Young Ho Seo / Профиль

Few More Days to end Special Discounts

Our 2020 New Year Special Discounts will end pretty soon. If you want to get this special discounts, please do not leave it too late. We will be closing this special discounts in next few days.

1) Mean Reversion Supply Demand MetaTrader 4 – The best Supply Demand Zone trading tool

https://www.mql5.com/en/market/product/16851

2) Mean Reversion Supply Demand MetaTrader 5 – The best Supply Demand Zone trading tool

https://www.mql5.com/en/market/product/16823

3) Harmonic Pattern Scenario Planner MetaTrader 4 – The best Harmonic Pattern Indicator

https://www.mql5.com/en/market/product/6240

4) Harmonic Pattern Scenario Planner MetaTrader 5 – The best Harmonic Pattern Indicator

https://www.mql5.com/en/market/product/6101

5) Elliott Wave Trend MetaTrader 4 – The best Elliott Wave Pattern Indicator

https://www.mql5.com/en/market/product/16479

6) Elliott Wave Trend MetaTrader 5 – The best Elliott Wave Pattern Indicator

https://www.mql5.com/en/market/product/16472

We would like to wish you a happy new year for 2020.

Enjoy the special discounts on our powerful indicators for Forex Trading while they last.

Powerful Non Repainting Supply Demand Zone MetaTrader Indicator

Ace Supply Demand Zone is specially designed non-repainting Supply Demand indicator. Since you have an access to fresh supply and demand zone as well as archived supply demand zone, you can achieve much better profiling on price movement in Forex market.

With the Ability to trade the original supply demand zone trading, you can also perform highly accurate Angled Supply Demand zone trading as a bonus. With a lot of sophisticated gadgets built inside, Ace Supply Demand Zone indicator will provide you unmatched performance against other Supply Demand zone indicator out there.



Here is the link to Ace Supply Demand Zone Indicator.

https://www.mql5.com/en/market/product/40076

https://www.mql5.com/en/market/product/40075

https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/

Here is link to Angled Supply Demand Zone indicator.

https://algotrading-investment.com/2019/07/04/angled-supply-demand-zone-trading-tutorial-1/

Profitable Pattern Detection on Multiple Timeframe

Profitable Pattern Scanner comes with the ability of detecting pattern across different timeframe. This feature is handy because you can scan potential buy and sell signal from one chart only. Here we show how to do it in your chart. Simply go to input setting. Then set “Use Multiple Timeframe Pattern Detection” = true. Check the screenshot for the procedure.

Of course, the pattern detection at multiple timeframe will force 6 to 9 times heavier computation on your MetaTrader. Before using this feature, please do understand the heavy computation requirement. If your computer has strong CPU and bigger RAM, then this would be no problem.

Link to Profitable Pattern Scanner

https://www.mql5.com/en/market/product/41993

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

AB=CD Pattern on EURUSD with 92% Chance to turn (Probability was measured from Fractal Pattern Indicator). Probability is not bullet proof but it helps to understand your risk with your strategy in long run, you will be much better to trade with understanding your risk.

a) Harmonic Pattern Plus

https://www.mql5.com/en/market/product/4488

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

b) Harmonic Pattern Scenario planner

https://www.mql5.com/en/market/product/6240

https://www.mql5.com/en/market/product/6101

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

c) Profitable Pattern Scanner

https://www.mql5.com/en/market/product/41993

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

How to Turn your Bollinger Bands Indicator into a Killer Strategy

In this article, we will briefly describe a specific way of improving your Bollinger Bands Indicator into a professional tool. Many technical indicator are good when they are used properly. However, 99.9% of time, technical indicator will not provide you how much uncertainty you are betting your money with. Especially, when you are running a serious amount of money, this is frustrating. You want to avoid any situation just blindly betting your money on the direction. We made it through possible to help you relive all your worries behind this trading game.

Let us take some example.

We know often, when price move outside Bollinger bands, it will provide us some useful timing for entry. You might add some extra tools around with your strategy. However, does not matter, how many additional tools you are adding, you will be still blind how much uncertainty you are having with your entry.

Just add Fractal pattern Indicator in your chart. Measure the specific probability for your entry. Since Bollinger Bands are price based strategy, we use time based probability. Hence, we will need to read out the time probability before your trading. In this example, we need to read the probability in X axis because it is the time probability. In our example, in our Bollinger Bands entry, we have the reading of 92% probability. This means that your entry could be turning point 9 out of 10 chances. You would be much better at allocating your capital for the particular entries from now on.

