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FFx 4 Patterns Alerter MT5

4

FFx Patterns Alerter gives trade suggestions with Entry, Target 1, Target 2 and StopLoss .... for any of the selected patterns (PinBar, Engulfing, InsideBar, OutsideBar)

Below are the different options available:

  • Multiple instances can be applied on the same chart to monitor different patterns
  • Entry suggestion - pips to be added over the break for the entry
  • 3 different options to calculate the SL - by pips, by ATR multiplier or at the pattern High/Low
  • 3 different options to calculate the 2 TPs - by pips, by ATR multiplier or at Risk/Reward
  • Offset the dashboard - any place on the chart
  • Remove the suggestion once the price reached the SL line
  • Lines extension away from the current candle
  • All colors changeable - Background, text, Buy/Sell, entry and TP/SL
  • Alert when a setup is found - sound / popup / email / push notification

Once a suggestion is given, you can confirm it with your own chart analysis. Generally the best setups to be traded are the ones occurring around important support/resistance, round numbers, supply and demand zones, etc.

Wish you all the best in your trading. Thank you for your confidence ... FerruFx


User Inputs

  • Pattern Mode: select here the pattern to be monitored
  • PinBar Minimum Size Pips: minimum size of the bar
  • InsideBar Minimum Size Pips: minimum size of the bar
  • Entry Break Plus Pips: number of pips away from the pattern where the entry is valid
  • Use SL Pips: select here to enable the SL pips option
  • SL Pips: number of pips for the stop loss
  • Use SL ATR: select here to enable the SL ATR option
  • SL ATR Multiplier: set here the multiplier to be applied to the ATR value
  • SL ATR Period: ATR period
  • Use SL HighLow: select here to enable the SL HighLow option
  • SL HighLow Plus Pips: number of pips to be added to the high/low value
  • Use TP Pips: select here to enable the TP pips option
  • TP 1 Pips: number of pips for the take profit #1
  • TP 2 Pips: number of pips for the take profit #2
  • Use TP ATR: select here to enable the TP ATR option
  • TP 1 ATR Multiplier: set here the multiplier to be applied to the ATR value
  • TP 2 ATR Multiplier: set here the multiplier to be applied to the ATR value
  • TP ATR Period: ATR period
  • Use TP Reward: select here to enable the TP Reward option
  • TP 1 Reward: set here the reward for the TP against the SL (Risk:Reward)
  • TP 2 Reward: set here the reward for the TP against the SL (Risk:Reward)
  • Dashboard X shift: you can set here any number to place the dashboard anywhere on the chart
  • Dashboard Y shift: you can set here any number to place the dashboard anywhere on the chart
  • Lines Extension: number of bars ahead of the current bar to extend the lines
  • Delete Suggestion at SL: select here if you allow the suggestion to be removed if price reach SL level
  • BUY/SELL Color: select here the color for buy/sell signals
  • Background Color: select here the color for the panel background
  • Corners Color: select here the color for the panel corners
  • Text Color: select here the color for the text
  • Entry Color: select here the color for the entry line
  • TP Color: select here the color for the TP lines
  • SL Color: select here the color for the SL line
  • Sound Alert: select here to enable the sound alert option
  • Sound File: set here the sound file for the alert
  • Popup Alert: select here to enable the popupalert option
  • Email Alert: select here to enable the emailalert option
  • Push Alert: select here to enable the push notification option
Reviews 3
Ruhail Ashraf Khan
542
Ruhail Ashraf Khan 2020.06.24 11:02 
 

Eric is wonderful guy and very helpful, i like this indicator. this is the best indicator in this category.

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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our customers. The first "The Basics"
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Ruhail Ashraf Khan
542
Ruhail Ashraf Khan 2020.06.24 11:02 
 

Eric is wonderful guy and very helpful, i like this indicator. this is the best indicator in this category.

faithdefender
1295
faithdefender 2020.04.03 16:45 
 

I cannot speak about all four functions, but I have had unsuccess with the PinBar. Several times the indicator displays a trade on the char and fails. Today, I was trading the 5 minute and followed the trade idea. When it returned back toward the stop it just disappeared. I cannot complain too loudly because the indicator was priced fairly. But I have not been making money off of it other than knowing a pin bar is observed.

Amadeus
283
Amadeus 2018.11.09 18:12 
 

This indicator will save you a lot of time by looking every charts . Recommended

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Version 1.2 2020.04.08
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Version 1.1 2020.04.08
Recompiled