Birth of New Trend Tipple Entry Harmonic Pattern Trading

Japanese candlestick patterns with Price Breakout Pattern Scanner

Price Breakout Pattern Scanner can detect the important chart patterns like Triangle, Rising Wedge, Falling Wedge Pattern and so on. In addition, Price Breakout Pattern Scanner detects the Japanese candlestick patterns. Price Breakout Pattern Scanner can detect 52 different Japanese candlestick patterns. Properly used these provided chart patterns and Japanese Candlestick patterns, they can yield excellent trading results.
Japanese Candlestick patterns are categorized under five categories including one, two, three, four and five candlestick patterns. To use Japanese candlestick patterns, you can enable the candlestick pattern from Price Breakout Pattern Scanner input. See the attached screenshot for the purpose. If you wish, you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish. Japanese candlestick patterns are the supplementary tools when you trade with the chart patterns like Triangle, Rising Wedge, Falling Wedge Patterns. For example, you can use the Japanese candletick patterns as the secondary confirmation when you decide the trading direction of the chart patterns.
You can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected. Here are the links to Price Breakout Pattern Scanner available in MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

When you do not know how to use the chart patterns like Triangle, Falling Wedge, Rising Wedge Patterns, the quickest way to learn how to use them is to think them as the diasognal support and resistance. We have a lot of trading education to teach you how to trade with Triangle, Falling Wedge Pattern and Rising Wedge Pattern, Head and shoulder pattern and so on in our website. Below is the link to the Free Trading Education for Forex and Stock trading.
https://algotrading-investment.com/2...ing-education/

Volume spread analysis and excessive momentum zone are not a rocket science although detection of excessive momentum requires the sophisticated algorithm. But we did a lot of work to provide you the automated tools for your trading. With the automated Excessive Momentum detection tool, you can easily detect the broken balance between supply and demand for your trading. With excessive momentum drawn in your chart, it is much easier to predict the timing of new trend and its direction.
Here is three important summary about the Excessive momentum, Accumulation and Distribution area.
1. Excessive momentum provides the important clue to detect accumulation and distribution area outlined by Wickoff Cycle. Other methodology of finding Accumulation and Distribution area is not as good as the Excessive momentum indicator.
2. Detected Accumulation and Distribution area can indicate the fresh price movement that will expand in full scale. This is often the best entry or exit for your trading with highest rewards and smallest risks.
3. Accumulation and distribution area do not come in alternating manner. It can come like accumulation – accumulation – distribution or distribution – distribution – distribution – accumulation. Hence, do not get confused it from the original Wickoff cycle screenshot.
Excessive Momentum Indicator can detect the final phase of the price momentum. This final phase of the price momentum usually provide the good place to identify the accumulation and distribution area in Volume Spread Analysis. At the same time, this final phase of the price momentum is a excellent place to identify the supply and demand unbalance in the market. Excessive Momentum Indicator is the excellent tool for the advanced momentum trading. 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

Volatility Indicator for Day Trading

Volatility indicator can help you to detect any statistical advantage for your day trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend using the Volatility indicator together with your strategy. Without the volatility indicator, you can make small and big mistakes often. We provide the advanced volatility indicators for MetaTrader 4 and MetaTrader 5 platform.

Fibonacci Volatility Indicator
Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator and you can set the alert at low and high volatile area in your chart.
https://www.mql5.com/en/market/product/52671
https://www.mql5.com/en/market/product/52670
https://algotrading-investment.com/p...ity-indicator/

Harmonic Volatility Indicator
Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator. Hence, this is the light version of the Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/29008
https://www.mql5.com/en/market/product/29004
https://algotrading-investment.com/p...ity-indicator/

Double Harmonic Volatility Indicator
This is the cheapest Volatility indicator. This indicator is specialized in the Movable Volatility indicator mostly. Hence, if you only need the Movable Volatility indicator and you want to have more cost effective tool, then use this. However, if you want to have more choice in the Volatility visualization, then use either Harmonic Volatility indicator or Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/23779
https://www.mql5.com/en/market/product/23769
https://algotrading-investment.com/p...ity-indicator/

