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Pattern 1 2 3 MT5

30 USD

Demo downloaded: 2 826

Published: 22 February 2017

Current version: 4.0

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Overview
Reviews (9)
Comments (46)
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Pattern 1 2 3 MT5

Name: Pattern 1 2 3 MT5
Price: 30.00 USD
Rating: 4.375 (8 reviews)
Author: Pavel Zamoshnikov

4.38

Indicators
Pavel Zamoshnikov
Version: 4.0
Updated: 2 June 2021
Activations: 5

The indicator automatically identifies the 1-2-3 pattern on the chart.

The indicator is able to monitor the formation of pattern in real time. It informs the trader when the pattern is completely formed (when the price breaks the line in point 2) and displays the completed patterns in history. The patterns are never redrawn.
The indicator can identify patterns on any instruments (currency pairs, stock market, gold, etc.) without the need to adjust to each instrument.
Simple and clear visualization of patterns. It is possible to display points 1,2,3 on a chart
The indicator determines the possible levels of profit-taking:

Fibonacci levels or Fibo extension (parameter "Method of calculating the Fibo Levels"). One to five levels can be calculated. To display the Fibo number and the price value at the level - turn on the description of graphical objects (press the F8 button on the chart and select the "Show object descriptions" option)
"Awesome Profit Zones" - new levels of profit-taking, which statistically have a very high probability of execution! The probability of working out the near zone is about 80-70%, the far zone is about 30-20%.

The indicator uses a custom proprietary non-redrawing ZigZag for determining patterns, therefore the indicator never repaints its signals.
The indicator generates audio and text message when a pattern is formed. It features sending email messages and push notifications to mobile devices (the 'ON/OFF-Mail' and 'ON/OFF-Push' parameters).

You can test the functionality of the program by downloading the test version from the Comments tab

Features of trading the 1-2-3 pattern

The 123 pattern can indicate either a reversal or a trend.
The 123 pattern is effective on any instruments and timeframes from M5 to MN.
The greater the number of bars forming the pattern (from point 1 to point 3), the greater the price movement is predicted after breaking the pattern.
If point 1 has a pin-bar (Hammer or Shooting Star in candlestick analysis), it strengthens the pattern.
For Intraday trading, it is recommended to look for the pattern only on the European and American sessions.
According to the trading system, a pattern is considered to be triggered when a bar breaks the line at the level of point 2. That is, the bar must close on the other side of the line, and not simply touch or pierce it. However, the indicator can also consider a simple touch of the line from point 2 as pattern triggering (parameter "Method for pattern triggering").

See video https://youtu.be/aBvWfBKTLTE

Parameters

Main parameters:

Number of bars for the indicator calculation - the number of bars for the indicator calculation
Depth of ZigZag - the number of bars to search for ZigZag peaks (analogue of the Depth parameter of the standard ZigZag)
Method for pattern triggering - choose method: "Touch of the line from point #2" or "Breakout of the line from point #2"

Parameters of target profit levels:

Show "Awesome Profit Zones" - show profit-taking zones with a high probability of execution
Show the Profit Levels - show the target profit levels (Disabled - do not show; Current pattern only - show the target levels for the current pattern only; All patterns - show the target profit levels for all patterns in history)
Method of calculating the Profit Levels - method for calculation of profit levels (Fibo Levels; Fibo Extention)
Profit target #1 (Fibo number) - Profit target #5 (=0 - disable) - Fibonacci number for calculating the target №1 - №5 (if =0, line is not displayed)
Style line of the Profit Levels - line style of profit levels
Color to BUY / Color to SELL - the color of lines forming a buy / sell pattern

Notifications and Alerts

ON/OFF – Sound when the signal – enable/disable sound signal
Signal of the line breakdown - pattern 123 is complete – name of the sound file for line breakout - the 1-2-3 pattern completed
Pre-alarm - pattern 123 began to emerge – name of the sound file played when a pattern starts to form.
ON/OFF - Alert – enable/disable notifications about signals
ON/OFF - Mail – sending emails
ON/OFF - Push – sending push notifications to mobile devices

more...

109

Wangu 2023.05.03 04:15 #

hI, HOW DO I ALLOW ONLY SOUND SIGNAL FOR S the line breakdown - pattern 123 is complete – name of the sound file for line breakout - the 1-2-3 pattern completed.

Other than that I am impressed, I recommend.

