• Overview
  • Reviews (1)
  • Comments (2)
  • What's new

EFW Pattern Trader MT4

EFW Pattern Trader is a Powerful Pattern Scanner for your trading. The main pattern detection methods in this software follows the principle of Equilibrium Fractal Wave (EFW Notation using shape ratio and propagation ratio, original concept created by Young Ho, Seo). Therefore, our EFW Pattern Trader provides an effective pattern detection algorithm. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern will likely behave in you live trading. Therefore, you can build full rational and confidence before your trading. Each pattern will generate different performance for different market. Therefore, run each pattern in your strategy tester and then choose which patterns you want to trade for the specific currency pairs to maximize your profit. Of course, you can trade multiple patterns for single currency pairs. You can use sound alert, push notification and email (Push notification is preferred way for remote signal). After backtesting, to synchronize your backtesting results to your live accounts, use EFW Pattern Trader for your live trading only.


How to Trade

In general, each detected pattern will show you which direction to trade. Therefore, trading is really simple. Using this software requires at least some knowledge on risk and reward management in the financial trading. Check the performance of each pattern with your own eyes in your MetaTrader strategy tester before buying. Typically the pattern traders uses second confirmation to confirm the trading direction with patterns. The typical second confirmation can include fundametals and other technical indicators.

For your information, tradable Patterns in EFW Pattern Trader:

  • are not repainting
  • are not recalculating
  • provide stop loss and take profit target for your trading.


List of Tradable Patterns

All the patterns are powerful here but you might like some patterns more than the others might. Do not forget to backtest each pattern before trading. Backtesting will run faster in smaller timeframe when you use every tick mode. You might use open price mode at your own risk.

A. Golden Ratio 0.618 (1 EFW)

B. Half Ratio 0.500 (1 EFW)

C. Two Equal Waves Pattern (2 EFWs: 1.618-0.618)

D. Two Equal Waves Pattern (2 EFWs: 1.272-0.786)

E. Gartley (3 EFWs)

F. Star River Pattern (5 EFWs, introduced by Young Ho, Seo)

G. Trident Pattern (4 EFWs, introduced by Young Ho, Seo)

H. Horse Pattern (4 EFWs, introduced by Young Ho, Seo)

I. Butterfly (3 EFWs)

Input 1 - EFW Setting

  • EFW Iteration: 3 to 100 only (choose higher number for more patterns but it requires more time to complete backtesting)
  • EFW Line Color: Color of wave lines
  • EFW Line Color for overlapping wave: Color of overlapping wave lines
  • EFW Line Width: Width of wave line
  • EFW Text Color: color for ratio text
  • EFW Text Size: Size of text
  • EFW Ratio Text Format: Ratio format to display
  • EFW Arrow Up Color: Buy arrow color
  • EFW Arrow Down Color: Sell arrow color
  • EFW Arrow Width: buy and sell arrow size

Input 2 - General Setting

  • Bars To Scan: choose higher number for more computation
  • Use White Background Chart: true or false only
  • Enable sound alert: true or false only
  • Send email Alert
  • Send notification alert


Input 3 - Alert Setting

  • Delete Previous Patterns on new alert: set true to delete previous patterns on new pattern arrival
  • Min Pattern Size in Bar: filter the pattern by number of candle bar size
  • Search Pattern A: set to true to use the pattern A
  • Search Pattern B: set to true to use the pattern B


Important Note

This product is the off the shelf product in the store. Therefore, we do not take any personal modification or personal customization request. For our products, we do not provide any code library or any support for your coding.




