Young Ho Seo / Perfil

Harmonic Pattern Book, often referred to as “Harmonic Patterns,” is a trading strategy based on identifying specific price patterns in financial markets. These harmonic patterns are believed to have predictive value for future price movements, and traders use them to make buy or sell decisions.

The concept of harmonic patterns was popularized by H.M. Gartley in his book “Profits in the Stock Market,” published in 1935. Gartley introduced what is now known as the Gartley pattern, which is one of the foundational harmonic patterns.

https://algotrading-investment.com/2020/01/30/guide-to-precision-harmonic-pattern-trading-book-on-google-play-book-and-google-book/

MetaTrader 5 (MT5) platform is a popular choice among traders for its advanced features and flexibility in trading various financial instruments. Within MT5, indicators play a crucial role in technical analysis, helping traders make informed decisions about market trends and potential entry or exit points. The “Great MetaTrader 5 Indicator List” is likely a list of indicators available for use within the MetaTrader 5 platform. These indicators can vary widely in terms of their functions, complexity, and effectiveness in analyzing the market. Some common types of indicators found in such lists include:


https://algotrading-investment.com/2020/02/06/great-metatrader-5-indicator-list-2020/

The Fractal Moving Average (FRAMA) is a technical indicator used in financial markets, including Forex, to analyze price movements. It combines aspects of both fractal geometry and moving averages to provide a smoother and more responsive trend-following indicator.

Here’s how it works:

Fractals: Fractals are geometric patterns that repeat at different scales. In trading, fractals refer to patterns in price charts where there are at least five bars, with the highest high in the middle and two lower highs on each side. Similarly, for a downward fractal, there are five bars with the lowest low in the middle and two higher lows on each side.
Moving Average: A moving average is a calculation used to analyze data points by creating a series of averages of different subsets of the full data set. It smoothens out price data to identify trends over a specified period.

https://algotrading-investment.com/2020/02/14/fractal-moving-average-indicator-free-metatrader-indicator-release/

Turning point probability refers to the likelihood or chance of a reversal occurring in a financial market at a specific price level or time. It involves analyzing various factors, such as historical price data, market sentiment, and technical indicators, to assess the probability of a trend reversal. Many trading strategies or statistical algorithms predicts the turning point to achieve the good buy and sell decision for the trader in Forex and Stock market. For example, Fibonacci trading, Support and resistance trading, Harmonic Pattern, Elliott Wave pattern and X3 Chart Pattern are concerning the prediction of turning point. Because the turning point prediction provides the most usable profitable range in our trading, this is inevitably popular trading strategy among trader. To help your understanding on the market cycle in the financial market, we will break down the complex subject into few simpler one in the context of making buy and sell decision in Forex and Stock market. These 7 points are the essential information you need to understand when you want to make a good buy and sell decision in Forex and Stock Market.

https://algotrading-investment.com/2019/12/28/probability-grid-to-predict-turning-point/

Price breakout pattern scanner is very unique tool in the market because this pattern scanner have built in feature for Smart Renko inside. Before using the Renko Feature, let us cover what is renko chart first in Forex and Stock market context. The relationship between a Price Breakout Pattern Scanner and Smart Renko can be complementary in terms of technical analysis and trading strategies, particularly in identifying breakout patterns and smoothing price movements.

https://algotrading-investment.com/2019/12/29/price-breakout-pattern-scanner-and-smart-renko-2/

Post publicado Volume Spread Analysis

Post publicado Volatility Indicator

Post publicado Triangle Pattern, Falling Wedge Pattern, Rising Wedge Pattern and Channel

Post publicado Support and Resistance Indicator

Post publicado Supply and Demand Indicator

Post publicado Wave Indicator

Post publicado Momentum Indicator

Post publicado MARKET PREDICTION

Post publicado Harmonic Pattern Detection

Post publicado Elliott Wave Indicator

Fibonacci Chart Pattern


Fibonacci chart patterns are the chart patterns that structured with Fibonacci ratio. Fibonacci ratio is based on Fibonacci analysis. A Fibonacci analysis is a popular tool among technical traders. It is based on the Fibonacci sequence numbers identified by Leonardo Fibonacci in the 13th century. The Fibonacci sequence numbers are:

0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89,144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, …………………

As the Fibonacci number become large, the constant relationship is established between neighbouring numbers. For example, every time, when we divide the former number by latter: Fn-1/Fn, we will get nearly 0.618 ratio. Likewise, when we divide the latter number by former: Fn/Fn-1, we will get nearly 1.618. These two Fibonacci ratio 0.618 and 1.618 are considered as the Golden Ratio. We can use these Golden ratios to start our Fibonacci analysis. However, many technical traders use additional Fibonacci ratios derived from the Golden ratio. Since the calculation of each Fibonacci ratio is well known, I have listed all the available Fibonacci ratio calculation in Table 6.1.