GARCH improved Nelder Mead – Free indicator
This is free Volatility indicator that implements the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods with Nelder Mead algorithm. This is bit of experimental indicator to realize the GARCH (1,1) model. Hence, we provide this indicator for free. It would be interesting to see how this Volatility indicator works for your trading.
https://www.mql5.com/en/market/product/6918
https://www.mql5.com/en/market/product/6910
https://algotrading-investment.com/p...d-nelder-mead/

In addition, you can watch this YouTube video titled as “Volatility Indicator for Day Trading” to feel what the Volatility indicator looks like in MetaTrader 4 and MetaTrader 5 platform.
YouTube Video “Volatility Indicator for Day Trading” :

Harmonic Pattern Scanner

Harmonic Pattern Scanner is the automated tool to detect harmonic patterns. Here is very simple explanation on type of pattern detection algorithm behind Harmonic Pattern Scanner. Not all the harmonic pattern detection algorithms are the same. In the past the main variations of Harmonic pattern detection algorithms can be categorized as following four types.
Type 1: Non lagging (fast signal) but repainting – option to enter from turning point. Indicator does not show the failed pattern in chart and last pattern can repaint.
Type 2: Lagging (slow signal) but non repainting – no option to enter at turning point (i.e. early signal). Indicator does not show the failed pattern but last pattern does not repaint.
Type 3: Detecting pattern at point C but repainting – option to enter at turning point. Indicator detect pattern too early and you have to wait quite bit of time until price move near the point D. In fact, price may not move near point D. You might just waste your time waiting for the pattern. Indicator does not show the failed pattern and last pattern can repaint.
Type 4: Non lagging (fast signal) and non repainting – option to enter from turning point. At the same time, the pattern is not repainting. This is hybrid of all above three system and can be considered as the most powerful harmonic pattern indicator.
List of Harmonic Pattern Scanner available in MetaTrader platform
1. Harmonic Pattern Plus (2014)
Harmonic pattern plus is extremely good product for the price. It is the Type 1 Harmonic Pattern Scanner as explained above. With dozens of powerful features including Pattern Completion Interval, Potential Reversal Zone, Potential Continuation Zone, Automatic Stop loss and take profit sizing.
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/
2. Harmonic Pattern Scenario Planner (2014)
Harmonic Pattern Scenario Planner is also the Type 1 Harmonic Pattern Scanner as explained above. With additional features of predicting future harmonic patterns, this is very tactical harmonic pattern scanner with advanced simulation capability on top of the powerful features of harmonic pattern plus.
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
3. X3 Chart Pattern Scanner (2019)
This is our next generation Harmonic Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Scanner as explained above. Therefore, this is the Type 4 Harmonic Pattern Scanner. On top of that, this tool can detect Elliott Wave Pattern and X3 Price Patterns. As a bonus, this scanner can detect around 52 Japanese candlestick patterns for your trading. This is the most advanced Harmonic and Elliott wave pattern detector in the market.
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993
Harmonic Pattern in Forex and Stock market is an advanced technique for your trading although it is hard to find out any scientific reference to its usage. We know that harmonic pattern is originated from Fibonacci Ratio Analysis. However, that is not sufficient to bring your harmonic pattern trading to another level. There is a need to pin down the harmonic pattern in terms of the science, that are the price dynamics and cycles.
Although the harmonic pattern are used by many successful trading strategies, no book or article will really pin down the science behind the harmonic pattern. The book: Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading) is exactly the book dedicated for this topic. This book will tell you the wisdom behind the harmonic pattern in Forex and Stock market trading.
Understanding the scientific principle always help you to bring it further than other traders. This book incorporates the price dynamics and cycles to explain why and how the harmonic patterns are formed in your chart. This also covers why the harmonic pattern and other Fibonacci based patterns are repainting. The book also provides how to detect them as well as how to trade them.
The book can be found in all the major book distributors in the world. Please choose the best book distributor you like from the link below including amazon.com, Google Play Book, scribd.com, Apple Book and so on.
https://algotrading-investment.com/p...monic-pattern/