Reviews 1
Michalangelo
346
Michalangelo 2018.03.28 21:15 
 

Excellent. I will add 5 stars when I will see history patterns

Recommended products
X3 Chart Pattern Scanner MT4
X3 Chart Pattern Scanner MT4
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
Monster Harmonic Indicator
Monster Harmonic Indicator
Paul Geirnaerdt
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
79 USD
Elliott Wave Trend MT4
Elliott Wave Trend MT4
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Identify Trend ELITE
Identify Trend ELITE
Aleksey Ivanov
Identify Trend ELITE Indicator is a professional version of the popular Identify Trend   indicator.  The Identify Trend ELITE  indicator uses twelve different averaging algorithms (developed by the author) that, together with cluster filtering supplementing them (cluster multicurrency analysis is used to more reliably identify flat sections), provides optimal filtering of false signals .                          The Identify Trend ELITE indicator, as well as the Identify Trend , al
147 USD
Double Harmonic Volatility Indicator MT4
Double Harmonic Volatility Indicator MT4
Young Ho Seo
Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volatility. Originally, Harmonic Volatility Indicator was
60 USD
Price Breakout Pattern Scanner MT4
Price Breakout Pattern Scanner MT4
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
CandleStick Premium
CandleStick Premium
Biiuse Consilting and Investments
Trade smarter by visualizing and analyzing multiple candlestick patterns Visualizes 16 different candlestick patterns Detects Bullish patterns, Bearish patterns, and Gap Patterns  All patterns are exported and can be used with custom EAs Full customization for viewing preferences (text, colors, markers) Bullish patterns:  Multiple Inside Bar, Morning Star, Piercing Line, Three Outside Up, Three White Soldiers, Bullish Engulfing, Hammer, Rising Three Methods, Bullish Three Line Strike Bearish pat
79 USD
Excessive Momentum Indicator MT4
Excessive Momentum Indicator MT4
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
Harmonic Butterfly
Harmonic Butterfly
Sergey Deev
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
30 USD
Advanced Price Pattern Scanner MT4
Advanced Price Pattern Scanner MT4
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
JediScalper Candlestick Pattern Finder
JediScalper Candlestick Pattern Finder
Rene K Serulle
This indicator is a must have tool that scans the active chart for candlestick patterns. It labels each bar according the candlestick pattern(s) that it finds enabling you to more easily analyze price action and be more informed about your trading decision. There are 103 common and uncommon possible patterns plus 6 new patterns based on research that the indicator can identify. If a candlestick(s) meets the requirements for multiple patterns, the bar will be labeled with up to 4 patterns names f
79.99 USD
PZ 123 Pattern
PZ 123 Pattern
Arturo Lopez Perez
The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Customizable c
69 USD
Gartley Projection D
Gartley Projection D
Oleksandr Medviediev
The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
300 USD
TBP All in One
TBP All in One
Dmitry Fedoseev
All patterns from Encyclopedia of Chart Patterns by Thomas N. Bulkowski in one indicator. It draws an up or down arrow whenever a pattern is identified. Patterns are selected in the drop-down list of the Pattern variable (located at the beginning of the properties window). The indicator has numerous external parameters, some of them apply to all patterns, while others are selective. To see more information on the parameters used for the selected pattern, enable the ShowHelp variable (located at
30 USD
RTrends
RTrends
Nikolay Likhovid
The RTrends indicator does two things: first, it automatically draws the layout of the price chart by plotting trend lines and, secondly, it produces bearish and bullish signals. The layout reflects the fractal nature of the market. Trends from different time horizons are applied simultaneously on the chart. Thus, from a single chart a trader can see trend lines of higher timeframes. The lines, depending on the horizon, differ in color and width: the older the horizon, the thicker the line is. T
60 USD
Day Pattern
Day Pattern
Oleksandr Martsynyshen
Description: - D ay Pattern - an indicator that helps to identify patterns of price changes for the development of trading algorithms and strategies. For whom this tool? - For developers of trading strategies and algorithms. - Medium- and long-term traders. Time frames H1-W1. Features of the indicator: - There is a function of exporting indicator values to a file of the csv format. - Using the information panel, you can conduct an express analysis of trading tool. - The indicat
50 USD
Master 360 Circle Chart With Arrows
