Price Breakout Pattern Scalper EA For Free

EURUSD Market Outlook-22 March 2019
EURUSD is falling for another day. As we have mentioned, EURUSD hit the critical resistance level at mid term. Even more, overall market is bearish too.
https://algotrading-investment.com/
https://www.mql5.com/en/users/financ...eller#products

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.
Hope this less is helpful for junior traders.
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http://algotrading-investment.com/po...-pattern-plus/
http://algotrading-investment.com/po...nario-planner/

Imagine this was your money, thanks for backtesting.

Powerful Use of Potential Continuation Zone with Harmonic Patterns
Potential Continuation Zone was introduced first in the book: Guide to Precision Harmonic Pattern Trading: Mastering Turning Point Strategy for Financial Trading by Young Ho Seo. Here we will show you how to improve your Harmonic trading marginally using this powerful PCZ concept.
As it was shown in the book, good harmonic patterns for your trading have a well balanced Potential Continuation Zone and Potential Reversal Zone. Typically harmonic patterns with good spread of PCZ levels will help your trading immensely. In this technique, you will be looking at those harmonic patterns in higher timeframe first. Then lock the pattern in your chart. Now change your timeframe to lower like M30 or H1 or H4, etc.
You will wait for the formation of Harmonic pattern near the PCZ level of higher timeframe. Once you have found the harmonic pattern near PCZ level, then there is potential entry for you. You will be triggered when the price crosses the PCZ level and you will trade in the direction of Harmonic pattern in lower timeframe.
This is one of the technique you can trade with Potential Continuation zone. If the formation of harmonic pattern in lower timeframe coincide with Potential Reversal Zone of higher timeframe, you can still make the same trading decision as I have described before.
With this technique, your accuracy of harmonic trading will increase marginally. This technique works well because you have good grab of market insight in both higher and lower timeframe.
Here is further tip when you are using Harmonic Pattern Scenario Planner. In this case, you will follow step 1, 2 and 3 in the screenshot. With Harmonic Pattern Scenario Planner, you can predict potential harmonic pattern formation in advance in lower timeframe. So you could anticipate at which level you will be trading before other trader. Prediction future harmonic pattern is real good stuff from Harmonic Pattern Scenario Planner.
As it was mentioned in the book: Guide to Precision Harmonic Pattern Trading, your best harmonic pattern trading opportunity will appear when you blend the three concepts well in your trading including Potential Reversal Zone (Scott Carney), Potential Continuation Zone (Young Ho Seo) and Pattern Completion Interval (Young Ho Seo).
We hope you to become truly incredible trader with our cutting edge trading technology.
Below is link to our website:
https://algotrading-investment.com
https://www.mql5.com/en/users/financ...eller#products

This is exactly I do not recommend EA to any trader until he understood the garbage in and garbage out principle.

Behind the growth curve, there are a lot of its own mechanism accounting for real world profit but also for the discrepancy from real world profit too (i.e. false profit curve).

This is about whole statistics and math stuff like curve fitting, sample selection, result validation, walk forward, walk back ward, black swan, etc.

Why do you have to go through all this painful study to just make buy and sell decision ??? Who would spend countless hours of teaching to those to trader either unless they do self study ?

Although several of our system passed at least 1 year of live forward testing with success, the knowledge barrier and education time just makes hard to populate the EAs.

Honestly, I much prefer to say that EA is really specialized product for people. EA is not for layman.

Instead, we are more active on the trade as you see scheme like Price Action and Pattern Trading.

EA is black box and it is hard to align with your intuition often.

Reading the price action and pattern from chart, where your intuition is aligned with your trading decision.

That is the way to go for most of trader. You trade as you understand the market.

