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harami ma rs i ma c d
Info
The harami ma rs i ma c d is a Indicator for MetaTrader 4 that i added a candle to the harami pattern, the results in trend direction are convincing. default-settings = "harami" onlyma and rsi and macd are for experimental use all filters can be used alone or combined best results each for its own timeframes: all input parameters barstoprocess=5000 - the number of periods of the chart, that are involved, if you use a m15 chart, one day only - 200 should be enoughalert_on- to get the alert on your screenma_filter=false - false= the ma-settings are not active // true= the ma-settings are workingrsi_filter=false - false= the rsi-settings are not active // true= the rsi-settings are workingmacd_filter=false - false= the macd-settings are not active // true= the macd-settings are workingone_candle_before=false - false= the last candle before the pattern is not involved // true= the last candle before the pattern is involved and must have the same direction as the first pattern-candle trend_ma=12ma_shift=0ma_mode=exponentialma_price=high pricersi_period=5rsi_upper_level=70rsi_lower_level=30macd_fast_ema=12macd_slow_ema=26macd_sma=9.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use harami ma rs i ma c d
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
i added a candle to the harami pattern, the results in trend direction are convincing.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: daily percentage change mt4 - another powerful indicator for MetaTrader 4 traders.
i added a candle to the harami pattern, the results in
trend
direction are convincing.
Also recommended: ind - profitunity bars - similar indicator with strong performance on MetaTrader 4.
default-settings = "harami" onlyma and rsi and macd are for experimental use
all filters can be used alone or combined
best results each for its own
timeframes: all
input parameters
barstoprocess
=5000 - the number of periods of the chart, that are involved, if you use a m15 chart, one day only - 200 should be enough
alert_on
- to get the alert on your screen
ma_filter
=false - false= the ma-settings are not active // true= the ma-settings are working
rsi_filter
=false - false= the rsi-settings are not active // true= the rsi-settings are working
macd_filter
=false - false= the macd-settings are not active // true= the macd-settings are working
one_candle_before
=false - false= the last candle before the pattern is not involved // true= the last candle before the pattern is involved and must have the same direction as the first pattern-candle
trend_ma
=12
ma_shift
=0
ma_mode
=exponential
ma_price
=high price
rsi_period
=5
rsi_upper_level
=70
rsi_lower_level
=30
macd_fast_ema
=12
macd_slow_ema
=26
macd_sma
=9
You may also like: id lite info ma - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property strict
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "16.04"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 green.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.