In fact, Fibonacci pattern analysis in financial trading is extremely popular. As with support and resistance analysis, Fibonacci analysis is probably the most popular technical analysis among traders. There are two important techniques in Fibonacci analysis. First technique is Fibonacci retracement. Second technique is Fibonacci expansion. In fact, former is just one triangle pattern and latter is two triangle patterns. Hence, you can consider these two as Fibonacci price patterns. These two price patterns share the identical concept to the retracement ratio and expansion ratio.

There are two important points in regards to Fibonacci patterns. Firstly, you need to spot swing high and swing low in price series to identify Fibonacci price patterns. The easiest way of doing this is just to apply Peak Trough Transformation using either ZigZag indicator or Renko chart. Therefore, you start with predefined swing points in your chart. Secondly, Fibonacci retracement technique will concern one triangle that is two price swings. Fibonacci expansion technique will concern two triangles that are three price swings. Most importantly, calculation of Fibonacci retracement and expansion is identical to the retracement ratio and expansion ratio calculation in RECF notation. Sometimes, we might use percentage format instead of decimal format. However, two quantities are the same. For example, the Golden ratio 0.618 is the same as 61.8%.


You can continue to read full article here from the link below. This article will explains everything about "Fibonacc Chart Pattern". It is free but informative article.

https://algotrading-investment.com/2019/07/19/fibonacci-price-patterns/


You can also use Harmonic Pattern Plus in MetaTrader to detect Fibonacci Chart Patterns. Harmonic Pattern Plus is the advanced Fibonacci Analysis Indicator for your trading. Below are the Links to Harmonic Pattern Plus

https://www.mql5.com/en/market/product/4488

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

Support and Resistance with Elliott Wave


Elliott Wave Trend is a Elliott Wave indicator for Elliott Wave Analysis. In addition, Elliott Wave Trend can produce its own support and resistance automatically for your trading. These support and resistance are detected by projecting the location of superimposed wave patterns. The produced support and resistance are accurate. By clicking the box, you can extend or reverse the support and resistance zone in your chart.

For your information, the support and resistance zone can be used on their own. Typically you will use the latest support and resistance in your trading decision. This is most basic use of these support and resistance. However, you can also use these support and resistance combined with your actual Elliott Wave counting. You can use the support and resistance to gauge the turning point and breakout using your Elliott Wave counting.

Elliott Wave Trend is powerful and sophisticated Elliott Wave indicator for professional trader. We provide many articles on how to use Elliott Wave Trend. We will introduce three articles for your information here.

In this article, we will provide some basic features available in Elliott Wave Trend. In addition, this article provide the really simple guide to Automatic Wave Analysis for Impulse and Corrective Waves.

https://algotrading-investment.com/2019/04/14/elliott-wave-trend-tutorial-1/

In this article, we provide the more detailed guide for automatic wave analysis for impulse and corrective waves. In addition, this article provide a demonstration of using automatic wave anlaysis so that you can improve your trading performance.

https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/

In this article, we provide some theoretical background behind Elliott Wave Analysis. In addition, the article explains the way to improve the accuracy of your market prediction with Elliott Wave Analysis.

https://algotrading-investment.com/2018/10/29/identifying-order-and-disorder-in-chaotic-market-with-elliott-wave/

Here is the link to the Elliott Wave Indicator:

https://www.mql5.com/en/market/product/16479

https://www.mql5.com/en/market/product/16472

https://algotrading-investment.com/portfolio-item/elliott-wave-trend/

Profitable Patterns in Financial Market


We have dicussed the predictive power of pattern to predict turning point. In this article, we will discuss the profitable patterns in Forex and Stock market. Price is the data recorded by financial exchange. The financial exchange distributes this real time price to trader electronically during market hours. Then trader will make buy or sell decision depending on their perception of the latest price. If they feel the price is low, then they will buy the currency or stock. If they feel price is too high, then they will sell the currency or stock. Once thing we need to know is that diversified reactions exists about good buying and selling price. We can have millions of different opinions about 200 dollar stock price for Facebook today. Some people will think that 200 dollar is good price to buy and some people will think the opposite. Some people might be neutral. Next price of Facebook will be determined by trading volume of buy and sell orders. If buy-trading volume is dominating over the sell-trading volume, then price will go up. If sell-trading volume is dominating over the buy-trading volume, then price will go down. You can think that each price recorded is in fact the record of the crowd reaction.

