Head and Shoulder Scanner Meta5

5

** All Symbols x All Timeframes scan just by pressing scanner button **

*** Contact me to send you instruction and add you in "Head & Shoulders Scanner group" for sharing or seeing experiences with other users.

+ FREE Trading Utility MT5

Introduction:

Head and Shoulders Pattern is a very repetitive common type of price reversal patterns. The pattern appears on all time frames and can be used by all types of traders and investors. 

The Head and Shoulders Scanner indicator Scans All charts just by pressing one click. It has stop loss, Take profits and entry point levels with using Fibonacci levels and candlestick checking to find the best entry point and exit of trading. It finds signals immediately with alarm and notification for easy trading.

Main Features:

  • Detect the best and most common successful reversal trend :  Head and Shoulders Pattern, Inverse Head and Shoulders Pattern
  • Easy-to-use and user-friendly indicator
  • NO repaint
  • Scan All charts button ( Forex, Crypto, Indices and commodities )
  • Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
  • It displays and pushes notification stop-loss, take profits and entry-point levels
  • Candlestick check for the best entry point
  • Use Fibonacci levels
  • Sending the alert and push notification
  • method Engulfing/breakout -  Engulfing on the edge of pattern / Breakout neck of pattern
  • Alert enable/disable base on your setting time
  • Adjust the pattern setting

Input Parameters :

=========Scanner============

  • Scan All Charts – Enable
  • Scan the number of candles – Amount of history bars to evaluate
  • Re-scan Timer – Re-scan all charts in all time frames after passing time
  • mode = Engulfing/breakout -  Engulfing on the edge of pattern / Breakout neck of pattern

=======Display/style Options============

  • Display Options – Display or do not  SL & TP & Entry levels
  • Stop Loss levels and Breakout Style - Set the Fonts and colors of patterns

    ========ALERT SETTINGS ==========

    • Display Alert or Push Notification – Enable or disable Alert or Push Notification
    • How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
    • Alert Buffer Size – Maximum save alert to prevent duplicate alerts
    • Alert start/end time  – Determine trading hours based on the computer clock to activate and deactivate the alarm
    Reviews 1
    ホウケンイ
    540
    ホウケンイ 2025.10.23 03:04 

    I’ve purchased many indicators, and this author’s products are the most simple and straightforward. There’s nothing flashy—just clear and precise signals. Moreover, the signals are highly accurate; as long as you enter according to the conditions, you can consistently make stable profits.

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    Introduction RSI divergence is a main technique used to determine trend reversing when it’s time to sell or buy because prices are likely to drop or pick in the charts. The RSI Divergence indicator can help you locate the top and bottom of the market. This indicator finds Regular divergence for pullback the market and also finds hidden RSI Divergence to show continuing trend. This indicator shows divergence on the RSI that is a strong hint for an excellent entry point and finds immediately with
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    ホウケンイ
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    ホウケンイ 2025.10.23 03:04 

    I’ve purchased many indicators, and this author’s products are the most simple and straightforward. There’s nothing flashy—just clear and precise signals. Moreover, the signals are highly accurate; as long as you enter according to the conditions, you can consistently make stable profits.

    Reza Aghajanpour
    94779
    Reply from developer Reza Aghajanpour 2026.09.02 05:40
    Thank you. Enjoy your trading.🙏🌹😍
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