FFx 4 Patterns Alerter MT5

FFx Patterns Alerter gives trade suggestions with Entry, Target 1, Target 2 and StopLoss .... for any of the selected patterns (PinBar, Engulfing, InsideBar, OutsideBar)

Below are the different options available:

• Multiple instances can be applied on the same chart to monitor different patterns
• Entry suggestion - pips to be added over the break for the entry
• 3 different options to calculate the SL - by pips, by ATR multiplier or at the pattern High/Low
• 3 different options to calculate the 2 TPs - by pips, by ATR multiplier or at Risk/Reward
• Offset the dashboard - any place on the chart
• Remove the suggestion once the price reached the SL line
• Lines extension away from the current candle
• All colors changeable - Background, text, Buy/Sell, entry and TP/SL
• Alert when a setup is found - sound / popup / email / push notification

Once a suggestion is given, you can confirm it with your own chart analysis. Generally the best setups to be traded are the ones occurring around important support/resistance, round numbers, supply and demand zones, etc.

Wish you all the best in your trading. Thank you for your confidence ... FerruFx

User Inputs

• Pattern Mode: select here the pattern to be monitored
• PinBar Minimum Size Pips: minimum size of the bar
• InsideBar Minimum Size Pips: minimum size of the bar
• Entry Break Plus Pips: number of pips away from the pattern where the entry is valid
• Use SL Pips: select here to enable the SL pips option
• SL Pips: number of pips for the stop loss
• Use SL ATR: select here to enable the SL ATR option
• SL ATR Multiplier: set here the multiplier to be applied to the ATR value
• SL ATR Period: ATR period
• Use SL HighLow: select here to enable the SL HighLow option
• SL HighLow Plus Pips: number of pips to be added to the high/low value
• Use TP Pips: select here to enable the TP pips option
• TP 1 Pips: number of pips for the take profit #1
• TP 2 Pips: number of pips for the take profit #2
• Use TP ATR: select here to enable the TP ATR option
• TP 1 ATR Multiplier: set here the multiplier to be applied to the ATR value
• TP 2 ATR Multiplier: set here the multiplier to be applied to the ATR value
• TP ATR Period: ATR period
• Use TP Reward: select here to enable the TP Reward option
• TP 1 Reward: set here the reward for the TP against the SL (Risk:Reward)
• TP 2 Reward: set here the reward for the TP against the SL (Risk:Reward)
• Dashboard X shift: you can set here any number to place the dashboard anywhere on the chart
• Dashboard Y shift: you can set here any number to place the dashboard anywhere on the chart
• Lines Extension: number of bars ahead of the current bar to extend the lines
• Delete Suggestion at SL: select here if you allow the suggestion to be removed if price reach SL level
• BUY/SELL Color: select here the color for buy/sell signals
• Background Color: select here the color for the panel background
• Corners Color: select here the color for the panel corners
• Text Color: select here the color for the text
• Entry Color: select here the color for the entry line
• TP Color: select here the color for the TP lines
• SL Color: select here the color for the SL line
• Sound Alert: select here to enable the sound alert option
• Sound File: set here the sound file for the alert
• Popup Alert: select here to enable the popupalert option
• Email Alert: select here to enable the emailalert option
• Push Alert: select here to enable the push notification option