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Smooth Patterns

Trading patterns on Forex is considered to be the highest level of trading, since it usually requires years of mastering various patterns (shapes and candle combinations) and the ways they affect the price.

Patterns are different combinations of Japanese candles on a chart, shapes of classical technical analysis, as well as any regularities of the market behavior repeating many times under the same conditions. After the patterns appear on a chart, the price starts behaving in a certain way allowing us to make forecasts. This makes patterns a relatively secure and reliable trading method.

This indicator is a result of many years of trading experience. You do not have to memorize multiple technical and candle patterns. All of them are present in the indicator. The product automatically defines various candle patterns and shapes, displays them on a chart and predicts the future price movement.

The shortened pattern appears above or below the last bar of a detected pattern. All names have a certain color depending on where the price is expected to move after the pattern. If the pattern is bullish, its name under the bar is blue. If the pattern is bearish, its name above the bar is red.


How to use

  • Each new pattern is a signal for opening a position. If the pattern is red (above the bar), the price is about to fall. If the pattern is blue (under the bar), the price is about to grow.


Enabling push notifications

Make sure the indicator's "Show Alert" function is enabled. Also, go to Tools/Options/Notifications, tick the "Enable Push notifications" option and enter your MetaQuotes ID.


Features

  • Very easy to use;
  • The EA works on any currency pair;
  • High signal accuracy;
  • Professional tool;
  • Defines many basic patterns;
  • Does not repaint signals from detected patterns.

Attention! By default, all patterns and notifications are disabled to allow users to select necessary patterns for testing in the strategy tester. For further work, you need to enable ALL or most of the other patterns and notifications in the indicator settings.


Parameters

  • Use Extra Digit (false) - set true if your broker uses an additional digit in quotes;
  • Show Alert (false) - enable/disable notifications from all patterns.
  • Display ShootStar Pattern #1 (false) - enable/disable the display of the Shooting Star #1 pattern;
  • Show ShootStar Pattern Alert #1 (false) - enable/disable the alert for the pattern;
  • Color ShootStar (Red) - color of the shortened Shooting Star pattern name above the bars;
  • Display Hammer Pattern #1 (false) - enable/disable the display of Hammer #1;
  • Show Hammer Pattern Alert #1 (false) - enable/disable the alert for the pattern.

All other parameters are set the same way. The only difference is in the names


Recommendations

  • It is not recommended using the indicator on timeframes lower than M15, since all data lower than M15 is used to plot patterns and candle combinations on higher timeframes.

Enjoy your trade!

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5 (8)
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
IX Power MT5
Daniel Stein
4.17 (6)
IX Power   lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede   analizar todo lo   que su terminal le ofrece. Pruébalo y experimenta cómo   tu timing mejora significativamente   a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin rep
PZ Day Trading MT5
PZ TRADING SLU
2.83 (6)
Este indicador detecta reversiones de precios en forma de zig-zag, utilizando solo análisis de acción de precios y un canal donchian. Ha sido diseñado específicamente para el comercio a corto plazo, sin repintar ni pintar en absoluto. Es una herramienta fantástica para comerciantes astutos con el objetivo de aumentar el tiempo de sus operaciones. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Proporciona
Ahora $ 147 (aumentando a $ 499 después de algunas actualizaciones) - Cuentas ilimitadas (PC o Mac) Manual de usuario de RelicusRoad + Videos de capacitación + Acceso al grupo privado de Discord + Estado VIP UNA NUEVA MANERA DE VER EL MERCADO RelicusRoad es el indicador comercial más poderoso del mundo para divisas, futuros, criptomonedas, acciones e índices, y brinda a los comerciantes toda la información y las herramientas que necesitan para mantenerse rentables. Brindamos análisis téc
**   All Symbols   x   All Timeframes   scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Trend Reversal group" for sharing or seeing experiences with other users. Introduction: Trendlines are the most famous technical analysis in trading . Trendlines continually form on the charts of markets across all the different timeframes providing huge opportunities for traders to jump in and profit on the action. In the other hand,  The trendline reversal str
Desbloquea el poder de la inteligencia artificial con Neural FX Indicator de SS7Trader, una herramienta avanzada basada en redes neuronales diseñada para optimizar tu trading en múltiples mercados. Ya sea que operes en Forex, acciones, criptomonedas, índices o XAUUSD, este potente indicador ofrece señales de compra y venta claras y no repintadas que permanecen sin cambios, permitiéndote tomar decisiones seguras en tiempo real. El Neural FX Indicator está disponible exclusivamente para MetaTrader
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Flow Of Lines
Roman Vashchilin
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Flow Of Lines The indicator calculates and shows on a symbol chart trend channels, as well as the price movement channels, each of which corresponds to its specific timeframe. This method provides easy analysis of long- and short-term trend movement dynamics. In addition to all of the above, the indicator displays breakouts and the presence of a strong trend in the digital format (on the right top of the table). The lines that serve as the channel borders, can be at the same time used as certa
Two Ways Signal
Roman Vashchilin
5 (1)
This indicator works based on an improved system of triple moving averages (MA). In conjunction, this system is able to deliver impressive results in trading. The indicator is easy to use. It represents 2 arrows which are automatically drawn after a bar is closed, showing where the price is likely to move in the nearest future based on the combination of the signals from all MAs. What is Moving Average (MA)? It is one of the most popular, proven and efficient methods for Forex trading. Its pri
This indicator is built on a high-precision strategy, which is based on a set of different Moving Averages. Together they form a strategy that provides stable, and most importantly accurate signals. What is a Moving Average (MA) It is one of the most popular, proven and effective ways to work in the Forex market. Its task is to average price values by smoothing local movements, thereby helping the trader to focus on the major price movements. How to Trade By default, the indicator has 2 line
The FX Scientific Scalper is a fully aitomated trading system for efficient scalping trading in the Forex market. The Expert Advisor uses a number of mathematical calculations for position opening. Does not use martingale. Does not use aggressive trading. Does not accumulate drawdown. The Expert Advisor trades smoothly and gradually increases its capacity. Its priority is saving the deposit. This significantly increases the chances of successful trading and minimizes risk. The robot can calculat
CutTheTrend FX is an automated trading Expert Advisor, which does not use indicators, because the analysis of history often leads to incorrect decisions in the future. The Expert Advisor analyses the current market situation based on Price Action and opens a position according to these calculations. It opens one position, but, if necessary, can apply grid algorithms to maintain positive operation. Also the EA is equipped with protective techniques, such as Trailing stop and Risk Blocking (see th
Waves Of Fibonacci
Roman Vashchilin
3 (2)
The principle of the indicator operation lies in the analysis of the currency pair history and determining the beginning and the end of the "power" driving the current trend. It also determines the Fibonacci levels in the main window. The indicator also shows how long ago the local Highs and Lows have been reached. How to Use Waves in the subwindow show the strength and the stage of the trend movement. That is, if the waves only start rising, then the trend is in the initial stage. If the wave
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Versión 1.3 2022.02.06
- Version 1.3 - the code is optimized for the new build and has become faster.