Young Ho Seo / Профиль
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10+ лет
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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/
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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)
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 harmonic pattern indicator particularly designed for MetaTrader 4 platform. Below is the list of Harmonic Pattern Detection Indicator:
1. Harmonic Pattern Plus MT4
One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/4488
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2. Harmonic Pattern Scenario planner MT4
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
3. Profitable Pattern Scanner MT4
This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. The bonus is that you can also detect around 52 Japanese candlestick patterns.
https://www.mql5.com/en/market/product/41993
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
At the same time, below article can help you further explaining type of Harmonic Pattern Detection Indicators.
https://algotrading-investment.com/2019/08/25/harmonic-pattern-detection-indicator/
![](https://c.mql5.com/1/159/harmonic-pattern-detection-indicator.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Elliott Wave Trend is the most advanced Elliott Wave Trading software, which helps you to trade with various Elliott Wave patterns like Wave .12345 pattern and Wave .ABC and Wave .ABCDE, etc. Elliott Wave Trend was built on the concept of Precision Trading with Elliott Wave Structure Score. Our Elliott Wave Trend is professional tool for professional trader. Yet, the price of it is affordable.
With Elliott Wave Trend, you can also share your analysis with your Friend and clients through Elliott Wave Reader.
Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version.
https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/
Link to Elliott Wave Trend.
http://algotrading-investment.com/portfolio-item/elliott-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479
![](https://c.mql5.com/1/159/Elliott_Wave_Trend_GuideLine.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
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 tool for your trading.
Here is the download link for the free Peak Trough Analysis Tool for MetaTrader 4 and MetaTrader 5. They are absolutely free.
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 profit. 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 an entire product list.
https://www.mql5.com/en/users/financeengineer/seller#products
https://algotrading-investment.com/
![](https://c.mql5.com/1/159/peak-trough-analysis-tool-mt5-screen-9422.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
We provide a range of advanced MT5 harmonic scanners. Below is the list of MT5 Harmonic Scanner. Their price and their features are different. Hence, we do recommend you to choose the right product depending on your budge and desired features. We provide the direct page link for further reading.
1. MT5 Harmonic Pattern Plus
One of the first automated MT5 Harmonic scanner. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2. MT5 Harmonic Pattern Scenario planner
It is an advanced MT5 Harmonic scanner. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical MT5 harmonic scanner designed for Professional harmonic pattern trader. Because of affordable price, this harmonic scanner is loved by many traders.
https://www.mql5.com/en/market/product/6101
http://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
3. MT5 Profitable Pattern Scanner
This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. The bonus is that you can also detect around 52 Japanese candlestick patterns.
https://www.mql5.com/en/market/product/41993
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Do not forget to download free Volume Spread Zone analysis to use together with MT5 harmonic scanner.
https://algotrading-investment.com/2019/09/06/harmonic-pattern-with-volume-zone-oscillator/
![](https://c.mql5.com/1/159/MT5_Harmonic_Scanner.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
It was rather quite for EURUSD last few days. Today, it seems that overall market leans towards bullish sentiment bit more. EURUSD was not able to penetrate the potential continuation zone of AB=CD pattern yet. However, it is possible for EURUSD to come back for retest the level at 1.1050.
If you are profesional trader, then check this great technical indicator list below.
https://algotrading-investment.com/2019/08/13/great-technical-indicator-list/
To overview all the product list, you can also visit the following two links:
https://www.mql5.com/en/users/financeengineer/seller#products
https://algotrading-investment.com/our-products-list/
![](https://c.mql5.com/1/158/EURUSD_Market_Outlook_-_Harmonic_Pattern_Plus_-_Ace_Supply_Demand_Zone_-_12_September_2019.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
We are the specialized company developing Pattern Scanner. We do have range of advanced pattern scanner for your trading.
If you just want to have a pure guide on how to trade with profitable patterns, then you can just read our book: Profitable Patterns in Forex and Stock Market
Amazon: https://www.amazon.com/dp/B07VQKLSNW/
https://algotrading-investment.com/portfolio-item/profitable-patterns-in-forex-and-stock-market/
If you are trader and you need the advanced pattern scanner for your trading. Here is the list of tools for MetaTrader 4.