Why Price Action and Pattern Trading
When I first started trading, that was some time ago when the very first version of MetaTrader 4 was released. At that time, I used both manual trading and expert adviser, as I was a curious beast. After some months of learning popular technical indicators and charting techniques at that time, I tested my knowledge in real world market for the first time in Forex trading. I was light minded and all I thought was that I would just use the most basic techniques I learnt.
Just as if many starters do, I also had some beginner’s luck. In the 20 trades in one day, I got around 17 trades produced the correct buy and sell decision. As the great fan of statistics, math, and polymath, I know that the figure 17 out of 20 is not a random number.
Ironically, I was not able to produce similar results following days. From next days, I was probably disturbed with several minds like those that I will become rich soon if I maintain this high success rate, etc. I could not concentrate on my trading. When I look back all this, this was the typical beginner’s thought anyway. Even though this was happened over 10 years ago, still I considered this as one of very important lessons in my life.
I am very much analytical person. I gave a lot of thought on the incidence where I got 17 correct predictions out of 20. Therefore, I started to think about the main ingredients of this event. It was the chart as my decision was merely the reaction against the price action in my chart. That is to say that my intuition does most of work to figure out the decision. It was not technical indicators (I guess they supported my decision up to some degree but not the main ingredients) though but it was rather entire candlesticks drawn in charts.
After intensive research, I found the closest and most convincing term to describe what my intuition did. It was the price patterns. Subconsciously, my brain was looking for certain geometry from chart to win in the market. Of course, not many people can manipulate subconscious in consistent manner including myself. To use the subconscious effectively, you have to bring the subconscious to the surface, i.e. conscious space. That is to say, that you need some training or tools to pick up the geometry like your brain does subconsciously.
You know that pattern recognition is the most accurate weapons we have and we use every day in our life. We use it to find out our friends, lover, enemy, good house, bad house, etc. For forex and stock trading, this is also the precious weapon to select good stocks and bad stocks to trade and to figure out potential bullish and bearish market as well as turning point. Price patterns in charts are aligned with your intuition for your trading. Fortunately, we have made many trials and errors of using this price patterns in the market to find out the best practical application. Here is one secret of best trading practice.
The very essence of best trading practice come down to one words, “superimposed pattern”. That is to say, that you make trading decision based on multiple of patterns aligned in chart to get the highest accuracy as possible (=superimposed pattern trading). This follows the typical wisdom taught in many trading schools and textbooks, “trade with multiple evidences”.
Geometry and patterns are not rocket science. Anyone can understand and use them for your trading. Some example of superimposed pattern trading principle and some recipes are introduced in my book.
https://algotrading-investment.com/p...ttern-trading/
https://algotrading-investment.com/p...ttern-trading/
Here is the great range of tools for your Price Action and Pattern Trading we have developed for your winning trading.
https://algotrading-investment.com/our-products-list/

Simple Introduction to Excessive Momentum Indicator
Excessive Momentum Indicator provides you the ability to trade with excessive momentum. We put this as simplest as possible for you. But later we will develop another more sophisticated introduction of Excessive Momentum Indicator in the separate article.
Let us start this simple introduction. Firstly, understand that excessive momentum could possibly point out some anomaly movement or anomaly momentum in the market. To help your understanding, you can consider the insufficient momentum (i.e. exceptionally low volatility market) as the opposite sense against excessive momentum. Excessive momentum indicator provides the direct way of measuring the excessive momentum in your chart.
The indicator will inform you the C and D complete levels (fixed levels for your trading.). At simplest, you can take this level C and Level D as the potential breakout as in support or resistance. Please this check this screenshot. This is not a rocket science. The simple method every trader can use to profit from the market. Since this is the simple introduction, we will just leave the explain as simple as possible. In more advanced introduction, you will understand the four phase of Excessive Momentum + how to use them for your trading.

https://algotrading-investment.com/p...tum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621

Great MetaTrader (MT4/MT5) Indicator for your trading
Here is the list of great MetaTrader indicators you can consider to use for your trading. You can use the single indicator or you can combine multiple of indicators. We design our indicator in such a way that you can combine for better accuracy and better profitability always.
1. Advanced Price Pattern Scanner
Advanced Price Pattern Scanner for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...ttern-scanner/
2. Harmonic Pattern Plus
Harmonic Pattern Indicator for Metatrader (MT4/MT5)
https://algotrading-investment.com/p...-pattern-plus/

