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auto9817 Feb 25, 2020 10:57pm | Post# 3641

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New Article”Fibonacci Retracement in Forex and Stock Market” Released

We have just released the excellent article about Fibonacci Retracement. Now you will learn what is the weakness of Fibonacci Retracement and Fibonacci Expansion from this article. This article will also demonstrate how you can improve Fibonacci Retracement and Fibonacci Expansion to more powerful level. The weakness of Fibonacci Retracement and Fibonacci Expansion also applies to Harmonic Pattern, Elliott Wave pattern and X3 pattern as well as to many other turning point strategies.

Hence, check the article out if you want to improve your trading performance.
https://algotrading-investment.com/2...-stock-market/
Here is another MetaTrader Tutorial
https://algotrading-investment.com/2...al-metatrader/

If you want to use Harmonic Pattern, Elliott Wave Patterns and X3 Patterns in your trading, above tutorials are the essential requirements.
Below is link to the automated Fibonacci Price Pattern Indicator and Scanner for Forex Trading. Make sure to read above articles before using this tools.

a) Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

b) Harmonic Pattern Scenario planner
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

c) Profitable Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

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auto9817 Feb 26, 2020 9:31am | Post# 3642

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Great MetaTrader 5 Indicator List 2020

Here is the great collection of MetaTrader Indicator List for 2020. Each indicator is designed to give you higher accuracy and performance improvement for your trading in your MetaTrader terminal. The indicators range from popular Harmonic Pattern and Elliott Wave pattern indicator to Hard Core Math based Algorithm. We provide the short description and link to the product page for each MetaTrader indicator. We also include the link to Free MetaTrader indicators on the bottom of this page.

1. Advanced Price Pattern Scanner
Advanced Price Pattern Scanner for MetaTrader
https://www.mql5.com/en/market/product/24678
2. Harmonic Pattern Plus
Harmonic Pattern Indicator for Metatrader
https://www.mql5.com/en/market/product/4475
3. Harmonic Pattern Scenario Planner
Harmonic Pattern Scanner for Metatrader
https://www.mql5.com/en/market/product/6101
4. Profitable Pattern Scanner
Non Repainting Harmonic Pattern and Elliott Wave Pattern Scanner for Metatrader
https://www.mql5.com/en/market/product/41992
5. Mean Reversion Supply Demand
Supply/Demand Zone Metatrader (MT4/MT5) Indicator
https://www.mql5.com/en/market/product/16823
6. Price Breakout Pattern Scanner
Price Pattern Scanner for MetaTrader
https://www.mql5.com/en/market/product/4858
7. Elliott Wave Trend
Elliott Wave Trend is a MetaTrader indicator designed for turning point and trend analysis in elliott wave identification and prediction.
https://www.mql5.com/en/market/product/16472
8. Excessive Momentum Indicator
Excessive Momentum Indicator is advanced momentum trading indicator designed to detect potential trading opportunity attributed by market anomalies.
https://www.mql5.com/en/market/product/30621
9. Other Free MetaTrader Indicators
You can also access the free MetaTrader indicators from below links:
https://algotrading-investment.com/p...category/free/

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auto9817 Feb 27, 2020 4:16am | Post# 3643

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Harmonic Pattern Indicator List for MetaTrader 4
Harmonic Pattern Indicator provide a mean of detecting the turning point in the market. It is one way to solve the puzzle of market geometry, which is often not solvable with technical indicators. How about automatic harmonic pattern detection for your trading ?
We provide the list of Harmonic Pattern Indicator for your MetaTrader 4 platform. These harmonic pattern indicators are not only detecting harmonic pattern but they also provide the addtional features to help you to win in your trading.
1. Harmonic Pattern Plus for MetaTrader 4
Harmonic Pattern Plus is the harmonic pattern scanner. It can detect harmonic patterns with predefined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, automatic channel, etc.
https://www.mql5.com/en/market/product/4488
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2. Profitable Pattern Scanner for MetaTrader 4
Profitable Pattern Scanner is non repainting and non lagging pattern scanner for Harmonic Pattern, Elliott Wave pattern and X3 patterns. It is the most advanced but user friendly harmonic pattern indicator. As a bonus, this tool can detect around 52 bearish and bullish Japanese candlestick patterns + advanced Channel features. This is the most advanced Harmonic and Elliott wave scanner in the market. You must try.
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

