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Pattern 5W Scan MT5

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.


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The AT Forex Indicator MT5 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This powerful indicator simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses advanced algorithms to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliable signal
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
If you want to find good trading opportunities, then you must trade near the Trend Line. This allows you to have a tighter         stop loss   on your trades — which improves your       risk to reward . But that’s not all… Because if you combine Trend Line with Support and Resistance, that’s where you find the best trading opportunities. Now you might wonder: “So when do I enter a trade?” Well, you can use reversal     candlestick patterns   (like the   Hammer, Bullish Engulfing, etc.) as your e
Order Block Hunter MT5
Noha Mohamed Fathy Younes Badr
5 (1)
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
Altın ATR MTF - bu iyi bir hisse senedi teknik göstergesidir. ATR (Ortalama Gerçek Aralık) göstergesinin algoritması, varlık fiyatının hareketini analiz eder ve belirtilen zaman diliminin (D1) açılış fiyatının belirli yüzdeleri (%) cinsinden karşılık gelen seviyeleri çizerek oynaklığı yansıtır. Sembol fiyat hareketi yönünün göstergeleri (kırmızı ve/veya mavi D1 H4) ve ok sinyalleri, rahat ve karlı gün içi ticaret ve/veya ölçeklendirme için ek ve temel yardımcılardır. Günlük kazanç Forex semboll
Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (8)
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Black Dragon indicator mt5
Ramil Minniakhmetov
4.83 (58)
Trend algılama göstergesi, herhangi bir stratejiyi tamamlayacak ve bağımsız bir araç olarak da kullanılabilir. ÖNEMLİ! Talimatlar ve bonus almak için satın alma işleminden hemen sonra benimle iletişime geçin!   Faydalar Kullanımı kolay; grafiği gereksiz bilgilerle aşırı yüklemez. Herhangi bir strateji için filtre olarak kullanma yeteneği. Hem kar elde etmek hem de zararı durdurmayı ayarlamak için kullanılabilen, yerleşik dinamik cupport ve direnç seviyeleri içerir. Mum kapandıktan sonra g
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- Real price is 80$ - 40% Discount ( It is 49$ now ) 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 t
-   Real price is 200$   - 60% Discount (It is now 79$) - Pass your challenge in 1 hour Welcome to the next generation of trading,   HFT Prop Firm Bot only opens   one trade at a time   with   Highly profit,   Fixed Stop loss and Very low Draw-down. Live Monitoring (Passed in 1 day): myfxbook.com/portfolio/hft-prop-firm/11004800 No Martingale, No Grid, No Scam What is HFT Prop Firm? High-frequency trading (HFT) systems are based on sophisticated algorithms that can execute trades with lightenin
Contact me for instruction, any questions! Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immediate candlestick that brings the price back into the level. The second thing that the breakout and re
-   Real price is 70$   - 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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-   Real price is 90$   - 50% Discount ( It is 45$ now ) 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 according
-   Real price is 70$   - 50% Discount ( It is 35$ now ) Contact me for instruction, any questions! 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-dri
-   Real price is 60$   - 50% Discount ( It is 30$ now ) Contact me for instruction, any questions! Introduction Triangle chart patterns are used in   technical analysis , which is a trading strategy that involves charts and patterns that help traders identify trends in the market to make predictions about future performance.   Triangle Pattern Scanner Indicator It is usually difficult for a trader to recognize classic patterns on a chart, as well as searching for dozens of charts and tim
Contact me for instruction, any questions! Introduction Chart patterns   are an essential tool traders and investors use to analyze the future price movements of securities. One such pattern is the triple bottom or the triple top pattern, which can provide valuable insights into potential price reversals. This pattern forms when a security reaches a low   price level   three times before reversing upward or reaches a high price level three times before reversing downward.   Triple Top Bottom
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
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 trader to recognize classic patterns on a chart, as well as sear
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