For our analysis, financial exchange also records the series of price in regular time interval like hourly, daily, or weekly, etc. Sometimes they record tick-by-tick data. They electronically store these historical data and distribute them to traders. Then trader uses these historical data to draw chart for further analysis of the price. In modern electronic trading environment, it is very rare to make buy and sell decision without looking at chart. Price series contain complex information. If we want to find out any useful information from price series, then we need to work backwards from price series into whatever information we need to seek. Extracting useful information from price series typically requires some mathematical tools.

Depending on what is our question, we need to apply different tools to exam price series. For example, if you want to know the common statistics for Facebook stock price, then you can calculate the mean, median, and standard deviation of the price series. If you want to find out good cycles to trade, then you need to apply Fourier transformation or some sort, to extract the cycles of Facebook price series. Likewise, if we want to find out profitable patterns, then we need to apply Peak Trough transformation or some sort to the price series. When we apply Peak Trough Transformation, we turn price series into the infinitely repeating triangles, which are called Fractal wave. Typically, Zig Zag indicator and Renko chart are used to turn price series into fractal wave.

Fractal or Fractal wave is commonly observable in nature like snowflake, in tree leaves, in heartbeat rate, in coastal line. Hence, many traders believe that the identifying profitable patterns in price series are the same as spotting natural order. By definition, Fractal wave is infinitely repeating self-similar patterns in time domain. The main regularity in Fractal wave is the shape of the pattern. Typically, this shape of pattern is referenced for some geometric shapes like triangle, circle, square, etc. In Fractal wave, we can have both strict self-similar and loose self-similar patterns. If the repeating patterns have the same geometric shape and all individual patterns have matching parameters in that shape, we call this as strict self-similarity. If repeating patterns have the same geometric shape but majority of individual patterns have non-matching parameters in that shape, then we call this as loose self-similarity. Fractal wave in Forex and Stock market price series have triangle as the geometric shape. However, individual triangle can be wider, narrower, longer, and shorter than other triangles. Hence, Fractal Wave in Forex and Stock market data possess the loose self–similarity. Loose self-similarity does not mean that all the triangles are non-identical in shape. Even in loose self-similarity, we can have some triangles in identical shape or at least within allowed range in precision.

First important characteristic of fractal wave is the infinite scales. In theory, repeating triangles in forex and stock market can have infinite variation of scales from very small to extremely large triangles. For example, one day we can observe one triangle formed in thirty seconds but another triangle can be formed in thirty days. In our pattern study, scale is an independent factor from geometric shape. As long as triangles are identical in shape, or within allowed range in precision, triangle formed in thirty seconds is treated as identical to the triangle formed in thirty days, regardless of their size. For some practical example, Fibonacci price pattern with 61.8% retracement formed in twenty-candle bar in hourly timeframe is an identical pattern to the other 61.8% retracement pattern formed in thirty six candle bar in daily timeframe.

Second important characteristic about Fractal wave pattern is that many small pattern are jagged together to make bigger patterns. For example, in triangular fractal wave as in financial market, bigger triangle will be made from many small triangles. In our pattern study, we often seek this sort of jagged patterns for our trading opportunity. Especially, in Harmonic pattern, Elliott Wave patterns, and X3 patterns, this sort of jagged pattern are commonly utilized to find the profitable patterns with good success rate.