Winning Trading Logic – Detecting Supply and Demand Unbalance

As we have pointed out in our article, detecting the supply and demand unbalance is the most important key in making profits in Financial market. The excessive momentum indicator is the automated tool to detect these unbalance in supply and demand for your trading. With excessive momentum drawn in your chart, it is much easier to predict the timing of new trend and its direction.
Here is the insightful article explaining where the profits comes and how the profits are captured with the knowledge of excessive momentum. If you really want to make money in the market, must read this article. Reading does not cost you anything.
https://algotrading-investment.com/2...entum-trading/
This Excessive Momentum Zone can be considered as either Accumulation or Distribution area in the Volume Spread Analysis. You can further find the symptoms of accumulation and distribution area using our Volume Spread Pattern Indicator (Paid and Advanced version) or Volume Spread Pattern Detector (Free and Light version). You can watch the YouTube videos to find more about the Excessive Momentum Indicator.
YouTube Video Momentum Indicator:
Here is link to Excessive Momentum Indicator available on MetaTrader 4 and MetaTrader 5 platform.
https://algotrading-investment.com/p...tum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621

Harmonic Pattern Indicator Explained

In this article, we will explain the type of Harmonic Pattern Indicator used for Forex and Stock trading. Firstly, there are several variations of Harmonic pattern indicators in history of Price Action and Pattern Trading community. Not all the harmonic pattern indicators are the same. In the past the main variations of Harmonic pattern indicators can be categorized as following three different types.

1. Type 1: Non lagging (fast signal) but repainting – option to enter from turning point. Indicator does not show the failed pattern in chart and last pattern can repaint.
2. Type 2: Lagging (slow signal) but non repainting – no option to enter at turning point. Indicator does not show the failed pattern but last pattern does not repaint.
3. Type 3: Detecting pattern at point C but repainting – option to enter at turning point. Indicator detect pattern too early and you have to wait until the point D. Pattern may not achieve point D. Indicator does not show the failed pattern and last pattern can repaint.

