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Head and shoulders MT5

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Demo downloaded: 42

Published: 3 September 2021

Current version: 1.1

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Head and shoulders MT5

Indicators
Dmitry Fedoseev
Dmitry Fedoseev
Russia

76028
4.7 (68)
- https://dmffx.com
Новый вариант эксперта exp_iCustom - exp_iCustomNew в маркете: https://www.mql5.com/ru/market/product/5660

60 products 23 articles 152 codes 122 topics 20630 comments
Version: 1.1
Updated: 3 September 2021
Activations: 5

An indicator of patterns #24 and #26 ("Head and Shoulders") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.

Parameters:

Alerts - show alert when an arrow appears
Push - send a push notification when an arrow appears (requires configuration in the terminal)
PeriodBars - indicator period
K - an additional parameter that influences the accuracy of pattern shape recognition
ArrowType - a symbol from 1 to 17
ArrowVShift - vertical shift of arrows in pixels
ShowLevels - show levels
ColUp - color of an upward line
ColDn - color of a downward line.

Note. Arrows appear on a forming bar and do not disappear.

It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.

Recommended optimization parameters: PeriodBars.

more...

Screenshot #1 Head and shoulders MT5

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Библиотека для расчета формул. Формула задается строкой. Можно задавать формулу в строковой переменой в окне свойств. Формула может включать арифметические действия "+-/*" и все функции кроме MathRand(): abs(), arccos(), arcsin(), arctan(), sin(), cos(), tan(), exp(), log(), mod(), max(), min(), pow(), ceil(), sqrt(), log10(), floor(), round(). Кроме этого в формулу могут входить числа (если число дробные, то разделитель точка) и аргументы. Аргумент начинается с буквы "а" (латинская) и номера, н

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An indicator of patterns #13 - #20 ("Double Tops" and "Double Bottoms", types Adam-Adam, Adam-Eva, Eva-Adam, Eva-Eva) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Adam - sharp tops/bottoms, Eva - flat ones. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smalle

An indicator of patterns #2 and #3 ("Broadening formation right-angled and ascending" and "Broadening formation right-angled and descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the

An indicator of patterns #1 and #4 ("Broadening Tops" and "Broadening Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Version 1: bottom, top, bottom, top, top breakout. Version 2: top, bottom, top, bottom, top breakout. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) Variant1 - show version 1 of the pattern Variant2 - show version 2 of the pattern PeriodBars - indicator

An indicator of patterns #5 and #6 ("Wedges, ascending, broadening" and "Wedges, descending, broadening") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of arrow up СolDn - color of

An indicator of patterns #52 and #53 ("Falling/rising wedges") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show lines

An indicator of patterns #21, #22, #23 ("Flag") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - period in bars K - an additional parameter that influences the accuracy of pattern shape recognition. The influence of the parameter will be visible if not all of the pattern variants are enabled (not all three parameters Expandin

Gap indicator (pattern #23) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when working with 5 and 3 digit quotes. Note. Arrows appear at the

An indicator of pattern #30 ("Island Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski (two gaps, the second gap is in the direction of the first one). Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of an upward lin

An indicator of patterns #24 and #26 ("Head and Shoulders") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels Co

An indicator of patterns #28 and #29 ("Horn bottoms" and "Horn tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) BarsInsideFrom - minimum number of bars between the tops BarsInsideAdd - the number of bars between the tops can be in the range from BarsInsideFrom to BarsInsideFrom+BarsInsideAdd-1. If the value is -1, the number of

An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of an upward line ColDn - color of a downward line Auto5Digits - automatic multi

An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. The second gap is in the opposite direction. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - color of an upward line ColDn - color of a

An indicator of patterns #32 and #33 ("Measured Move Up/Down") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period MinMovment - minimum movement value (in points) BackMovment - maximum value of return movement (as decimals) ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points Sh

An indicator of patterns #35 and #36 ("Pipe bottoms" and "Pipe tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - An indicator period (number of bars that form a top/a bottom) K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accurac

An indicator of patterns #7 and #8 ("Bump-and-Run" and "Bump-and-Run Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - Character: from 1 to 17 ArrowVShift - vertical shift of arrows in points Show

An indicator of patterns #37 and #38 ("Rectangle Tops" and "Rectangle Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period VertexCount - the number of tops and bottoms: 2, 3, 4. ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show levels ColUp - colo

An indicator of patterns #11 and #12 ("Diamond Tops" and "Diamond Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points Note. Arrows

An indicator of patterns #39 and #40 ("Rounding Tops" and "Rounding Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. Changes from 0 to 1 ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows

An indicator of pattern #49 ("Triangle, symmetrical") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points ShowLevels - show lines ColUp - c

An indicator of patterns #47 and #48 ("Triangle, ascending" and "Triangle, descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accuracy of pattern shape recognit

The indicator determines Dragon pattern. It is based on the zigzag. There is buffer 0 which has no color located in the Colors tab. You will see the zigzag if you set it to some color. The indicator draws an up arrow when it detects a pattern which assumes further upward movement of the indicator. Similarly, the indicator draws a down arrow when it detects a pattern which assumes further downward movement of the indicator. Parameters: Alerts - show alert when an arrow appears. Push - send a pus

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