Price Breakout Pattern Scalper EA For Free

We are working on to add new functionality on our Harmonic Pattern Scenario Planner.
Once again we will bring our Harmonic Pattern Scenario Planner to new level for much more sophisticated trading decision.
Please stay tuned for the update for Harmonic Pattern Scenario Planner. Won't be long.
Kind regards.

https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101

In version 3.5 of Harmonic Pattern Scenario Planner, you can choose to filter out bad scenarios and you can see only best senario (the pattern closest to ideal pattern) of its Pattern type. (Set Use Best Scenario Only = true). You can still choose to see all the scenario patterns found by Scenario Planner too (Use Best Scenario Only = false).

So this way you don't get to see a lot of confusing future patterns but few patterns with high accuracy. This future pattern detecion techniques of harmonic Pattern Scenario planner is the same things as the experience traders drawing future patterns before the pattern is completed. Literarly, you can anticipate future and you can take fast and more accurate entry than other traders.

Please check it out with your own eyes. It is fully automatic and the advanced tool for sophisticated trading decision.

Best luck with your trading in March.

Regards.

There was some interesting question asked from one customer about Harmonic Pattern Scenario Planner. Here is the answer to his questions.


===================================================================================================================================================================
Hi.

just let you know that Harmonic Pattern Plus and Harmonic Pattern Scenario Planner is really working tools. Many of our customers are staying in the winning side. This is the results when you created automated trading system based on our Harmonic Pattern plus.

http://www.myfxbook.com/members/Finn...gineer/1057374


"Overcome repainting issue with an already formed harmonic pattern"... could you elaborate any further how the indicator shall help traders overcome repainting issues normally found on harmonic patterns? An example or two would be just great.

In regards to repainting, say for example, you have a bullish butterfly pattern formed at your latest bar. Now you want to know if further price down movement (like 10 or 20 pips down move) can provide you another bullish butterfly patterns or any other bullish patterns. (This is commonly known as repainting.)
Here what you need is to run scenario planner and ask what possible other patterns out there if price move down further (or even further up). Scenario Planner will collect all the possible future patterns adjacent to your current bullish butterfly patterns for your decision making.
This means that even if current price move down 10 or 20 pips forming another bullish butterfly pattern (or other pattern.), this will not give you hard time any more for your trading decision because scenario planner already told you that future price can be formed with 10 or 20 pips price down.

Note that Repainting is only issue because the general harmonic pattern indicators does not have ability to detect future patterns. Harmonic Pattern Scenario Planner overcome such a issue by anticipating possible future pattern in the potential price movement range.
The quality of pattern is measured by MAPE metrics in our Harmonic Pattern Plus and Scenario Planner. So by watching out this MAPE metrics you can decide your entry with the latest pattern or wait little bit more.



Let's look at live example, butterfly pattern formed now. (With this pattern, trader could take profit up to 38.2% retracement with this bullish butterfly pattern. But let's ignore this fact for now.). Trader can decide to take entry with this current butterfly pattern or not. However, trader want to check if further price move down, another pattern can be formed and if he should wait until then.


https://c.mql5.com/31/53/EURGBPM5_beofre__1.png



Running simulation with Scenario Planner to check up if it is possible to form another bullish butterfly pattern at different price. The answer is yes. In picture below, the future butterfly pattern is shown with light green colour (Aqua). You can see that another pattern could possibly form if the current price go down further. Knowing that further price move down can form another butterfly patterns, your trading decision will be have less hard time to enter immature patterns or less accurate patterns. In this case, you know that there are quite large gaps between two patterns, so you might split your trades into two trades.



