Young Ho Seo

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10+ yıl deneyim	62 ürünler	1172 demo sürümleri
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https://algotrading-investment.com

Harmonic Pattern Indicator - Repainting + Japanese Candlestick Pattern Scanner + Automatic Channel + Many more

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/

Non Repainting and Non Lagging Harmonic Pattern Indicator – Customizable Harmonic + Japanese Candlestic Pattern Scanner + Advanced Channel + Many more

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/

Supply Demand Indicator – Multiple Timeframe Scanning Added + Non Repainting + Professional 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/

Momentum Indicator – Path to Volume Spread Analysis

https://www.mql5.com/en/market/product/30641

https://www.mql5.com/en/market/product/30621

https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/

Elliott Wave Indicator for the Power User

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

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

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

Forex Prediction - Turn Support and Resistance to the Advanced Strategy

https://www.mql5.com/en/market/product/49170

https://www.mql5.com/en/market/product/49169

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

MetaTrader 4 and MetaTrader 5 Product Page: https://www.mql5.com/en/users/financeengineer/seller#products

Free Forex Prediction with Fibonacci Analysis: https://algotrading-investment.com/2020/10/23/forex-prediction-with-fibonacci-analysis/

Free Harmonic Pattern Signal: https://algotrading-investment.com/2020/12/17/harmonic-pattern-signal-for-forex-market/

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Here are the trading education books. We recommend reading these books if you are a trader or investor in Forex and Stock market. In the list below, we put the easy to read book on top. Try to read the easy to read book first and try to read the harder book later to improve your trading and investment.

First Link = amazon.com, Second Link = Google Play Books, Third Link = algotrading-investment.com, Fourth Link = Google Books

Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)

https://www.amazon.com/dp/B09L55ZK4Z

https://play.google.com/store/books/details?id=pHlMEAAAQBAJ

https://algotrading-investment.com/portfolio-item/technical-analysis-in-forex-and-stock-market/

https://books.google.co.kr/books/about?id=pHlMEAAAQBAJ

Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)

https://www.amazon.com/dp/B0993WZGZD

https://play.google.com/store/books/details?id=MME3EAAAQBAJ

https://algotrading-investment.com/portfolio-item/science-of-support-resistance-fibonacci-analysis-harmonic-pattern/

https://books.google.co.kr/books/about?id=MME3EAAAQBAJ

Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)

https://www.amazon.com/dp/B0B2KZH87K

https://play.google.com/store/books/details?id=7KrQDwAAQBAJ

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

https://books.google.com/books/about?id=7KrQDwAAQBAJ

Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)

https://www.amazon.com/dp/B01MRI5LY6

https://play.google.com/store/books/details?id=8SbMDwAAQBAJ

http://algotrading-investment.com/portfolio-item/guide-precision-harmonic-pattern-trading/

https://books.google.com/books/about?id=8SbMDwAAQBAJ

Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)

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

https://play.google.com/store/books/details?id=5prUDwAAQBAJ

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

https://books.google.com/books/about?id=5prUDwAAQBAJ

Predicting Forex and Stock Market with Fractal Pattern: Science of Price and Time

https://www.amazon.com/dp/B086YKM8BW

https://play.google.com/store/books/details?id=VJjiDwAAQBAJ

https://algotrading-investment.com/portfolio-item/predicting-forex-and-stock-market-with-fractal-pattern/

https://books.google.com/books/about?id=VJjiDwAAQBAJ

Trading Education Book 1 in Korean (Apple, Google Play Book, Google Book, Scribd, Kobo)

https://books.apple.com/us/book/id1565534211

https://play.google.com/store/books/details?id=HTgqEAAAQBAJ

https://books.google.co.kr/books/about?id=HTgqEAAAQBAJ

https://www.scribd.com/book/505583892

https://www.kobo.com/ww/en/ebook/8J-Eg58EDzKwlpUmADdp2g

Trading Education Book 2 in Korean (Apple, Google Play Book, Google Book, Scribd, Kobo)