Master 360 Circle Chart With Arrows
Francesco Rubeo
Trade with Gann on your side!! MASTER CIRCLE 360 CIRCLE CHART, originally created by Gann admitted that this is “The Mother of all charts”. It is one of the last studies that this great trader left for us. The numeric tab le is apparently quite simple like all the tables and is based on square numbers, the SQUARE OF 12 and is by evolution, one of the most important square numbers. Here we can find CYCLE, PRICE AND TIME thanks to angles and grades, to show past and future support and resistance.
149.99 USD
Harmonic Volatility Indicator MT4
Harmonic Volatility Indicator MT4
Young Ho Seo
Introduction Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic Volatility Indicator can be appl
80 USD
Forecast Indicator
Forecast Indicator
Bilal Tokdemir
Non-repainting Forecast Indicator is a great tool for trading, which accurately produces great signals and helps traders to predict the direction of trend. This indicator is made from its own mathematical algorithm and some common technical indicators. Forecast Indicator does not repaint. It produces signals at the beginning of the candle. Signals never disappear at the current candle after it comes out. Inputs and Settings X = 2; Y = 2; Z = 2; X, Y and Z are optional settings to create signal
136 USD
Harmonic Pattern Plus MT4
Harmonic Pattern Plus MT4
Young Ho Seo
Introduction Harmonic Patterns are best used to predict potential turning point. Hence, Harmonic Patterns are the sub patterns of turning point patterns. Traditionally, Harmonic Pattern was identified manually connecting extreme points in charts. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automat
98 USD
MetaWaves
MetaWaves
Stanislav Korotky
This indicator was inspired by М & W Wave Patterns by A. Merrill. 5 extremums or 4 edges of ZigZag are enough to build M or W pattern at arbitrary offset in the history. The classical approach includes a table of predefined figures of ZigZag waves, which can transform into each other under special rules—so that next edge can be forecasted based on these rules. Unlike to this approach, the indicator analyses available history and builds statistics for all M and W patterns, which differ in their c
75 USD
Harmonic Papallons
Harmonic Papallons
Ramon Sobrevals Arce
We have perfected this indicator to predict  accurately the future market movements. Harmonic Papallons will give you the best price within a REVERSAL. Automatically scans the chart to find these Harmonic Patterns, and give you the chance to enter early in good operations. Also if selected, it will alert you in advance when future patterns appears. The main goal for this algorithm is to determine with high precision the moment when a trend ends and a new one begins. THE  G LDEN TRADE, Th
149 USD
Fibonacci Volatility Indicator MT4
Fibonacci Volatility Indicator MT4
Young Ho Seo
Introduction Fibonacci Volatility indicator was introduced in the Book "Harmonic Volatility Line Indicator: Alternative Approach to Gann’s angle". This Fibonacci Volatility indicator provides both Z score Configuration Method and Probability Configuration Method, whereas in Harmonic Volatility indicator you can only use Probability Configuration Method. Hence, this indicator provides more functionality than Harmonic Volatility Indicator. Main Features Fibonacci Volatility in Z score Configur
100 USD
WaltSoft RNB Plus
WaltSoft RNB Plus
WaltSoft
R ound   N umbers   B ackground The WaltSoft RNB Plus Indicator adds scale and perspective to your charts. In addition, this plus+ version can   Alert   you with a pop-up Alert, a   Notification   on your mobile or an   email   when price reaches a Big Round Number. Description On a naked chart you have no clue of how much price has moved. But put the WaltSoft RNB on your chart and it draws an alternating color background (grid) with a scale you can choose. Not only that, but it also draws
30 USD
Volume Spread Pattern Detector MT4
Volume Spread Pattern Detector MT4
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Master Figures
Master Figures
Andrey Kozak
The Master Figures indicator analyzed the market for the most common chart patterns. The first pattern is called Pin bar . This pattern can rightly be considered one of the most widespread. This pattern looks like a candle with a small body and large tail (wick). Once you see it on the chart, open a position against the wick. It is better to use the resistance lines for closing. Master Figures shows this pattern in the form of circles. A position should be opened when a new candle appears after
147 USD
ForexArum Patterns
ForexArum Patterns
Marouane Majid
