• Overview
  • Reviews (2)
  • Comments (5)
  • What's new

Chart patterns scanner MT5

5

This multi time frame and multi symbol indicator identifies double top/bottom, head & shoulder, pennant/triangle and flag patterns. It is also possible to setup alerts only when a neckline/triangle/flagpole breakout has occured (neckline breakout = confirmed signal for top/bottoms and head & shoulders). The indicator can also be used in single chart mode. Please read more about this option in the product's blog. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.

Features

  • Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
  • Can monitor every time frame, from M1 to MN, and sends you a real-time alert when when the pattern has been identified or at a breakout. All Metatrader native alert types are supported.
  • Can use RSI as a trend filter to properly identify potential reversals.
  • The indicator includes an interactive panel. When clicking on an item a new chart will be opened with the symbol and time frame in question.
  • The indicator writes the signals to a text file which can be used by an Expert Advisor (EA) for auto trading. For instance this product. You can find more information about the content and location of the text file in the blog.

Input parameters

The description and explanation of the input parameters can be found here.

Important

Please note that due to the multi functionality neither buy and sell advice nor lines and arrows will be drawn on the chart where the indicator is installed. Lines showing the pattern will be drawn on the chart which will be opened by clicking on a signal in the panel.

It is highly advisable to put the indicator on a clean (empty) chart without any other indicators or Expert Advisors on it which could interfere with the scanner.


Reviews 2
DownTheRabbitHole
82
DownTheRabbitHole 2022.01.12 06:29 
 

The Author has done a remarkable job, keep it up... And raise your price... : )

deadzone111
20
deadzone111 2021.11.09 09:18 
 

RECOMMENDED Needs some reading in order to understand the logic but overall the paying version is amazing and very accurate. Also, I had a few questions and the developer answer very fastly. it worth the money. RECOMMENDED.

