The Kicking Pattern indicator for Metatrader 5 analyses price action and shows the kicking bullish and bearish reversal pattern on the chart.
The Kicking pattern is made up of a series of opposite candles.
A bullish Kicking trading pattern is formed when the following sequence occurs on the chart:
- Candle up – candle down – candle up – candle down.
- The indicator shows a blue colored bullet in the price chart.
A bearish Kicking trading pattern is formed when the following sequence occurs on the chart:
- Candle down – candle up – candle down – candle up.
- The indicator shows a red colored bullet in the price chart.
It’s recommended to combine the Kicking pattern with an existing trading strategy for accurate trade entry and exit.
The following indicator inputs and parameters can be modified: show bullish patterns, show bearish patterns, colors, and style.
The Kicking pattern indicator works for any trading instrument (Forex, Stocks, Indices, etc.) that can be loaded in the Metatrader 5 platform.
Please make yourself familiar with this technical indicator and test it first on a demo account for an extended period.
It supports all time frames and Forex pairs.
Free Download
Kicking_Pattern.mq5 Indicator (MT5)
Chart Example
The following chart shows how the Kicking Pattern indicator looks when applied to the MT5 chart.
