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Pattern 5W Scanner v4

4.5

Introduction

The Elliott Wave in technical analysis describes price movements in the financial market that are related to changes in trader sentiment and psychology.

The 5 W Pattern (Known as 3 Drives) is an Elliott Wave pattern that is formed by 5 consecutive symmetrical moves up or down. In its bullish form, the market is making 5 drives to a bottom before an uptrend forms. In a bearish 5-drive, it is peaking before the bears take over. 

5W Pattern Scanner Indicator

It is usually difficult for a trader to recognize 5W or Three drives patterns on a chart, as well as searching for dozens of charts and time frames will take time, and there is also a possibility of a trader's mistake in calculations. This indicator can automatically search all charts and time frames to find possible patterns in in one chart.

Searching, Fibonacci calculations and pattern recognition are completely the responsibility of the indicator; All you have to do is "press the scan button".


How To Trade?

All parameters necessary to enter the trade are calculated, such as entry point, stop-loss, and take-profit.
By observing the signal and deciding to trade, we enter the trade with the "set and forget" method.



Comentários 2
SuperTrader2019
1634
SuperTrader2019 2023.12.18 07:10 
 

Great indicator

trinh tien
49
trinh tien 2023.12.26 02:36 
 

Hi, Greate Indicator, more useful. I have installed on my desktop. But for my laptop , It has been installed, but couldn't run. Does the indicator only allow installing on one device ?

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BullseyeSignal – NoRepaint é um sinal que, como o nome sugere, nunca repinta em nenhuma circunstância. O sinal é emitido na mesma vela observada na imagem. É ideal para mercados altamente voláteis, como forex, criptomoedas, ações, índices e futuros. Você verá apenas uma seta verde para compra e uma seta vermelha para venda, mas há muitos indicadores trabalhando juntos por trás deles para fornecer uma experiência de negociação mais simplificada. Ele é especificamente projetado para fornecer entra
Entry Points Pro
Yury Orlov
4.7 (226)
Este é um indicador para MT4 que fornece sinais precisos para entrar em uma negociação sem redesenhar. Ele pode ser aplicado a qualquer ativo financeiro: forex, criptomoedas, metais, ações, índices. Ele fornecerá estimativas bastante precisas e informará quando é melhor abrir e fechar um negócio. Assista o vídeo (6:22) com um exemplo de processamento de apenas um sinal que compensou o indicador! A maioria dos traders melhora seus resultados de negociação durante a primeira semana de negociação c
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-   Real price is 200$   - 50% Discount (It is now 99$) - Pass your challenge in 1 hour Welcome to the next generation of trading,   HFT Prop Firm Bot only opens   one trade at a time   with   Highly profit,   Fixed Stop loss and Very low Draw-down. Live Monitoring (Passed in 1 day): myfxbook.com/portfolio/hft-prop-firm/11004800 No Martingale, No Grid, No Scam What is HFT Prop Firm? High-frequency trading (HFT) systems are based on sophisticated algorithms that can execute trades with lightenin
Contact me for instruction, any questions! Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The second thing that the breakout and re
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-   Real price is 70$   - 50% Discount ( It is 35$ now ) Contact me for instruction, any questions! Introduction A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move. The pattern usually forms at the midpoint of a full swing and shows the start of moving. Bullish flags can form after an uptrend, bearish flags can form after a downtrend. Flag Pattern Scanner Indicator It is usually difficult for a trade
It is FREE on EURUSD chart. All Symbols version! Contact me for any questions Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The   break and retest   strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The
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Contact me for instruction, any questions! Introduction V Bottoms and Tops are popular   chart patterns   among traders due to their potential for identifying trend reversals. These patterns are characterized by sharp and sudden price movements, creating a V-shaped or inverted V-shaped formation on the   chart . By recognizing these patterns, traders can anticipate potential shifts in market direction and position themselves accordingly.  V pattern is a powerful bullish/bearish reversal pattern
-   Real price is 70$   - 50% Discount ( It is 35$ now ) Contact me for instruction, any questions! Introduction A flag can be used as an entry pattern for the continuation of an established trend. The formation usually occurs after a strong trending move. The pattern usually forms at the midpoint of a full swing and shows the start of moving. Bullish flags can form after an uptrend, bearish flags can form after a downtrend. Flag Pattern Scanner Indicator It is usually difficult for a trade
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trinh tien
49
trinh tien 2023.12.26 02:36 
 

Hi, Greate Indicator, more useful. I have installed on my desktop. But for my laptop , It has been installed, but couldn't run. Does the indicator only allow installing on one device ?

Elif Kaya
7116
Resposta do desenvolvedor Elif Kaya 2023.12.30 06:04
Hi, thank you for your positive feedback. My products are installed on 20 computers separately. I sent you guide file in your inbox.
SuperTrader2019
1634
SuperTrader2019 2023.12.18 07:10 
 

Great indicator

Elif Kaya
7116
Resposta do desenvolvedor Elif Kaya 2023.12.18 13:58
I'm glad to hear you've had a positive experience with Flag Pattern experience. If you have any further questions or need assistance, I am here to help you. Have great trading!
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