Forex Elephant Candle MT4 Indicator

Forex Elephant Candle MT4 Indicator:

About the Forex Elephant Candle MT4 Indicator

The Elephant Candle is an indicator for MT4. It draws arrows when strong bullish or bearish candles appear. Strong candles frequently initiate a new trend. The arrows can be used in expert advisors. This indicator can improve already existing trading strategies. The indicator is very fast and doesn’t repaint.


  • Period
  • Candle Multiplier
  • Candle Niceness [%]
  • Arrow Size
  • Enable Alert
  • Enable Push Notification
  • Enable Email

Test results:

Forex Elephant Candle MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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