Type 1. Non lagging (fast signal) but repainting
First type is non lagging but repainting harmonic indicators. This sort of Harmonic pattern indicator is the typical harmonic pattern indicators used by many traders. The advantage is that you do get the signal early as possible. You have an opportunity to trade from the turning point all the ways down to the continued trend. The disadvantage is that you are not able to test your strategy in chart because this type of harmonic pattern indicator does not show the entry of the failed patterns in chart but only successful one. In fact, Harmonic Pattern Plus and Harmonic Pattern Scenario Planner are under this category. They would provide the fastest signal but you will not able to test your strategy in your chart because they do not show the failed entry in chart.
Type 2. Lagging (slow signal) but non repainting
The second type is that lagging but non repainting. Some people use pretty words like minimal lag Harmonic pattern indicator or etc. But really lagging is just lagging. You can not make it really pretty though. As the literal meaning of lagging indicates, this type of harmonic pattern indicators provide you the lagging signal comparing to the first type. It will only provide you the signal after some times passed the turning point. Hence, you do not have an option to consider your entry from turning point. Depending on the pattern size, sometimes, the lagging can be only several bars but it can range up to several dozens of bars like 30 or 60 bars. Sometimes, your entry might be at the first reversal after the turning point. Hence you have be careful with this sort of entry. The advantage is that you will not experience repaint with the latest pattern though. I am not sure if non repainting property can offset the disadvantage of lagging signals because professional harmonic pattern traders are looking for the turning point entry.
Type 3. Detecting pattern at point C but repainting
The third type is that detecting pattern at C point completion not at D point completion. This type of Harmonic pattern indicator do exists. This type of Harmonic Pattern indicators detect patterns way too early at the point C. For this reason, you have to wait quite some time to trade at point D. If you are trade on higher time frame like H1 or H4 or D1, you might have to wait at least half days to several days. You might run out of your patience quickly with this type of Harmonic Pattern indicator by just waiting and waiting. Since, it is detecting pattern at point D, you are not able to see any failed entry in your chart either. So it does repaint. What is worse is that the pattern can be disappeared while you have been waiting some time. You are just wasting your time in this case.
Some people asked me if they can trade from point C to D. The answer is no because we only recommend to trade patterns after we have done intensive research. We did not do research on trading from point C to D.
By summarizing above three types of harmonic pattern indicator, we can draw some interesting conclusion. Non lagging means repainting and lagging means non repainting. There seems to be some balance between fast signal and repainting issues. It might be the universal or physical law.
4. Main problem of Harmonic Pattern Trading for starter
At the moment, the main problem of Harmonic pattern trading is that indicator or scanner does not show the failed patterns in chart. In fact, no harmonic pattern indicator or scanner shows anyway. Hence this is not the problem for you only but for entire harmonic pattern trader ( also including Elliott Wave pattern trader too). Because Harmonic pattern indicators (Type 1, 2 and 3) show only successful patterns in chart, some people take them as true success rate. This look like success rate of 90% or something.
But, this is not the true success rate. There are many failed patterns and they are just not shown in chart. Then why harmonic pattern indicator or scanner do not show the failed patterns in chart? Is it because we want to hide the failed patterns in the intention to show some false information to trader? Answer is no and never. We are all honest people. Simply it was considered as being impossible to create such a pattern detection algorithm showing failed patterns in chart. So the reason was simply because of the technological barrier.
Hence, experienced Harmonic pattern trader live with this fact every day including myself and others because no such a tool showing failed historical pattern in chart anywhere. We just use our experience to fill the missing information about the failed patterns.
For starters, however this makes difficult to visually understand and test strategy with patterns from chart. They have to rely on external source to learn strategy. This is hard for starters and even for experienced harmonic pattern trader. Sometimes, starters believe that harmonic pattern indicator provide the success rate that was counted from successful patterns only in chart like 90% or something as they do not know that harmonic pattern indicator (Type 1, 2 and 3) does not show failed patterns in chart.. This should be not the right motivation to get involved with harmonic pattern trading. The right motivation to trade with harmonic pattern is that you have an option to trade from turning point.
Now the question, can we have non lagging and non repainting harmonic pattern indicator showing failed historical patterns in chart? The answer is yes. We have broken the critical technological barrier. Now you can have non repainting and non lagging harmonic pattern indicator giving you the true success rate in your chart.
This would be great guidance and trading resource on its own. Because you can easily learn how to use pattern together with other technical and fundamental tools, this would relieve strategy concern for all harmonic pattern trader. You have to remember that non repainting and non lagging harmonic pattern indicator is superior than above three pattern indicators (Type 1, 2 and 3). However, because non repainting and non lagging harmonic pattern indicator shows failed patterns in chart, you might get the opposite perception. Please don’t. Repainting or lagging harmonic pattern indicator (Type 1, 2 and 3) will have equally bad or even more number of failed patterns comparing to non repainting and non lagging one.
For your advantage, it is always better to work with the indicator giving you the realistic success rate for your trading. Then you will quickly learn how to improve your trading. In long run, non repainting and non lagging harmonic pattern indicator is definitely good one to stick with. You can add extra filter or other secondary confirmation. These efforts are real because you can measure the realistic outcome with non repainting and non lagging indicator. Remember that you can readily find out the true winning system with non repainting and non lagging harmonic pattern indicator whereas it is very hard for repainting or lagging indicators (Type 1, 2 and 3).
5. Can we have non lagging but non repainting Harmonic pattern Indicator?
Now the question, can we have non lagging and non repainting harmonic pattern indicator? The answer is yes. This is the next generation of Harmonic pattern indicator which was born from intensive scientific research. We shipped the technology to our Profitable Pattern Scanner. We have provided it for the first time in history.
This type of non repainting and non lagging indicator will provide you the fastest signal entry like first type of harmonic pattern indicator. At the same time, it will show you the failed entry in your chart. Hence you can build and tune your strategy in your chart with other technical indicators at ease or even in backtesting mode. Since you can trade as you see from chart, the confidence of your trading will increase dramatically. This is the true hybrid of all above three types of harmonic pattern indicators. With little bit of knowledge on Pattern Completion Interval, you could take the entry at your favored risk to rewards ratio. We also provide Potential Continuation Zone to perfect your harmonic pattern trading. In addition, you can watch the YouTube Video titled 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”:

YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”:
Below is the direct link to X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

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/

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/

Ace Supply Demand Zone Indicator – How to Remove Take Profit and Stop Loss Levels

One of the greatest advantage of Ace Supply Demand Zone indicator is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.
There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.
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 learn the basic operation with the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”:
Below is link to Ace Supply Demand Zone Indicator.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/

Non Repainting and Non Lagging Harmonic Pattern Scanner

X3 Chart Pattern Scanner is the world first Non Repainting and Non Lagging Harmonic Pattern Scanner. Harmonic pattern indicator and scanner help you to automatically detect the Harmonic Patterns like Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on. If you have used the automated Harmonic Pattern Scanner, then you probably know some specific facts about the harmnic pattern indicators in regards to repainting. Repaintng is a fact you should know about when you buy Harmonic Pattern indicators and Scanners on the internet. It does not matter which website you get from or which company you get from or what price you get from, the automated Harmonic Pattern indicator and Scanner can be repainting and if not, then they will lag behind the actual Harmonic Pattern signal. In addition, they will not show the fully synchronized real time signal like you can observe the historical signals in your chart. This can confuse the real trading performance or success rate of your trading strategy with Harmonic Pattern.
Despite of the fact that many trader uses Harmonic Pattern indicators and Scanners, this happens due to the technological limitation. Harmonic Pattern provides the fast signal entry comparing to other techncial indicator. Instead of this fast signal, they are repainting. Hence, there is a trade off between the fast signal and repainting. Think about the moving average or other technical indiactor. In terms of the trading signal, they mostly lags behind the actual turning point due to the smoothing algorithm used in the techncial indicator. This is to say that it is very hard to build the Harmonic Pattern Detection indicator that gives you the fast trading signal without repainting. Even if someone build that non repainting Harmonic Pattern indicator, finding the consistency between real time signal and historical signals are another story. But everyone want to have this sort of dream Harmonic Pattern Indicator even though techncially such a harmonic pattern indicator is really hard to build.
After the intensive research, X3 Chart Pattern Scanner is the game changer for everyone. It does not repaint or lag. It will provide you pattern at turning point but you do not have to worry about if incomplete harmonic pattern will disappear from the chart or not. It will provide the real trading signal as you can see in the historical signals in your chart. You can backtest your trading logic with any secondary confirmation from your chart. Hence, you can base your trading entry and exits as you perceived from your chart. In another words, you can trade as you see from your chart. All other Harmonic Pattern scanner does not provide this sort of direct backtesting capability in your chart.
As a bonus, X3 Chart Pattern Scanner provides around 52 Japanese candlestick patterns + Advanced automatic channel function to improve your trading performance. Of course, there are tons of other powerful features for your trading. You can find those features from the landing page of X3 Chart Pattern Scanner. Below is the link to X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5.
https://algotrading-investment.com/p...ttern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993

Here are some YouTube Videos about Non Repainting Harmonic Pattern Scanner. 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:

However, if you do not mind repainting or historical backtesting, then we provide the powerful Harmonic Pattern indicator at affordable price. For example, Harmonic Pattern Plus and Harmonic Pattern Scenario Planner are the repainting Harmonic Pattern Indicator with tons of powerful features. You can have a look what powerful features are included inside Harmonic Pattern Plus and Harmonic Pattern Scenario Planner from the link below. Most importantly, they come at affordable price and they are easy to use. Please have a look at the link below.
https://algotrading-investment.com/2...ntroduction-2/

You can use Advanced Price Pattern Scanner to automatically detect different price patterns in your chart.