Measuring probability is one ultimate way of managing your risk. Trading with understanding your risk is one single most important practice to survive in the Financial market for a long time.

We hope you enjoyed this simple article. The trading logic with Fractal Pattern Indicator is simple. When you are using Price based strategy like Bollinger Bands, Harmonic Pattern, X3 Patterns, Elliott Wave Patterns, Oscillators, you measure the time probability to measure your risk. When you are using Time based strategy like Fibonacci Time, Gann’s Cycle and Planetary cycle, etc, you use Price probability to measure your risk. Then act accordingly to manage your risk. For your information, this is the different risk from your stop loss. Stop loss is not the risk of your strategy. We are talking about the risk of your strategy.

Probability is not bullet proof but it is important because it provide you the precise explaining on what you are doing with your strategy at the moment.

Here is the landing page to our Fractal Pattern Indicator.

https://www.mql5.com/en/market/product/44539

https://www.mql5.com/en/market/product/44538

https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/

How to Turn your Bollinger Bands Indicator into a Killer Strategy

In this article, we will briefly describe a specific way of improving your Bollinger Bands Indicator into a professional tool. Many technical indicator are good when they are used properly. However, 99.9% of time, technical indicator will not provide you how much uncertainty you are betting your money with. Especially, when you are running a serious amount of money, this is frustrating. You want to avoid any situation just blindly betting your money on the direction. We made it through possible to help you relive all your worries behind this trading game.

Let us take some example.

We know often, when price move outside Bollinger bands, it will provide us some useful timing for entry. You might add some extra tools around with your strategy. However, does not matter, how many additional tools you are adding, you will be still blind how much uncertainty you are having with your entry.

Just add Fractal pattern Indicator in your chart. Measure the specific probability for your entry. Since Bollinger Bands are price based strategy, we use time based probability. Hence, we will need to read out the time probability before your trading. In this example, we need to read the probability in X axis because it is the time probability. In our example, in our Bollinger Bands entry, we have the reading of 92% probability. This means that your entry could be turning point 9 out of 10 chances. You would be much better at allocating your capital for the particular entries from now on.

Measuring probability is one ultimate way of managing your risk. Trading with understanding your risk is one single most important practice to survive in the Financial market for a long time.

We hope you enjoyed this simple article. The trading logic with Fractal Pattern Indicator is simple. When you are using Price based strategy like Bollinger Bands, Harmonic Pattern, X3 Patterns, Elliott Wave Patterns, Oscillators, you measure the time probability to measure your risk. When you are using Time based strategy like Fibonacci Time, Gann’s Cycle and Planetary cycle, etc, you use Price probability to measure your risk. Then act accordingly to manage your risk. For your information, this is the different risk from your stop loss. Stop loss is not the risk of your strategy. We are talking about the risk of your strategy.

Probability is not bullet proof but it is important because it provide you the precise explaining on what you are doing with your strategy at the moment.

Here is the landing page to our Fractal Pattern Indicator.

https://www.mql5.com/en/market/product/44539

https://www.mql5.com/en/market/product/44538

https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/

Fractal Pattern Indicator Version 7.3 Released

We have just released Fractal Pattern Indicator Version 7.3. In Version 7.3, you can choose between full probability Grid and light probability Grid. Light Probability Grid might be easier to read in chart although both carries exactly the same information. Choose it based on your own preference.

For the best trading performance, make sure to download the latest version 7.3 of Fractal Pattern Indicator.

https://www.mql5.com/en/market/product/44539

https://www.mql5.com/en/market/product/44538

https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/

Using Harmonic Pattern Plus and Profitable Pattern Scanner Together

Harmonic Pattern plus and profitable pattern scanner are the great harmonic pattern detection indicator. Some trader asked me if they can use Harmonic Pattern Plus and Profitable Pattern Scanner together.

The short answer is yes. It is possible to combine them. Even though both indicators detect harmonic patterns, they are using completely different pattern detection algorithm. Harmonic pattern Plus uses the classic pattern detection algorithm whereas Profitable Pattern Scanner uses non repainting pattern detection algorithm (i.e. latest pattern detection technology).

