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  • Post #3,261
  • Quote
  • Nov 9, 2019 9:51am Nov 9, 2019 9:51am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Difference between Harmonic Pattern Plus and Profitable Pattern Scanner

Harmonic Pattern Plus and Profitable Pattern Scanner are the great Harmonic Pattern Indicator for your Forex trading. However, you might want to know what are the difference between them.
In Harmonic Pattern Plus, you can only detect Harmonic Patterns.
In Profitable Pattern Scanner, it can detect Harmonic Patterns + Elliott Wave Patterns + X3 Patterns.
In Profitable Pattern Scanner, you can even add new patterns if you wish. You can construct any patterns as outlined here.
https://algotrading-investment.com/2...able-patterns/

In terms of pattern detection algorithm, Harmonic Pattern Plus uses the classic pattern detection algorithm whereas Profitable Pattern Scanner uses non repainting and non lagging algorithm (i.e. the latest technology).
On top of these difference, Profitable Pattern Scanner provides you more advanced Channel features for your trading.
In summary, Profitable Pattern Scanner provides you more features and enhanced harmonic pattern trading for your trading.

Below are the Links 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/

Below are the Links 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/


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  • Post #3,262
  • Quote
  • Nov 10, 2019 3:48am Nov 10, 2019 3:48am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Home of Forex and Stock Market Trader

Algotrading-Investment.com is Home of Forex and Stock Market Trader. We provide the most informative trading guide for your Forex and Stock Market. If you want to save tons of money before trading, please go through these books first. These books are available from the most of book distributors in the world including amazon.com and Scribd, Apple Book Store, etc.

● Profitable Patterns in Forex and Stock Market (Essential Trading Guide in 12 Hours)
Amazon: https://www.amazon.com/dp/B07VQKLSNW
https://algotrading-investment.com/p...-stock-market/

● Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Amazon: https://www.amazon.com/dp/B01MRI5LY6
https://algotrading-investment.com/p...ttern-trading/

● Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Amazon: https://www.amazon.com/dp/B073T3ZMBR
https://algotrading-investment.com/p...ttern-trading/

At the same time, we provide you the premium Trading System and Tool for your trading in MetaTrader 4 and MetaTrader 5. These MetaTrader tools are used by over several thousands professional Forex trader from all over the world.
https://algotrading-investment.com/our-products-list/

  1. Harmonic Pattern Indicator
  2. Elliott Wave Pattern Indicator
  3. Excessive Momentum Indicator
  4. Price Breakout Pattern Scanner
  5. Advanced Price Pattern Scanner
  6. Advanced supply and demand zone indicator


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  • Post #3,263
  • Quote
  • Nov 10, 2019 6:12pm Nov 10, 2019 6:12pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Elliott Wave Indicator MT5

Elliott wave theory is nearly 100 years old trading strategy. However, it is still actively used by many professional traders from all over the world. We provide several Elliott Wave indicator for MetaTrader 5, the most popular platform in the world.

1. Elliott Wave Trend MT5
Elliott Wave Trend is the professional Elliott wave indicator which was released around 2016. This one 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. There are many other powerful features added to give you winning strategy. Please find out from the provided link page.
Here is the links to Elliott Wave Trend MT5:
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/p...tt-wave-trend/

2. Profitable Pattern Scanner MT5
This is our next generation profitable Pattern Scanner. This is non-repainting and non-lagging Pattern Scanner. In fact, Profitable Pattern Scanner is not exclusively Elliott wave pattern scanner. However, it can detect Harmonic patterns, Elliott wave patterns and X3 patterns. As a bonus, this scanner can detect around 52 Japanese candlestick patterns for your trading. It also provide the built in automatic channels to help you to win in the market. This is the most advanced Harmonic and Elliott wave pattern scanner in the market. You must try.
Here is link to Profitable Pattern Scanner MT5
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

3. Peak Trough Analysis MT5 (Free for every one)
Understanding how peak trough analysis works for your trading is the most basic but essential skill for Elliott Wave trading. Good Elliott wave trader should never miss on a training around peak trough analysis. Do not skip this is free tool. You can use this free tool with any of our products listed above.
Here is the download link for Peak Trough Analysis MT5 (Free)

www.mql5.com/en/market/product/22420
www.algotrading-investment.com/portfolio-item/peak-trough-analysis-tool

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  • Post #3,264
  • Quote
  • Nov 11, 2019 10:04am Nov 11, 2019 10:04am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
EURUSD Market Outlook – 11 Nov 2019

