Young Ho Seo / 个人资料

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 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) X3 Chart Pattern Scanner

X3 Chart Pattern Scanner is not entirely Elliott wave tool but it has some Elliott Wave pattern features in it (it can detect Harmonic Patterns, Elliott Wave Patterns, X3 Patterns). Primarily, X3 Chart Pattern Scanner is specialized tools in detecting the Chart 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 X3 Chart 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/

Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus (Harmonic Pattern Scenario Planner)

Having understood all the concept behind the Pattern Completion Interval, you might observe that sometime price can react outside the pattern completion interval. Sure, there is nothing perfect in the world. As long as you understand the pros and cons of using large stop loss size, it is still fine to control your own stop loss size.

However, we still prefer to express stop loss size in terms of pattern completion interval range for convenience. For example, if the original stop loss size was equal to 1 x pattern completion interval, you can certainly use 1.5 x pattern completion interval or 2 x pattern completion interval.

Another consideration before you are using pattern completion interval, if you can enter the market at the competitive price, then you can feel less guilty when you increase your stop loss size because you are still remaining good rewards/Risk ratio. On the other hands, if you have entered market at not so competitive price, then you might be cautious when you increase your stop loss size.

The same feature applies to X3 Chart Pattern Scanner (Non Repainting and Non Lagging Harmonic Pattern and Elliott Wave pattern scanner.)

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/

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/

X3 Chart 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/

Volume Spread Analysis Indicator List

We provide three different Volume Spread Analysis indicators and volume based tools. Our volume spread analysis tools are the hybrid of volume spread analysis and signal processing theory.

These tools will help you to complete your trading decision with high precision. As long as you understand the concept of the Accumulation and Distribution area in the volume spread analysis, these tools will help you to predict the presence of Accumulation and Distribution area. Hence, you can predict the best trading opportunity.

Firstly, Volume Spread Pattern Indicator is the powerful volume spread analysis indicator that operated across multiple timeframe. Volume Spread Pattern Indicator will not only provide the bearish and bullish volume spread pattern in the current time frame but also it will detect the same patterns across all timeframe. You just need to open one chart and you will be notified bullish and bearish patterns in all timeframe in real time.

Here is the link to Volume Spread Pattern Indicator.

https://www.mql5.com/en/market/product/32961

https://www.mql5.com/en/market/product/32960

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

Secondly, Volume Spread Pattern Detector is the light version of Volume Spread Pattern Indicator above. This is free tool with some limited features. However, Volume Spread Pattern Detector is used by thousands of traders. Especially, it works great with the support and resistance to confirm the turning point. This is free tool. Just grab one.

https://www.mql5.com/en/market/product/28438

https://www.mql5.com/en/market/product/28439

https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/

Both Volume Spread Pattern Indicator and Volume Spread Pattern Detector works well with Excessive Momentum indicator as Excessive Momentum indicator helps to detect the potential Accumulation and Distribution area automatically. Hence, if you are using Excessive Momentum Indicator, then you must use one between Volume Spread Pattern Indicator or Volume Spread Pattern Detector.

Here is link to Excessive Momentum Indicator.

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

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

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

Thirdly, we provide the volume Zone Oscillator. This is another useful free tool that utilizes the volume information for your trading. You can use these tools for volume spread analysis, Harmonic Pattern, Elliott Wave Pattern, X3 Price Pattern further. This is free tool. Just grab one.

https://algotrading-investment.com/portfolio-item/volume-zone-oscillator/

Special Discount Offer for Happy Christmas and COVID19 Vaccine

The Festive Season is a time for celebration, enjoyment, and goodwill, especially at the Christmas. However, Christmas is bound to look very different this year. Lockdown is likely in place for the most of the countries. Although we may feel less in this Christmas, it might be necessary to minimize the risk of Corona Virus. However, there is a good news too. The Corona Virus Vaccine is on its way. We hope that the Vaccine is accessible to everyone soon.

Just to release some of your burden in this Christmas, we will provide the 50 dollar direct discounts on the following MetaTrader 4 and MetaTrader 5 products on mql5.com.

