Young Ho Seo / Profil

Mean Reversion Supply Demand – How to Remove Take Profit and Stop Loss Levels

One of the greatest advantage of Mean Reversion Supply Demand is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.

There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.

https://www.mql5.com/en/market/product/16823

https://www.mql5.com/en/market/product/16851

https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand/

Order Management for Harmonic Pattern

This article will provide some ideas of managing buy and sell orders in Forex trading with the Pattern Compltion Interval in Harmonic Pattern. Many harmonic pattern trader use some arbitrary order management. Some uses Fibonacci levels but they are not able to measure or think how each winning and losing trades can affect their trading balance. You do need to know this to grow your capital safely. Risk and Order management is not the concept you can skip regardless of your trading strategy. So how can we manage buy and sell orders if we are trading with harmonic patterns like Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on. We can use the Pattern Completion Interval (=Pattern Completion Zone).

Pattern Completion Interval (=Pattern Completion Zone) was introduced in the Book: Guide to Precision Harmonic Pattern Trading to help you to trade with harmonic pattern with more scientific risk management. Of course, you can find more details about the Pattern Completion Interval from the book.

Link to Book: https://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/

In short, the Pattern Completion Interval helps you to achieve the desired Reward/Risk ratio while you are trading in real time tick by tick data. Here is one of many approaches how you may use the Pattern Completion Interval concept for your trading. Of course, this approach is compatible with your Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. We produce this diagram so you can understand this approach intuitively without any calculator in your hands. Tr = Take Profit Ratio and Sr = Stop Loss Ratio. The diagram shows the case of two orders but you can even generate more orders taking this example further. Hopefully this new diagram is easier to understand than previous one.

Of course, this precision trading frame work is inclusive to our Harmonic Pattern Indicators including Harmonic Pattern Plus and Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner. These indicators are available for both MetaTrader 4 and MetaTrader 5 platforms.

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

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

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Stop Loss and Take Profit with Harmonic Pattern

In this article, we will explain how to set stop loss and take profit with Harmonic Pattern. For any professional trading strategy, there are ways to manage the trading risk. Fortunatley, Harmonic Pattern can have the easy and complete trading risk management with Pattern Completion Zone. Pattern Completion zone is not the rocket science. It is a rectangle box drawn at the point D of any Harmonic Pattern. It can be drawn for any Harmonic Patterns including Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on.

You can consider the pattern completion zone as the trading zone simply speaking. If you are not sure what is the trading zone, then think it as just two price range, often used in the support resistance trading or supply demand trading or volume spread analysis or any other technical anlaysis. You can read more about the pattern completion zone and trading zone in Guide to Precision Harmonic Pattern Trading. However, if you have not read this book yet, then let us just assume it as two price around the point D in the Harmonic Pattern. Typically, the pattern completion zone will be provided with Harmonic Pattern Indicator or Scanner you are using for the purpose of the trading risk management. Pattern completion zone is very useful to visualize the price trajectory around the point D of the Harmonic Pattern. For example, price can have several trajectory inside or outside the pattern completion zone.

With the Pattern Completion Zone, you can observe that sometime price can reach outside the pattern completion zone. Sometimes, price might just make a good turning point within the Pattern Completion Zone. The implication of this is that we need to set the sensible stop loss when we trade with the turning point. What is important here is that the stop loss size and take profit size. We can this as the Reward/Risk ratio. This is really important quantity to understand if you want to become a profitable trader.

Stop loss size around the pattern completion zone can be changed. As long as you understand the pros and cons of using large stop loss, it is still fine to control your own stop loss size. It is best to express the stop loss size in terms of pattern completion zone. Likewise, it is best to express the take profit size in terms of the pattern completion zone too. It is because your Reward/Risk ratio is easily visualized in your chart without any additional calculation steps. For example, if the original stop loss size was equal to 1 x pattern completion zone, you can certainly use 1.5 x pattern completion interval or 2 x pattern completion interval. This will impact of your Reward/Risk ratio. Hence, you need to adjust your take profit target too. So there are some interactive element for trading. It is the safe and profitable way to trade as it helps to manage your trading risk in highly visual form and in quantified manner.

