Free Peak Trough Analysis tool have been released

Before using the peak trough analysis tool properly, few things you might need to know. Price Pattern are complex for the financial market. What price patterns are there to make up the path of the price in the financial market? We have listed the potential price patterns you can encounter in the Financial market here and in the book too. 

https://algotradinginvestment.wordpress.com/2017/04/27/price-pattern-table-for-equilibrium-fractal-wave-process/

Especially we have emphasized that the price patterns in Forex market are strongly dominated by the Pattern (2,5), (3, 5) and (4,5) in the table or mostly the Pattern in the fifth column in the table.

Unlike the Patterns made up with Wave process (i.e. the patterns in the column 2, 3 and 4), it is not easy to develop a straight forward predictive algorithm or model for the patterns made up from Fractal Wave process.

To deal with such a complex patterns for your trading, the Peak trough tool is effective.

Here are three important application for your trading at least you can conduct with this peak trough analysis.

1. Tradable Pattern Detection - Connect peaks to define the top envelop of the patterns and connect troughs to define the bottom envelops of the patterns.
2. Substantial scenario reduction in Elliott Wave Counting - the Peak trough analysis can help you to eliminate thousands of potential scenarios for your Elliott Wave counting in first place. Instead of considering any random price bar for your wave counting, just focus on the peak and trough presented by Peak-Trough Analysis. Save a lot of time and efforts for your wave counting.
3. Ratio analysis- Conduct ratio analysis between peaks and trough to detect repeating price patterns (this might require further automated tools.)

The download link is here for Meta Trader 4:

https://www.mql5.com/en/market/product/23797

The download link is here for Meta Trader 5:

https://www.mql5.com/en/market/product/22420

You can also download it from here:

 Algotrading-Investment.com

good.more..update

very..repaint...plz..update..fix

In our Book, Price Action and Pattern Trading Course,

You will learn how to unlock this powerful features inside peak trough analysis tool.

https://www.amazon.com/dp/B073T3ZMBR

Never use any tool blindly for your trading.

Many of our users have already read this book to improve their trading performance.

why..repat..repaint?

How to use the Modified Fractal Mode for your peak trough analysis.

There is always balance (trade off) in this world.  Do not get frustrated with this because it is the universal law. Simply nothing is perfect in this world.

Assuming that you understood this principle, here are some information on how to use the peak trough analysis in two different mode.

Zigzag mode of the peak trough analysis can help you to detect the peak and trough without lagging but the fast detection will trade off with redrawing or repainting signals. Many traders know this already but I am just repeating this for someone new.

Instead, you can use the modified Fractal mode of the peak trough analysis if you do not like the repainting signal. The modified Fractal mode of the peak trough analysis will never redraw or repaint.

However, the modified fractal mode will detect peak and trough slow and it will lag. Also the modified fractal mode will show you more peak and trough for your analysis. Therefore, you have to filter many insignificant peaks and troughs by yourself. In a way, Zig Zag mode is convenient.

Which one you want to use for the peak-trough analysis is entirely up to you. It is really depending on your trading style.

The peak trough analysis is the ultimate tool that you can study the financial market with dominating price patterns of equilibrium Fractal Wave process. You can do many things in terms of pattern detection. See the screenshot to understand what is the equilibrium Fractal wave process.

Equilibrium fractal wave process is literally the frequently occurring price patterns in the financial markets last 85 years for some very reason. If you like to dig deeper on how to trade with these price patterns beyond the simple peak trough analysis, you can read this book:

"Price Action and Pattern Trading Course: Theory to Practice with over 85 years of Evidence" (Link on Amazon:  https://www.amazon.com/dp/B073T3ZMBR)

Currently this is only book covering the full details about the equilibrium fractal wave process. It also covers the practical trading strategy on how to trade with these frequently repeating price patterns in the financial markets.

This is not an adverts for the book. If you do not want to read, it is absolutely fine. We do not make money out of selling the book. However writing book with over 240 pages is really not easy. We only point this out just in case someone want to know some reference source to understand what are the equilibrium fractal wave process and the price patterns in the financial markets and how we trade with these patterns.

http://algotrading-investment.com

https://www.mql5.com/en/users/financeengineer/seller#products

https://www.amazon.com/dp/B073T3ZMBR

How to use the Modified Fractal Mode for your peak trough analysis.