https://books.apple.com/us/book/id1597112108

https://play.google.com/store/books/details?id=shRQEAAAQBAJ

https://books.google.co.kr/books/about?id=shRQEAAAQBAJ

https://www.scribd.com/book/542068528

https://www.kobo.com/ww/en/ebook/X8SmJdYCtDasOfQ1LQpCtg

About Young Ho Seo

Young Ho Seo is an Engineer, Financial Trader, and Quantitative Developer, working on Trading Science and Investment Engineering since 2011. He is the creator of many technical indicators, price patterns and trading strategies used in the financial market. He is also teaching the trading practice on how to use the Supply Demand Analysis, Support, Resistance, Trend line, Fibonacci Analysis, Harmonic Pattern, Elliott Wave Theory, Chart Patterns, and Probability for Forex and Stock Market. His works include developing scientific trading principle and mathematical algorithm in the work of Benjamin Graham, Everette S. Gardner, Benoit Mandelbrot, Ralph Nelson Elliott, Harold M. Gartley, Richard Shabacker, William Delbert Gann, Richard Wyckoff and Richard Dennis. You can find his dedicated works on www.algotrading-investment.com . His life mission is to connect financial traders and scientific community for better understanding of this world and crowd behaviour in the financial market. He wrote many books and articles, which are helpful for understanding the technology and application behind technical analysis, statistics, time series forecasting, fractal science, econometrics, and artificial intelligence in the financial market.

If you are interested in our software and training, just visit our main website: www.algotrading-investment.com

Young Ho Seo 2019.11.24

Profitable Pattern Scanner Version 8.65 Released

In version 8.65, we have aligned the Pattern Structure in the Profitable Pattern Scanner to X3 Pattern Framework. For example, we changed shape ratio (S) to retracement ratio (R) and momentum ratio (M) to expansion ratio (E). Hence, now theory, practice and profit goes together in one framework.
Please check below two articles for further explanation about the pattern structure.
https://algotrading-investment.com/2019/07/09/defining-profitable-patterns/

https://algotrading-investment.com/2019/11/20/x3-pattern-framework-for-the-day-trader-in-the-financial-market-2/

For maximum trading performance, please download version 8.65 of Profitable Pattern Scanner. Below is the download link for Profitable Pattern Scanner.
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/

Young Ho Seo 2019.11.24

One Stop Shop for Forex and Stock Market Trader

Algotrading-Investment.com is the one stop shop for Forex and Stock Market Trader. We provide you the premium Trading System and Tool for your trading in MetaTrader 4 and MetaTrader 5. These MetaTrader tools are used by over several thousands professional Forex trader from all over the world.

https://algotrading-investment.com/our-products-list/

Harmonic Pattern Indicator
Elliott Wave Pattern Indicator
Excessive Momentum Indicator
Price Breakout Pattern Scanner
Advanced Price Pattern Scanner
Advanced supply and demand zone indicator
At the same time, we provide trading utilities for your MetaTrader. We provide the following trading copiers.

* MetaTrader 4 to MetaTrader 4 Account Copier

https://algotrading-investment.com/portfolio-item/local-account-copier-mt4-to-mt4/

* MetaTrader 4 to MetaTrader 5 Hedge Account Copier

https://algotrading-investment.com/portfolio-item/account-copier-mt4-mt5-hedge/

* MetaTrader 5 Hedge Account to MetaTrader 4 Copier

https://algotrading-investment.com/portfolio-item/account-copier-mt5-hedge-mt4/

On top of MetaTrader products, we provide our own platform “Optimum Chart”. Optimum Chart provide technical indicators and Premium Technical indicators and the powerful Dashboard (i.e. Panel) in one price. If you start to use our Optimum Chart, then you do not need anything else. Please check it out on this product page about Optimum Chart.

https://algotrading-investment.com/2019/07/23/optimum-chart/

Young Ho Seo 2019.11.23

Take Profit and Stop Loss in Profitable Pattern Scanner

Profitable Pattern Scanner is also using the risk management concept with Pattern Completion Interval for your trading. Must remember that trading without having good reward/Risk ratio is useless. They can blow your account pretty quickly. Please make sure that you understand the role of Pattern Completion Interval and how it can help for your trading.

In Profitable Pattern Scanner, your stop loss and take profit is controlled for individual patterns. This is the main difference from Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Since Profitable Pattern Scanner have different categories of patterns like Elliott Wave patterns, Harmonic patterns and X3 patterns, you can apply different money management scheme if you wish.

To change your stop loss and take profit, scroll down in your input. Stop Loss = 1 means that it is size of 1 x Pattern Completion Interval Box. Take Profit = 2.5 means that it is size of 2.5 x Pattern Completion Interval.

Profitable Pattern Scanner provide all the historical patterns, helping you to tune your strategy. Hence, please test your strategy and change your stop loss and take profit according to your observation from your chart. We have already shown you how to test your strategy with Profitable Pattern Scanner in another article here.

https://algotrading-investment.com/2019/09/18/showing-historical-patterns-in-profitable-pattern-scanner/

Also check the screenshot for better understanding of this basic risk management concept.

