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
MT4 Supply Demand Zone Indicator
MetaTrader 4 is one of the most popular trading platform since 2010. It is accessible for free of charge for any trader from all over the world. We provide a range of powerful supply demand zone indicator particularly designed for MetaTrader 4 platform.
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.
MT4 – 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/16851
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand
MT4 – 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/40076
https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
For your information, both indicators provides many powerful features to complete for your trading. You can also use this indicators together with Harmonic pattern and Elliott wave pattern indicators.
MetaTrader 4 is one of the most popular trading platform since 2010. It is accessible for free of charge for any trader from all over the world. We provide a range of powerful supply demand zone indicator particularly designed for MetaTrader 4 platform.
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.
MT4 – 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/16851
https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand
MT4 – 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/40076
https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
For your information, both indicators provides many powerful features to complete for your trading. You can also use this indicators together with Harmonic pattern and Elliott wave pattern indicators.
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Trading Elliott Wave Pattern
Elliott wave patterns are the common geometric patterns used by Forex and stock market trading. In 1980s and 1990s, this technique was considered as rather complex trading strategy. However, as with the development of personal computer, we have many automated tools to detect Elliott Wave patterns. This means that this sophisticated trading strategy is accessible by average trader with the help of automated tools.
The Wave Principle states that the crowd or social behaviour follows a certain wave patterns repeating themselves. The Wave Principle identifies two wave patterns. They are impulse and corrective wave. Often, the term impulse wave is interchangeably used with the motive wave. Two terms are identical. Both motive and impulse wave progress during the main trend phase whereas the corrective wave progress during the corrective phase against the main trend. In general, the Impulse Wave has a five-wave structure, while the Corrective Wave has a three-wave structure. It is important to understand that these wave structures can override on smaller wave structure to form greater wave cycle. Elliott Wave theory is useful in identifying both trend market and correction market.
Here are the list of several articles giving you some insight about Elliott Wave pattern trading.
1) How Elliott Wave can Improve your Trading Performance
https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/
2) Elliott Wave Trend-Basic Tutorial 1
https://algotrading-investment.com/2019/04/14/elliott-wave-trend-basic-tutorial-1/
3) 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. You can watch this YouTube Video to feel how the Elliott Wave Indicator look like:
https://www.youtube.com/watch?v=Oftml-JKyKM
Here is the landing page for 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/
4) X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is not entirely Elliott wave tool but it has some Elliott Wave pattern features in it (it can detect Harmonic Patterns, Elliott Wave Patterns, X3 Patterns). Primarily, X3 Chart Pattern Scanner is specialized tools in detecting the Chart Patterns including 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. In addition, the pattern detection algorithm inside X3 Chart Pattern Scanner is customizable using RECF notation shown in this link below:
https://algotrading-investment.com/2019/07/09/defining-profitable-patterns/
In addition, you can have a look at the YouTube Video to understand the X3 Chart Pattern Scanner better.
https://www.youtube.com/watch?v=uMlmMquefGQ
Here is the link to Profitable 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/
Elliott wave patterns are the common geometric patterns used by Forex and stock market trading. In 1980s and 1990s, this technique was considered as rather complex trading strategy. However, as with the development of personal computer, we have many automated tools to detect Elliott Wave patterns. This means that this sophisticated trading strategy is accessible by average trader with the help of automated tools.
The Wave Principle states that the crowd or social behaviour follows a certain wave patterns repeating themselves. The Wave Principle identifies two wave patterns. They are impulse and corrective wave. Often, the term impulse wave is interchangeably used with the motive wave. Two terms are identical. Both motive and impulse wave progress during the main trend phase whereas the corrective wave progress during the corrective phase against the main trend. In general, the Impulse Wave has a five-wave structure, while the Corrective Wave has a three-wave structure. It is important to understand that these wave structures can override on smaller wave structure to form greater wave cycle. Elliott Wave theory is useful in identifying both trend market and correction market.
Here are the list of several articles giving you some insight about Elliott Wave pattern trading.
1) How Elliott Wave can Improve your Trading Performance
https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/
2) Elliott Wave Trend-Basic Tutorial 1
https://algotrading-investment.com/2019/04/14/elliott-wave-trend-basic-tutorial-1/
3) 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. You can watch this YouTube Video to feel how the Elliott Wave Indicator look like:
https://www.youtube.com/watch?v=Oftml-JKyKM
Here is the landing page for 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/
4) X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is not entirely Elliott wave tool but it has some Elliott Wave pattern features in it (it can detect Harmonic Patterns, Elliott Wave Patterns, X3 Patterns). Primarily, X3 Chart Pattern Scanner is specialized tools in detecting the Chart Patterns including 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. In addition, the pattern detection algorithm inside X3 Chart Pattern Scanner is customizable using RECF notation shown in this link below:
https://algotrading-investment.com/2019/07/09/defining-profitable-patterns/
In addition, you can have a look at the YouTube Video to understand the X3 Chart Pattern Scanner better.
https://www.youtube.com/watch?v=uMlmMquefGQ
Here is the link to Profitable 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/1/223/elliott-wave-indicator-for-MetaTrader-4.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Peak Trough Analysis
We have released Peak Trough Analysis tool on 2017 nearly at the same time we were writing on the book: Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave). It was because peak trough analysis helps you a lot of price action and pattern trading.
If know the principle, there is not doubt that this peak trough analysis tool is very powerful for your trading. We have also created a YouTube video to explain the download steps for this peak trough analysis indicator. Please watch this YouTube Video tilted as MetaTrader Indicator for Wave Analysis.
https://www.youtube.com/watch?v=GzYChpAKUaU
Here is the download link for the free Peak Trough Analysis Tool for MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/23797
https://www.mql5.com/en/market/product/22420
https://algotrading-investment.com/portfolio-item/peak-trough-analysis-tool/
If you can understand how peak trough analysis works for your trading. You can use peak trough analysis together with either Advanced Price Pattern Scanner or Price Breakout Pattern Scanner to yield better profits. Both tools are great to be used together with above free peak trough analysis tools. Hence, we share the link for both.
Below are the links to Advanced Price Pattern Scanner.
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/
Below are the links to Price breakout Pattern Scanner
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/
You can also use our other product together with Peak Trough Analysis. Here is the entire product list.
https://www.mql5.com/en/users/financeengineer/seller#products
https://algotrading-investment.com/
We have released Peak Trough Analysis tool on 2017 nearly at the same time we were writing on the book: Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave). It was because peak trough analysis helps you a lot of price action and pattern trading.
If know the principle, there is not doubt that this peak trough analysis tool is very powerful for your trading. We have also created a YouTube video to explain the download steps for this peak trough analysis indicator. Please watch this YouTube Video tilted as MetaTrader Indicator for Wave Analysis.
https://www.youtube.com/watch?v=GzYChpAKUaU
Here is the download link for the free Peak Trough Analysis Tool for MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/23797
https://www.mql5.com/en/market/product/22420
https://algotrading-investment.com/portfolio-item/peak-trough-analysis-tool/
If you can understand how peak trough analysis works for your trading. You can use peak trough analysis together with either Advanced Price Pattern Scanner or Price Breakout Pattern Scanner to yield better profits. Both tools are great to be used together with above free peak trough analysis tools. Hence, we share the link for both.
Below are the links to Advanced Price Pattern Scanner.