3. Harmonic Pattern Scenario Planner for MetaTrader 4
With additional features of predicting future harmonic patterns, this is the tactical harmonic pattern indicator with advanced simulation capability on top of many powerful features of harmonic pattern plus. Try it then you will know its power.
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

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auto9817 Feb 27, 2020 9:06pm | Post# 3644

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MetaTrader Indicator Videos

Sometimes seeing is much better than reading. Here are some Youtube video links for great MetaTrader indicators.
Just click the link to open YouTube video of each MetaTrader indicator.

1. Advanced Price Pattern Scanner (MT4/MT5 available)
Youtube link:
Inserted Video


2. Elliott Wave Trend (MT4/MT5 available)
Youtube link:
Inserted Video


3. Profitable Pattern Scanner (MT4/MT5 available)
Youtube:
Inserted Video


4. Price Breakout Pattern Scanner (MT4/MT5 available)
Youtube:
Inserted Video


5. Harmonic Pattern Plus (MT4/MT5 available)
YouTube link:
Inserted Video


Visit our website for more information about these powerful trading tools and system.
https://www.mql5.com/en/users/financ...eller#products
www.algotrading-investment.com

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auto9817 Feb 28, 2020 4:31am | Post# 3645

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Harmonic Pattern – Turning Point and Trend

This article “Turning Point and Trend” tries to answer you on when to use Harmonic Pattern Trading in terms of the four market cycle including Birth, Growth, Maturity and Death. If you want to become profitable trader, then you need to decide when your capital to dive into the market. The best way is doing it with the market rhythm, i.e. the market cycle. This article will provide you the clear answer on how to tune your entry with the market. This is the first step for any trader in choosing their strategy in fact. You would also revise the pros and cons of the turning point strategy, semi turning point strategy and trend strategy.

https://algotrading-investment.com/2...int-and-trend/
Below are the list of automated Harmonic pattern Indicator developed for MetaTrader 4 and MetaTrader 5 platform.

Harmonic Pattern Plus
One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

Harmonic Pattern Scenario planner
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

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auto9817 Feb 28, 2020 7:47pm | Post# 3646

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Most advanced Elliott Wave Software for your Trading

Elliott Wave Trend is the most advanced Elliott Wave Trading software, which helps you to trade with various Elliott Wave patterns like Wave .12345 pattern and Wave .ABC and Wave .ABCDE, etc. Elliott Wave Trend was built on the concept of Precision Trading with Elliott Wave Structure Score. Our Elliott Wave Trend is professional tool for professional trader. Yet, the price of it is affordable.
With Elliott Wave Trend, you can also share your analysis with your Friend and clients through Elliott Wave Reader.

Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version.
https://algotrading-investment.com/2...g-performance/

Link to Elliott Wave Trend.
https://algotrading-investment.com/p...tt-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479

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auto9817 Feb 29, 2020 5:19am | Post# 3647

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Advanced Harmonic Pattern Detection Indicator for MetaTrader 4

Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern Detection Indicator. This is probably the most sophisticated harmonic pattern detection indicator for MetaTrader 4 platform, the most popular Forex trading platform since 2008.

Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability, non of other indicators has such a capability in the world.
Monte Carlo Simulation bring your trading strategy beyond just the reversal trading. It will reveal the probable market scenario automatically in just one button click. Then you choose the best scenario increasing your odd of winning.