If you want to add a pattern indicator to confirm the market movement you are in the right place, this indicator permit to detect some famous candle patterns Hammer, Inverted Hammer, Shooting Star, Hanging Man and Engulfing patter that can be highlighted on your chart once the patters occurs. Up, Down arrows are traced at the beginning of the new bar each time a pattern is detected. Parameters Body to Bar Fraction (%) : the body size / the candle size (20% by default) Max Little Tail Fraction
30 USD
Fibonacci Magic Pivot Levels
Fibonacci Magic Pivot Levels
Tumelo Trevor Thudinyane
The Fibonacci Magic Pivot Levels is a powerful yet easy to use indicator . It continuously monitor s intra-day price action and uses complex algorithms to calculate and detect key support, resistance and pivot levels, using the D1 timeframe as a filter. The   Fibonacci Magic Pivot Levels is optimized for H4, H1, M30, M15, M5 & M1 timeframes and can be used on ALL Currencies, Indices, Commodities, and Cryptocurrency pairs . Trade with improved confidence and maximize your success rate. Benefits o
33 USD
Forex Forecast System
Forex Forecast System
Peter Maggen
This is a all-in-one indicator with great proprietary forecast feature. Indicator calculates trading direction and forecast levels for the current chart and for the higher and lower charts. Best opportunity for trading is when all trade signals are in line in the direction of the forecast based on the lower chart (see screenshot). The indicator also includes all traditional stuff: Trend indicator (current chart and higher & lower charts) Reversal signal (based on Williams Percent Range - WPR) Di
150 USD
PTS Precision Divergence Finder
PTS Precision Divergence Finder
PrecisionTradingSystems
Precision Divergence Finder was designed to find market bottoms with pinpoint accuracy and frequently does so. In technical analysis, the art of picking bottoms is generally much easier than picking tops and for this reason this product does NOT produce sell signals. The complex algorithm seeks out and counts the number of active Demand Index divergences present on a real-time bar by bar basis. The model observes when the market price is making a new low and the Demand Index is NOT making a new
275 USD
Buyers of this product also purchase
Entry Points Pro
Entry Points Pro
Yury Orlov
This is a trend indicator for MT4 providing accurate signals to enter a trade without redrawing or delays.   It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices . The best results are on the timeframe M15+   Our Telegram group  |  MT5 version of the indicator IMPORTANT!  Contact me after your purchase to get the detailed guide and bonus.   Video (6:22)  - one signal that made a profit equal to triple the price of the indicator.   Video (4:4
125 USD
Advanced Supply Demand
Advanced Supply Demand
Bernhard Schweigert
CURRENTLY 33% OFF !!   Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones . You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize th
148 USD
Advanced Currency Strength28 Indicator
Advanced Currency Strength28 Indicator
Bernhard Schweigert
CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
148 USD
Best Currency Strength Indicator
Best Currency Strength Indicator
Tumelo Rakotsoane
Advanced Currency Strength Indicator The Advanced Divergence Currency Strength Indicator. Not only it breaks down all 28 forex currency pairs and calculates the strength of individual currencies across all timeframes , but, You'll be analyzing the WHOLE forex market in 1 window (In just 1 minute) . This indicator is very powerful because it reveals the true movements of the market.  It is highly recommended to  analyze charts knowing the performance of individual currencies or the countries ec
149 USD
Trading Chaos Map
Trading Chaos Map
Andrey Sinegovskiy
For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo
125 USD
TickUnit Scalper Currency Strength28 PRO
TickUnit Scalper Currency Strength28 PRO
Bernhard Schweigert
CURRENTLY 26% OFF !!   This indicator is a super combination of both our main indicators ( Advanced Currency Strength 28 and Advanced Currency IMPULSE with ALERT ). It shows Currency Strength values for TICK-UNITS and alert signals for 28 Forex pairs. 11 different Tick-Units can be used. Those are 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, and 30 Seconds. The Tick-Unit bar in the sub-window will be shown and shifted to the left when there is at least 1 tick within the second’s timer.  With only ONE
148 USD
Nasdaq100 Power Indicator
Nasdaq100 Power Indicator
Teboho Edgar Rakotsoane
The NASDAQ 100 Power Indicator serves with TREND and trend reversals indication using automated arrows that indicates buy or sell at that price and has built-in signal provider across all time frames with alerts and provides also the automated support and resistance that can draw technical analysis patterns like double bottom, double top, head and shoulders etc using closing and open prices, in assistance for if a trader did not see the pattern sooner for their technical analysis. The indicator
