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Patern Recognition MT5

Introduction

Our indicator combines the power of the ZigZag indicator and slow and fast moving averages to generate accurate buy and sell signals. The ZigZag indicator helps filter out market noise and highlight significant price movements, while the moving averages smooth out price fluctuations and identify trends.

  • Prevents overfitting
  • Works on each timeframe
  • Account stopout
  • Simple and functional 

How it works

Price > ZigZag > SlowMA x> FastMA = Buy

Price < ZigZag < SlowMA <x FastMA = Sell

That's the simplicity of it and it generates very reliable signals because of this. 

Variables & Inputs explained: See screenshots

3 Inputs + 2 ( SL + TP )

FastEA: Period of the fast EA in days.

SmoothEA: Period of the slow EA in days.

ZigZag sensetivity: Depth of the ZigZag.

There is nothing more to be explained the simplicity makes your own logic enough to be able to figure out this EA.

NOTE: This EA (Expert Advisor) is designed to be optimized by the user. Although you might get decent results with the default settings.

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Georgios Kalomoiropoulos
4.5 (2)
Experts
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Daytrade Pro Algo MT5
Profalgo Limited
3.88 (8)
Experts
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de tradi
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Bogdan Ion Puscasu
4.91 (78)
Experts
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Stanislav Tomilov
4.26 (27)
Experts
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Joel Juanpere
5 (1)
Experts
This expert advisors search for perfect impulse setups.  The approach is use a very few but high effectives rules / filters and an effective management of the opened position. 0 Units left at 1.500 USD. Price will be set at 10.000 USD on sept 2 night Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the default pa
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