Expanding top or bottom

An indicator of patterns #1 and #4 ("Broadening Tops" and "Broadening Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.  

Version 1: bottom, top, bottom, top, top breakout. Version 2: top, bottom, top, bottom, top breakout.

Parameters:

  • Alerts - show alert when an arrow appears  
  • Push - send a push notification when an arrow appears (requires configuration in the terminal)
  • Variant1 - show version 1 of the pattern
  • Variant2 - show version 2 of the pattern
  • PeriodBars - indicator period
  • K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patterns will be recognized
  • ArrowType - a symbol from 1 to 17
  • ArrowVShift - vertical shift of arrows in points  
  • ShowLevels - show levels
  • ColUp - color of arrow up
  • СolDn - color of arrow down  
  • Auto5Digits - automatic multiplication of ArrowVShift by 10 when working with 5 and 3 digit quotes.

Note. Arrows appear on a forming bar and do not disappear.

It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.

Recommended optimization parameters: PeriodBars, K.  

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The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
Special offer : ALL TOOLS , just $35 each! New tools   will be   $30   for the   first week   or the   first 3 purchases !  Trading Tools Channel on MQL5 : Join my MQL5 channel to update the latest news from me Volumetrik Sipariş Blokları Çoklu Zaman Çerçevesi göstergesi, önemli piyasa katılımcılarının siparişleri biriktirdiği kilit fiyat bölgelerini belirleyerek piyasa davranışına daha derin bir içgörü arayan tüccarlar için tasarlanmış güçlü bir araçtır. Bu bölgeler, Volumetrik Sipariş Bloklar
Advanced Supply Demand
Bernhard Schweigert
4.91 (302)
Özel Ticaret –%30 İndirim Yeni Başlayanlar veya Uzman Yatırımcılar İçin En İyi Çözüm! Bu gösterge, bir dizi özel özellik ve yeni bir formül içerdiği için benzersiz, yüksek kaliteli ve uygun fiyatlı bir işlem aracıdır. Bu güncelleme ile çift zaman dilimi bölgeleri gösterebileceksiniz. Sadece daha yüksek bir zaman dilimini değil, hem grafik zaman dilimini hem de daha yüksek zaman dilimini gösterebileceksiniz: İÇ İÇE GEÇMİŞ BÖLGELER GÖSTERİYOR. Tüm Arz Talep yatırımcıları buna bayılacak. :) Önem
Artemis Gold M1 Scalper Artemis Gold M1 Scalper , XAUUSD yatırımcıları için özel olarak geliştirilmiş premium bir MT4 indikatörüdür. M1 zaman diliminde Gold scalping işlemleri için daha temiz, daha düzenli ve daha yapılandırılmış bir yaklaşım sunmayı amaçlar. Bu basit bir ok indikatörü değildir. Artemis; dinamik destek ve direnç, trend onayı, momentum filtresi, ATR tabanlı işlem seviyeleri, sinyal kalite puanı, piyasa durumu analizi, seans gücü, aktif sinyal koruması ve temiz bir dashboard yapıs
Neo Wave PRO
Nikolay Raykov
5 (1)
Price & Time Market Structure Indicator A professional market structure tool that analyzes waves through both price and time — not price alone. Main Description NeoWave PRO is a professional market structure indicator for MetaTrader 4 designed for traders who want to move beyond traditional one-dimensional wave tools such as ZigZag, swing indicators, and basic high/low systems. Most wave indicators analyze only one thing: Price. But a real market wave is not only a price movement. A true wave de
PRO Renko Sistemi, RENKO grafikleri ticareti için özel olarak tasarlanmış son derece hassas bir ticaret sistemidir. Bu, çeşitli ticaret araçlarına uygulanabilen evrensel bir sistemdir. Sistemi etkin piyasa sana doğru ters sinyallerine erişim hakkı denilen ses nötralize eder. Göstergenin kullanımı çok kolaydır ve sinyal üretiminden sorumlu tek bir parametreye sahiptir. Aracı, seçtiğiniz herhangi bir ticaret aracına ve renko çubuğunun boyutuna kolayca uyarlayabilirsiniz. Yazılımımla karlı bir
Bu gösterge, pratik ticaret için mükemmel olan otomatik dalga analizine yönelik bir göstergedir! Dava... Not:   Dalga sınıflandırması için Batılı isimleri kullanmaya alışkın değilim. Tang Lun'un (Tang Zhong Shuo Zen) adlandırma kuralının etkisiyle, temel dalgayı   kalem   , ikincil dalga bandını ise   segment   olarak adlandırdım. aynı zamanda segmentin trend yönü vardır. Adlandırma   esas olarak trend segmentidir   (bu adlandırma yöntemi gelecekteki notlarda kullanılacaktır, öncelikle söyleyey
Channel Trend Bands  MTF – A Comprehensive Indicator for Market Analysis MetaTrader 5 Version Simple to Use, Effective in Application User-Friendly and Suitable for All Traders This indicator stands out due to its straightforward functionality. Whether you're a beginner exploring the market or an experienced trader refining your strategy, this tool offers valuable insights. Using a Triangular Moving Average (TMA) with additional ATR-based bands , it provides structured market data to support w