Here is the product link to Harmonic Pattern Scenario Planner for MetaTrader 4. You can find more about the features of this advanced Harmonic Pattern Scenario Planner.

https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/p...nario-planner/


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auto9817 Feb 29, 2020 7:20pm | Post# 3648

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Using Harmonic Pattern Plus and Profitable Pattern Scanner Together

Harmonic Pattern plus and profitable pattern scanner are the great harmonic pattern detection indicator. Some trader asked me if they can use Harmonic Pattern Plus and Profitable Pattern Scanner together.
The short answer is yes. It is possible to combine them. Even though both indicators detect harmonic patterns, they are using completely different pattern detection algorithm. Harmonic pattern Plus uses the classic pattern detection algorithm whereas Profitable Pattern Scanner uses non repainting pattern detection algorithm (i.e. latest pattern detection technology).
There can be some overlapping in the detected patterns. However, there are also many different patterns can be detected. If both indicator detect the same patterns, then the patterns are often more accurate. At the same time, with non overlapping patterns, you have less chance to miss out the good signals.
When you want to use channel function together with Harmonic Pattern, then use the channel function in Profitable Pattern Scanner because it is more advanced version.
Of course, the same thing applies to Harmonic Pattern Scenario planner.

Link to Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/p...-pattern-plus/

Link to Profitable Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

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auto9817 Mar 1, 2020 4:19am | Post# 3649

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Enable Automatic Channel in Harmonic Pattern Indicator

We provided powerful automatic channel features in the Harmonic Pattern Indicator. To enable the automatic Channel Function, just set Use Channel = true under Channel Parameter inputs.

Together with Harmonic Pattern and Elliott Wave patterns, the provided automatic channel can be the great help for your trading. Enjoy this powerful features. This feature applies to Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and Profitable Pattern Scanner.

Important Note to read
For your information, the provided channel are dynamic. As new bars are arrived in your chart, it will update the size of Standard deviation and 95% intervals in real time. Please bear this in your mind when you are using the provided channel.

Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

Profitable Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/


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auto9817 Mar 1, 2020 5:35pm | Post# 3650

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Scan and search future harmonic patterns with Harmonic Pattern Scenario Planner

Harmonic Pattern Scenario Planner is a tool you can scan and search future harmonic patterns in just one button click. It would detect any potential future harmonic patterns in your search range using the algorithm like Monte Carlo simulation. You can even get the potential take profit and stop loss of the future patterns even before they form. What is even more, you can use all the features and functionality of harmonic pattern plus from your harmonic pattern scenario planner too.
Have watched this interesting movie called “Next” ? Check out the guy can see the few minutes into the futures. How powerful the 2 minutes vision for future is. Predicting future is very tactical game but it is hard because future keep changing based on the presents. However, it is definitely an interesting game. As a trader, you can gain a lot of advantage over other traders by predicting futures.

http://www.imdb.com/title/tt0435705/

This movie like predicting concept was equipped in our Harmonic Pattern Scenario Planner. check the power of predictive harmonic pattern. We are only one selling this future predictive harmonic pattern scanner in the universe.

http://algotrading-investment.com/po...nario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240

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auto9817 Mar 2, 2020 12:33am | Post# 3651

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Optimum Chart New Version 1.73 Released

Dear Optimum Chart Users

We have just released Version 1.73 for Optimum Chart.
In version 1.73, we have made a multiple of improvement on following areas:

  1. Correlation Ranking Heat Map: Simplified user interface. Tidy up many unused parts
  2. Fractal Moving Average Indicator: This moving average indicator was finally added to Optimum Chart to be used together with Fractal Pattern Indicator.
  3. Improvement over the data management algorithm (not visible)

Since there are many updates in Optimum Chart, you must download new version 1.73 for your trading. Now you can download new version directly from your existing Optimum Chart. However, if you still have any difficulties to download latest version 1.73 of Optimum Chart, then please contact us on: customer.support@algotrading-investment.com

https://algotrading-investment.com/2.../optimum-chart

If you are MetaTrader users, then visit this link for advanced trading tools and systems.
https://www.mql5.com/en/users/financ...eller#products
https://algotrading-investment.com/

