Price Breakout Pattern Scalper EA For Free

EURUSD Market Outlook
In continuation to our last post about EURUSD, EURUSD is currently in the halfway inside rising wedge pattern.
For your information, I have marked several important levels in this chart including:

1. previous week median
2. previous open price
3. H1 demand zone
4. H4 demand zone

https://www.mql5.com/en/users/financ...eller#products
http://algotrading-investment.com/

Update News on Pair Trading Station
We are currently making some new update on the Pair Trading station.
In the new version 6.2, we have added three graphic inputs to help you to adjust the display panel to your chart. Use these three inputs when the display panel is not fit to your chart.
The version 6.2 is now available on algotrading-investment.com. The update is in processing stage in mql5.com.
All our update for MT4/MT5 products are free of charge. Please make sure that you are using the latest version.
If you are looking for the powerful trading system, feel free to visit our website.
http://algotrading-investment.com/
https://www.mql5.com/en/users/financ...eller#products

How to use the Modified Fractal Mode for your peak trough analysis.
There is always balance (trade off) in this world. Do not get frustrated with this because it is the universal law. Simply nothing is perfect in this world.
Assuming that you understood this principle, here are some information on how to use the peak trough analysis in two different mode.
Zigzag mode of the peak trough analysis can help you to detect the peak and trough without lagging but the fast detection will trade off with redrawing or repainting signals. Many traders know this already but I am just repeating this for someone new.
Instead, you can use the modified Fractal mode of the peak trough analysis if you do not like the repainting signal. The modified Fractal mode of the peak trough analysis will never redraw or repaint.
However, the modified fractal mode will detect peak and trough slow and it will lag. Also the modified fractal mode will show you more peak and trough for your analysis. Therefore, you have to filter many insignificant peaks and troughs by yourself. In a way, Zig Zag mode is convenient.
Which one you want to use for the peak-trough analysis is entirely up to you. It is really depending on your trading style.
The peak trough analysis is the ultimate tool that you can study the financial market with dominating price patterns of equilibrium Fractal Wave process. You can do many things in terms of pattern detection. See the screenshot to understand what is the equilibrium Fractal wave process.
Equilibrium fractal wave process is literally the frequently occurring price patterns in the financial markets last 85 years for some very reason. If you like to dig deeper on how to trade with these price patterns beyond the simple peak trough analysis, you can read this book:
"Price Action and Pattern Trading Course: Theory to Practice with over 85 years of Evidence" (Link on Amazon: https://www.amazon.com/dp/B073T3ZMBR)
Currently this is only book covering the full details about the equilibrium fractal wave process. It also covers the practical trading strategy on how to trade with these frequently repeating price patterns in the financial markets.
This is not an adverts for the book. If you do not want to read, it is absolutely fine. We do not make money out of selling the book. Peak Trough Analysis tool is also free tool too. Please understand that writing book with over 240 pages is really not easy. We only point this out just in case someone want to know some reference source to fully understand what are the equilibrium fractal wave process and the price patterns in the financial markets and how we trade with these patterns. Of course, if you have the solid understanding on how the financial market move, then you can trade better too. That is the whole idea behind this book.
https://www.mql5.com/en/market/product/23797
https://www.mql5.com/en/market/product/22420
http://algotrading-investment.com/po...analysis-tool/

Product Update News
The following products have been updated on mql5.com.
Harmonic Pattern Plus Version MT4 9.9:
https://www.mql5.com/en/market/product/4488
Harmonic Pattern Plus Version MT5 9.9:
https://www.mql5.com/en/market/product/4475
Mean Reversion Supply Demand MT4
https://www.mql5.com/en/market/product/16851
Mean Reversion Supply Demand MT5
https://www.mql5.com/en/market/product/16823
Please download the latest version. All the update is free of charge for our MT4/MT5 products.

New Version 9.9 is available for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner
As we have mentioned in our earlier post, now you can control pattern precision for overall pattern matching accuracy and for each point XABCD. See the screenshot on how to control the pattern matching accuracy for the two approaches. Especially, the pattern completion interval is directly related to the pattern matching accuracy for individual point. For example if you set minimum pattern matching accuracy for each point to 85%, then you will see the bigger pattern completion interval (15% upper and lower limit) comparing to the 90% minimum pattern matching accuracy error. Feel free to test these in the history patterns to find out the best setting for you.
Version 9.9 are available on both Algotrading-Investment.com and mql5.com.
Download the latest version 9.9 for the best performance from Algotraidng-Investment.com. All our update for MT4/MT5 products are free of charge.

