Rising Falling Method Patterns Indicator MT4

Rising Falling Method Patterns Indicator MT4

The Rising Falling Method indicator is a candle pattern indicator that draws a signal on the chart whenever the Rising or Falling pattern is formed. The indicator criteria are:

  1. Two long candles of the same colour encasing 2 or more smaller candles of any colour.
  2.  The final candle of the group breaks the range set by the initial candle. Break above for bullish (rising) and below for bearish (falling).

A bullish candle is shown with a green arrow below the candle and a bearish candle is shown with a red arrow above the candle. Indicator includes alert notifications.

Key Benefits

Candle patterns are some of the most commonly used technical analysis tools. This indicator allows you to quickly identify the Rising / Falling Candle Patterns either on the chart or in a separate window. This will help you to scan the markets to analyse this signal against your trading strategy or to assist you in your trade management decisions.

 

For full indicator details and inputs visit the indicator page HERE

has been added to your cart!

have been added to your cart!

Scroll to Top