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  • Reviews (6)
  • Comments (28)
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M W Pattern Pro

4

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.





Reviews 6
SQUIRE1984
74
SQUIRE1984 2022.06.13 00:26 
 

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

Dag Ra
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.

DiegoN33 Mendes
65
DiegoN33 Mendes 2021.08.30 16:31 
 

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

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This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of 144 90 and 52 . And square of 9 With method by Dr.hamada salam about square of 9 and its relations with channel and star of that square User Manual: Add Your review And contact us to get the user manual You Can Buy Full MT5 Version From: https://www.mql5.com/en/market/product/28669 You can test on MT4 For free : https://www.mql5.com/en/marke
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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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Filter:
easepz
104
easepz 2022.08.05 20:39 
 

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

Nesimeye Oswald
141836
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
74
SQUIRE1984 2022.06.13 00:26 
 

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

Tim Rijnbeek
1163
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.

Dag Ra
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.

DiegoN33 Mendes
65
DiegoN33 Mendes 2021.08.30 16:31 
 

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

Nesimeye Oswald
141836
Reply from developer Nesimeye Oswald 2021.09.01 11:38
Thank you sir. Really appreciate
Lou Nu
58
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

Reply to review
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