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
9894
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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Risk Manager for MT4
Sergey Batudayev
4.6 (10)
Expert Advisor Risk Manager per MT4 è un programma molto importante e secondo me necessario per ogni trader. Con questo Expert Advisor sarai in grado di controllare il rischio nel tuo conto di trading. Il controllo del rischio e del profitto può essere effettuato sia in termini monetari che in termini percentuali. Affinché l'Expert Advisor funzioni, è sufficiente allegarlo al grafico della coppia di valute e impostare i valori di rischio accettabili nella valuta del deposito o in % del saldo
RedFox Copier Pro
Rui Manh Tien
4.7 (10)
Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4 platforms. Users not only can follow all instructions from the signa
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
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
Trade Reverse Copie4
Chukwuemeka Kingsley Anyanwu
Feel free to contact me for any extra features :) [SEE MT5 VERSION  https://www.mql5.com/en/market/product/128846 The Local Reverse Copier is an Expert Advisor designed to synchronize positions between a Master account and a Slave account with a twist: it reverses the trades. When a buy position is opened on the Master account, the EA opens a sell position on the Slave account, and vice versa. This allows for a unique form of trade copying where positions are mirrored in opposite directions bet
Trailing Stop Universal MT4 / MT5 utility is a multifunctional tool for protecting floating profit on open positions and reducing possible risks in trading. To realize these goals, the tool offers the user the following features. Breakeven function - transfers a position to breakeven when the profit of the position allows it. If this function is enabled and the conditions of its operation are met, it moves the StopLoss order to the opening price of the position or even to the profitable area of
Copier4Fee Advanced
Vladimir Tkach
4.75 (16)
The utility copies trades from the signal provider accounts (master accounts, one or multiple providers) to unlimited number of receiver accounts (slave accounts).  Attention! Y ou need to use identifiers (Provider number) of the same length if you use several master copiers. For example. 1, 2, 3 or 11, 13, 22. The copying can be set in the opposite direction. The comments with all the recently performed actions are displayed on the screen to monitor the utility actions in slave mode. To avoid p
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
1040
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
9894
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
1513
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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