149 USD
Blahtech Supply Demand
Blahtech Supply Demand
Blahtech Limited
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
124 USD
Advanced Dashboard for Currency Strength and Speed
Advanced Dashboard for Currency Strength and Speed
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a sin
199 USD
TPA True Price Action MT4 Indicator
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) 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. The first part of the TPA manual "The Basics" is now available (free to g
168 USD
Ultimate Double Top Bottom Reversal Scanner
Ultimate Double Top Bottom Reversal Scanner
FXsolutions
This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
119 USD
Naked Forex Kangaroo Tail
Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
147 USD
Naked Forex Tweezer Indicator for MT4
Naked Forex Tweezer Indicator for MT4
Renaud Candel
Tweezer Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the     best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The indicator does what he was designed for:
147 USD
MACD Currency Meter
MACD Currency Meter
Emir Revolledo
telegram link : https://t.me/joinchat/RTSgzlmYXyj7_8oP WELCOME to the very new algorithm in the market which you have never seen before.  MACD Currency Strength Meter: 2 indicators in 1! MACD Currency Meter : A MACD indicator with the power of Currency Strength Meter.  MACD  - a indicator which is good to know the momentum of a Pair Currency Strength Meter is used for tracing market trends..  If you are a fan of MACD and Currency Strength Meter, this indicator is the one for you. MACD-CSM is s
125 USD
Beast Super Signal
Beast Super Signal
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion level The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. All
149 USD
Blahtech Market Profile
Blahtech Market Profile
Blahtech Limited
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. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
124 USD
Currency Strength Exotics
Currency Strength Exotics
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
128 USD
StrongCurrency
StrongCurrency
Daying Cao
This StrongCurrency is a complete trading system based on a variety of technical indicators, moving averages and pivots. Each of those elements can be assessed in defined rules and coefficients (depending on the indicator) providing limitless optimization scenarios for the StrongCurrency. In order to work the StrongCurrency creates a trend strength and entry point signal list display by evaluating these data, that takes data from all symbols. It extrapolates all the information in order to get t
150 USD
ShvedSupDem Pro Zone
ShvedSupDem Pro Zone
Andrey Shvedov
Let us analyze what supply and demand are, and how relevant the expression "market memory" is. The screenshots show the operation of the SupDem-Pro custom indicator, it is the improved version of my previously created Shved Supply and Demand indicator. In order to create it, I gave up trading for almost 3 years and studied a lot of literature, I have not traded during this time, but only analyzed the behavior of the price in different situations. It took me quite a long time to correctly formula
120 USD
PABT Pattern Indicator
PABT Pattern Indicator
Gleb Balashevich
PABT Pattern Indicator - it's classical system one of the signal patterns. Indicator logic - the Hi & Lo of the bar is fully within the range of the preceding bar, look to trade them as pullback in trend. In the way if indicator found PABT pattern it's drawing two lines and arrow what showing trend way.  - First line - it's entry point and drawing at: 1. On the high of signal bar or on middle of the signal bar (depending from indicator mode) for buy; 2. On the low of signal bar or on middle of t
110 USD
Level Trend mt4
Level Trend mt4
Evgenii Aksenov
The indicator shows the support levels of the current trend. Perfect for intraday trading and scalping The indicator Level Trend never redraws or changes its signals (!), easy to install and quickly set up  Confirmed trading results:     here       Level Trend EA:   here            Subscribe to our  Telegram RECOMMENDATION   Symbols       Any pairs: FX, Metals, Coins, CFD, Index   Timeframe   H1-H4 Recommended broker + VPS for FREE here The information panel shows the di
125 USD
TrendfollowerSR
TrendfollowerSR
Paul Reymkhe
                     B ULL B EAR I NNOVATION                ️ Technology To Success ️   Correct identification of the trends in stock investments are pivotal and TrendFollowerSR ensures this perspective while displaying the correct trend on multiply timeframes to help you go long way as much as possible. The latest technology of the Indicator enables to track whether if a certain trend has just begun ,
119 USD
Naked Forex Tweezer Pro Indicator for MT4
Naked Forex Tweezer Pro Indicator for MT4
