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Advanced Price Pattern Scanner MT4

Introduction

Advanced Price Pattern Scanner is the pattern scanner built upon our accumulative knowledge and insight from our financial market research many years. Advanced Price Pattern Scanner uses highly sophisticated pattern detection algorithm. However, we have designed it in the easy to use and intuitive manner. Advanced Price Pattern Scanner will show all the patterns in your chart in the most efficient format for your trading.


Detectable Patterns

Following pattern can be detected.

  • Triangle (Pattern Code = 0)
  • Falling Wedge (Pattern Code = 1)
  • Rising Wedge (Pattern Code = 2)
  • Double Top (Pattern Code = 3)
  • Double Bottom (Pattern Code = 4)
  • Head and Shoulder (Pattern Code = 5)
  • Reverse of Head and Shoulder (Pattern Code = 6)
  • Cup and Handle or Cup with Handle (Pattern Code = 7)
  • Reverse of Cup and Handle or Cup with Handle (Pattern Code = 8)

Main Functionality

  • Pattern Detection in Indicator Window: Detected Patterns are located in the indicator window for your market analysis. To view or hide, just click the Circle button in the indicator window.
  • Pattern Detection in Main Window: Detected patterns are also located in the main window for your market analysis. To view or hide, just click the circle button in the main window.
  • Call Patterns: You can also call any patterns at the desired location in your chart. To access Call Pattern feature, click call button. Now you will have pointer in your chart. Move the pointer anywhere in your chart to located patterns, then click “Call” button again. You will see patterns corresponding to the location of pointer.
  • Multiple Timeframe Pattern Detection: You can also scan above patterns across different timeframe from one indicator. You can also switch on and off any specific timeframe per your need. Please note that Multiple Timeframe Pattern Detection requires much heavier computation.
  • Pattern Locking: You can also lock any patterns in your chart for your future use. Just click over Lock button to lock patterns in your chart.

Indicator Input Setting

Advanced Price Pattern Scanner uses extremely sophisticated pattern algorithm exclusive to this indicator only. At the same time, it provides extremely simple user interface. You can also receive alert when new patterns are detected. Most of time you can use default setting. Each input is self-explanatory in their name field.

  • Timeframe to detect Patterns: Timeframe of pattern detection
  • Indicator Period: 3 to 100 only (Use default = 50)
  • Bars To Scan: 1000 is default. You can increase but it can be heavy on your computer
  • Show Pattern At Alert: If this is set to true, then new pattern will be automatically draw as it is detected first time. Since you can access to all the patterns from circle button, you can set this to false if you wish.
  • Enable sound alert: input for sound alert
  • Send email alert:  input for email alert
  • Send notification : input for push notification

Following inputs are to control buttons. You will use default-setting most of time. You can change the input only if you have encounter some exceptional case.

  • Circle Button Gap (Indicator Window):
  • Button Coordinate X (Main Window):
  • Button Coordinate Y (Main Window):
  • Button Width (Main Window):
  • Button Height (Main Window):
  • Button Text Size (Main Window):

Yet, there are some other inputs for controlling colour and multiple timeframe pattern detection. We will leave them out here because they are too obvious.


How To Use

Using Wedge, Triangle, Double Top, Double Bottom, Head and Shoulder and Cup with Handle patterns are well documented in many places on internet. You can also test the indicator in history before using them for your live trading. Further more, you can use Advanced Price Pattern Scanner together with following tools for even higher precision and accuracy.


Important Note

This product is the off the shelf product in the store. Therefore, we do not take any personal modification or personal customization request. For our products, we do not provide any code library or any support for your coding.

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A. What is A2SR ? -- Full guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it has never been published on the internet either. A2SR will
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Magic M2
Magic M2
Tuan Anh Dao
------ GOOD LUCK   -----   (Telegram: @MagicBinary) The indicator allows you to trade binary options. T his indicator give high winning ratio with over 20 years of backtesting  The recommended time frame is М1 and the expiration time is 3, 5 minutes. The indicator suitable for Auto and Manual trading. A possible signal is specified as a arrows above/under a candle. You can entry current candle /intrabar or can wait until candle close Arrows are not re-painted Trade sessions: Any/ Re
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Quantum Currency Strength Indicator
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QUANTUM TRADING SOFTWARE LIMITED
Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum Currency Strength indicator has been designed with one simple objective in mind. To give you
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Advanced Arrow
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Alfred Kamal
This indicator depends on some secrets equations to draw Signals with Stop loss and maximum 4 Take profits. There is a free EA depends on this indicator as a gift when you purchase/rent it. Features Simply it gives you entry point as Ready sign (Buy / Sell) and arrow (Buy / Sell) after candle closed, also SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change. It is historical indicator. No Repaint. user manual for V5 please cli
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Fibonacci Sniper
Fibonacci Sniper
Elmira Memish
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BinarySniper
BinarySniper
Dmitry Zhakov
The indicator allows you to trade binary options. The recommended timeframe is М5 and the expiration time is 5-15 minutes. The indicator works on any currency pairs. Trading time is not limited. A possible signal is specified as a thick dot above/under a candle. You should wait until the candle closes! If the dot remains on the previous candle and the arrow appears on the new one, you can enter the trade immediately. Arrows are not re-painted and appear only when a new candle appears! The tradin
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WanaScalper MT4
WanaScalper MT4
Isaac Wanasolo
A scalping indicator based on mathematical patterns, which on average gives signals with relatively small SL, and also occasionally helps to catch big moves in the markets (more information in the video) This indicator has three main types of notifications: The first type warns of a possible/upcoming signal on the next bar The second type indicates the presence of a ready signal to enter the market/open a position The third type is for SL and TP levels - you will be notified every time price r
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Nihilist and ForexAlien Indicator
Nihilist and ForexAlien Indicator
TRADERWE FOREX SL
El Indicador Nihilist 5.0 incluye las estrategias y sistemas de trading Forexalien y Nihilist Easy Trend. El indicador se compone de un Dashboard MTF en donde se puede analizar las distintas posibilidades de entradas de cada estrategia con un simple vistazo. Dispone de un sistema de alertas con distintos tipos de filtros configurables y por cada TF que desee seleccionar los avisos en su plataforma Metatrader 4 y Smartphone. El indicador tiene la opción de seleccionar los TP y SL por ATR o fijo
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Fractal Moving Average Indicator MT5
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Versión 6.7 2020.03.23
In version 6.7, you can switch on and off the Support and Resistance Mode. If you want to display pattern as support and resistance mode, then just set Display as Support and Resistance = true.
Versión 6.6 2019.04.08
In Version 6.6, Each pattern accuracy was improved. White chart Option was added. Pattern List on Comment was added.

Use White Chart: true or false
List Pattern type on Comment (Value = empty line number, 0 = disable). Empty line number is in fact spacing from the top of chart.
Versión 6.5 2019.03.25
In Version 6.5, you have an option to switch on and off forward detection mode.
Versión 6.3 2019.02.03
In version 6.3, we have made little improvement on multiple timeframe pattern detection.
Versión 6.2 2019.02.03
In version 6.2, Head and Shoulder Pattern and Cup and Handle Patterns are added in the Scanner.
Versión 5.3 2019.01.20
In Version 5.3, we have improved the feature of Predicting future patterns (action after Call button).
Versión 5.2 2019.01.20
In Version 5.2, we have improved the feature of Predicting future patterns (action after Call button).