Price Breakout Pattern Scalper EA For Free

New Article Released – Support and Resistance Trading with Turning Point Probability

We have released one of the important article for your practical trading in Forex and Stock market. Please make sure to read this article to enhance your trading performance. This article explains how to use Support and Resistance (i.e. geometric regularity) with Turning Point Probability (i.e. statistical regularity).
More articles will be followed shortly. Then enjoy this free articles for your trading education.
https://algotrading-investment.com/2...t-probability/
https://algotrading-investment.com/2...ing-education/

The turning point probability is a powerful tool that you can use it as both reversal trading or breakout trading within your technical analysis. You can watch this YouTube video titled as “Breakout Trading vs Reversal Trading (Turn Support & Resistance to Killer Strategy)” in this link below to get some hands on practice with breakout and reversal trading opportunity with Support and Resistance Technical Analysis.
YouTube Video Link:

Below is the landing page for Fractal Pattern Indicator for MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/44539
https://www.mql5.com/en/market/product/44538
https://algotrading-investment.com/p...ern-indicator/
Below is the landing page for Optimum Chart. Optimum Chart can scan the turning point probability across all timeframes + all symbols.
https://algotrading-investment.com/2...optimum-chart/

Beat Corona Virus Together Discounts for MetaTrader

Since December 2019, we have observed the loss of lives due to this COVID-19 pandemic. Apart from this, COVID-19 has severely demobilized the global economy. Many of the affected countries have undergone the complete lock down. Life after the COVID 19 is tough for the entire society. We never knew that this will last this long.
During this Covid19 pandemic, we hope everyone is safe and well from this Corona Virus Crisis. We know this affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products.
Discounted price is shown in the screenshot for the following six products.

1. Ace Supply Demand Zone indicator
2. Advanced Price Pattern Scanner
3. Elliott Wave Trend
4. Price Breakout Pattern Scanner
5. Harmonic Pattern Scenario Planner
6. X3 Chart Pattern Scanner (=Profitable Pattern Scanner)

This discounted price is only available when you buy these products from mql5.com
The price will go back to the original price when the discounts ends. Please take the discounted price now while it last only.
https://www.mql5.com/en/users/financ...eller#products
https://www.algotrading-investment.com/
Here are some simple tips for you to stay safe from this Covid19 Crysis.

1. Don’t touch your face – Avoid touching your eyes, nose and mouth.
2. Don’t cough or sneeze into your hands – Cover your mouth and nose with your elbow or tissue when coughing or sneezing. Dispose of used tissue immediately.
3. Keep your distance – Maintain a distance of at least 2 meter from people who are coughing or sneezing.
4. Wash, wash, wash your hands
5. Finally, care the loved one.

fractal mockery, may be there are better puppets.

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. X3 Chart Pattern Scanner for MetaTrader 5
X3 Chart 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/

Forex Analysis done by the Artificial Intelligence Jane with the Supply Demand Analysis. This video provides the forex analysis you can use for your day trading with forex market. Make sure to subscribe to our YouTube Channel so you can receive immediate alert for new Forex Prediction upload.
YouTube:

Artificial Intelligence Does Technical Analysis for You. You can just seat back and enjoy the technical analysis presented by the robot. This video provides the forex analysis you can use for your day trading with forex market. Make sure to subscribe to our YouTube Channel so you can receive immediate alert for new Forex Prediction upload.
YouTube:

Impulse Wave Structural Score and Corrective Wave Structural Score

With the three tools including template, Fibonacci retracement and three wave rules, traders can identify the correct patterns to trade from their chart. We have provided six mechanical steps, which anyone can use to count waves in objective manner. Often, there are many traders focus more on fitting the wave counting to their chart. Fitting the wave counting can be useless unless every wave counting is accurate for every single label. For example, Figure 5-11 shows some complex wave labelling. Such a complex labelling can be often attempted by traders. The complex labelling does not results in high accuracy for your trading in general. Often the small error in the wave counting will be amplified later. Therefore, you will likely to override your counting repeatedly when the market does not move according to your wave counting. Complex labelling do not show your intellectual level either. For trading, we should aim to identify accurate pattern and avoid any complexity. Remember that in the financial market, the fractal geometry itself is not strict. In addition, financial market always have decent amount of random process going on. The random fluctuation will always contribute towards some unpredictable portion of the financial market. Therefore, we do not have to attempt labelling the wave for every single candle bar in our chart. Instead, we should try to use the most accurate pattern for our trading.
https://algotrading-investment.com/w...-to-chart..png
Figure 5-11: Example of complex wave counting fitted to chart.