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/
Below are the links to Price breakout Pattern Scanner
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/
You can also use our other product together with Peak Trough Analysis. Here is the entire product list.
https://www.mql5.com/en/users/financeengineer/seller#products
https://algotrading-investment.com/
![](https://c.mql5.com/1/223/peak-trough-analysis-tool-mt5-screen-9422.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Using Japanese Candlestick Patterns in X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is the powerful pattern trading system with many powerful features. Properly used, this tool can yield excellent trading results. One of the trading system built inside X3 Chart Pattern Scanner is the Japanese candlestick patterns. X3 Chart Pattern Scanner can detect around 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 to enable the candlestick pattern from X3 Chart 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. Note that Japanese candlestick patterns are only one of the pattern category. It can also detect other powerful patterns like Harmonic Patterns, Elliott Wave Patterns and X3 patterns.
You can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
Below we provide the link to X3 Chart Pattern Scanner available in MetaTrader 4 and MetaTrader 5.
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993
X3 Chart Pattern Scanner is the powerful pattern trading system with many powerful features. Properly used, this tool can yield excellent trading results. One of the trading system built inside X3 Chart Pattern Scanner is the Japanese candlestick patterns. X3 Chart Pattern Scanner can detect around 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 to enable the candlestick pattern from X3 Chart 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. Note that Japanese candlestick patterns are only one of the pattern category. It can also detect other powerful patterns like Harmonic Patterns, Elliott Wave Patterns and X3 patterns.
You can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
Below we provide the link to X3 Chart Pattern Scanner available in MetaTrader 4 and MetaTrader 5.
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993
![](https://c.mql5.com/1/223/profitable-pattern-scanner-japanese-candlestick-pattern-metatrader.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Manual For Pair Trading Station
Pair Trading Station is a powerful MetaTrader Indicator. Its decision making algorithm is based on Pairs trading (a.k.a Statistical arbitrage or spread analysis). This manual was written already few years ago for our Pair Trading Station. I think this is still very useful if your trading is based on correlation and spread. This is pdf manual, so please download it into your hard drive and read them. Below is the link to the pdf 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
Here is the landing page for Pairs Trading Station in MetaTrader 4 and MetaTrader5.
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
Pair Trading Station is a powerful MetaTrader Indicator. Its decision making algorithm is based on Pairs trading (a.k.a Statistical arbitrage or spread analysis). This manual was written already few years ago for our Pair Trading Station. I think this is still very useful if your trading is based on correlation and spread. This is pdf manual, so please download it into your hard drive and read them. Below is the link to the pdf 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
Here is the landing page for Pairs Trading Station in MetaTrader 4 and MetaTrader5.
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
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Beat Corona Virus Together Discounts for MetaTrader
Since December 2019, we have observed the loss of lives due to this COVID-19 pandemic. Apart from this, COVID-19 has severely demobilized the global economy. Many of the affected countries have undergone the complete lock down. Life after the COVID 19 is tough for the entire society. We never knew that this will last this long.
During this Covid19 pandemic, we hope everyone is safe and well from this Corona Virus Crisis. We know this affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products.
Discounted price is shown in the screenshot for the following six products.
Ace Supply Demand Zone indicator
Advanced Price Pattern Scanner
Elliott Wave Trend
Price Breakout Pattern Scanner
Harmonic Pattern Scenario Planner
X3 Chart Pattern Scanner (=Profitable Pattern Scanner)
This discounted price is only available when you buy these products from mql5.com
The price will go back to the original price when the discounts ends. Please take the discounted price now while it last only.
https://www.mql5.com/en/users/financeengineer/seller#products
https://www.algotrading-investment.com/
Here are some simple tips for you to stay safe from this Covid19 Crysis.
Don’t touch your face – Avoid touching your eyes, nose and mouth.
Don’t cough or sneeze into your hands – Cover your mouth and nose with your elbow or tissue when coughing or sneezing. Dispose of used tissue immediately.
Keep your distance – Maintain a distance of at least 2 meter from people who are coughing or sneezing.
Wash, wash, wash your hands
Finally, care the loved one.
Since December 2019, we have observed the loss of lives due to this COVID-19 pandemic. Apart from this, COVID-19 has severely demobilized the global economy. Many of the affected countries have undergone the complete lock down. Life after the COVID 19 is tough for the entire society. We never knew that this will last this long.
During this Covid19 pandemic, we hope everyone is safe and well from this Corona Virus Crisis. We know this affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products.
Discounted price is shown in the screenshot for the following six products.
Ace Supply Demand Zone indicator
Advanced Price Pattern Scanner
Elliott Wave Trend
Price Breakout Pattern Scanner
Harmonic Pattern Scenario Planner
X3 Chart Pattern Scanner (=Profitable Pattern Scanner)
This discounted price is only available when you buy these products from mql5.com
The price will go back to the original price when the discounts ends. Please take the discounted price now while it last only.
https://www.mql5.com/en/users/financeengineer/seller#products
https://www.algotrading-investment.com/
Here are some simple tips for you to stay safe from this Covid19 Crysis.
Don’t touch your face – Avoid touching your eyes, nose and mouth.
Don’t cough or sneeze into your hands – Cover your mouth and nose with your elbow or tissue when coughing or sneezing. Dispose of used tissue immediately.
Keep your distance – Maintain a distance of at least 2 meter from people who are coughing or sneezing.
Wash, wash, wash your hands
Finally, care the loved one.
![](https://c.mql5.com/1/223/Beat_Corona_Virus_Together_Discounts_for_Victory.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Mean Reversion Supply Demand – How to Remove Take Profit and Stop Loss Levels
One of the greatest advantage of Mean Reversion Supply Demand is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.
There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.
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/
One of the greatest advantage of Mean Reversion Supply Demand is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.
There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.
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/
![](https://c.mql5.com/1/223/mean20reversion20supply20demande3_z39.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
New Article Release-The Concept behind the Pattern Completion Interval
When you trade with Harmonic Patterns, you need to understand the Pattern Completion Interval. Here is the free article explaining what is pattern completion interval for your harmonic pattern trading.
https://algotrading-investment.com/2020/06/01/the-concept-behind-the-pattern-completion-interval/
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/
You can watch the YouTube Video to feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below.
YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
Harmonic Pattern Plus (and also Harmonic Pattern Scenario Planner) is the repainting but non lagging Harmonic Pattern Scanner. Below is links for them.
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/
X3 Chart Pattern Scanner is non repainting and non lagging Harmonic Pattern and X3 pattern Scanner. Below is links for them.
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/
When you trade with Harmonic Patterns, you need to understand the Pattern Completion Interval. Here is the free article explaining what is pattern completion interval for your harmonic pattern trading.
https://algotrading-investment.com/2020/06/01/the-concept-behind-the-pattern-completion-interval/
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/
You can watch the YouTube Video to feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below.
YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
Harmonic Pattern Plus (and also Harmonic Pattern Scenario Planner) is the repainting but non lagging Harmonic Pattern Scanner. Below is links for them.
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/
X3 Chart Pattern Scanner is non repainting and non lagging Harmonic Pattern and X3 pattern Scanner. Below is links for them.
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/1/223/Figure-2-1_-Structure-of-Gartley-Pattern-for-Bullish-and-Bearish-Pattern..png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
New Article Released – Predicting Volatility with Turning Point Probability
We have released one of the important article for your practical trading in Forex and Stock market. Please make sure to read this article to enhance your trading performance. This article explains how to predict volatility with Turning Point Probability (i.e. statistical regularity).
