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Price Breakout Pattern Scalper EA For Free
- #64
- May 19, 2015 12:59am May 19, 2015 12:59am
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Currently waiting for the price to come down for NZDUSD.
Small Pending order trading set up example based on PRZ identification.
If price don't touch, then we don't trade.
If price touch the PRZ and penetrates the PRZ then, we trade based on breakout.
You can use such a trading setup even if you are part time forex trader.
Fully Automatic Software, Harmonic Pattern Plus can help you to learn all these trading tricks.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/6240
http://harmonicpattern.ucoz.co.uk/
Small Pending order trading set up example based on PRZ identification.
If price don't touch, then we don't trade.
If price touch the PRZ and penetrates the PRZ then, we trade based on breakout.
You can use such a trading setup even if you are part time forex trader.
Fully Automatic Software, Harmonic Pattern Plus can help you to learn all these trading tricks.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/6240
http://harmonicpattern.ucoz.co.uk/
- #65
- May 19, 2015 1:38am May 19, 2015 1:38am
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Pending order become market order and Take Profit target nearly hit.
If you have a moment, it is sensible to move you stop loss to breakeven or near but this is optional.
Note that this demonstration is educational purpose only (But this was done in live trading).
Each step is listed in time order as clear as possible.
If you have a moment, it is sensible to move you stop loss to breakeven or near but this is optional.
Note that this demonstration is educational purpose only (But this was done in live trading).
Each step is listed in time order as clear as possible.
- #66
- May 19, 2015 1:51am May 19, 2015 1:51am
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Take Profit target hit and trade existed.
Again you can see how market treat next PRZ.
Harmonic pattern is most logical way of sorting and drawing supports and resistance lines.
You can thoroughly back testing this PRZ idea to improve your trading idea with Harmonic Pattern Plus.
Here you can find the PRZ backtesting manual.
http://harmonicpattern.ucoz.co.uk/index/technical_support/0-30
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/6240
Again you can see how market treat next PRZ.
Harmonic pattern is most logical way of sorting and drawing supports and resistance lines.
You can thoroughly back testing this PRZ idea to improve your trading idea with Harmonic Pattern Plus.
Here you can find the PRZ backtesting manual.
http://harmonicpattern.ucoz.co.uk/index/technical_support/0-30
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/6240
- #69
- Jun 4, 2015 6:21pm Jun 4, 2015 6:21pm
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Update news for Price Breakout Pattern Scanner.
Our ongoing efforts of combining Price Breakout pattern Scanner with Smart Renko indicator is on its way. We are currently counting our update for version 3.7. We expect this will be done in next 5 working days.
Please read our update note below for your understanding.
================================ Update note =====================================
In version 3.7, Price Breakout Pattern Scanner can call the partial functionality of Smart Renko Indictors. However use of Smart Renko indicator is optional and user can decide not to use this Smart Renko partial Functionality (just use Price breakout pattern scanner as in previous version.).
There are some difference exists between MT5 Price Breakout Pattern Scanner and MT4 Price Breakout Pattern Scanner in calling Smart Renko indicator internally.
MT5 Price Breakout Pattern scanner can call most of functionality of Smart Renko indicator whereas MT4 Price Breakout Pattern Scanner can only use some functionality of Smart Renko Indicators. This is caused by the programming structure difference between MT4 and MT5 terminals(i.e. MT4 terminal does not use indicator handle yet.). This is beyond my programming ability.
However, the partial functionality of MT4 Price Breakout Pattern scanner can still offer much more clear entry and exit decision for traders. This is even more true for MT5 Price Breakout pattern Scanner.
To control Smart Renko Indicator from Price Breakout Pattern Scanner, user can control following inputs from Price Breakout Pattern scanner.
=========================== Input description ==========================
Brick Height Mode: choose between 0 and 1. Brick Height Mode 0 = User specified input for Brick height. Brick height Mode 1 = Automatic Calculation of Brick height using Standard deviation and z value.
Brick Height value: For Brick Height Mode 0, this is use specified pip value for brick height. For Brick Height Mode 1, this is z value for standard deviation. Sensible z value can range from 0.5 to 4. However mostly z value of 1.0, 1.68 and 1.96 is used in industry. If you are already familiar with Renko charting, then you must have some preference in your brick height. In such a case, just use Brick height Mode 0.
Bars to scan: This is count of bars in your current time frame where indicator is attached. Brick will be display on this bars.