There is always balance (trade off) in this world.  Do not get frustrated with this because it is the universal law. Simply nothing is perfect in this world.

Assuming that you understood this principle, here are some information on how to use the peak trough analysis in two different mode.

Zigzag mode of the peak trough analysis can help you to detect the peak and trough without lagging but the fast detection will trade off with redrawing or repainting signals. Many traders know this already but I am just repeating this for someone new.

Instead, you can use the modified Fractal mode of the peak trough analysis if you do not like the repainting signal. The modified Fractal mode of the peak trough analysis will never redraw or repaint.

However, the modified fractal mode will detect peak and trough slow and it will lag. Also the modified fractal mode will show you more peak and trough for your analysis. Therefore, you have to filter many insignificant peaks and troughs by yourself. In a way, Zig Zag mode is convenient.

Which one you want to use for the peak-trough analysis is entirely up to you. It is really depending on your trading style.

The peak trough analysis is the ultimate tool that you can study the financial market with dominating price patterns of equilibrium Fractal Wave process. You can do many things in terms of pattern detection. See the screenshot to understand what is the equilibrium Fractal wave process.

Equilibrium fractal wave process is literally the frequently occurring price patterns in the financial markets last 85 years for some very reason. If you like to dig deeper on how to trade with these price patterns beyond the simple peak trough analysis, you can read this book:

"Price Action and Pattern Trading Course: Theory to Practice with over 85 years of Evidence" (Link on Amazon:  https://www.amazon.com/dp/B073T3ZMBR)

Currently this is only book covering the full details about the equilibrium fractal wave process. It also covers the practical trading strategy on how to trade with these frequently repeating price patterns in the financial markets.

This is not an adverts for the book. If you do not want to read, it is absolutely fine. We do not make money out of selling the book. Peak Trough Analysis tool is also free tool too. Please understand that writing book with over 240 pages is really not easy. We only point this out just in case someone want to know some reference source to fully understand what are the equilibrium fractal wave process and the price patterns in the financial markets and how we trade with these patterns. Of course, if you have the solid understanding on how the financial market move, then you can trade better too. That is the whole idea behind this book.

http://algotrading-investment.com

https://www.mql5.com/en/users/financeengineer/seller#products

https://www.amazon.com/dp/B073T3ZMBR

Visit the link below to understand the peak trough analysis better.

http://tradeinvestsmart.com/forum/technical-analysis-1/financial-trading-with-five-regularties-of-nature/

Hello.
Thank you for the free version.
The settings of chart is reset when I change currency pair or timeframe.
Why is it happened ?

regards

Probably do not use whitebackground, try to set whitebackgorund chart =false from your input set.

Peak Trough Analysis

We have released Peak Trough Analysis tool on 2017 nearly at the same time we were writing on the book:  Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave).  It was because peak trough analysis helps you a lot of price action and pattern trading.

If know the principle, there is not doubt that this peak trough analysis tool is very powerful for your trading.

Here is the download link for the free Peak Trough Analysis Tool for MetaTrader 4 and MetaTrader 5.

https://www.mql5.com/en/market/product/23797

https://www.mql5.com/en/market/product/22420

https://algotrading-investment.com/portfolio-item/peak-trough-analysis-tool/

Based on this peak trough analysis, the more automated and extended version of indicators are both Advanced Price Pattern Scanner and Price Breakout Pattern Scanner. Both tools are great to be used together with above free peak trough analysis tools. Hence, we share the link for both.

Below are the links to Advanced Price Pattern Scanner.

https://www.mql5.com/en/market/product/24679

https://www.mql5.com/en/market/product/24678

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

Below are the links to Price breakout Pattern Scanner

https://www.mql5.com/en/market/product/4859

https://www.mql5.com/en/market/product/4858

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

How to Download Peak Trough Analysis Tool

When I released the book: “Scientific Guide To Price Action and Pattern Trading”, I have also released the Peak Trough Analysis tool together for many important reasons. Understanding how peak trough analysis works for your trading is the most basic but essential skill for price action and pattern trading. Good price action and pattern trader should never miss the good hands on training around peak trough analysis. As it was outlined in this book, peak trough analysis is the particular transformation method for Equilibrium Fractal Wave analysis (i.e. Trend + Fractal Wave analysis). Loosely speaking, it is the counter part of Fourier transformation in Cycle analysis. With peak trough analysis and by extending it to more advanced level, you can extract both the scientific evidence of repeating patterns and meaningful profits from the market.