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auto9817 Mar 2, 2020 9:48am | Post# 3652

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Most advanced Elliott Wave Software for your Trading

Elliott Wave Trend is the most advanced Elliott Wave Trading software, which helps you to trade with various Elliott Wave patterns like Wave .12345 pattern and Wave .ABC and Wave .ABCDE, etc. Elliott Wave Trend was built on the concept of Precision Trading with Elliott Wave Structure Score. Our Elliott Wave Trend is professional tool for professional trader. Yet, the price of it is affordable.
With Elliott Wave Trend, you can also share your analysis with your Friend and clients through Elliott Wave Reader.
Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version.

https://algotrading-investment.com/2...g-performance/

Link to Elliott Wave Trend.
https://algotrading-investment.com/p...tt-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479

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auto9817 Mar 2, 2020 10:25pm | Post# 3653

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MetaTrader Indicator YouTube Links

Sometimes seeing is much better than reading. YouTube provides a great space to share videos for technical analysis in Forex and Stock Market. Here are some YouTube video links for great MetaTrader indicators. Just click the link to open YouTube video of each MetaTrader indicator.
1. Advanced Price Pattern Scanner (MT4/MT5 available)
Youtube link:
Inserted Video

2. Elliott Wave Trend (MT4/MT5 available)
Youtube link:
Inserted Video

3. Profitable Pattern Scanner (MT4/MT5 available)
Youtube:
Inserted Video

4. Price Breakout Pattern Scanner (MT4/MT5 available)
Youtube:
Inserted Video

5. Harmonic Pattern Plus (MT4/MT5 available)
YouTube link:
Inserted Video

Visit our website for more information about these powerful trading tools and system.
https://www.mql5.com/en/users/financ...eller#products
www.algotrading-investment.com

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auto9817 Mar 3, 2020 10:33am | Post# 3654

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Ace Supply Demand Zone Indicator – How to Remove Take Profit and Stop Loss Levels

One of the greatest advantage of Ace Supply Demand Zone indicator is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.
There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.

Below is link to Ace Supply Demand Zone Indicator.

https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/

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auto9817 Mar 4, 2020 3:53am | Post# 3655

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Harmonic Pattern Trading Articles

Harmonic Pattern Trading is the powerful way of predicting market turning point. Harmonic Pattern trading is probably the most popular trading strategy last few years. In this article, we introduce some of the articles and automated harmonic pattern indicators might be useful for your trading.

1) Quick Guideline for Harmonic Pattern Plus for Starters
This article provides the quick guide of applying harmonic patterns with risk management. This article is probably good educational material if you are looking to hit the ground with harmonic pattern. We recommend to read this one first before attempting to read any other article.
https://algotrading-investment.com/2...s-for-starter/

2) Tactical use of Pattern completion interval
Pattern Completion Interval is the basic anatomy of harmonic pattern. It is the important element in harmonic trading for money management part as well as for various straetgy. Especially, this article introduce the tactical use of Pattern Completion interval in your harmonic pattern trading.
https://algotrading-investment.com/2...tion-interval/

3) Turning Point and Trend
If you want to become profitable trader, the first thing you need to understand is turning point and trend in the financial market. If you read many trading articles and books, you will find the diverse opinion over turning point and trend. This article provides short but essential description of turning point and trend in the financial market. Why do you need to understand turning point and trend for harmonic pattern ? It is simply because Harmonic Pattern are working the best when you are using them as semi turning point strategy. That is the hybrid strategy between turning point and trend strategy.
https://algotrading-investment.com/2...int-and-trend/
4) Harmonic Pattern Plus
One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
5) Harmonic Pattern Scenario planner
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
6) Profitable Pattern Scanner
This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. The bonus is that you can also detect around 52 Japanese candlestick patterns.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

