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Fibonacci Patterns SCOUT

3

The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table.

The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once!
It refreshes every second and alerts you when it finds a new pattern!
Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually.
Take Profit Targets 1 to 3 (TP1, TP2, TP3) as well as where to place a Stop Loss (SL) are displayed with each pattern!

The arrows next to the name of the pairs indicate the overall direction to trade on that pair by means of all the harmonic patterns it found on all chosen time frames. (more info on that in the user guide)

Unlike similar software, the WSFP SCOUT will detect Patterns in their very early stage.
As soon as a patterns' C-point has formed it will detect and display this Emerging Pattern.
Such an early warning is priceless because it gives you plenty of time to prepare yourself for the trade.
You might even trade towards the D-point.

The WaltSoft Fibonacci Patterns SCOUT distinguishes itself from similar and often more expensive tools by its accuracy, speed, clarity and ease of use!

If you are serious about trading Harmonic Patterns then this is the tool for you!

 

Important!

You also need the "Fibonacci Patterns INDI" which can be downloaded here.
Installation Instructions (Also in User Guide)
New User Guide!

The Fibonacci Patterns Scout will NOT run in the Strategy Tester!

 

Settings

  • Pair(s) = "EURUSD,USDJPY,GBPUSD,USDCHF,USDCAD,AUDUSD,NZDUSD" (Max 28, separated by comma)
  • Time Frame(s) = "M15,H1,H4,D1,W1,MN" (Max 9, separated by comma)
Patterns to Scout
  • Stage 1 Patterns = "NO"
  • Stage 2 Patterns = "YES"
  • Completed Patterns = "YES"
  • ---------------------------
  • Gartley = "YES"
  • Papilionem (like Butterfly) = "YES"
  • Squalus (like Shark) = "YES"
  • Carcinos (like Crab) = "YES"
  • Deep Carcinos = "YES"
  • Vespertilio (like Bat) = "YES"
  • Alternate Vespertilio = "YES"
  • Five Legs (like 5-0) = "YES"
  • New Cypher = "YES"
  • Quasimodo = "YES"
  • Navarro 200 = "YES"
  • Leonardo = "YES"
  • Black Swan = "YES"
  • White Swan = "YES"
  • Nen Star = "YES"
  • Sea Pony = "YES"
  • ----------------------------
  • Custom Pattern = "NO"
  • Name Custom Pattern = "Custom"
  • min XB = "0.618"
  • max XB = "0.786"
  • min AC = "0.618"
  • max AC = "0.99"
  • min BD = "1.272"
  • max BD = "7"
  • min XD = "0.786"
  • max XD = "0.99"
  • SL =
  • TP1 =
  • TP2 =
  • TP3 =

Following settings groups are self-explanatory

  • PANELS DISPLAY
  • PANEL Pairs & Time Frames 
  • PANEL Patterns Change List


Enjoy,

Walter

İncelemeler 2
Andrzej Banowicz
1283
Andrzej Banowicz 2021.05.11 16:34 
 

A very interesting project. I tried the first day, but so far no complaints. I will refer to a previous negative entry made by some coward who did not even specify which formation is not working properly. Either he is too stupid to use this indicator, or he is a malicious malcontent. I think the author would have no problem correcting this type of error. This is what we are here for, to act together. I hope will add one more star in few days.

Five STARS!

Walter work on some colours sets, for white, grey, black chart backgrounds. Some colours, patterns, texts are not visible as it can be

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Filtrele:
Andrzej Banowicz
1283
Andrzej Banowicz 2021.05.11 16:34 
 

A very interesting project. I tried the first day, but so far no complaints. I will refer to a previous negative entry made by some coward who did not even specify which formation is not working properly. Either he is too stupid to use this indicator, or he is a malicious malcontent. I think the author would have no problem correcting this type of error. This is what we are here for, to act together. I hope will add one more star in few days.

Five STARS!

Walter work on some colours sets, for white, grey, black chart backgrounds. Some colours, patterns, texts are not visible as it can be

WaltSoft
23676
Geliştiriciden yanıt Walter Abrahams 2021.05.14 16:55
Thank you Andrzej!
I think it is a very intuitive tool, but if you happen to have any questions I'll be glad to help.
Most if not all is explained in the accompanying pictures.
And of course there is the user guide 😉 Meanwhile, on your request, I have updated the Fibonacci Patterns INDI with the setting "Color Scheme" to choose between "Use below colors" or "Colors for light background".
for MT4: https://www.mql5.com/en/market/product/47533 for MT5: https://www.mql5.com/en/market/product/47567
mohdhm
138
mohdhm 2020.09.18 07:14 
 

One of the patterns is incorrect. what a joke.

WaltSoft
23676
Geliştiriciden yanıt Walter Abrahams 2021.02.06 10:53
So which pattern do you think is incorrect?
Or are you simply saying this to bring "your competition" in discredit?
I have been involved in harmonic patterns for 10 years already, so I'm sure that I got all patterns correct!
İncelemeyi yanıtlayın
Sürüm 2.8 2021.02.13
- Added Targets to Patterns: Stop Loss (SL), Take Profit 1 to 3 (TP1, TP2, TP3) and added those settings for the Custom Pattern
in the Scout.
Therefore the Fibonacci Patterns INDI also got a few new settings:

- Draw Targets = YES/NO
- Kind Of Line = Trend Line/Horizontal Line
- Size Target Lines (bars) = when Trend Line was chosen in previous setting
- Style Target Lines = Solid/Dash/Dot ...
- Width Target Lines = Only effective when "Solid" was chosen in previous setting
- Font Size Pattern Name at Targets = 10
- Add Points to Stop Loss (SL) = 10

- Clicking on the Number of Found Patterns in the list (of Scout), will now highlight the relevant Buttons which makes it easier
to find the pairs/time frames with that Pattern.