Fractal Pattern Scanner MT4

5

Introduction to Fractal Pattern Scanner

Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabilty. Your ability to measure the turning point probabilty and trend probabilty for each price action can boost your trading accuracy marginally.


Breakout Trading and Reversal Trading

Fractal Pattern Scanner can provide both breakout and reversal trading opportunity. Firstly, you can use the Fractal Pattern Scanner as the pure probability machine to measure the turning point probability. This turning point probability quantifies the price action at every wave in your chart. While you are using the Fractal Pattern Scanner as the pure probability machine, you can access both reversal and breakout trading. You can look for the breakout trading opportunity when the turning point probability is relative low whereas you can look for reversal trading opportunity when the turning point probability is relative high. Secondly, you can ask the Fractal Pattern Scanner to detect the mother wave pattern. Mother wave pattern detection can be considered as the statistical representation of the Elliott Wave Theory. For example, Mother wave pattern detect the pattern inside pattern structure, where small patterns are jagged inside big pattern like the Elliott Wave pattern. With mother wave pattern, you can also perform both breakout and reversal trading.

 

Main Features

1. Provide the automatic turning point probability measurement in multiple cycles.

2. Provide breakout trading and reversal Trading with wave pattern detection. 

3. Provide the Multiple Timeframe Panel for Turning Point Probability

4. Fibonacci Probability Graph helps to detect the accurate trading opportunity with support and resistance.

5. Automated Gann's Angles (Gann's Fan), the advanced Gann Angles tuned with probability (Bonus and optional feature only).

6. Automated Andrew's Pitchfork (Bonus and optional feature only).


Trading Strategy Guide

As long as you understand where to search breakout trading and reversal trading opportunity, you can combine the Fractal Pattern Scanner with any other technical analysis for reversal and breakout trading. Especially, you can use any horizontal support and resistance with the turning point probability and trend probability. Altough it is possible to use Fractal Pattern Scanner with diagonal support resistance as well as triangle pattern, rising wedge pattern and falling wedge patterns, we recommend to start with the horizontal support resistance. Simply, it is easy to start with horizontal support resistance. For example, you can use any horizontal support resistance with Fractal Pattern Scanner. 

  • horizontal support resistance
  • supply demand analysis 
  • fibonacci analysis
  • pivot point analysis 
  • round number 
  • and so on

With some hands on experience, you will soon learn how to control your success rate and to do risk management with the turning point probability. In another words, you are transforming your trading into the quantiative trading like the expert does.

Trading Strategy Guide: https://www.mql5.com/en/blogs/post/750345


Buit-in Breakout Trading System

From above trading strategy guide, we have provided the ways to improve the accuracy of the support and resistance analysis with the Fractal Pattern Scanner. However, Fractal Pattern Scanner provides its own breakout trading signal too. It does it by detecting the mother wave and child waves. Especially, we provide this signal across multiple timeframe. Hence, you need to have one Fractal Pattern Scanner for each symbol. Therefor there are multple ways to use the Fractal Pattern Scanner for your trading. 


Important Note

This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.


Recensioni 2
Vincent Paul Colombe
683
Vincent Paul Colombe 2021.12.24 11:44 

Awesome indicator! Really tells you the strength of the move so that you can be prepared for a reversal or a breakout. That was the bit I was missing, and now, I found my trading to have reached the next level! Use over 65% trigger for a reversal, before/after resistance/support repectively: this is a killer strategy!

swarren777
1053
swarren777 2021.09.28 20:49 

Fractal Scanner. Is very powerful tool. It brings a 3rd dimension. To pattern prediction. Young Ho Seo teaches that using various algorithms in conjunction increases the ability to predict global turning point. To bring together we collect alerts. In emails. To build data base for confluence idea.. The systematic process of generating ideas with automation this allows us to deploy what ever tactic.. Reversals or momentum.. I read all of his books which i reccomend. He makes it plain and clear. Fractal scanner and x3 pattern scanner. Supply demand is great frame work. Put together a correlated list of instruments.. With these tools. U will see the market talk to u.. Good luck and great trading

