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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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Questo cruscotto scopre e visualizza le zone di   domanda   e   offerta   sul grafico, sia in modalità scalping che a lungo termine, a seconda della vostra strategia di trading per i simboli selezionati. Inoltre, la modalità scanner del cruscotto vi aiuta a controllare tutti i simboli desiderati in un colpo d'occhio e a non perdere nessuna posizione adatta /   versione MT4 Indicatore gratuito:   Basic Supply Demand Caratteristiche Consente di visualizzare le opportunità di trading su pi
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
Golden Spikes Premium
Kwaku Bondzie Ghartey
Golden Spikes Detector Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced Synthetics trader. I dedicate this indicator to Mr Grant.  Overview: The Golden Spikes Premium is a groundbreaking trading indicator meticulously crafted for the Boom and Crash indices on the Deriv market. Tailored to meet the needs of discerning traders, this powerful tool operates exclusively on the one-minute timeframe, providin
MTF ATR dell'oro: questo è un indicatore tecnico di titoli azionari. L'algoritmo dell'indicatore ATR (Average True Range) analizza il movimento del prezzo dell'asset e riflette la volatilità disegnando i livelli corrispondenti in percentuali specificate (%) del prezzo di apertura del periodo di tempo specificato (D1). Gli indicatori (rosso e/o blu D1 H4) della direzione del movimento del prezzo del simbolo e i segnali delle frecce sono aiuti aggiuntivi ed essenziali per un trading intraday como
IVISTscalp5
Vadym Zhukovskyi
5 (5)
What's new about iVISTscalp5 forecast indicator (Version 10)? iVISTscalp5 is a unique nonlinear forecasting for a week ahead system for any financial instrument which executes fast scalping using time levels. iVISTscalp5 is a tool for easy study and understanding of financial market. 1) iVISTscalp5 forecast indicator has been completely rewritten into another programming language (C++), which has accelerated data loading and processing. As a result, a different graphical display of forecast
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Flow Of Lines
Roman Vashchilin
5 (1)
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
Roman Vashchilin
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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Versione 1.3 2022.02.06
- Version 1.3 - the code is optimized for the new build and has become faster.