Pattern 5W Scanner

3.8

  • Contact me after payment to send you the User-Manual PDF File.

5W Pattern introduction

The 5W pattern occurs when the price forms an alternating 5-wave cycle with its volatility.
In fact, the 5W pattern is a price series of alternating HH or LL (higher high or lower low), which is the main characteristic of a trend.
The pattern of 5W should have the characteristic of non-overlapping waves, also the points of the pattern are usually formed in Fibonacci levels.
The completed pattern of 5W actually signals an imminent price reversal.
At the end of this pattern, by observing reversal signs such as divergence or the signal of a momentum indicator, a position can be taken.


The 5W Pattern Scanner Indicator

It is usually difficult for a trader to recognize classic patterns on a chart, as well as searching for dozens of charts and time frames will take time, and there is also a possibility of a trader's mistake in calculations.
This indicator can automatically search all charts and time frames to find possible patterns in seconds.
Also, this indicator has a useful option to detect divergence at the end of the completed pattern, which can be a strong sign for price reversal and increase accuracy and success rate.
Searching, Fibonacci calculations, and pattern recognition are completely the responsibility of the indicator; All you have to do is "press the scan button".


How To Trade?

All parameters necessary to enter the trade are calculated, such as entry point, stop-loss, and take-profit.
By observing the signal and deciding to trade, we enter the trade with the "set and forget" method.
Reviews 13
rainwalker123
3430
rainwalker123 2023.05.01 19:09 
 

Very good signals and brilliant indicator.

lisi 7887
1725
lisi 7887 2023.02.11 14:04 
 

I think he will help ...

Jack Hudson
260
Jack Hudson 2023.02.08 18:00 
 

Just like the other Indi (RSI Full) from Mihails this is also another excellent tool I can add to my trade plan(s)...........Plus his support is outstanding. Great guy doing great work for very low cost. And trust me, I've bought plenty over the years that were nothing but junk.