More articles will be followed shortly. Then enjoy this free articles for your trading education.
https://algotrading-investment.com/2020/04/07/predicting-volatility-with-turning-point-probability/
https://algotrading-investment.com/2019/07/23/trading-education/
The turning point probability is a powerful tool that you can use it as both reversal trading or breakout trading within your technical analysis. 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.
YouTube Video Link: https://youtu.be/UbORmOacKIQ
In addition, Fractal Pattern Scanner is available in MetaTrader 4 and MetaTrader 5 platform. It can measure the turning point probability (as well as trend probability) for any price action in your chart. Below is the landing page for Fractal Pattern Indicator.
https://www.mql5.com/en/market/product/44539
https://www.mql5.com/en/market/product/44538
https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/
Below is the landing page for Optimum Chart
https://algotrading-investment.com/2019/07/23/optimum-chart/
We have released one of the important article for your practical trading in Forex and Stock market. Please make sure to read this article to enhance your trading performance. This article explains how to predict volatility with Turning Point Probability (i.e. statistical regularity).
More articles will be followed shortly. Then enjoy this free articles for your trading education.
https://algotrading-investment.com/2020/04/07/predicting-volatility-with-turning-point-probability/
https://algotrading-investment.com/2019/07/23/trading-education/
The turning point probability is a powerful tool that you can use it as both reversal trading or breakout trading within your technical analysis. 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.
YouTube Video Link: https://youtu.be/UbORmOacKIQ
In addition, Fractal Pattern Scanner is available in MetaTrader 4 and MetaTrader 5 platform. It can measure the turning point probability (as well as trend probability) for any price action in your chart. Below is the landing page for Fractal Pattern Indicator.
https://www.mql5.com/en/market/product/44539
https://www.mql5.com/en/market/product/44538
https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/
Below is the landing page for Optimum Chart
https://algotrading-investment.com/2019/07/23/optimum-chart/
![](https://c.mql5.com/1/223/Figure-4.3-1_-Measuring-mean-amplitude-and-wavelength-for-the-case-of-trough.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Fractal Pattern Scanner – Trading Operation
In this short article, we will explain the trading operation with turning point probability for Fractal Pattern Scanner in MetaTrader and in Optimum Chart. Fractal Pattern Scanner is the powerful tool to predict the Forex and Stock market. It is the highly predictive tool that quantifies the price action at every wave in your chart. Fractal Pattern Scanner provides three main features. The three features include:
1. Turning Point Probability Measurement (Essential feature that you can use everyday)
2. Breakout and Reversal Trading Signal Detection with Mother Wave detection
3. Automatic Gann Angles (Bonus feature and optional use only)
The turning point probability measurement is the essential to your daily trading. The turning point probability basically quantifies the price action in your chart. Quantifying the price action will provide you the another level of trading experience. Capability to access the turning point probability in one button click is really handy feature for every day trader on the earth. In addition, Fractal Pattern Scanner provides the probability scanning capability across all timeframe. You can also switch on and off the multiple timeframe pattern detection. When you set Detect Mother Wave = false, you can run the Fractal Pattern Scanner as the pure probability machine.
The turning point probability is a powerful tool that you can use it as both reversal trading or breakout trading within your technical analysis. 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.
YouTube Video Link: https://youtu.be/UbORmOacKIQ
Mother wave pattern detection can be considered as the statistical representation of the Elliott Wave Theory. For example, Mother wave pattern detect the pattern inside pattern structure, where small patterns are jagged inside big pattern, like the Elliott Wave pattern. We can use this pattern inside pattern to trade both reversal and breakout trading. Fractal Pattern Scanner does the excellent job in detecting these signals automatically. When you set Detect Mother Wave = true, then Fractal Pattern Scanner will detect trading signal using Mother wave pattern detection. Even in that, you can also perform both breakout and reversal trading automatically.
If you want to use Breakout Trading Mode, then set Detect Breakout Opportunity = true.
If you want to use Reversal Trading Mode, then set Detect Breakout Opportunity = false.
You can also watch the YouTube Video titled as “Breakout Trading Signal Explained” to understand the breakout trading with mother wave detection.
YouTube video link: https://youtu.be/4XGuMIMaV6w
====================================================================================
Mother Wave Pattern Explained further
The idea behind the Breakout trading with Mother wave is to detect mother wave relatively young and fresh. Those young and fresh mother wave will be typically found in the low turning point probability area. Then what does “First Child Price Probability” input do ? It is the criteria for how small first child wave could be when the mother wave pattern is detected. If this is even hard to understand, then you can think it is the size of mother wave.
If you set the First Child Price Probability = 30%, then Fractal Pattern Scanner will detect first child wave with its size less than 30% amplitude. Likewise, if you set the First Child Price Probability = 50%, then Fractal Pattern Scanner will detect first child wave with its size less than 50%. For your information, the detected mother wave patterns does not provide any sort of geometric regularity detection in the case of breakout trading. We have taught you several geometric regularity detection like support, resistance and triangle and wedge patterns. You will need similar sort of operation here.
In the reversal trading mode with Mother Wave, the size of first child wave is no longer required to be controlled. However, we can control the size of Mother wave. The idea behind the reversal trading mode is to detect mature mother wave pattern that are likely to make reversal movement. Hence, it is better to find these mother wave patterns in high probability area in the probability graph.
For this reason, we have set the mother wave price probability = 80%. You can set even higher number if you wish. When you are using reversal trading mode, we provide automatic Fibonacci expansion to help you to decide the final turning point. This is sort of geometric regularity you can use. But you can use any other geometric regularity we have taught you in our articles and books too like Harmonic Pattern or Elliott Wave patterns, etc if you are good with them.
Here is some important tips. From our experience, some Forex symbols are better with breakout trading mode. Some Forex symbols are better with reversal trading mode. To find out the best trading approach, just set Bars to Scan = 6000 or higher. Just find how each trading mode is profitable in the chart.
You can also use strategy tester for this purpose too. When you are using the strategy tester, then set Calculating with Trailing Data = true. This will tell the Fractal Pattern Scanner to calculate the probability with trailing data (i.e. technical analysis approach) rather than the statistical approach. When you are using technical analysis approach, the probability will be calculated like other technical indicators like Moving average indicator or RSI indicator using trailing data. In statistical approach, the entire data will be used to calculate probability.
Statistical approach and technical analysis approach does not matter for the latest pattern to trade. It is only matter for historical patterns for your information. I personally prefer to calculate the probability using Statistical approach because it provides the identical probability across all price series.
I guess it is too much mathematical talk. I will cut it out. If you do not want to think, then just remember these two cases.
A. If you want to see the historical patterns in your chart, then set “Calculating with Trailing Data” = false.
B. When you are using the strategy tester, then set “Calculating with Trailing Data” = true.
Landing Page to Fractal Pattern Scanner
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/
Landing Page to Optimum Chart
https://algotrading-investment.com/2019/07/23/optimum-chart/
In this short article, we will explain the trading operation with turning point probability for Fractal Pattern Scanner in MetaTrader and in Optimum Chart. Fractal Pattern Scanner is the powerful tool to predict the Forex and Stock market. It is the highly predictive tool that quantifies the price action at every wave in your chart. Fractal Pattern Scanner provides three main features. The three features include:
1. Turning Point Probability Measurement (Essential feature that you can use everyday)
2. Breakout and Reversal Trading Signal Detection with Mother Wave detection
3. Automatic Gann Angles (Bonus feature and optional use only)
The turning point probability measurement is the essential to your daily trading. The turning point probability basically quantifies the price action in your chart. Quantifying the price action will provide you the another level of trading experience. Capability to access the turning point probability in one button click is really handy feature for every day trader on the earth. In addition, Fractal Pattern Scanner provides the probability scanning capability across all timeframe. You can also switch on and off the multiple timeframe pattern detection. When you set Detect Mother Wave = false, you can run the Fractal Pattern Scanner as the pure probability machine.
