Automatic Candle Stick Recognition EA

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Look what it did today. Is that not a dream?

Files:
pat_rec_9_march.gif  28 kb
 

Here's a fixed version. There is a problem with the '3 Black Crows' and '3 White Soldiers' pattern detectors that causes a divide by zero error. Strangely, the error happens sooner the shorter timeframe you use, so if you use H1 or so you'd never notice it.

I disabled the code for those two patterns and now it gives results way back in time for the M5 timeframe. I hope you can live without the 3 Black Crows and 3 White Soldiers patterns.

Personally, I've never found these patterns to be consistent enough to trade from - lots and lots of false signals. I suspect you'd have to have a good filtering/confirmation strategy to be successful here..

BTW, this is an indicator, not an EA as the thread title states...

Files:
pattern_recognition_f.mq4  14 kb
 

Thanks very much ZTrader. Viewing a longer period than only a few days gives a whole other perspective on this indicator.

Indeed I made a mistake in the title, it's an indicator.

 

Patterns

  1. All pattern indicators by the links to download - first post of the thread: Harmonic Trading 
  2. Price Patterns thread - Don`t read this thread..Make Money with it
  3. Candel Sticks Indicator and Filters thread 
  4. Price Patterns (Gartley,Butterfly,Bat,...) explanation - the thread 
  5.  5 pattern indicators and 1 pattern indicator with alert - the thread 
  6. color patterns (indicator helping to identify the patterns) - the thread 
  7. Elliot Wave Indicators thread 
  8. Pattern Recognition indicator: fixed version 
  9. Harmonic EA thread 
  10. everything about candles, inside candles and custom candles: indicators thread and 4H Candle Close Indicator thread 
============
 

Please can one get this for mt5?

 
Sergey Golubev:

Patterns

  1. All pattern indicators by the links to download - first post of the thread: Harmonic Trading 
  2. Price Patterns thread - Don`t read this thread..Make Money with it
  3. Candel Sticks Indicator and Filters thread 
  4. Price Patterns (Gartley,Butterfly,Bat,...) explanation - the thread 
  5.  5 pattern indicators and 1 pattern indicator with alert - the thread 
  6. color patterns (indicator helping to identify the patterns) - the thread 
  7. Elliot Wave Indicators thread 
  8. Pattern Recognition indicator: fixed version 
  9. Harmonic EA thread 
  10. everything about candles, inside candles and custom candles: indicators thread and 4H Candle Close Indicator thread 
============

wow

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