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Unlock powerful breakout opportunities The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ]
Market Makers
Mohamed Hassan
5 (4)
Indicators
After purchase, contact me privately to receive 1 month of free testing with EA Forex Proton! This advanced MT4 trading robot automatically executes signals from any MT4 indicator, including Market Makers. The latest version also includes AI integration, allowing each trade signal to be analyzed using Artificial Intelligence. Live Signal with EA Forex Proton: Click here Market Makers is a powerful price action trading system designed to identify high-probability Buy and Sell opportunities based
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Contact me after payment to send you the user manual PDF file. Monitoring the EA in real time: Signal 1 Full Automated trading robot, for the first time on the market, an Expert Advisor is designed based on divergence. Using divergences is one of the most common and practical trading methods. Because we see a divergence in most places where there is potential for price return. Diagnosis and trading based on them has a higher efficiency than many methods based on static indicators. You can downl
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Contact me after payment to send you the User-Manual PDF File. Triangle Pattern Sometimes the price cannot make higher highs or lower lows and it moves in a converging price range and waves are shorter than before until the movement creates a geometric shape of a symmetrical triangle, which indicates It is maybe the end of the trend. The triangle pattern is a well-known in forex and the trading plan and strategy of many traders is based on it. The Triangle Pattern Scanner Indicator It is usu
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Contact me after payment to send you the User-Manual PDF File. Divergence detection indicator with a special algorithm. Using divergences is very common in trading strategies. But finding opportunities for trading with the eyes is very difficult and sometimes we lose those opportunities. The indicator finds all the regular and hidden divergences. (RD & HD) It uses an advanced method to specify divergence. This indicator is very functional and can greatly improve the outcome of your trading. Thi
Volume Profile Fixed Range MT5
Mihails Babuskins
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Contact me after payment to send you the user manual PDF file. Download the MT4 version here. Volume Profile Indicator A functional and useful tool that can improve your trading plan. This indicator calculates volume in price levels(typical volume indicator shows only candle volumes). With the volume of price levels, you can identify important areas that have the potential to reverse. You can also see the volume of support and resistance levels and decide on them. Using volume profiles along
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Calculation of Lot Size for many traders is a big challenge. A case that is very important in money management. What many traders ignore. Choosing an appropriate Lot Size in trades can improve results and it will ultimately lead to success. This indicator calculates the authorized Lot Size for your trades. The indicator uses the following values to get the appropriate Lot Size for positioning: The distance of Stop Loss. The Pip Value. The amount of Risk Allowed For Each Trade. The amoun
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Advanced Divergence Scanner
Mihails Babuskins
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Contact me after payment to send you the user manual PDF file. Download the MT4 version here. Unlocking Trading Insights Dive into the heart of market dynamics with Advance Divergence Scanner designed for traders seeking a competitive edge. The Divergence Indicator is your key to identifying crucial divergences across various charts, empowering you to make informed decisions in the dynamic world of financial markets. The Divergence A Divergence signals a potential reversal point because directi
Waves Follower
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Contact me after payment to send you the User-Manual PDF File. This indicator gives a signal when the probability of starting a trend is high. To calculate entry points, it uses a combination of some indicators like "Moving Average", "ADX", RSI with support and resistance points. This indicator is a trend follower and it doesn't determine that TP because it is not necessary, it uses the stop-loss trailing system (Of course, the indicator determines the SL, but you have to move it yourself becau
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Mihails Babuskins
4.2 (5)
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harmonic patterns   Harmonic patterns can be used to spot new trading opportunities and pricing trends – but only if you know exactly what you are looking for. Harmonic patterns are formed by combining geometric shapes and Fibonacci levels. As a result, Fibonacci levels are the key concept of these patterns. Identifying harmonic patterns requires more practice than other market classical patterns. But by learning these patterns, you can recognize the future trend of the price chart. These patter
One Click Trade Assistant
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Utilities
See my other products here. One Click Order This product helps you to send your order as quickly and easily as possible. Send your order as fast as possible: Just set your position parameter values(Price, TP, SL, Ex Date) with just a few simple mouse drags. On the other hand, the calculation of the losses and profits value before ordering is always a big challenge for traders; This expert is very useful in taking a position and calculating the amount of the stop loss/the take profit(in the curr
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Download directly the indicator file here. (if you can't open on MT4) MACD Indicator is one of the most popular momentum indicators among users. Searching and detecting MACD signals by the eye may not be easy. Scan Full Charts Dashboard Indicator with simple user interface and search customization panel saves time and scans all charts for MACD signals search and notifies the user with high accuracy. After finding the signal, the user was aware of the result by alerts and notifications. This ind
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RSI Signal Scanner The primary trend of the stock or asset is an important tool in making sure the indicator's readings are properly understood. For example, some of the technical analysts, have promoted the idea that an oversold reading on the RSI in an uptrend is likely much higher than 30%, and an overbought reading on the RSI during a downtrend is much lower than the 70% level. This indicator notifies you of RSI important levels breakouts (30% and 70%) by searching among the symbols and chec
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Sometimes a trader needs to know when a candle will close and a new one appears to make the right decisions, this indicator calculates and displays the remaining of current candle time . It is simple to use, just drag it on the chart. Please use and express your opinion, expressing your opinions will promote the products. To see other free products, please  visit  my page.  
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RSI Divergence Full   +10 other divergence indicators Contact me after payment to send you the User-Manual PDF File. Download the MT5 version here. Also you can download the >>>  Hybrid Trading EA  <<< that is designed and implemented based on RSI Divergence Indicator. RSI is a pretty useful indicator in itself but it's even more effective when you trade divergence patterns with that. Because the divergence signal of the RSI indicator is one of the most powerful signals among the indicators. Di
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Ichimoku Signals Dashboard To test the indicator please download demo version  here. Find Ichimoku signals as easy as you can. Ichimoku is one of the most powerful trends recognition indicators. And it has valid signals for the trades. This indicator scans several symbols and time-frames by the Ichimoku to find all the signals that you want and show in a dashboard. It's easy to use, just drag it onto the chart. It's better to add  Ichimoku indicator  to chart before adding this indicator. Ichimo
Currency Strength Gauge
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Currency Strength Gauge incicator The currency strength gauge is an indicator to measure of the strength or weakness of currencies in the Forex market. Comparing the strength of currencies in a graphic representation will lead to a good overview of the market and its future trends. You will see in a graphic chart both the strength of the currencies and their correlation, and this will help you in your decisions to get better trades.   -To easy detection of over Overbought and Oversold points,
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Indicators
Contact me after payment to send you the User-Manual PDF File. ADVANCE PRICE ACTION TRADING CONCEPT. To test the indicator, you can download the demo version on my product list. it’s free (only shows patterns that have occurred in the past of the market). Quasimodo is  a reversal trading pattern  that appears at the end of an uptrend. As a price formation, the Quasimodo pattern is depicted by three peaks and two valleys, where: First, the middle peak is the highest, while the outside two peaks
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Contact me after payment  to send you the  User-Manual PDF  File. Volume Profile Indicator A functional and useful tool that can improve your trading plan. This indicator calculates volume in price levels(typical volume indicator shows only candle volumes). With the volume of price levels, you can identify important areas that have the potential to reverse. You can also see the volume of support and resistance levels and decide on them. Using volume profiles along with   Price Action   and  
Advance 123 Pattern Scanner
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Contact me after payment to send you the User-Manual PDF File. How To Test You can test the indicator by free version, to get the free version please contact me   (  the free version scans charts in W1 and MN1 time-frames )  it's free. 123 Pattern Breakout Trend is your friend, trade along the trend, but how do we identify trends? Sometimes the simplest methods have the best results. Pattern 123 is based on the breakout important price levels, when the price is trying to break the previous h
Harmonic Patterns Scanner MT4
Mihails Babuskins
5 (1)
Indicators
Contact me after payment to send you the User-Manual PDF File. Harmonic Trading The secret is the Fibonacci. It has been proven in the markets that price always reacts to Fibonacci levels. Fibonacci levels are one of the most important indicators of price changes. Sometimes the sequence of reactions to these levels in the chart make geometric shapes, which are called harmonic patterns. The price creates harmonic patterns with its fluctuation and reaction to Fibonacci levels. Harmonic patterns c
Double Top Double Bottom Pattern Scanner
Mihails Babuskins
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Contact me after payment to send you the User-Manual PDF File. Double Top/Bottom Pattern Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis are used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns. Searching for this pattern among the cha
Greedy Red
Mihails Babuskins
4.34 (29)
Experts
Contact me after payment to send you the user manual PDF file Real monitoring signals:    Please see links on my profile Greedy Red is an Expert Advisor is designed based on Volume Profile FR . Volume Profile FR  calculates volume in price levels (typical volume indicator shows only candle volumes). With the volume of price levels, you can identify important areas that have the potential to reverse. You can also see the volume of support and resistance levels and decide on them. Greedy Red(GR)’
Dynamic Moving Average DMA
Mihails Babuskins
Indicators
Contact me after payment to send you the user manual PDF file. Introduction The moving average indicator is the most well-known and one of the most popular indicators among traders. It is very simple to work with, but a basic question has always become a big challenge among traders: What is the most optimal setting of the moving average for each chart-time frame? The answer to this question is very difficult, you have to try different settings of the moving average indicator for different chart
Wolfe Wave Pattern Scanner
Mihails Babuskins
5 (1)
Indicators
Contact me after payment to send you the user manual PDF file. Introduction Introducing the Wolfe Pattern Indicator, a powerful tool designed to help traders identify and capitalize on the elusive Wolfe Pattern in financial markets. This innovative indicator uses advanced algorithms to scan for the Wolfe Pattern in all symbols and time frames, providing traders with a unique edge in the market. How to trade with the Wolfe Pattern The Wolf Pattern is a rare and lucrative trading opportunity that
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Adeshola Adeyinka
844
Adeshola Adeyinka 2024.06.08 17:58 
 

