Young Ho Seo / プロファイル
- 情報
10+ 年
経験
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62
製品
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1178
デモバージョン
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4
ジョブ
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0
シグナル
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0
購読者
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Harmonic Pattern Indicator - Repainting + Japanese Candlestick Pattern Scanner + Automatic Channel + Many more
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
Non Repainting and Non Lagging Harmonic Pattern Indicator – Customizable Harmonic + Japanese Candlestic Pattern Scanner + Advanced Channel + Many more
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Supply Demand Indicator – Multiple Timeframe Scanning Added + Non Repainting + Professional Indicator
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/
Momentum Indicator – Path to Volume Spread Analysis
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621
https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/
Elliott Wave Indicator for the Power User
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
Forex Prediction - Turn Support and Resistance to the Advanced Strategy
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/portfolio-item/fractal-pattern-scanner/
MetaTrader 4 and MetaTrader 5 Product Page: https://www.mql5.com/en/users/financeengineer/seller#products
Free Forex Prediction with Fibonacci Analysis: https://algotrading-investment.com/2020/10/23/forex-prediction-with-fibonacci-analysis/
Free Harmonic Pattern Signal: https://algotrading-investment.com/2020/12/17/harmonic-pattern-signal-for-forex-market/
============================================================================================================================
Here are the trading education books. We recommend reading these books if you are a trader or investor in Forex and Stock market. In the list below, we put the easy to read book on top. Try to read the easy to read book first and try to read the harder book later to improve your trading and investment.
First Link = amazon.com, Second Link = Google Play Books, Third Link = algotrading-investment.com, Fourth Link = Google Books
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
https://www.amazon.com/dp/B09L55ZK4Z
https://play.google.com/store/books/details?id=pHlMEAAAQBAJ
https://algotrading-investment.com/portfolio-item/technical-analysis-in-forex-and-stock-market/
https://books.google.co.kr/books/about?id=pHlMEAAAQBAJ
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
https://www.amazon.com/dp/B0993WZGZD
https://play.google.com/store/books/details?id=MME3EAAAQBAJ
https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
https://books.google.co.kr/books/about?id=MME3EAAAQBAJ
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
https://www.amazon.com/dp/B0B2KZH87K
https://play.google.com/store/books/details?id=7KrQDwAAQBAJ
https://algotrading-investment.com/portfolio-item/profitable-chart-patterns-in-forex-and-stock-market/
https://books.google.com/books/about?id=7KrQDwAAQBAJ
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
https://www.amazon.com/dp/B01MRI5LY6
https://play.google.com/store/books/details?id=8SbMDwAAQBAJ
http://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
https://books.google.com/books/about?id=8SbMDwAAQBAJ
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
https://www.amazon.com/dp/B073T3ZMBR
https://play.google.com/store/books/details?id=5prUDwAAQBAJ
https://algotrading-investment.com/portfolio-item/scientific-guide-to-price-action-and-pattern-trading/
https://books.google.com/books/about?id=5prUDwAAQBAJ
Predicting Forex and Stock Market with Fractal Pattern: Science of Price and Time
https://www.amazon.com/dp/B086YKM8BW
https://play.google.com/store/books/details?id=VJjiDwAAQBAJ
https://algotrading-investment.com/portfolio-item/predicting-forex-and-stock-market-with-fractal-pattern/
https://books.google.com/books/about?id=VJjiDwAAQBAJ
Trading Education Book 1 in Korean (Apple, Google Play Book, Google Book, Scribd, Kobo)
https://books.apple.com/us/book/id1565534211
https://play.google.com/store/books/details?id=HTgqEAAAQBAJ
https://books.google.co.kr/books/about?id=HTgqEAAAQBAJ
https://www.scribd.com/book/505583892
https://www.kobo.com/ww/en/ebook/8J-Eg58EDzKwlpUmADdp2g
Trading Education Book 2 in Korean (Apple, Google Play Book, Google Book, Scribd, Kobo)
https://books.apple.com/us/book/id1597112108
https://play.google.com/store/books/details?id=shRQEAAAQBAJ
https://books.google.co.kr/books/about?id=shRQEAAAQBAJ
https://www.scribd.com/book/542068528
https://www.kobo.com/ww/en/ebook/X8SmJdYCtDasOfQ1LQpCtg
About Young Ho Seo
Young Ho Seo is an Engineer, Financial Trader, and Quantitative Developer, working on Trading Science and Investment Engineering since 2011. He is the creator of many technical indicators, price patterns and trading strategies used in the financial market. He is also teaching the trading practice on how to use the Supply Demand Analysis, Support, Resistance, Trend line, Fibonacci Analysis, Harmonic Pattern, Elliott Wave Theory, Chart Patterns, and Probability for Forex and Stock Market. His works include developing scientific trading principle and mathematical algorithm in the work of Benjamin Graham, Everette S. Gardner, Benoit Mandelbrot, Ralph Nelson Elliott, Harold M. Gartley, Richard Shabacker, William Delbert Gann, Richard Wyckoff and Richard Dennis. You can find his dedicated works on www.algotrading-investment.com . His life mission is to connect financial traders and scientific community for better understanding of this world and crowd behaviour in the financial market. He wrote many books and articles, which are helpful for understanding the technology and application behind technical analysis, statistics, time series forecasting, fractal science, econometrics, and artificial intelligence in the financial market.
If you are interested in our software and training, just visit our main website: www.algotrading-investment.com
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
Non Repainting and Non Lagging Harmonic Pattern Indicator – Customizable Harmonic + Japanese Candlestic Pattern Scanner + Advanced Channel + Many more
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Supply Demand Indicator – Multiple Timeframe Scanning Added + Non Repainting + Professional Indicator
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/
Momentum Indicator – Path to Volume Spread Analysis
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621
https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/
Elliott Wave Indicator for the Power User
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
Forex Prediction - Turn Support and Resistance to the Advanced Strategy
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/portfolio-item/fractal-pattern-scanner/
MetaTrader 4 and MetaTrader 5 Product Page: https://www.mql5.com/en/users/financeengineer/seller#products
Free Forex Prediction with Fibonacci Analysis: https://algotrading-investment.com/2020/10/23/forex-prediction-with-fibonacci-analysis/
Free Harmonic Pattern Signal: https://algotrading-investment.com/2020/12/17/harmonic-pattern-signal-for-forex-market/
============================================================================================================================
Here are the trading education books. We recommend reading these books if you are a trader or investor in Forex and Stock market. In the list below, we put the easy to read book on top. Try to read the easy to read book first and try to read the harder book later to improve your trading and investment.
First Link = amazon.com, Second Link = Google Play Books, Third Link = algotrading-investment.com, Fourth Link = Google Books
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
https://www.amazon.com/dp/B09L55ZK4Z
https://play.google.com/store/books/details?id=pHlMEAAAQBAJ
https://algotrading-investment.com/portfolio-item/technical-analysis-in-forex-and-stock-market/
https://books.google.co.kr/books/about?id=pHlMEAAAQBAJ
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
https://www.amazon.com/dp/B0993WZGZD
https://play.google.com/store/books/details?id=MME3EAAAQBAJ
https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
https://books.google.co.kr/books/about?id=MME3EAAAQBAJ
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
https://www.amazon.com/dp/B0B2KZH87K
https://play.google.com/store/books/details?id=7KrQDwAAQBAJ
https://algotrading-investment.com/portfolio-item/profitable-chart-patterns-in-forex-and-stock-market/
https://books.google.com/books/about?id=7KrQDwAAQBAJ
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
https://www.amazon.com/dp/B01MRI5LY6
https://play.google.com/store/books/details?id=8SbMDwAAQBAJ
http://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
https://books.google.com/books/about?id=8SbMDwAAQBAJ
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
https://www.amazon.com/dp/B073T3ZMBR
https://play.google.com/store/books/details?id=5prUDwAAQBAJ
https://algotrading-investment.com/portfolio-item/scientific-guide-to-price-action-and-pattern-trading/
https://books.google.com/books/about?id=5prUDwAAQBAJ
Predicting Forex and Stock Market with Fractal Pattern: Science of Price and Time
https://www.amazon.com/dp/B086YKM8BW
https://play.google.com/store/books/details?id=VJjiDwAAQBAJ
https://algotrading-investment.com/portfolio-item/predicting-forex-and-stock-market-with-fractal-pattern/
https://books.google.com/books/about?id=VJjiDwAAQBAJ
Trading Education Book 1 in Korean (Apple, Google Play Book, Google Book, Scribd, Kobo)
https://books.apple.com/us/book/id1565534211
https://play.google.com/store/books/details?id=HTgqEAAAQBAJ
https://books.google.co.kr/books/about?id=HTgqEAAAQBAJ
https://www.scribd.com/book/505583892
https://www.kobo.com/ww/en/ebook/8J-Eg58EDzKwlpUmADdp2g
Trading Education Book 2 in Korean (Apple, Google Play Book, Google Book, Scribd, Kobo)
https://books.apple.com/us/book/id1597112108
https://play.google.com/store/books/details?id=shRQEAAAQBAJ
https://books.google.co.kr/books/about?id=shRQEAAAQBAJ
https://www.scribd.com/book/542068528
https://www.kobo.com/ww/en/ebook/X8SmJdYCtDasOfQ1LQpCtg
About Young Ho Seo
Young Ho Seo is an Engineer, Financial Trader, and Quantitative Developer, working on Trading Science and Investment Engineering since 2011. He is the creator of many technical indicators, price patterns and trading strategies used in the financial market. He is also teaching the trading practice on how to use the Supply Demand Analysis, Support, Resistance, Trend line, Fibonacci Analysis, Harmonic Pattern, Elliott Wave Theory, Chart Patterns, and Probability for Forex and Stock Market. His works include developing scientific trading principle and mathematical algorithm in the work of Benjamin Graham, Everette S. Gardner, Benoit Mandelbrot, Ralph Nelson Elliott, Harold M. Gartley, Richard Shabacker, William Delbert Gann, Richard Wyckoff and Richard Dennis. You can find his dedicated works on www.algotrading-investment.com . His life mission is to connect financial traders and scientific community for better understanding of this world and crowd behaviour in the financial market. He wrote many books and articles, which are helpful for understanding the technology and application behind technical analysis, statistics, time series forecasting, fractal science, econometrics, and artificial intelligence in the financial market.
