M W Scanner MT5

** All Symbols x All Timeframes scan just by pressing scanner button **

Introduction:

Double Top(M) and Double Bottom(W) is a very repetitive common type of price reversal patterns. Double Top resembles M pattern and indicates bearish reversal whereas Double Bottom resembles W pattern and indicates a bullish reversal that they have high win rate.

The M W Scanner indicator Scans All charts just by pressing one click. It has stop loss, Take profits and entry point levels with using Fibonacci levels and candlestick checking to find the best entry point and exit of trading. It finds signals immediately with alarm and notification for easy trading.

Main Features:

• Detect the best and most common successful reversal trend :  Double Top(M) Pattern, Double Bottom(W) Pattern
  
• Easy-to-use and user-friendly indicator
• NO repaint
  
• Scan All charts button ( Forex, Crypto, Indices and commodities )
• Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
• It displays and pushes notification stop-loss, take profits and entry-point levels
• Candlestick check for the best entry point
• Use Fibonacci levels
• Sending the alert and push notification
• method Engulfing/breakout -  Engulfing on the edge of pattern / Breakout neck of pattern
• Alert enable/disable base on your setting time
• Adjust the pattern setting

Input Parameters :

=========Scanner============

• Scan All Charts – Enable
• Scan the number of candles – Amount of history bars to evaluate
• Re-scan Timer – Re-scan all charts in all time frames after passing time
• mode = Engulfing/breakout -  Engulfing on the edge of pattern / Breakout neck of pattern