There can be some overlapping in the detected patterns. However, there are also many different patterns can be detected. If both indicator detect the same patterns, then the patterns are often more accurate. At the same time, with non overlapping patterns, you have less chance to miss out the good signals.

When you want to use channel function together with Harmonic Pattern, then use the channel function in Profitable Pattern Scanner because it is more advanced version.

Of course, the same thing applies to Harmonic Pattern Scenario planner.

Link to Harmonic Pattern Plus

https://www.mql5.com/en/market/product/4488

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/



Link to Profitable Pattern Scanner

https://www.mql5.com/en/market/product/41993

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Harmonic Pattern Indicator Explained

Trading Indicator is an effort of developer to create trading tools comply with particular theory or trading strategy or trading ideas. There is always gap between theory (i.e. ideas or strategy) and practice.

Not all the harmonic pattern indicators are the same. In the past the main variations of Harmonic pattern indicators can be categorized as following four types.

Type 1: Non lagging (fast signal) but repainting – option to enter from turning point. Indicator does not show the failed pattern in chart and last pattern can repaint.

Type 2: Lagging (slow signal) but non repainting – no option to enter at turning point (i.e. early signal). Indicator does not show the failed pattern but last pattern does not repaint.

Type 3: Detecting pattern at point C but repainting – option to enter at turning point. Indicator detect pattern too early and you have to wait quite bit of time until price move near the point D. In fact, price may not move near point D. You might just waste your time waiting for the pattern. Indicator does not show the failed pattern and last pattern can repaint.

Type 4: Non lagging (fast signal) and non repainting – option to enter from turning point. At the same time, the pattern is not repainting. This is hybrid of all above three system and can be considered as the most powerful harmonic pattern indicator.

Here is the list of Harmonic Pattern Indicators for MetaTrader 4 and MetaTrader 5.

1. Harmonic Pattern Plus (2014)

Harmonic pattern plus is extremely good product for the price. With dozens of powerful features including Pattern Completion Interval, Potential Reversal Zone, Potential Continuation Zone, Automatic Stop loss and take profit sizing.

Below are the Links to Harmonic Pattern Plus

https://www.mql5.com/en/market/product/4488

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2. Harmonic Pattern Scenario Planner (2014)

With additional features of predicting future harmonic patterns, this is very tactical harmonic pattern indicator with advanced simulation capability on top of the powerful features of harmonic pattern plus.

Below are the Links to Harmonic Pattern Scenario Planner

https://www.mql5.com/en/market/product/6101

https://www.mql5.com/en/market/product/6240

http://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/



3. Profitable Pattern Scanner (2019)

This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. As a bonus, this scanner can detect around 52 Japanese candlestick patterns for your trading. This is the most advanced Harmonic and Elliott wave pattern detector in the market. You must try.

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

https://www.mql5.com/en/market/product/41992

https://www.mql5.com/en/market/product/41993

Most advanced Elliott Wave Software for MetaTrader 5

MetaTrader 5 is the next generation trading platform developed by Meta Quote who developed MetaTrader 4. MetaTrader 5 is far exceeding trading platform of its predecessor, MetaTrader 4. MetaTrader 5 is accessible for free of charge for any trader from all over the world. More and more brokers are now offering MetaTrader 5 trading options even including US based firms.

Elliott Wave Trend is the most advanced Elliott Wave Trading software, which helps you to trade with various Elliott Wave patterns like Wave .12345 pattern and Wave .ABC and Wave .ABCDE, etc. Elliott Wave Trend was built on the concept of Precision Trading with Elliott Wave Structure Score. Our Elliott Wave Trend is professional tool for professional trader. Yet, the price of it is affordable.

Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version.

https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/

Link to Elliott Wave Trend.

https://algotrading-investment.com/portfolio-item/elliott-wave-trend/

https://www.mql5.com/en/market/product/16472

https://www.mql5.com/en/market/product/16479

Generating Income with Profitable Patterns

Profitable Patterns includes Fibonacci Price Patterns, Harmonic Patterns, Elliott Wave Patterns, X3 patterns as well as many other tradable patterns .

Profitable patterns are the good buy and sell signal generator in financial market. It provides you the early signal at the turning point. Unlike other technical indicator, you are not lagging with these patterns. Hence you can always move ahead of other trader.