M W Pattern Pro
Noiros Tech
4.14 (7)
M & W Pattern Pro is an advanced scanner for M and W patters , it uses extra filters to ensure scanned patterns are profitable. The indicator can be used with all symbols and time frames. The indicator is a non repaint indicator with accurate statistics calculations. To use , simply scan the most profitable pair using the statistics dashboard accuracy , then enter trades on signal arrow and exit at the TP and SL levels. STATISTICS : Accuracy 1 : This is the percentage of the times price hits TP
Extreme Value Sniper is a detrended price indicator  Indicator finds the potential reversal levels by checking value ranges and price cycles. MT5 Version of the product :  https://www.mql5.com/en/market/product/114550 It shows the overbought and oversold levels using the average range. Overbought Levels are between 4 and 10 Oversold levels are bewtween -4 and -10 Those levels can be used as a reversal levels. Extreme Value Sniper look for some special divergence and convergence patterns to c
TrendMaestro
Stefano Frisetti
4 (4)
Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a
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Exp iCustomNew
Dmitry Fedoseev
4.43 (7)
The exp_iCustomNew Expert Advisor allows to trade using any custom and standard indicators, using their various values: arrows, the intersection of two lines, level crossing, extremum, color. To define the entry signal, the EA can use one main indicator and up to four indicators to confirm by trend and up to four indicators to confirm by volatility. Confirmation indicators can be calculated on any other symbol and timeframe. Additionally, the entry signals are filtered by time (up to three sessi
Stowell
Dmitry Fedoseev
4 (1)
Indicator of Stowell's Three-Bar Net Line. In this indicator, the number of bars used for determining the lines can be defined in the settings. With the default settings, the indicator draws arrows in the areas of the line breakout. The lines are not displayed on the chart by default. but can be enabled. Parameters Alerts - enable alerts when arrows appear. Arrows appear on a forming bar and can disappear during bar formation. Therefore, it is recommended to wait for the bar with the arrow to c
FREE
Библиотека для расчета формул. Формула задается строкой. Можно задавать формулу в строковой переменой в окне свойств. Формула может включать арифметические действия "+-/*" и все функции кроме MathRand(): abs(), arccos(), arcsin(), arctan(), sin(), cos(), tan(), exp(), log(), mod(), max(), min(), pow(), ceil(), sqrt(), log10(), floor(), round(). Кроме этого в формулу могут входить числа (если число дробные, то разделитель точка) и аргументы. Аргумент начинается с буквы "а" (латинская) и номера, н
FREE
An indicator of patterns #45 and #46 (Three Falling Peaks and Three Rising Valleys) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patt
An indicator of patterns #50 and #51 ("Triple Bottoms", "Triple Tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patterns will b
Cat bounce
Dmitry Fedoseev
An indicator of pattern #54 ("Dead cat bounce") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when working w
An indicator of pattern #55 ("Dead cat bounce, inverted") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when
An indicator of patterns #24, #25, #26 and #27 ("Head and Shoulders", "Complex Head and Shoulders") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should
An indicator of patterns #9 and #10 ("Cup with handle") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K1 - an additional parameter that influences the accuracy of recognition and pattern shape (the lower the value, the smoother the cup edge is) K2 - an additional parameter that influences the accuracy of
Double top or bottom
Dmitry Fedoseev
3 (1)
An indicator of patterns #13 - #20 ("Double Tops" and "Double Bottoms", types Adam-Adam, Adam-Eva, Eva-Adam, Eva-Eva) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Adam - sharp tops/bottoms, Eva - flat ones. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smalle
An indicator of patterns #2 and #3 ("Broadening formation right-angled and ascending" and "Broadening formation right-angled and descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the
An indicator of patterns #5 and #6 ("Wedges, ascending, broadening" and "Wedges, descending, broadening") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of arrow up СolDn - color of
