In version 8.71, we reinforced the zone concept in X3 Chart Pattern Scanner. Zone is the extended concept from the Horizontal Support and Resistance in technical analysis. Zone is the great tool to decide your trading entry and exit as well as managing your risk and reward. Since we understand the importance of the zone concept, we provide the reinforced version of the Pattern Completion Interval for Harmonic Pattern and X3 Chart Pattern in the new version of X3 Chart Pattern Scanner. As before, you can lock this trading zone for the multiple timeframe analysis.

In version 8.70, we have recompiled X3 Chart Pattern Scanner in the latest Metaeditor compiler. It is minor update only. But it is recommended to use this latest version of X3 Chart Pattern Scanner.

In version 8.67, We have change the outlook of Multiple Timeframe Pattern Detection, In the Multiple Timeframe Pattern Panel, you can also check the size of chart pattern too.

In version 8.6, now you can clear the commands drawn in your chart. The commands line can be cleared when you press "Clear" button. This commands will be shown again, when you click H1 button in the middle of buttons. Just use this to clear your chart if you need to see some details around this area.

In version 8.65, we have aligned the Pattern Structure to X3 Pattern Framework. For example, we changed shape ratio (S) to retracement ratio (R) and momentum ratio (M) to expansion ratio (E). Hence, now theory, practice and profit goes together in one framework. Please check below two articles for further explanation about the pattern structure.

https://algotrading-investment.com/2019/07/09/defining-profitable-patterns/

https://algotrading-investment.com/2019/11/20/x3-pattern-framework-for-the-day-trader-in-the-financial-market-2/

In version 8.36, we have made some improvement over the graphical objects used in the Pattern Scanner.

In Version 8.62, we have upgraded the pattern detection algorithm in Profitable Pattern Scanner. Please enjoy the powerful pattern scanner for your profitable trading.

In version 8.61, we have added Advanced Channel indicator to aid your trading decision with profitable patterns.

In default, it is enabled. However, using Channel indicator is not complusory. You can always switch off it by setting

Use Channel = false under Channel Parameter.

At the same time, you can use both regression channels and standard deviation channels according to your preferences.

If you set the width of channel = 0, then it will not draw the channel in your chart.

Enjoy this powerful channel indicator together with our profitable pattern scanner.