Ace Supply Demand Zone indicator (150 to 100 dollar)
Advanced Price Pattern Scanner (230 to 180 dollar)
Elliott Wave Trend (250 to 200 dollar)
Price Breakout Pattern Scanner (150 to 100 dollar)
Harmonic Pattern Scenario Planner (150 to 100 dollar)
X3 Chart Pattern Scanner (358 to 280 dollar)
Excessive Momentum Indicator (250 to 200 dollar)
The discount is available from 2 December 2020. Please get these MetaTrader 4 and MetaTrader 5 products on the reduced price while the price lasts. Finally, stay safe and happy. For your information, above price does not include 20% VAT. The discounted MetaTrader products are available from the link below:

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

https://www.algotrading-investment.com/

Harmonic Pattern Signal for Forex Market – Free

We provide the free Harmonic Pattern Signal for Forex Market. This short article will provide the some guide on how to use these Free Harmonic Pattern Signals for your winning trading. First of all, anyone can access the free Harmonic Pattern Signal from the link below.

Click Here to Access Free Harmonic Pattern Signal for Forex Market

or Use the Link below to Access Free Harmonic Pattern Signals for Forex Market

https://algotrading-investment.com/Operation/DataFolder1/Temp/HarmonicPatternSignal0.html

In the trading signal page above, you will find a signal table with columns. Each column contains the information that you can construct the trading signal in your Chart.

Column 1: Symbol Name
Column 2: Full Symbol Name
Column 3: Timeframe of chart
Column 4: Harmonic Pattern Name
Column 5: Trading Direction showed by the Pattern
Column 6: Pattern Size measured in number of candle bars. It was counted from Point X to Point D
Column 7: Pattern Age is the count of candle bars to Point D from the latest candle in your chart
Column 8: Price at Point D, which is the last point in the Harmonic Pattern Structure of XABCD
Column 9: Date at Point D, which is the last point in the Harmonic Pattern Structure of XABCD
Column 10: Status indicates if the pattern is completed or is not completed yet.
To use this trading signal, you need to mark up the location of the Harmonic Pattern in your chart. You can do this in any trading platform including MetaTrader, Trading View, Ninja Trader and so on. Follow the two steps below:

Open the Chart with the same timeframe shown in the table
Mark up the pattern location using Price at Point D and Date at Point D
That is it. Once you marked up the location of the Harmonic Pattern, you will find the pattern age automatically. If you want to add bit more information, then you can also mark up the location of the pattern starting point using Pattern Size. To help you with the marking up, we have attached the Screenshot on the bottom. In the screenshot, we used the AB=CD pattern at EURCHF H1 timeframe as an example.

If the pattern age is big like 30 or 50, then it is aged pattern. If the pattern age is small like 1 or 2, then it is a fresh new pattern. While you are using these free trading signals, you need picking up the pattern with the right pattern age for the successful trading. Therefore, to confirm your final trading decision, you might add some other secondary confirmation with our Harmonic Pattern Signals. Depending on your level of trading experience, you can utilize various secondary confirmation from simple oscillator like RSI or CCI to advanced one like Elliott Wave Theory or Pairs Trading.

For your information, when the pattern status is shown as incomplete, the Price at Point D can move sometimes. This is known as the repainting among the trading community. However, if the pattern status is shown as completed, then the Price at Point D is fixed and they will no longer change.

If you want to understand the Harmonic Pattern Trading in details, you can visit our Trading Education page below. There are many good articles helping you to improve your trading performance.

https://algotrading-investment.com/2019/07/23/trading-education/

If you want to access more rich information for your trading signal, then you can also buy the Harmonic Pattern Plus or X3 Chart Pattern Scanner available in MetaTrader 4 and MetaTrader 5. In Harmonic Pattern Plus, you can access many additional features on top of the harmonic pattern trading signals. For example, you can also access Advanced Channel and around 52 Japanese candlestick pattern. It will also draw the Pattern Completion Interval automatically in your chart helping you to set your stop loss and take profit targets. It is a repainting indicator but it comes at the affordable price.

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/

If you need more advanced one than Harmonic Pattern Plus, then you can use our X3 Chart Pattern Scanner. X3 Chart Pattern Scanner is the non repainting and non lagging Harmonic Pattern and Elliott Wave Pattern Scanner with multiple of advanced features. You can even customize the patterns you want to detect by changing their pattern structure.

Below are the Links to X3 Chart 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/

If you need even more advanced feature for your trading signal than X3 Chart Pattern Scanner, then we will recommend using Optimum Chart, which is our Standalone Charting and Analytical Platform. It is geared up to generate high quality trading signal and advanced market prediction in fully automated manner. At the same time, it provides extremely simple user interface. If you are curious on what is offered in the Optimum Chart, then you can visit the link below.

