Price Breakout Pattern Scalper EA For Free

Manual For Pair Trading Station

Pair Trading Station is a powerful MetaTrader Indicator. Its decision making algorithm is based on Pairs trading (a.k.a Statistical arbitrage or spread analysis). This manual was written already few years ago for our Pair Trading Station. I think this is still very useful if your trading is based on correlation and spread. This is pdf manual, so please download it into your hard drive and read them. Below is the link to the pdf manual:
https://algotrading-investment.com/2...g-station_ati/

In addition, you can watch this YouTube Video titled as How to use Pairs Trading Station


Here is the landing page for Pairs Trading Station in MetaTrader 4 and MetaTrader5.
https://algotrading-investment.com/p...ading-station/
https://www.mql5.com/en/market/product/3303
https://www.mql5.com/en/market/product/3304

Harmonic Pattern

Harmonic patterns are another fractal wave patterns that frequently used by many financial traders. Harmonic patterns are typically made up from two or three triangles (i.e. three price swings or four price swings). The structures of the harmonic pattern are based on the Fibonacci ratios. Hence, some people consider Harmonic pattern as an advanced Fibonacci price patterns.
The history of the harmonic pattern goes back to the Gartley’s book “Profits in the Stock Market” in 1935. At that time, Gartley described the trend reversal pattern on page 222 of his book. The pattern become popular in the late 1990s (Pesavento and Shapiro, 1997). Since then, many traders developed the common interest in looking for the repeating patterns in the financial markets. The harmonic patterns were refined many times in several decades. Harmonic trader emphasizes that the patterns are not only repeating in history but they also follow natural orders. Although few different references exist about the meaning of the natural orders, the natural orders mostly means the periods of the neighbouring waves in the Fibonacci relationship (Pesavento and Shapiro, 1997). Fibonacci ratio derived from Fibonacci numbers are the core relationship used in harmonic pattern identification.
Two main elements of Harmonic pattern trading are the pattern recognition and the market timing. Between those two elements, the pattern recognition is the prior task before the market timing. Mostly harmonic patterns consist of five points except few patterns. The five points are denoted as XABCD conventionally (Figure 1-2). Harmonic Pattern trading is the typical mean reversion trading strategy. It assumes that the market will change direction, for example, from buy to sell or from sell to buy. In fact, the harmonic pattern detection is equivalent to detecting the turning point. Although the accuracy of the turning point prediction is subject to the probabilistic nature, harmonic pattern trading is popular among traders.
For your trading in Forex and Stock market, we provide the detailed performance for each Harmonic Pattern. You can download PDF file for each pattern from the link below. Or you can visit the YouTube video to check each pattern from the link below. Each PDF or YouTube video will provide you a proof for the Harmonic Pattern. At the same time, you can use this proof to improve the given structure of the Harmonic Pattern.
From the link below, you can find the useful information for Gartley Pattern used in Forex and Stock market.
Gartley Pattern: https://algotrading-investment.com/2022/05/18/gartley-pattern-harmonic-pattern/
From the link below, you can find the useful information for Butterfly Pattern used in Forex and Stock market.
Butterfly Pattern: https://algotrading-investment.com/2022/06/20/butterfly-pattern-harmonic-pattern/
From the link below, you can find the useful information for Bat Pattern used in Forex and Stock market.
Bat Pattern: https://algotrading-investment.com/2022/06/21/bat-pattern-harmonic-pattern/
We also provide the great trading education about Harmonic Pattern. You can have a look at following books to learn how to best use Harmonic Pattern for your trading in Forex and Stock market. From these books, you will also find the X3 Chart Pattern framework that helps you to study, prove and improve Harmonic Pattern to maximize your trading performance.
Guide to Precision Harmonic Pattern Trading
Link: https://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
Science Of Support, Resistance, Fibonacci Analysis and Harmonic Pattern
Link: https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
Profitable Chart Patterns in Forex and Stock Market
Link: https://algotrading-investment.com/portfolio-item/profitable-chart-patterns-in-forex-and-stock-market/