The turning point probability is a powerful tool that you can use it as both reversal trading or breakout trading within your technical analysis. 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.
YouTube Video Link: https://youtu.be/UbORmOacKIQ
Mother wave pattern detection can be considered as the statistical representation of the Elliott Wave Theory. For example, Mother wave pattern detect the pattern inside pattern structure, where small patterns are jagged inside big pattern, like the Elliott Wave pattern. We can use this pattern inside pattern to trade both reversal and breakout trading. Fractal Pattern Scanner does the excellent job in detecting these signals automatically. When you set Detect Mother Wave = true, then Fractal Pattern Scanner will detect trading signal using Mother wave pattern detection. Even in that, you can also perform both breakout and reversal trading automatically.
If you want to use Breakout Trading Mode, then set Detect Breakout Opportunity = true.
If you want to use Reversal Trading Mode, then set Detect Breakout Opportunity = false.
You can also watch the YouTube Video titled as “Breakout Trading Signal Explained” to understand the breakout trading with mother wave detection.
YouTube video link: https://youtu.be/4XGuMIMaV6w
====================================================================================
Mother Wave Pattern Explained further
The idea behind the Breakout trading with Mother wave is to detect mother wave relatively young and fresh. Those young and fresh mother wave will be typically found in the low turning point probability area. Then what does “First Child Price Probability” input do ? It is the criteria for how small first child wave could be when the mother wave pattern is detected. If this is even hard to understand, then you can think it is the size of mother wave.
If you set the First Child Price Probability = 30%, then Fractal Pattern Scanner will detect first child wave with its size less than 30% amplitude. Likewise, if you set the First Child Price Probability = 50%, then Fractal Pattern Scanner will detect first child wave with its size less than 50%. For your information, the detected mother wave patterns does not provide any sort of geometric regularity detection in the case of breakout trading. We have taught you several geometric regularity detection like support, resistance and triangle and wedge patterns. You will need similar sort of operation here.
In the reversal trading mode with Mother Wave, the size of first child wave is no longer required to be controlled. However, we can control the size of Mother wave. The idea behind the reversal trading mode is to detect mature mother wave pattern that are likely to make reversal movement. Hence, it is better to find these mother wave patterns in high probability area in the probability graph.
For this reason, we have set the mother wave price probability = 80%. You can set even higher number if you wish. When you are using reversal trading mode, we provide automatic Fibonacci expansion to help you to decide the final turning point. This is sort of geometric regularity you can use. But you can use any other geometric regularity we have taught you in our articles and books too like Harmonic Pattern or Elliott Wave patterns, etc if you are good with them.
Here is some important tips. From our experience, some Forex symbols are better with breakout trading mode. Some Forex symbols are better with reversal trading mode. To find out the best trading approach, just set Bars to Scan = 6000 or higher. Just find how each trading mode is profitable in the chart.
You can also use strategy tester for this purpose too. When you are using the strategy tester, then set Calculating with Trailing Data = true. This will tell the Fractal Pattern Scanner to calculate the probability with trailing data (i.e. technical analysis approach) rather than the statistical approach. When you are using technical analysis approach, the probability will be calculated like other technical indicators like Moving average indicator or RSI indicator using trailing data. In statistical approach, the entire data will be used to calculate probability.
Statistical approach and technical analysis approach does not matter for the latest pattern to trade. It is only matter for historical patterns for your information. I personally prefer to calculate the probability using Statistical approach because it provides the identical probability across all price series.
I guess it is too much mathematical talk. I will cut it out. If you do not want to think, then just remember these two cases.
A. If you want to see the historical patterns in your chart, then set “Calculating with Trailing Data” = false.
B. When you are using the strategy tester, then set “Calculating with Trailing Data” = true.
Landing Page to Fractal Pattern Scanner
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/
Landing Page to Optimum Chart
https://algotrading-investment.com/2019/07/23/optimum-chart/
![](https://c.mql5.com/1/223/Fractal_Pattern_Scanner_Trading_Operation.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Enable Automatic Channel in Harmonic Pattern Indicator
We provided powerful automatic channel features in the Harmonic Pattern Indicator. To enable the automatic Channel Function, just set Use Channel = true under Channel Parameter inputs.
Together with Harmonic Pattern and Elliott Wave patterns, the provided automatic channel can be the great help for your trading. Enjoy this powerful features. This feature applies to Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner.
Important Note to read
For your information, the provided channel are dynamic. As new bars are arrived in your chart, it will update the size of Standard deviation and 95% intervals in real time. Please bear this in your mind when you are using the provided channel. Another important note is that we provide Double Standard Deviation Channel for X3 Chart Pattern Scanner. This is the channel indicator specially tuned to work for Harmonic Pattern and X3 Pattern. It is more advanced Channel than the one shown in the screenshot below. In addition, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below.
YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
===============
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/
Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
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/
We provided powerful automatic channel features in the Harmonic Pattern Indicator. To enable the automatic Channel Function, just set Use Channel = true under Channel Parameter inputs.
Together with Harmonic Pattern and Elliott Wave patterns, the provided automatic channel can be the great help for your trading. Enjoy this powerful features. This feature applies to Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner.
Important Note to read
For your information, the provided channel are dynamic. As new bars are arrived in your chart, it will update the size of Standard deviation and 95% intervals in real time. Please bear this in your mind when you are using the provided channel. Another important note is that we provide Double Standard Deviation Channel for X3 Chart Pattern Scanner. This is the channel indicator specially tuned to work for Harmonic Pattern and X3 Pattern. It is more advanced Channel than the one shown in the screenshot below. In addition, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below.
YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
===============
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/
Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
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/1/223/Enable-Automatic-Channel-in-Harmonic-Pattern-Indicator.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Projecting Significant Channels into Future with EFW Analytics
EFW Analytics is a powerful tool for your trading. EFW analytics contains multiple of features. One of them is project significant channels into future (available from version 10.6). The concept behind this is similar to viewing neighboring Channel feature. The difference is that this feature project the channels into future instead of showing them the past footage. Of course, this is fully automatic feature in just one button click. To project the channels into upper price range, just click “Upper” button. To project the channels into lower price range, just click “Lower” button. Once button is clicked, EFW analytics will show 1 to several important lines for your trading. If you want to fine tune the lines, then you can check their rating information. To do so, just move your mouse over each line. Then you can read rating of each channel in your chart. If you believe that some lines are absolutely important, then make sure that you lock them in your chart for nurture reference. To lock the lines, just click over the lines. That is all. Your trading will be ready in 1 minutes. No rocket science at all. It is just one button click.