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

At the same time, if you are looking for free MetaTrader tools, then do not forget to visit our Free MetaTrader Product section here.

https://algotrading-investment.com/free-download/

or

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

Providing Free Trading Signals require noticeable amount of time and efforts. We provide all these Trading Signals, Trading Education and Free MetaTrader products for absolutely free of charge. Make sure to leave some good and positive reviews on our Free products, Paid Products and our Books on the internet. Please share this Free Harmonic Pattern Trading Signals with your friends and colleagues on SNS. So we can return more to people.

Using Spread Chart from the Pairs Trading Station in MetaTrader

From Pairs Trading Station in MetaTrader version, you can access the Spread Chart, which is mathematically processed to show the distance between two financial instruments (or between two assets).

You can access the Spread Chart by clicking << button or >> button near the Spread button.

Here is the brief guide on how to interpret the Spread Chart. In this example, we use AUDUSD and XAUUSD as asset 1 and asset 2. The absolute magnitude of these two assets are compared in the normalized sense to compare apple to apple and pear to pear. Two cases exist including the positive spread and negative spread.

In positive spread, AUDUSD (i.e. asset 1) is greater than XAUUSD (i.e. asset 2). Higher the positive spread means that AUDUSD is much greater than XAUUSD in the normalized sense. If the positive spread is small, then the difference between AUDUSD and XAUUSD is also small.

In negative spread, AUDUSD (i.e. asset 2) is smaller than XAUUSD (i.e. asset 2). Higher the negative spread means that AUDUSD is much smaller than XAUUSD in the normalized sense. If the negative spread is small, then the difference between AUDUSD and XAUUSD is also small.

Further you can access more detailed trading operation with below Pairs Trading Manual.

https://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/

To help you understand the spread chart, we also attach the screenshot.

Pair Trading Station is very unique trading system based on Statistical Arbritage trading principle. Below is the direct link to Pair Trading Station for MetaTrader 4 and MetaTrader 5 platform:

https://algotrading-investment.com/portfolio-item/pair-trading-station/

https://www.mql5.com/en/market/product/3303

https://www.mql5.com/en/market/product/3304

So far, we have explained the functionality of Pairs Trading Station in MetaTrader version, covering both MetaTrader 4 and MetaTrader 5. In addition, we also provide the Pairs Trading Station in Optimum Chart too with more advanced features.

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

Excessive Momentum Indicator and Trading Operation

Excessive Momentum Indicator automatically detects the broken balance between supply and demand of investors in the financial market. Detection of this broken balance provides the great market timing for the entry and exit for our trading. In this short article, we explain some of the controllable inputs in the Excessive Momentum Indicator.

There are the four main inputs, controlling the calculation. They are:

* Bars To Scan: amount of candle bars to calculate the indicator. Choose bigger numbers if you want to see the calculation over longer historical period.

* Momentum Strength Factor: Momentum Strength is the strength of Excessive Momentum to detect. It can stay between 0.1 and 0.5. In theory, it can go up to 1.0. However, you will not get many signals to trade. The default setting is 0.1. You can try various Momentum Strength Factor to optimize your trading performance if you wish.

* Equilibrium Fractal Wave Scale: This input controls the size of Fractal Wave when we detect the excessive momentum. If you put bigger number, then you get less signals to trade. The default setting is 0.5.

* Detrending Period: This input controls the statistical calculation in the algorithm. It should stay between 20 and 50.

Above four inputs are important because they can affect the number and quality of trading signals. You can use the default setting most of time. However, it is also possible that you can try different inputs and check how they perform in the historical data. Rest of inputs are probably self-explanatory from their name.

Now, let us cover the trading signals. In the Excessive Momentum indicator, you get two signal alerts. Firstly, you will get alert when the Excessive Momentum is starting in the market. In this case, it will notify you the starting price. At this stage, the excessive momentum is not completely expanded yet.

Secondly, you will get alert when the Excessive Momentum is completed in the market. At this stage, you will be notified both starting price and ending price of Excessive Momentum.

Both starting price and ending price of Excessive Momentum form the Excessive Momentum Zone. At which signal you want to trade is up to your choice. You can use the zone as the breakout trading when the zone is narrow. When the zone is sufficiently large, it might be possible to aim some reversal trading opportunity too.