Supply Demand Analysis is based on Fractal geometry of the market. Hence, it makes use of Peak and Trough analysis. You can use Ace Supply Demand Zone Indicator in MetaTrader to accomplish your pattern analysis. Ace Supply Demand Zone indicator is non repainting and non lagging supply demand zone indicator with a lot of powerful features built on.

https://www.mql5.com/en/market/product/40076

https://www.mql5.com/en/market/product/40075

https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/

Non Repainting Supply Demand Indicator

Ace Supply Demand Zone is the non-repainting Supply Demand indicator. Supply Demand indicator automatically finds out the potential imbalance between supply and demand in Forex and Stock chart. Hence, supply demand analysis is very useful to trade with the market turning point. Its trading strategy is based on the price pattern detection like Drop-Base-Rally, Rally-Base-Drop and so on. However, you do not need to know the name of patterns as the supply demand analysis is mostly visual and intuitive. What you need to do is to open the chart and apply Ace Supply Demand Zone in the chart. Then you will see that the indicator detects the possible trading zone automatically. These trading zone looks alike support and resistance. Hence, some trader consider the supply demand zone as the advanced support and resistance. This trading zone is called supply zone when the trading zone is formed at peak. This trading zone is called deamnd zone when the trading zone is formed at trough. When the supply zone or demand zone is never touched, we call them as fresh supply and demand zone or virgine supply and demand zone. In addition, supply and demand zone is touched or broken in the past, then they are called historical supply and demand zone.

In Ace Supply Demand Zone, you have an access to fresh supply and demand zone as well as the historical supply demand zone. Hence, you can achieve much better profiling on price movement in Forex market. In addition, the trading zone idea provides you an excellent way of managing your trading risk. This is really useful if you have at least learnt how to use the support and resistance trading, which is the most popular technical analysis in Forex and Stock market. With Ace Supply Demand Zone, you can trade with the original supply demand zone trading. At the same time, you can also perform “Supply Demand Trading with Trendline”. Supply Demand Trading with Trendline is highly accurate ways to predict the turning point. You can have a look at the link below to find out everything about Supply Demand Trading with Trendline”.

https://algotrading-investment.com/2019/07/04/angled-supply-demand-zone-trading-tutorial-1/

We recommend you to master this trading strategy with supply demand indicator for several reasons. Firstly, this trading strategy is not complex. Secondly, this trading strategy picks up the turning point very accurately. It is best to use Ace Supply Demand Zone to perform “Supply Demand Trading with Trendline”. However, there are many other ways to use Ace Supply Demand Zone to get good profits. For example, you can combine it with Harmonic Pattern or Elliott Wave Analysis. In addition, you can also use it together with turning point probability in Fractal Pattern Scanner. The detailed trading strategy can be found from the book: Technical Analysis in Forex and Stock Market: Supply Demand Analysis and Support Resistance.

With a lot of sophisticated functionality built inside, Ace Supply Demand Zone indicator will provide you unmatched performance against other Supply Demand zone indicator out there. Here is the link to Ace Supply Demand Zone Indicator.

https://www.mql5.com/en/market/product/40076

https://www.mql5.com/en/market/product/40075

https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/

In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.

YouTube “Supply Demand Zone Indicator”: https://www.youtube.com/watch?v=lr0dthrU9jo

Volatility Indicator List for Day Trading


Volatility indicator can help you to detect any statistical advantage for your trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend to use the Volatility indicator together with your strategy. We provide the advanced volatility indicators for MetaTrader 4 and MetaTrader 5 platform.

Fibonacci Volatility Indicator

Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator too.

https://www.mql5.com/en/market/product/52671

https://www.mql5.com/en/market/product/52670

https://algotrading-investment.com/portfolio-item/fibonacci-volatility-indicator/

Harmonic Volatility Indicator

Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator.

https://www.mql5.com/en/market/product/29008

https://www.mql5.com/en/market/product/29004

https://algotrading-investment.com/portfolio-item/harmonic-volatility-indicator/

Double Harmonic Volatility Indicator

This is the cheapest Volatility indicator. This indicator is specialized in the Movable Volatility indicator mostly. Hence, if you only need the Movable Volatility indicator and you want to have more cost effective tool, then use this. However, if you want to have more choice in the Volatility visualization, then use either Harmonic Volatility indicator or Fibonacci Volatility indicator.

https://www.mql5.com/en/market/product/23779

https://www.mql5.com/en/market/product/23769

https://algotrading-investment.com/portfolio-item/double-harmonic-volatility-indicator/

GARCH improved Nelder Mead – Free indicator

This is free Volatility indicator that implements the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods with Nelder Mead algorithm. This is bit of experimental indicator to realize the GARCH (1,1) model. Hence, we provide this indicator for free. It would be interesting to see how this Volatility indicator works for your trading.

https://www.mql5.com/en/market/product/6918

https://www.mql5.com/en/market/product/6910

https://algotrading-investment.com/portfolio-item/garch-improved-nelder-mead/