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Fibonacci Patterns SCOUT

99 USD

Demo downloaded: 99

Published: 22 March 2020

Current version: 2.9

Fibonacci Patterns SCOUT

Item: Fibonacci Patterns SCOUT
Rating: 5
Author: Andrzej Banowicz

Utilities
WaltSoft
Version: 2.9
Updated: 21 May 2023
Activations: 10

The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table.
The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once.
It refreshes every second and alerts you when it finds a new pattern.

Clicking on a Pair-Time Frame combination will open the relevant chart and displays the patterns which you then can trade manually.
Take Profit Targets TP1, TP2 and TP3 as well as where to place a Stop Loss are displayed with each pattern.

The arrows next to the name of the pairs indicate the overall direction to trade on that pair by means of all the harmonic patterns it found on all chosen time frames.
More info on that in the user guide.

Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage.
As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern.
Such an early warning is priceless because it gives you plenty of time to prepare yourself for the trade.
You might even trade towards the D-point.

The WaltSoft Fibonacci Patterns SCOUT distinguishes itself from similar and often more expensive tools by its accuracy, speed, clarity and ease of use!

Important!

You also need the "Fibonacci Patterns INDI" which can be downloaded here.
Download the User Guide for Installation instructions.

The Fibonacci Patterns Scout will NOT run in the Strategy Tester!

Settings

Pairs = "EURUSD,USDJPY,GBPUSD,USDCHF,USDCAD,AUDUSD,NZDUSD", Max 28, separated by comma.
Time Frames = "M15,H1,H4,D1,W1,MN", Max 9, separated by comma.

Patterns to Scout

Stage 1 Patterns
Stage 2 Patterns
Completed Patterns
---
Gartley
Butterfly
Shark
Crab
Crab
Bat
Bat
5-0
New Cypher
Quasimodo
Navarro 200
Leonardo
Black Swan
White Swan
Nen Star
Sea Pony
----
Custom Pattern
Name Custom Pattern
min XB
max XB
min AC
max AC
min BD
max BD
min XD
max XD
SL
TP1
TP2
TP3

Following settings groups are self-explanatory

PANELS DISPLAY
PANEL Pairs & Time Frames
PANEL Patterns Change List

Enjoy,

Walter

more...

1305

Andrzej Banowicz 2021.05.11 16:34 #

A very interesting project. I tried the first day, but so far no complaints. I will refer to a previous negative entry made by some coward who did not even specify which formation is not working properly. Either he is too stupid to use this indicator, or he is a malicious malcontent. I think the author would have no problem correcting this type of error. This is what we are here for, to act together. I hope will add one more star in few days.

Five STARS!

Walter work on some colours sets, for white, grey, black chart backgrounds. Some colours, patterns, texts are not visible as it can be

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Looking for more detailed price action? Is trading M1 charts just not enough? The WaltSoft Tick indicator draws every incoming tick! In addition to that: It draws your open positions, complete with Order Number and Lot Size. It draws your TP and SL. It calculates and displays your current profit or loss in points, money and percent. It displays the current spread. It displays the average spread. This handy indicator will enhance your scalping strategies! Settings (most settings need no explana

30 USD

95 USD

The WaltSoft Log Spread Indicator will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Meant to be used on a life chart, but can be used in the Strategy Tester. However, an Indicator in the strategy Tester will always run in visible mode, so the test could take a longer time. If you want quicker results in the Strategy Tester then you can download the free EA version here: https://www.mql5.com/en/market

30 USD

The WaltSoft Log Spread EA will log the Average Spread on the chosen Interval and create a .csv file in the MQL4/Files folder or when testing in the tester/files folder. Typical use Meant to be used in the Strategy Tester to check the spread on the history data. If you are testing an EA with the Tick Data Suite on downloaded history data with variable spread, then you have no clue if the spread from 10 years ago is the same spread you have today on the same pair, and so you may want to adjust

30 USD

The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once. It refreshes every second and alerts you when it finds a new pattern. Clicking on a Pair-Time Frame combination will open the relevant chart and displays the patterns which you then can trade manually. Take P

99 USD

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Andrzej Banowicz 2021.05.11 16:34 #

Five STARS!

Walter work on some colours sets, for white, grey, black chart backgrounds. Some colours, patterns, texts are not visible as it can be

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Reply from developer Walter Abrahams 2021.05.14 16:55 #

Thank you Andrzej!
I think it is a very intuitive tool, but if you happen to have any questions I'll be glad to help.
Most if not all is explained in the accompanying pictures.
And of course there is the user guide 😉 Meanwhile, on your request, I have updated the Fibonacci Patterns INDI with the setting "Color Scheme" to choose between "Use below colors" or "Colors for light background".
for MT4: https://www.mql5.com/en/market/product/47533 for MT5: https://www.mql5.com/en/market/product/47567

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mohdhm 2020.09.18 07:14 #

One of the patterns is incorrect. what a joke.

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Reply from developer Walter Abrahams 2021.02.06 10:53 #

So which pattern do you think is incorrect?
Or are you simply saying this to bring "your competition" in discredit?
I have been involved in harmonic patterns for 10 years already, so I'm sure that I got all patterns correct!

Version 2.9 2023.05.21

Changed pattern names back to original.

Version 2.8 2021.02.13

- Added Targets to Patterns: Stop Loss (SL), Take Profit 1 to 3 (TP1, TP2, TP3) and added those settings for the Custom Pattern
in the Scout.
Therefore the Fibonacci Patterns INDI also got a few new settings:

- Draw Targets = YES/NO
- Kind Of Line = Trend Line/Horizontal Line
- Size Target Lines (bars) = when Trend Line was chosen in previous setting
- Style Target Lines = Solid/Dash/Dot ...
- Width Target Lines = Only effective when "Solid" was chosen in previous setting
- Font Size Pattern Name at Targets = 10
- Add Points to Stop Loss (SL) = 10

- Clicking on the Number of Found Patterns in the list (of Scout), will now highlight the relevant Buttons which makes it easier
to find the pairs/time frames with that Pattern.