Therefore, for better trading practice, we recommend “approach of the pattern detection” rather than “approach of fitting the wave counting”. We strongly emphasize not to use inaccurate wave counting for your decision-making. Instead, you can only rely on the wave patterns meeting certain quality for your trading. The question is how do we differentiate accurate pattern from inaccurate patterns? In order to assess the accuracy of wave patterns, we can revisit the pattern matching accuracy from the Harmonic Pattern. To recap what is the pattern matching accuracy in the case of Harmonic Pattern, it is the metrics showing how close our detected harmonic pattern matches to the perfect pattern made up from the ideal Fibonacci ratios. The concept of the pattern matching accuracy can be extended for the case of Elliott Wave counting too. Since three wave rules and the Fibonacci ratios provide the guideline for the quality of the pattern, we can incorporate such information into these error metrics as we did in the case of harmonic patterns:
https://algotrading-investment.com/w...-matching..png
Figure 5-12: Some possible Error Metrics for Elliott Wave pattern matching.

Once again, we can use the Mean Absolute Percent Error to quantify the pattern matching error for each Elliott Wave pattern.
https://algotrading-investment.com/w...ure-5-12_5.png
Pattern matching accuracy can be calculated simply using the following formula:
Pattern matching accuracy (%) = 100 – Pattern matching error (%).
For both impulse wave and corrective wave, we can name the pattern matching accuracy as the Impulse Wave Structural Score (IWSS) and Corrective Wave Structural Score (CWSS). Since the term “impulse” and “motive” are used interchangeably. One can call the Impulse Wave Structure Score to Motive Wave Structural Score too. Simply speaking, Impulse Wave Structural Score tells you how closely the identified impulse wave pattern matches to the structure of the ideal impulse wave pattern. Likewise, Corrective Wave Structural Score tells you how closely the identified corrective wave pattern matches to the structure of the ideal corrective wave pattern. To give you working example on using the impulse Wave Structural Score and Corrective Wave Structural Score, consider our previous example with two candidate peaks for wave 3. With first candidate peak, our calculation for impulse Wave Structural Score was 83.7%. With second candidate peak, our calculation for impulse Wave Structural Score was 95.5%. This number support our conclusion made from our six steps. From our experience, Wave Structural Score below 80% considered as poor quality. For the decision making for trading, it is advised to use the Wave Structural Score over 80%. If you have two or three alternative scenarios for your wave counting at least satisfying three wave rules, then you can always choose the scenario with maximum Wave Structural Score. What if you never find any wave patterns that meet over 80% of Wave Structural Score at best, then you should not trade. It is always much better not to trade than trading with inaccurate pattern.

https://algotrading-investment.com/w...omparison..png
Figure 5-13: Impulse Wave Structural Score comparison. Impulse Wave Structural Score on the left was calculated when the first peak is considered as wave 3. Impulse Wave Structural Score on the right was calculated when the second candidate peak is considered as wave 3.
About this Article
This article is the part taken from the draft version of the Book: Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave). Full version of the book can be found from the link below:
https://algotrading-investment.com/p...ttern-trading/

Elliott Wave Trend is the powerful metatrader indicator. It allows 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. You can watch this YouTube Video to feel how the Elliott Wave Indicator look like:

Here is the landing page for Elliott Wave Trend.
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/

Wave Process (Cycle)

https://algotrading-investment.com/w...the-table..png
Figure 7-1: Wave process is corresponding to price pattern (1, 2), (1, 3) and (1, 4) in the table.