● Advanced Price Pattern Scanner:: It is the automatic price pattern scanner. It is designed to scan the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better? This is non-repainting and non-lagging indicator. Here is link for more information
https://www.mql5.com/en/market/product/24679
https://algotrading-investment.com/portfolio-item/advanced-price-pattern-scanner/
● Harmonic Pattern Plus:: One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc.
https://www.mql5.com/en/market/product/4488
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
● Profitable Pattern Scanner:: This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. The bonus is that you can also detect around 52 Japanese candlestick patterns.
https://www.mql5.com/en/market/product/41993
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
![](https://c.mql5.com/1/158/MT4_Pattern_Scanner__1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Elliott Wave Trend provide you a lot of features for your trading. Of course many automatic analysis too. Elliott Wave Trend consists of the following features:
Turning point strength
Turning Point strength Indicator for multiple time frame scanning
Automatic Wave Analysis with Template and Pattern Approach
Manual Wave Analysis with Template and Pattern Approach
Wave Analysis saving and sharing System
This tutorial is not necessarily covering everything. But this tutorial will try to give some intuition over the automatic Wave Analysis. Automatic Wave Analysis is based on the template and pattern approach described in the book: Financial Trading with Five Regularities of Nature (Scientific Guide to Price Action and Pattern Trading).
Steps to perform the automatic wave analysis.
For Automatic Wave Analysis, you can only perform with Impulse and Corrective Waves.
Click either Impulse or Correct button
Click any wave template in the sub window (i.e. small blue and red circles).
Click Draw Line button.
Use either position rule or Wave Score to accept and to reject your analysis.
Your trading will be based on the levels and turning point projected from your analysis.
When you want to set any trading alert after you analysis, use our free Auto Chart Alert.
http://algotrading-investment.com/portfolio-item/auto-chart-alert/
Here are the links for Elliott Wave Trend.
http://algotrading-investment.com/portfolio-item/elliott-wave-trend/
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
If you need more complete tutorial on this, visit this link:
https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/
![](https://c.mql5.com/1/158/Advanced_Elliott_Wave_Software__1.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Somehow, I come across ST Pattern Strategy on the internet. I do not know thoroughly about the strategy yet. I only had a quick glance but its described entry and exit seems similar to excessive momentum strategy added in Excessive momentum indicator.
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/
Why I am so interested in this? Let me explain. The biggest happiness for the creator of strategy is when the strategy is used in practice in well balanced manner and serve the trader to achieve their realistic financial goal.
Especially, excessive momentum strategy was created from the pure math and philosophical point of view. You can check this price pattern and strategy table here released in 2017. Maybe you won’t find out how I created the strategy in just one quick look because this price pattern and strategy table contains really dense piece of information. But you will catch slowly as you read the book.
https://algotrading-investment.com/2019/09/11/scientific-guide-to-price-action-and-pattern-trading-price-pattern-and-strategy-table/
When I first created the Excessive momentum strategy, volume spread analysis was the closest practical application (i.e. as well as explanation for excessive momentum) I could find out. Of course, they are not identical. What I am talking about is that the main trading philosophy are similar.
I was really happy that the pure projection of math and philosophy live in real world trading. But I was still looking for another practical way of applying Excessive momentum or similar sort.
Then I come across this ST Pattern strategy and I found the trading framework of entry and exit are pretty close to excessive momentum strategy too. I am sure that they would be some gray area when you get into details. But at least from its look, they are pretty close.
What would be a chance to meet your college friends in the same restaurant situated in the most dense area of Manhattan after you have graduated many years ago ? When I saw ST Pattern strategy, I feel like this exactly.
For your trading, I think the best of the best is where the theory and practice meets. If the person understand the theory as well as practice, this will yield you the best of the best outcome. Most of time, doing like this will take time and practice. Also you have to read a lot too as well as trading a lot. You should not judge the trading strategy in just five minutes and then jump to other strategy like grasshopper.
When you test new strategy, take moment to think. Any trading strategy will stem from these five regularities we know. Slowly find out which regularity the trading strategy is designed to capture. Then you will find out more about the trading strategy thoroughly.
https://algotrading-investment.com/2019/09/11/scientific-guide-to-price-action-and-pattern-trading-price-pattern-and-strategy-table/
![](https://c.mql5.com/1/158/Excessive_Momentum_Stratgegy-ST_Pattern_-Volume_Spread_Analysis.jpg)
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
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 Japanese candlestick patterns. Harmonic Pattern Plus can detect 52 different Japanese candlestick patterns. They are categorized under five categories including one, two, three, four and five candlestick patterns.
To use Japanese candlestick patterns, you have to enable the candlestick pattern from Harmonic Pattern Plus. 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.
For your information, 52 Japanese candlestick features are available on Harmonic Pattern Scenario Planner. However, there are other powerful features area available on Harmonic Pattern Scenario Planner for the advanced harmonic trader like predicting future patterns.
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
![](https://c.mql5.com/1/158/harmonic-pattern-plus-japanese-candlestick-patterns.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Harmonic Pattern Scenario Planner is a tool you can scan and search future harmonic patterns in just one button click. It would detect any potential future harmonic patterns in your search range. You can even get the potential take profit and stop loss of the future patterns even before they form. What is even more, you can use all the features and functionality of harmonic pattern plus from your harmonic pattern scenario planner too.