Another consideration is, if you can enter the market at the competitive price, then you can feel less guilty when you increase your stop loss size because you are still having the good Rewards/Risk ratio. On the other hands, if you have entered market at not so competitive price, then you might be cautious when you increase your stop loss size. Pattern Completionzon helps you to measure all these important price levels with just a simple box, also know as the trading zone.

All our Harmonic Pattern indicator comes with this pattern completion zone. Hence, Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner come with the Pattern Completion Zone. This means that with these products, you can manage your trading risk like the professional trader does.

In addition, you can watch the YouTube Video titled feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below.

YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk

YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”: https://youtu.be/uMlmMquefGQ

Below, we provide the landing page for Harmonic Pattern Plus, Harmonic Pattern Scenario Planner and X3 Chart Pattern Scanner for your information.

Harmonic Pattern Plus

One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.

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/

Harmonic Pattern Scenario planner

It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Please note that this is repainting and non lagging harmonic pattern trading system.

https://www.mql5.com/en/market/product/6240

https://www.mql5.com/en/market/product/6101

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

X3 Chart Pattern Scanner

Both Harmonic pattern plus and Harmonic Pattern Scenario planner are the excellent trading system at affordable cost. However, if you do not like repainting Harmonic pattern indicator, then we also provide the non repainting and non lagging harmonic pattern trading. Indeed, the X3 Chart Pattern Scanner is the most advanced Harmonic Pattern and Elliott Wave pattern scanner. Beside, X3 Chart Pattern Scanner provides many other powerful features like the customizable option and advanced channel and so on

https://www.mql5.com/en/market/product/41993

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Introduction to Excessive Momentum Indicator

Momentum trading is often used by the experienced trader. One innovative way to use the momentum trading is to trade with the excessive momentum. Excessive momentum is the technique to identify unusually strong supply or unusually strong demand by analyzing the price series. Why do we need to care about the unusually strong supply or unusually strong demand in our trading? It is because unusually strong supply or unusually strong demand are the sign of the end of the current trend ( or birth of new trend). As you probably guess, when the new trend is born, you can ride the highest profit as possible. Hence, the excessive momentum can provide you the attractive entries for your trading.

Excessive Momentum Indicator provides you the ability to detect the excessive momentum in Forex and Stock chart. Let us start this simple introduction. Firstly, understand that the excessive momentum could possibly point out some anomaly movement or anomaly momentum in the market. To help your understanding, you can consider the insufficient momentum (i.e. exceptionally low volatility market or sideways market) as the opposite concept against excessive momentum. Our Excessive momentum indicator provides the automatic way of measuring the excessive momentum in your chart.

Once Excessive momentum is detected, then it will draw the Fibonacci Levels in the important area in your chart automatically. Then you can take this as your trading entry. It is simple and easy to trade. Most importantly, it is the powerful momentum indicator that alarm you the important trading entry and exit in advance.

https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/

https://www.mql5.com/en/market/product/30641

https://www.mql5.com/en/market/product/30621

You can watch this YouTube Video about this Excessive Momentum Indicator.

Youtube: https://www.youtube.com/watch?v=oztARcXsAVA

You can read the full article: introduction to Momentum Trading. In this article, you will find how to unlock the potential of the excessive momentum trading. In addition, this article will provide you some introduction to Volume Spread Analysis.

https://algotrading-investment.com/2018/10/29/introduction-to-momentum-trading/

Beat Global Inflation Together Discounts

Global Inflation, what now? We thought that we will enjoy some recovery from the COVID 19 crisis. However, soon there was a war. This affect the global economy increasing the uncertainity, inflation, and interest rate. This is not nice. Everything on the street are getting more and more expensive including energy, food, cloth, house and so on. We really deserve some good time after the two years of suffering from the Covid 19.

We know this global inflation affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products. So we provide special discounts for 12 MetaTrader products all together.

Discounted price is shown in the screenshot for the following six products.

