VegaXLR - Candlestick Patterns Alerts
Indicator
13 purchases
Version 1.0, Feb 2025
Windows, Mac
5.0
Reviews: 3
Trading product for VegaXLR - Candlestick Patterns Alerts Indicator Forex, image 2
232
Sales
706
Free installs

Description

Candlestick Patterns Alerts for cTrader

The Candlestick Patterns Alerts indicator is a powerful and intuitive tool designed to help traders identify key candlestick patterns in real-time. With automated recognition of 34 different candlestick patterns, this indicator streamlines technical analysis and enhances trading decisions.

Key Features:

โœ… Real-Time Candlestick Pattern Detection โ€“ Instantly identifies 34 different candlestick patterns, including doji, engulfing, hammer, star, marubozu, harami, and more.
โœ… Adjustable Detection Sensitivity โ€“ Choose from five levels of strictness, from strict to lenient, to match your trading style.
โœ… Trend Detection Option โ€“ Decide whether to consider or ignore the market trend when identifying patterns.
โœ… Customizable Colors โ€“ Assign different colors for bullish, bearish, and neutral patterns for better visual clarity.
โœ… Abbreviated Pattern Names โ€“ Enable abbreviated names to improve chart visibility without clutter.
โœ… On-Chart Pattern List โ€“ A real-time, customizable list displaying the detected pattern abbreviations for quick reference.
โœ… Advanced Alert System โ€“ Get notified of pattern formations with sound alerts, pop-up notifications, Telegram messages, and email alerts.
โœ… "Stop All Alerts" Function โ€“ Disable all alerts instantly with a single parameter.
โœ… No Elevated Access Required โ€“ The indicator now runs without elevated access rights, making installation and use more seamless.
โœ… Built-in User Guide โ€“ A detailed user guide is now included within the indicator and can be accessed directly from a small button on the chart.



Candlestick Patterns Detected:

๐Ÿ“Œ Doji Patterns: Four-Price Doji, Standard Doji, Long-Legged Doji, Dragonfly Doji, Gravestone Doji
๐Ÿ“Œ Reversal Patterns: Hammer, Shooting Star, Inverted Hammer, Hanging Man
๐Ÿ“Œ Engulfing & Cloud Cover: Bullish Engulfing, Bearish Engulfing, Piercing Pattern, Dark Cloud Cover
๐Ÿ“Œ Star Patterns: Morning Star, Evening Star
๐Ÿ“Œ Soldiers & Crows: Three White Soldiers, Three Black Crows
๐Ÿ“Œ Marubozu Patterns: White Marubozu, Black Marubozu
๐Ÿ“Œ Inside & Outside Patterns: Three Inside Up, Three Inside Down, Three Outside Up, Three Outside Down
๐Ÿ“Œ Harami Patterns: Bullish Harami, Bearish Harami
๐Ÿ“Œ Tweezer Patterns: Tweezer Top, Tweezer Bottom
๐Ÿ“Œ Other Patterns: Spinning Top, Rising Three Methods, Falling Three Methods, Rising Window, Falling Window, Bullish on Neck, Bearish on Neck

With its real-time detection, customizable settings, and built-in alerts, this indicator ensures traders never miss key price action signals. No more manual pattern searchingโ€”let the Candlestick Patterns Alerts indicator do the work for you!

Summary

AI summary
VegaXLR - Candlestick Patterns Alerts is an indicator for the cTrader platform that provides real-time detection of 34 distinct candlestick patterns, including doji, engulfing, hammer, star, marubozu, and harami. It automates the identification of key price action signals to support technical analysis and trading decisions.
Key functionalities include adjustable detection sensitivity with five strictness levels, an option to consider or ignore market trends during pattern recognition, and customizable colors for bullish, bearish, and neutral patterns to enhance chart clarity. The indicator offers abbreviated pattern names to reduce chart clutter and displays a real-time, customizable on-chart list of detected pattern abbreviations for quick reference.
An advanced alert system notifies users of pattern formations through sound alerts, pop-up notifications, Telegram messages, and email alerts. A "Stop All Alerts" feature allows instant disabling of all alerts. The indicator operates without requiring elevated access rights, simplifying installation and use. A built-in detailed user guide is accessible directly from the chart.
Detected candlestick patterns cover a wide range, including various doji types, reversal patterns (hammer, shooting star), engulfing and cloud cover patterns, star patterns, soldiers and crows, marubozu, inside and outside patterns, harami, tweezer patterns, and others like spinning top and rising/falling methods.
Indicator profile

Customer reviews

5.0
Reviews: 3
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Customer reviews
February 9, 2025
Fair product to watch for pattern detection. it makes common setups easier to notice, especially when used for spotting price action during active sessions. I would only count patterns with 2 confirmations, a 1R stop plan and at least 20 candles of context. The pattern is helpful when it supports the plan, not when it becomes the plan.
February 8, 2025
February 8, 2025
Clean idea with value for a more controlled workflow. It helps with spotting price action during active sessions, but patterns still need trend and context. I would only count patterns with 2 confirmations, a 1R stop plan and at least 20 candles of context. I would still keep manual review in the process.

Discussion

FAQ

Forex
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.

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Price

232
Sales
706
Free installs