In the book: “Scientific Guide To Price Action and Pattern Trading”, peak trough analysis was used as the introductory method to explain the advanced trading strategies. Hence, take the guide in this book to get the hands on experience of trading with peak trough analysis first. As you understand how to apply peak trough analysis in your trading, you can understand better with the working mechanism behind other advanced trading strategies, introduced in this book, like Elliott Wave Patterns, Harmonic Patterns, Price Breakout Patterns, and EFW Channels.

Here, I provide three places you can download the Peak Trough Analysis, developed by myself. Do not worry about the cost of Peak Trough Analysis tool. It is free of charge for everyone. Even if you have not read this book yet, you can still download and use this Peak Trough Analysis indicator. If you are thinking to start on price action trading, then peak trough analysis would be the first resource for your trading. Especially, the chapter 12: “Peak Trough Transformation to visualize Equilibrium Fractal wave” will provide the first guide around peak trough analysis. Then you will use this first guide to understand advanced trading strategies introduced in the 2 ^nd Part of this book (i.e. Price Action and Pattern Trading).

1)  MetaTrader 4 Version of Peak Trough Analysis

www.mql5.com/en/market/product/23797

2)  MetaTrader 5 Version of Peak Trough Analysis

www.mql5.com/en/market/product/22420

3)  Peak Trough Analysis from Algotrading-Investment.com

www.algotrading-investment.com/portfolio-item/peak-trough-analysis-tool

For your information, here is the link to the book: “Scientific Guide To Price Action and Pattern Trading” from multiple eBook distributors.

www.algotrading-investment.com/portfolio-item/scientific-guide-to-price-action-and-pattern-trading

or for amazon.com Kindle Publication

Book Link:  www.amazon.com/dp/B073T3ZMBR

Peak Trough Analysis New Version 1.3 Release -Free Indicator

Where do I change the settings so that the arrow indicate can detect the resistance quickly and appear on the chart?

Peak Trough Analysis New Version 1.5 Released

In version 1.5, minor improvement was made on Peak Trough Analysis tool. We tried to tune the indicator for the usage with the Book: Profitable Patterns in Forex and Stock Market and Scientific Guide to Price Action and Pattern Trading.

Here is the download link for the free Peak Trough Analysis Tool for MetaTrader 4 and MetaTrader 5. They are absolutely free.

https://www.mql5.com/en/market/product/23797

https://www.mql5.com/en/market/product/22420

https://algotrading-investment.com/portfolio-item/peak-trough-analysis-tool/

If you can understand how peak trough analysis works for your trading, you can use peak trough analysis together with either Advanced Price Pattern Scanner or Price Breakout Pattern Scanner to yield better profit. Both tools are great to be used together with above free peak trough analysis tools. Hence, we share the link for both.

Below are the links to Advanced Price Pattern Scanner.

https://www.mql5.com/en/market/product/24679

https://www.mql5.com/en/market/product/24678

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

Below are the links to Price breakout Pattern Scanner

https://www.mql5.com/en/market/product/4859

https://www.mql5.com/en/market/product/4858

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

You can also use our other product together with Peak Trough Analysis. Here is an entire product list.

https://www.mql5.com/en/users/financeengineer/seller#products

https://algotrading-investment.com/

Yes, in addition, we have the Support Resistance Indicator with the Risk Management Tool, which means that you can do the risk managment for your trading together with Peak Trough Analysis. You can have a look at this.

https://www.mql5.com/en/market/product/77887

If you are using the old version of Peak Trough Analysis, then make sure to update to the latest version 1.5 of Peak Trough Analysis. 

Use the latest version for the best performance.

To understand the logic behind the peak trough analysis, you can have a look at this article: Trading with Regularity in Financial Market. 

https://algotrading-investment.com/2018/10/26/trade-with-regularity-financial-market/

Enjoy this powerful but free technical indicator.