By clicking on the dots at the bottom of the page, you can see the price patterns that have been detected in your chart.

It can detect many useful chart patterns like Triangle, Falling Wedge, Rising Wedge, Double top, head and shoulder pattern and so on.

Stop Loss and Take Profit with Harmonic Pattern

In this article, we will explain how to set stop loss and take profit with Harmonic Pattern. For any professional trading strategy, there are ways to manage the trading risk. Fortunatley, Harmonic Pattern can have the easy and complete trading risk management with Pattern Completion Zone. Pattern Completion zone is not the rocket science. It is a rectangle box drawn at the point D of any Harmonic Pattern. It can be drawn for any Harmonic Patterns including Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on.
You can consider the pattern completion zone as the trading zone simply speaking. If you are not sure what is the trading zone, then think it as just two price range, often used in the support resistance trading or supply demand trading or volume spread analysis or any other technical anlaysis. You can read more about the pattern completion zone and trading zone in Guide to Precision Harmonic Pattern Trading. However, if you have not read this book yet, then let us just assume it as two price around the point D in the Harmonic Pattern. Typically, the pattern completion zone will be provided with Harmonic Pattern Indicator or Scanner you are using for the purpose of the trading risk management. Pattern completion zone is very useful to visualize the price trajectory around the point D of the Harmonic Pattern. For example, price can have several trajectory inside or outside the pattern completion zone.
With the Pattern Completion Zone, you can observe that sometime price can reach outside the pattern completion zone. Sometimes, price might just make a good turning point within the Pattern Completion Zone. The implication of this is that we need to set the sensible stop loss when we trade with the turning point. What is important here is that the stop loss size and take profit size. We can this as the Reward/Risk ratio. This is really important quantity to understand if you want to become a profitable trader.
Stop loss size around the pattern completion zone can be changed. As long as you understand the pros and cons of using large stop loss, it is still fine to control your own stop loss size. It is best to express the stop loss size in terms of pattern completion zone. Likewise, it is best to express the take profit size in terms of the pattern completion zone too. It is because your Reward/Risk ratio is easily visualized in your chart without any additional calculation steps. For example, if the original stop loss size was equal to 1 x pattern completion zone, you can certainly use 1.5 x pattern completion interval or 2 x pattern completion interval. This will impact of your Reward/Risk ratio. Hence, you need to adjust your take profit target too. So there are some interactive element for trading. It is the safe and profitable way to trade as it helps to manage your trading risk in highly visual form and in quantified manner.
Another consideration is, 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 having the 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. Pattern Completionzon helps you to measure all these important price levels with just a simple box, also know as the trading zone.
All our Harmonic Pattern indicator comes with this pattern completion zone. Hence, Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner come with the Pattern Completion Zone. This means that with these products, you can manage your trading risk like the professional trader does.
In addition, you can watch the YouTube Video titled 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”:
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”:

Below, we provide the landing page for Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner for your information.
Harmonic Pattern Plus
One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/p...-pattern-plus/
Harmonic Pattern Scenario planner
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/p...nario-planner/

X3 Chart Pattern Scanner
Both Harmonic pattern plus and Harmonic Pattern Scenario planner are the excellent trading system at affordable cost. However, if you do not like repainting Harmonic pattern indicator, then we also provide the non repainting and non lagging harmonic pattern trading. Indeed, the X3 Chart Pattern Scanner is the most advanced Harmonic Pattern and Elliott Wave pattern scanner. Beside, X3 Chart Pattern Scanner provides many other powerful features like the customizable option and advanced channel and so on
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