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This indicator scans the 1-3 Trendline pattern . The indicator is a   100 % non repaint low risk breakout system . The patterns are formed around swing high and swing lows which make them a low risk pattern with high reward. PATTERN BACKGROUND The 1-3 Trendline Breakout pattern is formed by four(4) points which are composed of three (3) primary points and the pattern neck. A trendline is always formed by the point 1 and the neck of the pattern . When price breaks out of the trendline formed ,
89 USD
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The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout or for price to cross a moving average  (see screenshot #3)   to confirm the divergence before signaling the trade opportunity. Combined with your own rules and techniq
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This multi time frame and multi symbol supply and demand zone dashboard indicator sends alerts when the price has reached a supply/demand zone. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. It can be used with all time frames from M1 to MN. It is possible to use RSI, divergence (MACD, OsMA, RSI or Awesome) and candle patterns filters (pin bar, engulfing, tweezer and morning/evning star) to filter out only the strongest setups. Combined with your
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This multi time frame and multi symbol indicator identifies double top/bottom, head & shoulders, pennant/triangle and flag patterns. It is also possible to setup alerts only when a neckline/triangle/flagpole breakout has occured (neckline breakout = confirmed signal for top/bottoms and head & shoulders).  The indicator can also be used in single chart mode. Please read more about this option in the product's   blog . Combined with your own rules and techniques, this indicator will allow you to c
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This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames and not on single divergences. It can be used with all time frames from M1 to MN. Maximum 9 time frames can be shown in the dashboard at the same time. It is possible to enable moving average, RSI or Bollinger bands trend filter to filter out only the strongest setups. Combined with your own rules and techniques, this indicator wil
39 USD
The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies both regular and hidden divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following oscillators/indicators:   MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, ATR, OBV, Composite index, MFI and Momentum. Only one oscillator/indicator can be selected. Draws
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This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers RSI, pin bar, engulfing, tweezer, morning/evening star filters as well as MACD, Awesome (AO) or RSI divergence filter options which makes it possible to filter out only the strongest setups. The indicator can also be used in single chart mode. Please read more about this option in the product's   blog .  Combined with your own rules
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This Expert Advisor identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI, bollinger, stochastics, moving average and ADX filter options which makes it possible to filter out only the strongest setups. T he   Advanced supply/demand indicator  (has to be separately rented or purchased) can be used as an extra confirmation condition for trade entry and can also be
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Trend dashboard
Jan Flodin
1 (1)
This multi time frame and multi symbol trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double ( both MA:s aligned and price above/below both ) ), RSI, Bollinger bands, ADX, Composite index, Parabolic SAR, Awesome (AO), MACD (signal line), Stochastics crossovers or Hull moving average . It can be used with all time frames from M5 to MN. The colors in the dashboard are gree
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This multi time frame and multi symbol indicator for MT5 alerts about Heiken Ashi Smoothed color changes. As a bonus it can also scan for Hull Moving Average color (trend) changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time fram
30 USD
The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect divergences for the following indicators/oscillators: MACD, OsMA (Moving average of Oscillator), Stochastics, RSI, CCI, RVI, Awesome (AO), ADX, ATR, OBV, MFI, Momentum and   Composi
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This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own pow
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This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu
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This multi time frame and multi symbol indicator scans for Pin bars, Morning/evening stars, Engulfings, Tweezers, Three Line Strikes, Inside bars and Pennants and Triangles.  The indicator can also be used in single chart mode. Please read more about this option in the product's   blog . Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time.
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This Expert advisor (EA) places trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other. Using the default settings it adopts a not very well known strategy used by some institutional traders. It involves the MAs 10, 20 and 30 or 60. The strategy works best on the H4 and D1 time frames. The Triple MA strategy (no matter which MAs are used) should be considered as a long term strategy. There could be a bad month or even a bad half year. This EA is
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Inside bars EA MT5
Jan Flodin
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This Expert Advisor (EA) opens orders when an outbreak from an inside bar formation occurs. The default settings are recommended for GBPUSD on the H1 time frame. The behavior of the EA can be explained in the following steps (please also see separate screenshot for visualization): Look for a trade when the amount of inside bars has been reached. Exit when trailing stop or take profit has been hit. Features The formations with sell/buy lines will be drawn on the chart as well as the first ATR t
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This Expert Advisor identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI, bollinger, stochastics, moving average and ADX filter options which makes it possible to filter out only the strongest setups. Features Can detect divergences for the following oscillators/indicators: MACD, OsMA (Moving average of Oscillator), Stochastic, CCI and RSI. All oscillators/ind
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This indicator recognizes a special type of Inside Bar formation which is formed by a big Master candle followed by 4 smaller candles (please see the strategy explanation below). Features Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / popup / email / push notification. On
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This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu
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This EA trades based on signals from a majority of my scanner indicators. Even though the EA is fully operational as it comes out-of-the-box, it is mainly provided as a template (base) to be used for further custom development from the side of the buyer, or by the buyer hired developer. It would typically be the usage of an existing and already successful strategy which means adding of confirmation indicators, entry and exit logic etc. to the EA. Please don't expect any consistent profits over t
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This multi time frame and multi symbol indicator scans for engulfing and tweezer formations. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Monitors every time frame, from M1 to MN, and sends you a real-time alert when an Engulfing or Tweezer formation has
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This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified on several time frames and not on single divergences. It can be used with all time frames from M5 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect diverg
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Inside bars EA
Jan Flodin
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This Expert Advisor (EA) opens orders when an outbreak from an inside bar formation occurs. The default settings are recommended for GBPUSD on the H1 time frame. The behavior of the EA can be explained in the following steps (please also see separate screenshot for visualization): Look for a trade when the amount of inside bars has been reached. Exit when trailing stop or take profit has been hit. Features The formations with sell/buy lines will be drawn on the chart as well as the first ATR t
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Signal EA
Jan Flodin
4.2 (5)
This EA trades based on signals from a majority of my scanner indicators. Even though the EA is fully operational as it comes out-of-the-box, it is mainly provided as a template (base) to be used for further custom development from the side of the buyer, or by the buyer hired developer. It would typically be the usage of an existing and already successful strategy which means adding of confirmation indicators, entry and exit logic etc. to the EA. Please don't expect any consistent profits over t
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This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one or more bars in order to confirm the color (trend) change. Input parameters Candle shift for alert: Default is 1. Setting it to 0 will alert you on color change on the current candle. This should be regarded as a pending (uncon
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This multi time frame and multi symbol supply and demand zone dashboard indicator sends alerts when the price has reached a supply/demand zone. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. It can be used with all time frames from M1 to MN. Maximum 9 time frames can be shown in the dashboard at the same time.  It is possible to use RSI, divergence (MACD, OsMA, RSI or Awesome) and candle patterns filters (pin bar, engulfing, tweezer and morning/ev
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This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers RSI, pin bar, engulfing, tweezer, morning/evening star filters as well divergence filter options which makes it possible to filter out only the strongest setups. The indicator can also be used in single chart mode. Please read more about this option in the product's   blog .  Combined with your own rules and techniques, this indicat
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This multi time frame and multi symbol indicator sends an alert when one or more trend reversal candle patterns have been identified on several time frames. It can be used with all time frames from M5 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can detect the following patterns: Pin bar, Engulfing, Tw
39 USD
This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one bar in order to confirm the color (trend) change. Input parameters Wait for candle close: 'true' or 'false'. Setting it to 'true' will delay the alert to the opening of the bar following the bar where the color change occurred.
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Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / pop-up / email / push notifica
10 USD
This multi time frame and multi symbol indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment). when the MACD main line crosses the signal line. when the signal line crosses the MACD zero(0) line. Combined with your own rules and techniques, this indicator will allow you to
30 USD
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DownTheRabbitHole
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DownTheRabbitHole 2022.01.12 06:29 
 