In addition, it is useful because it is extremely easy to combine with other analysis technique in your trading decision. In this short book, we provide the winning logic of profitable patterns in Forex market + how the combined money management can grow your capital ahead of other trader.

In this book below, we explain how to make the best use of profitable patterns for your trading. What is even better, we have included the bonus chapter of support and resistance.

Amazon: https://www.amazon.com/dp/B07VQKLSNW/

Other links: https://algotrading-investment.com/portfolio-item/profitable-patterns-in-forex-and-stock-market/

Below is the Harmonic pattern, Elliott Wave patterns and X3 pattern detection tools developed for MetaTrader, the most popular Forex Trading platform.

1. Harmonic Pattern Plus

One of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.

https://www.mql5.com/en/market/product/4488

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2. Harmonic Pattern Scenario planner

It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.

https://www.mql5.com/en/market/product/6240

https://www.mql5.com/en/market/product/6101

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

3. Profitable Pattern Scanner

This is our next generation profitable Pattern Detector. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. It can detect over 20 profitable patterns. The bonus is that you can also detect around 52 Japanese candlestick patterns.

https://www.mql5.com/en/market/product/41993

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Ace Supply Demand Zone Indicator – How to Remove Take Profit and Stop Loss Levels

One of the greatest advantage of Ace Supply Demand Zone indicator is that it provide a flexible Profit and stop target for your trading. After you have learnt how to use this profit targets, now you want to learn how to remove them. Of course, there is a way to remove them. The trick is simply moving the stop text above the Entry text (for the case of buy). You will do the opposite for the case of sell. In the screenshot, the bottom image describe how to remove the targets from your chart.

There is another approach to remove take profit and stop loss targets. We provide the shortcut in keyboard for doing the same task. Simply hit “z” button in your keyboard. This will also remove the stop loss and take profit targets if you do not need them any longer.

Below is link to Ace Supply Demand Zone Indicator.

https://www.mql5.com/en/market/product/40076

https://www.mql5.com/en/market/product/40075

https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/

Harmonic Pattern Indicator List for MetaTrader 4

Harmonic Pattern Indicator provide a mean of detecting the turning point in the market. It is one way to solve the puzzle of market geometry, which is often not solvable with technical indicators. How about automatic harmonic pattern detection for your trading ?

We provide the list of Harmonic Pattern Indicator for your MetaTrader 4 platform. These harmonic pattern indicators are not only detecting harmonic pattern but they also provide the addtional features to help you to win in your trading.

1. Harmonic Pattern Plus for MetaTrader 4

Harmonic Pattern Plus is the harmonic pattern scanner. It can detect harmonic patterns with predefined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, automatic channel, etc.

https://www.mql5.com/en/market/product/4488

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2. Profitable Pattern Scanner for MetaTrader 4

Profitable Pattern Scanner is non repainting and non lagging pattern scanner for Harmonic Pattern, Elliott Wave pattern and X3 patterns. It is the most advanced but user friendly harmonic pattern indicator. As a bonus, this tool can detect around 52 bearish and bullish Japanese candlestick patterns + advanced Channel features. This is the most advanced Harmonic and Elliott wave scanner in the market. You must try.

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

3. Harmonic Pattern Scenario Planner for MetaTrader 4

With additional features of predicting future harmonic patterns, this is the tactical harmonic pattern indicator with advanced simulation capability on top of many powerful features of harmonic pattern plus. Try it then you will know its power.

https://www.mql5.com/en/market/product/6240

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

Bullish Butterfly pattern was perfectly coincided with 82% Turning point probability in Time. I am test driving Fractal pattern Indicator Version 7.2.

Hopefully you make some sense out of the turning point probability. When you invest serious amount of money, you need some measurement of your risk to guide your investment.

Y axis = Probability for Price and X axis = Probability for time. When you use Harmonic Pattern, use Time probability to gauge your entry.

https://www.mql5.com/en/market/product/44539

https://www.mql5.com/en/market/product/44538

https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/

Elliott Wave Indicator for Objective Elliott Wave Trading

Elliott Wave is popular Trading strategy in the trading world. The Elliott Wave Theory was originally developed by Ralph Nelson Elliott. It was populated by Robert Prechter.

In the original Elliott Wave Theory, Ralph Nelson Elliott left three Wave rules in counting Elliott Wave. A correct Elliott Wave counting must observe three rules:

Wave 2 never retraces more than 100% of wave 1.
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
These three rules are the very general statement about the movement of the financial market. There are a lot of subjectivity when we apply these original rules in trading. Hence, we do not recommend you to trade with these general rules.