Below is the link to the EFW Analytics (Equilibrium Fractal Wave 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 is a powerful tool for your trading. EFW analytics contains multiple of features. One of them is project significant channels into future (available from version 10.6). The concept behind this is similar to viewing neighboring Channel feature. The difference is that this feature project the channels into future instead of showing them the past footage. Of course, this is fully automatic feature in just one button click. To project the channels into upper price range, just click “Upper” button. To project the channels into lower price range, just click “Lower” button. Once button is clicked, EFW analytics will show 1 to several important lines for your trading. If you want to fine tune the lines, then you can check their rating information. To do so, just move your mouse over each line. Then you can read rating of each channel in your chart. If you believe that some lines are absolutely important, then make sure that you lock them in your chart for nurture reference. To lock the lines, just click over the lines. That is all. Your trading will be ready in 1 minutes. No rocket science at all. It is just one button click.
Below is the link to the EFW Analytics (Equilibrium Fractal Wave 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/1/223/Equilibrium-Fractal-Wave-Analytics-S015-1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Tutorial Using Excessive Momentum and Fibonacci Ratio Analysis
With Excessive Momentum Indicator, you can access to the automatic Fibonacci Ratio Analysis. Combining these two powerful trading system are the excellent ways to trade in Forex market. In this article, we will show you how to combine both with step by step guide.
When there is an unexpectedly long bearish and bullish price movement, the indicator will detect these excessive momentum area for your trading. This excessive momentum zone are often the true accumulation and distribution area in the Volume Spread Analysis. What does this mean for your trading ?This means that entry around this excessive momentum area can provide you the great advantage that favors your Reward and Risk for your trading whether they are breakout trading or reversal trading. The indicator provides such a great opportunity automatically.
In addition, Fibonacci retracement level can provide further idea about when the price can move according to our expectation. To call the Fibonacci retracement level automatically, simply click on the circle at the Excessive Momentum Zone. Then it will place the Fibonacci retracement level automatically in your chart. The thing is that the placed Fibonacci Retracement level might be too short in its width. Sometime, you want to project the Fibonacci Retracement level far right to see the price action around the retracement level. It is doable too.
To do so, double click on the Fibonacci retracement object in your chart. Then you will see the three anchor points in the retracement object. Drag the right anchor point to the right. You can drag them as far as you want to cover the chart area at your interest. Please check the screenshot attached to complete this tutorial.
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 1: https://youtu.be/oztARcXsAVA
YouTube Video 2: https://youtu.be/A4JcTcakOKw
===========================================================================
Here is link to Excessive Momentum Indicator.
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
With Excessive Momentum indicator, you can use our Free Volume Spread Pattern Detector. Volume Spread Pattern Detector is a great free tool to complete your Volume Spread Analysis to detect Accumulation and Distribution. Or even you can use them to detect important support and resistance for your trading too. Here is the link to the free Volume Spread Pattern Detector.
https://www.mql5.com/en/market/product/28438
https://www.mql5.com/en/market/product/28439
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/
In addition, Volume Spread Pattern Indicator is the more advanced version of Volume Spread Pattern Detector. If you want to improve your trading performance even more, then we recommend using Volume Spread Pattern Indicator. This is not free indicator but it is affordable. Here is the link to the Advanced Volume Spread Analysis indicator.
https://www.mql5.com/en/market/product/32961
https://www.mql5.com/en/market/product/32960
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-indicator/
With Excessive Momentum Indicator, you can access to the automatic Fibonacci Ratio Analysis. Combining these two powerful trading system are the excellent ways to trade in Forex market. In this article, we will show you how to combine both with step by step guide.
When there is an unexpectedly long bearish and bullish price movement, the indicator will detect these excessive momentum area for your trading. This excessive momentum zone are often the true accumulation and distribution area in the Volume Spread Analysis. What does this mean for your trading ?This means that entry around this excessive momentum area can provide you the great advantage that favors your Reward and Risk for your trading whether they are breakout trading or reversal trading. The indicator provides such a great opportunity automatically.
In addition, Fibonacci retracement level can provide further idea about when the price can move according to our expectation. To call the Fibonacci retracement level automatically, simply click on the circle at the Excessive Momentum Zone. Then it will place the Fibonacci retracement level automatically in your chart. The thing is that the placed Fibonacci Retracement level might be too short in its width. Sometime, you want to project the Fibonacci Retracement level far right to see the price action around the retracement level. It is doable too.
To do so, double click on the Fibonacci retracement object in your chart. Then you will see the three anchor points in the retracement object. Drag the right anchor point to the right. You can drag them as far as you want to cover the chart area at your interest. Please check the screenshot attached to complete this tutorial.
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 1: https://youtu.be/oztARcXsAVA
YouTube Video 2: https://youtu.be/A4JcTcakOKw
===========================================================================
Here is link to Excessive Momentum Indicator.
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
With Excessive Momentum indicator, you can use our Free Volume Spread Pattern Detector. Volume Spread Pattern Detector is a great free tool to complete your Volume Spread Analysis to detect Accumulation and Distribution. Or even you can use them to detect important support and resistance for your trading too. Here is the link to the free Volume Spread Pattern Detector.
https://www.mql5.com/en/market/product/28438
https://www.mql5.com/en/market/product/28439
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/
In addition, Volume Spread Pattern Indicator is the more advanced version of Volume Spread Pattern Detector. If you want to improve your trading performance even more, then we recommend using Volume Spread Pattern Indicator. This is not free indicator but it is affordable. Here is the link to the Advanced Volume Spread Analysis indicator.
https://www.mql5.com/en/market/product/32961
https://www.mql5.com/en/market/product/32960
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-indicator/
![](https://c.mql5.com/1/223/Excessive-Momentum-and-Fibonacci-Ratio-Analysis.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Take Profit and Stop Loss in X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is also using the risk management concept with Pattern Completion Interval for your trading. Must remember that trading without having good reward/Risk ratio is useless. They can blow your account pretty quickly. Please make sure that you understand the role of Pattern Completion Interval and how it can help for your trading.
In X3 Chart Pattern Scanner, your stop loss and take profit is controlled for individual patterns. This is the main difference from Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Since X3 Chart Pattern Scanner have different categories of patterns like Elliott Wave patterns, Harmonic patterns and X3 patterns, you can apply different money management scheme if you wish.
To change your stop loss and take profit, scroll down in your input. Stop Loss = 1 means that it is size of 1 x Pattern Completion Interval Box. Take Profit = 2.5 means that it is size of 2.5 x Pattern Completion Interval.
X3 Chart Pattern Scanner provide all the historical patterns, helping you to tune your strategy. Hence, please test your strategy and change your stop loss and take profit according to your observation from your chart. We have already shown you how to test your strategy with X3 Chart Pattern Scanner in another article here.
https://algotrading-investment.com/2019/09/18/showing-historical-patterns-in-profitable-pattern-scanner/
In addition, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
Also check the screenshot for better understanding of this basic risk management concept.
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993
X3 Chart Pattern Scanner is also using the risk management concept with Pattern Completion Interval for your trading. Must remember that trading without having good reward/Risk ratio is useless. They can blow your account pretty quickly. Please make sure that you understand the role of Pattern Completion Interval and how it can help for your trading.
In X3 Chart Pattern Scanner, your stop loss and take profit is controlled for individual patterns. This is the main difference from Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Since X3 Chart Pattern Scanner have different categories of patterns like Elliott Wave patterns, Harmonic patterns and X3 patterns, you can apply different money management scheme if you wish.
To change your stop loss and take profit, scroll down in your input. Stop Loss = 1 means that it is size of 1 x Pattern Completion Interval Box. Take Profit = 2.5 means that it is size of 2.5 x Pattern Completion Interval.