3. Harmonic Pattern Scenario Planner
Harmonic Pattern Scanner for Metatrader (MT4/MT5)
https://algotrading-investment.com/p...nario-planner/

4. Optimal Turning Point Pattern Scanner
Non Repainting Harmonic Pattern Scanner, Metatrader
https://algotrading-investment.com/p...ttern-scanner/

5. Mean Reversion Supply Demand
Supply/Demand Metatrader (MT4/MT5) Indicator
https://algotrading-investment.com/p...supply-demand/
6. Price Breakout Pattern Scanner
Price Pattern Scanner for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...ttern-scanner/

New Version of Advanced Price Pattern Scanner is coming soon
Our Advanced Price Pattern Scanner is a brand new pattern scanner for falling wedge, rising wedge, ascending triangle, descending triangle, double top, double bottom, cup and handle patterns, etc.
We are currently improving the pattern detection algorithm for our Advanced Price Pattern Scanner. Please stay tuned for further announcement. New version will be with you in next few days.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678

Great MetaTrader (MT4/MT5) Indicator for your trading
Here is the list of great MetaTrader indicators you can consider to use for your trading. You can use the single indicator or you can combine multiple of indicators. We design our indicator in such a way that you can combine for better accuracy and better profitability always.

Elliott Wave Trend
Elliott Wave Trend is a MetaTrader indicator designed for turning point and trend analysis in elliott wave identification and prediction.
https://algotrading-investment.com/p...tt-wave-trend/

Excessive Momentum Indicator
Excessive Momentum Indicator is advanced momentum trading indicator designed to detect potential trading opportunity attributed by market anomalies.
https://algotrading-investment.com/p...tum-indicator/

Precision Support Resistance
Precision Support Resistance is an advanced Support and Resistance Indicator for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...rt-resistance/

Equilibrium Fractal Wave Analytics
Equilibrium Fractal Wave Analytics is an Advanced Fractal Wave Indicator for MetaTrader (MT4/MT5).
https://algotrading-investment.com/p...ave-analytics/

EFW Pattern Trader
Non Repainting Harmonic Pattern Scanner for Metatrader (MT4/MT5). Historical patterns are not available.
https://algotrading-investment.com/p...attern-trader/
Pair Trading Station
Pair Trading Station is the Advanced Pair Trading Scanner for MetaTrader (MT4/MT5) and Fully computerized algo trading tool.
https://algotrading-investment.com/p...ading-station/
Turning Point Detector
Turing Point Detector is an advancedTurning Point Indicator for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...oint-detector/

Volume Spread Pattern Indicator
Volume Spread Analysis Indicator for MetaTrader (MT4/MT5) with supply and demand logic.
https://algotrading-investment.com/p...ern-indicator/

Advanced Price Pattern Scanner Version 6.5 Released
We have just released our Advanced Price Pattern Scanner Version 6.5. This is one of the best price pattern scanner in the market with following features.
1. Detect all the available price patterns at the same bar. - Most of pattern scanner only show one pattern at one bar. This one is different. You will be able to see all the influencing price patterns available on the same bar. Hence you can improve your chance to win.
2. The price pattern scanner is non repainting. All the patterns you saw in your chart can be traced back from historical patterns (just click over numbered circle in indicator window).
3. Even if price patterns are old and outside your sight but if they can influence in your current trading, then it will automatically remind you the old patterns (= Forward pattern detection mode. You can switch this option on and off from your input setting). How great is this ? You can think less now.
4. It can also detect advanced patterns like Cup and handle patterns with high success rate.
Please download the latest version 6.5 for the best performance possible. This is great metatrader price pattern scanner for all trader.
Here are the direct links for Advanced price Pattern Scanner.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678