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

Young Ho Seo 2019.11.23

Must Read Articles for Professional Harmonic Pattern Trader

Here is the short but insightful article for Harmonic Pattern Trader. This article will explain type of Harmonic Pattern indicators and the technology around the harmonic pattern detection algorithm. If you are professional trader, then you must read this article.

1) Turning Point and Trend: https://algotrading-investment.com/2019/07/06/turning-point-and-trend/

2) Pattern are good predictor of Market Turning Point: https://algotrading-investment.com/2019/07/07/patterns-are-the-good-predictor-of-market-turning-point/

3) Harmonic Pattern Indicator Types: https://algotrading-investment.com/2019/03/15/harmonic-pattern-indicator-types/

Throughout the article, we also emphasize the importance of estimating true success rate for harmonic pattern to build the winning trading strategy.

Also below we provide the links for the automated Harmonic Pattern Detection indicator.

4) Harmonic Pattern Scenario Planner

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

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

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

5) Profitable Pattern Scanner

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

Young Ho Seo 2019.11.23

New Version of Profitable Pattern Scanner coming soon

We have released version 8.63 of Profitable Pattern Scanner few days ago. We are continuously working to improve our products always whenever we find the good idea to improve our products. At the moment, we are working on another update for our Profitable Pattern Scanner.

We have released X3 Pattern framework sometime ago. This is really powerful way of producing winning price patterns for your trading.

https://algotrading-investment.com/2019/11/20/x3-pattern-framework-for-the-day-trader-in-the-financial-market-2/

In the new version of Profitable Pattern Scanner, the pattern structure will be aligned with this X3 Pattern framework.

So you will see both theory and practice and profits goes together. You will enjoy this powerful features for your trading.

Then stay tuned for further news. We will be working to release it on time.

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/

Young Ho Seo 2019.11.22

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/

Young Ho Seo 2019.11.22

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

Young Ho Seo 2019.11.22

Intro Video for Advanced Price Pattern Scanner

Advanced Price Pattern Scanner is the non repainting pattern scanner designed for both MetaTrader 4 and MetaTrader 5. It can detects many important price patterns for your trading like rising wedge, falling wedge, head and shoulder patterns, Cup and Handle, etc. Here is an intro video for Advanced Price Pattern Scanner from YouTube. Please check it out.

YouTube Video: https://www.youtube.com/watch?v=A1-IUr6u5Tg

Below is the direct link to Advanced Price Pattern Scanner. As usual, we provide it for both mql5.com and algotrading-investment.com.

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

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

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

Young Ho Seo 2019.11.22

Advanced Harmonic Pattern Detection Indicator for MetaTrader 5

Harmonic Pattern Scenario Planner is the most advanced Harmonic Pattern Detection tool existing in the market. At the same time, this is probably the most sophisticated harmonic pattern detection indicator for MetaTrader 5 platform, the latest Forex trading platform developed by MetaQuote.

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, non of other indicators has such a powerful search capability in the world.

Monte Carlo Simulation bring your trading strategy beyond the typical reversal trading. It will reveal the probable market scenarios automatically in just one button click. Then you choose the best scenario increasing your odd of winning.

Here is the product link to Harmonic Pattern Scenario Planner for MetaTrader 5. You can find more about the features of this advanced Harmonic Pattern Scenario Planner from this page below.

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

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

Young Ho Seo 2019.11.21

MT4 Supply Demand Zone Indicator

MetaTrader 4 is one of the most popular trading platform since 2010. It is accessible for free of charge for any trader from all over the world. We provide a range of powerful supply demand zone indicator particularly designed for MetaTrader 4 platform.

Here is the list of Advanced Supply Demand Zone Indicator. These supply and demand zone indicators are rich in features with many powerful features to help you to trade the right supply and demand zone to trading.

MT4 – Mean Reversion Supply Demand

Mean Reversion Supply Demand indicator is our earliest supply demand zone indicator and loved by many trader all over the world. It is great to trade with reversal and breakout. You can also fully setup your trading with stop loss and take profit target.

Below are the links to MT4 version of the Mean Reversion Supply Demand indicator.

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

https://algotrading-investment.com/portfolio-item/mean-reversion-supply-demand

MT4 – Ace Supply Demand Zone Indicator

Ace Supply Demand Zone indicator is our next generation supply demand zone indicator. It was built in non repainting and non lagging algorithm. On top of many powerful features, you can also make use of archived supply and demand zone in your trading to find more accurate trading opportunity.

Below are the links to MT4 version of the Ace Supply Demand Zone indicator.