If you are interested in our software and training, just visit our main website: www.algotrading-investment.com
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
How to Ride the Price Swing or Fractal Wave in Forex – Must Read
In this short article, we will share some practical tips to ride the price swings (or Fractal wave) in Forex and Stock market. Please read this article for your own good as it does not cost you anything. Forex trading is basically the decision making process over the market entry and exit. The most important variable you need to watch is the price. You need to watch how the price evolves with time. Hence, we will share the best way to calculate the market timing.
Step 1: open the chart. This is the first requirement for any trading. You need to see the price to learn what is going on in the market. Especially, when you apply the peak trough analysis in your chart, you will see lowest and highest points marked automatically. This lowest and highest points are basically the price swings happened in the past. You need use these price swings to read the market rhythm before making your trading decision.
Step 2: Look for the important horizontal support and resistance or diagonal support and resistance. In this example, we have drawn the horizontal support line for the visual illustration of this process. Marking up the support and resistance is simple task with peak trough analysis in your chart. Never underestimated them. It can takes as little time as 2 to 3 minutes to draw one or two important lines.
Step 3: Here is the most important part. As in our example, the price is heading to the horizontal support line, we need to assess how risky to take the reversal or breakout trading around this horizontal support line. Now we apply our turning point probability graph to assess our opportunity for reversal or breakout. Turning point probability will be measured between the point A and the point B. That is one price swing or fractal wave. Now let us have a look at the number.
From the turning point probability graph, at the point B, we can tell the followings:
the turning point probability in price is 38%
turning point probability in time is 37%
In another words, at the point B, we can tell the followings:
the trend probability in price is 62% (1 – 38%)
trend probability in time is 63% (1 – 37%)
Interpreting this probability, we can tell that the current price level is little bit immature to expect the reversal movement. If price go down further and it touches the horizontal support line, then we can tell the followings:
the turning point probability in price is 45%
turning point probability in time is unknown now. Depending on how fast or slowly price come down, it might go over 50%.
In Step 3 analysis, there are two important points for you to understand. Firstly, this trading opportunity is not entirely favoring the reversal trading. There are some cases which your chance for reversal trading is much higher comparing to the breakout trading chance. The step 3 analysis will usually help you to find out that. Secondly, since the certainty is not too high, this recommends you to position size carefully. In another words, you need to think about the mild position size rather than the big position size. Even more simply speaking, reduce the lot size for your forex trading. Then depending on the surrounding market condition, you can conditionally increase or reduce the position size. Checking the surrounding market condition is the final check up. If the surrounding market condition is not favoring your trading direction, it is good to skip this opportunity.
In long run, we recommend you to follow step 1, step 2 and step 3. Especially, step 3 is the most important analysis as you have the opportunity to access your risk in your trading. Typically, visualizing one’s trading decision is not an easy task. Hence, this article is not meant to provide the exhausted list of the analysis steps but use as only some base guideline. We hope you enjoy this short practical guideline. There are more educational articles in this link below.
https://algotrading-investment.com/2019/07/23/trading-education/
https://algotrading-investment.com/2020/04/26/metatrader-and-optimum-chart-manuals/
For the time being, there are only two tools that can measure the turning point probability in price and time. First one is the Fractal Pattern Scanner for MetaTrader 4 and MetaTrader 5. Second one is the Optimum Chart.
Below is the landing page for Fractal Pattern Scanner in MetaTrader version.
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/portfolio-item/fractal-pattern-scanner/
In addition, to accomplish this article. you can watch this YouTube video titled as “Breakout Trading vs Reversal Trading (Turn Support & Resistance to Killer Strategy)” in this link below to get some hands on practice with breakout and reversal trading opportunity with Support and Resistance Technical Analysis. In another words, you can turn simple support and resistance to the killer strategy for Forex trading.
YouTube Video Link: https://youtu.be/UbORmOacKIQ
In this short article, we will share some practical tips to ride the price swings (or Fractal wave) in Forex and Stock market. Please read this article for your own good as it does not cost you anything. Forex trading is basically the decision making process over the market entry and exit. The most important variable you need to watch is the price. You need to watch how the price evolves with time. Hence, we will share the best way to calculate the market timing.
Step 1: open the chart. This is the first requirement for any trading. You need to see the price to learn what is going on in the market. Especially, when you apply the peak trough analysis in your chart, you will see lowest and highest points marked automatically. This lowest and highest points are basically the price swings happened in the past. You need use these price swings to read the market rhythm before making your trading decision.
Step 2: Look for the important horizontal support and resistance or diagonal support and resistance. In this example, we have drawn the horizontal support line for the visual illustration of this process. Marking up the support and resistance is simple task with peak trough analysis in your chart. Never underestimated them. It can takes as little time as 2 to 3 minutes to draw one or two important lines.
Step 3: Here is the most important part. As in our example, the price is heading to the horizontal support line, we need to assess how risky to take the reversal or breakout trading around this horizontal support line. Now we apply our turning point probability graph to assess our opportunity for reversal or breakout. Turning point probability will be measured between the point A and the point B. That is one price swing or fractal wave. Now let us have a look at the number.
From the turning point probability graph, at the point B, we can tell the followings:
the turning point probability in price is 38%
turning point probability in time is 37%
In another words, at the point B, we can tell the followings:
the trend probability in price is 62% (1 – 38%)
trend probability in time is 63% (1 – 37%)
Interpreting this probability, we can tell that the current price level is little bit immature to expect the reversal movement. If price go down further and it touches the horizontal support line, then we can tell the followings:
the turning point probability in price is 45%
turning point probability in time is unknown now. Depending on how fast or slowly price come down, it might go over 50%.
In Step 3 analysis, there are two important points for you to understand. Firstly, this trading opportunity is not entirely favoring the reversal trading. There are some cases which your chance for reversal trading is much higher comparing to the breakout trading chance. The step 3 analysis will usually help you to find out that. Secondly, since the certainty is not too high, this recommends you to position size carefully. In another words, you need to think about the mild position size rather than the big position size. Even more simply speaking, reduce the lot size for your forex trading. Then depending on the surrounding market condition, you can conditionally increase or reduce the position size. Checking the surrounding market condition is the final check up. If the surrounding market condition is not favoring your trading direction, it is good to skip this opportunity.
In long run, we recommend you to follow step 1, step 2 and step 3. Especially, step 3 is the most important analysis as you have the opportunity to access your risk in your trading. Typically, visualizing one’s trading decision is not an easy task. Hence, this article is not meant to provide the exhausted list of the analysis steps but use as only some base guideline. We hope you enjoy this short practical guideline. There are more educational articles in this link below.
https://algotrading-investment.com/2019/07/23/trading-education/
https://algotrading-investment.com/2020/04/26/metatrader-and-optimum-chart-manuals/
For the time being, there are only two tools that can measure the turning point probability in price and time. First one is the Fractal Pattern Scanner for MetaTrader 4 and MetaTrader 5. Second one is the Optimum Chart.
Below is the landing page for Fractal Pattern Scanner in MetaTrader version.
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/portfolio-item/fractal-pattern-scanner/
In addition, to accomplish this article. you can watch this YouTube video titled as “Breakout Trading vs Reversal Trading (Turn Support & Resistance to Killer Strategy)” in this link below to get some hands on practice with breakout and reversal trading opportunity with Support and Resistance Technical Analysis. In another words, you can turn simple support and resistance to the killer strategy for Forex trading.
YouTube Video Link: https://youtu.be/UbORmOacKIQ
![](https://c.mql5.com/1/239/Price-Swing-Analysis-1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Gartley Pattern – Harmonic Pattern
This page provides the useful information for Gartley Pattern used in Forex and Stock market. Gartley Pattern is the Harmonic Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Gartley Pattern in this study has the following Structure.
N: 3, C0: 0.618 to T0: 3
R0: 1.272, R1: 0.382 -0.886, R2: 0.618
Screenshots were taken when these ratios are met purely. No other indicator or confirmation were used to allow the fair comparison to other price patterns. For example, to compare the accuracy of Gartley Pattern to Butterfly Pattern, or to compare the accuracy of Harmonic pattern to Elliott Wave pattern, or to compare the accuracy of Harmonic pattern to X3 Chart pattern, etc. Remember the purpose of this work is to provide the most accurate price pattern to trade. Finding the most profitable chart pattern can be done only by comparing apple to apple meaning that each pattern should be compared under the same condition.
In practice, the trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.
Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
Risk management around the Trading Zone. Look for the trading entry, where at least, Reward > Risk x 2
Possibility for breakout trading around the trading zone (=use them as support and resistance)
Look for continuation pattern vs reversal pattern
We recommend these books to find out how to increase the success rate when you trade with these chart patterns.
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Here is the PDF document presenting Gartley Pattern In Forex Market.
https://algotrading-investment.com/manual/pricepattern/Gartley%20Pattern%20in%20Forex.pdf
Here is the PDF document presenting Gartley Pattern in Stock Market.
https://algotrading-investment.com/manual/pricepattern/Gartley%20Pattern%20in%20Stock%20Market.pdf
Here is the YouTube Video for Gartly Pattern in Forex Market.
https://youtu.be/J3vjlHatUTI
Here is the YouTube Video for Gartley Pattern in Stock Market.
https://youtu.be/JSqwX2XSMNg
Gartley Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2019/07/23/optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
This page provides the useful information for Gartley Pattern used in Forex and Stock market. Gartley Pattern is the Harmonic Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Gartley Pattern in this study has the following Structure.
N: 3, C0: 0.618 to T0: 3
R0: 1.272, R1: 0.382 -0.886, R2: 0.618
Screenshots were taken when these ratios are met purely. No other indicator or confirmation were used to allow the fair comparison to other price patterns. For example, to compare the accuracy of Gartley Pattern to Butterfly Pattern, or to compare the accuracy of Harmonic pattern to Elliott Wave pattern, or to compare the accuracy of Harmonic pattern to X3 Chart pattern, etc. Remember the purpose of this work is to provide the most accurate price pattern to trade. Finding the most profitable chart pattern can be done only by comparing apple to apple meaning that each pattern should be compared under the same condition.
In practice, the trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.
Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
Risk management around the Trading Zone. Look for the trading entry, where at least, Reward > Risk x 2
Possibility for breakout trading around the trading zone (=use them as support and resistance)
Look for continuation pattern vs reversal pattern
We recommend these books to find out how to increase the success rate when you trade with these chart patterns.
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Here is the PDF document presenting Gartley Pattern In Forex Market.
https://algotrading-investment.com/manual/pricepattern/Gartley%20Pattern%20in%20Forex.pdf
Here is the PDF document presenting Gartley Pattern in Stock Market.
https://algotrading-investment.com/manual/pricepattern/Gartley%20Pattern%20in%20Stock%20Market.pdf
Here is the YouTube Video for Gartly Pattern in Forex Market.
https://youtu.be/J3vjlHatUTI
Here is the YouTube Video for Gartley Pattern in Stock Market.
https://youtu.be/JSqwX2XSMNg
Gartley Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2019/07/23/optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
![](https://c.mql5.com/1/239/Gartley_Pattern_Trading.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Great Technical Indicators for Price Action
Here is great technical indicator for Price Action Trading. Both MetaTrader 4 and MetaTrader 5 versions are available.
1. Advanced Price Pattern Scanner
Detecting price patterns like Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better, this is non repainting indicator, which means great for your trading.
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678
https://algotrading-investment.com/portfolio-item/advanced-price-pattern-scanner/
2. Ace Supply Demand Zone indicator
Ace Supply Demand Zone indicator is a great indicator to extend support and resistance concept into supply and demand zone. This is powerful and great as it uses non repainting and non lagging algorithm.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand/
3. Mean Reversion Supply Demand
Mean Reversion Supply Demand is another affordable supply and demand zone trading system but with a lot of rich features. For your information, both ace supply demand zone and mean reversion supply demand use a complete different algorithm.
https://www.mql5.com/en/market/product/16823
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand/
4. Price Breakout Pattern Scanner
Price Breakout Pattern Scanner can also detect price patterns like riangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder. In addition, you can use the power of smart renko together.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/portfolio-item/price-breakout-pattern-scanner/
Here is great technical indicator for Price Action Trading. Both MetaTrader 4 and MetaTrader 5 versions are available.
1. Advanced Price Pattern Scanner
Detecting price patterns like Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better, this is non repainting indicator, which means great for your trading.
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/24678
https://algotrading-investment.com/portfolio-item/advanced-price-pattern-scanner/
2. Ace Supply Demand Zone indicator
Ace Supply Demand Zone indicator is a great indicator to extend support and resistance concept into supply and demand zone. This is powerful and great as it uses non repainting and non lagging algorithm.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand/
3. Mean Reversion Supply Demand
Mean Reversion Supply Demand is another affordable supply and demand zone trading system but with a lot of rich features. For your information, both ace supply demand zone and mean reversion supply demand use a complete different algorithm.
https://www.mql5.com/en/market/product/16823
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand/
4. Price Breakout Pattern Scanner
Price Breakout Pattern Scanner can also detect price patterns like riangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder. In addition, you can use the power of smart renko together.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/portfolio-item/price-breakout-pattern-scanner/
![](https://c.mql5.com/1/239/Advanced-Price-Pattern-Scanner-Introductione.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
MT5 Supply Demand Zone Indicator
MetaTrader 5 is the next generation trading platform developed by Meta Quote who developed MetaTrader 4. MetaTrader 5 is accessible for free of charge for any trader from all over the world. More and more brokers are now offering MetaTrader 5 trading options even including US based firms.
Here is the list of Advanced Supply Demand Zone Indicator. These supply and demand zone indicators are rich in features with many powerful features to help you to trade the right supply and demand zone to trading. Also note that supply demand zone indicator can be used as a great support and resistance indicator too. So if you are looking for good support resistance indicator, then these tools are good too. Please check it out.
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. Hence, you can watch this YouTube Video to learn the basic operation with the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
MT5 Mean Reversion Supply Demand
Mean Reversion Supply Demand indicator is our earliest supply demand zone indicator and loved by many trader all over the world. It is great to trade with reversal and breakout. You can also fully setup your trading with stop loss and take profit target.
Below are the links to MT4 version of the Mean Reversion Supply Demand indicator.
https://www.mql5.com/en/market/product/16823
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand
MT5 Ace Supply Demand Zone Indicator
Ace Supply Demand Zone indicator is our next generation supply demand zone indicator. It was built in non repainting and non lagging algorithm. On top of many powerful features, you can also make use of archived supply and demand zone in your trading to find more accurate trading opportunity.
Below are the links to MT4 version of the Ace Supply Demand Zone indicator.
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone
MetaTrader 5 is the next generation trading platform developed by Meta Quote who developed MetaTrader 4. MetaTrader 5 is accessible for free of charge for any trader from all over the world. More and more brokers are now offering MetaTrader 5 trading options even including US based firms.
Here is the list of Advanced Supply Demand Zone Indicator. These supply and demand zone indicators are rich in features with many powerful features to help you to trade the right supply and demand zone to trading. Also note that supply demand zone indicator can be used as a great support and resistance indicator too. So if you are looking for good support resistance indicator, then these tools are good too. Please check it out.
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. Hence, you can watch this YouTube Video to learn the basic operation with the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
MT5 Mean Reversion Supply Demand
Mean Reversion Supply Demand indicator is our earliest supply demand zone indicator and loved by many trader all over the world. It is great to trade with reversal and breakout. You can also fully setup your trading with stop loss and take profit target.
Below are the links to MT4 version of the Mean Reversion Supply Demand indicator.
https://www.mql5.com/en/market/product/16823
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand
MT5 Ace Supply Demand Zone Indicator
Ace Supply Demand Zone indicator is our next generation supply demand zone indicator. It was built in non repainting and non lagging algorithm. On top of many powerful features, you can also make use of archived supply and demand zone in your trading to find more accurate trading opportunity.
Below are the links to MT4 version of the Ace Supply Demand Zone indicator.
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone
![](https://c.mql5.com/1/239/Ace-Supply-Demand-Zone-Indicator-Released-for-MetaTrader__2.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Applying Turing Point Prediction in Forex Market
In this article, we provide an explanation on how to apply the turning point prediction in Forex Market. Here we will be using Swing Size and Swing Age variable to identify the turning point probability for each price swing.
Swing Age is the count of candle bars from latest bar to the swing right end.
Swing Size is the count of candle bars from the swing right end to swing left end
As these two variable provides you the relative coordinate of the right end and left end of the price swing, you can locate the turning point value for each price swing. Check the screenshot to clarify your understanding.
In terms of application, the turning point prediction is useful as it quantifies your risk for trading between 0.0 and 1.0 (or 100%). Quantification in your trading is always good because you have something to stick as a guidance for your trading. When you do not have the guidance, you will often find that your emotion will ruin your trading.
There are two basic concepts in regards to the probability and some advanced concepts in regards to Mother Wave and Child Wave. For your own good, everyone should understand the basic concepts if you want to improve your trading performance in long run.
In the first basic concept, if the price reaches the turning point probability above 0.7 (or 70%), in this turning point probability range, you can look for the potential reversal opportunity. In another words, it is the good point to detect the directional change in the market. It could be either correction or global turning point.
In the second basic concept, if the price reaches the turning point probability between 0.0 and 0.5 (or 50%), you can find the good breakout opportunity. In another words, it is the good point to detect the continuation in the price movement. We will omit the advanced concepts here as it was already explained elsewhere.
If you do not have an access to the Turning Point Prediction, then it is fine as we provide the Turning Point Prediction for Forex Market for free. Anyone can access the standard turning point prediction for your day trading for free of charge from the link below.
https://algotrading-investment.com/2020/10/23/price-prediction-for-day-trading/
At the same time, if you want to have the scanner for the MetaTrader 4 or MetaTrader 5, here is the links to Fractal Pattern Scanner. In Fractal Pattern Scanner, you can access the turning point probability scanner + mother wave breakout signals, reversal signals, and many more advanced features.
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/portfolio-item/fractal-pattern-scanner/
In this article, we provide an explanation on how to apply the turning point prediction in Forex Market. Here we will be using Swing Size and Swing Age variable to identify the turning point probability for each price swing.
Swing Age is the count of candle bars from latest bar to the swing right end.
Swing Size is the count of candle bars from the swing right end to swing left end
As these two variable provides you the relative coordinate of the right end and left end of the price swing, you can locate the turning point value for each price swing. Check the screenshot to clarify your understanding.
In terms of application, the turning point prediction is useful as it quantifies your risk for trading between 0.0 and 1.0 (or 100%). Quantification in your trading is always good because you have something to stick as a guidance for your trading. When you do not have the guidance, you will often find that your emotion will ruin your trading.
There are two basic concepts in regards to the probability and some advanced concepts in regards to Mother Wave and Child Wave. For your own good, everyone should understand the basic concepts if you want to improve your trading performance in long run.
In the first basic concept, if the price reaches the turning point probability above 0.7 (or 70%), in this turning point probability range, you can look for the potential reversal opportunity. In another words, it is the good point to detect the directional change in the market. It could be either correction or global turning point.
In the second basic concept, if the price reaches the turning point probability between 0.0 and 0.5 (or 50%), you can find the good breakout opportunity. In another words, it is the good point to detect the continuation in the price movement. We will omit the advanced concepts here as it was already explained elsewhere.
If you do not have an access to the Turning Point Prediction, then it is fine as we provide the Turning Point Prediction for Forex Market for free. Anyone can access the standard turning point prediction for your day trading for free of charge from the link below.
https://algotrading-investment.com/2020/10/23/price-prediction-for-day-trading/
At the same time, if you want to have the scanner for the MetaTrader 4 or MetaTrader 5, here is the links to Fractal Pattern Scanner. In Fractal Pattern Scanner, you can access the turning point probability scanner + mother wave breakout signals, reversal signals, and many more advanced features.
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/portfolio-item/fractal-pattern-scanner/
![](https://c.mql5.com/1/239/Fractal_Cycle_Analysis.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Winning Trading Logic – Detecting Supply and Demand Unbalance
As we have pointed out in our article, detecting the supply and demand unbalance is the most important key in making profits in Financial market. The excessive momentum indicator is the automated tool to detect these unbalance in supply and demand for your trading. With excessive momentum drawn in your chart, it is much easier to predict the timing of new trend and its direction.
