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YFX Wing Patterns

The Wing Patterns indicator scans for many different kinds of Patterns using an XABCD structure. The term Wing Pattern is used to refer to all types of patterns based on a general XABCD structure, which is plotted in an alternate high-low extreme form.

In other words, assume that point X is started at a low point on the chart. The point A is plotted at the next highest point within a certain number of bars. This certain number of bars is called the depth level. In this example, point B would be plotted at the next lowest point for a particular depth. Following the flow, point C is at next high and point D is at the next low. If you connect these points on a chart, it usually looks like the wings of a butterfly, thus the name Wing Pattern.

These patterns fit very well with the Harmonic patterns. There are many patterns that can be displayed in this indicator. Predefined patterns include the following:

  • Gartley.
  • Pattern 5-0.
  • AB=CD.
  • Bat.
  • Butterfly.
  • Crab.
  • Cypher.
  • Deep Crab.
  • Shark.
  • Three Drives.
  • Wolf Wave.

Other patterns that can be searched are stored in an external file. Users can also define their own patterns by adding lines of data to the external file. Note that patterns can be changed or removed from the external file.

A user control panel is shown on the chart that allows users to control the display of identified patterns. Users can turn on/off the desired patterns. All control panel parameters can be set by the users.


Parameters

The Wing Patterns indicator has many configurable parameters. This allows for all aspects of the indicator to be changed for the user’s preferences. By default, the indicator is designed to work without any configuration required. The parameters are divided into the following categories:

  • Yancy Indicator Parameters - Control the overall functionality of the indicator.
  • Wing Pattern Basic Parameters - Control how the indicator is calculated and used.
  • Factor Parameters - Set global constant values used throughout the Wing Patterns indicator.
  • Search Pattern Parameters - Control which patterns are analyzed and search during pattern analysis.
  • Custom Pattern Parameters - Control how user-defined patterns are treated.
  • Wolfe Wave Parameters - Configure how the Wolfe Wave patterns are managed in the indicator.
  • Fibonacci Parameters - Configure how Fibonacci retracements are managed.
  • Size Parameters - Configure the size of lines used to draw patterns on the chart.
  • Font Parameters - Manage the fonts used in the indicator.
  • Color Parameters - Colors can be strongly preferred by users. The Wing Patterns indicator allows all colors to be changed according to each user’s preference. The specific colors do not change the underlying calculations of the indicator.
  • Button Parameters - configure how control panel GUI objects are managed in the indicator.
  • Display Parameters - Control how wing patterns are displayed on the chart.
  • Signals Parameters - Manage how trade signals are treated by the indicator.
  • Message Parameters - Determine how the indicator notifications are conveyed to the user. There are several options and the user can select which ones to use at any time. Multiple options can be enabled simultaneously.
  • Quiet Time Parameters - Control when notification messages are conveyed to the user. Parameters in this section specify a time period when all notifications are disable. Settings in this section override the message parameters and alert parameters. No notification will be sent during quiet time.
  • Message Info Parameters - Configure if internal statistics are maintained by the indicator. The information is generally not needed by the user. Thus, it is recommended to leave the options disabled.
  • Debug Parameters - Debugging can be configured with the parameters in this section. Debugging would cause a great number of messages to be generated if enabled. It is highly recommended to leave debug disabled.

It should be noted that the user does not have to change any parameters for the indicator to work. All parameters have default values that have the lowest impact on the indicator and user. The Wing Patterns indicator is designed to work perfectly by just placing it on a chart.