Advanced Harmonic Pattern Detection Indicator

Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern Detection Indicator. This is probably the most sophisticated harmonic pattern detection indicator in the market. It can detect many harmonic patterns at the price revesal like Gartley Pattern, Butterfly Pattern, Bat pattern and so on. At the same time, you can forsee future harmonic patterns in the price range by just one button click. You can make precision buy and sell entry with the detected harmonic patterns. You can find this indicator for both MetaTrader 4 and MetaTrader 5, which is the most popular trading platform for Forex and Futures.
If you want to avoid any complex feature, then Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, if you do not mind more advanced features, then it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability. This feature is the most unique feature provided from Harmonic Pattern Scenario Planner. Monte Carlo Simulation can help you to find future reversal points in advance.
For your information, we provide two YouTube videos with title and links below. Although these two videos are not created using the Harmonic Pattern Scenario Planner, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Harmonic Pattern Indicator”:
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”:
Here is the product link to Harmonic Pattern Scenario Planner. You can find more about the features of this advanced Harmonic Pattern Detection Indicator from the landing page below.
https://algotrading-investment.com/p...nario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240

Trade with Regularity in the Financial Market

We trade or we can trade because there are regularities in the financial market. What exactly this means to our trading and investment ? It means that no one will trade if the market was totally random. We are always looking for the regularity that is repeating over time whether it is called a trend, cycle, seasonality or fractal wave. Our profit is merely materialization of these regularities in the financial market. We materialize them using our trading strategy. Hence, understanding the important regularities can bring the profit opportunity in the financial market. However, how to organize or how to visualize the different types of regularity existing in the financial market ? Here is one efficient way to organize the most important five regularities in the financial market that you should know for your trading and investment. Full details about the five regularities can be found in the book “Scientific Guide to Price Action and Pattern Trading”. In the book we reveals the trading ideas, strategy and practice to create the profit opportunity in the financial market.
Among the five regularities, Fractal Wave is the most sophisticated regularity that combines the other four regularities. Then now, you might ask a question like “how can we understand this Fractal Wave ?” You have the right question indeed. To understand any concept, the first thing we need to do is to visualize them. Since we want to use this Fractal Wave for our trading, the best practice is to visualize them in the Forex and Stock chart. In the book, we explained the process as the Peak Trough Analysis. The Peak Trough Analysis can help you to visualize the Fractal Wave for Forex and Stock data. Once, you visualized the Fractal Wave using the Peak Trough Analysis, we can create practical trading strategy, technical analysis and technical indicator needed to predict the financial market. This can include Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave, X3 Chart Pattern, Supply Demand Analysis and so on.

Scientific Guide to Price Action and Pattern Trading (2017):
https://algotrading-investment.com/p...ttern-trading/

You can also have a look at the Technical Indicator, Chart Pattern Scanner, Harmonic Pattern Indicator and Elliott Wave Counting Tool, Fractal Wave Analytics, Support Resistance Indicator, Supply Demand Analysis and so on, created based on the market prediction principle using Fractal Wave Theory. These tool created by us will help you to identify the profitable opportunity for Forex and Stock Trading.
https://algotrading-investment.com/
https://www.mql5.com/en/users/financ...eller#products

Intro Video for Advanced Price Pattern Scanner

Advanced Price Pattern Scanner is the non repainting pattern scanner designed for both MetaTrader 4 and MetaTrader 5. It can detects many important price patterns for your trading like rising wedge, falling wedge, head and shoulder patterns, Cup and Handle, etc. Here is an intro video for Advanced Price Pattern Scanner from YouTube. Please check the YouTube Video titled as “Intro Video to Advanced Price Pattern Scanner”. This video covers some basic operation with Advanced Price Pattern Scanner in MetaTrader.
Advanced Price Pattern Scanner YouTube Video:
In addition, you can watch the following YouTube Video to understand why price pattern is so important for your technical analysis.
Fractal to Advanced Technical Analysis YouTube Video:
Below is the direct link to Advanced Price Pattern Scanner. As usual, we provide it for both MetaTrader 4 and MetaTrader 5 platforms.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678

Trading Risk with Pattern Completion Zone (PCZ)