Here is the insightful article explaining where the profits comes and how the profits are captured with the knowledge of excessive momentum. If you really want to make money in the market, must read this article. Reading does not cost you anything.
https://algotrading-investment.com/2018/10/29/introduction-to-excessive-momentum-trading/
This Excessive Momentum Zone can be considered as either Accumulation or Distribution area in the Volume Spread Analysis. You can further find the symptoms of accumulation and distribution area using our Volume Spread Pattern Indicator (Paid and Advanced version) or Volume Spread Pattern Detector (Free and Light version). You can watch the YouTube videos to find more about the Excessive Momentum Indicator.
YouTube Video Momentum Indicator: https://youtu.be/oztARcXsAVA
Here is link to Excessive Momentum Indicator available on MetaTrader 4 and MetaTrader 5 platform.
https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621
As we have pointed out in our article, detecting the supply and demand unbalance is the most important key in making profits in Financial market. The excessive momentum indicator is the automated tool to detect these unbalance in supply and demand for your trading. With excessive momentum drawn in your chart, it is much easier to predict the timing of new trend and its direction.
Here is the insightful article explaining where the profits comes and how the profits are captured with the knowledge of excessive momentum. If you really want to make money in the market, must read this article. Reading does not cost you anything.
https://algotrading-investment.com/2018/10/29/introduction-to-excessive-momentum-trading/
This Excessive Momentum Zone can be considered as either Accumulation or Distribution area in the Volume Spread Analysis. You can further find the symptoms of accumulation and distribution area using our Volume Spread Pattern Indicator (Paid and Advanced version) or Volume Spread Pattern Detector (Free and Light version). You can watch the YouTube videos to find more about the Excessive Momentum Indicator.
YouTube Video Momentum Indicator: https://youtu.be/oztARcXsAVA
Here is link to Excessive Momentum Indicator available on MetaTrader 4 and MetaTrader 5 platform.
https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621
![](https://c.mql5.com/1/239/Excessive-Momentum-Indicator-with-Accumulation-and-Distribution-Area.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Pattern Inside Pattern Analysis
If you are a trader or investor, the Pattern Inside Pattern Analysis is the key trading principle towards the success. As a trader or investor, we are all here to achieve the benefits from the financial trading. After opening up the live account with a broker, we will be looking into the secret trading recipe or a winning trading recipe. The Pattern Inside Pattern Analysis is the key idea behind the the secret trading recipe or a winning trading recipe. So what is the pattern inside pattern analysis ? To start, recap some common saying from the business analyst or economist, they will say that the business cycle can repeat in 5 to 10 years. In another words, this suggests that the market is not moving with the deterministic cycle. We can only use the range of period to describe the cycle. Some people call this as rhythm. Pattern Inside pattern analysis is the tool to predict the repeating rhythm in the financial market.
The “pattern inside pattern” analysis (PPA) often reveals the most efficient entry for our trading. This was the third important guideline we have learned from the fractal wave analysis. This is probability the most important guideline for the practical trading. When small triangles make up the large triangle in the fractal wave, we can call the small triangle as the child wave and the large triangle as the mother wave. For example, in the large cycle, price could make a swing high by moving 1000 points up from trough to peak. The swing high of the large cycle is made up from many small price swings in the small cycle. More precisely, the swing high of the large cycle is made up from the triangle 3, 4 5 and 6 in the small cycle. Likewise, in the large cycle, price could make swing low by moving 600 points down from peak to trough. The swing low of the large cycle is made up from many small price swings in the small cycle. More precisely, the swing low of the large cycle is made up from the triangle 0 and 1 in the small cycle.
The book: Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading) is an dedicated book for the pattern inside pattern analysis. This book will provide the guidance on how to catch the important rhythm in the Forex and Stock market. With many chart examples for the pattern inside pattern analysis, we recommend this book because the book shares many fresh new ideas towards your day trading. The book can be found in all the major book distributors in the world. Please choose the best book distributor you like from the link below including amazon.com, Google Play Book, scribd.com, Apple Book and so on.
https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
Harmonic Pattern is one of the tools that can be used for the pattern inside pattern analysis. Harmonic Pattern Detection could be tedious process if you have to do them manually. You can use the automated tool for your trading. If you are looking for the Harmonic Pattern Scanner, then here are some choice between repainting harmonic pattern scanner and non repainting harmonic pattern scanner. We present one repainting and one non repainting harmonic pattern scanner for your information below. The book will provide the guideline on how to improve your harmonic pattern trading with pattern inside pattern analysis.
1. Harmonic Pattern Plus (2014)
Harmonic pattern plus is extremely good product for the price although this is repainting harmonic pattern indicator. With dozens of powerful features including Pattern Completion Interval, Potential Reversal Zone, Potential Continuation Zone, Automatic Stop loss and take profit sizing.
Below are the Links to Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2. X3 Chart Pattern Scanner (2019)
X3 Chart Pattern Scanner is next generation tools to trade with X3 price patterns in Forex market. With non repainting and non lagging algorithm, this tool can detect with advanced Harmonic Pattern, Elliott Wave Pattern, X3 Pattern structure for your trading. As a bonus, it provides your Japanese candlestick patterns too. X3 Chart Pattern Scanner is type 4 harmonic pattern indicator, which means that you can fine tune your strategy using historical patterns while you are trading the same patterns on live trading.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
If you are a trader or investor, the Pattern Inside Pattern Analysis is the key trading principle towards the success. As a trader or investor, we are all here to achieve the benefits from the financial trading. After opening up the live account with a broker, we will be looking into the secret trading recipe or a winning trading recipe. The Pattern Inside Pattern Analysis is the key idea behind the the secret trading recipe or a winning trading recipe. So what is the pattern inside pattern analysis ? To start, recap some common saying from the business analyst or economist, they will say that the business cycle can repeat in 5 to 10 years. In another words, this suggests that the market is not moving with the deterministic cycle. We can only use the range of period to describe the cycle. Some people call this as rhythm. Pattern Inside pattern analysis is the tool to predict the repeating rhythm in the financial market.
The “pattern inside pattern” analysis (PPA) often reveals the most efficient entry for our trading. This was the third important guideline we have learned from the fractal wave analysis. This is probability the most important guideline for the practical trading. When small triangles make up the large triangle in the fractal wave, we can call the small triangle as the child wave and the large triangle as the mother wave. For example, in the large cycle, price could make a swing high by moving 1000 points up from trough to peak. The swing high of the large cycle is made up from many small price swings in the small cycle. More precisely, the swing high of the large cycle is made up from the triangle 3, 4 5 and 6 in the small cycle. Likewise, in the large cycle, price could make swing low by moving 600 points down from peak to trough. The swing low of the large cycle is made up from many small price swings in the small cycle. More precisely, the swing low of the large cycle is made up from the triangle 0 and 1 in the small cycle.
The book: Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading) is an dedicated book for the pattern inside pattern analysis. This book will provide the guidance on how to catch the important rhythm in the Forex and Stock market. With many chart examples for the pattern inside pattern analysis, we recommend this book because the book shares many fresh new ideas towards your day trading. The book can be found in all the major book distributors in the world. Please choose the best book distributor you like from the link below including amazon.com, Google Play Book, scribd.com, Apple Book and so on.
https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
Harmonic Pattern is one of the tools that can be used for the pattern inside pattern analysis. Harmonic Pattern Detection could be tedious process if you have to do them manually. You can use the automated tool for your trading. If you are looking for the Harmonic Pattern Scanner, then here are some choice between repainting harmonic pattern scanner and non repainting harmonic pattern scanner. We present one repainting and one non repainting harmonic pattern scanner for your information below. The book will provide the guideline on how to improve your harmonic pattern trading with pattern inside pattern analysis.
1. Harmonic Pattern Plus (2014)
Harmonic pattern plus is extremely good product for the price although this is repainting harmonic pattern indicator. With dozens of powerful features including Pattern Completion Interval, Potential Reversal Zone, Potential Continuation Zone, Automatic Stop loss and take profit sizing.
Below are the Links to Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2. X3 Chart Pattern Scanner (2019)
X3 Chart Pattern Scanner is next generation tools to trade with X3 price patterns in Forex market. With non repainting and non lagging algorithm, this tool can detect with advanced Harmonic Pattern, Elliott Wave Pattern, X3 Pattern structure for your trading. As a bonus, it provides your Japanese candlestick patterns too. X3 Chart Pattern Scanner is type 4 harmonic pattern indicator, which means that you can fine tune your strategy using historical patterns while you are trading the same patterns on live trading.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
![](https://c.mql5.com/1/239/Pattern_Inside_Pattern_Analysis_Figure-9-12.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
New Article –Introduction to Technical Analysis
Designing a successful strategy is an intellectually challenging process. It requires extensive research and testing. The research in trading is always followed by the immediate real world outcome. The trading strategy based on the bad system or methodology will be falsified extremely fast in the real world trading. Naturally, a trader with the scientific mind set can learn the great deal of knowledge about this world from testing various trading methodology with the financial market. Science or scientific methodology plays an important role in trading and investment.
Read entire free article from below link:
https://algotrading-investment.com/2020/06/02/introduction-to-technical-analysis/
In addition, you can also have an access to important free articles for your trading here.
https://algotrading-investment.com/2019/07/23/trading-education/
In addition, you can watch this short YouTube Video titled as “Fractal to Advanced Technical Analysis in Less than 6 minutes” to accomplish the complete understanding of your technical analysis. Below is the link the YouTube video.
YouTube link: https://youtu.be/RiTsWthvxfA
In addition, here is the several technical analysis indicator you might be interested in.
