Forex Indicator Pattern Recognition Master

Indicator Pattern Recognition Master

Pattern Recognition Master MetaTrader Indicator - one of those indicators that can help you with routine work, the candles on a chart marking the names of their respective shapes (such as a doji or shooting star), where there is such a figure. All you have to do is look at what this figure - bullish or bearish, check the general trend and make a decision about buying or selling. Available in both versions of the indicator - for MT4 and MT5.


  • Show_Alert (default = true) - if set to true, when determining the figures will show a signal (Alert).

  • UseExtraDigit (default = false) - set the true, if your broker uses the extra digit (PIP) in quotes.

  • Other Options - enables and disables the individual figures. Do not modify these settings.

recognition master

First, you must understand that this indicator only shows the figure. You see the characters near the candles, and you also see the legend for these symbols in the upper left corner of the screen. Secondly, you need to know how these pieces work and what they mean - when and which of these signals to buy or sell. For experienced traders using figures from the candlesticks, the lamp will serve a useful tool for other traders, he can be quite useless.


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