Wave process is any cyclic patterns repeating in the fixed time interval. Two main references for Wave process can be found from Physics and Time series Analysis. Both references deal exclusively with periodic cycle of an object or a signal. However, they use different methodology to describe the periodic cycle. In physics, wave is the main term describing the periodic cycle of an object or a signal. In time series analysis, the term “Seasonality” is used to deal with seasonal fluctuations in the price series. In the Price Pattern Table (Figure 7-1), Wave Process covers both wave in Physics and seasonality in time series analysis. To better illustrate the Wave process, we provide simple description for Wave and Seasonality in this section.
In Physics, Wave can be described by three independent variables, which are frequency, wavelength and amplitude. Frequency is the number of waves passing a point in certain time interval. Scientists and engineers normally use a time of one second. Therefore, number of waves passing a point in 1 second is described by the unit called Hertz. 1 Hertz equals to one Wave per second. Wavelength is the distance from any point on one wave to the same point on the next wave along. Amplitude is the height of wave from the top of a crest to the centre line of the wave.

https://algotrading-investment.com/w...n-Physics..png
Figure 7-2: Description of Wave in Physics.

Normally textbook will show you a clean sine or cosine wave function to describe the property of wave. In the real world, the wave often consists of multiple cyclic components. For example, Figure 7-3 shows the synthetic multiple cycles built by adding three Sine Wave Functions: Sine (2x) + Sine (13x) + Sine (30x). Many real world signals can have more complex cyclic structure than this example. In addition, many real world signal will exhibit decreasing or increasing amplitude to make your analysis more difficult as shown in Figure 7-4.

https://algotrading-investment.com/w...-Sine-30x..png
Figure 7-3: Synthetic Cyclic Function of Sine (2x) + Sine (13x) + Sine (30x).
https://algotrading-investment.com/w...amplitude..png
Figure 7-4: Synthetic Cyclic Function with increasing amplitude.

In time series analysis, seasonal fluctuation is described with smoothing factor gamma and previous seasonal level. Alternatively, one can use multiple regression with dummy variable or artificial intelligence techniques for the same task. Figure 7-5 shows typical annual seasonal fluctuations in the data. This type of series can be modelling using either additive seasonality or multiplicative seasonality.

https://algotrading-investment.com/w...ce-series..png
Figure 7-5: Annual Seasonal fluctuations in the price series.

The ways to describe periodic wave in physics and in time series analysis are different. However, in fact, two concepts are still the very same thing. The main difference of the seasonality from the periodic wave in Physics is that seasonality are normally assumed to have some common seasonal period in calendar like hourly, daily, monthly or quarterly. Although modelling methodology might differ, the seasonality can be detected with Fourier Transformation and periodogram equally well. One disadvantage of seasonality in time series is that the math become quite complex if we have to model multiple seasonality. For example, if we have more than three distinctive seasonal fluctuations in our data, say hourly daily, weekly and monthly, then it is quite difficult to model using seasonal exponential smoothing model. At the same time, multiple periodic cycles present in price series can be modelled readily with combination of sine and cosine curve with various amplitude and wavelength.

It is very difficult to observe any strong seasonality in Forex market data. It is probably because the currency markets are traded all years around with high trading volume. However, some weak form of seasonality might be observed from Stock market and commodity market. If any price series shows wave process (cycle), then it is important to define seasonal period, the time interval repeating its cycle. With the identified seasonal period, one can determine period where price stays below or above the seasonal average for your trading advantage. For example, in Figure 7-6, we can observe some bullish effect on April and December on S&P500 monthly data. It is rare for forex trader. However, there are still many group of traders looking for seasonality in Stock market.

https://algotrading-investment.com/w...struction..png
Figure 7-6: Seasonal Effects of the S&P 500 monthly price series. Seasonality was extracted from the central moving average construction.




About this Article
This article is the part taken from the draft version of the Book: Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave). Full version of the book can be found from the link below:
https://algotrading-investment.com/p...ttern-trading/

Fractal Pattern Scanner provides the way to measure the fractal cycles in forex and stock market data. In addition, the turning Point Probability and trend Probability can be measured with Fractal Pattern Scanner at every price action in your chart. For the simplest usage, Fractal Pattern Scanner can turn the simple support and resistance to the powerful killer strategy. Below is the landing page to Fractal Pattern Scanner in MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/p...ttern-scanner/

Below is the landing page for Optimum Chart (Standalone Charting and Analytical Platform).
https://algotrading-investment.com/2...optimum-chart/