1. Elliott Wave Trend for MetaTrader 4
Elliott Wave Trend is extremely powerful Elliott wave indicator. This indicator allows you to perform Elliott wave counting as well as Elliott wave pattern detection. All these are the essential steps in predicting market with Elliott Wave theory. On top of them, it provides built in support and resistance system and turning point strength indicator to improve your trading performance. Yet, there are many additional features for you to explorer inside this technical indicator.
https://www.mql5.com/en/market/product/16479
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
2. X3 Chart Pattern Scanner for MetaTrader 4
X3 Chart Pattern Scanner is not exclusively Elliott wave tool but it contains some Elliott Wave pattern features in it. Primarily, X3 Chart Pattern Scanner is specialized tools in detecting the chart patterns including Fibonacci Price Pattern, Harmonic Pattern and Elliott Wave Patterns. It is great tool if you want to use both Harmonic Pattern and Elliott Wave patterns in one tool. The added bonus is that X3 Chart Patterns scanner is capable to detect around 52 Japanese candle stick patterns and advanced channels.
https://www.mql5.com/en/market/product/41993
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
In summary, both tools are the high performance trading system. However, if you want to use Elliott wave trading exclusively and you understand the Wave principle, then you should go for Elliott Wave trend. If you do not mind both Elliott Wave and Harmonic Pattern Trading, then you should use Profitable Pattern Scanner.
Designing a successful strategy is an intellectually challenging process. It requires extensive research and testing. The research in trading is always followed by the immediate real world outcome. The trading strategy based on the bad system or methodology will be falsified extremely fast in the real world trading. Naturally, a trader with the scientific mind set can learn the great deal of knowledge about this world from testing various trading methodology with the financial market. Science or scientific methodology plays an important role in trading and investment.
Read entire free article from below link:
https://algotrading-investment.com/2020/06/02/introduction-to-technical-analysis/
In addition, you can also have an access to important free articles for your trading here.
https://algotrading-investment.com/2019/07/23/trading-education/
In addition, you can watch this short YouTube Video titled as “Fractal to Advanced Technical Analysis in Less than 6 minutes” to accomplish the complete understanding of your technical analysis. Below is the link the YouTube video.
YouTube link: https://youtu.be/RiTsWthvxfA
In addition, here is the several technical analysis indicator you might be interested in.
1. Elliott Wave Trend for MetaTrader 4
Elliott Wave Trend is extremely powerful Elliott wave indicator. This indicator allows you to perform Elliott wave counting as well as Elliott wave pattern detection. All these are the essential steps in predicting market with Elliott Wave theory. On top of them, it provides built in support and resistance system and turning point strength indicator to improve your trading performance. Yet, there are many additional features for you to explorer inside this technical indicator.
https://www.mql5.com/en/market/product/16479
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
2. X3 Chart Pattern Scanner for MetaTrader 4
X3 Chart Pattern Scanner is not exclusively Elliott wave tool but it contains some Elliott Wave pattern features in it. Primarily, X3 Chart Pattern Scanner is specialized tools in detecting the chart patterns including Fibonacci Price Pattern, Harmonic Pattern and Elliott Wave Patterns. It is great tool if you want to use both Harmonic Pattern and Elliott Wave patterns in one tool. The added bonus is that X3 Chart Patterns scanner is capable to detect around 52 Japanese candle stick patterns and advanced channels.
https://www.mql5.com/en/market/product/41993
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
In summary, both tools are the high performance trading system. However, if you want to use Elliott wave trading exclusively and you understand the Wave principle, then you should go for Elliott Wave trend. If you do not mind both Elliott Wave and Harmonic Pattern Trading, then you should use Profitable Pattern Scanner.
![](https://c.mql5.com/1/239/Figure-1-4_-Fibonacci-Retracement-drawn-over-daily-EURUSD-candlestick-chart-for-bearish-setup..png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Harmonic Pattern – Turning Point and Trend
This article “Turning Point and Trend” tries to answer you on when to use Harmonic Pattern Trading in terms of the four market cycle including Birth, Growth, Maturity and Death. If you want to become profitable trader, then you need to decide when your capital to dive into the market. The best way is doing it with the market rhythm, i.e. the market cycle. This article will provide you the clear answer on how to tune your entry with the market. This is the first step for any trader in choosing their strategy in fact. You would also revise the pros and cons of the turning point strategy, semi turning point strategy and trend strategy.
https://algotrading-investment.com/2019/07/06/turning-point-and-trend/
Below are the list of automated Harmonic pattern Indicator developed for MetaTrader 4 and MetaTrader 5 platform.
Harmonic Pattern Plus
One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
Harmonic Pattern Scenario planner
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
Both Harmonic pattern plus and Harmonic Pattern Scenario planner are the excellent trading system at affordable cost. However, if you do not like repainting Harmonic pattern indicator, then we also provide the non repainting and non lagging harmonic pattern trading. Just check the X3 Chart Pattern Scanner below.
Link to X3 Chart Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
This article “Turning Point and Trend” tries to answer you on when to use Harmonic Pattern Trading in terms of the four market cycle including Birth, Growth, Maturity and Death. If you want to become profitable trader, then you need to decide when your capital to dive into the market. The best way is doing it with the market rhythm, i.e. the market cycle. This article will provide you the clear answer on how to tune your entry with the market. This is the first step for any trader in choosing their strategy in fact. You would also revise the pros and cons of the turning point strategy, semi turning point strategy and trend strategy.
https://algotrading-investment.com/2019/07/06/turning-point-and-trend/
Below are the list of automated Harmonic pattern Indicator developed for MetaTrader 4 and MetaTrader 5 platform.
Harmonic Pattern Plus
One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
Harmonic Pattern Scenario planner
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
Both Harmonic pattern plus and Harmonic Pattern Scenario planner are the excellent trading system at affordable cost. However, if you do not like repainting Harmonic pattern indicator, then we also provide the non repainting and non lagging harmonic pattern trading. Just check the X3 Chart Pattern Scanner below.
Link to X3 Chart Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
![](https://c.mql5.com/1/239/Harmonic-pattern-turning-point-and-trend.jpg)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Why Price Action and Pattern Trading
After the intensive research in Forex and Stock market, We found the closest tool which to our own intuition. That was the price action and pattern. You know that pattern recognition is the most accurate weapons we have and we use every day in our life. We use it to find out our friends, lover, enemy, good house, bad house, etc. For forex and stock trading, this is also the precious weapon to select good stocks and bad stocks to trade and to figure out potential bullish and bearish market timing as well as to pin-point the turning point. Price patterns in charts are aligned with your intuition for your trading. Fortunately, we have made many trials and errors of using this price patterns in the market to find out the best practical application. Here is one secret of best trading practice.
The very essence of best trading practice come down to one words, “superimposed pattern”. That is to say, that you make trading decision based on multiple of patterns aligned in chart to get the highest accuracy as possible (=superimposed pattern trading). This follows the typical wisdom taught in many trading schools and textbooks, “trade with multiple evidences”.
Geometry and patterns are not rocket science. Anyone can understand and use them for your trading. Some example of superimposed pattern trading principle and some recipes are introduced in my book.
https://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
https://algotrading-investment.com/portfolio-item/scientific-guide-to-price-action-and-pattern-trading/
Here is the great range of tools for your Price Action and Pattern Trading we have developed for your winning trading.
https://www.mql5.com/en/users/financeengineer/seller
https://algotrading-investment.com/technical-indicator-expert-advisor/
After the intensive research in Forex and Stock market, We found the closest tool which to our own intuition. That was the price action and pattern. You know that pattern recognition is the most accurate weapons we have and we use every day in our life. We use it to find out our friends, lover, enemy, good house, bad house, etc. For forex and stock trading, this is also the precious weapon to select good stocks and bad stocks to trade and to figure out potential bullish and bearish market timing as well as to pin-point the turning point. Price patterns in charts are aligned with your intuition for your trading. Fortunately, we have made many trials and errors of using this price patterns in the market to find out the best practical application. Here is one secret of best trading practice.
The very essence of best trading practice come down to one words, “superimposed pattern”. That is to say, that you make trading decision based on multiple of patterns aligned in chart to get the highest accuracy as possible (=superimposed pattern trading). This follows the typical wisdom taught in many trading schools and textbooks, “trade with multiple evidences”.
Geometry and patterns are not rocket science. Anyone can understand and use them for your trading. Some example of superimposed pattern trading principle and some recipes are introduced in my book.
https://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
https://algotrading-investment.com/portfolio-item/scientific-guide-to-price-action-and-pattern-trading/
Here is the great range of tools for your Price Action and Pattern Trading we have developed for your winning trading.
https://www.mql5.com/en/users/financeengineer/seller
https://algotrading-investment.com/technical-indicator-expert-advisor/
![](https://c.mql5.com/1/239/Harmonic_Pattern_Prediction.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Using Japanese candlestick patterns with Price Breakout Pattern Scanner
Price Breakout Pattern Scanner combines several trading systems in one product. Properly used, they can yield excellent trading results. One of the trading system built inside Price Breakout Pattern Scanner is Japanese candlestick patterns. Price Breakout Pattern Scanner can detect 52 different Japanese candlestick patterns. They are categorized under five categories including one, two, three, four and five candlestick patterns.
To use Japanese candlestick patterns, you have enable the candlestick pattern from Price Breakout Pattern Scanner. See the attached screenshot for the purpose. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish.
In addition, you can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/portfolio-item/price-breakout-pattern-scanner/
Price Breakout Pattern Scanner combines several trading systems in one product. Properly used, they can yield excellent trading results. One of the trading system built inside Price Breakout Pattern Scanner is Japanese candlestick patterns. Price Breakout Pattern Scanner can detect 52 different Japanese candlestick patterns. They are categorized under five categories including one, two, three, four and five candlestick patterns.
To use Japanese candlestick patterns, you have enable the candlestick pattern from Price Breakout Pattern Scanner. See the attached screenshot for the purpose. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish.
In addition, you can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/portfolio-item/price-breakout-pattern-scanner/
![](https://c.mql5.com/1/239/Price-Breakout-Pattern-Scanner-Version-7.1-released-1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
X3 Chart Pattern
“X3 Chart Pattern” was born together with the RECF pattern framework. X3 Chart pattern was initially developed to conduct the scientific research over the existing price patterns like Fibonacci price pattern, Harmonic Pattern and Elliott Wave Theory. Then it was developed further to improve over the limitations and weakness of the existing price patterns.
