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M W Pattern Pro

89.99 USD

Demo downloaded: 735

Published: 2 June 2021

Current version: 1.6

M W Pattern Pro

4.14

Indicators
Nesimeye Oswald
Version: 1.6
Updated: 1 July 2023
Activations: 10

M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable.
The indicator can be used with all symbols and time frames.
The indicator is a non repaint indicator with accurate statistics calculations.
To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels.

STATISTICS :

Accuracy 1 : This is the percentage of the times price hits TP1 before it hits stop loss.

Accuracy 1= (Total TP1 Hit /Total signals )*100

Accuracy 2 : This is the percentage of the times price hits TP2 before it hits stop loss.

Accuracy 2= (Total TP2 Hit /Total signals )*100

Positive 1 : This is the percentage of the times price hits TP1.

Positive 2 : This is the percentage of the times price hits TP2.

Negative : This is the percentage of the times price hits stop loss (SL 2) .

Days : The number of days scanned in the historical data.

SL 1 vs. SL 2

SL 1 : Sl1 1 is the first stop loss and it is meant for exiting trades after a partial profit has been taken. When you close a trade partially at TP1 or TP2 , then place stop loss at SL 1 to reduce risk.

SL2 : SL2 is the final stop loss for all trades and should serve as the risk factor in every trade.

INPUT MENU SETTINGS

Pattern History : This is the range of historical bars scanned. This number affects how fast the indicator loads , the larger the number , the slower the indicator loads.
Pattern Amplitude : This is basically the most important setting for this indicator. It affects both the accuracy and number of daily signals . For a more filtered signal with less noise, this number should be increased . But if you want to see more signals, then the number should be reduced but the more the signals , the more the noise.

more...

150

rhendin 2023.10.20 12:37 #

This is an absolutely fantastic indicator – one of the best I have ever seen. The freezing problem has definitely been fixed. The winning percentages are very good on certain pairs. I recommend only using it on the majors. I am currently chatting with the creator to see if this can be the basis of an EA. Sometimes, by the time you enter the trade, much of the move as already happened. Auto entry with an EA will fix that problem. Also, to make the percentages work in your favor, you need to be available to enter every trade. An EA will make that possible.

SQUIRE1984 2022.06.13 00:26 #

as close to the holy grail of strategies i've found...

177

Dag Ra 2021.11.18 17:08 #

love it,still testing but first day on gold and 1200 pips just like that no losses.i will test it more ,will change info if someting changes.

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This free version can only be used for GBPUSD M15 chart . To use on all time frames and pairs , Get Pro Version The swing continuation pattern happens in a trend direction after a short reversal / pull back . As the name suggests , these patterns occurs along the swing high and swing lows of a trend , this makes the patterns very low risk patterns with potential high rewards . The swing continuation indicator also combines Currency Meter as a filter for its execution. The idea is to go with

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Most of the time, market reversals / pull backs usually follow volume and price spikes thus these spikes could be the first indication of an exhaustion and possible reversal/pullback. High volume Turns is an indicator that scans the market for price and volume spikes around over-bought/over-sold market conditions. These spikes when spotted serves as the first indication of reversal/pullback. Note : Though it seems ok now but this is a system that is still under development. We have made it p

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M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hit

89 USD

The Volatility Ratio was developed by Jack D. Schwager to identify trading range and signal potential breakouts. The volatility ratio is defined as the current day's true range divided by the true range over a certain number of days N (i.e. N periods). The following formula is used to calculate the volatility ratio: Volatility Ratio (VR) = Today's True Range/True Range over N number of days To calculate the volatility ratio, the true range is calculated using the following formula: Today's True

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The popular saying in forex "The Trend is your friend" has always stood the test of time because it is valid statement for every generation of traders and in every market. Most successful traders do not fight against the trend but lend to flow with it. Sometimes finding the best pair to trade can be a daunting task even when you have a good strategy . Some strategies works well with trending markets and some don't . So the question is how can you easily spot trending pairs without any hass

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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 ,

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WOLFE WAVE PATTERNs First discovered by Bille Wolfe . The wolfe wave is a 5 wave price action pattern that is formed by supply and demand in a market and the fight to reach equilibrium in the market . The entry spot of the pattern is defined by the breakout of the trend created by wave 1 and wave 3 . This pattern forms in any market where there is supply and demand thus it can also be used to trade commodities and stocks. Wolfe Waves are reversal patterns that usually carry a low risk margin. P

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Flag Pattern pro is a Price Action (PA) analytical tool that scans the continuation patterns known as "Flag and Pennant Patterns" . Flag and Pennant patterns are continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the flag pole and the retracement is called the flag. Indicator Fun

89 USD

Note : The slow loading of the indicator issue has been addressed . This new version loads fast and does not slow the platform. Version 1.3 : We have updated the indicator to include an historical bar scanning option . So instead of scanning all bars in the history (which can make the indicator slow sometimes ) , you can select the maximum number of bars it can scan which can increase the performance and make the indicator faster. This indicator scans the 1-3 Trendline pattern . The indic