EURUSD Market Outlook-25 March 2019
Here is some automatic analysis generated from Advanced Price Pattern Scanner. Market is in general pretty bullish. The future price of EURUSD will mind this support and resistance marked in chart. Please be aware of them. I got this two patterns from both H1 and H4 timeframe each. Just lock the pattern in H1 timeframe, then change to H4 timeframe for multiple timeframe pattern analysis. This is typical GUI we used for Harmonic pattern plus and price breakout pattern scanner. You should be fine.
https://algotrading-investment.com/portfolio-item/advanced-price-pattern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678

Great MetaTrader Indicators - 25 March 2019
Here is the list of great MetaTrader indicators you can consider to use for your trading. Some of them are free tools. Totally free tools.
1. Auto Chart Alert
Auto Chart Alert is free Chart Tool for MetaTrader (MT4/MT5). You will get alert for custom trend line drawn in your chart.
https://algotrading-investment.com/p...o-chart-alert/

2. Smart Renko
Smart Renko indicator is an Advanced Renko Charts Indicator for MetaTrader (MT4/MT5).
https://algotrading-investment.com/p...m/smart-renko/
3. Volume Spread Pattern Detector
Free Volume Spread Analysis Indicator for MetaTrader (MT4/MT5) with supply and demand logic.
https://algotrading-investment.com/p...tern-detector/
4. Peak Trough Analysis Tool
Peak Trough Analysis tool is a Free Fractal Indicator for MetaTrader (MT4/MT5). Great for price pattern detection, elliott wave counting, price action trading.
https://algotrading-investment.com/p...analysis-tool/

5. Harmonic Volatility Indicator
Harmmonic Volatility indicator is an Advanced Volatility indicator with MetaTrader (MT4/MT5) applying fibonacci patterns to volatility.
https://algotrading-investment.com/p...ity-indicator/

Get Notified When Price Pattern is out of Your Sight - New Article Released
We have just released new article for our Advanced Price Pattern Scanner. Please read this article to maximize your profit with price patterns.
https://algotrading-investment.com/2...of-your-sight/
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678

Great MetaTrader Indicator List 2019
Here is the great collection of MetaTrader Indicator List for 2019. You can use the single indicator or you can combine multiple of indicators. We design our indicator in such a way that you can combine for better accuracy and better profitability always. We provide the short description only for this.

1. Advanced Price Pattern Scanner
Advanced Price Pattern Scanner for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...ttern-scanner/
2. Harmonic Pattern Plus
Harmonic Pattern Indicator for Metatrader (MT4/MT5)
https://algotrading-investment.com/p...-pattern-plus/
3. Harmonic Pattern Scenario Planner
Harmonic Pattern Scanner for Metatrader (MT4/MT5)
https://algotrading-investment.com/p...nario-planner/
4. Optimal Turning Point Pattern Scanner
Non Repainting Harmonic Pattern Scanner, Metatrader
https://algotrading-investment.com/p...ttern-scanner/
5. Mean Reversion Supply Demand
Supply/Demand Metatrader (MT4/MT5) Indicator
https://algotrading-investment.com/p...supply-demand/
6. Price Breakout Pattern Scanner
Price Pattern Scanner for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...ttern-scanner/

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://algotrading-investment.com/p...tt-wave-trend/

8. Excessive Momentum Indicator
Excessive Momentum Indicator is advanced momentum trading indicator designed to detect potential trading opportunity attributed by market anomalies.
https://algotrading-investment.com/p...tum-indicator/

9. Precision Support Resistance
Precision Support Resistance is an advanced Support and Resistance Indicator for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...rt-resistance/

