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LevelPAttern

LevelPAttern is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications.


Indicator operation features

  • It is suitable for working with any CFD and FOREX trading instrument. Recommended timeframe - H1, H4 and D1
  • Formation of a pattern, or level touching + formation of a pattern can be considered a market entry signal
  • When using this indicator, it is also necessary to take the global trend into account.


Parameters

  • number of bars in the history of the indicator - the number of bars analyzed for detection of the Price Action patterns
  • number of bars to search for levels - the number of bars for plotting levels based on the ZigZag indicator
  • maximum distance between levels - the maximum distance in points between the breaks (peaks) of the ZigZag indicator
  • color of daytime levels - color of the daily levels
  • color of Zigzag levels - color of the ZigZag levels
  • color of buy trend patterns - color of the patterns directed upward
  • color of sell trend patterns - color of the patterns directed downward
  • pat.:hammer - enable/disable the Hammer pattern (hm)
    • pat.:hammer:max body (in point) - the maximum size of a candle body in points
    • pat.:hammer:min shadow hammer handle (in % from sweep) - the minimum shadow of the Hammer handle as a percentage of the candle span
    • pat.:hammer:max shadow opposite hammer handle - the maximum shadow opposite to the Hammer handle as a percentage of the entire candle span
  • pat.:absorption - enable/disable the Engulfing pattern (abs)
  • pat.: clouds - enable/disable the Cloud pattern (cloud)
    • pat.:clouds:min body (in point) - the minimum body size in points
    • pat.:clouds:min body (in % from sweep) - the minimum body size as a percentage of the entire candle span
  • pat.:star - enable/disable the Star pattern (star)
    • pat.:star:min body (in point) - the minimum body size of side candles in points
    • pat.:star:min body (in % from sweep) - the minimum body size as a percentage of the side candles span
    • pat.:star:max body star (in point) - the maximum body size in points of the central candle
    • pat.:star:max body star (in % from sweep) - the maximum body size of the central candle as a percentage of the side candles span
    • pat.:star:max sweep star (in point) - the maximum span of the central candle in points
    • pat.:star: max sweep star (in % from the surrounding bars) - the maximum span of the central candle as a percentage of the side candles span
  • pat.:star(doji) - enable/disable the Start (Doji) pattern star(d)
    • pat.:star(doji):min body (in point) - the minimum body size of side candles in points
    • pat.:star(doji):min body (in % from sweep) - the minimum body size as a percentage of the side candles span
    • pat.:star(doji):max body star (in point) - the maximum body size in points of the central candle (can be 0)
    • pat.:star(doji):max body star (in % from sweep) - the maximum body size of the central candle as a percentage of the side candles span
    • pat.:star(doji):max sweep star (in point) - the maximum span of the central candle in points
    • pat.:star(doji):max sweep star (in % from the surrounding bars) - the maximum span of the central candle as a percentage of the side candles span
  • notice:alert - enable/disable alerts
  • notice:email - enable/disable email messages
  • notice:mobile app - enable/disable push notifications
  • ZigZag:Depth - Depth of the ZigZag indicator
  • ZigZag:Deviation - Deviation of the ZigZag indicator
  • ZigZag:Backstep - Backstep of the ZigZag indicator
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Philip Pankaj Suthagar
4 (3)
Indicateurs
Term  "shark"  in the business world denotes a high volume investor who just made a good investment in a highly Potential business deal.So, sharks are the ones who make the market move. In our case, if an American shark bought a Japanese company, he/she has to convert American dollars into Japanese yen to make the deal. So, the demand for the Japanese yen will increase sharply. Thus USD/JPY will go short rapidly if the deal was from the shark. Another example, In the case of forex, if fed increa
Quantum Currency Matrix Indicator
QUANTUM TRADING SOFTWARE LIMITED
Indicateurs
Of all the four principle capital markets, the world of foreign exchange trading is the most complex and most difficult to master, unless of course you have the right tools! The reason for this complexity is not hard to understand. First currencies are traded in pairs. Each position is a judgment of the forces driving two independent markets. If the GBP/USD for example is bullish, is this being driven by strength in the pound, or weakness in the US dollar. Imagine if we had to do the same thing
Quantum Trend Monitor Indicator
QUANTUM TRADING SOFTWARE LIMITED
Indicateurs
Currency pairs never go up or down in a straight line. They rise and fall constantly, creating pullbacks and reversals. And with each rise and fall, so your emotions rise and fall. Hope, then fear, then hope. This is when the market will try to frighten you out of a strong position. It is when you are most vulnerable. But not if you have the Quantum Trend Monitor. And here, you even get two indicators for the price of one! The Quantum Trend Monitor has been designed to absorb these temporary pau
Quantum Volume Point of Control Indicator
QUANTUM TRADING SOFTWARE LIMITED
5 (1)
Indicateurs
The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The Quantum VPOC indicator displays several key pieces of information on the chart as follows: Volume Profile - this appears as a histogram of volume on the vertical pr
AT Forex Indicator MT4
Marzena Maria Szmit
5 (3)
Indicateurs
The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
Trending Volatility System
Vitalyi Belyh
5 (2)
Indicateurs
Volatility Trend System - un système de trading qui donne des signaux pour les entrées. Le système de volatilité donne des signaux linéaires et ponctuels dans le sens de la tendance, ainsi que des signaux pour en sortir, sans redessiner ni retarder. L'indicateur de tendance surveille la direction de la tendance à moyen terme, montre la direction et son changement. L'indicateur de signal est basé sur les changements de volatilité et montre les entrées sur le marché. L'indicateur est équipé de
ECM Channel MT4
Paulo Rocha
Indicateurs
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Smart Support and Resistance Trading System
Issam Kassas
5 (2)
Indicateurs
Tout d'abord, il convient de souligner que ce système de trading est un indicateur non repainting, non redrawing et non lagging, ce qui le rend idéal pour le trading professionnel. Cours en ligne, manuel utilisateur et démonstration. Le "Système de Trading de Support et Résistance Intelligent" est un indicateur avancé conçu pour les traders novices et expérimentés. Il permet aux traders de bénéficier de précision et de confiance sur le marché du forex. Ce système complet combine plus de 7 strat
WaveTheoryFully automatic calculation
Kaijun Wang
5 (4)
Indicateurs
This indicator is a perfect wave automatic analysis indicator for practical trading! 黄金实战 案例... The standardized definition of the band is no longer a wave of different people, and the art of man-made interference is eliminated, which plays a key role in strict analysis of the approach. Increase the choice of international style mode, (red fall green rise style) The  purchase discount is currently in progress! Using this indicator is equivalent to enhancing the aesthetics of the trading in
Al in one level
Kundan Kumar Srivastava
5 (1)
Indicateurs
This indicator is collection of important dynamic support and resistance giving a trader crystal clear idea , where to sell and where to buy. it completely complements trend lines, support, resistance, and sideways market and allow a trader to make sustainable profits. The thickness of lines suggests its strengths, the thicker the dynamic line, the stronger is rejection or pullback allowing a trader to make multi-fold profit, as they can clearly see them. Introducing Your Ultimate Trading Edge
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EA Mbot News Trader
Maxim Sokolov
5 (1)
Experts
EA Mbot News Trader is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot. The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release is n
EA Mbot News Trader MT5
Maxim Sokolov
Experts
EA Mbot News Trader MT5 is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot. The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release
LevelPAttern MT5
Maxim Sokolov
Indicateurs
LevelPAttern MT5 is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications. Indicator operation features It is suitable for working with any CFD and FOREX trading ins
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Version 2.0 2018.09.12
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