At the same time, this Excessive Momentum Zone can be considered as either Accumulation or Distribution area in the Volume Spread Analysis. You can further find the symptoms of accumulation and distribution area using our Volume Spread Pattern Indicator (Paid and Advanced version) or Volume Spread Pattern Detector (Free and Light version).

Below is the landing page for Excessive Momentum Indicator.

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

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

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

Here is the link to Volume Spread Pattern Indicator (Paid and Advanced Version).

https://www.mql5.com/en/market/product/32961

https://www.mql5.com/en/market/product/32960

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

Here is the link to Volume Spread Pattern Detector (Free and Light Version).

https://www.mql5.com/en/market/product/28438

https://www.mql5.com/en/market/product/28439

https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/

MetaTrader Price Breakout Pattern Scanner

We provide several Price Breakout Pattern Scanner with different features in MetaTrader 4 and MetaTrader 5 platform. This is the simple introduction for each price breakout pattern scanner. Breakout trading is one of the most popular trading strategy as with reversal (i.e. turning point) strategy in the swing trading community.

1. Price Breakout Pattern Scanner for MetaTrader 4 and MetaTrader 5

Price Breakout Pattern Scanner is the popular Breakout Pattern Scanner with affordable price with many powerful features. It can detect Triangle, Falling Wedge, Rising Wedge pattern, Head and Shoulder Pattern, Double top and Double Bottom. As a added bonus, you have access to 52 Japanese candlestick pattern + Smart Renko. However, this scanner can repaint. It does not support multiple timeframe pattern scanning.

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/

2. Advanced Price Pattern Scanner for MetaTrader 4 and MetaTrader 5

Advanced Price Pattern Scanner is our another popular breakout pattern scanner. It can detect Triangle, Falling Wedge, Rising Wedge pattern, Head and Shoulder Pattern, Double top and Double Bottom. In addition, it can detect cup and handle patterns. Advanced Price Pattern Scanner is non repainting. + It provides the multiple timeframe pattern scanning. Hence, you can consider this as more advanced version of Price Breakout 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/

3. Fractal Pattern Scanner for MetaTrader 4 and MetaTrader 5

Fractal Pattern Scanner is our next generation price breakout pattern scanner. Unlike previous two price breakout pattern scanner detect price patterns like triangle and wedge patterns, Fractal Pattern Scanner detect the price breakout pattern using Statistical method with Elliott Wave like concept (i.e. Mother Wave and Child Wave). Hence, there is a huge difference in the detection of breakout patterns in Fractal Pattern Scanner from rest. However, Fractal Pattern Scanner is the powerful breakout pattern scanner as it provides the reversal (i.e. turning point) trading opportunity as well as breakout trading signals. Fractal Pattern Scanner also support Multiple timeframe pattern scanning with fully automated breakout signal generations.

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/

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/

Harmonic Pattern Signal for Forex Market – Free

We provide the free Harmonic Pattern Signal for Forex Market. This short article will provide the some guide on how to use these Free Harmonic Pattern Signals for your winning trading. First of all, anyone can access the free Harmonic Pattern Signal from the link below.

Click Here to Access Free Harmonic Pattern Signal for Forex Market

or Use the Link below to Access Free Harmonic Pattern Signals for Forex Market

https://algotrading-investment.com/Operation/DataFolder1/Temp/HarmonicPatternSignal0.html

In the trading signal page above, you will find a signal table with columns. Each column contains the information that you can construct the trading signal in your Chart.

Column 1: Symbol Name
Column 2: Full Symbol Name
Column 3: Timeframe of chart
Column 4: Harmonic Pattern Name
Column 5: Trading Direction showed by the Pattern
Column 6: Pattern Size measured in number of candle bars. It was counted from Point X to Point D
Column 7: Pattern Age is the count of candle bars to Point D from the latest candle in your chart
Column 8: Price at Point D, which is the last point in the Harmonic Pattern Structure of XABCD
Column 9: Date at Point D, which is the last point in the Harmonic Pattern Structure of XABCD
Column 10: Status indicates if the pattern is completed or is not completed yet.
To use this trading signal, you need to mark up the location of the Harmonic Pattern in your chart. You can do this in any trading platform including MetaTrader, Trading View, Ninja Trader and so on. Follow the two steps below:

Open the Chart with the same timeframe shown in the table
Mark up the pattern location using Price at Point D and Date at Point D
That is it. Once you marked up the location of the Harmonic Pattern, you will find the pattern age automatically. If you want to add bit more information, then you can also mark up the location of the pattern starting point using Pattern Size. To help you with the marking up, we have attached the Screenshot on the bottom. In the screenshot, we used the AB=CD pattern at EURCHF H1 timeframe as an example.