In practice, we need more specific and objective rules instead of above general rules. Yes, we will follow the general rules but we will measure the accuracy of Wave Pattern Structure to eliminate bad Elliott Wave patterns in trading.

Elliott Wave Trend is the first indicator that provides the objective measurement around the Elliott Wave pattern structure. Wave structural score will guide you to trade with more accurate and defined Elliott Wave pattern structure. Two Wave structural scores we are using are:

1) Impulse Wave Structure Score (IWS Score) – measure the accuracy of Impulsive Elliott Wave in percents. For example, IWS Score can be used to detect Elliott Wave 123, Elliott Wave 1234 or Elliott Wave 12345 patterns.

2) Corrective Wave Structure Score (CWS Score) – measure the accuracy of Corrective Elliott Wave in percents. For example, CWS Score can be used to detect Corrective Wave ABC patterns.

With these two Wave Structure Score, you can identify the correct Elliott wave patterns from many candidate Wave patterns.

Of course, in Elliott Wave Trend, these two Wave Score will be automatically calculated and presented for your trading. In addition, Elliott Wave Trend presents you candidate Wave patterns automatically so that you do not have to spend time on drawing these patterns manually.

In the screenshot below, we shows the Elliott Wave 12345 pattern with IWS Score of 89.9% (IWS Score > CWS Score). With this high Wave Structure score for Elliott Wave 12345 pattern, you have a high chance to spot the market turning point correctly.

Elliott Wave Trend is the Advanced Elliott Wave Indicator for your trading. Stay with Objective Elliott Wave Trading for the best possible trading performance.

Here are the links for Elliott Wave Trend.

https://algotrading-investment.com/portfolio-item/elliott-wave-trend/

https://www.mql5.com/en/market/product/16479

https://www.mql5.com/en/market/product/16472

Advanced Harmonic Pattern Detection Indicator

Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern Detection Indicator. This is probably the most sophisticated harmonic pattern detection indicator in the market.

Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability.

Monte Carlo Simulation can help you to find future reversal points in advance.

Here is the product link to Harmonic Pattern Scenario Planner. You can find more about the features of this advanced Harmonic Pattern Scenario Planner.

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

https://www.mql5.com/en/market/product/6101

https://www.mql5.com/en/market/product/6240

Few More Days to end Special Discounts

Our 2020 New Year Special Discounts will end pretty soon. If you want to get this special discounts, please do not leave it too late. We will be closing this special discounts in next few days.

1) Mean Reversion Supply Demand MetaTrader 4 – The best Supply Demand Zone trading tool

https://www.mql5.com/en/market/product/16851

2) Mean Reversion Supply Demand MetaTrader 5 – The best Supply Demand Zone trading tool

https://www.mql5.com/en/market/product/16823

3) Harmonic Pattern Scenario Planner MetaTrader 4 – The best Harmonic Pattern Indicator

https://www.mql5.com/en/market/product/6240

4) Harmonic Pattern Scenario Planner MetaTrader 5 – The best Harmonic Pattern Indicator

https://www.mql5.com/en/market/product/6101

5) Elliott Wave Trend MetaTrader 4 – The best Elliott Wave Pattern Indicator

https://www.mql5.com/en/market/product/16479

6) Elliott Wave Trend MetaTrader 5 – The best Elliott Wave Pattern Indicator

https://www.mql5.com/en/market/product/16472

We would like to wish you a happy new year for 2020.

Enjoy the special discounts on our powerful indicators for Forex Trading while they last.

Fractal Pattern Indicator New Screenshot Released

We have just released new screenshots for Fractal Pattern Indicator. Fractal Pattern indicator can be used for several different purpose.

1. Catching Extreme price move in time and price (i.e. picking up turning point)

2. Price based Strategy + Time Probability Confirmation

3. Time based Strategy + Price Probability Confirmation

4. etc

The new released screenshot can be used for further explain on above three points.

For the best trading performance, make sure to download the latest version 7.0 of Fractal Pattern Indicator.

https://www.mql5.com/en/market/product/44539

https://www.mql5.com/en/market/product/44538

https://algotrading-investment.com/portfolio-item/fractal-pattern-indicator/

Harmonic Pattern Detection Indicator MT5

Harmonic Pattern Detection Indicator is the powerful tool to solve the puzzle of market geometry, which is often not solvable with technical indicators. How about automatic harmonic pattern detection for your trading ?