162

drzocker 2023.01.08 09:45 #

good work in dayly trading for longer time frames

353

Mohamed Zein Mohamed Zein Soliman 2022.05.20 00:04 #

I recommend this indicator, the programmer is very helpful too

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FREE

30 USD

A trend indicator based on the Hull Moving Average (HMA) with two periods. The Hull Moving Average is an improved variant of the moving average, which shows the moment of trend reversal quite accurately. It is often used as a signal filter. Combination of two types of Hull Moving Averages makes a better use of these advantages: HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. Features The movement

FREE

Improved version of the free HMA Trend indicator (for MetaTrader 4) with statistical analysis. HMA Trend is a trend indicator based on the Hull Moving Average (HMA) with two periods. HMA with a slow period identifies the trend, while HMA with a fast period determines the short-term movements and signals in the trend direction. The main differences from the free version: Ability to predict the probability of a trend reversal using analysis of history data. Plotting statistical charts for analyz

30 USD

This is advanced Multi-Symbol and Multi-Timeframe version of the " Candle Pattern Finder " program (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). This version is implemented as an Expert Advisor-assistant to reduce the load on the terminal. The EA does not trade on its own. The program searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standar

40 USD

The indicator determines the state of the market (trend or flat) using the upgraded Bollinger Bands of higher timeframes and colors the bars in trend/flat colors. The indicator also gives signals (arrow on the chart + Sound and notification to Mail, Push): signal at the beginning of every new trend; signal inside the trend (entry at the end of the correction) Signals are never redrawn! How to use the indicator? The indicator works very well intraday. When using the indicator for intraday (T

30 USD

This is an advanced multi-timeframe version of the popular Hull Moving Average (HMA). Features Graphical panel with HMA indicator data from all timeframes at the same time . If the HMA has switched its direction on any timeframe, a question mark or exclamation mark is displayed on the panel, accompanied by a text and audio message. The messages can be configured separately for each timeframe using the corresponding checkboxes. The indicator is located in a separate window, so as not to overloa

30 USD

Parabolic SAR is one of the most popular indicators allowing you to determine in a timely manner the trend reversal, get an early entry point and accurately define the place of profit taking. Parabolic SAR is very efficient in case of a trendy market but often gives false signals during a flat. In order to sort such signals out, it is possible to use the same indicator on higher timeframes. This eliminates the main drawback of the indicator during a flat, while retaining its advantage of early e

30 USD

Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (two methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and vis

30 USD

This indicator signals about crossing of the main and the signal lines of stochastic (lower stochastic) in the trend direction which is determined by two stochastics of higher time frames (higher stochastics). It is not a secret that stochastic generates accurate signals in a flat market and a lot of false signals in a protracted trend. A combination of two stochastics of higher time frames performs a good filtration of false signals and shows the main tendency. The indicator is recommended for

FREE

30 USD

40 USD

This is advanced Multi-Symbol and Multi-Timeframe version of the "Candle Pattern Finder" indicator (search for candlestick patterns based on the book by Gregory L. Morris "Candlesticks charting explained. Timeless techniques for trading stocks and futures" ). The indicator searches for candlestick patterns for ALL symbols of the "Market Watch" window and for ALL standard timeframes from M1 to MN1. When patterns appear on any symbol / timeframe, the indicator gives a signal (text, sound, sending

40 USD

A very powerful tool that analyzes the direction and the strength of the 8 major currencies: EUR, GBP, AUD, NZD, CAD, CHF, JPY, USD – both in real time, and on historical data. The indicator generates a sound signal and a message when a trend changes. Never repaints signal. The strength of the signal is calculated for all pairs which include these currencies (28 pairs total), can have value from 0 to 6 on a bullish trend, and from 0 to -6 on a bearish trend. Thus, you will never miss a good move

30 USD

The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features Easy to use. Filter configuration only requires selection of sensitivity in the " Sensitivity of the indicator " input. Signals can be filtered usin

30 USD

Alarm Clock generates sound signal at the prescribed time. Time is set by a vertical line on the chart. Just shift this line on the chart to the future. After you set the line at the desired time, you can do whatever you want with the chart, like change a timeframe and a symbol - the alarm clock will generate a signal at the prescribed time anyway. If you accidentally remove the line, the indicator will restore it at the prescribed time. You can attach the indicator to different charts and set d

FREE

The script visually displays deals from CSV format reports on MT4 terminal charts. It automatically recognizes popular formats: MQL5.com Trading Signals for MT4 / MT5 platforms MyFXBook service Copy the report file to the <Data Folder>\MQL4\Files folder and run the script on any chart. The script analyzes the CSV file, automatically creates new charts for all instruments that are found in the report, and draws the deals of each instrument on a separate chart. The script additionally calculates

FREE

The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information. To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les

FREE

The script automatically downloads historical data for all instruments from the "Market Watch" window, on all timeframes from M1 to MN1. It is recommended to use the script before launching multi-symbol and multi-timeframe indicators that work simultaneously with many instruments. Features: To download quotes, the script uses the MQL API only. This is a necessary requirement for publishing programs on the MQL-Market. This method is fast enough, but effective in not all cases. A more reliable (bu