https://c.mql5.com/31/53/EURGBPM5_after__1.png




"Worst case scenario before entering a trade"... will this be affected if we set "Filter Bad Scenarios" to "True"?
The difference between Filter Bad Scenarios = true and Filter Bad Scenarios = false is you will get to see all the future pattern in the potential price range with Filter Bad Scenarios = false.
Whereas, you will see less ideal pattern of the same pattern kind removed with Filter Bad Scenarios = true.
Worst case scenario is indeed your worst loss from trading at that pattern. To know worst case scenario from one pattern kind in details, it is better to set Filter Bad Scenarios = false.
To know worst case scenario from all the possible pattern kind (butterfly, Gartly, etc), it is still ok to set Filter Bad Scenarios = true. Also note that Filter Bad Scenarios = true, you will get to see the pattern closest to ideal pattern (Lowest MAPE).
Therefore up to some extent, these patterns (lower MAPE) can be labelled as more accurate pattern than the other patterns with less ideal patterns (higher MAPE).



"More accurate prediction of entry and exit timing"... does this refer to current entry for present harmonic pattern or for future ones?
It is talking about your overall trading decision. In trading community, high probability strategy is considered what most traders should follow.
With scenario planner, you could get advantage over the advanced information. For example, 1.3000 you got bullish butterfly patterns formed, but scenario planner tell you that bearish Gartly pattern can be formed if price goes up to 1.3009. Then you will take this information to change your buy order to sell or at least you will wait to do so or you will be prepared, right? But what about other traders? They won't know until this pattern is actually formed on their charts. They may not in presence of their computer when this happens. This is why a lot of experienced (senior) harmonic pattern trader anticipate future patterns and draw the patterns even well before they are formed on their charts. Harmonic Pattern Scenario Planner is the tool automatically does it for you. No more painful manual drawing. Aren't you excited to know future information one step ahead of other traders? Indeed, this is advantage of Harmonic pattern Scenario Planner.



Note that in general , to learn Harmonic Pattern Scenario Planner, you will need sometime to practice. So the general recommendation is to use Harmonic Pattern Scenario Planner in Harmonic Pattern Plus mode until you get comfortable with Harmonic Pattern Trading and then move on to Scenario Planner mode in the future and make much more sophisticated trading decision.


Kind regards.

F.E.

A lot of customers don't realize that Harmonic Pattern Plus has the powerful candle stick pattern built inside to assist your harmonic pattern trading because it is switched off when it is shipped to you.
The built in candlestick is as good or even better than any other stand alone candlestick pattern detector in the market. It can detect 52 candle stick patterns purely using price action. We don't use any moving average filters in our candle stick pattern detector.
So please don't forget to set on UseCandleStick pattern = true on the bottom of your indicator settings to use your candle stick pattern scanner in your Harmonic Pattern Plus.
Kind regards.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475

Harmonic Pattern Plus is ranked in 34th among 3000 products in the popular Meta Trader 4 software league (https://www.mql5.com/en/market/mt4).
We are proud and thankful to receive such a high interest and supports from our customers.
We will have many surprise news in next 2 month in terms of our products and in terms of our growing business. So please stay with us tuned.

Also our Harmonic Pattern Plus, Price Breakout Pattern Scanner, Sideways market analyser will have some update news soon.
Best luck with your pip hunting.

If you have made a good progress with our software in your trading, please contact us. We have several ways of promoting your business to help your trading and investment business on [email protected]

Kind regards.

Hi. Traders.



Harmonic Pattern Plus, Harmonic Pattern Scenario Planner, Price breakout Pattern scanner, Sideways market Analyser will have improved appearance in new update.
Stay tuned. The update will be ready in next couple of days.


This is done to improve the functionality of our software as well as for your trading operation.


Kind regards.




https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/5314

Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and Price Breakout Pattern is updated and ready for you. Wait little bit more for sideways market statistical analyser.

Plus we are in processing stage to offer you free Order Risk Management Expert Advisor.

This Order Risk Management Expert Advisor can help you to do One click trading with managed risk.

If you are fed up to calculate your risk manually using excel or other tool. This EA is something you must have.

Anyone can use this free handy tool with your own trading strategies.

So wait for next couple of days for complete process. We will upload download link here when they are ready.

Kind regards.

Hello Traders.

Very good News.

