The 123 Pattern Market Scanner

3

This EA is the 28-common-pairs Scanner in the Forex Market. It based on the theory of 123 Pattern with a set of SMAs, Heiken Ashi for detecting Trade signals. You can choose any time frame to scan as you like.


123 Pattern Theory

Buy Condition:

  • Fast MA is above Slow MA (Uptrend confirmed) while Heiken Ashi pull back and begin to continue going up with the trend.

Sell Condition:

  • Fast MA is below Slow MA (Downtrend confirmed) while Heiken Ashi pull back and begin to continue the downtrend.

(Attached picture describes this theory)

The EA will constantly scan the symbols according to the current timeframe selected in MetaTrader 4 to find the symbols that match these conditions. If any symbols match the above Buy (Long) or Sell (Short) condition, it will create a button on the Buy/Sell column. The user only needs to click the button and the utility will automatically open the chart at that time frame to check and decide to make a trade.

The EA does not contain Trading functions but it's scanning the pairs in a predefined period of time. Whenever a pair matches the logic, it will create a button on the screen and send Alerts and messages to MetaQuotes ID. The user only needs to click the button and the utility will automatically open the chart at that time frame to check and decide to make a trade.


Configuration

All the configurations can be found in the input parameter. Some important inputs:

  • Scanning Frequency: the number of seconds that EA scan the market.
  • Symbol suffix: adding suffix of the symbol according to your broker or your account type.
  • Font Name: the font that shows for text on the screen.
  • Font Size: the size of font to adjust for best view on the screen.
  • Message Text: text color.
  • Up Color: the color for Buy Button.
  • Down Color: the color for Sell Button.
  • First Row: the space of first row that you want to show the panel.
  • Left Margin: the space of left margin.
  • Column Space: the space between columns.
  • Button Width: the width of the Buy/Sell buttons.
  • Row Space: the space between rows.
  • Show Notification: enable or disable sending signals via MetaQuotes ID.
  • Broker Time's Offset to GMT: The difference (hour) of Broker Time and GMT.


Notice

This is the main setup that I and others are using and achieving great results with its help.

Please refer to the bigger timeframe to have a clear precise view of the trend, then decide you trade.

A semi-auto trading EA is available for our customer, please feel free to email us (ngcongkhai@gmail.com) to get it as your tool.

28 pairs including:

"AUDCAD","AUDCHF","AUDJPY","AUDNZD","AUDUSD","CADCHF","CADJPY","CHFJPY","EURAUD","EURCAD",

"EURCHF","EURGBP","EURJPY","EURNZD","EURUSD","GBPAUD","GBPCAD","GBPCHF","GBPJPY","GBPUSD",

"NZDCAD","NZDCHF","NZDJPY","NZDUSD","USDCAD","USDCHF","USDJPY","XAUUSD"

Avis 4
Aravind Kolanupaka
10224
Aravind Kolanupaka 2017.08.16 03:19 
 

Very very Good indicator. Not sure why people bad rating for an EA that is provided free with this indicator..

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Verrouillage automatique des bénéfices lors de l'atteinte du bénéfice cible EquityTargetCloser   — est un conseiller expert utilitaire pour MetaTrader 5 qui ferme automatiquement toutes les positions de marché et supprime les ordres en attente dès que   les capitaux propres (Equity) dépassent le solde actuel du montant de bénéfice spécifié . Après la fermeture de toutes les positions, l'objectif est automatiquement relevé : le nouveau seuil = nouveau solde + bénéfice spécifié. L'EA n'ouvre pas d
Auto Trade Copier
Vu Trung Kien
4.76 (85)
Utilitaires
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
MT4 To Telegram Signal Bridge
Inakis Srl
5 (1)
Utilitaires
Améliorez vos signaux de trading avec notre EA Telegram Bridge avancé Il est temps de captiver votre audience avec des mises à jour de trading en temps réel, à la fois professionnelles et visuellement attrayantes. Contactez-moi pour recevoir un essai et voir la chaîne de démonstration ! Nous avons massivement investi dans des fonctionnalités conviviales qui créent une expérience unique pour les clients et les fournisseurs.  SIGNAL BRIDGE est capable de délivrer des SIGNAUX 100% COMPATIBLES COPI
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
Utilitaires
Trade Manager pour vous aider à entrer et sortir rapidement des transactions tout en calculant automatiquement votre risque. Y compris des fonctionnalités pour vous aider à éviter le sur-trading, le trading de vengeance et le trading émotionnel. Les transactions peuvent être gérées automatiquement et les mesures de performances du compte peuvent être visualisées dans un graphique. Ces fonctionnalités rendent ce panneau idéal pour tous les traders manuels et contribuent à améliorer la plateforme
Discord To MT4 Copier
Trinh Dat
5 (4)
Utilitaires
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrader
RiskManager
Roman Zhitnik
5 (4)
Utilitaires
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Risk Manager settings Check limit to close - check the equity limit Limit to close (account currency)   - equity limit that is checked when  Check limit to close is activ
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
Utilitaires
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Utilitaires
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Ultimate Trade Manager plus Mobile by RunwiseFX
Runwise Limited
4.8 (5)
Utilitaires
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Crystal Trade Manager Pro MT4
Muhammad Jawad Shabir
Utilitaires
Crystal Trade Manager PRO – Système Avancé de Gestion du Risque et de Contrôle des Positions pour MT4 Version gratuite : https://www.mql5.com/en/market/product/150632 Présentation Générale Crystal Trade Manager PRO (CTM) est un utilitaire professionnel pour MetaTrader 4 dédié à la gestion du risque, au contrôle des opérations et à l’automatisation intelligente du trading. Il a été conçu pour les traders qui exigent une exécution disciplinée, une protection solide du capital et un contrôle avancé
Plus de l'auteur
ATR Levels
Cong Khai Nguyen
Indicateurs
ATR Level button An helpful utility with a button to Show/Hide ATR Levels. Configurations:   https://ibb.co/2j9fTGL - ATR Period: The Length of ATR to calculate - Choose Color for R1/R2: Line color for each probability Resistance Level - Choose Color for S1/S2: Line color for each probability Resistance Level - chart btn_corner: Choose the corner of the button to appear - Button Text: Caption of Button - Button Font/Size: configure Font and size of button text - btn_background_color: Background
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drnsf
1038
drnsf 2018.10.29 08:08 
 

ABSOLUTE ZERO THE SAME TIME 8.00 AM GMT0 THE ICHIMOKU TENKAN KIJUN CROSS 4H TF GIVES BUY ,YOUR UTILITY GIVES SELL AND OF COURSE IS BUY.MY MONEY BACK PLEASE!

Neil23
104
Neil23 2018.06.21 11:51 
 

THIS MUST BE CLASSIFIED AS A SCAM AS IT DOES NOT COME WITH THE TEMPLATES. IE. THE PROGRAM AS SUPPLIED DOES NOT WORK AND IS USELESS. I WOULD LIKE THE TEMPLATES OR MY MONEY BACK PLEASE.

Aravind Kolanupaka
10224
Aravind Kolanupaka 2017.08.16 03:19 
 

Very very Good indicator. Not sure why people bad rating for an EA that is provided free with this indicator..

Alesamo
1533
Alesamo 2017.07.11 22:49 
 

Very bad support, unfortunately. I bought this 2.5 weeks ago and asked - as in the description - for the semi-automatic EA. The EA was sent, but, unfortunately, no manual how to use it... So the author promised to send me a manual within a couple of days, I am waiting now more than 10 days without any further reaction (despite some mail reminders). I might reconsider the rating if the seller is willing to finally react and keep his promises...

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