Market / MetaTrader 4 / Indicators /

Pattern 5W Scanner

49 USD

Demo downloaded: 275

Published: 4 February 2023

Current version: 1.4

Pattern 5W Scanner

4.56

Indicators
Mihails Babuskins
Version: 1.4
Updated: 30 November 2023
Activations: 20

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.

more...

348

pejon9999 2023.06.11 08:20 #

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

AIMED83150 2023.06.07 16:50 #

bonjour, j'ai acheter l'indicateur 5w pattern, pourriez-vous m'envoyer le manuel dutilisation merci.

118

MarcoEA 2023.05.31 16:09 #

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

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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

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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

30 USD

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 c

30 USD

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

39 USD

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

79 USD

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

39 USD

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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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.

FREE

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

30 USD

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

FREE

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

39 USD

Ichimoku Signals Scanner This is the Demo version, please download Full 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. Ichi

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This utility manage your position risk by trailing stop with "Parabolic SAR" indicator value. Indicator Parameters SAR step(Parabolic SAR step value) SAR maximum(Parabolic SAR maximum value) Timeframes(Choose timeframes). Stop Place(put SL in current(open) candle or last close candle). Is the spread considered?(Set SL with considering to Spread or not, the choice is with you). Working with this utility is very simple, Just drag it onto the chart. There is no problem with multi-part trades. It is

FREE

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

30 USD

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

30 USD

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 point

30 USD

Order Fast This product helps you to send your order as quickly and easily as possible. You can download the demo version here for testing. 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

30 USD

Filter:

662

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

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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

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REDA REZKALLA IBRAHIM YOUSSEF 2023.06.12 01:01 #

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

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Reply from developer Mihails Babuskins 2023.06.16 19:56 #

Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.

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pejon9999 2023.06.11 08:20 #

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

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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 2023.06.07 16:50 #

bonjour, j'ai acheter l'indicateur 5w pattern, pourriez-vous m'envoyer le manuel dutilisation merci.

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Reply from developer Mihails Babuskins 2023.06.09 10:47 #

Thank you. 🌺🙏☘️

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MarcoEA 2023.05.31 16:09 #

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

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Reply from developer Mihails Babuskins 2023.05.31 16:44 #

Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.

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rainwalker123 2023.05.01 19:09 #

Very good signals and brilliant indicator.

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Reply from developer Mihails Babuskins 2023.05.02 16:08 #

Thank you. 🌺🙏☘️

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Eduardo 2023.04.19 18:44 #

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

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Reply from developer Mihails Babuskins 2023.05.01 16:23 #

Thank you. 🌺🙏☘️
I sent the user-manual PDF file to your PV, please check.

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McGavern Vue 2023.03.07 03:05 #

So far so good, I profited on it. Are we able to set it to alert user once a pattern has been detected?

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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).

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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

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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.

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elite luis 2023.02.17 04:35 #

Simply the best and excellent support from Author with continuous update and improvement, well worth best purchase 2023!

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Reply from developer Mihails Babuskins 2023.02.17 19:46 #

Thank you so much. 🌺🙏☘️

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lisi 2023.02.11 14:04 #

I think he will help ...

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Reply from developer Mihails Babuskins 2023.02.11 15:26 #

Thank you lot ☘️🌺🙏

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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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Reply from developer Mihails Babuskins 2023.02.08 18:07 #

Thank you for your review that motivates me ☘️🌺🙏

Version 1.4 2023.11.30

Minimum number of symbols for scanning were reduced.

Version 1.3 2023.03.08

The mail notification was added.

Version 1.2 2023.02.11

Some changes were made.

Version 1.1 2023.02.11

Some changes were made to detect newer signals when scanned.