The Candles Suite indicator for MT4 can be categorized as a trend prediction tool that works on candlestick price action without lag.
Candles Suite can be used for both trade entry and exit or to confirm trading signals issued by other trading systems or strategies.
The Candles Suite indicator can be mixed together with your own favorite trading strategy for improved performance.
For scalping and day trading, the indicator tends to work the best during the London and American trading sessions.
Free Download:
Download the “candles-suite.mq4” indicator for MT4
Indicator Example Chart (EUR/USD H1)
The example chart below displays the Candles Suite mt4 indicator in action on the trading chart.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend
Repaint? No.
Download Now:
Download the “candles-suite.mq4” indicator for Metatrader 4
Usage:
Works for any trade style: scalping, day trading and swing trading.
The Candles Suite indicator, developed for the MT4 trading platform can be used as a standalone technical analysis indicator.
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the candles-suite.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.