Advanced Candle Range Theory CRT Indicator

Advanced Candle Range Theory CRT Indicator

Advanced Candle Range Theory (CRT) Indicator v1.00

Identify High-Probability Market Reversals with Precision

The Advanced Candle Range Theory (CRT) Indicator is a sophisticated price-action trading tool designed to detect powerful 3-candle reversal patterns that signal potential trend changes. Based on proven candlestick theory, this indicator eliminates guesswork by automatically identifying setups, calculating precise entry levels, and providing clear take-profit and stop-loss targets.

What is Candle Range Theory?

CRT is a price-action methodology that identifies market reversals through a specific 3-candle structure:

1. Candle 1 - Impulse: A strong directional candle (bullish or bearish) that establishes momentum
2. Candle 2 - Trap: A small counter-trend candle that closes within the impulse candle's wick, creating a false breakout that traps late traders
3. Candle 3 - Reversal: A strong candle in the opposite direction that engulfs the trap candle, confirming the reversal

This pattern capitalizes on market inefficiencies where smart money traps retail traders before reversing direction.

Key Features

Automatic Pattern Detection

• Detects both bullish and bearish CRT setups across all timeframes
• Configurable minimum candle body size (default: 90 points)
• Adjustable trap candle ratio (default: 20% of impulse candle)
• Real-time scanning as new candles form

Smart Notifications & Alerts

• Early Setup Alerts: Receive push notifications when Candle 3 opens (after impulse + trap pattern completes)
• Multi-Channel Alerts: Push notifications, on-chart alerts, and email notifications
• Customizable Alert Prefix: Add your own text to notification messages
• Multi-Language Support: Choose between English and French notifications

Automatic TP/SL Calculation

• TP1: Midpoint of the impulse candle (50% profit target)
• TP2: High/Low of the impulse candle (full profit target)
• Stop Loss: Opposite end of the impulse candle
• Visual Target Lines: Optional horizontal lines showing TP1, TP2, and SL levels on chart

Professional Visualization

• Entry Arrows: Clear bullish (lime) and bearish (red) arrows at entry points
• Pattern Boxes: Semi-transparent rectangles highlighting the 3-candle structure
• Candle Markers: Individual markers for impulse and trap candles
• Pattern Labels: Text labels identifying each CRT setup
• Customizable Colors: Adjust all colors to match your chart theme

Advanced Signal Logging

• CSV Export: Automatically logs all signals to signal_stats.csv file
• Comprehensive Data: Records timestamp, symbol, direction, TP1, TP2, SL, and signal events
• Performance Tracking: Monitor TP1 hits, TP2 hits, SL hits, and in-profit signals
• Unique Signal IDs: Each setup gets a unique identifier for easy reference

Chart Customization

• Auto Chart Styling: Clean white/black color scheme for optimal visibility
• Adjustable Arrow Distance: Control spacing of entry arrows from candles
• Toggle Visual Elements: Show/hide arrows, boxes, labels independently
• Developer Branding: Optional display of developer information

How to Use

1. Install the Indicator: Attach to any chart and timeframe
2. Adjust Settings: Configure minimum body size, trap ratio, and notification preferences
3. Wait for Alerts: Receive push notifications when valid CRT setups form
4. Execute Trades: Enter at Candle 3 opening with auto-calculated TP/SL levels
5. Monitor Performance: Review CSV logs to track signal accuracy

Input Parameters

Pattern Detection:

• MinBodySizePoints (90): Minimum candle body size in points for strong candles
• MaxTrapBodyRatio (20): Maximum trap candle body as % of impulse candle

Visual Settings:

• ShowArrows (true): Display entry arrows on chart
• BullishColor (Lime): Color for bullish patterns
• BearishColor (Red): Color for bearish patterns
• ArrowDistance (50): Distance of arrows from candles in points

Notifications:

• EnableNotifications (true): Enable/disable push notifications
• NotificationPrefix (""): Custom text prefix for alerts
• myLanguage (English): Choose English or French alerts

