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"

Recensioni 4
Aravind Kolanupaka
10410
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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Blocco automatico del profitto al raggiungimento del profitto target EquityTargetCloser   — è un consulente esperto utility per MetaTrader 5 che chiude automaticamente tutte le posizioni di mercato ed elimina gli ordini pendenti non appena   l'equity supera il saldo corrente dell'importo di profitto specificato . Dopo la chiusura di tutte le posizioni, l'obiettivo aumenta automaticamente: la nuova soglia = nuovo saldo + profitto specificato. L'EA non apre operazioni, ma gestisce solo le posizion
Trader Evolution MT4
Siarhei Vashchylka
5 (2)
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simplifies
DrawDown Limiter MT4
Haidar Lionel Haj Ali
5 (8)
DrawDown Limiter v5.0 — Advanced Account Protection Controller DrawDown Limiter v5.0 is a client-side account protection controller designed to supervise your trading account and automatically react when configured risk, profit, news, schedule, rollover, or position limits are reached. It can monitor manual trades, automated strategies, multiple Expert Advisors, pending orders and floating positions from one dedicated chart. It can protect the complete account or be configured to supervise a spe
Risk manager Risk manager - it will simplify the tracking of drawdown and will notify you (alert) when the specified risk is reached, and close/lock orders when the critical DD risk level is reached. If the specified drawdown is exceeded, you can choose two options for actions: All orders will be closed that mean loss will be fixed on depo. The terminal also closes. Instead of fixing the loss on depo, the opposite order will be opened - orders locking will occure. Not a single order will be c
Auto Trade Copier
Vu Trung Kien
4.77 (86)
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
MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->  
Altri dall’autore
ATR Levels
Cong Khai Nguyen
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
10410
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
1608
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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