Hello, I just bought the indicator, could you please send the manual.

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2024.06.08 20:52
Hello, 🌺☘️.
I sent the user guide PDF file to your PV, please check.
NN
1084
NN 2023.07.19 22:35 
 

Be aware!!!!!

Do not waste your money! I trusted the reviews for the "5W Indicator" and decided to purchase it. Unfortunately, this indicator generates false signals consistently and only produces signals every few weeks, as I can tell from looking back at its history. I cannot recommend this indicator at all! It’s the worst paid indicator I have ever used. It's best not to trust these reviews, as many of them seem to be from customers just asking for the manual. -

Look! This is just 1 example that shows a wrong Signal!

https://www.mql5.com/en/market/product/93517?source=Site+Profile+Seller#!tab=comments&page=2

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.07.19 23:40
You asked me to give you another product for free and because you get a negative answer so you put this negative comment.
I will not ransom anyone. I'll complain you to mql5.com moderators.
👉🏿 See screenshots of this user here: https://ibb.co/88pgfP6
REDA REZKALLA IBRAHIM YOUSSEF
325
REDA REZKALLA IBRAHIM YOUSSEF 2023.06.12 01:01 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.06.16 19:56
Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.
pejon9999
422
pejon9999 2023.06.11 08:20 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.06.11 10:58
Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.
AIMED83150
20
AIMED83150 2023.06.07 16:50 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.06.09 10:47
Thank you. 🌺🙏☘️
MarcoEA
138
MarcoEA 2023.05.31 16:09 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.05.31 16:44
Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.
rainwalker123
3430
rainwalker123 2023.05.01 19:09 
 

Very good signals and brilliant indicator.

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.05.02 16:08
Thank you. 🌺🙏☘️
Eduardo
384
Eduardo 2023.04.19 18:44 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.05.01 16:23
Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.
McGavern Vue
160
McGavern Vue 2023.03.07 03:05 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.03.07 04:39
Thank you. 🌺🙏☘️
Turn off the alert and use push notification or email notification(to get a signal once).
sofrito
285
sofrito 2023.02.27 00:22 
 

Hola Mihails, acabo de comprar tu indicador, de momento escanea pero no veo gráfico ninguno,. Puedes psarme el PDF de funcionamiento? Gracias

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.02.27 09:33
Thank you. 🌺🙏☘️
And I sent the user-manual PDF file to your PV, please check.
elite luis
3481
elite luis 2023.02.17 04:35 
 

User didn't leave any comment to the rating

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.02.17 19:46
Thank you so much. 🌺🙏☘️
lisi 7887
1725
lisi 7887 2023.02.11 14:04 
 

I think he will help ...

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.02.11 15:26
Thank you lot ☘️🌺🙏
Jack Hudson
260
Jack Hudson 2023.02.08 18:00 
 

Just like the other Indi (RSI Full) from Mihails this is also another excellent tool I can add to my trade plan(s)...........Plus his support is outstanding. Great guy doing great work for very low cost. And trust me, I've bought plenty over the years that were nothing but junk.

Mihails Babuskins
78489
Reply from developer Mihails Babuskins 2023.02.08 18:07
Thank you for your review that motivates me ☘️🌺🙏
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