If the pattern age is big like 30 or 50, then it is aged pattern. If the pattern age is small like 1 or 2, then it is a fresh new pattern. While you are using these free trading signals, you need picking up the pattern with the right pattern age for the successful trading. Therefore, to confirm your final trading decision, you might add some other secondary confirmation with our Harmonic Pattern Signals. Depending on your level of trading experience, you can utilize various secondary confirmation from simple oscillator like RSI or CCI to advanced one like Elliott Wave Theory or Pairs Trading.

For your information, when the pattern status is shown as incomplete, the Price at Point D can move sometimes. This is known as the repainting among the trading community. However, if the pattern status is shown as completed, then the Price at Point D is fixed and they will no longer change.

If you want to understand the Harmonic Pattern Trading in details, you can visit our Trading Education page below. There are many good articles helping you to improve your trading performance.

https://algotrading-investment.com/2019/07/23/trading-education/

If you want to access more rich information for your trading signal, then you can also buy the Harmonic Pattern Plus or X3 Chart Pattern Scanner available in MetaTrader 4 and MetaTrader 5. In Harmonic Pattern Plus, you can access many additional features on top of the harmonic pattern trading signals. For example, you can also access Advanced Channel and around 52 Japanese candlestick pattern. It will also draw the Pattern Completion Interval automatically in your chart helping you to set your stop loss and take profit targets. It is a repainting indicator but it comes at the affordable price.

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/

If you need more advanced one than Harmonic Pattern Plus, then you can use our X3 Chart Pattern Scanner. X3 Chart Pattern Scanner is the non repainting and non lagging Harmonic Pattern and Elliott Wave Pattern Scanner with multiple of advanced features. You can even customize the patterns you want to detect by changing their pattern structure.

Below are the Links to X3 Chart 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/

If you need even more advanced feature for your trading signal than X3 Chart Pattern Scanner, then we will recommend using Optimum Chart, which is our Standalone Charting and Analytical Platform. It is geared up to generate high quality trading signal in fully automated manner. At the same time, it provides extremely simple user interface. If you are curious on what is offered in the Optimum Chart, then you can visit the link below.

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

At the same time, if you are looking for free MetaTrader tools, then do not forget to visit our Free MetaTrader Product section here.

https://algotrading-investment.com/free-download/

or

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

Providing Free Trading Signals require noticeable amount of time and efforts. We provide all these Trading Signals, Trading Education and Free MetaTrader products for absolutely free of charge. Make sure to leave some good and positive reviews on our Free products, Paid Products and our Books on the internet. Please share this Free Harmonic Pattern Trading Signals with your friends and colleagues on SNS. So we can return more to people.

Volatility Indicator List for Day Trading

Volatility indicator can help you to detect any statistical advantage for your trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend to use the Volatility indicator together with your strategy. We provide the advanced volatility indicators for MetaTrader 4 and MetaTrader 5 platform.

Fibonacci Volatility Indicator

Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator too.

https://www.mql5.com/en/market/product/52671

https://www.mql5.com/en/market/product/52670

https://algotrading-investment.com/portfolio-item/fibonacci-volatility-indicator/

Harmonic Volatility Indicator

Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator.

https://www.mql5.com/en/market/product/29008

https://www.mql5.com/en/market/product/29004

https://algotrading-investment.com/portfolio-item/harmonic-volatility-indicator/

Double Harmonic Volatility Indicator

This is the cheapest Volatility indicator. This indicator is specialized in the Movable Volatility indicator mostly. Hence, if you only need the Movable Volatility indicator and you want to have more cost effective tool, then use this. However, if you want to have more choice in the Volatility visualization, then use either Harmonic Volatility indicator or Fibonacci Volatility indicator.

https://www.mql5.com/en/market/product/23779

https://www.mql5.com/en/market/product/23769

https://algotrading-investment.com/portfolio-item/double-harmonic-volatility-indicator/