Harmonic Pattern Plus Version 9.9:
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner Version 9.9
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
On Algotrading-Investment.com
http://algotrading-investment.com/po...-pattern-plus/
http://algotrading-investment.com/po...nario-planner/

Pair Trading Station Version 6.2
New update for our Pair Trading station version 6.2 is now available for Meta Trader 5 version on mql5.com.
In the version 6.2, you can adjust the size of the display panel when the display panel does not fit to your chart. See the screenshot how to control the display panel.
https://www.mql5.com/en/market/product/3304
http://algotrading-investment.com/po...ading-station/
For MT4 version it was not released yet from mql5.com. So please wait some more days.

I never have been a fan of EA in my whole life, but this is one that really looks cool and can bring solid rewards too. I have great room to try all these things with OctaFX broker places like cTrader and Champion demo contests where one is able to win huge prizes and try this type of stuff with confidence. But again, EA is not a sort of thing which everyone will like or find working, as there are many things that you need to look at.

How to Filter out the Pattern with Low Pattern Matching Accuracy
This article is applicable to both Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Here is how to filter out the pattern with low pattern Matching accuracy or what you might call as bad patterns.
We offer two options to filter out bad patterns. Firstly you can use the pattern matching accuracy averaged over all five points. Secondly, you can use the pattern matching accuracy for each point. Why we give the two options ? Imagine that you have a BAT pattern with pattern matching accuracy averaged over all five points is 92% (8% MAPE). Although 92% is good accuracy, the particular points among the five points may be not as accurate as the other points.
For example, even if the pattern matching accuracy at Point C is 75%, the pattern can be still qualified when we average the pattern matching accuracy over all the five points. It is because some exceptionally good pattern matching accuracy value at point XABD can offset the 75% low pattern matching accuracy at Point C. But are we satisfied with the accuracy at Point C ?
For this reason, we have included the option for you to control the pattern matching accuracy of individual point. In our Harmonic Pattern Plus and Harmonic Pattern Scenario Planner, the detected patterns need to meet the pattern matching accuracy for these two criteria. So you can filter out bad patterns more precisely by combining these two inputs.
To actually control the pattern matching accuracy, go to your Input setting and then set the minimum Pattern Matching Accuracy for your trading (see the screenshot).
In the screenshots, we have set to 0.9 (90%) for the pattern matching accuracy averaged over all five points. We have set to 0.85 (85%) for the pattern matching accuracy for each point. The pattern completion interval comply with the pattern matching accuracy for each point. Remember that you can always control your stop loss size independently.
Typically you can set the minimum pattern matching accuracy over 80% according to your preferences. Remember that if you set the Pattern Matching accuracy too high, then you will not have many patterns to trade.
For your information, Pattern Matching Accuracy = 1 - MAPE (Mean Absolute Percent Error) in our Harmonic Pattern Plus (and Harmonic Pattern Scenario Planner).
Enjoy all the advanced features in our Harmonic Pattern Plus and Harmonic Pattern Scenario Planner for your superb trading performance. Below are the links for the Harmonic Pattern Plus and Harmonic Pattern Scenario Planner.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
http://algotrading-investment.com/po...-pattern-plus/
http://algotrading-investment.com/po...nario-planner/

Price Action and Pattern Trading Course
Algotrading-Investment.com offers the fully dedicated training for the Price Action and Pattern Trading course. With our training, you have the chance to learn the practical trading strategy from the author of the Price Action and Pattern Trading Course book.
You are more than welcome to read this book before joining the course but it is not compulsory. Throughout the training course, we will equip you with the most cutting edge trading strategy and discipline, you can not expect from other places. What is even better? We can help you to use the advanced trading strategies within one month for your live trading. Our training is efficient.
For example, how many of you might imagine that you could apply Elliott Wave Trading for your live account after 1 month training (check how efficient is our template and pattern approach towards the scientific Elliott wave counting) ? Well typically you would spend several months to some years to practice. With our template and pattern approach towards the scientific wave counting, you can start to apply Elliott Wave Trading on your live account after this 1 month intensive training. You will be also equipped with many other robust trading strategies including Harmonic Pattern Trading, Price Breakout Pattern Trading, Supply Demand Trading, Volatility trading within this intensive 1 month training. We have already successfully managed to turn many junior trader into full time trader with high confidence and good trading strategy.

https://www.amazon.com/dp/B073T3ZMBR

If you like to join our extensive training course, please fill this form and send us the scanned document or photographed one on [email protected]
http://algotrading-investment.com/20...-request-form/
Then we will send you the full timetable for your training course.
http://algotrading-investment.com/training-course/

