This indicator will be VERY USEFUL for anyone who works with candle patterns.

This indicator is designed to display the average figure from two adjacent candlesticks (current and previous) and display their “average figure” directly on the chart. Previously, very often traders doubted the correctness of the choice of buying/selling by looking at the candlestick patterns! This indicator, forming an “average figure” of candlesticks, helps to make a more accurate decision to open a trade, but does not guarantee 100% accuracy, since the market itself is not predictable (!)

The indicator also takes into account the DOJI pattern (when the candle has a body of about 1-3 pips) and includes the Doji candle in the calculation.

For example: one of the Doji patterns appeared on the chart – “Morning Star”, “Evening Star”, “Shooting Star”, “Long-legged Doji”. For an experienced trader, this pattern is a signal to enter the market. But the decision may be wrong?! This indicator is written for such cases. It clarifies what the Doji pattern has become and displays a new shape:

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For example, the “Evening Star of the Doji” has turned into a “Hammer”, or into an “Ice Cream on a Stick”, or into a “Hanged Man” – this will help the trader to make a more accurate decision about opening a trade!

There are 3 options for drawing mixed candlesticks (the Tipe Visible parameter):

• all – for all candles;
• ZZ – only on Zig-Zag peaks;
• opposing-for the current and previous candles, taking into account the minimum body of the previous candle, and IF they are different (bullish and bearish. Identical candlesticks are ignored)

(very useful when a candle on the chart forms a DOJI pattern with a minimum body of 2-3 pips. In this case, the indicator will take the data of three candles (the current one and the previous two)).

• Min points candles – minimum candle body in pips for calculating the Doji pattern (recommended value from 1 to 4)
• Type Visible (all, ZZ, opposing) – conditions for displaying mixed shapes (all, according to the Zig-Zag indicator, or taking into account the Doji).
• ZZ Depth, ZZ Deviation, ZZ Backstep-settings of the Zig-Zag indicator on the vertices of which mixed shapes will be displayed

Graphical parameters for mixed shapes:

• Width candle shadow – the thickness of the candle shadow (recommended from 1 to 7)
• Width candle body – the thickness of the candle body (arbitrary, recommended 10-15)
• Shift-shift of the figures above/below the main candlesticks

IMPORTANT – for the correct display of the thickness of the shapes – set all the settings in the “INPUT PARAMETERS” tab”

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