Mean Reversion Supply Demand – How to Remove Take Profit and Stop Loss Levels

One of the greatest advantage of Mean Reversion Supply Demand is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.
There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.
https://www.mql5.com/en/market/product/16823
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/p...supply-demand/

Elliott Wave Trend Tutorial 1

In this article, we will provide a simple tutorial for Elliott Wave Trend in Forex and Stock trading. Elliott Wave Trend is a good tool to identify the Elliott Wave Pattern in your chart. With some knowledge of Elliott Wave analysis, this tool get rid of a lot of manual wave analysis to save your time and effort. However, it can be more accurate through as it provides wave score for impulse wave and corrective wave. Elliott Wave Trend provides you a lot of features for your trading. Of course, many automatic analysis in Elliott Wave Trend is handy and convenient. Elliott Wave Trend consists of the following features:

1. Turning point strength
2. Turning Point strength Indicator for multiple time frame scanning
3. Automatic Wave Analysis with Template and Pattern Approach
4. Manual Wave Analysis with Template and Pattern Approach
5. Wave Analysis saving and sharing System

This tutorial is not necessarily covering everything. But this tutorial will try to give some intuition over the automatic Wave Analysis. Automatic Wave Analysis is based on the template and pattern approach described in the book: Financial Trading with Five Regularities of Nature (Scientific Guide to Price Action and Pattern Trading).
Steps to perform the automatic wave analysis.
For Automatic Wave Analysis, you can only perform with Impulse and Corrective Waves.

1. Click either Impulse or Correct button
2. Click any wave template in the sub window (i.e. small blue and red circles).
3. Click Draw Line button.
4. Use either position rule or Wave Score to accept and to reject your analysis.
5. Your trading will be based on the levels and turning point projected from your analysis.

Along with this article, you can have a look at this YouTube video about Elliott Wave Analysis. With this video, you will find more practical way of applying Elliott Wave for Forex and Stock trading.
YouTube Link:

Here are the links for Elliott Wave Trend.
https://algotrading-investment.com/p...tt-wave-trend/
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
If you need more complete tutorial on Elliott Wave Analysis, visit this link:
https://algotrading-investment.com/2...g-performance/
When you want to set any trading alert after you wave analysis, you can use our free Auto Chart Alert.
https://algotrading-investment.com/p...o-chart-alert/

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/

Most advanced Elliott Wave Software for your 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.
In the following article, we explain some basics operation with Elliott Wave Trend in MetaTrader.
https://algotrading-investment.com/2...g-performance/
At the same time, you can watch YouTube video titled as “Elliott Wave Trend Intro to find out more about Elliott Wave Trend Indicator.
YouTube Link:
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/p...tt-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479

Harmonic Pattern Guide

Guide to Precision Harmonic Pattern Trading is a good book to get the trading guide for Harmonic Pattern. Here is some information about the book.

1. Book Title: Guide to Precision Harmonic Pattern Trading
2. Book Subtitle: Mastering Turning Point Strategy for Financial Trading

This book will explain the Harmonic Pattern Trading in practical approach. Book will explain how to predict the turning point uisng Harmonic Pattern like Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on for currency or stock market. The book also explain the ratio framework used in Harmonic Pattern. The book will also demonstrate the possible price trajectory around the point D of Harmonic Pattern. The book also touches the order managment and risk management in detail when you trade with Harmonic Pattern. The book will describe How to use Pattern Completion Zone, Potential Reversal Zone and Potential Continuation Zone at your advantage for your turning point prediction. If you want to use harmonic pattern, this is a must read book.
This book is available from various book distributors on the internet including Google Play Book, Scribd, Amazon, Kobo, Apple and so on.