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ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The ind
Meravith
Ivan Stefanov
5 (3)
Strumento per market maker. Meravith: Analizzerà tutti i timeframe e mostrerà il trend attualmente in corso. Evidenzierà le zone di liquidità (equilibrio dei volumi) dove i volumi rialzisti e ribassisti sono uguali. Mostrerà tutti i livelli di liquidità dei diversi timeframe direttamente sul grafico. Genererà e presenterà un’analisi di mercato testuale a scopo di riferimento. Calcolerà obiettivi, livelli di supporto e punti di stop-loss in base al trend attuale. Calcolerà il rapporto rischio/ren
Linear Trend Predictor : indicatore di tendenza che combina punti di ingresso e linee di supporto direzionale. Funziona secondo il principio di rottura del canale dei prezzi alto/basso. L'algoritmo dell'indicatore filtra il rumore di mercato, tiene conto della volatilità e delle dinamiche di mercato. Capacità dell'indicatore Utilizzando metodi di smoothing, mostra l'andamento del mercato e i punti di ingresso per l'apertura di ordini di ACQUISTO o VENDITA. Adatto per determinare i movimenti d
Binary Booster
Yaroslav Varankin
5 (1)
Binary Options Trading Indicator: A Reliable Tool for Your Trades This indicator is specifically designed for binary options trading and has proven its high quality, reliability, and adequate accuracy, depending on the dynamics of the chart. Key Points: Signal Interpretation: When a blue cross signal appears, it indicates a potential entry into a trade, though it is considered a weak signal on its own. However, if the blue cross is accompanied by an arrow, it is considered a more reliable buy s
Binary Options Support Resistance Indicator This indicator is designed for binary options trading and effectively shows retracements from support and resistance levels. Signals appear on the current candle. A red arrow pointing downwards indicates a potential selling opportunity, while a blue arrow pointing upwards suggests buying opportunities. All that needs adjustment is the color of the signal arrows. It is recommended to use it on the M1-M5 timeframes as signals are frequent on these timef
NAM Order Blocks
NAM TECH GROUP, CORP.
3.67 (3)
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
MagicTrigger — Indicatore di conferma della divergenza HD/RD multi-timeframe MagicTrigger è un motore di divergenze multi-timeframe che cerca una divergenza strutturale su un timeframe superiore (HD) e ne attende la conferma tramite divergenze corrispondenti su timeframe inferiori (RD) all'interno della stessa zona di prezzo. L'indicatore segnala un'opportunità solo quando la struttura del timeframe superiore e le conferme dei timeframe inferiori coincidono, insieme a un punto di ingresso sugger
Enigmera
Ivan Stefanov
5 (9)
ENIGMERA: Il cuore del mercato Importante: La demo di MQL5.com funziona nel Strategy Tester e potrebbe non riflettere completamente le funzionalità di Enigmera. Consulta la descrizione, gli screenshot e il video per maggiori dettagli. Non esitare a inviarmi un messaggio se hai domande! Il codice dell'indicatore è stato completamente riscritto. La versione 3.0 aggiunge nuove funzionalità e corregge i bug accumulati dall'inizio dell'indicatore. Introduzione Questo indicatore e sistema di trading
First time on MetaTrader, introducing IQ Star Lines - an original Vedic Astrology based indicator. "Millionaires don't use astrology, billionaires do" . - J.P. Morgan, Legendary American financier and banker. We don't offer free or bonus indicators in exchange of reviews from you. You won't need any free products with this indicator to make it work. ;) Enjoy! Welcome to  the new and updated  IQ Star Lines , the ultimate fusion of ancient planetary harmonic cycles and modern quantitative trading.
Altri dall’autore
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
Introduction Excessive Momentum Indicator is the momentum indicator to measure the excessive momentum directly from raw price series. Hence, this is an extended price action and pattern trading. Excessive Momentum Indicator was originally developed by Young Ho Seo. This indicator demonstrates the concept of Equilibrium Fractal Wave and Practical Application at the same time. Excessive Momentum detects the market anomaly. Excessive momentum will give us a lot of clue about potential reversal and
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detect following patterns automatically from your chart. Head and Shoulder - Common tradable pattern. Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder. Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level. Double Bottom - The double bottom pattern is
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r
Ace Supply Demand Zone Indicator The concept of supply demand relies on the quantity mismatching between buying and selling volumes in the financial market. Supply and demand zone can provide the good entry and exit. A zone is easier to trade than a line. The supply demand zone can provide the detailed trading plan and the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Ace Supply Demand Zone indicator was
Mean Reversion Supply Demand Indicator Mean Reversion Supply Demand is the indicator to detect the important supply demand zone in your chart. The concept of supply demand trading relies on the quantity mismatching between buying and selling volumes in the financial market. Typically, supply demand zone serves to predict the turning point. The wave pattern, for any supply demand zone to work as an successful trade, looks like the price must touch the base zone, move away and then return to zone
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
FREE
Auto Chart Alert MT5
Young Ho Seo
3.83 (6)
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. Au
FREE
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
FREE
Time Box Indicator MT5
Young Ho Seo
4.75 (4)
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days to
FREE
Time Box Indicator MT4
Young Ho Seo
4.71 (7)
Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days to
FREE
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
FREE
Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit o
FREE
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
FREE
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for y
FREE
Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for y
FREE
Auto Chart Alert MT4
Young Ho Seo
5 (2)
Introduction Auto Chart Alert is a convenient tool to set alert for your trading in your chart. With Auto Chart Alert, you can set the alert line in one click in your desired location in your chart. You can even set alert over the sloped lines in your chart. Auto Chart Alert is a great tool when you have to watch out importnat support and resistance levels for your trading. You can receive the sound alert, email and push notification when the price hit the alert line at you desired location. Au
FREE
Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu
FREE
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
Introduction to Harmonic Pattern Scenario Planner The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind. Main Features Predicting future patterns for scenario
Introduction to Smart Renko The main characteristics of Renko Charting concern price movement. To give you some idea on its working principle, Renko chart is constructed by placing a brick over or below when the price make the movement beyond a predefined range, called brick height. Therefore, naturally one can see clear price movement with less noise than other charting type. Renko charting can provide much clearer trend direction and it helps to identify important support and resistance level
Introduction to Support Resistance Indicator Support and Resistance are the important price levels to watch out during intraday market. These price levels are often tested before development of new trend or often stop the existing trend causing trend reversal at this point. Highly precise support and resistance are indispensable for experienced traders. Many typical trading strategies like breakout or trend reversal can be played well around these support and resistance levels. The Precision Sup
This innovative technical indicator was created to detect quiet market period before the beginning of the high volatile market. Like many good technical indicators, this Market Activity Index is very stable and it is widely applicable to many financial and non financial instruments without too much restriction. The Market Activity Index can be used best to visualize the alternating form of low and high volatile market. It is very useful tool to pick up the quiet market but ironically this is the
Introduction To Turning Point Indicator The trajectories of Financial Market movement are very much like the polynomial curvatures with the presence of random fluctuations. It is quite common to read that scientist can decompose the financial data into many different cyclic components. If or any if the financial market possess at least one cycle, then the turning point must be present for that financial market data. With this assumption, most of financial market data should possesses the multipl
Introduction to Order Risk Panel Pro EA Order Risk Panel Pro EA is the professional version of the simple Order Risk Management EA. Order Risk Panel Pro EA incorporate three powerful features in one. The three powerful features include the visual trading & Risk Management, the Harmonic Volatility Line indicator and Trade Statistics Panel. For all these three features, you get the price of one. Firstly, Order Risk Panel Pro provides the highly efficient visual trading feature. You do not have to
Filtro:
Vincent Paul Colombe
683
Vincent Paul Colombe 2021.12.24 11:44 