10. Equilibrium Fractal Wave Analytics
Equilibrium Fractal Wave Analytics is an Advanced Fractal Wave Indicator for MetaTrader (MT4/MT5).
https://algotrading-investment.com/p...ave-analytics/
11. EFW Pattern Trader
Non Repainting Harmonic Pattern Scanner for Metatrader (MT4/MT5). Historical patterns are not available.
https://algotrading-investment.com/p...attern-trader/
12. Pair Trading Station
Pair Trading Station is the Advanced Pair Trading Scanner for MetaTrader (MT4/MT5) and Fully computerized algo trading tool.
https://algotrading-investment.com/p...ading-station/
13. Turning Point Detector
Turing Point Detector is an advancedTurning Point Indicator for MetaTrader (MT4/MT5)
https://algotrading-investment.com/p...oint-detector/
14. Volume Spread Pattern Indicator
Volume Spread Analysis Indicator for MetaTrader (MT4/MT5) with supply and demand logic.
https://algotrading-investment.com/p...ern-indicator/
15. Harmonic Volatility Indicator
Harmmonic Volatility indicator is an Advanced Volatility indicator with MetaTrader (MT4/MT5) applying fibonacci patterns to volatility.
https://algotrading-investment.com/p...ity-indicator/

GBPUSD Market Outlook-26 March 2019
Market is pretty moderate and it is slight lean towards bullish. GBPUSD is also moderate bullish too. Some important resistance and support are shown in the screenshot.
https://algotrading-investment.com/
https://www.mql5.com/en/users/financ...eller#products

EURUSD Market Outlook-26 March 2019
EURUSD broke out of triangle but in bearish direction. Now the PRZ are the most important zone to watch out. Be cautious.
https://algotrading-investment.com/2...tor-list-2019/
https://www.mql5.com/en/users/financ...eller#products

EURUSD Market Outlook 2- 26 March 2019
EURUSD gone down for another 20 pips but still hanging around the Potential Continuation Zone. Having said that EURUSD is not volatile symbol at the moment. It is in fact JPY which is most attentive for now.
Do not forget to check the great MetaTrader indicators for 2019 below.
https://algotrading-investment.com/2...tor-list-2019/
https://www.mql5.com/en/users/financ...eller#products

Advanced Price Pattern Scanner Version 6.5 Released
We have just released our Advanced Price Pattern Scanner Version 6.5. This is one of the best price pattern scanner in the market with following features.
1. Detect all the available price patterns at the same bar. – Most of pattern scanner only show one pattern at one bar. This one is different. You will be able to see all the influencing price patterns available on the same bar. Hence you can improve your chance to win.
2. The price pattern scanner is non repainting. All the patterns you saw in your chart can be traced back from historical patterns (just click over numbered circle in indicator window).
3. Even if price patterns are old and outside your sight but if they can influence in your current trading, then it will automatically remind you the old patterns (= Forward pattern detection mode. You can switch this option on and off from your input setting). How great is this ? You can think less now.
4. It can also detect advanced patterns like Cup and handle patterns with high success rate.
Please download the latest version 6.5 for the best performance possible. This is great metatrader price pattern scanner for all trader.
Here are the direct links for Advanced price Pattern Scanner.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678

Advanced Price Pattern Scanner Version 6.5 Released
We have just released our Advanced Price Pattern Scanner Version 6.5. This is one of the best price pattern scanner in the market with following features.
1. Detect all the available price patterns at the same bar. – Most of pattern scanner only show one pattern at one bar. This one is different. You will be able to see all the influencing price patterns available on the same bar. Hence you can improve your chance to win.
2. The price pattern scanner is non repainting. All the patterns you saw in your chart can be traced back from historical patterns (just click over numbered circle in indicator window).
3. Even if price patterns are old and outside your sight but if they can influence in your current trading, then it will automatically remind you the old patterns (= Forward pattern detection mode. You can switch this option on and off from your input setting). How great is this ? You can think less now.
4. It can also detect advanced patterns like Cup and handle patterns with high success rate.
Please download the latest version 6.5 for the best performance possible. This is great metatrader price pattern scanner for all trader.
Here are the direct links for Advanced price Pattern Scanner.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678