Superimposed Equilibrium Fractal Waves
Third characteristic of equilibrium fractal wave is that smaller equilibrium fractal waves can combine to form a bigger equilibrium fractal wave (superimposed). This third characteristic is often used by a professional trader to improve the predictability of the financial market. For example, instead of puzzling with a set of small equilibrium fractal waves, it is much more accurate to puzzle with both small and big equilibrium fractal waves together to predict the market direction. Now we show some examples of our reversal prediction using this superimposed equilibrium fractal waves. In Figure 3-23 and Figure 3-24, a large Equilibrium fractal wave is overlapping with a small equilibrium fractal wave. We can make the bullish reversal prediction after the last candle is completed. Making the prediction based on the two Equilibrium fractal waves can increase the probability of winning marginally over just using one equilibrium fractal wave.

https://algotrading-investment.com/w...EURUSD-D1..png
Figure 3-23: Superimposed Equilibrium fractal wave for bullish reversal trading setup (EURUSD D1).
https://algotrading-investment.com/w...EURUSD-H1..png
Figure 3-24: Superimposed Equilibrium fractal wave for bullish reversal trading setup (EURUSD H1).

Likewise, we can use these superimposed equilibrium fractal waves to make the bearish reversal prediction too as shown in Figure 3-25 and Figure 3-26. You can even use three or four equilibrium fractal waves for your prediction. However, the superimposed patterns with three or four equilibrium fractal waves are rare. If they do appears then they can provide a good trading opportunity.
https://algotrading-investment.com/w...EURUSD-H1..png
Figure 3-25: Superimposed Equilibrium fractal wave for bearish reversal trading setup (EURUSD H1).

https://algotrading-investment.com/w...URUSD-M15..png
Figure 3-26: Superimposed Equilibrium fractal wave for bearish reversal trading setup (EURUSD M15).



About this Article

This article is the part taken from the draft version of the Book: Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave). Full version of the book can be found from the link below:
https://algotrading-investment.com/p...ttern-trading/

EFW Analytics provide the graphic rich and fully visual trading styles. In default trading strategy, you will be looking at the combined signal from Superimposed pattern + EFW Channel or Superimposed pattern + Superimposed Channel. In addition, you can perform many more trading strategies in a reversal and breakout mode. You can also run two different timeframes in one chart to enforce your trading decision. Sound alert, email and push notification are built inside the indicator.
Below is the link to the EFW Analytics:
https://algotrading-investment.com/p...ave-analytics/
https://www.mql5.com/en/market/product/27703
https://www.mql5.com/en/market/product/27702

Japanese CandleStick Pattern Control in Price Breakout Pattern Scanner

Japanese candle stick patterns are built in feature inside Price Breakout Pattern Scanner. This is kind of bonus feature for customers who are buying our Price Breakout Pattern Scanner.
In Japanese candlestick inputs, you can switch on and off Candlestick pattern according to their type. For example, there are Japanese candlestick pattern made up from one candle bar, two candle bar, three candle bar, etc. You can switch on and off each according to your preference.
As a default setting, Pattern Name will be printed in chart. At the same time, you can bring your mouse over to each Japanese candlestick pattern to float pattern name in tool tip box (MT5 is more responsive than MT4 for this tool tip box) Alternatively, you can also change the angle of pattern name from horizontal to vertical or vice versa depending on your readability. In addition, we provide the YouTube Video for Price Breakout Pattern Scanner. With the video, you can see some basic operation of the price breakout pattern scanner. This video is applicable to both MetaTrader 4 and MetaTrader 5 platforms.
YouTube Video “How To Use Price Breakout Pattern Scanner”:
Download the latest version for the maximum performance and more profits.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

Fibonacci Price Patterns

A Fibonacci analysis is a popular tool among technical traders. It is based on the Fibonacci sequence numbers identified by Leonardo Fibonacci in the 13th century. The Fibonacci sequence numbers are:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89,144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, …………………
As the Fibonacci number become large, the constant relationship is established between neighbouring numbers. For example, every time, when we divide the former number by latter: Fn-1/Fn, we will get nearly 0.618 ratio. Likewise, when we divide the latter number by former: Fn/Fn-1, we will get nearly 1.618. These two Fibonacci ratio 0.618 and 1.618 are considered as the Golden Ratio. We can use these Golden ratios to start our Fibonacci analysis. However, many technical traders use additional Fibonacci ratios derived from the Golden ratio. Since the calculation of each Fibonacci ratio is well known, I have listed all the available Fibonacci ratio calculation in Table 6.1.


