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  • Reviews (6)
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X3 Chart Pattern Scanner MT4

4

Introduction to X3 Chart Pattern Scanner

X3 Cherart 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 individual patterns according to your preferences. For example, if you only want to trade harmonic patterns, then just switch off all Elliott Wave and X3 patterns. Also, note that each pattern is customizable with RECF notation. Japanese candlestick patterns are kind of bonus package added in the indicator. Japanese candlestick patterns can be used as the secondary confirmation for harmonic patterns, Elliott wave and X3 patterns. You can also switch on and off Japanese Candlestick patterns.



Harmonic Pattern Category

Detectable Harmonic Patterns include Optimal AB=CD, Optimal Butterfly Pattern, Optimal Gartley Pattern, Optimal Bat Pattern, Optimal Alternate Bat Pattern, Optimal Shark Pattern, Optimal Crab Pattern, Optimal Deep Crab Pattern, Optimal Cypher Pattern, Optimal 5-0 Pattern and Optimal 3 Drives Pattern.


Elliott Wave Pattern Category

Detectable Elliott Wave patterns include Elliott Wave .1234 Pattern, Elliott Wave .12345 Pattern, Elliott Wave .12345AB Pattern and Elliot Wave .12345ABC Pattern. In addition, you can modify the structure of the Elliott Wave patterns as you wish.



X3 Chart Pattern Category

Detectable X3 Chart Pattern includes Star River Pattern, Trident Pattern, Horse Pattern, Eagle Pattern and Phoenix Pattern.



Japanese Candlestick Pattern Category

Detectable Japanese candlestick patterns include Engulfing, Piercing Line, Morning Star, Doji Star, Hammer, Harami and many more Japanese candlestick patterns also detetable.


Product Features

  • Non-repainting and non-lagging Harmonic pattern, Elliott Wave pattern and X3 Chart Pattern scanner
  • Pattern Completion Interval
  • Potential Reversal Zone
  • Potential Continuation Zone
  • Pattern Locking and Unlocking Feature
  • Interactive Stop Loss and Take Profit according to your Reward/Risk ratio
  • Historical Patterns
  • Can detect around 52 Japanese candlestick patterns
  • Multiple Timeframe Pattern Scanning for Harmonic pattern, Elliott Wave pattern, and X3 Pattern


Entry and Exit for Trading

This indicator provides three essential components to trade and manage the trading risk including pattern completion interval, potential reversal zone and potential continuation zone. Provided stop loss and take profit levels are movable and adjustable. Potential reversal zone can be used to identify the location of turning point. Potential continuation zone can be used to predict future price move after turning point detection. Pattern Completion Interval is the tactical place where you can set breakeven, or trail stop your profit or to open new entry according to the market condition.


Secondary confirmation

Any experienced trader will recommend using secondary confirmation together with X3 chart patterns. Depending on your skill, you can combine various secondary confirmation technique with X3 Chart Pattern Scanner.

  • Other technical indicators (i.e. RSI, CCI, MACD, etc)
  • Supply Demand Analysis
  • Fundamental analysis
  • Elliott Wave Analysis
  • Triangle pattern, rising wedge and falling wedge patterns



Trading Strategy Guide

Detailed trading strategy can be found from the link below. We highly recommend reading this guide before using this indicator.

https://www.mql5.com/en/blogs/post/750344

https://www.mql5.com/en/blogs/post/750343


Important Note

X3 Chart Pattern Scanner provides many good patterns. However, use the patterns you like only as each pattern in the scanner can be switched on and off. This indicator is testable in strategy tester up to 80% of its features. Please test it before purchasing. This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.


Reviews 6
elite luis
3048
elite luis 2023.03.09 14:09 
 

Author is a Genius, very Talented and super passionate, quality indicator unique and helpful tools he develop, has bought both MT4+MT5 and he also provide detail video tutorial and instruction, with Excellent support! Buy Best for 2023! Big Thank you! :) and I disagree with previous buyer who gave 1 star saying giving false signal, he probably don't understand how to use it, every indicator signal alert just get 50% of the job done, remaining 50% need to apply TA and patience to wait for the reversal with additional indicator for confluence before entering or exit any trade, and pattern works better on higher timeframe, he probably use it on lower timeframe hence false signal which is common, got nothing wrong with Author indicator scanner, I rate 5 stars! Thanks Author!

