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Koala Price Action Scanner

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Published: 22 November 2020

Current version: 1.2

Koala Price Action Scanner

Name: Koala Price Action Scanner
Rating: 4.571429 (7 reviews)
Author: Ashkan Hazegh Nikrou

4.57

Indicators
Ashkan Hazegh Nikrou
Version: 1.2
Updated: 18 November 2023

Koala Price Action Scanner - Monitor power of price action in all pairs easier than ever , all in one panel

Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala products, join link is below :

https://www.mql5.com/en/channels/koalatradingsolution

Introduction: Discover the new Koala Price Action Scanner – a versatile, multi-currency, and multi-time frame tool designed to detect essential price action patterns and present them in an intuitive scanner table.

Abstract: This indicator goes beyond the ordinary, offering users the ability to identify key price action patterns across multiple currencies and time frames.

Features:

Engulf Pattern
PinBar Pattern
Doji Pattern

Customizable Settings: Engulf Pattern:

Minimum Body Size Candle 2: Define the minimum body size in pips for the 2nd closed candle.
Minimum Body Size Candle 1: Set the minimum body size in pips for the latest closed candle.

PinBar Pattern:

Maximum Body %: Adjust the maximum body percentage of the pin bar compared to shadow size.

Doji Pattern:

Maximum Less Body Size: Customize the maximum body size, allowing flexibility for users who want to see patterns with a slight body size.

Symbol Settings: Input up to 10 symbol names matching the market watch symbols character. Control the appearance of symbols with the "Maximum Symbol" parameter.

Time Frame Settings: Toggle between M1 to MN time frames, enabling or disabling each one. Customize alert messages for individual time frames.

Graphical Guide: Designed in a separate window to avoid chart clutter, the indicator features a user-friendly design with default color indications:

Green: Bullish signal
Red: Bearish signal
Dark gray: Natural signal

All colors and sizes are adjustable as inputs, empowering users to personalize their experience.

Next Version Improvements: Stay tuned for more price action patterns in upcoming versions. Enjoy free upgrades if you've purchased previous versions.

Expert Advisor Option: Enhance your trading with an Expert Advisor based on this indicator, featuring powerful capabilities like trailing stop and equity-based money management. Order now here for $40.

Free Koala Products: Explore our high-quality free products, identified by the green Koala logo. Discover them here.

more...

299

Moeen Ghiyas 2023.01.06 10:22 #

Indeed it is the BEST TOOL for identifying candles (3 types) and bundle of THANKS to code writer for making it available for free (at least for now). Out of all tools tested, I have found it reliable for indicating candles timely. However, alerts function is not working, or may be so in MAC only as I am using MAC version of MT5. Also a candle with body in middle (doji) is also identified as a pin bar, which needs rectification.

52910257 2022.07.08 14:01 #

PARABÉNS PELO INDICADOR PODERIA RELATAR PORQUE O ALERTA NÃO ESTAFUNCIONANDO ?

903

Fernando Alonso 2022.05.16 15:49 #

Very good ¡¡¡¡¡¡

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QualifiedEngulfing Is Free Version Of ProEngulfing Indicator ProEngulfing Is Paid Version Of This Indicator Download It Here . What is Different Between free and paid version of ProEngulfing ? Free version has limitation of One Signal Per Day Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Introducing QualifiedEngulfing – Your Professional Engulf Pattern In

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Description : we are happy to introduce our new free indicator based on one of professional and popular indicators in forex market (Parabolic SAR) this indicator is new modification on original Parabolic SAR indicator, in pro SAR indicator you can see cross over between dots and price chart, this crossover is not signal but talk about end of movement potential, you can start buy by new blue dot, and place stop loss one atr before first blue dot, and finally you can exit as soon as dots cross

FREE

Enhance your trading experience with the Your Chart indicator! This free and highly customizable tool allows traders to merge multiple timeframes into a single, clean candlestick display without altering the original chart. With Your Chart , you can set the number of bars per custom candle – for example, combine every 18 M1 candles into one for a broader view of market trends. Key Features: Custom Candlestick Formation : Choose how many bars to merge into one candle, offering a flexible view of

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Is This tools use able for free in Forex market ? Accuracy Meter is useful and also free product, i made this product for free because i believe that any seller must have some good products for free not just release bad products as free tools. What does Green koala logo mean : Means Free Products , i ll release my free products by green koala logo, so when you see green koala, it means new free products is access able for you. Accuracy Meter Introduction : Accuracy Meter is powerful

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Join Koala Trading Solution Channel in mql5 community to find out the latest signals, news about all koala products, join link is below : https://www.mql5.com/en/channels/koalatradingsolution Description : we are happy to introduce our new free indicator based on one of professional and popular indicators in forex market (Parabolic SAR) this indicator is new modification on original Parabolic SAR indicator, in pro SAR indicator you can see cross over between dots and price chart, this c

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Product Description for Trade Board MT4 Introduction Trade Board MT4 is a comprehensive and sophisticated trade management assistant designed specifically for MetaTrader 4. This paid version unlocks all features, providing a complete suite of tools to optimize and enhance your trading experience. With Trade Board MT4, traders can open, close, and manage their trades with unparalleled efficiency. The software features a sleek vertical dashboard positioned on the right side of the chart to avoid o

39 USD

Welcome to Koala Fibo Base Time Welcome to Koala Fibo Time Zone Welcome to Koala Fibo Time Extention Welcome to Missed Tool For Meta Trade! Simple Introduction : Fibonacci Time Zones are vertical lines based on the Fibonacci Sequence. These lines extend along the X axis (date axis) as a mechanism to forecast reversals based on elapsed time. A major low or high is often chosen as the starting point. Distances start relatively small and grow as the Fibonacci Sequence extends. Chartists can exten