Target Lines:

• DrawTargetLines (true): Show TP1, TP2, and SL lines on chart
• TargetLineColor (Lime): Color for TP lines
• TargetLineWeight (1): Line thickness
• LineStyle (Solid): Line style

Signal Logging:

• LogSignals (true): Enable CSV logging of all signals

Trading Strategy Recommendations

Best Timeframes:

• Scalping: M5, M15 (quick reversals)
• Day Trading: H1, H4 (intraday trends)
• Swing Trading: D1 (major trend reversals)

Risk Management:

• Use provided SL levels religiously
• Consider taking partial profits at TP1 (50%)
• Let remaining position run to TP2
• Adjust position size based on SL distance

Market Conditions:

• Works best in ranging and trending markets
• Avoid using during major news events
• Stronger signals appear at support/resistance levels
• Combine with trend filters for higher accuracy

Why Choose This Indicator?

✅ No Repainting: Signals are final once Candle 3 opens
✅ Works on All Symbols: Forex, indices, commodities, cryptocurrencies
✅ All Timeframes Supported: From M1 to MN1
✅ Clear Entry/Exit Rules: Eliminates emotional trading decisions
✅ Performance Tracking: Built-in CSV logging for strategy optimization
✅ Mobile-Friendly: Receive push notifications on MetaTrader mobile app
✅ Professional Support: Developer contact via Telegram and WhatsApp

Technical Specifications

• Platform: MetaTrader 5
• Type: Chart Indicator
• Buffers: 8 indicator buffers
• Language: MQL5
• Version: 1.00
• Developer: ExtrovertVIX Trading Corp.

What You Get

• Advanced CRT Indicator (.ex5 file)
• Automatic updates via MQL5 Market
• CSV signal logging functionality
• Multi-language notification system
• Complete documentation
• Developer support channels

Perfect For:

• Price action traders seeking objective entry signals
• Traders who want automated TP/SL calculation
• Multi-timeframe traders managing several charts
• Performance-focused traders who track statistics
• Mobile traders needing instant push notifications

Important Notes

• This is a signal indicator, not an automated trading system (Expert Advisor)
• Manual trade execution is required
• Past performance of signals is not indicative of future results
• Always use proper risk management
• Test on demo account before live trading
• CSV logs are saved in MQL5/Files directory

Support & Contact

• Telegram: t.me/PipsGenius
• WhatsApp: wa.me/263777523514
• Website: www.ExtrovertVIX.com

Transform your trading with the precision of Candle Range Theory. Get the Advanced CRT Indicator today and start identifying high-probability reversals with confidence!

Ultra-Short Description (for social media - ~140 characters)h6h6

Powerful CRT indicator for MT5! Auto TP/SL, push alerts, works all timeframes. Spot 3-candle reversals like a pro. ?✅

Feature Bullet Points (for quick reference)

• ✅ Automatic 3-candle CRT pattern detection
• ✅ Real-time push notifications to mobile
• ✅ Auto-calculated TP1, TP2, and SL levels
• ✅ Visual target lines on chart
• ✅ CSV signal logging for performance tracking
• ✅ Multi-language support (EN/FR)
• ✅ Works on all timeframes (M1-MN1)
• ✅ Compatible with all symbols
• ✅ Customizable colors and visual elements
• ✅ No repainting - signals are final
• ✅ Pattern boxes and entry arrows
• ✅ Email and on-chart alerts
• ✅ Adjustable pattern sensitivity
• ✅ Professional chart styling
• ✅ Unique signal ID tracking

SEO Keywords (for MQL5 Market)

candle range theory, CRT indicator, reversal pattern, price action, MT5 indicator, forex signals, push notifications, automatic TP SL, 3-candle pattern, bullish reversal, bearish reversal, trading signals, CSV logging, multi-timeframe, pattern detection, candlestick indicator, trade alerts, mobile notifications, profit targets, stop loss calculator