Trading risk management is the first important concept for techncial analysis. This article provides the trading risk management concept with Pattern Completion Zone. Depending on your knowedge on the trading risk management, you can grow your capital safely. When you do not have knolwedge about it, it is likely that high volatility will wipe your capital away. You can lose a lot of money in the big price swing without the knoweldge of the trading risk management. Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner provide the Pattern Completion Zone, specially desinged to help managing your trading risk.
Sounds complicated but not. Simply, if the price is inside the PCZ box, then the pattern will stay alive. If the price move outside the PCZ box, then the pattern is invalid. We brought this concept from prediction interval or confidence interval from multiple regression techniques. Then we created the Pattern Completion Zone concepet specifically working for the trader using the chart patterns like Harmonic Pattern, Elliott Wave Pattern and X3 Chart Pattern.
Maybe it is the view you need to see not the technical language. It is the PCZ box that you can calculate your entry + your risk management. Inside PCZ, your can pick up the good timing for your entry based on your risk management. When everything happens inside PCZ, your reward/risk can favour your trading.
Secondly you might need to use some secondary confirmation for final buy and sell decision. Remember the very advantage of manual trading is about combining information. It does not have to be fundamental data for this purpose. In our case, we exclusively uses geometric based tools and we have nearly got rid of all the technical indicator for trading. But you can use some technical indicator like RSI, Bollinger bands and Fibonacci Retracement etc.
Once you are sure about the trading and entry and risk management, then you can lock the pattern for your trading. Just click the lock button in your chart to do so. Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner supports Pattern Completion Zone for your entry and exit management. At the same time, the Pattern Completion Zone is like other trading zone. Hence, you can also use the pattern completion zone like support and resistance.
Now you might be curious where you can meet the tools providing the Pattern Completion Zone mentioned in this article. Here are the links for the three Chart Pattern Scanner developed in MetaTrader 4 and MetaTrader 5 platform.
Harmonic Pattern Plus is a repainting but powerful pattern scanner with tons of professional features. It also provides the pattern completion zone to manage your trading risk.
https://algotrading-investment.com/p...-pattern-plus/
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/4488
Harmonic Pattern Scenario Planner is a repainting but predictive pattern scanner. It is the most advanced Harmonic Pattern Scanner available in the market. Of course, it comes with tons of professional features too. It also provides the pattern completion zone to manage your trading risk.
https://algotrading-investment.com/p...nario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
X3 Chart Pattern Scanner is the non repainting and non lagging Harmonic Pattern and Elliott Wave pattern. This pattern scanner provide you a lot of advantage for your trading from its non repainting and non lagging pattern detection algorithm. This is our next generation chart pattern scanner. At the same time, you can customize each pattern structure to find the most optimal trading entry and exit. It also provides the pattern completion zone to manage your trading risk.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993

Price Breakout Pattern Scanner and Smart Renko

You can access the functionality of Smart Renko from Price Breakout Pattern Scanner too. You can also get the standalone smart renko indiactor too if you wish. There are two articles to explain the functionality of the Smart Renko. First article is short and second article is long. We recommend reading both articles to maximize the potential of the Price Breakout Pattern Scanner.
https://algotradinginvestment.wordpress.com/2017/07/15/simple-instruction-on-smart-renko/
https://algotrading-investment.com/2018/10/27/renko-chart-price-breakout-pattern-scanner/
Our Price breakout pattern scanner is very unique tool in the market because it has the built in feature for Smart Renko inside. There is reason for that. Smart Renko is really helpful for the chart pattern detection in the separate sub window. So they can improve your trading decision made in the main chart. Imagine that in the main chart, Price Breakout Pattern Scanner is automatically detecting the patterns for you. In the indicator window, you can also detect any other important patterns readily. If you can collect evidence for your trading from both main chart and renko chart, you can make more accurate trading decision.
In this post, let us show how to switch on and off the smart Renko chart from your price breakout pattern Scanner. Before you are using Smart Renko feature enabled, you might download sufficient history in your chart first. Once you have done it, set Use “Smart Renko = true” from your indicator setting. See the screenshots for your better understanding. Some of our customer know that there is great way of trading with Price breakout pattern scanner and our Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner) If you are curious, you migh check our ebook. We have described the trading principle in details in this book: Scientific Guide to Price Action and Pattern Trading.
Here are the links for the Price Breakout Pattern Scanner in MetaTrader 4 and MetaTrader 5. Both platform provide nearly identical features for Price Breakout Pattern Scanner. In addition, if you wish, you can also get the Smart Renko only as the sepearte indicator for your MetaTrader.
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/
Here are the links for Smart Renko indicator for MetaTrader 4 and MetaTrader 5 platform.
https://algotrading-investment.com/portfolio-item/smart-renko/
https://www.mql5.com/en/market/product/9944
https://www.mql5.com/en/market/product/9911