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auto9817 Mar 4, 2020 6:32pm | Post# 3656

1 Attachment(s)
Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus (Harmonic Pattern Scenario Planner)

Having understood all the concept behind the Pattern Completion Interval, you might observe that sometime price can react outside the pattern completion interval. Sure, there is nothing perfect in the world. As long as you understand the pros and cons of using large stop loss size, it is still fine to control your own stop loss size.
However, we still prefer to express stop loss size in terms of pattern completion interval range for convenience. For example, if the original stop loss size was equal to 1 x pattern completion interval, you can certainly use 1.5 x pattern completion interval or 2 x pattern completion interval.
Another consideration before you are using pattern completion interval, if you can enter the market at the competitive price, then you can feel less guilty when you increase your stop loss size because you are still remaining good rewards/Risk ratio. On the other hands, if you have entered market at not so competitive price, then you might be cautious when you increase your stop loss size.
The same feature applies to Profitable Pattern Scanner (Non Repainting and Non Lagging Harmonic Pattern and Elliott Wave pattern scanner.)
Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
Profitable Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/


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auto9817 Mar 5, 2020 4:13am | Post# 3657

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Over 50 Free Articles for Forex Trading Education

Good Trading education is a must have if you want to become profitable trader. We try to bring the essential but untold stories about trading through this trading education page. We also try to share the most up to date research results in this trading education page too. Do not miss if you want to get updated with new trading technology and new profitable methods.

https://algotrading-investment.com/2...ing-education/
https://algotrading-investment.com/m...-instructions/
https://algotrading-investment.com/trading-articles/

Below is the links where you can find the trading tools and system to accomplish when you have gained new knowledge through the trading education. MetaTrader is popular and powerful trading platform available on the internet across the world. We provide the advanced tools and system in MetaTrader 4 and MetaTrader 5.

Link to Article: Turning Point and Trend
https://algotrading-investment.com/2...int-and-trend/

Link to Article: Patterns are the good predictor of Market turning point
https://algotrading-investment.com/2...turning-point/

Link to Article: Profitable Patterns in financial Market
https://algotrading-investment.com/2...ancial-market/

1) Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2) Harmonic Pattern Scenario planner
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

3) Elliott Wave Trend
Elliott Wave Trend is extremely powerful indicator. Allow you to perform Elliott wave counting as well as Elliott wave pattern detection. On top of them, it provides built in accurate support and resistance system to improve your trading performance.
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/

4) Profitable Pattern Scanner
Profitable Pattern Scanner is not entirely Elliott wave tool but it contains some Elliott Wave pattern features in it (it detects Harmonic Patterns, Elliott Wave Patterns, X3 Patterns). Primarily, Profitable Pattern Scanner is specialized tools in detecting profitable patterns including Harmonic Pattern and Elliott Wave Patterns. It is great tool if you want to use both Harmonic Pattern and Elliott Wave patterns in one tool. In addition, the pattern detection algorithm inside Profitable Pattern Scanner is customizable using RECF notation shown in this link below:

https://algotrading-investment.com/2...able-patterns/

Here is the link to Profitable Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/


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auto9817 Mar 5, 2020 6:20pm | Post# 3658

1 Attachment(s)
Take Profit and Stop Loss in Profitable Pattern Scanner

Profitable Pattern Scanner is also using the risk management concept with Pattern Completion Interval for your trading. Must remember that trading without having good reward/Risk ratio is useless. They can blow your account pretty quickly. Please make sure that you understand the role of Pattern Completion Interval and how it can help for your trading.

In Profitable Pattern Scanner, your stop loss and take profit is controlled for individual patterns. This is the main difference from Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Since Profitable Pattern Scanner have different categories of patterns like Elliott Wave patterns, Harmonic patterns and X3 patterns, you can apply different money management scheme if you wish.