Overall market is little stronger with bullish sentiment. Especially GBP is strong as you can see GBPUSD and GBPAUD is up today. However, this does not mean that you can just buy any currency pairs. For example, many currency pairs are bull but they are still in corrective phase. For example, EURUSD was keep falling last few days. With bullish BAT pattern, it was reacted bullish for around 20 pips but that was not much. It is because people are aware of the bearish sentiment in last few days in EURUSD. So I have marked the important resistance to gauge the strength of EURUSD. Demand zone marked is also useful support in the near future.
https://algotrading-investment.com/2...market-trader/
https://www.mql5.com/en/users/financ...eller#products

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  • Post #3,265
  • Quote
  • Nov 11, 2019 11:04pm Nov 11, 2019 11:04pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
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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  • Post #3,266
  • Quote
  • Nov 12, 2019 9:50am Nov 12, 2019 9:50am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
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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  • Post #3,267
  • Quote
  • Nov 12, 2019 10:17pm Nov 12, 2019 10:17pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Pattern Scanner List for MetaTrader 4

Pattern detection is an important task for your winning trading. It is one way to solve the puzzle of market geometry, which is often not solvable with technical indicators. How about automatic pattern detection for your trading ?
We provide the list of various pattern scanner for your MetaTrader 4 platform.

1. Harmonic Pattern Plus for MetaTrader 4
Harmonic Pattern Plus is the harmonic pattern scanner. 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.
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. 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. Advanced Price Pattern Scanner
Advanced Price Pattern Scanner is the automatic price pattern scanner. It is designed to scan the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better? This is non-repainting and non-lagging indicator. Here is link for more information
https://www.mql5.com/en/market/product/24679
https://algotrading-investment.com/portfolio-item/advanced-price-pattern-scanner/

4. Price Breakout Pattern Scanner
Price Breakout Pattern Scanner is the automatic pattern scanner designed to detect the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder. Although this scanner is repainting, this scanner comes with powerful built in features like Japanese candlestick pattern detection + Smart Renko features. With all these features together, this pattern scanner forms the powerful trading system for Forex market.
https://www.mql5.com/en/market/product/4859
https://algotrading-investment.com/p...ttern-scanner/

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  • Post #3,268
  • Quote
  • Nov 13, 2019 6:43am Nov 13, 2019 6:43am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Optimum Chart Version 1.36 Released – 13 Nov 2019

We have just released Version 1.36 of Optimum Chart, the best charting and analytical platform for Forex and Stock Market. In the new version of Optimum Chart, you can now access both automated Double Standard Deviation and manual Standard deviation for your trading.
As usual, you can just download version 1.36 from your account page on our website. Please download the latest version for the maximum trading performance.

https://algotrading-investment.com

Also here is landing page to Optimum Chart

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

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  • Post #3,269
  • Quote
  • Nov 13, 2019 5:51pm Nov 13, 2019 5:51pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
MT4 Pattern Scanner

We are the specialized company developing Pattern Scanner. We do have range of advanced pattern scanner for your trading.
If you just want to have a pure guide on how to trade with profitable patterns, then you can just read our book: Profitable Patterns in Forex and Stock Market
Amazon: https://www.amazon.com/dp/B07VQKLSNW/
https://algotrading-investment.com/p...-stock-market/

If you are trader and you need the advanced pattern scanner for your trading. Here is the list of tools for MetaTrader 4.
● Advanced Price Pattern Scanner:: It is the automatic price pattern scanner. It is designed to scan the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better? This is non-repainting and non-lagging indicator. Here is link for more information
https://www.mql5.com/en/market/product/24679
https://algotrading-investment.com/p...ttern-scanner/

● 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.
https://www.mql5.com/en/market/product/4488
https://algotrading-investment.com/p...-pattern-plus/

● Profitable Pattern Scanner:: This is our next generation profitable Pattern scanner. This is non-repainting and non-lagging Harmonic scanner. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. As a bonus, this tool can detect around 52 bearish and bullish Japanese candlestick patterns as well as advanced automatic channels. This is the most advanced Harmonic and Elliott wave scanner in the market. You must try.
https://www.mql5.com/en/market/product/41993
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

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  • Post #3,270
  • Quote
  • Nov 14, 2019 4:07am Nov 14, 2019 4:07am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Elliott Wave Indicator Video

Elliott Wave could be complex trading solution in raw form. However, it can be simplified with Pattern and Template approach typically used in Artificial intelligence and data mining Community. This short video helps you to understand how Elliott Wave Trend can help you with your trading with embedded Pattern and Template Approach. We are talking about the practical trading.