Scan Supply Demand Zone Across All Timeframe


In Ace Supply Demand Zone indicator, you can scan the supply and demand zone across all timeframe for your Forex trading. This is a powerful feature included in Ace Supply Demand Zone indicator. Controlling the Multiple Timeframe scanning is similar to our other MetaTrader products like Harmonic Pattern Plus or X3 Chart Pattern Scanner. You can control them from the inputs under the Multiple Timeframe Scanning. With the inputs, you can enable or disable multiple timeframe scanning. You can also choose to switch on or off specific timeframe from your dashboard. In addition, you can also control how frequently the indicator should scan. The default value for update frequency is M5 timeframe. However, you can use M1 for update frequency if you need to scan them more frequently.
If you enabled email or push notification in the inputs under General Setting, then you can also receive the alert for the detected supply and demand zone as well as the touched supply and demand zone. The thing you need to understand about multiple timeframe scanning is that it requires multiple computation too per each timeframe. The computation can be heavier up to 7 times or more when you enabled M1 to D1 timeframes. Hence, due to data loading issues, the calculation might be stuck sometimes. In that case, just click Show button to refresh all the calculation. Of course, it is possible to switch off the multiple timeframe scanning if you only want to trade one timeframe.

Ace Supply Demand Zone in MetaTrader 4 and MetaTrader 5
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. Hence, you can watch this YouTube Video to learn the basic operation with the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
Landing page for Ace Supply Demand Zone.
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/

Advanced Harmonic Pattern Detection Indicator for MetaTrader 4

Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern Detection Indicator. This is probably the most sophisticated harmonic pattern detection indicator for MetaTrader 4 platform, the most popular Forex trading platform since 2008. MetaTrader 4 is one of the most popular trading platform since 2010. It is accessible for free of charge for any trader from all over the world.
If you want to avoid any complex feature, then Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, if you do not mind more advanced features, then it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability. This feature is the most unique feature provided from Harmonic Pattern Scenario Planner. Monte Carlo Simulation can help you to find future reversal points in advance.
For your information, we provide two YouTube videos with title and links below. Although these two videos are not created using the Harmonic Pattern Scenario Planner, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Harmonic Pattern Indicator”:
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”:
Here is the product link to Harmonic Pattern Scenario Planner for MetaTrader 4. You can find more about the features of this advanced Harmonic Pattern Scenario Planner. Let your MetaTrader 4 to be equipped with this cutting edge technology.
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/p...nario-planner/

Fractal Wave Channel

In previous chapter, we have introduced the Fractal Wave Channel. Probably it was not hard in term of how to construct Fractal Wave channels. Now the same idea can be extended using the superimposed patterns. Construction of Superimposed Channel can be done in two steps as before. Firstly, we will draw the base line by connecting point 1 and point 3. Secondly, by projecting the base line in parallel to point 2, we can create the channel over the superimposed pattern. It is typically good idea to aim to draw the channel on the 3 points of larger Equilibrium Fractal Wave. The channel on superimposed pattern has stronger prediction power comparing to the channel created from single EFW. If you are not convinced with this idea, then imagine simple two waves interfering. Two waves can interact together either constructive or destructive. To have the constructive interference, two waves must have the peak or trough overlapping in the same position. When the final points of two equilibrium fractal waves end up in the same position, two equilibrium fractal waves will have the constructive relationship. For example, traders recognized EFW 1 as the trading opportunity will join the force together with traders recognized EFW 2 as the trading opportunity. Hence, the superimposed patterns with two or three EFWs will bring much stronger reaction to the market. In general, more EFWs are superimposed together, its prediction power will grow too. Therefore, superimposed patterns are naturally the best location to place your channel.

