Discussing the article: "Building a Megaphone Pattern Indicator in MQL5"

 

Check out the new article: Building a Megaphone Pattern Indicator in MQL5.

Build a megaphone pattern indicator in MQL5 that detects expanding structures on the chart. The article walks through swing identification and refinement, trend line validation, breakout confirmation, and SL/TP projection, with chart objects for lines, labels, and signals. As a result, you get a rule-based implementation that automates pattern detection and produces actionable levels directly in MetaTrader 5.

Author: ALGOYIN LTD