Advanced Chart Patterns Tracker

5

NO REPAINT ADVANCED CHART PATTERN INDICATOR


By definition, a price ( chart)  pattern is a recognizable configuration of price movement that is identified using a series of trendlines and/or curves.

When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause.

Advanced Chart Pattern Tracker is designed to find the MOST ACCURATE patterns. A special script is added to eliminate the LOW ACCURACY pattterns.

Apart from patterns such as Flag, Wedge and Triangle, it is designed to find Harmonic Patterns breakdowns with more advanced Elliott Wave calculations.


List of the classical chart patterns :

DOUBLE TOP

DOUBLE BOTTOM

RISING WEDGE

FALLING WEDGE

BROADENING WEDGE

SYMMETRICAL TRIANGLE

ASCENDING TRIANGLE

DESCENDING TRIANGLE

HEAD AND SHOULDERS

FLAG PATTERNS / PENNATS


Advanced Harmonic Waves  Patterns:

5TH CYCLE PATTERN

BLACK SWAN RUN PATTERN

CYCLE REVERSAL PATTERN

ABCD BREAKOUT


INPUTS:

ZZ Inputs Recommnded Depth Deviation Backstep : 12 5 3 and 21 16 8

Note: For the patterns with smaller targets and stop loss 5 5 3 and 7 5 3 are recommended

Color of Pattern Lines : Color of the ZZ Legs

Color of Trend Lines : Color of the trendlines of the pattern to watch the potential breakouts.

Color of Entry, Targets and Stop Loss can be changed.Depending on the pattern's structure more than one target can be seen. ( TP1 TP2 and/or TP3)

Structural Stop Loss is mentioned by SL Line. ( You can set different color for SL )


Dots on the chart refer to the pattern which is potentialy forming. Level of those dots can be changed or they can dissappear.

By moving the cursor on the dot, you will be able to read the type of the pattern which is being formed.

Arrows appears as soon as price breaks and closes above/below the pattern's line.

When you see the arrow, it means that pattern is active .

Alert will come when a pattern is being formed and when it becomes activated.


  • Indicator is very user friendly.
  • No Repainting
  • Works on everytime and every instrument.
  • Very High Accuracy
  • Apply the indicator onto the chart and select the type of chart patterns you wish to track. 
  • Full Alert options including mobile alerts.


Structural targets and stop loss levels are drawn on the chart for the patterns.

After checking the risk/reward ratio,  you can trade easily and with high accuracy.


Note: Since the indicator reads big data, it is not recommended to change "number of bars" or set bigger than "300"


Videos : https://www.mql5.com/en/blogs/post/747357


For further questions, please conctact us!

AFTER PURCHASING  THE INDICATOR YOU WILL RECEIVE FOLLOWING BONUSES: ( VALID FOR 1 YEAR RENT OR LIFE TIME PURCHASING )

- SCANNER AND DASHBOARD FOR ADVANCED CHART PATTERN TRACKER   (MULTI-TIMEFRAME AND MULTI INSTRUMENTS)

- RSI QQE 

- CYCLE SNIPER PEAK FILTER




Reviews 4
Khalid Hamdan
1071
Khalid Hamdan 2023.09.10 06:13 
 

Excellent

Ms Pauline Ainsley
355
Ms Pauline Ainsley 2023.01.03 23:15 
 

5 Star rating. What a superb addition to my arsenal. Elmira's indicators are fabulous. His Cycle Sniper is simply incredible too. It paid for itself in one day trading XAUUSD. There are several training videos to watch, so as he advises, please watch them if you want to succeed.

Dynamite First day of 2023 trading.

Thanks for the super indicators.

PJ

FaribaOstovar
34
FaribaOstovar 2021.07.05 23:50 
 

Excellent tool for identifying all the patterns and trends. By setting different values for Zig Zag setting you can see different patterns for lower or higher Time Frames. Once you identify the pattern, it will give you entry levels taking into account the Moving Average confirmations or breakout lines.

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This is the MT5 version of Extreme Reversal Sniper MT4 Indicator Extreme Value Sniper is a detrended price indicator Indicator finds the potential reversal levels by checking value ranges and price cycles. ***Indicator does NOT repaint so it provides accurate NO REPAINT REVERSAL SIGNALS***  MT4 Version of the Indicator:  https://www.mql5.com/en/market/product/114426 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are
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Khalid Hamdan
1071
Khalid Hamdan 2023.09.10 06:13 
 

Excellent

Ms Pauline Ainsley
355
Ms Pauline Ainsley 2023.01.03 23:15 
 

5 Star rating. What a superb addition to my arsenal. Elmira's indicators are fabulous. His Cycle Sniper is simply incredible too. It paid for itself in one day trading XAUUSD. There are several training videos to watch, so as he advises, please watch them if you want to succeed.

Dynamite First day of 2023 trading.

Thanks for the super indicators.

PJ

lauro1956
5752
lauro1956 2021.11.04 21:29 
 

User didn't leave any comment to the rating

FaribaOstovar
34
FaribaOstovar 2021.07.05 23:50 
 

Excellent tool for identifying all the patterns and trends. By setting different values for Zig Zag setting you can see different patterns for lower or higher Time Frames. Once you identify the pattern, it will give you entry levels taking into account the Moving Average confirmations or breakout lines.

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