X3 Chart Pattern Scanner provide all the historical patterns, helping you to tune your strategy. Hence, please test your strategy and change your stop loss and take profit according to your observation from your chart. We have already shown you how to test your strategy with X3 Chart Pattern Scanner in another article here.
https://algotrading-investment.com/2019/09/18/showing-historical-patterns-in-profitable-pattern-scanner/
In addition, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ
Also check the screenshot for better understanding of this basic risk management concept.
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
https://www.mql5.com/en/market/product/41992
https://www.mql5.com/en/market/product/41993
![](https://c.mql5.com/1/223/profitable-pattern-scanner-stoploss-take-profit.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Volume Spread Analysis Indicator List
We provide three different Volume Spread Analysis indicators and volume based tools. Our volume spread analysis tools are the hybrid of volume spread analysis and signal processing theory.
These tools will help you to complete your trading decision with high precision. As long as you understand the concept of the Accumulation and Distribution area in the volume spread analysis, these tools will help you to predict the presence of Accumulation and Distribution area. Hence, you can predict the best trading opportunity.
Firstly, Volume Spread Pattern Indicator is the powerful volume spread analysis indicator that operated across multiple timeframe. Volume Spread Pattern Indicator will not only provide the bearish and bullish volume spread pattern in the current time frame but also it will detect the same patterns across all timeframe. You just need to open one chart and you will be notified bullish and bearish patterns in all timeframe in real time.
Here is the link to Volume Spread Pattern Indicator.
https://www.mql5.com/en/market/product/32961
https://www.mql5.com/en/market/product/32960
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-indicator/
Secondly, Volume Spread Pattern Detector is the light version of Volume Spread Pattern Indicator above. This is free tool with some limited features. However, Volume Spread Pattern Detector is used by thousands of traders. Especially, it works great with the support and resistance to confirm the turning point. This is free tool. Just grab one.
https://www.mql5.com/en/market/product/28438
https://www.mql5.com/en/market/product/28439
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/
Both Volume Spread Pattern Indicator and Volume Spread Pattern Detector works well with Excessive Momentum indicator as Excessive Momentum indicator helps to detect the potential Accumulation and Distribution area automatically. Hence, if you are using Excessive Momentum Indicator, then you can use one between Volume Spread Pattern Indicator or Volume Spread Pattern Detector. In addition, we provide the YouTube video to accomplish the basic operations of Excessive Momentum Indicator.
YouTube Video (Excessive Momentum Indicator): https://youtu.be/oztARcXsAVA
YouTube Video (Excessive Momentum Indicator Explained): https://youtu.be/A4JcTcakOKw
Here is link to Excessive Momentum Indicator for MetaTrader 4 and MetaTrader 5.
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
Thirdly, we provide the volume Zone Oscillator. This is another useful free tool that utilizes the volume information for your trading. You can use these tools for volume spread analysis, Harmonic Pattern, Elliott Wave Pattern, X3 Price Pattern further. This is free tool. Just grab one.
https://algotrading-investment.com/portfolio-item/volume-zone-oscillator/
We provide three different Volume Spread Analysis indicators and volume based tools. Our volume spread analysis tools are the hybrid of volume spread analysis and signal processing theory.
These tools will help you to complete your trading decision with high precision. As long as you understand the concept of the Accumulation and Distribution area in the volume spread analysis, these tools will help you to predict the presence of Accumulation and Distribution area. Hence, you can predict the best trading opportunity.
Firstly, Volume Spread Pattern Indicator is the powerful volume spread analysis indicator that operated across multiple timeframe. Volume Spread Pattern Indicator will not only provide the bearish and bullish volume spread pattern in the current time frame but also it will detect the same patterns across all timeframe. You just need to open one chart and you will be notified bullish and bearish patterns in all timeframe in real time.
Here is the link to Volume Spread Pattern Indicator.
https://www.mql5.com/en/market/product/32961
https://www.mql5.com/en/market/product/32960
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-indicator/
Secondly, Volume Spread Pattern Detector is the light version of Volume Spread Pattern Indicator above. This is free tool with some limited features. However, Volume Spread Pattern Detector is used by thousands of traders. Especially, it works great with the support and resistance to confirm the turning point. This is free tool. Just grab one.
https://www.mql5.com/en/market/product/28438
https://www.mql5.com/en/market/product/28439
https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/
Both Volume Spread Pattern Indicator and Volume Spread Pattern Detector works well with Excessive Momentum indicator as Excessive Momentum indicator helps to detect the potential Accumulation and Distribution area automatically. Hence, if you are using Excessive Momentum Indicator, then you can use one between Volume Spread Pattern Indicator or Volume Spread Pattern Detector. In addition, we provide the YouTube video to accomplish the basic operations of Excessive Momentum Indicator.
YouTube Video (Excessive Momentum Indicator): https://youtu.be/oztARcXsAVA
YouTube Video (Excessive Momentum Indicator Explained): https://youtu.be/A4JcTcakOKw
Here is link to Excessive Momentum Indicator for MetaTrader 4 and MetaTrader 5.
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
Thirdly, we provide the volume Zone Oscillator. This is another useful free tool that utilizes the volume information for your trading. You can use these tools for volume spread analysis, Harmonic Pattern, Elliott Wave Pattern, X3 Price Pattern further. This is free tool. Just grab one.
https://algotrading-investment.com/portfolio-item/volume-zone-oscillator/
![](https://c.mql5.com/1/223/Volume_Spread_Analysis_Indicators.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Fractal To Advanced Technical Analysis
We will explain the Fractal in Forex and Stock Market to provide you the direction and guidance for the advanced technical analysis. Let us begin with some simple definition of Fractal first of all. When the same or similar geometric shape is repeating infinitely in different scales, we call it “Fractal”. The self-similarity is the typical property of fractal. Fractal can be observed everywhere in the universe. In the space, tree, human anatomy, mountain, and, coast, we can observe fractal. For example, in the Romanesco Broccoli, the smaller piece, if they are broken off from the bigger piece, do look like the big piece. Like this, in Fractal, the same or similar patterns are occupying the entire structure of an object.
Another example of fractal in nature is a coastline. The coastline shows the similar details on different scales. The waves provide a steady force to shape the coastline over time. When the coastline is straighter, the waves will keep pounding until they become more fractal. This mechanism cut the straighter line of coastline more wobbly in the zigzag pattern. Then, the straighter line inside the zigzag line will be cut into the smaller zigzag pattern. As a result, the coastline will look similar whether you zoom in or zoom out in the map.
If you still found it difficult to understand fractal, then let us introduce more straightforward example. For example, Sierpinski triangle is good example of self-similarity and fractal. Sierpinski triangle is made up from identical shape, the triangle. In Sierpinski triangle, the triangle is continuously expanding to build the bigger triangle. As we magnify any part of Sierpinski triangle, we see the identical triangles. Hence, Sierpinski triangle is one of the good example to explain fractal.
Beside Sierpinski triangle, snowflake, heartbeat rate, structure of brain and, internal organs are another examples of fractal too. Fractals can be classified into few different types depending on the degree of the self-similarity. For example, when the repeating geometry is strictly identical like snowflake and Sierpinski triangle, we call them as the strict self-similarity. When the repeating geometry is similar but not identical like coastline and heartbeat rate, we call them as the loose self-similarity. This loose self-similarity is often referred to as the statistical self-similarity because we can observe the repetition in the degree of complexity within statistical range not the exact pattern.