The Author has done a remarkable job, keep it up... And raise your price... : )

deadzone111
20
deadzone111 2021.11.09 09:18 
 

RECOMMENDED Needs some reading in order to understand the logic but overall the paying version is amazing and very accurate. Also, I had a few questions and the developer answer very fastly. it worth the money. RECOMMENDED.

Reply to review
Version 1.8 2021.12.29
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added a possibility to set the scanning interval in seconds. Default is 1. Can be set to a higher value in order to prevent possible performance issues on slower computers.
Version 1.7 2021.12.15
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added a possibility to use the indicator in single chart mode (checking only one symbol and time frame). It will then draw the patterns on the chart where the indicator is running. This option is in some ways limited though. More information in the prroduct's blog.
- corrected a bug regarding the drawing of some of the pattern lines in the strategy tester
- added drawing of breakout arrows
Version 1.6 2021.10.28
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- added the possibility to work with flag (pole) breakouts
- added the possibility to use the ATR indicator (period 14) instead of points for calculating the offset. For this reason I have removed the option to use separate point values since ATR will basically do the same work.
- added the possibility to set a custom panel title
Version 1.5 2020.09.23
*** Please always make a backup copy of the existing indicator (the .ex5 file) before you make the update ***

- added a possibility to work with pennant and triangles break-outs
Version 1.4 2020.09.01
*** Please always make a backup of the existing indicator (the .ex5 file) before you make an update ***

- bug fix. Not mandatory of everything is already working as it should.
Version 1.3 2020.06.09
Recompiled (recommended by Metaquotes as of June 05,2020) to the new MT5 version 2485: https://www.mql5.com/en/forum/342948
Version 1.2 2020.06.04
- fixed an issue with lines sometimes not beeing drawn correctly for top/bottom break-outs
Version 1.1 2020.01.24
- added scanning for flag patterns (beta version)
- the alert text for the email alert is now in the body of the email alerts instead of in the subject
- added the possibility to insert a custom text to the pop-up (on-screen) alert
- added the signal price and time (right shoulder) to the end of the alert text for Head and Shoulder alerts