In fact, Fibonacci pattern analysis in financial trading is extremely popular. As with support and resistance analysis, Fibonacci analysis is probably the most popular technical analysis among traders. There are two important techniques in Fibonacci analysis. First technique is Fibonacci retracement. Second technique is Fibonacci expansion. In fact, former is just one triangle pattern and latter is two triangle patterns. Hence, you can consider these two as Fibonacci price patterns. These two price patterns share the identical concept to the retracement ratio and expansion ratio.
There are two important points in regards to Fibonacci patterns. Firstly, you need to spot swing high and swing low in price series to identify Fibonacci price patterns. The easiest way of doing this is just to apply Peak Trough Transformation using either ZigZag indicator or Renko chart. Therefore, you start with predefined swing points in your chart. Secondly, Fibonacci retracement technique will concern one triangle that is two price swings. Fibonacci expansion technique will concern two triangles that are three price swings. Most importantly, calculation of Fibonacci retracement and expansion is identical to the retracement ratio and expansion ratio calculation in RECF notation. Sometimes, we might use percentage format instead of decimal format. However, two quantities are the same. For example, the Golden ratio 0.618 is the same as 61.8%.
Let us start with Fibonacci retracement example. For simple example, we use 61.8% Golden ratio. For retracement, we can have two cases including bullish (Trough-Peak) retracement and bearish (Peak-Trough) retracement. In bullish retracement, 61.8% retracement level will act as a support level. Price will reverse in the correction phase to follow the previous bullish movement. In RECF pattern definition, 61.8% bullish retracement can be expressed as below:
R0 = 0.618 = Right swing of first triangle / Left swing of first triangle


Likewise, in bearish retracement, 61.8% level will act as resistance. Price will reverse in the correction phase to follow the previous bearish movement. In both case, the 61.8% retracement will be measured from end of correction phase to previous peak or trough. We have used percentage in this example. Some technical traders prefer to use the ratios in decimal places like 0.618. It is just your preferences. Using ratio or percentage does not affect the accuracy of trading. In RECF pattern definition, 61.8% bearish retracement can be expressed as below:
R0 = 0.618 = Right swing of first triangle / Left swing of first triangle


You can use other Fibonacci ratios like 0.382 or 1.618 in the exactly same way as 0.618. Some traders use secondary Fibonacci ratios in addition to the primary ratios.
Fibonacci expansion is slightly more complicated than Fibonacci retracement because it concerns two triangle (i.e. three price swings). As in retracement technique, we can have two cases including bearish (Trough-Peak) expansion and bullish (Peak-Trough) expansion. In bearish expansion, we will measure the expansion from where the correction ends to next peak. In the next peak, we will expect the bearish reversal in the same direction to the correction. In fact, the 100% Expansion level is act as the resistance in Figure 6-3. Likewise, in bullish expansion, we will expect the bullish reversal in the same direction to the correction. In Figure 6-4, 61.8% expansion level acts as the support. In RECF pattern definition, 61.8% bearish and bullish retracement can be expressed as below:
E0 = 0.618 = Right swing of first triangle / Left swing of second triangle



About this Article
This article is the part taken from the draft version of the Book: Profitable Chart Patterns in Forex and Stock Market: Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern. Full version of the book can be found from the link below:
https://algotrading-investment.com/portfolio-item/profitable-chart-patterns-in-forex-and-stock-market/
You can also use Harmonic Pattern Plus in MetaTrader to accomplish your technical analysis. Harmonic Pattern Plus is the advanced Fibonacci Analysis Indicator for your trading. 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/portfolio-item/harmonic-pattern-plus/
Below is the landing page for Optimum Chart (Standalone Charting and Analytical Platform).
https://algotrading-investment.com/2019/07/23/optimum-chart/

Attached Image (click to enlarge)

Beat Corona Virus Together Discounts for MetaTrader

Since December 2019, we have observed the loss of lives due to this COVID-19 pandemic. Apart from this, COVID-19 has severely demobilized the global economy. Many of the affected countries have undergone the complete lock down. Life after the COVID 19 is tough for the entire society. We never knew that this will last this long.
During this Covid19 pandemic, we hope everyone is safe and well from this Corona Virus Crisis. We know this affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products.
Discounted price is shown in the screenshot for the following six products.

