additionally, it can highlight Marubozu candles based on configurable size criteria using ATR or bar body measurements.

The indicator offers customizable settings to adjust pattern detection sensitivity, including maximum Doji size ratio, Marubozu factor, and options to use bar range or body for calculations. Users can specify which patterns to detect by listing them in the settings. A risk control feature plots Fibonacci retracement levels when two consecutive candles form higher highs and higher lows (or lower highs and lower lows), aiding in entry and exit decisions. These Fibonacci levels and minimum price change thresholds are configurable.

LT_Ind_Candles supports multiple markets such as Forex, indices, commodities, cryptocurrencies, and stocks. It is tested on the cTrader Windows platform. Candle annotations are color-customizable for clarity. This tool assists traders in visually recognizing key candlestick formations and managing risk through Fibonacci retracement guidance.
Indicator profile

Customer reviews

4.0
Reviews: 2
5
0 %
4
100 %
3
0 %
2
0 %
1
0 %
Customer reviews
October 11, 2024
ngl, trade control feels cleaner and that is enough to keep testing it. The danger is trusting it too quickly.
September 28, 2024

Discussion

FAQ

Forex
Signal
Indices
Commodities
Crypto
Stocks
ATR
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

More from this author

Indicator
Forex
Flexible Volume Profile, designed with performance in mind.
Indicator
ATR
Breakout
Detects swing highs/lows, structure, breakouts, trend lines, and fibs — great for price action trading.
Indicator
Prop
Forex
+4
Automatic Support/Resistance zones from swing points.
cBot
ATR
Auto-manages SL, TP, and position size to enforce risk discipline. Never enter a trade without a plan again.
Indicator
Prop
VWAP
+5
Multi-anchor VWAP indicator for cTrader. Plots two VWAP lines (red and blue) with selectable anchors.
Indicator
Prop
Forex
+4
Draws pivots (P, S/R, CPR) from selected anchors like H1–Month1, with optional mid-levels (PS1, S1S2, etc.)
Indicator
Forex
Detects valid Fair Value Gaps from strong 3-bar patterns. Keep drawing unfilled gaps until price fills them.
Indicator
Prop
Forex
+4
Personal trade tracker for a single symbol. Clear net profit summary — FreshNet, ManageNet, DayNet, WTDNet, MTDNet.

You may also like

Indicator
Prop
Forex
NEW - PNLs as % - daily, weekly, monthly, or yearly & Spread, Time To Close, PNL Alerts, custom Bid / Ask lines
Indicator
Forex
BTCUSD
+13
Multi-symbol Inside Bar Scanner with dashboard & breakout alerts
Indicator
ATR
Prop
+14
Optimize exits with Chandelier Exit! Visualize stop-loss points dynamically for improved trading precision and safety.
Indicator
ATR
RSI
+17
Turn data into precision trades with AlphaTrend Pro Max — advanced trend, signal & structure analysis in one.
Indicator
Signal
Breakout
+1
Bolliger Bands + Hamster-Coder™ Timeframe Decoupling
Indicator
Forex
BTCUSD
+10
6-stage IIR filter trend indicator with colored line segments, reversal signals, alerts, and entry arrows.
Indicator
Key Levels
Order Block
+5
Pixel-perfect trading zones in a click! Instantly draw, resize & color via hotkeys. Automate your charting routine
Indicator
ATR
Channel
Reversal Trap Probability Bands plots a dynamic volatility envelope around price & automatically detects "trap" reversal
Indicator
Prop
Forex
+4
This is an indicator that can alert you about trendlines, horizontal lines and vertical lines.
Indicator
RSI
Forex
+6
🚀 QQEX Trinity Indicator - The Ultimate Trading Filter 🚀
Indicator
MSS
Key Levels
+2
Fractal based market structure indicator that identifies HH, HL, LH, and LL pivot with confirmed, non-repainting fractal
Indicator
RSI
MACD
Unlock market insights with our Multi-Timeframe Market Levels indicator, enhancing your trading strategies effortlessly
Indicator
Forex
GBPUSD
+3
Support & resistance zones with measured hold rates and confidence intervals — evidence, not just lines on a chart.
Indicator
RSI
Forex
+6
What Constance Brown did with the RSI was to input a momentum calculation within the RSI itself. This the Composite RSI.
Indicator
Forex
Detects valid Fair Value Gaps from strong 3-bar patterns. Keep drawing unfilled gaps until price fills them.
Indicator
Supertrend-based channel for entries, trailing stops, and dynamic support/resistance zones.
Indicator
Indices
Custom ADX Indicator for precise trend analysis. المؤشر المخصص ADX لتحليل الاتجاه بدقة
Indicator
Forex
BTCUSD
+11
Visualize trends with Standard Deviation Channel! Display median, and add customizable upper/lower deviation channels.

Price

Since 25/09/2024
38
Sales