Price data in the financial market represent fractal with the loose self-similarity. In “The Misbehavior of Markets: A Fractal View of Financial Turbulence”, Benoit Mandelbrot and Richard L. Hudson applied the fractal theory to understand the financial market. They explained that the financial market can impose a greater risk than it can be explained by the modern mathematical assumption. In addition, they believed that the financial market possess a memory. As a result, the similar events in the financial market can repeat in certain rhythm.
With the assumption that price continuously rises and falls, then the price can behave like fractal. Either we connect a peak, trough, and peak or we connect a trough, peak, and trough, it would form a triangle. Like other fractal object, the small triangles will form the bigger triangle. Eventually, the entire historical price would be described as one or two big triangles. The price data in the financial market possess the property of the loose self-similarity than the strict self-similarity. More precisely, since the price is recorded over time, we can call it as “Fractal Wave”.
Finally, to accomplish your complete understanding of Fractal to Advanced Technical Analysis, you can watch the YouTube Video titled “Fractal To Advanced Technical Analysis in Less than 6 minutes”.
YouTube link: https://youtu.be/RiTsWthvxfA
Blog Link: https://algotrading-investment.com/2021/09/28/fractal-to-advanced-technical-analysis/
Here is the landing page for the Free Peak Trough Analysis Indicator for MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/23797
https://www.mql5.com/en/market/product/22420
https://algotrading-investment.com/portfolio-item/peak-trough-analysis-tool/
We will explain the Fractal in Forex and Stock Market to provide you the direction and guidance for the advanced technical analysis. Let us begin with some simple definition of Fractal first of all. When the same or similar geometric shape is repeating infinitely in different scales, we call it “Fractal”. The self-similarity is the typical property of fractal. Fractal can be observed everywhere in the universe. In the space, tree, human anatomy, mountain, and, coast, we can observe fractal. For example, in the Romanesco Broccoli, the smaller piece, if they are broken off from the bigger piece, do look like the big piece. Like this, in Fractal, the same or similar patterns are occupying the entire structure of an object.
Another example of fractal in nature is a coastline. The coastline shows the similar details on different scales. The waves provide a steady force to shape the coastline over time. When the coastline is straighter, the waves will keep pounding until they become more fractal. This mechanism cut the straighter line of coastline more wobbly in the zigzag pattern. Then, the straighter line inside the zigzag line will be cut into the smaller zigzag pattern. As a result, the coastline will look similar whether you zoom in or zoom out in the map.
If you still found it difficult to understand fractal, then let us introduce more straightforward example. For example, Sierpinski triangle is good example of self-similarity and fractal. Sierpinski triangle is made up from identical shape, the triangle. In Sierpinski triangle, the triangle is continuously expanding to build the bigger triangle. As we magnify any part of Sierpinski triangle, we see the identical triangles. Hence, Sierpinski triangle is one of the good example to explain fractal.
Beside Sierpinski triangle, snowflake, heartbeat rate, structure of brain and, internal organs are another examples of fractal too. Fractals can be classified into few different types depending on the degree of the self-similarity. For example, when the repeating geometry is strictly identical like snowflake and Sierpinski triangle, we call them as the strict self-similarity. When the repeating geometry is similar but not identical like coastline and heartbeat rate, we call them as the loose self-similarity. This loose self-similarity is often referred to as the statistical self-similarity because we can observe the repetition in the degree of complexity within statistical range not the exact pattern.
Price data in the financial market represent fractal with the loose self-similarity. In “The Misbehavior of Markets: A Fractal View of Financial Turbulence”, Benoit Mandelbrot and Richard L. Hudson applied the fractal theory to understand the financial market. They explained that the financial market can impose a greater risk than it can be explained by the modern mathematical assumption. In addition, they believed that the financial market possess a memory. As a result, the similar events in the financial market can repeat in certain rhythm.
With the assumption that price continuously rises and falls, then the price can behave like fractal. Either we connect a peak, trough, and peak or we connect a trough, peak, and trough, it would form a triangle. Like other fractal object, the small triangles will form the bigger triangle. Eventually, the entire historical price would be described as one or two big triangles. The price data in the financial market possess the property of the loose self-similarity than the strict self-similarity. More precisely, since the price is recorded over time, we can call it as “Fractal Wave”.
Finally, to accomplish your complete understanding of Fractal to Advanced Technical Analysis, you can watch the YouTube Video titled “Fractal To Advanced Technical Analysis in Less than 6 minutes”.
YouTube link: https://youtu.be/RiTsWthvxfA
Blog Link: https://algotrading-investment.com/2021/09/28/fractal-to-advanced-technical-analysis/
Here is the landing page for the Free Peak Trough Analysis Indicator for MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/23797
https://www.mql5.com/en/market/product/22420
https://algotrading-investment.com/portfolio-item/peak-trough-analysis-tool/
![](https://c.mql5.com/1/223/Fractal-in-Forex-and-Stock-Market.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Advanced Harmonic Pattern Detection Indicator for MetaTrader 5
Harmonic Pattern Scenario Planner is the most advanced Harmonic Pattern Detection tool existing in the market. At the same time, this is probably the most sophisticated harmonic pattern detection indicator for MetaTrader 5 platform, the latest Forex trading platform developed by MetaQuote.
Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability, non of other indicators has such a powerful search capability in the world.
Monte Carlo Simulation bring your trading strategy beyond the typical reversal trading. It will reveal the probable market scenarios automatically in just one button click. Then you choose the best scenario increasing your odd of winning.
Here is the product link to Harmonic Pattern Scenario Planner for MetaTrader 5. You can find more about the features of this advanced Harmonic Pattern Scenario Planner from this page below.
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
Harmonic Pattern Scenario Planner is the most advanced Harmonic Pattern Detection tool existing in the market. At the same time, this is probably the most sophisticated harmonic pattern detection indicator for MetaTrader 5 platform, the latest Forex trading platform developed by MetaQuote.
Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability, non of other indicators has such a powerful search capability in the world.
Monte Carlo Simulation bring your trading strategy beyond the typical reversal trading. It will reveal the probable market scenarios automatically in just one button click. Then you choose the best scenario increasing your odd of winning.
Here is the product link to Harmonic Pattern Scenario Planner for MetaTrader 5. You can find more about the features of this advanced Harmonic Pattern Scenario Planner from this page below.
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
![](https://c.mql5.com/1/223/harmonic-pattern-detection-indicator-MT4.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Supply Demand Zone Indicator on MetaTrader 5
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.
Mean Reversion Supply Demand MT5
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 MT5 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
Ace Supply Demand Zone Indicator MT5
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 MT5 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
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
For your information, both indicators provides many powerful features to complete for your trading. You can also use this indicators together with Harmonic pattern and Elliott wave pattern indicators.
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.
Mean Reversion Supply Demand MT5
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 MT5 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
Ace Supply Demand Zone Indicator MT5
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 MT5 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
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo
For your information, both indicators provides many powerful features to complete for your trading. You can also use this indicators together with Harmonic pattern and Elliott wave pattern indicators.
![](https://c.mql5.com/1/223/Ace-Supply-Demand-Zone-Indicator-Released-for-MetaTrader.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Young Ho Seo
Japanese CandleStick Pattern Control in Price Breakout Pattern Scanner
Japanese candle stick patterns are built in feature inside Price Breakout Pattern Scanner. This is kind of bonus feature for customers who are buying our Price Breakout Pattern Scanner.