Have watched this interesting movie called “Next” ? Check out the guy can see the few minutes into the futures. How powerful the 2 minutes vision for future is. Predicting future is very tactical game but it is hard because future keep changing based on the presents. However, it is definitely an interesting game. As a trader, you can gain a lot of advantage over other traders by predicting futures.
http://www.imdb.com/title/tt0435705/
This movie like predicting concept was equipped in our Harmonic Pattern Scenario Planner. check the power of predictive harmonic pattern. We are only one selling this future predictive harmonic pattern scanner in the universe.
http://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
![](https://c.mql5.com/1/158/harmonic_pattern_scenario_planner.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Here we will explain how to use Smart Renko in brief. Since renko chart is already popular tools among trader, we will leave out too much details here. You can always google the keyword Renko chart to know more about how to trade with renko chart.
Smart Renko is a hybrid between renko chart and candlestick chart. Smart Renko keeps the spread view of the renko bricks on the candle stick chart and then it also keeps the normal renko chart on the bottom.
The advantage of Smart Renko is that you can use the analysis of renko chart together with the analysis of candlestick chart at the same time.
Just like normal renko chart, Smart Renko chart need to decide the good number for brick height. From my experience, you can the brick height near the 1 standard deviation. However, you must use the brick height in the round number because standard deviation might come in decimal numbers. So be sure to round up those decimal numbers into good integer numbers.
Another consideration is that your brick height should be in the factor of 100 or 1000 pips for your trading. That is like 5, 10, 20, 25, 50, 100, etc. From my experience, these factored number can serve better for your brick height. If you do not choose sensible brick height, then you might not able to see anything on your charts. So be sure to choose the sensible brick height.
Finally do not forget that in Smart Renko, your analysis in Renko chart can be transferred to Main chart by double clicking over the Trend lines.
If you want to dig deeper, please google on renko chart. You will see a lot of good and bad articles about renko charts and how to trade with them.
https://www.mql5.com/en/market/product/9911
https://www.mql5.com/en/market/product/9944
https://algotrading-investment.com/portfolio-item/smart-renko/
![](https://c.mql5.com/1/158/smart-renko-mt4-screen-4924_115.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Optimal Turning Point 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 Optimal Turning Point 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 Optimal Turning Point Pattern Scanner have different categories of patterns like Elliott Wave patterns and other Turning Point patterns.
To actually 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.
Optimal Turning Point Pattern Scanner provide all the historical patterns, reflecting real world trading. 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 Optimal Turning Point Pattern Scanner in another article here.
https://algotradinginvestment.wordpress.com/2019/04/02/showing-historical-patterns-in-optimal-turning-point-pattern-scanner/
Also check the screenshot for better understanding of this basic risk management concept.
https://algotrading-investment.com/portfolio-item/optimal-turning-point-pattern-scanner/
https://www.mql5.com/en/market/product/35602
https://www.mql5.com/en/market/product/35603
![](https://c.mql5.com/1/158/Optimal-Turning-Point-Pattern-Scanner-StopLoss-Take-Profit.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Elliott Wave Trend is the most advanced Elliott Wave Trading software, which helps you to trade with various Elliott Wave patterns like Wave .12345 pattern and Wave .ABC and Wave .ABCDE, etc. Elliott Wave Trend was built on the concept of Precision Trading with Elliott Wave Structure Score. Our Elliott Wave Trend is professional tool for professional trader. Yet, the price of it is affordable.
With Elliott Wave Trend, you can also share your analysis with your Friend and clients through Elliott Wave Reader.
Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version.
https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/
Link to Elliott Wave Trend.
http://algotrading-investment.com/portfolio-item/elliott-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479
![](https://c.mql5.com/1/158/Advanced_Elliott_Wave_Software.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Market is overall bullish. What a green we have here. In regards to our last post, EURUSD was undergoing the formation of AB=CD pattern. Now EURUSD is in the phase where it is retesting the Potential continuation zone. I would say to watch out the price action here.
For a mean time, do not forget to check our this great technical indicator list here.
https://algotrading-investment.com/2019/08/13/great-technical-indicator-list/
To overview all the product list, you can also visit the following two links:
https://www.mql5.com/en/users/financeengineer/seller#products
https://algotrading-investment.com/our-products-list/
![](https://c.mql5.com/1/158/EURUSD_Market_Outlook_-_Harmonic_Pattern_Plus_-_Ace_Supply_Demand_Zone_-_9_September_2019.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
We provide a range of advanced MT5 harmonic scanners. Below is the list of MT5 Harmonic Scanner. Their price and their features are different. Hence, we do recommend you to choose the right product depending on your budge and desired features. We provide the direct page link for further reading.