Renaud Candel
Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
Modified TTM Squeeze Indicator
Modified TTM Squeeze Indicator
Libertas LLC
"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." The Modified TTM Squeeze Indicator is a modif
149 USD
KT Support and Resistance Levels
KT Support and Resistance Levels
KEENBASE SOFTWARE SOLUTIONS
Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefr
120 USD
Full Forex Market View Dashboard
Full Forex Market View Dashboard
Opengates Success International
FULL FOREX MARKET VIEW Dashboard Indicator This is a custom indicator created to give Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make successful trading. INSTALLATION : Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISPLAY ALL the
135 USD
FIBO Trend PRO mt4
FIBO Trend PRO mt4
Evgenii Aksenov
The indicator allows you to instantly determine the current trend by color and FIBO levels. Higher Timeframe the panel shows the current trend of higher periods, helping to determine the strength of the trend  FIBO Trend PRO  never repaint and does not change their values   Very easy to use and intuitive   Applicable on any symbols of your broker   Fibo levels are excellent levels for both setting SL and fixing Take Profit   Suitable for any strategy like intraday or long-term   Supp
125 USD
Prometheus Trade Engine
Prometheus Trade Engine
Philip Muga
Prometheus Trade Engine is an indicator that combines price action, ratio based indicator & custom indicators to create this leading indicator that has a multi-timeframe approach to give you high probability trade setups & assist you in making a prediction on what is MOST likely to happen in the market going forward Features Reversal Zone Rectangular box on your chart based on a close approximation to 50% & 61.8% Fibonacci retracement levels over the high-low period of 100 bars By default, Blue
200 USD
Pro Currency Strength Meter
Pro Currency Strength Meter
Oystein Knudsen
Currency Strength Meters are a great way to identify strong and weak currencies. With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD. Suggested timeframes to scan is: M15 - H1 - H4 - Daily  You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow.  The strength s
129 USD
IQ WD Gann Pivot Point
IQ WD Gann Pivot Point
Somsri Sarkar
VIEW INDICATOR MANUAL Note!  "Arial Bold" font should be installed in your operating system, specially on windows 10 server. Indicator can be applied with all types of instruments including Forex, Stocks, Commodities, Indices, etc. Just adjust the indicator scale accordingly. Metatrader 5 version available Indicator Benefit The indicator is inspired by WD Gann trading style & customized for the modern market with a simplistic approach. It is designed for scalping to day trading. A complete
180 USD
More from author
Fractal Pattern Scanner MT4
Fractal Pattern Scanner MT4
Young Ho Seo
Breakout Trading and Reversal Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first prof
220 USD
Excessive Momentum Indicator MT4
Excessive Momentum Indicator MT4
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
Precision Support Resistance MT4
Precision Support Resistance MT4
Young Ho Seo
Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Support and Resistance are highly accurate suppo
60 USD
Mean Reversion Supply Demand MT4
Mean Reversion Supply Demand MT4
Young Ho Seo
Supply Demand with Mean Reversion Concept The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. To typical traders, supply demand zone serves as the turning point. When we looked at its original concept, we have found that the original supply demand trading can be performed better at mean reversion period rather than trend period. For the demonstration of this concept, for any supply demand zone to work as an successful tra
80 USD
Price Breakout Pattern Scanner MT4
Price Breakout Pattern Scanner MT4
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
Volume Spread Pattern Indicator MT4
Volume Spread Pattern Indicator MT4
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
80 USD
Advanced Price Pattern Scanner MT4
Advanced Price Pattern Scanner MT4
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
Sideways Market Statistical Analyzer MT4
Sideways Market Statistical Analyzer MT4
Young Ho Seo
Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the presence of Sideways Market can help you
100 USD
X3 Chart Pattern Scanner MT4
X3 Chart Pattern Scanner MT4
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
Pair Trading Station MT4
Pair Trading Station MT4
Young Ho Seo
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
280 USD
Sideways Market Statistical Analyzer MT5
Sideways Market Statistical Analyzer MT5
Young Ho Seo
Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the presence of Sideways Market can help you
100 USD