Mean Reversion Supply Demand Version 3.7 Available to download
Please download the latest version 3.7 for your own goods. Version 3.7 have many powerful features for your advanced supply demand trading.
If you do not know how to download the latest version, here is how.
http://algotrading-investment.com/ho...your-products/
http://algotrading-investment.com/customers-mql5-com/
Here is the link to the Mean Reversion Supply Demand
https://www.mql5.com/en/market/product/16851
https://www.mql5.com/en/market/product/16823
http://algotrading-investment.com/po...ttern-scanner/

Filtering Harmonic Pattern by its Size
With Harmonic Pattern Plus or Harmonic Pattern Scenario Planner, you can filter out patterns by many means. For example, you can filter the Harmonic patterns by their pattern matching accuracy to the ideal pattern.
Additionally, you can filter the harmonic pattern by their size too. It is pretty simple. All you have to do is just to set the minimum pattern size.
See the screenshot for the location of the input to control the pattern size.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
http://algotrading-investment.com/po...-pattern-plus/
http://algotrading-investment.com/po...nario-planner/

Pair Trading Station MT4 Version 6.2 is released on mql5.com
Yes, the version 6.2 was released for MT5 version on mql5.com few days ago. Finally we have the version 6.2 in MT4 version.
Please make sure that you are download loading the latest version for your own good.

https://www.mql5.com/en/market/product/3304
https://www.mql5.com/en/market/product/3303
http://algotrading-investment.com/po...ading-station/

Free Peak Trough Analysis tool have been released

Before using the peak trough analysis tool properly, few things you might need to know. Price Pattern are complex for the financial market. What price patterns are there to make up the path of the price in the financial market? We have listed the potential price patterns you can encounter in the Financial market here and in the book too.

https://algotradinginvestment.wordpr...-wave-process/

Especially we have emphasized that the price patterns in Forex market are strongly dominated by the Pattern (2,5), (3, 5) and (4,5) in the table or mostly the Pattern in the fifth column in the table.

Unlike the Patterns made up with Wave process (i.e. the patterns in the column 2, 3 and 4), it is not easy to develop a straight forward predictive algorithm or model for the patterns made up from Fractal Wave process.

To deal with such a complex patterns for your trading, the Peak trough tool is effective.

Here are three important application for your trading at least you can conduct with this peak trough analysis.
1.Tradable Pattern Detection - Connect peaks to define the top envelop of the patterns and connect troughs to define the bottom envelops of the patterns.
2.Substantial scenario reduction in Elliott Wave Counting - the Peak trough analysis can help you to eliminate thousands of potential scenarios for your Elliott Wave counting in first place. Instead of considering any random price bar for your wave counting, just focus on the peak and trough presented by Peak-Trough Analysis. Save a lot of time and efforts for your wave counting.
3.Ratio analysis- Conduct ratio analysis between peaks and trough to detect repeating price patterns (You can use most of built in Fibonacci ration analysis tool in your trading platform.)

When you use the peak trough analysis, make sure that choosing the right technique between zig zag and modified fractal mode according to your styles.

The download link is here for Meta Trader 4:

https://www.mql5.com/en/market/product/23797

The download link is here for Meta Trader 5:

https://www.mql5.com/en/market/product/22420

You can also download it from Algotrading-Investment.com for sure:

http://algotrading-investment.com/po...analysis-tool/

Pure Algo Trading Signal Service

Our pure algo trading signal performance (100% automation) so far show us its steady performance in our live forward testing. In August, it ended up 2.35% (July 2017) after the 4.13% profit in the first month (June 2017). The drawdown was kept less than 4% in the last two months. It uses relatively small risk.

This trading system is based on pure algo (automated) trading principle. Yet, the algorithm operate on very different trading principle from the typical manual trading strategy. For example, It heavily uses the advanced statistical decision making and data mining at its core operation.

With this signal, we are aim to help your trading capital to grow 50% to 100% for one year period of time from the beginning of your subscription of this signal. Pure Algo Trading Signal use strict risk management for each trade and our trading strategy is only medium frequency trading. Therefore, it is not so sensitive to latency speed or copy speed. If you have lost a lot of money following high frequency trading signal, we will recommend you our pure Algo trading signal service.