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

Full Article: https://algotrading-investment.com/2...-wave-channel/

Identifying Order and Disorder in Chaotic Market with Elliott Wave


In this article, we will explain how to identify order and disorder in the chaotic market with Elliott Wave Analysis. As a trader, you will agree that scientific method can improve your profits. Whether you are using correlation, geometric patterns, or statistics, they are baesed on science. Even latency arbitrages are just a sort of computer science or engineering, one could dig deeper on how to fine-tune the algorithm, network and internet speed to beat others. If any trading strategy has persistent dynamics towards profitability, we can formulate or describe their working mechanism using known science and engineering principle. Hence, we can reproduce the same mechanism repeatedly for our trading. Most winning trading strategies are based on some sort of precise science and engineering. Profit will never come blindly or by just a chance.

Topic in this article is partly about chaos theory. As one knows, chaos theory as in nonlinear dynamics is a hard-core math topic. However, we will not touch the complex theory because this article is for average trader. The focus of this article is to provide some intuition over this hard science, chaos theory. Chaos theory reveals several characteristic for some dynamic system like stock or currency market. Here is the list of four important characteristics:

Highly sensitive to initial condition (i.e. Butterfly effect)
Feedback loop
Order/Disorder
Fractals (i.e. self-similarity)
Etc

Finally, one might ask if they can go beyond 4 triangles like or 5 triangles or 8 triangles to calculate the density. From my empirical study, it is rare to see anything above 4 triangles. In this point, my empirical study and R. N. Elliott observation agrees. That is why Elliott comes up with Elliott Wave 12345 pattern and not Elliott Wave 12345678 pattern.

Final Note:

We hope this is useful for your profitable trading. Elliott Wave Trend has the following automatic features:

Detect the density of geometric patterns (identifying order and disorder of financial market.)
Automatic Elliott Wave Counting for trading.
Manual Elliott Wave Counting for trading.
Automatic Wave Structure Score calculation.
Here is the links to our Elliott Wave Trend for MetaTrader 4 and MetaTrader 5.

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/

Full Article: https://algotrading-investment.com/2018/10/29/identifying-order-and-disorder-in-chaotic-market-with-elliott-wave/

Harmonic Pattern Plus Introduction

If you need to predict the turning point of the market, then Harmonic Pattern is the best tool in its kind. With our research, our Harmonic Pattern Plus uses the precision harmonic pattern trading as its default trading strategy with Pattern Completion Zone, Potential Continuation Zone and Potential Reversal Zone. Yet, there are many other powerful features built in together for your superb trading experience. This is a repainting Harmonic Pattern indicator but this one comes will tons of useful features to help you to make more accurate trading decision as well as manaing the trading risk.

1. 11 Harmonic Pattern Detection
2. Automatic stop loss and take profit recognition for superb risk management
3. Pattern Completion Zone detection for precision trading
4. Potential Continuation Zone detection for future price prediction
5. Potential Reversal Zone detection for Point D identification
6. 52 Japanese Candlestick Pattern Detection (optional to use, you can swtich on and off)
7. Automatic Channel Detection to go with Harmonic Pattern (Optional to use, you can switch on and off)
8. Multiple timeframe Pattern Detection across all timeframe
9. Guided Trading Instruction for professional traders
10. Pattern Locking and Unlocking feature in your chart
11. Even more, please find it out.

Below is the landing page for Harmonic Pattern Plus for MetaTrader 4 and MetaTrader 5.
https://algotrading-investment.com/p...-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
You can find “Quick Guide for Harmonic Pattern” from the link below. This article will explain the following topics about Harmonic Pattern.
1. Automatic Reversal (turning point) Pattern Detection
2. Custom Take Profit and Stop Loss based on Pattern Completion Interval
3. Pattern Completion Interval Box (= Pattern Completion Zone)
4. Potential Reversal Zone (PRZ) and Potential Continuation Zone (PCZ)
5. Japanese Candlestick Patterns Detection
6. Automatic Channel
7. Multiple Timeframe Pattern Detection (alert)
8. Steps to improve Trading Performance with Harmonic Pattern Plus
9. Mean Absolute Percent Error (MAPE) in details
Please visit the link below to read the full article “Quick Guide for Harmonic Pattern”. This article is only quick quide though. We also have the book: “Guide to Precision Harmonic Pattern Trading” to explain the important knowedge to trade with Harmonic Pattern in Forex and Stock Market.
https://algotrading-investment.com/2...-pattern-plus/