Time Frame used for Brick Calculation: This is sub time frame to be used for brick calculation. Note that Smart Renko uses sub time frame to calculate brick and the brick will be displayed on current time frame.
Time Frame used to update Renko Chart: You can also choose different time frame for updating your chart. If Time Frame used to update Renko Chart = M1, then every 60 seconds the chart will be updated.
==================Link for MT4 and MT5 Price Breakout Pattern Scanner =====================
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
Our ongoing efforts of combining Price Breakout pattern Scanner with Smart Renko indicator is on its way. We are currently counting our update for version 3.7. We expect this will be done in next 5 working days.
Please read our update note below for your understanding.
================================ Update note =====================================
In version 3.7, Price Breakout Pattern Scanner can call the partial functionality of Smart Renko Indictors. However use of Smart Renko indicator is optional and user can decide not to use this Smart Renko partial Functionality (just use Price breakout pattern scanner as in previous version.).
There are some difference exists between MT5 Price Breakout Pattern Scanner and MT4 Price Breakout Pattern Scanner in calling Smart Renko indicator internally.
MT5 Price Breakout Pattern scanner can call most of functionality of Smart Renko indicator whereas MT4 Price Breakout Pattern Scanner can only use some functionality of Smart Renko Indicators. This is caused by the programming structure difference between MT4 and MT5 terminals(i.e. MT4 terminal does not use indicator handle yet.). This is beyond my programming ability.
However, the partial functionality of MT4 Price Breakout Pattern scanner can still offer much more clear entry and exit decision for traders. This is even more true for MT5 Price Breakout pattern Scanner.
To control Smart Renko Indicator from Price Breakout Pattern Scanner, user can control following inputs from Price Breakout Pattern scanner.
=========================== Input description ==========================
Brick Height Mode: choose between 0 and 1. Brick Height Mode 0 = User specified input for Brick height. Brick height Mode 1 = Automatic Calculation of Brick height using Standard deviation and z value.
Brick Height value: For Brick Height Mode 0, this is use specified pip value for brick height. For Brick Height Mode 1, this is z value for standard deviation. Sensible z value can range from 0.5 to 4. However mostly z value of 1.0, 1.68 and 1.96 is used in industry. If you are already familiar with Renko charting, then you must have some preference in your brick height. In such a case, just use Brick height Mode 0.
Bars to scan: This is count of bars in your current time frame where indicator is attached. Brick will be display on this bars.
Time Frame used for Brick Calculation: This is sub time frame to be used for brick calculation. Note that Smart Renko uses sub time frame to calculate brick and the brick will be displayed on current time frame.
Time Frame used to update Renko Chart: You can also choose different time frame for updating your chart. If Time Frame used to update Renko Chart = M1, then every 60 seconds the chart will be updated.
==================Link for MT4 and MT5 Price Breakout Pattern Scanner =====================
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
- #70
- Jun 6, 2015 3:05am Jun 6, 2015 3:05am
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Further screen shot of Price Breakout Pattern scanner with Smart Renko.
- #71
- Jun 9, 2015 4:03am Jun 9, 2015 4:03am
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Updated version of Price Breakout Pattern Scanner (version 3.7) is avaible to download.
As I mentioned, updated version of Price Breakout pattern scanner (version 3.7) can use Smart Renko functionality and they are built in inside Price Breakout Pattern Scanner. (We pushed really hard the functionality of MetaTrader to combine these two complex trading system in one body.)
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
The description about Smart Renko is here. MT5 Price breakout pattern scanner can use about 95% of Smart Renko Feature and MT4 Price Breakout Pattern Scanner can use about 60% of Smart Renko Features. (This is due to limiteation of MT4 termials and obviously MT5 terminal are newer trading platform.)
https://www.mql5.com/en/market/product/9911
https://www.mql5.com/en/market/product/9944
Kind regards.
As I mentioned, updated version of Price Breakout pattern scanner (version 3.7) can use Smart Renko functionality and they are built in inside Price Breakout Pattern Scanner. (We pushed really hard the functionality of MetaTrader to combine these two complex trading system in one body.)
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
The description about Smart Renko is here. MT5 Price breakout pattern scanner can use about 95% of Smart Renko Feature and MT4 Price Breakout Pattern Scanner can use about 60% of Smart Renko Features. (This is due to limiteation of MT4 termials and obviously MT5 terminal are newer trading platform.)
https://www.mql5.com/en/market/product/9911
https://www.mql5.com/en/market/product/9944
Kind regards.