As we have promised, we have released our Order Risk Management EA for both MT5 and MT4.
Order Risk Management EA both MT5 and MT4 version are available now.

This is free tool and use this tool to protect your money and to send fast order with managed risk.

Please take enough time to get comfortable with this EA before you start on your live trading.

Here is download links:

https://www.mql5.com/en/market/product/8586
https://www.mql5.com/en/market/product/8585

Also watch video here too.



Kind regards.

Price Breakout Pattern Scanner update in process.

In version 3.3

1. Text Size variable added for trade instruction - If Text Size for Trade instruction = 0, then indicator won't display any instruction. Indicator will only display the name and shape of the patterns.

2. Push Notification added. Now you can send notification to your mobile terminal.

3. Button Text Size variable added - user can change text size on buttons.

https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858

Learn about Price Breakout Pattern trading from our business partners:

http://forexchartprofits.com/forex-chart-patterns/head-shoulders-pattern/.
http://forexchartprofits.com/forex-chart-patterns/automated-chart-pattern-recognition/


This website is running by a veteran Forex trader with a 10 years of trading experience.


Both MT5 and MT4 software for Price Breakout Pattern Scanner is available from here:

https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858

Regards.

Price Action Candle Detector will be updated to version 1.5.

In version 1.5, Push Notification is added. Now user can receive notification on their mobile device (i.e. Smart phone.).
Enjoy the power of this great trading tool.

https://www.mql5.com/en/market/product/5728
https://www.mql5.com/en/market/product/5721

Greetings to all the traders.

Very good news.

We are currently working for new update for following products:
Harmonic Pattern Plus:
https://www.mql5.com/en/market/product/4859

Price Breakout Pattern Scanner:
https://www.mql5.com/en/market/product/4488

Harmonic Pattern Scenario Planner:
https://www.mql5.com/en/market/product/6240




Soon we will add a new function to lock the latest patterns from your chart.

This means that now you can lock the latest pattern (or any other chosen pattern) in your chart before you trade using that latest pattern.

Now you don't have to worry about if the chosen pattern will disappear after your trading due to new pattern arrivals.

Of course, you will have a function to unlock and delete the latest pattern from your chart too. You can use this unlocking feature if you believe that the latest pattern is no longer needed for your trading.

You can use this locking and unlocking feature to enhance your real live trading.

Wait for this new update. It might take several days we are currently doing final test on these features.

We feel that this would provide a lot of benefits to users and we are already excited so much.

This update will be applicable to:

Harmonic Pattern Plus v3.5,
Price Breakout Pattern Scanner v3.6,
Harmonic Pattern Scenario Planner v3.8.


All the best for your trading.

Kind regards.

The new update with locking and unlocking features are available for the following products now.
Check it out.

Harmonic Pattern Plus v3.5:
https://www.mql5.com/en/market/product/4859

Price Breakout Pattern Scanner v3.6,
https://www.mql5.com/en/market/product/4488

Harmonic Pattern Scenario Planner v3.8.
https://www.mql5.com/en/market/product/6240

Best luck for your trading.

Kind regards.

===================== Update news =====================

We are currently updating Harmonic Pattern Plus and Harmonic pattern Scenario Planner.

New feature 1:

Now both Harmonic Pattern Plus and Harmonic pattern Scenario Planner will draw following fibonacci projection lines:

1. Internal Price Retracement (XA)
2. External Price Retracement (BC)
3. Correction Price Projection (ABCD)
4. Future Price projection (CD, this is existing fibo retrancement from earlier version.)

Using this automatic features, trader can identify Potential Reversal zone (where more than one fibo projection lines are overlapping or by identifying clusters of fibo lines.). Of course, Trader can cotrol the depth of Fibonacci projection for all four projections. So less sophisticated traders can only use few lines of fibo projections whereas more sophisticated traders can choose to use full fibonacci projection to identify PRZ.

Trader can control their stop loss and take profits more sensibly as often highly densed fibo zones acts as strong reversal or breakout zone.