GARCH improved Nelder Mead – Free indicator

This is free Volatility indicator that implements the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods with Nelder Mead algorithm. This is bit of experimental indicator to realize the GARCH (1,1) model. Hence, we provide this indicator for free. It would be interesting to see how this Volatility indicator works for your trading.

https://www.mql5.com/en/market/product/6918

https://www.mql5.com/en/market/product/6910

https://algotrading-investment.com/portfolio-item/garch-improved-nelder-mead/

Price Breakout Pattern Scanner and Smart Renko

Our Price breakout pattern scanner is very unique tool in the market because it have built in feature for Smart Renko inside. There is reason for that. Smart Renko is really helpful for any pattern detection in the separate window. So they will reinforce your trading decision. Imagine that in the candlestick chart, Price Breakout Pattern Scanner is automatically detecting the patterns for you. In the indicator window, you can also detect any other important patterns readily. If you can collect evidence for your trading from both candlestick chart and renko chart, you can make very powerful trading decision.

Let us show how to switch on and off the Smart Renko chart from your price breakout pattern Scanner. Before you are using Smart Renko feature enabled, you might download sufficient history in your chart first. Once you have done it, set Use “Smart Renko = true” from your indicator setting. See the screenshots for your better understanding. Some of our customer know that there is great way of trading with Price breakout pattern scanner and our Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner or Profitable Pattern Scanner).

Here are the links for the 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/

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

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/

Special Discount Offer for Happy Christmas and COVID19 Vaccine

The Festive Season is a time for celebration, enjoyment, and goodwill, especially at the Christmas. However, Christmas is bound to look very different this year. Lockdown is likely in place for the most of the countries. Although we may feel less in this Christmas, it might be necessary to minimize the risk of Corona Virus. However, there is a good news too. The Corona Virus Vaccine is on its way. We hope that the Vaccine is accessible to everyone soon.

Just to release some of your burden in this Christmas, we will provide the 50 dollar direct discounts on the following MetaTrader 4 and MetaTrader 5 products on mql5.com.

Ace Supply Demand Zone indicator (150 to 100 dollar)
Advanced Price Pattern Scanner (230 to 180 dollar)
Elliott Wave Trend (250 to 200 dollar)
Price Breakout Pattern Scanner (150 to 100 dollar)
Harmonic Pattern Scenario Planner (150 to 100 dollar)
X3 Chart Pattern Scanner (358 to 280 dollar)
Excessive Momentum Indicator (250 to 200 dollar)
The discount is available from 2 December 2020. Please get these MetaTrader 4 and MetaTrader 5 products on the reduced price while the price lasts. Finally, stay safe and happy. For your information, above price does not include 20% VAT. The discounted MetaTrader products are available from the link below:

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

https://www.algotrading-investment.com/

Volume Spread Analysis Indicator List

We provide three different Volume Spread Analysis indicators and volume based tools. Our volume spread analysis tools are the hybrid of volume spread analysis and signal processing theory.

These tools will help you to complete your trading decision with high precision. As long as you understand the concept of the Accumulation and Distribution area in the volume spread analysis, these tools will help you to predict the presence of Accumulation and Distribution area. Hence, you can predict the best trading opportunity.

Firstly, Volume Spread Pattern Indicator is the powerful volume spread analysis indicator that operated across multiple timeframe. Volume Spread Pattern Indicator will not only provide the bearish and bullish volume spread pattern in the current time frame but also it will detect the same patterns across all timeframe. You just need to open one chart and you will be notified bullish and bearish patterns in all timeframe in real time.

Here is the link to Volume Spread Pattern Indicator.

https://www.mql5.com/en/market/product/32961

https://www.mql5.com/en/market/product/32960

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

Secondly, Volume Spread Pattern Detector is the light version of Volume Spread Pattern Indicator above. This is free tool with some limited features. However, Volume Spread Pattern Detector is used by thousands of traders. Especially, it works great with the support and resistance to confirm the turning point. This is free tool. Just grab one.

https://www.mql5.com/en/market/product/28438

https://www.mql5.com/en/market/product/28439

https://algotrading-investment.com/portfolio-item/volume-spread-pattern-detector/

Both Volume Spread Pattern Indicator and Volume Spread Pattern Detector works well with Excessive Momentum indicator as Excessive Momentum indicator helps to detect the potential Accumulation and Distribution area automatically. Hence, if you are using Excessive Momentum Indicator, then you must use one between Volume Spread Pattern Indicator or Volume Spread Pattern Detector.