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Simple introduction to currency meter indicator : Currency Meter Is Indicator to determine power of each currency and show them in very simple design This indicator can help you to see power of each currency separately. As you know when GBPUSD goes up, it means GBP going to more power or USD goes more weak, but you cant understand what is the reason of this movement, it was about GBP ? or it was about USD ? To determine GBP power , This indicator, will check all pairs contain GBP and determ

30 USD

Abstract : Welcome to our latest in a profitable yet safe Expert advisor, Koala, which uses stop loss for every open position and does not use a martingale or Grid strategy, thereby reducing the chance of account blow outs. Koala is the first of its kind to use a built in auto backward optimization engine to pick the best variable values based on a mathematical and statistical analysis of the past 2 weeks data a any point in time. This novel method of autooptinmization helps this EA adapt itse

79 USD

Koala Trend Line Introduction : I made this indicator to help traders find trend better, this indicator can show you current trend line. As you know trend line must draw between 2 highest or lowest points. So the main logic is to find highest and lowest points. Indicator find all highest and lowest points in history and show them by red and blue dots. These highest and lowest points calculated according to depth value. depth value is adjustable , and user can change it. What does depth mea

30 USD

Welcome to koala MT4 Trading Panel This is professional tool can make trading easy , much faster for you, if you are one of forex manual trader. This tool has nice user interface and easy method to adjust entry, stop loss, take profit by just drag and drop lines. Ability to adjust fix lot size, risk dollars, Magic Number, Equity DD Protector, Trailing stop, Break Even. and also Trailing based on Moving average are more advantages of this tool. What is this panel properties : 1. Open Buy Trade

30 USD

Description : Koala Pro divergence is not just simple divergence, it's qualified strategy can detect nice divergence signals based on distance from moving line, we know moving average work like gravity, price respect moving line and refer to moving average always, this indicator determine price distance by moving line continuesly and try to choose one of divergance arrows that has enough potential. In this strategy always our target is moving average.

30 USD

Introducing Koala Supply Demand Indicator for MetaTrader 4 : Welcome to Koala Supply Demand Indicator. This indicators designed to identify unbroken supply and demand zones in different time frames, this indicator can help trader to view market as zone areas, you can see how price respect some power full zones, this indicator also can show you price action signals when they formed inside zones. Join Koala Trading Solution Channel in mql5 community to find out the latest news about all koala

49 USD

Koala Engulf Pattern Introduction Professional MT5 indicator to detect engulf price action pattern. Useful in forex , cryptocurrency , CFD, Oil market. Some adjustable methods to separate qualified engulf patterns. Nice drawing on chart by fill engulf candles and draw stop loss and 3 different take profits on chart. Alert system contain pop up, mobile notification, email alert. Koala Engulf Pattern Advantages Pure Price Action pattern, engulf is one of amazing price action patterns and very

30 USD

Introduction to Smart Engulfing MT5: Step into the realm of refined trading with Smart Engulfing MT5 – your go-to professional indicator for identifying top-tier engulf patterns. Designed with precision and ease of use in mind, this tool is crafted exclusively for MetaTrader 5 users. Uncover lucrative trading opportunities effortlessly as Smart Engulfing MT5 guides you with alerts, arrows, and three distinct take-profit levels, making it the ultimate companion for traders seeking simplicity and

49 USD

Filter:

164

Santanilla71 2023.10.14 18:07 #

muy bueno, gracias

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Dmitri Ostapchuk 2023.09.23 15:56 #

Really good work! Thanks!

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Moeen Ghiyas 2023.01.06 10:22 #

52910257 2022.07.08 14:01 #

PARABÉNS PELO INDICADOR PODERIA RELATAR PORQUE O ALERTA NÃO ESTAFUNCIONANDO ?

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Reply from developer Ashkan Hazegh Nikrou 2022.07.08 17:47 #

Thanks for your reply, i will check latest version. if alert has problem we are going to upgrade this product

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Fernando Alonso 2022.05.16 15:49 #

Very good ¡¡¡¡¡¡

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Reply from developer Ashkan Hazegh Nikrou 2022.05.16 16:32 #

Thank you sir
It's very heart warming
And encouraging

Zviko_1988 2021.12.11 09:19 #

Good Day what a cool indicator but it makes the trendlines to disappear from charts whenever I switch from one time frame to another.

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Reply from developer Ashkan Hazegh Nikrou 2022.05.16 16:33 #

Hello sir
It is only a free tool
So there might be some problems
I will try to fix them in next update
Of course if you want to change or costume something , I can do it for you

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Makarios Yacoubian 2021.08.29 10:15 #

perfect tool for price action trader , well coded , thanks Ashkan

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Reply from developer Ashkan Hazegh Nikrou 2022.05.16 16:34 #

Yes sir
As always thanks for your support

Alphatech_ 2021.07.21 22:01 #

Brilliant scanner thank you, only suggestion I have to improve it is instead of just bullish and bearest colors have a patten icon (if possible) placed over each square telling us visually what it is that way you could then combine all 3 patterns on one interface telling us what its found via icons

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Reply from developer Ashkan Hazegh Nikrou 2022.05.16 16:36 #

Yes my friend
I will try to do this on next update
Also if you want to modify it or you have any changes in mind to costume the product we can do it in a project

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Hosein Rahnama 2021.07.15 10:30 #

User didn't leave any comment to the rating

Version 1.2 2023.11.18

"🚀 Exciting Update Alert! Koala Price Action Scanner v1.2 is here! Enjoy enhanced graphic design, custom symbol integration, insightful market movement info in the box, and a turbocharged indicator speed. Upgrade for a sleeker, more powerful trading experience! 🐨✨ #KoalaScannerUpgrade"

Version 1.1 2020.11.22

Graphic Design Improved.