1. Ace Supply Demand Zone indicator
2. Advanced Price Pattern Scanner
3. Elliott Wave Trend
4. Price Breakout Pattern Scanner
5. Harmonic Pattern Scenario Planner
6. X3 Chart Pattern Scanner (=Profitable Pattern Scanner)

This discounted price is only available when you buy these products from mql5.com
The price will go back to the original price when the discounts ends. Please take the discounted price now while it last only.
https://www.mql5.com/en/users/financ...eller#products
https://www.algotrading-investment.com/
Here are some simple tips for you to stay safe from this Covid19 Crysis.

1. Don’t touch your face – Avoid touching your eyes, nose and mouth.
2. Don’t cough or sneeze into your hands – Cover your mouth and nose with your elbow or tissue when coughing or sneezing. Dispose of used tissue immediately.
3. Keep your distance – Maintain a distance of at least 2 meter from people who are coughing or sneezing.
4. Wash, wash, wash your hands
5. Finally, care the loved one.

Powerful Non Repainting Supply Demand Zone MetaTrader Indicator

Ace Supply Demand Zone is specially designed non-repainting Supply Demand indicator. Since you have an access to fresh supply and demand zone as well as archived supply demand zone, you can achieve much better profiling on price movement in Forex market.
With the Ability to trade the original supply demand zone trading, you can also perform highly accurate Angled Supply Demand zone trading as a bonus. With a lot of sophisticated gadgets built inside, Ace Supply Demand Zone indicator will provide you unmatched performance against other Supply Demand zone indicator out there.
Here is the 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/portfolio-item/ace-supply-demand-zone/

In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo

Combining Price Breakout Pattern with Support and Resistance

Price Breakout Patterns are in fact the extension of support and resistance trading. When you grab the idea of support and resistance with Price Breakout Patterns, you can really advance your trading a lot. With Price Breakout Pattern Scanner, this is easy task because it provide the built in support and resistance mode.
In the support and resistance mode, your price breakout patterns will be turned into support and resistance. In doing so, you need to set support and resistance mode in your input setting. We will show this in our screenshot.
Once this setup is in place, Price Breakout Pattern will become support and resistance for your trading. With conventional support and resistance together, this could indicate highly probable trading entry.
Below is the YouTube Video link for Price Breakout Pattern Scanner:
YouTube Video Link:
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/portfolio-item/price-breakout-pattern-scanner/

Price Patterns to Identify the Potential Turning Point and Trend

To understand the technical turning point, it is important to check its connection with economics. For example, in Stock market trading, the underlying value of a company can explain the occurrence of the major turning point in the market. Likewise, in the foreign exchange market, the strength and weakness of a currency is often influenced by the fundamental value of a country. The fundamental and economic data release can cause to change the direction of the current price movement. As a result, they often become the major driving force behind the bullish and bearish turning point. Hence, to understand why an important turning point occurs in the financial market, we recommend you to look at following three cases.

1. Turning point in the Stock market with “Value investing”
2. Turning point in the Forex market with “Fundamental analysis”
3. Pairs Trading with turning point

When you understand the driving force of the turning point in connection with economics, it helps you to follow the flow of the smart money from the investment banks and hedge funds. Besides, the price pattern can also help you to predict the turning point technically. When you apply the price pattern together with the knowledge of the fundamental driving force of the turning point, you can increase your performance marginally. Therefore, it is important to understand the price patterns used by the trading community last 100 years. We list the important price patterns for your technical analysis below.