YouTube Video:
Inserted Video


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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  • Post #3,271
  • Quote
  • Nov 14, 2019 9:51am Nov 14, 2019 9:51am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
One Stop Shop for Forex and Stock Market Trader

Algotrading-Investment.com is the one stop shop for Forex and Stock Market Trader. We provide you the premium Trading System and Tool for your trading in MetaTrader 4 and MetaTrader 5. These MetaTrader tools are used by over several thousands professional Forex trader from all over the world.

https://algotrading-investment.com/our-products-list/

  1. Harmonic Pattern Indicator
  2. Elliott Wave Pattern Indicator
  3. Excessive Momentum Indicator
  4. Price Breakout Pattern Scanner
  5. Advanced Price Pattern Scanner
  6. Advanced supply and demand zone indicator

At the same time, we provide trading utilities for your MetaTrader. We provide the following trading copiers.
* MetaTrader 4 to MetaTrader 4 Account Copier
https://algotrading-investment.com/p...er-mt4-to-mt4/
* MetaTrader 4 to MetaTrader 5 Hedge Account Copier
https://algotrading-investment.com/p...mt4-mt5-hedge/
* MetaTrader 5 Hedge Account to MetaTrader 4 Copier
https://algotrading-investment.com/p...mt5-hedge-mt4/

On top of MetaTrader products, we provide our own platform “Optimum Chart”. Optimum Chart provide technical indicators and Premium Technical indicators and the powerful Dashboard (i.e. Panel) in one price. If you start to use our Optimum Chart, then you do not need anything else. Please check it out on this product page about Optimum Chart.
https://algotrading-investment.com/2...optimum-chart/

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  • Post #3,272
  • Quote
  • Nov 14, 2019 10:50pm Nov 14, 2019 10:50pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Supply Demand Zone Indicator Basic

Supply and Demand zone is the extended version of support and resistance trading with more skills. We provide our own Supply and Demand Zone indicator, Ace Supply Demand Zone Indicator. This is non repainting supply and demand zone indicator.
Here is the basic guideline in using Ace Supply Demand Zone indicator. First of all, here is what the notation like H1 or S3 means in your chart when you applied this Supply Demand Zone indicator.

  1. H1 = Zone detected in H1 timeframe
  2. S3 = Zone Strength 3

You can also show or hide zones from your chart using button click. Check the screehshot for some more tips.
Below are the links to the Ace Supply Demand Zone indicator for MetaTrader 4/MetaTrader 5.
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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  • Post #3,273
  • Quote
  • Nov 15, 2019 7:20am Nov 15, 2019 7:20am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Harmonic Pattern Indicator List for MetaTrader 5

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. If the harmonic pattern detection can be done automatically, I think that is very good start for any harmonic pattern trading.
Here is the list of Harmonic Pattern Indicator for your MetaTrader 5 platform, the most popular forex trading platform in the world. These harmonic pattern indicators are not only detecting harmonic pattern but they also provide the additional features to support you to win in your trading. These listed Harmonic pattern indicators here will provide the best value for the money probably.

1. Harmonic Pattern Plus for MetaTrader 5
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. Please visit the product page about more information.
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/p...-pattern-plus/

2. Profitable Pattern Scanner for MetaTrader 5
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 pattern scanner in the market.
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

3. Harmonic Pattern Scenario Planner for MetaTrader 5
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 this tactical harmonic pattern indicator then you will know its power.
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/p...nario-planner/


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  • Post #3,274
  • Quote
  • Nov 15, 2019 7:10pm Nov 15, 2019 7:10pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Profitable Pattern Scanner Version 8.63 Released

For your information, Profitable Pattern Scanner is the powerful non repainting harmonic pattern and elliott wave pattern scanner for your forex trading.
As we have mentioned in our last post, we have released new upgrade to our Profitable Pattern Scanner. The latest version is 8.63 for Profitable Pattern Scanner now.
Our aim is to provide the better and more accurate trading tools and system on your hands. Nothing else is interfering with our goal. Therefore, we had added the improved pattern detection algorithm to our latest Profitable Pattern Scanner.
Please download version 8.63 of Profitable Pattern Scanner to win in your Forex trading.
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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  • Post #3,275
  • Quote
  • Nov 16, 2019 4:18am Nov 16, 2019 4:18am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
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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  • Post #3,276
  • Quote
  • Nov 16, 2019 5:59pm Nov 16, 2019 5:59pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Supply and Demand Zone with Harmonic Pattern Indicator