Google Play: https://play.google.com/store/books/details?id=8SbMDwAAQBAJ
Scribd: https://www.scribd.com/book/39404110...attern-Trading
Apple Books: https://itunes.apple.com/us/book/id1444526074
Amazon.com: https://www.amazon.com/dp/B01MRI5LY6
Barnes & Noble: https://www.barnesandnoble.com/w/gui...=2940156276585
Rakuten kobo: https://www.kobo.com/ww/en/ebook/gui...attern-trading
In addition, you can find free trading education from the link below. If you want to improve your day trading, then you can use this trading education. Learn how to maximize your profit in Forex and Stock Market with this free trading education.
https://algotrading-investment.com/2...ing-education/

If you are looking for Harmonic Pattern Indicator or Harmonic Pattern Scanner, you can find a good one from the website below. In fact, this website provides many tools and indicators related to Price Action, Price Pattern and Chart Pattern.
https://algotrading-investment.com
https://www.mql5.com/en/users/financ...eller#products

Smart Renko Chart Basics

Renko chart is a popular tool to trade with the price action in Forex and Stock market. We created a powerful tool called Smart Renko for Price Action Trader. Here we will explain how to use Smart Renko Chart in brief. Smart Renko is a hybrid tool between renko chart and candlestick chart. Smart Renko provides the spread view of the renko bricks on the candle stick chart and then it also keeps the normal renko chart on the bottom. The advantage of Smart Renko is that you can use the analysis of renko chart together with the analysis of candlestick chart at the same time. You can get the best out of the both world.
The important point before using any Renko chart is about the brick height. This also appies to the Smart Renko Chart too. Just like normal renko chart, Smart Renko chart need to decide the good number for brick height. From my experience, you can the brick height near the 1 standard deviation. However, you must use the brick height in the round number because standard deviation might come in decimal numbers. So be sure to round up those decimal numbers into good integer numbers.
Another consideration is that your brick height should be in the factor of 100 or 1000 pips for your trading. That is like 5, 10, 20, 25, 50, 100, etc. From my experience, these factored number can serve better for your brick height. If you do not choose sensible brick height, then you might not able to see anything on your charts. So be sure to choose the sensible brick height.
Finally do not forget that in Smart Renko, your analysis in Renko chart can be transferred to Main chart by double clicking over the Trend lines.
If you want to dig deeper, please google on renko chart. You will see a lot of articles about Renko charts and how to trade with them.
https://www.mql5.com/en/market/product/9911
https://www.mql5.com/en/market/product/9944
https://algotrading-investment.com/p...m/smart-renko/

In addition, some feature of Smart Renko is built inside the Price Breakout Pattern Scanner. Hence, you can use the automated Pattern Scanner together with Smart Renko Chart inside the Price Breakout Pattern Scanner. Price Breakout Pattener cotains two tools in one techncial indicator. In addition, Price Breakout Pattern Scanner provides the 52 Japanese candlestick patterns to assit your trading decision. Here are the links for the Price Breakout Pattern Scanner.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

Manual For Pairs Trading Indicator

Pair Trading Station is a powerful Pairs Trading Indicator that uses the correlation and spread analysis. Pairs trading is also known as the statistical arbitrage as it involves buying undervalued asset and selling overvalued asset at the same time. Pair Trading in Forex can be best described as taking the hedge position of buying and selling two highly correlated instruments at the same time. However, pairs trading can be used to predict the turning point. For example, it is possible to only take one buy or sell position only. When you take one position, you can use the pair trading signal as the primary confirmation and then you can use other secondary confirmation techniques to accomplish your trading decision. On the other hands, you can use the pair trading signal as the secondary confirmation techniques and then you can use your other technical or fundamental analysis as the primary confirmation. One thing you have to note here is that your other techniques to be used together with our pair trading signal should be based on the mean reversion trading because pair trading is based on the mean reversion trading principle too.
You can have a look at this manual from the link. This manual was written for Pairs Trading Station. This manual focuses on taking the hedging position between buying and selling two highly correlated instruments. The manual includes how to use the basic features of Pairs Trading station like buttons and input settings. In addition, it also teach you how to interpret the spread for your trading. As we have mentioned before, once you can interpret the spread, then you can combine the spread analysis with other secondary confirmation techniques.
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

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/