- #73
- Jun 13, 2015 7:24pm Jun 13, 2015 7:24pm
- | Commercial User | Joined Aug 2008 | 9,352 Posts
We offer the special promotion for starters in Price Action and Pattern Trading. If you are new to this type of trading strategy, then this special offer might provide you a great opportunity to start with. Don’t miss to experience these powerful trading system at great price. The discounts only last until 30 June 2015.
Please feel free to contact us if you don’t know how to buy our software at discounted price. Otherwise, you can purchase our software at discounted price thr...ough your MT4 and MT5 terminal using standard purchasing procedures.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://www.mql5.com/en/market/product/5234
https://www.mql5.com/en/market/product/5314
https://www.mql5.com/en/market/product/8552
https://www.mql5.com/en/market/product/8535
- #74
- Jun 24, 2015 1:36pm Jun 24, 2015 1:36pm
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Don't forget our special discounts finish on end of June. So if you were planning to buy our software, then this is good opportunities. Don't miss it. 
Kind regards.
Kind regards.
- #76
- Jul 9, 2015 1:45pm Jul 9, 2015 1:45pm
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Sell entry I saw this morning with falling wedge patterns (because price bounce down from top of falling wedge pattern).
Entry decision was very easy to make because Smart Renko tool double confirm the pattern as well as it provide ideal sell entry to start with. You can use Next Brick level (blue and red line) as your trail stop.
This is Extremely powerful trading setup for day traders.
You can use 65% of Smart Renko feature with Price Breakout pattern scanner for MT4. You can use 95% of Smart Renko feature with Price Breakout Pattern Scanner for MT5. We have almost pushed the limit of Meta Trader platform to develop our Price Breakout Pattern Scanner.
https://www.mql5.com/en/market/product/4858
https://www.mql5.com/en/market/product/4859
Entry decision was very easy to make because Smart Renko tool double confirm the pattern as well as it provide ideal sell entry to start with. You can use Next Brick level (blue and red line) as your trail stop.
This is Extremely powerful trading setup for day traders.
You can use 65% of Smart Renko feature with Price Breakout pattern scanner for MT4. You can use 95% of Smart Renko feature with Price Breakout Pattern Scanner for MT5. We have almost pushed the limit of Meta Trader platform to develop our Price Breakout Pattern Scanner.
https://www.mql5.com/en/market/product/4858
https://www.mql5.com/en/market/product/4859
- #77
- Jul 9, 2015 2:34pm Jul 9, 2015 2:34pm
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Another potential trade setup found using Price Breakout Pattern and Smart Renko.
Buy entry if price breakout above blue line. Sell entry if price breakout below red line.
Buy entry if price breakout above blue line. Sell entry if price breakout below red line.
- #80
- Aug 12, 2015 5:44pm Aug 12, 2015 5:44pm
- | Commercial User | Joined Aug 2008 | 9,352 Posts
Hello traders !!!
Here is a latest news about us. Our website is under construction at the moment.
We are actively making efforts to make the private space on online for our customers and for ourselves.
You will soon see them although we have not confirmed the official release date yet.
The reason we want to expand our business is simply because our customers keep returning to us again after they use one of our products.
It is always very good to hear that our customers become full time traders with our software leaving their full time job (Winning trades come with discipline only. Do not quit your job unless you have the discipline. No free lunch in investment world.).
More and more of this type of news is very encouraging for us. We will work even harder to ensure winning investment always for our customers.
We will allocate quite good amount of space for our customer's education and communication on our website.
So stay tuned. Thanks so much for your interest and supports for our software.
Please have a winning week as usual to all the traders.
Kind regards.
Here is a latest news about us. Our website is under construction at the moment.
We are actively making efforts to make the private space on online for our customers and for ourselves.
You will soon see them although we have not confirmed the official release date yet.
The reason we want to expand our business is simply because our customers keep returning to us again after they use one of our products.
It is always very good to hear that our customers become full time traders with our software leaving their full time job (Winning trades come with discipline only. Do not quit your job unless you have the discipline. No free lunch in investment world.).
More and more of this type of news is very encouraging for us. We will work even harder to ensure winning investment always for our customers.
We will allocate quite good amount of space for our customer's education and communication on our website.
So stay tuned. Thanks so much for your interest and supports for our software.
Please have a winning week as usual to all the traders.
Kind regards.