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Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
This indicator is based on the Gann Signal indicator and acts as a market scanner. All you need to do is fill in the selected currency pairs in the settings and that’s it. Next, the indicator itself will view all these currency pairs and time frames from M5 to D1 simultaneously. When a new signal appears, the indicator will give you an Alert and also draw the letter N where this new signal will be.
GOLD Impulse with Alert
Bernhard Schweigert
4.56 (9)
Questo indicatore è una super combinazione dei nostri 2 prodotti Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Funziona per tutti i time frame e mostra graficamente l'impulso di forza o debolezza per le 8 valute principali più un simbolo! Questo indicatore è specializzato nel mostrare l'accelerazione della forza delle valute per qualsiasi simbolo come oro, coppie esotiche, materie prime, indici o futures. Primo nel suo genere, qualsiasi simbolo può essere aggiunto
Dynamic Forex28 Navigator - Lo strumento di trading Forex di nuova generazione. ATTUALMENTE SCONTATO DEL 49%. Dynamic Forex28 Navigator è l'evoluzione dei nostri indicatori popolari di lunga data, che combinano la potenza di tre in uno: Advanced Currency Strength28 Indicator (695 recensioni) https://www.mql5.com/en/market/product/13948 + Advanced Currency IMPULSE con ALERT (520 recensioni) https://www.mql5.com/en/market/product/18155 + CS28 Combo Signals (Bonus). Dettagli sull'indicatore https:
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
ON Trade Optuma Astro
Abdullah Alrai
5 (4)
Presentazione dell'Indicatore Astronomico per MT4: Il tuo compagno di trading celeste definitivo Sei pronto a elevare la tua esperienza di trading a livelli celesti? Non cercare oltre, il nostro rivoluzionario Indicatore Astronomico per MT4 è qui. Questo strumento innovativo va oltre gli indicatori di trading tradizionali, sfruttando algoritmi complessi per offrirti intuizioni astronomiche senza pari e calcoli di precisione. Un universo di informazioni a portata di mano: Ammira un pannello compl
Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
4.82 (22)
Scontato a 299 dollari! I prezzi potrebbero aumentare in futuro! Leggi la descrizione qui sotto! Il miglior sistema di ingresso per la plancia Ultimate Sniper: LIVELLI DINAMICI FINALI. (Si prega di controllare i miei prodotti) L'Ultimate Sniper Dashboard funziona SOLO sui mercati live a causa dei limiti di test della MT4 multicurrency. Vi presentiamo l'Ultimate Sniper Dashboard! Il nostro migliore che contiene sia HA-Sniper, MA-Sniper e molte modalità speciali. Il cruscotto Ultimate Sni
PZ Mean Reversion MT4
PZ TRADING SLU
2.33 (3)
Indicatore unico che implementa un approccio professionale e quantitativo al trading di reversione. Sfrutta il fatto che il prezzo devia e ritorna alla media in modo prevedibile e misurabile, il che consente regole di entrata e uscita chiare che superano di gran lunga le strategie di trading non quantitative. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Segnali di trading chiari Incredibilmente facile da scambiare Colori e dimensioni personalizzabili Implementa
Altri dall’autore
Overview This is a very simple indicator that displays the relative strength values of the currencies on te current chart and timeframe. The strength is only calculated for the currencies: AUD - Australian Dollar CAD - Canadian Dollar CHF - Swiss Franc EUR - European Union Euro GBP - Great Britain Pound JPY - Japanese Yen NZD - New Zealand Dollar USD - United States Dollar These are considered the major currencies in the world. There are 28  distinct combinations of major currency pairs. Other
The YFX Symbol Data indicator is used to display all the information about the current chart symbol. The indicator makes it easy to examine much more information than just the bid/ask price. Information is categorized as follows: Basic Information - The most generic information about a symbol. It includes the symbol name, bid/ask prices, and spread data. It also includes the low price and high price reached during the current period. Timeframe Information - More details about the current timefra
The Advanced EMA indicator implements an exponential moving average with many additional features. First, EMA is color-coded to indicate distance between the price and EMA. This Advanced EMA has many features and configurations that set it far above standard EMA indicators used most platforms. There are 3 types of indications in the indicator. The EMA is color-coded. Secondly, cross points of price and EMA are marked. Thirdly, BUY/SELL signals are shown.‌ Color-coding the EMA allows you to easil
YFX Zones
Richard Yancy
The Zones indicator provides a visual display of the boundaries around a price action. There are two types of zones included in the indicator: High-Low price zones Time period zones (delineations) High-Low price zones display the boundaries of the High and Low price points. Typically, these zones are displayed for the High and Low price of the day. Time period zones display boundaries around time period intervals. PARAMETERS Yancy indicator IndicatorName – indicator name displayed in the char
The YFX Symbol Watermark indicator is used to display a watermark on your chart, which makes it easy to see at a glance the symbol information for any chart. The displayed information includes: Symbol Name and Timeframe on the chart Description of the currencies Tag line, which can contain any user-defined information All the information can be displayed on the chart so that it can be easily read. The indicator also has parameters that can be set to customize which information is displayed. Para
The YFX Symbol Selector indicator is used to easily change the chart symbol and period with a click of a button. This is done by using a selector GUI object that can be placed on any corner of the chart. The GUI selector contains the following information: Descriptive header for GUI selector panel Symbol information and controls for changing the chart symbol Period information and controls for changing the chart period Footer containing the current bid/ask quote for the currently selected symbol
The Candle Patterns indicator provides a visual display of candlestick patterns. There are more than 100 patterns that can be displayed. The indicator allows for candles on the chart to be grouped and considered as one candle. This allows the price action within a candle to be observed in the context of a candlestick pattern. The number of bars per candle can be set in the parameters. All patterns can be filtered so that only patterns with certain attributes are displayed. The prior trend is tak
This indicator contains a custom version of the classic Turtle Trader indicator. It implements both the main system ( S1 ) and fail-safe system ( S2 ) as described by the original Turtles. Notifications can also be enabled for trade signals. The main rule of the indicator is to generate a signal when a T -period breakout occurs. A stop signal is then generated when an S -period high or low is breached. The T -period value is the number of periods used to evaluate a trend. S -period values are th
The Advanced Bands indicator is a custom indicator based on the classic Bollinger Bands as created by John Bollinger. Generally, Bollinger Bands are created by adding/subtracting a number of standard deviations from the price. Advanced Bands also creates bands the same way and adds more features to be more useful for traders.   FEATURES Three levels of bands (inside, outside, extreme) and a moving average can be plotted. Area between bands can be filled and highlighted. Number of deviations for
The Advanced Bands Squeeze indicator is a custom indicator based on the classic Bollinger Bands as created by John Bollinger. The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. This low volatility level is called a “Squeeze”.  According to John Bollinger, periods of low volatility are often followed by periods of high volatility, where prices tend to move a lot in either direction. Therefore, a volatility contraction or narrowing of the bands
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Versione 6.0 2020.02.06
* Improved performance and optimization.
* Reduce amount of resources required.
* Minor fixes such as spelling and label corrections.
Versione 5.4 2019.04.12
* Major performance enhancements. Pattern calculation is reduced to only when needed. Parameter can be set to perform calculations on an interval or with every price tick.

* Display panel enhancements. The display panel now keeps a rolling list of patterns found with newer patterns being added to top of list.
Versione 5.2 2019.02.21
Fixed issue where the patterns were delayed in being drawn on chart. Now patterns are calculated and drawn immediately once indicator is placed on a chart, when patterns are found.