ABCD Pattern Scanner MT5

5

** All Symbols x All Timeframes scan just by pressing scanner button **

*** Contact me to send you instruction and add you in "ABCD scanner group" for sharing or seeing experiences with other users.

Introduction

This indicator scans AB=CD retracement patterns in all charts. The ABCD is the basic foundation for all harmonic patterns and highly repetitive with a high success rate.

The ABCD Scanner indicator is a scanner reversal ABCD pattern that helps you identify when the price is about to change direction. The idea is that you can buy when prices are low and sell when they are high. This indicator is easy to use with stop loss, entry point and take profits level. Entry point is based on checking candlestick pattern.

Main Features

  • Detect the best and most successful patterns : AB=CD, Perfect ABCD
  • Easy-to-use and user-friendly indicator
  • Scan all charts button ( Forex, Crypto, Indices and commodities)
  • Select and deselect time frames button for scan (M5,M15,M30,H1,H4,D1,W1,MN)
  • It displays and pushes notification stop-loss, entry-point and take-profit levels
  • Candlestick check for the best entry point
  • Method to choose how appearing pattern : breakout(after breakout) or pattern(in leg 4)
  • Use Fibonacci levels
  • Sending the alert, push and email notification
  • Alert enable/disable base on your setting time
  • Adjust the pattern setting

    Input Parameters

    =========Scanner============

    • Scan All Charts – Scan all chart and all time frames
    • Scan the number of candles – Amount of history bars to evaluate
    • Re-scan Timer – Re-scan all chart and all time frames after passing time
    • Method - choose how appearing a pattern : breakout(after breakout) or pattern(in leg 4 )

    =======Pattern Feature============

    • Pattern Feature(Period, Deviation, Back step) - Algorithm Parameters for pattern recognition
    • Error Rate – Maximum allowable error relative to pattern percentage
    • Wing length - Minimum distance between two legs in a pattern

    =======Display/style Options============

    • Display Options – Display or do not display Percentage Lines, TP&SL levels
    • Pattern, Percentage Line, Stop Loss/Take Profit levels and Breakout Style - Set the Fonts and colors of patterns

    ========ALERT SETTINGS ==========

    • Display Alert or Push Notification – Enable or disable Alert or Push Notification
    • How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
    • Alert Buffer Size – Maximum save alert to prevent duplicate alerts
    • Alert start/end time  – Determine trading hours based on the computer clock to activate and deactivate the alarm

      C Point Retracement       BC Projection
              0.382                          2.618
              0.50                            2.0
              0.618                          1.618
              0.707                          1.41
              0.786                          1.27
              0.886                          1.13

      **You can download related product : ABCD Pattern Scanner MT4


    Reviews 13
    ycLIM
    198
    ycLIM 2025.02.25 06:31 
     

    Support is good. After some support & adjustment to my computer, the EA start act promptly. With this indicator giving an alert, entry point, exit point, TP & SL, I had somehow make a profit to cover the cost of this EA. Worth the purchase.

    Ahmad Saad M Alzahrani
    132
    Ahmad Saad M Alzahrani 2025.01.23 04:59 
     

    Pattern detection is excellent. Trade setups have amazing RR, at least 1:2, but can be up 1:5 or higher. There are suggested TP but you can aim for the C or A level (based on the ABCD pattern trading strategy). The patterns are non-repaint (you can download them in the demo and use the strategy tester to check them yourself). Some of these will fail but this is part of trading.

    Nice Trader
    2853
    Aller Uja 2024.12.01 17:58 
     

    a good tool if you learn to use it and I recommend some additional confirm indicators, good support.

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    The Pips Stalker is a long short arrow type indicator, the indicator helps traders of all levels to take better decisions trading the market,the indicator never repaints and uses RSI as main signal logic, once an arrow is given it will never repaint or back paint and arrows are not delayed. MT4 VERSION <---- FEATURES OF THE PIPS STALKER ARROW : STATS PANEL a unique info dashboard that shows overall win rate % and useful stats such as max win and lost trades in a row, as well as other usefull inf
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    ycLIM
    198
    ycLIM 2025.02.25 06:31 
     

    Support is good. After some support & adjustment to my computer, the EA start act promptly. With this indicator giving an alert, entry point, exit point, TP & SL, I had somehow make a profit to cover the cost of this EA. Worth the purchase.

    Ahmad Saad M Alzahrani
    132
    Ahmad Saad M Alzahrani 2025.01.23 04:59 
     

    Pattern detection is excellent. Trade setups have amazing RR, at least 1:2, but can be up 1:5 or higher. There are suggested TP but you can aim for the C or A level (based on the ABCD pattern trading strategy). The patterns are non-repaint (you can download them in the demo and use the strategy tester to check them yourself). Some of these will fail but this is part of trading.

    Nice Trader
    2853
    Aller Uja 2024.12.01 17:58 
     

    a good tool if you learn to use it and I recommend some additional confirm indicators, good support.

    yod yoko
    61
    yod yoko 2024.09.15 09:07 
     

    good indicator and good support

    Reza Aghajanpour
    92912
    Reply from developer Reza Aghajanpour 2024.09.15 09:57
    Thank you for your positive feedback. It is my pride.😍🌹🌹🙏
    ⭐⭐⭐⭐⭐
    Taysir
    65
    Taysir 2023.10.31 11:50 
     

    Very good Scanner .The author is nice and supportive.I recommend both them.

    Ely Alsedy
    8580
    Ely Alsedy 2023.04.29 11:16 
     

    GREAT indicator works really well with supply and demand and daily pivot points

    channchan
    71
    channchan 2023.01.08 18:52 
     

    i use this indicator as part of my trading system and it is one of the best if not the best fib pattern indicators around. thank you Sir Reza

    SerroCrypto
    134
    SerroCrypto 2023.01.04 12:14 
     

    Great indictor.

    Alejandro Estan Fraga Salinas
    445
    Alejandro Estan Fraga Salinas 2022.12.23 23:52 
     

    Very good indicator! Over 80% success rate. I have already paid its cost with just one trade. I would like an EA based in this indicator.

    wuzzy66
    1008
    wuzzy66 2022.12.21 05:53 
     

    This indicator is very accurate it would boost your trading account good work by developer and very helpful

    xionglonghui
    104
    xionglonghui 2022.12.16 00:53 
     

    Hi there, could you combine ABCD Patterns Scanner to Harmonic Patterns Scanner, because ABCD Patterns is also Harmonic Patterns. I had bought both, but I still hope it is one scanner not two scanner, even if I can pay more money. This scanner is really good.

    BigJeff
    104
    BigJeff 2022.11.17 14:06 
     

    User didn't leave any comment to the rating

    greencastle94
    94
    greencastle94 2022.09.30 18:45 
     

    Good Indicator with very reasonable price.

    Reza Aghajanpour
    92912
    Reply from developer Reza Aghajanpour 2022.10.01 01:07
    Thank you for your positive feedback. It is my pride.😍🌹🌹🙏
    ⭐⭐⭐⭐⭐
    Reply to review