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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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⭐⭐⭐⭐⭐  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 only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here The SPECIAL: Arrows in sub-window to show strong currency moment
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Currency Strength Meter Pro for MT5
ALEKSANDR SHUKALOVICH
Currency Strength Meter is the easiest way to identify strong and weak currencies. This indicator shows the relative strength of 8 major currencies + Gold: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, XAU. By default the strength value is normalised to the range from 0 to 100 for RSI algorithm: The value above 60 means strong currency; The value below 40 means weak currency; This indicator needs the history data of all 28 major currency pairs and 9 timeframe. History data will be downloaded auto
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PipFinite Breakout EDGE MT5
Karlo Wilson Vendiola
The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
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Smart Harmonic Pattern
Andrey Danilo Sagot Munoz
PATRÓN ARMÓNICO INTELIGENTE es un indicador que explora el mercado en busca de posibles formaciones geométricas con fórmulas matemáticas relacionadas con Fibonacci. Hace un reconocimiento completo en la historia gráfica y el precio en vivo sin la necesidad de un análisis complejo, ya que todo se calcula con el mismo indicador. También puede trabajar con las formaciones antiguas y reconocer los niveles de negociación actuales proyectados automáticamente en el gráfico, todo esto solo con un clic e
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Support and Resistance with Trendlines
Ammar Yaseen
This indicator would help you I DENTIFY different HORIZONTAL SUPPORT / RESISTANCE LEVELS AND TRENDLINES.  ADVANTAGES: Use up till 5 different levels of Support and Resistance Use up till 5 different trend lines  Use true/false options to display for Support/Resistance or Trend line Image PARAMETERS: nPeriod: the time period to decide  Limits: the candles limit to look back UseHorizontalLines: true/false option to display Horizontal Support and Resistance Lines UseTrendline: true/false opti
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Advanced Currency Impulse with Alert 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 secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? USER MANUAL: click here Built on new underlying algorithms it makes it even easier to identif
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Gartley Projections D
Oleksandr Medviediev
The indicator identifies the harmonic patterns (XABCD) according to developments of H.M.Gartley ( "Profits in the Stock Market" , 1935г). It projects D-point as a point in the perspective projection (specify ProjectionD_Mode = true in the settings). Does not redraw. When a bar of the working timeframe closes, if the identified pattern point has not moved during Patterns_Fractal_Bars bars, an arrow appears on the chart (in the direction of the expected price movement). From this moment on, the ar
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