Candlestick patterns, rooted in 18th-century Japanese trading, offer insights into market psychology via price actions like open, high, low, and close. Patterns such as Three Black Crows or Doji provide signals on supply and demand dynamics, aiding in detecting reversals or continuations. Historically, these were robust in less efficient, low-liquidity markets due to the reliance on human decision-making. A project aimed to identify these patterns, graphically marking bullish with a green line and bearish with a red one. It utilized self-written code since previous libraries couldn't be adapted for indicators. This allowed a thorough reevaluation of detection functions. In the current landscape, institutional players couple candlestick patterns with complex strategies to gauge market sentiment, using machine learning and quantitative analyses. Despite... #MQL5 #MT5 #Candlestick #Pattern mql5.com/en/code/62938?…