1. Horizontal support and resistance
2. Diagonal support and resistance (i.e. trend lines)
3. Triangles and wedge patterns
4. Fibonacci analysis
5. Harmonic pattern
6. Elliott wave theory
7. X3 Chart Pattern

To apply these price patterns better in practice, we must understand the origin of these price patterns with the scientific view. Fractal and fractal wave can explain the scientific rational behind these price patterns. Hence, we will look at how these price patterns are connected with “Fractal” and “Fractal Wave”. The scientific knowledge around these price patterns will help you to understand the flow of the financial market as said by Mark Twain “History Doesn’t Repeat, But It Often Rhymes”. In addition, you will find out that “Fractal” and “Fractal Wave” is the powerful tool to overcome the limitation of the modern trend and cycle analysis. The price patterns are in fact the practical application of “Fractal” and “Fractal Wave” in the financial market. Furthermore, we will provide the universal pattern framework to help you understand these price patterns with one unified knowledge. Therefore, we will make use of the X3 Pattern Framework while educating these price patterns.


About this Article
This article is the part taken from the draft version of the Book: Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern. Full version of the book can be found from the link below:
https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
You can also use Harmonic Pattern Plus in MetaTrader to accomplish your technical analysis.
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/

New Article – Trading Setup with Pattern Completion Interval for Harmonic Pattern Trading

Here is another article explaining some useful concept for your harmonic pattern trading. Of course, this is free article to improve your harmonic pattern trading.
https://algotrading-investment.com/2020/06/01/trading-setup-with-pattern-completion-interval/
In addition, you can also have an access to important free articles for your trading here.
https://algotrading-investment.com/2019/07/23/trading-education/

You can watch the YouTube Video to feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below.
YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ

Harmonic Pattern Plus (and also Harmonic Pattern Scenario Planner) is the repainting but non lagging Harmonic Pattern Scanner. You can get them for the affordable price. Below is links for them.
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/
X3 Chart Pattern Scanner is non repainting and non lagging Harmonic Pattern and X3 pattern Scanner. Below is links for them.
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/

Guideline on Harmonic Patterns

Here are some guideline on Harmonic Pattern Trading. These several articles can help you to improve your performance.

Quick Guideline for Harmonic Pattern Plus for Starter
https://algotrading-investment.com/2...s-for-starter/

Pattern Completion Interval versus Potential Reversal Zone
https://algotrading-investment.com/2...reversal-zone/

Tactical Use of Pattern Completion Interval (PCI)
https://algotrading-investment.com/2...tion-interval/

Link to Harmonic Pattern Plus
Harmonic pattern plus is cheap but it is extremely good product for its price.
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/

Link to Harmonic Pattern Scenario Planner
With additional features of predicting future harmonic patterns, this is very tactical harmonic pattern indicator with advanced simulation capability on top of features of harmonic pattern plus.
Below are the Links to Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
http://algotrading-investment.com/po...nario-planner/

Simple Guide to Ace Supply Demand Zone

Ace Supply Demand Zone indicator is powerful supply and demand zone indicator. You can use it for original supply demand zone trading, or new angled supply demand zone trading. At the same time, you can use it as very accurate support and resistance drawer.
Because it is non repainting, any level of trader can get benefit from this superb indicator.
Here is simple button operations with Ace Supply Demand Zone.

1. You can show or hide zones from your chart using “Shown/Hidden” button click.
2. You can see outline only using “Zone Box” button click

Well, simple operation but powerful.
Below are the links to Ace Supply Demand Zone indicator for MetaTrader 4/MetaTrader 5.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/

Introduction to the Wave Principle

Ralph Nelson Elliott was one of very first person who believed that he could predict the stock market by studying the repeating price patterns in the price series. The Wave Principle from Elliott states that the wave patterns in different scales are repeating and superimposing on each other forming complex wave patterns. If harmonic pattern directly focuses on the short patterns made up from five points, the Wave Principle, developed by Ralph Nelson Elliott, describe how the financial market evolve to meet the equilibrium with the repeating wave patterns, equilibrium fractal waves. The advantage of Elliott Wave theory is that it is comprehensive as the theory provides multiple trading entries on different market conditions. With Elliott Wave theory, traders can perform both momentum trading and mean reversion trading. The disadvantage of Elliott Wave theory is that it is more complex comparing to other trading techniques. In addition, there are still some loose ends in detecting Elliott wave patterns. For this reason, many traders heavily criticize the lack of scientific methods of counting Elliott Waves.