In Japanese candlestick inputs, you can switch on and off Candlestick pattern according to their type. For example, there are Japanese candlestick pattern made up from one candle bar, two candle bar, three candle bar, etc. You can switch on and off each according to your preference.
As a default setting, Pattern Name will be printed in chart. At the same time, you can bring your mouse over to each Japanese candlestick pattern to float pattern name in tool tip box (MT5 is more responsive than MT4 for this tool tip box) Alternatively, you can also change the angle of pattern name from horizontal to vertical or vice versa depending on your readability. In addition, we provide the YouTube Video for Price Breakout Pattern Scanner. With the video, you can see some basic operation of the price breakout pattern scanner. This video is applicable to both MetaTrader 4 and MetaTrader 5 platforms.
YouTube Video “How To Use Price Breakout Pattern Scanner”: https://www.youtube.com/watch?v=aKeSmi_Di2s
Download the latest version for the maximum performance and more profits.
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/
Japanese candle stick patterns are built in feature inside Price Breakout Pattern Scanner. This is kind of bonus feature for customers who are buying our Price Breakout Pattern Scanner.
In Japanese candlestick inputs, you can switch on and off Candlestick pattern according to their type. For example, there are Japanese candlestick pattern made up from one candle bar, two candle bar, three candle bar, etc. You can switch on and off each according to your preference.
As a default setting, Pattern Name will be printed in chart. At the same time, you can bring your mouse over to each Japanese candlestick pattern to float pattern name in tool tip box (MT5 is more responsive than MT4 for this tool tip box) Alternatively, you can also change the angle of pattern name from horizontal to vertical or vice versa depending on your readability. In addition, we provide the YouTube Video for Price Breakout Pattern Scanner. With the video, you can see some basic operation of the price breakout pattern scanner. This video is applicable to both MetaTrader 4 and MetaTrader 5 platforms.
YouTube Video “How To Use Price Breakout Pattern Scanner”: https://www.youtube.com/watch?v=aKeSmi_Di2s
Download the latest version for the maximum performance and more profits.
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/1/223/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
Using Japanese Candlestick Patterns with Harmonic Pattern Plus
Harmonic Pattern Plus is the powerful harmonic pattern trading system with highly engineered functionality. Properly used, this tool can yield excellent trading results. One of the trading system built inside Harmonic Pattern Plus is the Japanese candlestick patterns. Japanese Candlestick Pattern provides visual insight for buying and selling momentum present in the market. Japanese candlestick pattern can provide both entry and exit signal for traders. Hence, many traders use them as the secondary confirmation techniques.
In the trading community, Japanese candlestick patterns were the favorite trading tool of many traders. Hence, Harmonic Pattern Plus provides you the opportunity to combine the Japanese candlestick pattern with Harmonic Pattern Trading setup. Harmonic Pattern Plus can detect 52 different Japanese candlestick patterns. These Japanese candlestick patterns include “Hammer”, “Doji Star”, “Harami”, “Inverted Hammer”, “Break away” and so on. They are categorized under five categories including one, two, three, four and five candlestick patterns in Harmonic Pattern Plus.
To use Japanese candlestick patterns, you have to enable the candlestick pattern from Harmonic Pattern Plus. See the attached screenshot firstly. You can enable this function from the inputs tab in your MetaTrader after the Harmonic Pattern Plus is attached to any of your chart. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two or three candlestick patterns if you wish. From our observation, the Japanese candlestick patterns made up from two or three bars are more accurate than the Japanese candlestick pattern made up from one bar. Since you can check the historical pattern, you should be able to test your strategy with these Japanese candlestick patterns if you wish. In addition, you can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected.
Although the Harmonic Pattern Plus is the repainting indicator, it is still at the affordable price with tons of features for your Forex trading. At the same time, it is non lagging indicator too. If you do not mind the repainting, then you can choose the Harmonic Pattern Plus. You will find the many additional features inside Harmonic Pattern Plus beside the Harmonic Pattern and Japanese Candlestick Pattern detection. For example, pattern completion interval can be used for the trading risk management and automatic channel can be used to find better reversal and trend following opportunity and many more. We hope this short article was helpful for you to understand how to unlock the Japanese Candlestick patterns from Harmonic Pattern Plus. We wish you the best trading experience in Forex market.
Below is the landing page for Harmonic Pattern Plus with Japanese Candlestick Pattern Features.
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
You can also watch our YouTube Video titled “Japanese Candlestick Patterns Versus Harmonic Pattern” to understand more about the joint use of Japanese Candlestick Pattern and Harmonic Pattern.
YouTube: https://youtu.be/VICCXRhkXEg
Or You can watch this Video directly from our website.
Harmonic Pattern Plus is the powerful harmonic pattern trading system with highly engineered functionality. Properly used, this tool can yield excellent trading results. One of the trading system built inside Harmonic Pattern Plus is the Japanese candlestick patterns. Japanese Candlestick Pattern provides visual insight for buying and selling momentum present in the market. Japanese candlestick pattern can provide both entry and exit signal for traders. Hence, many traders use them as the secondary confirmation techniques.
In the trading community, Japanese candlestick patterns were the favorite trading tool of many traders. Hence, Harmonic Pattern Plus provides you the opportunity to combine the Japanese candlestick pattern with Harmonic Pattern Trading setup. Harmonic Pattern Plus can detect 52 different Japanese candlestick patterns. These Japanese candlestick patterns include “Hammer”, “Doji Star”, “Harami”, “Inverted Hammer”, “Break away” and so on. They are categorized under five categories including one, two, three, four and five candlestick patterns in Harmonic Pattern Plus.
To use Japanese candlestick patterns, you have to enable the candlestick pattern from Harmonic Pattern Plus. See the attached screenshot firstly. You can enable this function from the inputs tab in your MetaTrader after the Harmonic Pattern Plus is attached to any of your chart. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two or three candlestick patterns if you wish. From our observation, the Japanese candlestick patterns made up from two or three bars are more accurate than the Japanese candlestick pattern made up from one bar. Since you can check the historical pattern, you should be able to test your strategy with these Japanese candlestick patterns if you wish. In addition, you can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected.
Although the Harmonic Pattern Plus is the repainting indicator, it is still at the affordable price with tons of features for your Forex trading. At the same time, it is non lagging indicator too. If you do not mind the repainting, then you can choose the Harmonic Pattern Plus. You will find the many additional features inside Harmonic Pattern Plus beside the Harmonic Pattern and Japanese Candlestick Pattern detection. For example, pattern completion interval can be used for the trading risk management and automatic channel can be used to find better reversal and trend following opportunity and many more. We hope this short article was helpful for you to understand how to unlock the Japanese Candlestick patterns from Harmonic Pattern Plus. We wish you the best trading experience in Forex market.
Below is the landing page for Harmonic Pattern Plus with Japanese Candlestick Pattern Features.
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
You can also watch our YouTube Video titled “Japanese Candlestick Patterns Versus Harmonic Pattern” to understand more about the joint use of Japanese Candlestick Pattern and Harmonic Pattern.
YouTube: https://youtu.be/VICCXRhkXEg
Or You can watch this Video directly from our website.
![](https://c.mql5.com/1/223/harmonic-pattern-plus-japanese-candlestick-patterns.png)
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