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Smooth Patterns

Trading patterns on Forex is considered to be the highest level of trading, since it usually requires years of mastering various patterns (shapes and candle combinations) and the ways they affect the price.

Patterns are different combinations of Japanese candles on a chart, shapes of classical technical analysis, as well as any regularities of the market behavior repeating many times under the same conditions. After the patterns appear on a chart, the price starts behaving in a certain way allowing us to make forecasts. This makes patterns a relatively secure and reliable trading method.

This indicator is a result of many years of trading experience. You do not have to memorize multiple technical and candle patterns. All of them are present in the indicator. The product automatically defines various candle patterns and shapes, displays them on a chart and predicts the future price movement.

The shortened pattern appears above or below the last bar of a detected pattern. All names have a certain color depending on where the price is expected to move after the pattern. If the pattern is bullish, its name under the bar is blue. If the pattern is bearish, its name above the bar is red.


How to use

  • Each new pattern is a signal for opening a position. If the pattern is red (above the bar), the price is about to fall. If the pattern is blue (under the bar), the price is about to grow.


Enabling push notifications

Make sure the indicator's "Show Alert" function is enabled. Also, go to Tools/Options/Notifications, tick the "Enable Push notifications" option and enter your MetaQuotes ID.


Features

  • Very easy to use;
  • The EA works on any currency pair;
  • High signal accuracy;
  • Professional tool;
  • Defines many basic patterns;
  • Does not repaint signals from detected patterns.

Attention! By default, all patterns and notifications are disabled to allow users to select necessary patterns for testing in the strategy tester. For further work, you need to enable ALL or most of the other patterns and notifications in the indicator settings.


Parameters

  • Use Extra Digit (false) - set true if your broker uses an additional digit in quotes;
  • Show Alert (false) - enable/disable notifications from all patterns.
  • Display ShootStar Pattern #1 (false) - enable/disable the display of the Shooting Star #1 pattern;
  • Show ShootStar Pattern Alert #1 (false) - enable/disable the alert for the pattern;
  • Color ShootStar (Red) - color of the shortened Shooting Star pattern name above the bars;
  • Display Hammer Pattern #1 (false) - enable/disable the display of Hammer #1;
  • Show Hammer Pattern Alert #1 (false) - enable/disable the alert for the pattern.

All other parameters are set the same way. The only difference is in the names


Recommendations

  • It is not recommended using the indicator on timeframes lower than M15, since all data lower than M15 is used to plot patterns and candle combinations on higher timeframes.

Enjoy your trade!

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Volume by Price Lite MT5
Brian Collard
The ' Volume by Price ' Lite indicator displays the complex relations between volume , price and time in various easy to interpret forms. Segment, filter and use the visualization methods with Volume Profile and Market Profile along Volume Weighted Average Price, Supply & Demand Zones and Average Daily Range to identify key levels and ranges . It also provides labels to indicate the scale and scope of data displayed, and custom styling by attributes such as color, size, area etc. in ways that
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Advanced Supply Demand MT5
Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
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Volume Spread Pattern Indicator MT5
Young Ho Seo
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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AguiaTraders F12 PRO
Renato Fiche Junior
This tool was developed to help traders on candle by candle and replay training. In the indicator settings, the user can set the training start datetime. The indicator will autommatically hide all candles after this datetime. So the user can make studies before starting the training. Starting the training, the user can simulate your trades quickly and easily! Note: Demo version for testing can be found here: https://www.mql5.com/en/market/product/38314 This is a product developed by Renato F
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Beast Super Signal MT5
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion levels. The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. A
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PZ Divergence Trading MT5
Arturo Lopez Perez
Difícil de encontrar y escasa en frecuencia, las divergencias son uno de los escenarios comerciales más confiables. Este indicador busca y escanea las divergencias regulares y ocultas automáticamente usando su oscilador favorito. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Fácil de comerciar Encuentra divergencias regulares y ocultas Admite muchos osciladores bien conocidos Implementa señales comerciales basadas en rupturas Muestra n
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IndCorrelationTable
Denis Khokhlov
IndCorrelationTable Tabla de correlación de Ind : diseñada para ayudar a un comerciante que opera en el mercado Forex utilizando el método basado en la dependencia de correlación de los pares de divisas. La dependencia de correlación entre dos instrumentos se calcula mediante el coeficiente de K. Pearson y C. Spearman. La función principal de la tabla es emitir una señal formalizada sobre la posibilidad de abrir una "canasta" de transacciones de acuerdo con los parámetros preestablecidos, así co
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