An indicator of patterns #52 and #53 ("Falling/rising wedges") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show lines
Flag
Dmitry Fedoseev
An indicator of patterns #21, #22, #23 ("Flag") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - period in bars K - an additional parameter that influences the accuracy of pattern shape recognition. The influence of the parameter will be visible if not all of the pattern variants are enabled (not all three parameters Expandin
Gap
Dmitry Fedoseev
5 (1)
Gap indicator (pattern #23) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when working with 5 and 3 digit quotes. Note. Arrows appear at the
Gap island
Dmitry Fedoseev
An indicator of pattern #30 ("Island Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski (two gaps, the second gap is in the direction of the first one). Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of an upward lin
An indicator of patterns #24 and #26 ("Head and Shoulders") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels Co
An indicator of patterns #28 and #29 ("Horn bottoms" and "Horn tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) BarsInsideFrom - minimum number of bars between the tops BarsInsideAdd - the number of bars between the tops can be in the range from BarsInsideFrom to BarsInsideFrom+BarsInsideAdd-1. If the value is -1, the number of
Long island
Dmitry Fedoseev
An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of an upward line ColDn - color of a downward line   Auto5Digits - automatic multi
An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. The second gap is in the opposite direction. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of an upward line ColDn - color of a
An indicator of patterns #32 and #33 ("Measured Move Up/Down") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period MinMovment - minimum movement value (in points) BackMovment - maximum value of return movement (as decimals) ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   Sh
An indicator of patterns #35 and #36 ("Pipe bottoms" and "Pipe tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - An indicator period (number of bars that form a top/a bottom) K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accurac
An indicator of patterns #7 and #8 ("Bump-and-Run" and "Bump-and-Run Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition  ArrowType - Character: from 1 to 17 ArrowVShift - vertical shift of arrows in points   Show
An indicator of patterns #37 and #38 ("Rectangle Tops" and "Rectangle Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period VertexCount - the number of tops and bottoms: 2, 3, 4.   ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - colo
An indicator of patterns #11 and #12 ("Diamond Tops" and "Diamond Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points  Note. Arrows
An indicator of patterns #39 and #40 ("Rounding Tops" and "Rounding Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears  Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period   K - an additional parameter that influences the accuracy of pattern shape recognition. Changes from 0 to 1 ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows
An indicator of pattern #49 ("Triangle, symmetrical") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show lines ColUp - c
An indicator of patterns #47 and #48 ("Triangle, ascending" and "Triangle, descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accuracy of pattern shape recognit
DragonM
Dmitry Fedoseev
5 (1)
The indicator determines Dragon pattern. It is based on the zigzag. There is buffer 0 which has no color located in the Colors tab. You will see the zigzag if you set it to some color.  The indicator draws an up arrow when it detects a pattern which assumes further upward movement of the indicator. Similarly, the indicator draws a down arrow when it detects a pattern which assumes further downward movement of the indicator. Parameters: Alerts - show alert when an arrow appears. Push - send a pus
TBP All in One
Dmitry Fedoseev
5 (2)
All patterns from Encyclopedia of Chart Patterns by Thomas N. Bulkowski in one indicator. It draws an up or down arrow whenever a pattern is identified. Patterns are selected in the drop-down list of the Pattern variable (located at the beginning of the properties window). The indicator has numerous external parameters, some of them apply to all patterns, while others are selective. To see more information on the parameters used for the selected pattern, enable the ShowHelp variable (located at
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