Firstly, all the previous pattern theory used points and lines as the main reference in their pattern structure. For example, in Harmonic Pattern, the main reference to its structure is the XABCD points. This letter is assigned to each point in the price pattern. In Elliott Wave, the main reference to its pattern structure is Wave 12345 and Wave ABC. Each number and letter in Elliott Wave represent the price swing at each wave. The building block of the ratio analysis over the price pattern is a triangle, which is made up from three zigzag points or two price swings. Hence, in the X3 Chart pattern, the main reference to the pattern structure is the triangles of the pattern instead of points and lines. When you have too many point and line references in the pattern structure, we will feel not easy as the number of lines and points are increasing in our chart. Hence, we are limited to study more complex patterns with points and lines. When you study the triangles of the price pattern directly, you can study more complex pattern structure with less overhead cost as well as with shorter expression.
Secondly, Fibonacci price pattern, Harmonic pattern, and Elliott Wave theory are Fibonacci number oriented. In regards to this point, here is some data present. We have created the distribution of Retracement ratios present in several currency data. This retracement ratio was counted after the price series was transformed to Peaks and Troughs. We can tell that some Fibonacci ratios are placed on top of distribution but some of the non-Fibonacci ratio like 0.55 or 0.66 was placed higher over 0.500 and 0.618 for EURUSD daily timeframe. In GBPUSD, the Golden ratio 0.618 occurrences is far below the 0.500 ratio. In USDJPY, it is rather 0.750 ratio was placed on top of this distribution.
Thirdly, the classic patterns have its fixed structure. For example, Harmonic pattern uses five points of XABCD (i.e. three triangles) and Elliott Wave pattern uses Wave 12345 (i.e. four triangles) as an impulse wave and Wave ABC (i.e. two triangles) as corrective wave. X3 Chart pattern allows you to readily modify their ratios to suit for the real world trading if you are not happy with the old ratios and if you feel the need for the improvement. In addition, X3 Chart pattern allows you to extend the pattern structure into more number of triangles readily. These features in X3 Chart pattern are important because the scientific trading is all about improving and fine-turning of what we have over time.
With the three points, we can tell that X3 chart pattern can provide the wider opportunity to find the profitable patterns. Still X3 chart patterns are based on the fractal wave analysis. Hence, X3 patterns share many similarities with Fibonacci price pattern, Harmonic pattern and Elliott wave patterns in terms of the trading application. Although under the X3 chart pattern framework, you could develop and create numerous price patterns to trade, we introduce five X3 chart patterns for the illustrative examples. These price patterns include Trident Pattern, Horse Pattern, Eagle pattern, Phoenix pattern, and star river pattern.
For your trading in Forex and Stock market, we provide the detailed performance for each X3 Chart Pattern. You can download PDF file for each pattern from the link below. Or you can visit the YouTube video to check each pattern from the link below. Each PDF or YouTube video will provide you a proof for the X3 Chart Pattern. At the same time, you can use this proof to improve the given structure of the X3 Chart Pattern.
Horse Pattern: https://algotrading-investment.com/2022/06/30/horse-pattern-x3-chart-pattern/
Eagle Pattern: https://algotrading-investment.com/2022/06/30/eagle-pattern-x3-chart-pattern/
We also provide the great trading education about X3 Chart Pattern. You can have a look at following books to learn how to best use X3 Chart Pattern for your trading in Forex and Stock market. From these books, you will also find the X3 Chart Pattern framework that helps you to study, prove and improve X3 Chart Pattern to maximize your trading performance.
Guide to Precision Harmonic Pattern Trading
Link: https://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
Science Of Support, Resistance, Fibonacci Analysis and Harmonic Pattern
Link: https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
Profitable Chart Patterns in Forex and Stock Market
Link: https://algotrading-investment.com/portfolio-item/profitable-chart-patterns-in-forex-and-stock-market/
“X3 Chart Pattern” was born together with the RECF pattern framework. X3 Chart pattern was initially developed to conduct the scientific research over the existing price patterns like Fibonacci price pattern, Harmonic Pattern and Elliott Wave Theory. Then it was developed further to improve over the limitations and weakness of the existing price patterns.
Firstly, all the previous pattern theory used points and lines as the main reference in their pattern structure. For example, in Harmonic Pattern, the main reference to its structure is the XABCD points. This letter is assigned to each point in the price pattern. In Elliott Wave, the main reference to its pattern structure is Wave 12345 and Wave ABC. Each number and letter in Elliott Wave represent the price swing at each wave. The building block of the ratio analysis over the price pattern is a triangle, which is made up from three zigzag points or two price swings. Hence, in the X3 Chart pattern, the main reference to the pattern structure is the triangles of the pattern instead of points and lines. When you have too many point and line references in the pattern structure, we will feel not easy as the number of lines and points are increasing in our chart. Hence, we are limited to study more complex patterns with points and lines. When you study the triangles of the price pattern directly, you can study more complex pattern structure with less overhead cost as well as with shorter expression.
Secondly, Fibonacci price pattern, Harmonic pattern, and Elliott Wave theory are Fibonacci number oriented. In regards to this point, here is some data present. We have created the distribution of Retracement ratios present in several currency data. This retracement ratio was counted after the price series was transformed to Peaks and Troughs. We can tell that some Fibonacci ratios are placed on top of distribution but some of the non-Fibonacci ratio like 0.55 or 0.66 was placed higher over 0.500 and 0.618 for EURUSD daily timeframe. In GBPUSD, the Golden ratio 0.618 occurrences is far below the 0.500 ratio. In USDJPY, it is rather 0.750 ratio was placed on top of this distribution.
Thirdly, the classic patterns have its fixed structure. For example, Harmonic pattern uses five points of XABCD (i.e. three triangles) and Elliott Wave pattern uses Wave 12345 (i.e. four triangles) as an impulse wave and Wave ABC (i.e. two triangles) as corrective wave. X3 Chart pattern allows you to readily modify their ratios to suit for the real world trading if you are not happy with the old ratios and if you feel the need for the improvement. In addition, X3 Chart pattern allows you to extend the pattern structure into more number of triangles readily. These features in X3 Chart pattern are important because the scientific trading is all about improving and fine-turning of what we have over time.
With the three points, we can tell that X3 chart pattern can provide the wider opportunity to find the profitable patterns. Still X3 chart patterns are based on the fractal wave analysis. Hence, X3 patterns share many similarities with Fibonacci price pattern, Harmonic pattern and Elliott wave patterns in terms of the trading application. Although under the X3 chart pattern framework, you could develop and create numerous price patterns to trade, we introduce five X3 chart patterns for the illustrative examples. These price patterns include Trident Pattern, Horse Pattern, Eagle pattern, Phoenix pattern, and star river pattern.
For your trading in Forex and Stock market, we provide the detailed performance for each X3 Chart Pattern. You can download PDF file for each pattern from the link below. Or you can visit the YouTube video to check each pattern from the link below. Each PDF or YouTube video will provide you a proof for the X3 Chart Pattern. At the same time, you can use this proof to improve the given structure of the X3 Chart Pattern.
Horse Pattern: https://algotrading-investment.com/2022/06/30/horse-pattern-x3-chart-pattern/
Eagle Pattern: https://algotrading-investment.com/2022/06/30/eagle-pattern-x3-chart-pattern/
We also provide the great trading education about X3 Chart Pattern. You can have a look at following books to learn how to best use X3 Chart Pattern for your trading in Forex and Stock market. From these books, you will also find the X3 Chart Pattern framework that helps you to study, prove and improve X3 Chart Pattern to maximize your trading performance.
Guide to Precision Harmonic Pattern Trading
Link: https://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/
Science Of Support, Resistance, Fibonacci Analysis and Harmonic Pattern
Link: https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/
Profitable Chart Patterns in Forex and Stock Market
Link: https://algotrading-investment.com/portfolio-item/profitable-chart-patterns-in-forex-and-stock-market/
![](https://c.mql5.com/1/239/Eagle-Pattern-Cover__1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Better way of using Elliott Wave
The advantage of support and resistance is that it can go well with many of trading strategies. Having good support and resistance tools are probably the prime importance for the good trading performance nowadays. Of course, the performance of Elliott wave can be improved marginally when they are combined with good support and resistance tools.
Here is the short article explaining about how to use support and resistance together with Elliott Wave Patterns.
https://algotrading-investment.com/2019/07/18/support-and-resistance-with-elliott-wave-trend/
Here is the links to our Elliott Wave Trend:
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
The advantage of support and resistance is that it can go well with many of trading strategies. Having good support and resistance tools are probably the prime importance for the good trading performance nowadays. Of course, the performance of Elliott wave can be improved marginally when they are combined with good support and resistance tools.
Here is the short article explaining about how to use support and resistance together with Elliott Wave Patterns.
https://algotrading-investment.com/2019/07/18/support-and-resistance-with-elliott-wave-trend/
Here is the links to our Elliott Wave Trend:
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
![](https://c.mql5.com/1/239/elliott-wave-indicator-mt5__1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Introduction to Harmonic Pattern Scenario Planner
The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind.
Main Features
Predicting future patterns for scenario analysis
11 Harmonic Pattern Detection
Automatic stop loss and take profit recognition for superb risk management
Pattern Completion Interval for precision trading
Potential Continuation Zone Detection for future price prediction
Potential Reversal Zone Detection for Point D identification
Automatic Channel Detection to go with Harmonic Pattern (Optional)
Multiple timeframe Pattern Analysis
Multiple timeframe Pattern Detection
Guided Trading Instruction for professional traders
Pattern Locking and Unlocking feature in your chart
Even more, please find it out.
Scenario Simulation for Future Harmonic Pattern
There are powerful simulation techniques known to generate possible future price patterns like Monte Carlos Simulation, Brownian motion simulation, etc. To do so, we need to understand the price behavior including distribution and its randomness. Then we repeat the simulation as many times as possible to identify various future price path. Some future price path may be very important for your trading whereas some other price path may be insignificant. Harmonic Pattern Scenario Planner collects those significant price paths only for your advance trading decision.
How to Use
You can run Harmonic Pattern Scenario Planner like Harmonic Pattern Plus to pick up the turning point. At the same time, you can predict the future patterns for the advanced scenario analysis. The predicted pattern can be used for the earlier decision making for your trading.
Reduce commission and slippage using pending orders in advance
Worst case scenario planning before taking position
Early identification of important support and resistance lines automatically in advance
More accurate prediction of entry and exit timing
How to Trade
Each Harmonic Pattern provides you the potential entry for the turning point. You might apply few other filters to improve your trading. Some of the basic filters you can apply include RSI, CCI, MACD, Bollinger Bands, and Moving Average. More advanced filter can include Price Breakout Pattern Scanner, Mean Reversion Supply Demand, Elliott Wave Trend, and Harmonic Volatility Indicator. Please note that the trading performance can vary for your trading experience and trading skills.