1. MT5 Harmonic Pattern Plus
One of the first automated MT5 Harmonic scanner. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2. MT5 Harmonic Pattern Scenario planner
It is an advanced MT5 Harmonic scanner. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical MT5 harmonic scanner designed for Professional harmonic pattern trader. Because of affordable price, this harmonic scanner is loved by many traders.
https://www.mql5.com/en/market/product/6101
http://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
3. MT5 Optimal Turning Point Pattern Scanner
This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging MT5 Harmonic Scanner. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. This is the most advanced Harmonic and Elliott wave pattern scanners in the market. You must try.
https://www.mql5.com/en/market/product/35602
https://algotrading-investment.com/portfolio-item/optimal-turning-point-pattern-scanner/
Do not forget to download free Volume Spread Zone analysis to use together with MT5 harmonic scanner.
https://algotrading-investment.com/2019/09/06/harmonic-pattern-with-volume-zone-oscillator/
![](https://c.mql5.com/1/158/MT5_Harmonic_Scanenr.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Excessive Momentum Indicator provides you the ability to trade with excessive momentum. Let us start this simple introduction. Firstly, understand that excessive momentum could possibly point out some anomaly movement or anomaly momentum in the market. To help your understanding, you can consider the insufficient momentum (i.e. exceptionally low volatility market or sideways market) as the opposite concept against excessive momentum. Excessive momentum indicator provides the direct way of measuring the excessive momentum in your chart.
The indicator will inform you the C and D complete levels (fixed levels for your trading.). At simplest, you can take this level C and Level D as the potential breakout as in support or resistance. Please this check this screenshot. This is not a rocket science. The simple method every trader can use to profit from the market. Since this is the simple introduction, we will just leave the explain as simple as possible. In more advanced introduction, you will understand the four phase of Excessive Momentum + how to use them for your trading.
https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621
![](https://c.mql5.com/1/158/excessive-momentum-trading-simple-intro-1_f1l.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
We are the specialized company developing Pattern Scanner. We do have range of advanced pattern scanner for your trading.
If you just want to have a pure guide on how to trade with profitable patterns, then you can just read our book: Profitable Patterns in Forex and Stock Market
Amazon: https://www.amazon.com/dp/B07VQKLSNW/
https://algotrading-investment.com/portfolio-item/profitable-patterns-in-forex-and-stock-market/
If you are trader and you need the advanced pattern scanner for your trading. Here is the list of tools for MetaTrader 4.
● Advanced Price Pattern Scanner:: It is the automatic price pattern scanner. It is designed to scan the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better? This is non-repainting and non-lagging indicator. Here is link for more information
https://www.mql5.com/en/market/product/24679
https://algotrading-investment.com/portfolio-item/advanced-price-pattern-scanner/
● Harmonic Pattern Plus:: One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc.
https://www.mql5.com/en/market/product/4488
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
● Optimal Turning Point Pattern Scanner:: This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. This is the most advanced Harmonic and Elliott wave pattern detector in the market. You must try.
https://www.mql5.com/en/market/product/35603
https://algotrading-investment.com/portfolio-item/optimal-turning-point-pattern-scanner/
There are many mores. If you just visit one of these two links.
https://www.mql5.com/en/users/financeengineer/seller#products
https://algotrading-investment.com/our-products-list/
![](https://c.mql5.com/1/158/MT4_Pattern_Scanner.png)
![Young Ho Seo](https://c.mql5.com/avatar/2014/1/52E29441-6BDD.jpg)
Elliott wave theory is nearly 100 years old trading strategy. However, it is still actively used by many professional traders from all over the world. We provide MT5 version of Elliott Wave indicator for your professional trading.
1. MT5 Elliott Wave Trend
Elliott Wave Trend is the professional Elliott wave indicator which was released around 2016. This one 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. There are many other powerful features and it is best to visit product page to find out more about this great MT4 Elliott Wave indicator.
Here is the links to MT4 Elliott Wave Trend:
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
2. MT5 Optimal Turning Point Pattern Scanner
Optimal Turning Point Pattern Scanner is not entirely elliott wave tool but it contains some Elliott Wave pattern features in it. Primarily, Optimal Turning Point Pattern Scanner is specialized tools in detecting profitable 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.
Here is the link to Optimal Turning Point Pattern Scanner
https://www.mql5.com/en/market/product/35602
https://algotrading-investment.com/portfolio-item/optimal-turning-point-pattern-scanner/
3. MT5 Peak Trough Analysis tool (Free for every one)
Understanding how peak trough analysis works for your trading is the most basic but essential skill for price action and pattern trading. Good price action and pattern trader should never miss the good hands on training around peak trough analysis. This also applies to your Elliott Wave trading too.
Here is the download link for MT5 peak Trough analysis
www.mql5.com/en/market/product/22420
www.algotrading-investment.com/portfolio-item/peak-trough-analysis-tool
![](https://c.mql5.com/1/158/MT5_Elliott_Wave_Software.png)