Nemesio Reyes Jr
165
Nemesio Reyes Jr 2022.06.26 22:34 
 

amazing indicator

Capital Growth
215
Capital Growth 2020.01.24 11:37 
 

The software is great and young ho seo is a great programmer, shame it doesn't allow you to show patterns that are forming, but I understand I'm a M1 scalper and not many people do that, so I always need constant patterns that are forming. For harmonics and elliot waves, this one is the best scanner in the market, I tried them all so I know.

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Reminder: After purchasing the unlimited version of this indicator send me the proof and I will add you to my private group so that you join the community and continue to learn more about this tool and grow together with other traders. You will also learn the strategy that will change your trading story! Dear Traders I am so glad to introduce my forex trading product called "Day Traders Master Board". This tool is designed for serious traders of any trading strategy.  My goal is to help trader b
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Quantum Currency Strength Indicator
QUANTUM TRADING SOFTWARE LIMITED
Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum Currency Strength indicator has been designed with one simple objective in mind. To give you
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Weis Wave with Alert
Trade The Volume Waves Single Member P.C.
4.79 (19)
Get 30% Discount until 30/9/20203 on Lifetime package 420$ from 599$. Rental/Lifetime Package Options and Privileges' * For optimum results the yearly or lifetime package is suggested due to live training and Discord  channel trading with the  creator! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord
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Szia! Egy indikátorral. Több idő gyertyájának kirajzoltatása egy charton. Különböző színek rendelhetők a long és short gyertyákhoz. Vonal vastagsága állítható. A gyertya kitöltése engedélyezhető. Hello! With an indicator. Drawing multiple time candles on a chart. Different colors can be ordered for long and short candles. Line thickness can be adjusted. Filling the candle can be allowed. Videó: https://www.youtube.com/watch?v=-9bequnAw-g&amp ;ab_channel=GyulaKlein
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Robot Choppiness
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5 (1)
The Choppines robot is loaded as an indicator in the MT4 indicators folder It is recommended to use a 5-minute candlestick time frame, the recommended robot expiration time is 5 minutes. The robot can be configured to send signals to the MT2, MX2, PRICEPRO platforms. To send signals you must use the connector program of the platform you want to work with. To install in the connector, carry out the following procedure (an image is attached describing the configuration with the MT2 platform
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elite luis
3048
elite luis 2023.03.09 14:09 
 

Author is a Genius, very Talented and super passionate, quality indicator unique and helpful tools he develop, has bought both MT4+MT5 and he also provide detail video tutorial and instruction, with Excellent support! Buy Best for 2023! Big Thank you! :) and I disagree with previous buyer who gave 1 star saying giving false signal, he probably don't understand how to use it, every indicator signal alert just get 50% of the job done, remaining 50% need to apply TA and patience to wait for the reversal with additional indicator for confluence before entering or exit any trade, and pattern works better on higher timeframe, he probably use it on lower timeframe hence false signal which is common, got nothing wrong with Author indicator scanner, I rate 5 stars! Thanks Author!

kylewisani
145
kylewisani 2023.02.12 17:13 
 

Too much false signals

Nemesio Reyes Jr
165
Nemesio Reyes Jr 2022.06.26 22:34 
 

amazing indicator

Ferrari888
524
Ferrari888 2020.07.23 20:03 
 

Индикатор слабый связаться с разработчиком проблематично. Зря потраченные деньги... не стоит он таких денег.

majed237
128
majed237 2020.03.30 06:06 
 

I can not find any signal in chart iwont return my money

Capital Growth
215
Capital Growth 2020.01.24 11:37 
 

The software is great and young ho seo is a great programmer, shame it doesn't allow you to show patterns that are forming, but I understand I'm a M1 scalper and not many people do that, so I always need constant patterns that are forming. For harmonics and elliot waves, this one is the best scanner in the market, I tried them all so I know.

Reply to review
Version 8.71 2022.01.12
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.
Version 8.70 2020.11.24
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.
Version 8.67 2020.06.27
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.
Version 8.66 2020.02.05
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.
Version 8.65 2019.11.23
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/
Version 8.63 2019.11.15
In version 8.36, we have made some improvement over the graphical objects used in the Pattern Scanner.
Version 8.62 2019.11.01
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.
Version 8.61 2019.10.10
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.