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
10284
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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Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 4. Suppo
Unlimited Trade Copier Pro
Vu Trung Kien
3.86 (7)
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
Coppy Master MT4
Sergey Batudayev
4 (3)
Copy Master MT4       è uno strumento di copia delle transazioni per i terminali MetaTrader 4 e MetaTrader 5. Supporta la copia in entrambe le direzioni: da MT4 a MT5, da MT5 a MT4, nonché tra conti dello stesso tipo MT4 a MT4. Per funzionare correttamente, tutti i terminali devono essere in esecuzione sullo stesso PC o VPS. [ Instruction  and Demo ]  Per la copia su MetaTrader 4, una versione separata —       Copy Master MT5       - è obbligatorio. Caratteristiche principali: Modalità di copia
In the current version this filter will only work with my   night scalpers and the EA Profitection Filter  or with other EAs that utilize the global variables set by this EA.  An MT5 version is availalble   here .  Many scalpers these days have a "normal" news filter, which filters calendar news such as interest rate decisions or CPI releases.  However, this breaking news filter is able to filter non-standard breaking news. It will check every minute for news and if it finds a news event, it w
ManHedger MT4
Peter Mueller
5 (2)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
VirtualTradePad PRO SE MT4 — pannello di trading avanzato e workspace grafico per MetaTrader 4 VirtualTradePad PRO SE è un pannello di trading professionale e un ambiente di gestione delle operazioni per MetaTrader 4 . Aiuta i trader ad aprire, gestire, proteggere, chiudere e analizzare le operazioni più rapidamente da un’unica interfaccia basata sul grafico. Il prodotto è stato creato per trader manuali attivi che hanno bisogno di qualcosa di più di un semplice insieme di pulsanti. PRO SE combi
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
10284
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
1573
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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