Beat Global Inflation Together Discounts

Global Inflation, what now? We thought that we will enjoy some recovery from the COVID 19 crisis. However, soon there was a war. This affect the global economy increasing the uncertainity, inflation, and interest rate. This is not nice. Everything on the street are getting more and more expensive including energy, food, cloth, house and so on. We really deserve some good time after the two years of suffering from the Covid 19.
We know this global inflation affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products. So we provide special discounts for 12 MetaTrader products all together.
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/

Powerful Non Repainting Supply Demand Zone MetaTrader Indicator

Ace Supply Demand Zone is the non-repainting Supply Demand indicator. This supply demand indicator is very useful to trade with the market turning point. Its trading strategy is based on the price pattern detection like Drop-Base-Rally, Rally-Base-Drop and so on. Since you have an access to fresh supply and demand zone as well as the historical supply demand zone, you can achieve much better profiling on price movement in Forex market. In addition, the trading zone idea provides you an excellent way of managing your trading risk. This is really useful if you have at least learnt how to use the support and resistance trading, which is the most popular technical analysis in Forex and Stock 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/p...y-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”:

Modeling Quality 90% it doesn't show realistic results, you have to do it with 99%.

Beat Global Inflation Together Discounts

Global Inflation, what now? We thought that we will enjoy some recovery from the COVID 19 crisis. However, soon there was a war. This affect the global economy increasing the uncertainity, inflation, and interest rate. This is not nice. Everything on the street are getting more and more expensive including energy, food, cloth, house and so on. We really deserve some good time after the two years of suffering from the Covid 19.
We know this global inflation affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products. So we provide special discounts for 12 MetaTrader products all together.
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/

Introduction to Excessive Momentum Indicator

Momentum trading is often used by the experienced trader. One innovative way to use the momentum trading is to trade with the excessive momentum. Excessive momentum is the technique to identify unusually strong supply or unusually strong demand by analyzing the price series. Why do we need to care about the unusually strong supply or unusually strong demand in our trading? It is because unusually strong supply or unusually strong demand are the sign of the end of the current trend ( or birth of new trend). As you probably guess, when the new trend is born, you can ride the highest profit as possible. Hence, the excessive momentum can provide you the attractive entries for your trading.
Excessive Momentum Indicator provides you the ability to detect the excessive momentum in Forex and Stock chart. Let us start this simple introduction. Firstly, understand that the 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 or sideways market) as the opposite concept against excessive momentum. Our Excessive momentum indicator provides the automatic way of measuring the excessive momentum in your chart.
Once Excessive momentum is detected, then it will draw the Fibonacci Levels in the important area in your chart automatically. Then you can take this as your trading entry. It is simple and easy to trade. Most importantly, it is the powerful momentum indicator that alarm you the important trading entry and exit in advance.
https://algotrading-investment.com/p...tum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621

You can watch this YouTube Video about this Excessive Momentum Indicator.
Youtube:

You can read the full article: introduction to Momentum Trading. In this article, you will find how to unlock the potential of the excessive momentum trading. In addition, this article will provide you some introduction to Volume Spread Analysis.
https://algotrading-investment.com/2...entum-trading/

Order Management for Harmonic Pattern

This article will provide some ideas of managing buy and sell orders in Forex trading with the Pattern Compltion Interval in Harmonic Pattern. Many harmonic pattern trader use some arbitrary order management. Some uses Fibonacci levels but they are not able to measure or think how each winning and losing trades can affect their trading balance. You do need to know this to grow your capital safely. Risk and Order management is not the concept you can skip regardless of your trading strategy. So how can we manage buy and sell orders if we are trading with harmonic patterns like Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on. We can use the Pattern Completion Interval (=Pattern Completion Zone).
Pattern Completion Interval (=Pattern Completion Zone) was introduced in the Book: Guide to Precision Harmonic Pattern Trading to help you to trade with harmonic pattern with more scientific risk management. Of course, you can find more details about the Pattern Completion Interval from the book.

Link to Book: https://algotrading-investment.com/p...ttern-trading/

In short, the Pattern Completion Interval helps you to achieve the desired Reward/Risk ratio while you are trading in real time tick by tick data. Here is one of many approaches how you may use the Pattern Completion Interval concept for your trading. Of course, this approach is compatible with your Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. We produce this diagram so you can understand this approach intuitively without any calculator in your hands. Tr = Take Profit Ratio and Sr = Stop Loss Ratio. The diagram shows the case of two orders but you can even generate more orders taking this example further. Hopefully this new diagram is easier to understand than previous one.