Indicator Input
Here we list part of input setting. For full input setting, visit this webpage:
https://algotrading-investment.com/2018/10/25/short-guideline-for-harmonic-pattern-plus-and-harmonic-pattern-scenario-planner/
Harmonic Pattern Parameters 1 ( User Option ) ===========================
These parameters below concerns operations of Harmonic patterns. You can change button size, timeframe to detect patterns and alerts using these parameters. You can change timeframe of pattern detection. However, you cannot use smaller timeframe pattern detection for higher timeframe. For example, you cannot set Timeframe to detect patterns = H1 timeframe while you are using D1 chart.
Timeframe to detect Patterns
Max number of patterns to display
Pattern Index from which to display
Enable sound alert
Send email if pattern is found
Send notification if pattern is found
Display Fibo retracement (DC Future Price Projection)
Fibo Retracement Length
Fibo Retracement Color for pattern
Fibo Retracment Wdith for pattern
Use white background for chart
Amount of bars to scan for pattern search (1500 = default)
Detect Pattern at Every Tick: true or false only
Pattern Update Frequency (Period)
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind.
Main Features
Predicting future patterns for scenario analysis
11 Harmonic Pattern Detection
Automatic stop loss and take profit recognition for superb risk management
Pattern Completion Interval for precision trading
Potential Continuation Zone Detection for future price prediction
Potential Reversal Zone Detection for Point D identification
Automatic Channel Detection to go with Harmonic Pattern (Optional)
Multiple timeframe Pattern Analysis
Multiple timeframe Pattern Detection
Guided Trading Instruction for professional traders
Pattern Locking and Unlocking feature in your chart
Even more, please find it out.
Scenario Simulation for Future Harmonic Pattern
There are powerful simulation techniques known to generate possible future price patterns like Monte Carlos Simulation, Brownian motion simulation, etc. To do so, we need to understand the price behavior including distribution and its randomness. Then we repeat the simulation as many times as possible to identify various future price path. Some future price path may be very important for your trading whereas some other price path may be insignificant. Harmonic Pattern Scenario Planner collects those significant price paths only for your advance trading decision.
How to Use
You can run Harmonic Pattern Scenario Planner like Harmonic Pattern Plus to pick up the turning point. At the same time, you can predict the future patterns for the advanced scenario analysis. The predicted pattern can be used for the earlier decision making for your trading.
Reduce commission and slippage using pending orders in advance
Worst case scenario planning before taking position
Early identification of important support and resistance lines automatically in advance
More accurate prediction of entry and exit timing
How to Trade
Each Harmonic Pattern provides you the potential entry for the turning point. You might apply few other filters to improve your trading. Some of the basic filters you can apply include RSI, CCI, MACD, Bollinger Bands, and Moving Average. More advanced filter can include Price Breakout Pattern Scanner, Mean Reversion Supply Demand, Elliott Wave Trend, and Harmonic Volatility Indicator. Please note that the trading performance can vary for your trading experience and trading skills.
Indicator Input
Here we list part of input setting. For full input setting, visit this webpage:
https://algotrading-investment.com/2018/10/25/short-guideline-for-harmonic-pattern-plus-and-harmonic-pattern-scenario-planner/
Harmonic Pattern Parameters 1 ( User Option ) ===========================
These parameters below concerns operations of Harmonic patterns. You can change button size, timeframe to detect patterns and alerts using these parameters. You can change timeframe of pattern detection. However, you cannot use smaller timeframe pattern detection for higher timeframe. For example, you cannot set Timeframe to detect patterns = H1 timeframe while you are using D1 chart.
Timeframe to detect Patterns
Max number of patterns to display
Pattern Index from which to display
Enable sound alert
Send email if pattern is found
Send notification if pattern is found
Display Fibo retracement (DC Future Price Projection)
Fibo Retracement Length
Fibo Retracement Color for pattern
Fibo Retracment Wdith for pattern
Use white background for chart
Amount of bars to scan for pattern search (1500 = default)
Detect Pattern at Every Tick: true or false only
Pattern Update Frequency (Period)
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
![](https://c.mql5.com/1/239/harmonic-pattern-detection-indicator-MT4__1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Eagle Pattern – X3 Chart Pattern
This page provides the useful information for Eagle Pattern used in Forex and Stock market. Eagle Pattern is the X3 Chart Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Eagle Pattern in this study has the following Structure.
N: 4, C0: 1.000 to T0: 3
R0: 1.272-1.618, R1: 0.882 – 1.272, R3: 0.700 – 0.886
Trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.
Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
Risk management around the Trading Zone.
Possibility for breakout trading around the trading zone (=use them as support and resistance)
Look for continuation pattern vs reversal pattern
We recommend these books to find out how to increase the success rate when you trade with these chart patterns.
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Here is the PDF document presenting Eagle Pattern In Forex Market.
https://algotrading-investment.com/manual/pricepattern/Eagle%20Pattern%20in%20Forex.pdf
Here is the PDF document presenting Eagle Pattern in Stock Market.
https://algotrading-investment.com/manual/pricepattern/Eagle%20Pattern%20in%20Stock%20Market.pdf
Here is the YouTube Video for Eagle Pattern in Forex Market.
https://youtu.be/5qEBLQVB8IU
Here is the YouTube Video for Eagle Pattern in Stock Market.
https://youtu.be/DLUsJu53QOM
Eagle Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2019/07/23/optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
This page provides the useful information for Eagle Pattern used in Forex and Stock market. Eagle Pattern is the X3 Chart Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Eagle Pattern in this study has the following Structure.
N: 4, C0: 1.000 to T0: 3
R0: 1.272-1.618, R1: 0.882 – 1.272, R3: 0.700 – 0.886
Trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.
Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
Risk management around the Trading Zone.
Possibility for breakout trading around the trading zone (=use them as support and resistance)
Look for continuation pattern vs reversal pattern
We recommend these books to find out how to increase the success rate when you trade with these chart patterns.
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Here is the PDF document presenting Eagle Pattern In Forex Market.
https://algotrading-investment.com/manual/pricepattern/Eagle%20Pattern%20in%20Forex.pdf
Here is the PDF document presenting Eagle Pattern in Stock Market.
https://algotrading-investment.com/manual/pricepattern/Eagle%20Pattern%20in%20Stock%20Market.pdf
Here is the YouTube Video for Eagle Pattern in Forex Market.
https://youtu.be/5qEBLQVB8IU
Here is the YouTube Video for Eagle Pattern in Stock Market.
https://youtu.be/DLUsJu53QOM
Eagle Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2019/07/23/optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
![](https://c.mql5.com/1/239/Eagle-Pattern-Cover.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Using Spread Chart from the Pairs Trading Station in MetaTrader
From Pairs Trading Station in MetaTrader version, you can access the Spread Chart, which is mathematically processed to show the distance between two financial instruments (or between two assets).
You can access the Spread Chart by clicking << button or >> button near the Spread button.
Here is the brief guide on how to interpret the Spread Chart. In this example, we use AUDUSD and XAUUSD as asset 1 and asset 2. The absolute magnitude of these two assets are compared in the normalized sense to compare apple to apple and pear to pear. Two cases exist including the positive spread and negative spread.
In positive spread, AUDUSD (i.e. asset 1) is greater than XAUUSD (i.e. asset 2). Higher the positive spread means that AUDUSD is much greater than XAUUSD in the normalized sense. If the positive spread is small, then the difference between AUDUSD and XAUUSD is also small.
In negative spread, AUDUSD (i.e. asset 2) is smaller than XAUUSD (i.e. asset 2). Higher the negative spread means that AUDUSD is much smaller than XAUUSD in the normalized sense. If the negative spread is small, then the difference between AUDUSD and XAUUSD is also small.
Further you can access more detailed trading operation with below Pairs Trading Manual.
https://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/
In addition, you can watch this YouTube Video titled as How to use Pairs Trading Station
https://youtu.be/fAE9pByxZDA
To help you understand the spread chart, we also attach the screenshot.
Pair Trading Station is very unique trading system based on Statistical Arbritage trading principle. Below is the direct link to Pair Trading Station for MetaTrader 4 and MetaTrader 5 platform:
https://algotrading-investment.com/portfolio-item/pair-trading-station/
https://www.mql5.com/en/market/product/3303
https://www.mql5.com/en/market/product/3304
So far, we have explained the functionality of Pairs Trading Station in MetaTrader version, covering both MetaTrader 4 and MetaTrader 5. In addition, we also provide the Pairs Trading Station in Optimum Chart too with more advanced features.
https://algotrading-investment.com/2019/07/23/optimum-chart/
From Pairs Trading Station in MetaTrader version, you can access the Spread Chart, which is mathematically processed to show the distance between two financial instruments (or between two assets).
You can access the Spread Chart by clicking << button or >> button near the Spread button.
Here is the brief guide on how to interpret the Spread Chart. In this example, we use AUDUSD and XAUUSD as asset 1 and asset 2. The absolute magnitude of these two assets are compared in the normalized sense to compare apple to apple and pear to pear. Two cases exist including the positive spread and negative spread.
In positive spread, AUDUSD (i.e. asset 1) is greater than XAUUSD (i.e. asset 2). Higher the positive spread means that AUDUSD is much greater than XAUUSD in the normalized sense. If the positive spread is small, then the difference between AUDUSD and XAUUSD is also small.
In negative spread, AUDUSD (i.e. asset 2) is smaller than XAUUSD (i.e. asset 2). Higher the negative spread means that AUDUSD is much smaller than XAUUSD in the normalized sense. If the negative spread is small, then the difference between AUDUSD and XAUUSD is also small.
Further you can access more detailed trading operation with below Pairs Trading Manual.
https://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/
In addition, you can watch this YouTube Video titled as How to use Pairs Trading Station
https://youtu.be/fAE9pByxZDA
To help you understand the spread chart, we also attach the screenshot.