We recommend this signal:
•if you do not have a time to trade
•if you do not have a time to learn how to trade
•if you have realistic profit goals for your investment from your past investment experience
•if you know that trading and investment involves some risk

Here is the link for our Pure Algo Trading Signal on Meta Trader Signal Service Market Place. You can directly subscribe to this signal if you want.

https://www.mql5.com/en/signals/103405

If you prefer the manual trading strategy, feel free to visit our website to find out the powerful trading tools and system for you.

https://www.mql5.com/en/users/financ...eller#products
http://algotrading-investment.com/

Simple Instruction of Mean Reversion Supply Demand
Mean Reversion Supply Demand is the powerful tool to trade trend reversal and breakout for traders.
Mean Reversion Supply Demand provide quite a lot of automation to detect significant zones and to identify stop loss and take profit targets. To do so, you will mostly work with the interactive features from your chart.
You can fine tuning your take profit and stop loss target from your chart without hassle of opening input setting again. You can do it directly from your chart by moving the position controller on your chart. The two positions controller can be used to set breakout target or reversal target for your convenience.
After all, when you want to have a clean chart again. Then just press “Z” button on your key board to delete automatic stop loss and target profit target box and automatic fibonacci retracement.
Market profile is the powerful tool built inside Mean Reversion Supply Demand to help their trading. It can be used often to confirm your reversal point in the price chart.
Here are the links for the mean reversion supply demand:
https://www.mql5.com/en/market/product/16851
https://www.mql5.com/en/market/product/16823
http://algotrading-investment.com/po...supply-demand/

Multiple Timeframe Pattern Analysis vs Multiple Timeframe Pattern Detection
Just to help some traders to clarify these two concepts, we post this article. Multiple Timeframe Pattern Analysis and Multiple Timeframe Pattern Detection seems pretty similar concept. But there are some important difference too.
Multiple Timeframe Pattern Analysis means that you are detecting patterns from another timeframe then you put the detected patterns all in the same chart to give you the bird eye view of the market for your trading.
Multiple Timeframe Pattern Detection is just a process of detecting the patterns across different timeframe. One chart can only display the patterns detected from each time frame. You can not put all the patterns in one signal chart to have a bird eye view.
Which way is preferred for you, with our Harmonic Pattern Plus and Harmonic Pattern Scenario planner, you can have both Multiple timeframe Pattern Analysis and Multiple Timeframe pattern detection. Also our Price Breakout Pattern Scanner support for Multiple Timeframe pattern analysis too for now.
See the screenshot below for better understanding.
Links below are for the harmonic Pattern Plus and Harmonic Pattern Scenario planner from mql5.com and algotrading-investment.com.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
http://algotrading-investment.com/po...-pattern-plus/
http://algotrading-investment.com/po...nario-planner/

EURUSD Market Outlook
Here are the outlook of EURUSD in term of Pattern analysis.
The recent upwards movement made few notable rising wedge patterns.
It makes up easy for us to guess its next movement. Next brick level is shown in the screenshots.
https://www.mql5.com/en/users/financ...eller#products
http://algotrading-investment.com/

How to update our Products when we have released new version
All our update for MT4/MT5 products are free of charge. when you want to get update with our products, there are two different cases.
Case 1, you have bought our products from mql5.com (through your Meta Trader terminal)
Case 2, you have bought our products from Algotrading-Investment.com (through our website)
Whichever case you are in, you will get the identical products. But the ways of updating can be different.

1. Case 1: It is best to visit this page: http://algotrading-investment.com/in...ased-mql5-com/
2. Case 2: It is best to visit this page: http://algotrading-investment.com/ho...your-products/

If you still do not know how to update, please feel free to contact us at:
[email protected]
If you are looking for powerful trading system, then you can visit our website always.
http://algotrading-investment.com/
https://www.mql5.com/en/users/financeengineer/seller#products

Turning Point Detector Demo Video released for EURUSD

We have released new demo video for the Turning Point Detector.

In this video, we have put Bollinger bands together with Market Profile.

If you are interested in mean reversion trading strategy, please feel free to watch this simple demo video on YouTube channel. Link is below:



If you are looking for any powerful trading system, please visit our website.

https://www.mql5.com/en/users/financ...eller#products
http://algotrading-investment.com/

Double Harmonic Volatility Indicator Monthly and Weekly Mode -Demo Video released
This is one of the several modes you can run with Double Harmonic volatility Indicator.
Jut like two Gann's Angle ( or Gann's Fan) can be used together, you can use both weekly and monthly Harmonic Volatility line for your trading at the same time. Remember that in the first week of the month, you will only see one Harmonic Volatility Lines because weekly and monthly volatility lines are starting at the same price.

Here are the links for Double Harmonic Volatility Indicator. Enjoy the power of the volatility trading.
https://www.mql5.com/en/market/product/23779
https://www.mql5.com/en/market/product/23769
http://algotrading-investment.com/po...ity-indicator/