Of course, this precision trading frame work is inclusive to our Harmonic Pattern Indicators including Harmonic Pattern Plus and Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner. These indicators are available for both MetaTrader 4 and MetaTrader 5 platforms.
https://algotrading-investment.com/p...-pattern-plus/
https://algotrading-investment.com/p...nario-planner/
https://algotrading-investment.com/p...ttern-scanner/

Optimized Harmonic Pattern

Have you ever thought that you could optimize the ratio of each Harmonic Pattern to improve your profit ? In real world trading, each currency or stock can behave differently with different dominating Fibonacci ratios. Never assume that one ratio will work best across all currencies and stocks. Hence, there comes the idea of Optimizing the ratio of Harmonic Pattern. For example, you could modify or tune the ratio of Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on for each currency or stock if you wish. Or you can modify or tune each Harmonic Pattern to get the overall performance better across all currencies and stocks. It is even better if you can apply the same idea when you trade with Elliott Wave patterns too.
To optimize each Harmonic pattern, you need a tool to visualize the true performance of each Harmonic Pattern through the historical data. It is better if you can see the historical performance directly from your chart without using any other complicated tools or tester or etc.
With X3 Chart Pattern Scanner, you can check the historical performance of Harmonic Pattern for any symbol immediately when you attach it to the chart. This sort of feature is very powerful but unique to X3 Chart Pattern Scanner. For example, You can not check the historical performance of Harmonic Pattern with repainting Harmonic pattern indicator. Since X3 Chart Pattern Scanner is non repainting, non lagging, synced between historical and live pattern, this is possible.
You can trade with optimized strategy in live trading. With X3 Chart Pattern Scanner, you can get the practical performance insight for each Harmonic pattern in few weeks with the historical information. This is really good to learn through your tool direclty and to trade with the same tool. Optimized Harmonic Pattern is a great way of improving your profit. With X3 Chart Pattern Scanner, you can modify or tune each Harmonic Pattern to optimize their trading performance using historical data. You can simply modify the ratio of each Harmonic Pattern in input setting. Below is the link to Non Repainting and Non Lagging Harmonic Pattern and Elliott Wave Pattern Indicator.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992

This Youtube video will explain some features of X3 Chart Pattern Scanner, the non repainting, non lagging harmonic pattern and Elliott Wave pattern indicator. Please watch the video to find out more about the non repainting Harmonic Pattern indicator.
YouTube:
YouTube:

Multiple Timeframe Scanning for Harmonic Pattern

Multiple Timeframe Scanning or multiple timeframe analysis is a convenient feature when you want to trade with Harmonic Pattern. It allows you to alert the latest harmonic pattern across all timeframe. It is handy that you can view all these patterns in one place. Here is simple screenshot showing you how to enable Multiple Timeframe Pattern Scanning in your Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Just enable Use Multiple Timeframe Pattern Detection = true in your input setting. That is all. Even if you attach one indicator per symbol only, you can still tell if any Harmonic Pattern is formed in another timeframe.
There is small “M” button in your chart in case you want to refresh multiple timeframe pattern scanning manually. If you are using MetaTrader 5 platform, then you might need this sometimes when data is not fully loaded in your MetaTrader. Especially, in MetaTrader 5 platform, it can take sometime to load data on lower and higher timeframe. However, once they are loaded, you should be able to see the patterns detected across all timeframe. In fact, this longer data loading is done because MetaTrader 5 platform is loading tick by tick data, which is really heavy for your CPU and Memory and this can not be controlled by the indicator. Hence, we can not blame the platform builder anyway as they tried to do something good intentionally in their end. Since in MetaTrader 4, they only load Open, High, Low and close price, the data loading time is pretty fast and not noticeable most of time. Please have a look at the YouTube video to understand the multiple timeframe analysis better with Harmonic Pattern.
Please watch YouTube video for full explanation:
Link to Harmonic Pattern Plus
https://algotrading-investment.com/p...-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Link to Harmonic Pattern Scenario Planner
https://algotrading-investment.com/p...nario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240