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Chart Pattern Master

200 USD

Demo downloaded: 43

Published: 4 June 2024

Current version: 1.3

Chart Pattern Master

Experts
Lefika Raphel Sebatane
Version: 1.3
Updated: 6 June 2024
Activations: 10

The Chart Pattern Master EA is a sophisticated expert that allows you to trade all of the common chart patterns. It automatically identifies the chart patterns for you and even displays them on the chart. Use it as an indicator or as an automated trading expert. All pattern breakouts will be traded automatically for you. The EA identifies the following patterns:

Bullish Double Bottom
Bullish Expanding Triangle
Bullish Falling Village
Bullish Falling Wedge
Bullish Flag Pattern
Bullish Inverted Head and Shoulders
Bullish Pennant Pattern
Descending Triangle
Bullish Triple Bottom
Bearish double top
Bearish Expanding Triangle
Bearish Flag Pattern
Bearish head shoulders
Bearish Pennant Pattern
Bearish Rising Village
Bearish Rising Wedge

Order Management

- A virtual trailing stop is used to allow the user to trail at any distance without "INVALID STOPS".

- A virtual Break-Even that prevents trade from closing in loss.

- No limit / stop orders are used, all trades are spontaneously opened.

- Supports TP and SL.

- Supports auto lot.

Additional Features

- A simple information display panel.

SPECIAL TRADE BUTTONS

# SALVAGE-The current running trades for that symbol will automatically close once they are in profits.

# AUTOTRAIL - If Turned OFF, positions will not be trailed.

# BUY & SELLL - Runs trade functions of the EA to open trades. Only opens number of trades specified in the inputs.

# CLOSE - Runs close function of EA. Recent loss and Loss will only update if positions are closed with this button.

# RESET - Total PNL and Lot size will be reset and current balance taken as initial balance.

INPUTS - all inputs are self explanatory and the recommended values are the default values but feel free to make some tweaks

more...

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Version 1.3 2024.06.06

Fixed minor bug.