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

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

Young Ho Seo 2019.11.21

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Young Ho Seo 2019.11.21

Trading Elliott Wave Pattern

Elliott wave patterns are the common geometric patterns used by Forex and stock market trading. In 1980s and 1990s, this technique was considered as rather complex trading strategy. However, as with the development of personal computer, we now have many automated tools to detect Elliott Wave patterns. This means that this sophisticated trading strategy is accessible by average trader with the help of automated tools. Here are the list of several articles giving you some insight about Elliott Wave pattern trading.

1) How Elliott Wave can Improve your Trading Performance

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

2) Elliott Wave Trend-Basic Tutorial 1

https://algotrading-investment.com/2019/04/14/elliott-wave-trend-basic-tutorial-1/

3) Elliott Wave Trend

Elliott Wave Trend is extremely powerful indicator. Allow you to perform Elliott wave counting as well as Elliott wave pattern detection. On top of them, it provides built in accurate support and resistance system to improve your trading performance.

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

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

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

4) Profitable Pattern Scanner

Profitable Pattern Scanner is not entirely Elliott wave tool but it contains some Elliott Wave pattern features in it (it detects Harmonic Patterns, Elliott Wave Patterns, X3 Patterns). Primarily, Profitable Pattern Scanner is specialized tools in detecting profitable patterns including Harmonic Pattern and Elliott Wave Patterns. It is great tool if you want to use both Harmonic Pattern and Elliott Wave patterns in one tool. In addition, the pattern detection algorithm inside Profitable Pattern Scanner is customizable using RECF notation shown in this link below:

https://algotrading-investment.com/2019/07/09/defining-profitable-patterns/

Here is the 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/

Young Ho Seo 2019.11.21

Pattern Scanner List for MetaTrader 4

Pattern detection is an important task for your winning trading. It is one way to solve the puzzle of market geometry, which is often not solvable with technical indicators. How about automatic pattern detection for your trading ?

We provide the list of various pattern scanner for your MetaTrader 4 platform.

1. Harmonic Pattern Plus for MetaTrader 4

Harmonic Pattern Plus is the harmonic pattern scanner. 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.

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. 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. Advanced Price Pattern Scanner

Advanced Price Pattern Scanner is the automatic price pattern scanner. It is designed to scan the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better? This is non-repainting and non-lagging indicator. Here is link for more information

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

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

4. Price Breakout Pattern Scanner

Price Breakout Pattern Scanner is the automatic pattern scanner designed to detect the Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder. Although this scanner is repainting, this scanner comes with powerful built in features like Japanese candlestick pattern detection + Smart Renko features. With all these features together, this pattern scanner forms the powerful trading system for Forex market.

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

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

Young Ho Seo 2019.11.20

What are the Profitable Chart Pattern ?

Profitable Chart Pattern is the pattern that are used to predict the movement of the financial market. Each Profitable Chart Pattern has its own pattern structure recognizable by trader. Typically, the pattern detection process involves to identify certain swing high and swing lows as well as retracement and expansion in your chart. Here is one article providing you the through pattern detection logic behind the Profitable Chart Pattern. Article can be found in webpage and pdf version from link below.

X3 Pattern Framework for the Day Trader in the Financial Market
WebPage: https://algotrading-investment.com/2019/11/20/x3-pattern-framework-for-the-day-trader-in-the-financial-market-2/
PDF: https://algotrading-investment.com/2019/11/17/x3-pattern-framework-for-the-day-trader-in-the-financial-market/
Profitable Pattern Scanner is designed to scan the Profitable Chart Pattern in your MetaTrader. The complex pattern detection process was fully automated in Profitable Pattern Scanner. Hence, your trading is much easier but more accurate. Please check out this automated Profitable Chart Pattern Detector.

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/

Young Ho Seo 2019.11.20

Price Breakout Pattern Scanner for Metatrader

Price Breakout Pattern Scanner is the powerful pattern scanner designed to solve the puzzle of the market geometry beyond the technical indicators. With built in Japanese candlestick patterns + Smart Renko features together, Price Breakout pattern scanner can help you to define the accurate market entry for your breakout trading. Here is some screenshots from Price Breakout 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/

Below is the YouTube Video link for Price Breakout Pattern Scanner:

Youtube Video Link: https://www.youtube.com/watch?v=aKeSmi_Di2s

Young Ho Seo 2019.11.20

Semi Automatic Way of Applying Harmonic Pattern

Optimum Chart provides more than ten different ways of applying harmonic patterns in your chart. Optimum Chart provides both manual and automated approach. You can always choose what works for you the best.