Elliott Wave theory received good attention from many traders and investors for several decades. Elliott Wave theory is a useful technique to deal with the financial market with the dominating Equilibrium Fractal-Wave process. For the financial market with strong Equilibrium Wave process (2 nd, 3 rd and 4 th columns in the Price Pattern Table), traders must use alternative methodology over Elliott Wave techniques because Elliott Wave Theory is not meant to deal with Wave process. Seasonality or other cyclic fluctuations can be dealt better with other techniques. For example, Seasonal Exponential Smoothing, Fourier Transform, Principal Component Analysis or Wavelet Transformation might do better job for such a case. Some literature review and empirical research can yield helpful insight on which market trader can trade better with Elliott Wave Theory. In our Book, we will introduce the fundamentals of the Wave Principle. At the same time, we will introduce the template and pattern approach towards more scientific wave counting for traders.


About this Article
This article is the part taken from the draft version of the Book: Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave). Full version of the book can be found from the link below:
https://algotrading-investment.com/portfolio-item/scientific-guide-to-price-action-and-pattern-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, and so on. 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. Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 platform.
YouTube Link: https://youtu.be/Oftml-JKyKM
Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version. Here are the links to Elliott Wave Trend.
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479

EFW Analytics provide the graphic rich and fully visual trading styles. In default trading strategy, you will be looking at the combined signal from Superimposed pattern + EFW Channel or Superimposed pattern + Superimposed Channel. In addition, you can perform many more trading strategies in a reversal and breakout mode. You can also run two different timeframes in one chart to enforce your trading decision. Sound alert, email and push notification are built inside the indicator.
Below is the link to the EFW Analytics:
https://algotrading-investment.com/portfolio-item/equilibrium-fractal-wave-analytics/
https://www.mql5.com/en/market/product/27703
https://www.mql5.com/en/market/product/27702

Volume Spread Analysis Indicator List

We provide three different Volume Spread Analysis indicators and volume based tools. Our volume spread analysis tools are the hybrid of volume spread analysis and signal processing theory.
These tools will help you to complete your trading decision with high precision. As long as you understand the concept of the Accumulation and Distribution area in the volume spread analysis, these tools will help you to predict the presence of Accumulation and Distribution area. Hence, you can predict the best trading opportunity.
Firstly, Volume Spread Pattern Indicator is the powerful volume spread analysis indicator that operated across multiple timeframe. Volume Spread Pattern Indicator will not only provide the bearish and bullish volume spread pattern in the current time frame but also it will detect the same patterns across all timeframe. You just need to open one chart and you will be notified bullish and bearish patterns in all timeframe in real time.
Here is the link to Volume Spread Pattern Indicator.
https://www.mql5.com/en/market/product/32961
https://www.mql5.com/en/market/product/32960
https://algotrading-investment.com/p...ern-indicator/
Secondly, Volume Spread Pattern Detector is the light version of Volume Spread Pattern Indicator above. This is free tool with some limited features. However, Volume Spread Pattern Detector is used by thousands of traders. Especially, it works great with the support and resistance to confirm the turning point. This is free tool. Just grab one.
https://www.mql5.com/en/market/product/28438
https://www.mql5.com/en/market/product/28439
https://algotrading-investment.com/p...tern-detector/
Both Volume Spread Pattern Indicator and Volume Spread Pattern Detector works well with Excessive Momentum indicator as Excessive Momentum indicator helps to detect the potential Accumulation and Distribution area automatically. Hence, if you are using Excessive Momentum Indicator, then you can use one between Volume Spread Pattern Indicator or Volume Spread Pattern Detector. In addition, we provide the YouTube video to accomplish the basic operations of Excessive Momentum Indicator.
YouTube Video (Momentum Indicator):
Here is link to Excessive Momentum Indicator for MetaTrader 4 and MetaTrader 5.
https://algotrading-investment.com/p...tum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621
Thirdly, we provide the volume Zone Oscillator. This is another useful free tool that utilizes the volume information for your trading. You can use these tools for volume spread analysis, Harmonic Pattern, Elliott Wave Pattern, X3 Price Pattern further. This is free tool. Just grab one.
https://algotrading-investment.com/p...ne-oscillator/