To change your stop loss and take profit, scroll down in your input. Stop Loss = 1 means that it is size of 1 x Pattern Completion Interval Box. Take Profit = 2.5 means that it is size of 2.5 x Pattern Completion Interval.


Profitable Pattern Scanner provide all the historical patterns, helping you to tune your strategy. Hence, please test your strategy and change your stop loss and take profit according to your observation from your chart. We have already shown you how to test your strategy with Profitable Pattern Scanner in another article here.
https://algotrading-investment.com/2...ttern-scanner/

Also check the screenshot for better understanding of this basic risk management concept.

https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993


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auto9817 Mar 6, 2020 4:23am | Post# 3659

1 Attachment(s)
Elliott Wave Trading Articles

Elliott Wave is the powerful way of predicting market movement. The method stood up nearly 90 years in the trading community. Still this method is considered as the best strategy for many professional trader. Here is some articles giving you insight about Elliott Wave and its automated tool.

1) How Elliott Wave can Improve your Trading Performance
This article covers the essence of “Template and Pattern Approach” to count Elliott Wave. Then it explains two steps:

  1. Building up wave counting using template (or patterns) first
  2. Use the Wave score to get the scientific justification or when the wave score is not available, then you can check the correct location of each wave point to judge the valid trading point

https://algotrading-investment.com/2...g-performance/

2) Basic Tutorial for Elliott Wave 1, 2, 3, 4 Pattern Identification
This is the medium sized article explain the detailed steps of identifying Elliott Wave 1234 pattern. After identifying the Elliott Wave 1234, this articles help you to further analysis the validity of patterns for your trading.
https://algotrading-investment.com/2...dentification/

3) Identifying Corrective Wave in Elliott Wave
This is really short article helping you to find the corrective wave in price series. This is quick operational article. I think you should read article 1) and 2) before reading this article.
https://algotrading-investment.com/2...-elliott-wave/

Here is link to the Elliott Wave Trend indicator
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/p...tt-wave-trend/

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auto9817 Mar 6, 2020 7:48pm | Post# 3660

1 Attachment(s)
Great MetaTrader 4 Indicator List 2020

Here is the great collection of MetaTrader Indicator List for 2020. Each indicator is designed to give you higher accuracy and performance improvement for your trading in your MetaTrader terminal. The indicators range from popular Harmonic Pattern and Elliott Wave pattern indicator to Hard Core Math based Algorithm. We provide the short description and link to the product page for each MetaTrader indicator. We also include the link to Free MetaTrader indicators on the bottom of this page.

1. Advanced Price Pattern Scanner
Advanced Price Pattern Scanner for MetaTrader
https://www.mql5.com/en/market/product/24679
2. Harmonic Pattern Plus
Harmonic Pattern Indicator for Metatrader
https://www.mql5.com/en/market/product/4488
3. Harmonic Pattern Scenario Planner
Harmonic Pattern Scanner for Metatrader
https://www.mql5.com/en/market/product/6240
4. Profitable Pattern Scanner
Non Repainting Harmonic Pattern and Elliott Wave Pattern Scanner for Metatrader
https://www.mql5.com/en/market/product/41993
5. Mean Reversion Supply Demand
Supply/Demand Zone Metatrader (MT4/MT5) Indicator
https://www.mql5.com/en/market/product/16851
6. Price Breakout Pattern Scanner
Price Pattern Scanner for MetaTrader
https://www.mql5.com/en/market/product/4859
7. Elliott Wave Trend
Elliott Wave Trend is a MetaTrader indicator designed for turning point and trend analysis in elliott wave identification and prediction.
https://www.mql5.com/en/market/product/16479
8. Excessive Momentum Indicator
Excessive Momentum Indicator is advanced momentum trading indicator designed to detect potential trading opportunity attributed by market anomalies.
https://www.mql5.com/en/market/product/30641

9. Other Free MetaTrader Indicators
You can also access the free MetaTrader indicators from below links:
https://algotrading-investment.com/p...category/free/


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