Supply and Demand Zone are the most important concept for your trading. Supply and Demand zone can be effectively combined with Harmonic Pattern Indicator to improve your trading performance. This is not about the number but about geometry. Your ability to combine these geometry together with Harmonic Pattern Indicator can typically form the secret trading recipes for your successful career. Here is the list of Supply and Demand Zone Indicator that can go together with your harmonic pattern indicator.
Mean Reversion Supply Demand
Classic supply and demand zone indicator. This tools is the great to produce highly accurate supply and demand zone.
https://www.mql5.com/en/market/product/16823
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/p...supply-demand/
Ace Supply Demand Zone
This is also great supply and demand zone tool extending the ability of Mean Reversion Supply Demand. What is even better? This is non repainting one. This is the great tool for different level of trader.
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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  • Post #3,277
  • Quote
  • Nov 17, 2019 3:56am Nov 17, 2019 3:56am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
How to Change Renko Brick Size in Smart Renko

In Renko Chart, Renko brick size is the most important control variable in your trading. You have a choice of brick size. However, it is typically recommended to use multiple of 10 or 5 as the choice. For example, you can use following brick size depending on the size of price range in your chart.
Recommended brick size: 20 pips, 25 pips, 50 pips, 100 pips, 200 pips, 2000 pips, 20000 pips, etc.

If you have a math background and if you do understand standard deviation, it is good to guess these numbers around 1 standard deviation. This is just some idea for your trading.

For some futures, commodities, Stock price, you need to have 1 or 2 more zeros in your brick size in comparison to Forex market. Just do some experiment to find the suitable and sensible brick size for your trading.
This Renko tools are available in both Smart Renko and Price Breakout Pattern Scanner. Hence this article applies to Smart Renko and Price Breakout Pattern Scanner.
For MetaTrader 4 users, to calculate bricks, you have to download historical data before using our Smart Renko chart.

* Below is link to Smart Renko
https://www.mql5.com/en/market/product/9911
https://www.mql5.com/en/market/product/9944
https://algotrading-investment.com/p...m/smart-renko/

* Below is link to Price Breakout Pattern Scanner
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

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  • Post #3,278
  • Quote
  • Nov 17, 2019 7:03pm Nov 17, 2019 7:03pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
Trading Price Patterns

Advanced Price Pattern Scanner and Price Breakout Pattern Scanner are the powerful tools to trade with Price Patterns. To improve its trading performance, you might use other technical indicators to assist your trading decision. However, you can also use Peak Trough Analysis tool together.
I use this Peak Trough Analysis together with Advanced Price Pattern Scanner and Price Breakout Pattern Scanner. I basically try to find the intersection or overlapping of the patterns detected by indicator and by peak trough analysis. This approach hybridizes the price pattern trading. This approach can help to detect the true breakout direction.

Here is the download link for the free Peak Trough Analysis Tool for MetaTrader 4 and MetaTrader 5. They are absolutely free. Make sure to spend some time on Peak Trough Analysis tools to get comfortable with them.

https://www.mql5.com/en/market/product/23797
https://www.mql5.com/en/market/product/22420
https://algotrading-investment.com/p...analysis-tool/

Below are the links to Advanced Price Pattern Scanner.
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678
https://algotrading-investment.com/p...ttern-scanner/

Below are the links to Price breakout Pattern Scanner
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

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  • Post #3,279
  • Quote
  • Nov 18, 2019 4:14am Nov 18, 2019 4:14am
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
List of Features for Harmonic Pattern Indicator

We provide the harmonic pattern indicator with multiple of built in features. These features are powerful in helping you to trade with better accuracy.
If you need to accurately predict the turning point of the market, then Harmonic Pattern Plus is the best tool in its kind. With our own research, our Harmonic Pattern Plus uses the precision harmonic pattern trading as its default trading strategy with Pattern Completion Interval, Potential Continuation Zone and Potential Reversal Zone. Yet, there are many other powerful features built in together for your superb trading experience.

List of Features for Harmonic Pattern Indicator.

  1. 11 Harmonic Pattern Detection
  2. Automatic stop loss and take profit recognition for superb risk management
  3. Pattern Completion Interval for precision trading
  4. Potential Continuation Zone detection for future price prediction
  5. Potential Reversal Zone detection for Point D identification
  6. Automatic Channel Detection to go with Harmonic Pattern (Optional)
  7. Multiple timeframe Pattern Analysis
  8. Multiple timeframe Pattern Detection
  9. Guided Trading Instruction for professional traders
  10. Pattern Locking and Unlocking feature in your chart
  11. Even more, please find it out.

Below is the direct link to the information page:
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/p...-pattern-plus/


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  • Post #3,280
  • Quote
  • Nov 18, 2019 6:10pm Nov 18, 2019 6:10pm
  •  auto9817
  • | Commercial Member | Joined Aug 2008 | 6,829 Posts
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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