Ace Supply Demand Zone indicator
Advanced Price Pattern Scanner
Elliott Wave Trend
Price Breakout Pattern Scanner
Harmonic Pattern Scenario Planner
X3 Chart Pattern Scanner (=Profitable Pattern Scanner)
This discounted price is only available when you buy these products from mql5.com

The price will go back to the original price when the discounts ends. Please take the discounted price now while it last only.

https://www.mql5.com/en/users/financeengineer/seller#products

https://www.algotrading-investment.com/

Non Repainting and Non Lagging Harmonic Pattern Scanner

X3 Chart Pattern Scanner is the world first Non Repainting and Non Lagging Harmonic Pattern Scanner. Harmonic pattern indicator and scanner help you to automatically detect the Harmonic Patterns like Gartley Pattern, Butterfly Pattern, Bat Pattern, Crab Pattern, Cypher Pattern, 5-0 Pattern and so on. If you have used the automated Harmonic Pattern Scanner, then you probably know some specific facts about the harmnic pattern indicators in regards to repainting. Repaintng is a fact you should know about when you buy Harmonic Pattern indicators and Scanners on the internet. It does not matter which website you get from or which company you get from or what price you get from, the automated Harmonic Pattern indicator and Scanner can be repainting and if not, then they will lag behind the actual Harmonic Pattern signal. In addition, they will not show the fully synchronized real time signal like you can observe the historical signals in your chart. This can confuse the real trading performance or success rate of your trading strategy with Harmonic Pattern.

Despite of the fact that many trader uses Harmonic Pattern indicators and Scanners, this happens due to the technological limitation. Harmonic Pattern provides the fast signal entry comparing to other techncial indicator. Instead of this fast signal, they are repainting. Hence, there is a trade off between the fast signal and repainting. Think about the moving average or other technical indiactor. In terms of the trading signal, they mostly lags behind the actual turning point due to the smoothing algorithm used in the techncial indicator. This is to say that it is very hard to build the Harmonic Pattern Detection indicator that gives you the fast trading signal without repainting. Even if someone build that non repainting Harmonic Pattern indicator, finding the consistency between real time signal and historical signals are another story. But everyone want to have this sort of dream Harmonic Pattern Indicator even though techncially such a harmonic pattern indicator is really hard to build.

After the intensive research, X3 Chart Pattern Scanner is the game changer for everyone. It does not repaint or lag. It will provide you pattern at turning point but you do not have to worry about if incomplete harmonic pattern will disappear from the chart or not. It will provide the real trading signal as you can see in the historical signals in your chart. You can backtest your trading logic with any secondary confirmation from your chart. Hence, you can base your trading entry and exits as you perceived from your chart. In another words, you can trade as you see from your chart. All other Harmonic Pattern scanner does not provide this sort of direct backtesting capability in your chart.

As a bonus, X3 Chart Pattern Scanner provides around 52 Japanese candlestick patterns + Advanced automatic channel function to improve your trading performance. Of course, there are tons of other powerful features for your trading. You can find those features from the landing page of X3 Chart Pattern Scanner. Below is the link to X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5.

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

https://www.mql5.com/en/market/product/41992

https://www.mql5.com/en/market/product/41993

Here are some YouTube Videos about Non Repainting Harmonic Pattern Scanner. This Youtube video will explain some features of X3 Chart Pattern Scanner, the non repainting, non lagging harmonic pattern and Elliott Wave pattern indicator. Please watch the video to find out more about the non repainting Harmonic Pattern indicator.

YouTube: https://www.youtube.com/watch?v=uMlmMquefGQ&feature=youtu.be

YouTube: https://www.youtube.com/watch?v=2HMWZfchaEM

However, if you do not mind repainting or historical backtesting, then we provide the powerful Harmonic Pattern indicator at affordable price. For example, Harmonic Pattern Plus and Harmonic Pattern Scenario Planner are the repainting Harmonic Pattern Indicator with tons of powerful features. You can have a look what powerful features are included inside Harmonic Pattern Plus and Harmonic Pattern Scenario Planner from the link below. Most importantly, they come at affordable price and they are easy to use. Please have a look at the link below.

https://algotrading-investment.com/2018/11/03/harmonic-pattern-plus-introduction-2/

Ace Supply Demand Zone Indicator – How to Remove Take Profit and Stop Loss Levels

One of the greatest advantage of Ace Supply Demand Zone indicator is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.

There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.

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 learn the basic operation with the supply demand zone indicator.