Awesome indicator! Really tells you the strength of the move so that you can be prepared for a reversal or a breakout. That was the bit I was missing, and now, I found my trading to have reached the next level! Use over 65% trigger for a reversal, before/after resistance/support repectively: this is a killer strategy!

Young Ho Seo
100380
Risposta dello sviluppatore Young Ho Seo 2021.12.24 11:52
You have the point exactly. Use the Risk Management together with the turning point probabilty. You will be on the right way to success. Aim to trade when the reward is more than two times greater than risk. Then you only need 50% or slightly more success rate to get profits. if you know this principle, trading is fun after. Use the turning point probabilty, to controll your success rate. There are many places I wrote the money making principle in our trading eduction books. Hope these trading education books found more Forex trader to guide in the right direction. https://algotrading-investment.com/2019/07/23/trading-education/
swarren777
1053
swarren777 2021.09.28 20:49 

Fractal Scanner. Is very powerful tool. It brings a 3rd dimension. To pattern prediction. Young Ho Seo teaches that using various algorithms in conjunction increases the ability to predict global turning point. To bring together we collect alerts. In emails. To build data base for confluence idea.. The systematic process of generating ideas with automation this allows us to deploy what ever tactic.. Reversals or momentum.. I read all of his books which i reccomend. He makes it plain and clear. Fractal scanner and x3 pattern scanner. Supply demand is great frame work. Put together a correlated list of instruments.. With these tools. U will see the market talk to u.. Good luck and great trading

Young Ho Seo
100380
Risposta dello sviluppatore Young Ho Seo 2021.12.24 11:59
My favourite trading strategy becomes to use the turning point probability (or trend probability) togheter with supply demand analysis or other horizontal support and resistance. It is easy to trade plus I have the full control over the success rate as well as the risk management. But as I mentioned in my book, Harmonic Pattern and X3 Chart Pattern combined with supply demand analysis is pretty good too. Just let you know I not have the full description over the supply demand analysis in terms of fractal wave in my latest book: Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
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