New feature 2:

Harmonic Pattern Plus and Harmonic Pattern Scenario Planner will be able to detect pattern at any time by just clicking "Symbol" button. This feature will be very useful when you want to detect pattern duing at any tick arrival than just waiting for new bar arrival.


Meet the most sophisticated and scintific Harmonic Pattern trading tools here:

https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240

We have updated our Harmonic Pattern Plus (version 3.8) and Harmonic Pattern Scenario Planner (version 3.9). They might be available in next 2 days.

https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475

https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/6101


Here are what we have updated. Sorry it is rather long description. View the attached screen shot for faster understanding.


==========================================================================

In version 3.8 New feature 1:


We added Fibonacci projection of followings:

1. Internal Price Retracement (XA)
2. External Price Retracement (BC)
3. Correction Price Projection (ABCD)
4. Future Price projection (CD, this is existing Fibo retracement from earlier version.)


Trader can control depth of these Fibonacci Projection using following variable:

Potential Reversal Zone Projection Depth (0 to 8, 0=no drawing).

value 1: fewer Fibonacci lines (for less sophisticated trading setup)
value 8: more Fibonacci lines (for more sophisticated trading setup.)



Also individual Fibonacci projection can be switch on/off by setting these values to zero or other values:

Potential Reversal Zone Line Length for XA (0=no projection)
Potential Reversal Zone Line Length for BC (0=no projection)
Potential Reversal Zone Line Length for ABCD (0=no projection)


For Future Price projection (CD, this is existing Fibonacci retracement from earlier version.), is identical to and this can be controlled by previous Fibo Display option.



In version 3.8 New feature 2:

Now by just simply clicking over "Symbol" button on your chart, trader can detect new patterns at any tick arrival without waiting for new bar arrival. This is useful if you want to detect patterns before new bar arrivals. (Fast discovery of the patterns.)

Harmonic Pattern Plus (version 3.8) and Harmonic Pattern Scenario Planner (version 3.9) are now updated and ready for download.

Meet the most sophisticated and Scientific Harmonic Pattern Trading Software.

https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475

https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/6101

Kind regards.

Never underestimate this small tool. Regardless of your trading strategy, this Price Action Candle Detector can advise your entry and exit point pretty accurately. This Price Action Candle Detector even works on 1 minute chart. One setting works for any currency pairs and any time frame. It is very simple to use but powerful tool.




https://www.mql5.com/en/market/product/5728
https://www.mql5.com/en/market/product/5721

Here is the manual about how to backtest Potential Reversal Zone using Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. This manual is for educational purpose only. Hope this is helpful for your profitable trading.

Kind regards.

Auto Investment Manager Update News:


We are currently working on Smart Trail Stop for Auto Investment Manager MT4.

We believe that Smart Trail Stop can enhance the performance of AIM in Live trading even more.

We are currently testing AIM with Smart Trail Stop on demo account. We will shortly release working version quite soon to our customers.


Note that Smart Trail Stop is not part of optimziation process as Smart Trail Stop is very heavy computing part of AIM.

The optimization process for AIM is exactly same as before. But just switch off Smart Trail Stop during optimzation stage.

Then after you have selected your parameter setting, you may just switch on Smart Trail Stop for your live trading.

Also benefit of Smart Trail Stop will not be seen much in backtesting as most of time backtesting works with simulated discret ticks.

Just warn you in case that you are very enthusiatic backtesting fan.



There is no complication of using Smart Trail Stop. If you don't want to use Smart Trail Stop, then simply turn off for your live trading.


Plus this update is only applicable to MT4 version of AIM.



We are really excited to release this version with Smart Trail Stop for our customers.

This is not end of good news. Stay tuned with us always.

Kind regards.


https://www.mql5.com/en/market/product/5315
https://www.mql5.com/en/market/product/8905

Update News for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner.
We found small bug of getting array out of range error when you set PRZ depth = 0.

We will fix this error soon and release new version.

Kind regards.