In this article, we will show you semi automatic way of applying Harmonic pattern. This semi automatic approach requires to pick up the points by yourself. However, this approach will provide you more flexible options in applying Harmonic Pattern. For example, with this approach you can apply Harmonic Pattern to Price Chart and Indicator Chart at the same time.

In this example, we picked up some portion of history chart. we have applied Butterfly pattern to price chart. We have applied Gartley pattern to Moving Average of Oscillator indicator. You can use other technical indicators like RSI, CCI and etc.

Here is the steps in projecting potential reversal zone.

1. Pick five points in your chart (these points are typically swing highs and swing lows)

2. Check PME and MPME to asses your pattern and minimize them below 15%.

PME stands for Pattern Matching Error and MPME stands for Mean Pattern Matching Error. In detecting pattern, you will be minimize both PME and MPME as small as possible. Typically you won’t get anything near zero. But you should aim to reduce this PME and MPME below 15% as we have shown in our screenshot.

Here is simple math to describe PME and MPME

PME = Pattern Matching Error = 100% – PME = Pattern Matching Accuracy
MPME = Mean Pattern Matching Error = Average Pattern Matching Error over all five points
Some people might like to work with PMA = Pattern Matching Accuracy. But do professional use Pattern Matching Error more to avoid any confusion between success rate and Pattern Matching Accuracy. They are not the same thing. You only work with PMA if they represents the probabilistic outcome. Since not in this case, we just use PME for some good reason.

Since you apply the pattern for both price and indicator level, you could improve the chance of winning. This confluence where two pattern meets, you will be able to enter at more accurate timing.

Here is some tips. Sometimes, you can apply the same pattern to both price and indicator chart. However, most of time, you will apply different pattern. This is because of price dynamics and indicator dynamics are different. Also pattern size in both price and indicator chart can be different. Sometimes, there is some trader just applying Harmonic Pattern to indicator only. You can develop your own preferences using the provided simulator in Optimum Chart. See which one works the best for your trading.

Optimum Chart provide automated Harmonic Pattern indicator, Pattern Scanner dashboard and even non repainting algorithm. You have the array of choice in using Harmonic pattern for your trading. However, this semi automatic approach has its own ground. Professional trader likes to this sort of approach in spite of having fully automated indicator on their hands. So we provide this approach as well.

Optimum Chart is the most powerful Price Action and Pattern Trading platform.

Below is the link to Optimum Chart.

https://algotrading-investment.com/2019/07/23/optimum-chart/

https://algotrading-investment.com/

Young Ho Seo 2019.11.20

Harmonic Pattern Indicator List for MetaTrader 5

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. If the harmonic pattern detection can be done automatically, I think that is very good start for any harmonic pattern trading.

Here is the list of Harmonic Pattern Indicator for your MetaTrader 5 platform, the most popular forex trading platform in the world. These harmonic pattern indicators are not only detecting harmonic pattern but they also provide the additional features to support you to win in your trading. These listed Harmonic pattern indicators here will provide the best value for the money probably.

1. Harmonic Pattern Plus for MetaTrader 5

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. Please visit the product page about more information.

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

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

2. Profitable Pattern Scanner for MetaTrader 5

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 pattern scanner in the market.

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

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

3. Harmonic Pattern Scenario Planner for MetaTrader 5

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 this tactical harmonic pattern indicator then you will know its power.

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

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

Young Ho Seo 2019.11.19

Choosing Strength at Origin in your Supply Demand Zone indicator

Ace Supply Demand Zone indicator is non repainting Supply Demand zone indicator. You can consider it as the advanced support and resistance indicator too. Strength at Origin input is an important input for supply and demand zone. This input can be selected between 1 and 10. Strength at Origin 1 is less significant and 10 is more significant in relative term. But this is only rough guide line about Strength at Origin input for supply and demand zone trading. We also provide the screenshot of how to do it in your chart. We hope this article is useful.

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/

Young Ho Seo 2019.11.19

Combining Price Breakout Pattern with Support and Resistance

Price Breakout Patterns are in fact the extension of support and resistance trading. When you grab the idea of support and resistance with Price Breakout Patterns, you can really advance your trading a lot. With Price Breakout Pattern Scanner, this is easy task because it provide the built in support and resistance mode.

In the support and resistance mode, your price breakout patterns will be turned into support and resistance. In doing so, you need to set support and resistance mode in your input setting. We will show this in our screenshot.

Once this setup is in place, Price Breakout Pattern will become support and resistance for your trading. With conventional support and resistance together, this could indicate highly probable trading entry.

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/

Below is the YouTube Video link for Price Breakout Pattern Scanner:

YouTube Video Link: https://www.youtube.com/watch?v=aKeSmi_Di2s

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