Here is link to Excessive Momentum Indicator.

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

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

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

Thirdly, we provide the volume Zone Oscillator. This is another useful free tool that utilizes the volume information for your trading. You can use these tools for volume spread analysis, Harmonic Pattern, Elliott Wave Pattern, X3 Price Pattern further. This is free tool. Just grab one.

https://algotrading-investment.com/portfolio-item/volume-zone-oscillator/

Using Japanese Candlestick Patterns with Harmonic Pattern Plus

Harmonic Pattern Plus is the powerful harmonic pattern trading system with highly engineered functionality. Properly used, this tool can yield excellent trading results. One of the trading system built inside Harmonic Pattern Plus is Japanese candlestick patterns. Harmonic Pattern Plus can detect 52 different Japanese candlestick patterns. They are categorized under five categories including one, two, three, four and five candlestick patterns.

To use Japanese candlestick patterns, you have to enable the candlestick pattern from Harmonic Pattern Plus. See the attached screenshot for the purpose. Then you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish.

In addition, you can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected.

For your information, 52 Japanese candlestick features are available on Harmonic Pattern Scenario Planner. However, there are other powerful features area available on Harmonic Pattern Scenario Planner for the advanced harmonic trader like predicting future patterns.

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

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

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

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 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) X3 Chart Pattern Scanner

X3 Chart Pattern Scanner is not entirely Elliott wave tool but it has some Elliott Wave pattern features in it (it can detect Harmonic Patterns, Elliott Wave Patterns, X3 Patterns). Primarily, X3 Chart Pattern Scanner is specialized tools in detecting the Chart 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 X3 Chart 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/

Harmonic Pattern Detection Indicator MT4

Trading Indicator is the realization of particular theory or trading strategy or trading ideas for real world trading. There is always gap between theory (i.e. ideas or strategy) and practice. This is the same for Harmonic Pattern trading too.

Hence, 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”.

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 harmonic pattern detection indicator particularly for MetaTrader 4 platform. Below is the list:

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/4488

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/6240

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

3. X3 Chart Pattern Scanner (2019)

X3 Chart Pattern Scanner is next generation tools to detect profitable patterns in Forex market. With non repainting and non lagging algorithm, this tool can detect 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 detection 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/41993

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

Using Spread Chart from the Pairs Trading Station in MetaTrader

From Pairs Trading Station in MetaTrader version, you can access the Spread Chart, which is mathematically processed to show the distance between two financial instruments (or between two assets).

You can access the Spread Chart by clicking << button or >> button near the Spread button.

Here is the brief guide on how to interpret the Spread Chart. In this example, we use AUDUSD and XAUUSD as asset 1 and asset 2. The absolute magnitude of these two assets are compared in the normalized sense to compare apple to apple and pear to pear. Two cases exist including the positive spread and negative spread.

In positive spread, AUDUSD (i.e. asset 1) is greater than XAUUSD (i.e. asset 2). Higher the positive spread means that AUDUSD is much greater than XAUUSD in the normalized sense. If the positive spread is small, then the difference between AUDUSD and XAUUSD is also small.

In negative spread, AUDUSD (i.e. asset 2) is smaller than XAUUSD (i.e. asset 2). Higher the negative spread means that AUDUSD is much smaller than XAUUSD in the normalized sense. If the negative spread is small, then the difference between AUDUSD and XAUUSD is also small.

Further you can access more detailed trading operation with below Pairs Trading Manual.

https://algotrading-investment.com/2015/11/14/introduction-to-pair-trading-station_ati/

To help you understand the spread chart, we also attach the screenshot.

Pair Trading Station is very unique trading system based on Statistical Arbritage trading principle. Below is the direct link to Pair Trading Station for MetaTrader 4 and MetaTrader 5 platform:

https://algotrading-investment.com/portfolio-item/pair-trading-station/

https://www.mql5.com/en/market/product/3303

https://www.mql5.com/en/market/product/3304

So far, we have explained the functionality of Pairs Trading Station in MetaTrader version, covering both MetaTrader 4 and MetaTrader 5. In addition, we also provide the Pairs Trading Station in Optimum Chart too with more advanced features.

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