RTS5Pattern profi
- Indicators
- Tomas Belak
- Version: 9.65
- Updated: 1 May 2025
- Activations: 10
RTS5Pattern-Profi v9.65 – a professional indicator for MetaTrader 5.
Easily identify price patterns by clicking on the first and last candles of your selected formation. The indicator automatically scans historical data and displays the three most similar past patterns, each with its own forward-looking price prediction.
Key features include:
Advanced price and volume normalization for accurate similarity detection
Visualized predictions and statistical forecasting curve (AStat)
Support and resistance zone mapping
Inside bar detection
Automatic calculation of entry, take profit, and stop loss levels with backtesting simulation
Weekly pattern occurrence statistics to reveal temporal market tendencies
RTS5Pattern-Profi helps traders make smarter decisions based on pattern recognition and probability.
1. Define Your Pattern
Click on the first and last candle of any formation you're interested in. The indicator will use this structure to scan the entire chart history.
2. Historical Pattern Search
RTS5Pattern-Profi analyzes past price movements using normalized price and volume data, and selects the three most similar patterns found in history.
3. Explore Predictions
For each match, the indicator shows projected future paths. The AStat curve combines the top three predictions into a single weighted forecast — giving you a clearer picture of likely price behavior.
4. Use the Suggested Trade Levels
Once a valid match is found, the indicator calculates the expected entry, take profit, and stop loss based on the historical outcomes. This helps traders set realistic targets and manage risk efficiently.
5. Understand Statistical Context
One of the key features of version 9.65 is the weekday pattern frequency statistic, which shows how often similar patterns occurred on each day of the week. This can highlight potential time-based market behaviors — but should be seen as supportive data, not a standalone signal.
6. Validate with Context
Visual aids like support/resistance zones and inside bars help provide additional market structure context. Use them to confirm or reject a trade idea.
7. Enter the Trade
After reviewing the forecast, trade levels, and context, you can choose to open a position manually or incorporate the indicator into an automated strategy.
RTS5Pattern-Profi is not a black-box indicator. It provides transparent, data-driven insight to support your trading process — giving you both structure and flexibility.
More details at: www.remind.cz
