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Chart Pattern MT5

Introduction to Chart Pattern MT

Chart Pattern MT is a chart pattern scanner to detect the triangle pattern, falling wedge pattern, rising wedge pattern, channel pattern and so on. Chart Pattern MT uses highly sophisticated chart pattern detection algorithm. However, we have designed it in the easy to use with intuitive user interface. Chart Pattern MT will show all the patterns in your chart in the most efficient format for your trading. You do not have to do tedious manual pattern detection any more. Plus you can get the full benefit of this multiple timeframe chart pattern scanner.


Detectable Chart Patterns

Chart Pattern MT can detect the chart patterns including 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).


Japanese Candlestick Patterns

Chart Pattern MT can detect the 52 Japanese Candlestic Pattern including Doji Star, Hammer, Englufing, etc


Main Features

  • 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

Chart Pattern MT 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.


Trading Strategy Guide

Using Wedge, Triangle, Double Top, Double Bottom, Head and Shoulder and Cup with Handle patterns are documented in the link below. It is highly recommended to read this article below before trading.

https://www.mql5.com/en/blogs/post/750388


Important Note

This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.



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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
Este indicador es un método de análisis de mercado basado en el artículo "Fórmula matemática para predicciones de mercado" escrito por W.D. Gann según los métodos del cuadrado de nueve y el cuadrado de 144. Manual de usuario: Add Your review And contact us to get it Puede comprar la versión MT4 completa en: https://www.mql5.com/en/market/product/15316 Puede probar en MT4 gratis: https://www.mql5.com/en/market/product/15320?source=Site +Profile+Seller#!tab=reviews Est
[ MT4 Version ] Backtesting Simulator Are you tired of spending months on demo or live accounts to test your trading strategies? The Backtesting Simulator is the ultimate tool designed to elevate your backtesting experience to new heights. Utilizing Metatrader historical symbol information, it offers an unparalleled simulation of real market conditions. Take control of your testing speed, test ideas quickly or at a slower pace, and witness remarkable improvements in your testing performance.
If you've been trading for any time, you will almost certainly have come across the concept of support and resistance. This powerful and simple concept lies at the heart of technical analysis. It forms the cornerstone of price action trading. Strange to consider therefore, that such a key component of the traders chart has largely been ignored. Most Forex traders still draw their lines manually, leading to a crude interpretation of these key levels. Even those companies who have developed a trad
¡Este indicador es un indicador de análisis automático de ondas perfecto para el comercio práctico! La definición estandarizada de la banda ya no es una ola de personas diferentes, y se elimina el dibujo de interferencia provocada por el hombre, que juega un papel clave en el análisis riguroso del enfoque. =>Increase the choice of international style mode, (red fall green rise style)           ¡Descuento de compra actual!   Contenido del índice: 1.       Onda básica:   Primero, encontra
Weis Wave with Alert MT5
Trade The Volume Waves Single Member P.C.
4.93 (15)
Rental/Lifetime Package Options and Privileges  * For optimum results the yearly or lifetime package is suggested due to live training ! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology training x How to trade with it:    http://
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Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
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Auto Chart Alert MT5
Young Ho Seo
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