Pair Trading Station is very unique trading system based on Statistical Arbritage trading principle. Below is the direct link to Pair Trading Station for MetaTrader 4 and MetaTrader 5 platform:
https://algotrading-investment.com/portfolio-item/pair-trading-station/
https://www.mql5.com/en/market/product/3303
https://www.mql5.com/en/market/product/3304
So far, we have explained the functionality of Pairs Trading Station in MetaTrader version, covering both MetaTrader 4 and MetaTrader 5. In addition, we also provide the Pairs Trading Station in Optimum Chart too with more advanced features.
https://algotrading-investment.com/2019/07/23/optimum-chart/
![](https://c.mql5.com/1/239/Spread-Chart-in-Pairs-Trading-Station-e1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
MetaTrader Elliott Wave Indicator
We provide two powerful Elliott Wave Indicators in both MetaTrader 4/ MetaTrader 5. Hence, you have two choice in selecting Elliott Wave Indicators for your trading.
Elliott Wave Trend
Elliott Wave Trend is extremely powerful indicator. Allow you to perform Elliott wave counting as well as Elliott wave pattern detection. On top of them, it provides built in accurate support and resistance system to improve your trading performance.
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is specialized tools in detecting profitable patterns including Harmonic Pattern and Elliott Wave Patterns. Pattern detection process is fully automatic + you can even create customized Elliott wave patterns if you wish.
https://www.mql5.com/en/market/product/35602
https://www.mql5.com/en/market/product/35603
https://algotrading-investment.com/portfolio-item/optimal-turning-point-pattern-scanner/
We provide two powerful Elliott Wave Indicators in both MetaTrader 4/ MetaTrader 5. Hence, you have two choice in selecting Elliott Wave Indicators for your trading.
Elliott Wave Trend
Elliott Wave Trend is extremely powerful indicator. Allow you to perform Elliott wave counting as well as Elliott wave pattern detection. On top of them, it provides built in accurate support and resistance system to improve your trading performance.
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is specialized tools in detecting profitable patterns including Harmonic Pattern and Elliott Wave Patterns. Pattern detection process is fully automatic + you can even create customized Elliott wave patterns if you wish.
https://www.mql5.com/en/market/product/35602
https://www.mql5.com/en/market/product/35603
https://algotrading-investment.com/portfolio-item/optimal-turning-point-pattern-scanner/
![](https://c.mql5.com/1/239/elliott-wave-12345-pattern-gbpusd-h1-timeframe-e1-2-1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Horse Pattern – X3 Chart Pattern
This page provides the useful information for Horse Pattern used in Forex and Stock market. Horse Pattern is the X3 Chart Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Horse Pattern in this study has the following Structure.
N: 4
R0: 0.618, R1: 1.272-1.618, R2:1.272-1.618, R3: 0.200-0.782
Trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.
Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
Risk management around the Trading Zone.
Possibility for breakout trading around the trading zone (=use them as support and resistance)
Look for continuation pattern vs reversal pattern
We recommend these books to find out how to increase the success rate when you trade with these chart patterns.
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Here is the PDF document presenting Horse Pattern In Forex Market.
https://algotrading-investment.com/manual/pricepattern/Horse%20Pattern%20in%20Forex.pdf
Here is the PDF document presenting Horse Pattern in Stock Market.
https://algotrading-investment.com/manual/pricepattern/Horse%20Pattern%20in%20Stock%20Market.pdf
Here is the YouTube Video for Horse Pattern in Forex Market.
https://youtu.be/Xw4RPY5-ZMc
Here is the YouTube Video for Horse Pattern in Stock Market.
https://youtu.be/4NJRJXZiINU
Horse Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2019/07/23/optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
This page provides the useful information for Horse Pattern used in Forex and Stock market. Horse Pattern is the X3 Chart Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Horse Pattern in this study has the following Structure.
N: 4
R0: 0.618, R1: 1.272-1.618, R2:1.272-1.618, R3: 0.200-0.782
Trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.
Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
Risk management around the Trading Zone.
Possibility for breakout trading around the trading zone (=use them as support and resistance)
Look for continuation pattern vs reversal pattern
We recommend these books to find out how to increase the success rate when you trade with these chart patterns.
Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Here is the PDF document presenting Horse Pattern In Forex Market.
https://algotrading-investment.com/manual/pricepattern/Horse%20Pattern%20in%20Forex.pdf
Here is the PDF document presenting Horse Pattern in Stock Market.
https://algotrading-investment.com/manual/pricepattern/Horse%20Pattern%20in%20Stock%20Market.pdf
Here is the YouTube Video for Horse Pattern in Forex Market.
https://youtu.be/Xw4RPY5-ZMc
Here is the YouTube Video for Horse Pattern in Stock Market.
https://youtu.be/4NJRJXZiINU
Horse Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2019/07/23/optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
![](https://c.mql5.com/1/239/Horse-Pattern-Cover.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Volatility Indicator List for Day Trading
Volatility indicator can help you to detect any statistical advantage for your trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend to use the Volatility indicator together with your strategy. We provide the advanced volatility indicators for MetaTrader 4 and MetaTrader 5 platform.
Fibonacci Volatility Indicator
Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator too.
https://www.mql5.com/en/market/product/52671
https://www.mql5.com/en/market/product/52670
https://algotrading-investment.com/portfolio-item/fibonacci-volatility-indicator/
Harmonic Volatility Indicator
Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/29008
https://www.mql5.com/en/market/product/29004
https://algotrading-investment.com/portfolio-item/harmonic-volatility-indicator/
Double Harmonic Volatility Indicator
This is the cheapest Volatility indicator. This indicator is specialized in the Movable Volatility indicator mostly. Hence, if you only need the Movable Volatility indicator and you want to have more cost effective tool, then use this. However, if you want to have more choice in the Volatility visualization, then use either Harmonic Volatility indicator or Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/23779
https://www.mql5.com/en/market/product/23769
https://algotrading-investment.com/portfolio-item/double-harmonic-volatility-indicator/
GARCH improved Nelder Mead – Free indicator
This is free Volatility indicator that implements the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods with Nelder Mead algorithm. This is bit of experimental indicator to realize the GARCH (1,1) model. Hence, we provide this indicator for free. It would be interesting to see how this Volatility indicator works for your trading.
https://www.mql5.com/en/market/product/6918
https://www.mql5.com/en/market/product/6910
https://algotrading-investment.com/portfolio-item/garch-improved-nelder-mead/
Volatility indicator can help you to detect any statistical advantage for your trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend to use the Volatility indicator together with your strategy. We provide the advanced volatility indicators for MetaTrader 4 and MetaTrader 5 platform.
Fibonacci Volatility Indicator
Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator too.
https://www.mql5.com/en/market/product/52671
https://www.mql5.com/en/market/product/52670
https://algotrading-investment.com/portfolio-item/fibonacci-volatility-indicator/
Harmonic Volatility Indicator
Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/29008
https://www.mql5.com/en/market/product/29004
https://algotrading-investment.com/portfolio-item/harmonic-volatility-indicator/
Double Harmonic Volatility Indicator
This is the cheapest Volatility indicator. This indicator is specialized in the Movable Volatility indicator mostly. Hence, if you only need the Movable Volatility indicator and you want to have more cost effective tool, then use this. However, if you want to have more choice in the Volatility visualization, then use either Harmonic Volatility indicator or Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/23779
https://www.mql5.com/en/market/product/23769
https://algotrading-investment.com/portfolio-item/double-harmonic-volatility-indicator/
GARCH improved Nelder Mead – Free indicator
This is free Volatility indicator that implements the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods with Nelder Mead algorithm. This is bit of experimental indicator to realize the GARCH (1,1) model. Hence, we provide this indicator for free. It would be interesting to see how this Volatility indicator works for your trading.
https://www.mql5.com/en/market/product/6918
https://www.mql5.com/en/market/product/6910
https://algotrading-investment.com/portfolio-item/garch-improved-nelder-mead/
![](https://c.mql5.com/1/239/Volatility-Indicator-for-Day-Trading.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Introduction to Equilibrium Fractal Wave Analytics
EFW Analytics was designed to accomplish the statement “We trade because there are regularities in the financial market”. EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts including:
1. Equilibrium Fractal Wave Index: exploratory tool to support your trading logic to choose which ratio to trade
2. Superimposed Pattern Detection as turning point analysis
3. Superimposed Channel for market prediction with Golden ratio expansion
4. Superimposed Channel for market prediction with whole number expansion
5. Equilibrium Fractal Wave (EFW) Channel detection
6. Superimposed Channel Rating (Higher rating = higher predictive power)
EFW Analytics provide the graphic rich and fully visual trading styles. In default trading strategy, you will be looking at the combined signal from Superimposed pattern + EFW Channel or Superimposed pattern + Superimposed Channel. In addition, you can perform many more trading strategies in a reversal and breakout mode. You can also run two different timeframes in one chart to enforce your trading decision. Sound alert, email and push notification are built inside the indicator.
Below is the link to the EFW Analytics:
https://algotrading-investment.com/portfolio-item/equilibrium-fractal-wave-analytics/
https://www.mql5.com/en/market/product/27703
https://www.mql5.com/en/market/product/27702
EFW Analytics was designed to accomplish the statement “We trade because there are regularities in the financial market”. EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts including:
1. Equilibrium Fractal Wave Index: exploratory tool to support your trading logic to choose which ratio to trade
2. Superimposed Pattern Detection as turning point analysis
3. Superimposed Channel for market prediction with Golden ratio expansion
4. Superimposed Channel for market prediction with whole number expansion
5. Equilibrium Fractal Wave (EFW) Channel detection
6. Superimposed Channel Rating (Higher rating = higher predictive power)
EFW Analytics provide the graphic rich and fully visual trading styles. In default trading strategy, you will be looking at the combined signal from Superimposed pattern + EFW Channel or Superimposed pattern + Superimposed Channel. In addition, you can perform many more trading strategies in a reversal and breakout mode. You can also run two different timeframes in one chart to enforce your trading decision. Sound alert, email and push notification are built inside the indicator.
Below is the link to the EFW Analytics:
https://algotrading-investment.com/portfolio-item/equilibrium-fractal-wave-analytics/
https://www.mql5.com/en/market/product/27703
https://www.mql5.com/en/market/product/27702
![](https://c.mql5.com/1/239/efw-analytics-introduction-v1-2.png)
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