YouTube “Supply Demand Zone Indicator”: https://youtu.be/lr0dthrU9jo

Below is 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/

Powerful Non Repainting Supply Demand Zone MetaTrader Indicator

Ace Supply Demand Zone is the non-repainting Supply Demand indicator. This supply demand indicator 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. Since you have an access to fresh supply and demand zone as well as the historical supply demand zone, 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 the Ability to trade the original supply demand zone trading, you can also perform highly accurate Angled Supply Demand zone trading as a bonus. With a lot of sophisticated gadgets 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://youtu.be/lr0dthrU9jo

Beat Global Inflation Together Discounts

Global Inflation, what now? We thought that we will enjoy some recovery from the COVID 19 crisis. However, soon there was a war. This affect the global economy increasing the uncertainity, inflation, and interest rate. This is not nice. Everything on the street are getting more and more expensive including energy, food, cloth, house and so on. We really deserve some good time after the two years of suffering from the Covid 19.

We know this global inflation affect the whole world. Hence, we provide 50 USD discounts on the six MetaTrader 4 and six MetaTrader 5 products. So we provide special discounts for 12 MetaTrader products all together.

Discounted price is shown in the screenshot for the following six products.

Ace Supply Demand Zone indicator
Advanced Price Pattern Scanner
Elliott Wave Trend
Price Breakout Pattern Scanner
Harmonic Pattern Scenario Planner
X3 Chart Pattern Scanner (=Profitable Pattern Scanner)
This discounted price is only available when you buy these products from mql5.com

The price will go back to the original price when the discounts ends. Please take the discounted price now while it last only.

https://www.mql5.com/en/users/financeengineer/seller#products

https://www.algotrading-investment.com/

Volume Spread Analysis Indicator List

We provide three different Volume Spread Analysis indicators and volume based tools. Our volume spread analysis tools are the hybrid of volume spread analysis and signal processing theory.

These tools will help you to complete your trading decision with high precision. As long as you understand the concept of the Accumulation and Distribution area in the volume spread analysis, these tools will help you to predict the presence of Accumulation and Distribution area. Hence, you can predict the best trading opportunity.

Firstly, Volume Spread Pattern Indicator is the powerful volume spread analysis indicator that operated across multiple timeframe. Volume Spread Pattern Indicator will not only provide the bearish and bullish volume spread pattern in the current time frame but also it will detect the same patterns across all timeframe. You just need to open one chart and you will be notified bullish and bearish patterns in all timeframe in real time.

Here is the link to Volume Spread Pattern Indicator.

https://www.mql5.com/en/market/product/32961

https://www.mql5.com/en/market/product/32960

https://algotrading-investment.com/portfolio-item/volume-spread-pattern-indicator/

Secondly, Volume Spread Pattern Detector is the light version of Volume Spread Pattern Indicator above. This is free tool with some limited features. However, Volume Spread Pattern Detector is used by thousands of traders. Especially, it works great with the support and resistance to confirm the turning point. This is free tool. Just grab one.

https://www.mql5.com/en/market/product/28438

https://www.mql5.com/en/market/product/28439

https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/

Both Volume Spread Pattern Indicator and Volume Spread Pattern Detector works well with Excessive Momentum indicator as Excessive Momentum indicator helps to detect the potential Accumulation and Distribution area automatically. Hence, if you are using Excessive Momentum Indicator, then you can use one between Volume Spread Pattern Indicator or Volume Spread Pattern Detector. In addition, we provide the YouTube video to accomplish the basic operations of Excessive Momentum Indicator.

YouTube Video (Momentum Indicator): https://youtu.be/oztARcXsAVA

Here is link to Excessive Momentum Indicator for MetaTrader 4 and MetaTrader 5.

https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/

https://www.mql5.com/en/market/product/30641

https://www.mql5.com/en/market/product/30621

Thirdly, we provide the volume Zone Oscillator. This is another useful free tool that utilizes the volume information for your trading. You can use these tools for volume spread analysis, Harmonic Pattern, Elliott Wave Pattern, X3 Price Pattern further. This is free tool. Just grab one.

https://algotrading-investment.com/portfolio-item/volume-zone-oscillator/