89 USD

Camarilla Pivots Historical plots the historical data of the camarilla pivot point levels on the chart. The Camarilla Pivot levels was originated in 1989 by Nick Scott. The levels are used as primary support and resistance levels by Intraday traders. The levels are calculated with the following formula: R4 = C + RANGE * 1.1/2 R3 = C + RANGE * 1.1/4 R2 = C + RANGE * 1.1/6 R1 = C + RANGE * 1.1/12 PP = (HIGH + LOW + CLOSE) / 3 S1 = C - RANGE * 1.1/12 S2 = C - RANGE * 1.1/6 S3 = C - RANGE * 1.1/4 S4

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Momentum channel is a simple momentum based system yet with a great degree of accuracy in detecting turning points. The market momentum are defined by Average True Range Channels . When price breaks these channels most times , it is an indication of a shift in market momentum and thus a possible new trend formation. The system can be traded on any time frame and symbol and can also be used to trade commodities and stocks. INPUT MENU ATR_Period : Average True Range Momentum Period ATRMultip :

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79 USD

Ask any successful forex traders the secret of their success and they will tell you that the first key to a successful forex trading is proper trade management. Trade management is what differentiates the rookie from the pro in Forex. While the rookie trades based on emotions and greed, the pro trades based on certain logic and rules . These logic and rules are all embodied in a successful Trade Management System. Advanced Trade Manager is a combination of different trade management systems desi

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Pivots Dashboard is the single most complete instruments set for Pivot Points trading currently available in the market. We have done a comprehensive research prior to the product design to make sure that this product meets every need of Pivot Point trading. Pivots Points are significant levels technical analysts can use to determine directional movement and potential support/resistance levels. Pivot Points are thus predictive or leading indicators. While the points were originally used by floor

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Version 1.6 ! Volume Strength 28 is better , easier to use and more awesome ! Based on complaint we got from the reviews, we understood many don't know how to really use the time frame setting on the input menu thus they have complaints of volatility, thus we have designed an Automatic Time Frame selection system that is suitable for novice traders.! The design of the indicator has been changed along with some calculation metrics. Based on complaints of high volatility we have been getting ,we h

79 USD

89.99 USD

Filter:

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rhendin 2023.10.20 12:37 #

539

Kenny Michael Smith 2022.08.05 20:39 #

DO NOT BUY ... BUGS OUT AND FREEZES MT4 DOES NOT WORK

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Reply from developer Nesimeye Oswald 2022.08.08 11:15 #

Please download and use the new version . You should have contacted me to resolve before posting review . It is working for so many people , so if it isn't working on your platform, you contact the author . I have sent you a private message , you can also check the comment section to see the solutions I have offered others

SQUIRE1984 2022.06.13 00:26 #

as close to the holy grail of strategies i've found...

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Tim Rijnbeek 2022.04.20 16:12 #

For me it would be nice if there were an alarm that says,,pattern formed'' or something even before the arrow shows up , because in my opinion by the time the arrow and pattern appear , the potential of true profit move was allready made.

Also you can not run this indicator t on multiple charts without LAG and the whole terminal practicly freezing.

I like the idea and with all the respect for the author, it is simply not for me.

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Reply from developer Nesimeye Oswald 2023.07.01 12:25 #

With the latest version , there is no issue of platform freezing at all , we have greatly optimized to use less resources . Kindly use the latest version and update your review

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Dag Ra 2021.11.18 17:08 #

love it,still testing but first day on gold and 1200 pips just like that no losses.i will test it more ,will change info if someting changes.

DiegoN33 Mendes 2021.08.30 16:31 #

Excellent indicator! Exceptional customer service! Congratulations on the job well done!

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Reply from developer Nesimeye Oswald 2021.09.01 11:38 #

Thank you sir. Really appreciate

Lou Nu 2021.08.16 11:57 #

This indicator helped me look for my best setup. Eventually, allow me to look for my best entry on the trade with the assist of this added confirmation. I don't have to look hard for M and W pattern, so it does not strain your eye after looking at the chart for a long time. The M&W pattern pro gives out signal to your PC and mobile device on your MT4 app which is more added more confirmation to help you look at your chart. Not every pair will be a good setup, so you have to do your own analysis, Nesimeye the author and programmer of this product have been very transparent in communication in any questions you may have, so it's good to know the author will help answer any questions you may have regarding the product in a timely manner. - Lou

Version 1.6 2023.07.01

Fixed a minor bug with the prior version

Version 1.5 2023.05.15

Statistics dashboard changed

Version 1.4 2023.04.07

We have redesigned the Dashboard completely . The Dashboard now comes with some new exciting Statistics . Along with the pattern accuracy . The Dashboard also displays the Net Profit for TP1 and TP2 . The net profit is calculated as : (Total Profit - Total Loss)

Version 1.3 2022.10.11

We have upgraded the load time to make the indicator work faster and use less computer resources

Version 1.2 2022.08.07

This version has been updated to solve platform freezing issue. The issue is caused when an Mt4 platform does not come with a default indicator which is used by this indicator. This default indicator has now been coded directly into the indicator to prevent freezing .

Version 1.1 2021.06.09

Dashboard Control Updated. Dashboard can now be shown or hidden