Not all the harmonic pattern detection indicators are the same. The main variations of Harmonic pattern indicators can be categorized as following four types. Users should understand the pros and cons of each variation to maximize their trading performance with harmonic patterns.

Type 1: Non lagging (fast signal) but repainting

option to enter from turning point. Indicator does not show the failed pattern in chart and last pattern can repaint. This is almost considered as standard Harmonic Pattern Indicator. Even if they are repainting, harmonic pattern trader just accept it as it is. 99% of time, this is the harmonic pattern product you will get from the market whether they are free or paid one. You can trade live with this indicators but historical patterns can not be used to fine tune your strategy.

Type 2: Lagging (slow signal) but non repainting

no option to enter at turning point (i.e. early signal). This type of indicator turns harmonic pattern indicator as slow as moving average cross over. It might be not overly attractive option for your trading. Indicator does not show the failed pattern. Hence, you can not use historical patterns to tune your strategy but last pattern does not repaint. You can trade live with this indicators but historical patterns can not be used to fine tune your strategy. Probably about 1% of harmonic pattern indicator is this type.

Type 3: Detecting pattern at point C but repainting

option to enter at turning point. Indicator detect pattern too early and you have to wait quite bit of time until price move near the point D. In fact, price may not move near point D. You might just waste your time waiting for the pattern. Indicator does not show the failed pattern and last pattern can repaint. You can trade live with this indicators but historical patterns can not be used to fine tune your strategy. Probably about 1% of harmonic pattern indicator is this type.

Type 4: Non lagging (fast signal) and non repainting

option to enter from turning point. At the same time, the pattern is not repainting. This is hybrid of all above three system and can be considered as the most powerful harmonic pattern indicator. You can trade live with this indicators and you can also use historical patterns to fine tune your strategy. With this indicator, you are complying perfectly with the statement “Trade What you See”.

Here is the list of Harmonic Pattern Indicators for MetaTrader 4 and MetaTrader 5.

1. Harmonic Pattern Plus (2014)

Harmonic pattern plus is extremely good product for the price. With dozens of powerful features including Pattern Completion Interval, Potential Reversal Zone, Potential Continuation Zone, Automatic Stop loss and take profit sizing. This is type 1 harmonic pattern indicator.

Below are the Links to Harmonic Pattern Plus

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2. Harmonic Pattern Scenario Planner (2014)

With additional features of predicting future harmonic patterns, this is very tactical harmonic pattern indicator with advanced simulation capability on top of the powerful features of harmonic pattern plus. This is type 1 and type 3 harmonic pattern indicator.

Below are the Links to Harmonic Pattern Scenario Planner

https://www.mql5.com/en/market/product/6101

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

3. Profitable Pattern Scanner (2019)

Profitable Pattern Scanner is next generation tools to trade with profitable patterns in Forex market. With non repainting and non lagging algorithm, this tool can detect with advanced Harmonic Pattern, Elliott Wave Pattern, X3 Pattern structure for your trading. As a bonus, it provides your Japanese candlestick patterns too. This is type 4 harmonic pattern indicator, which means that you can fine tune your strategy using historical patterns while you are trading the same patterns on live trading.

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Powerful Non Repainting Supply Demand Zone MetaTrader Indicator

Ace Supply Demand Zone is specially designed non-repainting Supply Demand indicator. Since you have an access to fresh supply and demand zone as well as archived supply demand zone, you can achieve much better profiling on price movement in Forex market.

With the Ability to trade the original supply demand zone trading, you can also perform highly accurate Angled Supply Demand zone trading as a bonus. With a lot of sophisticated gadgets built inside, Ace Supply Demand Zone indicator will provide you unmatched performance against other Supply Demand zone indicator out there.



Here is the link to Ace Supply Demand Zone Indicator.

https://www.mql5.com/en/market/product/40076

https://www.mql5.com/en/market/product/40075

https://algotrading-investment.com/portfolio-item/ace-supply-demand-zone/

Here is link to Angled Supply Demand Zone indicator.

https://algotrading-investment.com/2019/07/04/angled-supply-demand-zone-trading-tutorial-1/