Harmonic Pattern Plus MT4
Harmonic Pattern Plus MT4
Young Ho Seo
Introduction Harmonic Patterns are best used to predict potential turning point. Hence, Harmonic Patterns are the sub patterns of turning point patterns. Traditionally, Harmonic Pattern was identified manually connecting extreme points in charts. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automat
98 USD
Price Breakout Pattern Scanner MT5
Price Breakout Pattern Scanner MT5
Young Ho Seo
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detects following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
100 USD
X3 Chart Pattern Scanner MT5
X3 Chart Pattern Scanner MT5
Young Ho Seo
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
280 USD
Fractal Pattern Scanner MT5
Fractal Pattern Scanner MT5
Young Ho Seo
Breakout Trading and Reveral Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first profi
220 USD
Smart Renko MT4
Smart Renko MT4
Young Ho Seo
The main characteristics of Renko Charting concern price movement. To give you some idea on its working principle, Renko chart is constructed by placing a brick over or below when the price make the movement beyond a predefined range, called brick height. Therefore, naturally one can see clear price movement with less noise than other charting type. Renko charting can provide much clearer trend direction and it helps to identify important support and resistance level more clearly. As Renko chart
80 USD
Ace Supply Demand Zone MT4
Ace Supply Demand Zone MT4
Young Ho Seo
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
Harmonic Pattern Scenario Planner MT4
Harmonic Pattern Scenario Planner MT4
Young Ho Seo
Introduction The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenario analysis 11 Harmonic Pattern Detec
100 USD
Advanced Price Pattern Scanner MT5
Advanced Price Pattern Scanner MT5
Young Ho Seo
Introduction Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading. Detectable Patterns Following pattern can be detected. Tri
180 USD
Ace Supply Demand Zone MT5
Ace Supply Demand Zone MT5
Young Ho Seo
About Ace Supply Demand Zone Indicator The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. Supply and demand zone serves as the good entry in our trading. It provides you the detailed trading plan + the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Firstly, Ace Supply Demand Zone indicator was built on the non-repainting and non
100 USD
Harmonic Pattern Plus MT5
Harmonic Pattern Plus MT5
Young Ho Seo
Introduction Harmonic Patterns are best used to predict potential turning point. Hence, Harmonic Patterns are the sub patterns of turning point patterns. Traditionally, Harmonic Pattern was identified manually connecting extreme points in charts. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automat
98 USD
Excessive Momentum Indicator MT5
Excessive Momentum Indicator MT5
Young Ho Seo
Introduction Excessive Momentum Indicator is the first indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and bre
200 USD
Turning Point Detector MT4
Turning Point Detector MT4
Young Ho Seo
The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multiple of turning points because they consist
80 USD
Mean Reversion Supply Demand MT5
Mean Reversion Supply Demand MT5
Young Ho Seo
Supply Demand with Mean Reversion Concept The concept of supply demand trading rely on the quantity mismatching between buying and selling volumes in financial markets. To typical traders, supply demand zone serves as the turning point. When we looked at its original concept, we have found that the original supply demand trading can be performed better at mean reversion period rather than trend period. For the demonstration of this concept, for any supply demand zone to work as an successful tra
80 USD
Elliott Wave Trend MT4
Elliott Wave Trend MT4
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Elliott Wave Trend MT5
Elliott Wave Trend MT5
Young Ho Seo
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
200 USD
Volume Spread Pattern Detector MT5
Volume Spread Pattern Detector MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Volume Spread Pattern Detector MT4
Volume Spread Pattern Detector MT4
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Fractal Moving Average Indicator MT5
Fractal Moving Average Indicator MT5
Young Ho Seo
Fractal Moving Average and Fractal Pattern Indicator Fractal Moving Average indicator was designed as part of Fractal Pattern Indicator. Inside Fractal Pattern Indicator, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indi
FREE
Peak Trough Analysis Tool MT5
Peak Trough Analysis Tool MT5
Young Ho Seo
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Filter:
Michalangelo
346
Michalangelo 2018.03.28 21:15 
 

Excellent. I will add 5 stars when I will see history patterns

Reply to review
Version 5.5 2018.03.20
Butterfly pattern added