FREE

The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con

30 USD

This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( pa

30 USD

Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v

30 USD

Market Calculator is a powerful tool that allows you to easily and quickly calculate the main parameters of a trade: Lot size, StopLoss and TakeProfit, as well as estimate the amount of funds (required Margin) to open a position. The program has a very convenient and intuitive control, because implemented in OS Windows style. There are many interesting and handy features - just watch the video: youtu.be/FG2qqTJTIhE All program data are sorted into sections in the form of tabs: " Lot Calculator "

30 USD

The "Spread Monitor" indicator allows you to analyze the spread change during the day, control the expansion of the spread by your broker and has a number of interesting additional features Choosing a broker with a minimum spread value is very important for the work of night advisors, scalping and intraday trading. However, the MT4 terminal does not store spread data, so the multifunctional "Spread Monitor" indicator will be useful for any intraday trader. Features: The indicator shows the cu

30 USD

The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 – the indicator ge

30 USD

Filter:

109

Wangu 2023.05.03 04:15 #

hI, HOW DO I ALLOW ONLY SOUND SIGNAL FOR S the line breakdown - pattern 123 is complete – name of the sound file for line breakout - the 1-2-3 pattern completed.

Other than that I am impressed, I recommend.

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Reply from developer Pavel Zamoshnikov 2023.05.03 06:11 #

Delete the line with the sound file name in the "Pre-alarm - pattern 123 began to emerge" parameter, then it will not sound. And please ask all questions on the Comments page. There are only reviews here.

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drzocker 2023.01.08 09:45 #

good work in dayly trading for longer time frames

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Reply from developer Pavel Zamoshnikov 2023.01.08 09:55 #

Thank you! There is less speculative noise on higher timeframes. Most trading strategies are more profitable in the long time.

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Agbakeleke Idowu 2022.12.22 13:13 #

Very worst indicator in Mql5. Wasted Money, Don't buy

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Reply from developer Pavel Zamoshnikov 2024.05.24 21:25 #

You didn't write why the indicator is bad, why you didn't like it. Maybe you just didn't understand how it works? Usually, people contact me in private if they don't understand something. And we solve all issues. You didn't ask anything, you just said that everything was bad and put a bad mark. Look at the previous reviews - they are all 5 stars. The same is true for the MT4 version. Maybe the problem is not in the indicator?
I've looked at your reviews on this site. You give all developers 1 star and write "Very worst indicator in Mql5. Wasted Money" everywhere!!! If you cannot trade profitably, then no indicator will help you.

116100642 2022.06.26 03:59 #

Indicator seems to be working ok; but I am unable to change the parameters. Is there a tutorial or manual that I can follow? I tried changing the parameters; but after clicking save, nothing changes. Can anyone help me with this?

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Reply from developer Pavel Zamoshnikov 2022.06.26 18:15 #

Thank you for using my indicator! Please write to me in private what you are changing and please send a screenshot of the chart with the indicator.

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Mohamed Zein Mohamed Zein Soliman 2022.05.20 00:04 #

I recommend this indicator, the programmer is very helpful too

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Reply from developer Pavel Zamoshnikov 2022.05.20 08:58 #

Thank you!

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Makarios Yacoubian 2021.08.28 12:55 #

good indicator for price action , well coded . recommended

max zotov 2021.06.08 02:48 #

Индикатор хорош. Для полноценной работы нужно добавить цифры 123 как в обзоре маленьких в кружочках. 100% добавьте вкладку в настройках

отображать 123. Если сообщите про обновление. СПС

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Reply from developer Pavel Zamoshnikov 2022.05.20 08:58 #

Благодарю Вас за использование мого продуктов! Обновление опубликовано

monterCarol 2021.05.26 19:32 #

Well programmed. Works as it should work. Thank you.

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Reply from developer Pavel Zamoshnikov 2021.05.27 21:37 #

Thank you for your great feedback!

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Dhany Esperanza 2021.03.03 05:49 #

Good indicator for trading 123 pattern

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Reply from developer Pavel Zamoshnikov 2021.03.03 06:25 #

Thank you for your good feedback. Good luck and good profit!

Version 4.0 2021.06.02

1. Added "Awesome Zones" profit-taking levels, which statistically have a very high probability of execution (about 80-70%)
2. Added displaying of points 1,2,3

Version 3.32 2021.01.22

Recompiled for the updated terminal

Version 3.31 2019.06.03

Another minor bug

Version 3.3 2019.06.03

Fixed a small error in the description of the parameters

Version 3.2 2018.12.27

1. Based on traders' request, a new pattern triggering method has been added, in which the price only touches the line from point 2 (parameter "Method for pattern triggering").
2. Added two additional Fibo levels for target calculation. Now the indicator has five levels for each pattern. The level will not be displayed if it is 0.

Version 3.1 2018.11.02

Fixed a bug due to which the indicator sometimes painted additional lines on the chart.