Fractal Pattern Scanner can draw the likelihood of a turning point in your chart as price approaches its height. You can quickly detect the future breakout and reversal zone using this turning point likelihood. MetaTrader 4 and MetaTrader 5 both have Fractal Pattern Scanner.
The trading guideline with Fibonacci Volatility Indicator is shown in this screenshot. The Harmonic Volatility Indicator and Double Harmonic Volatility Indicator may both be used with the same guide. The MetaTrader platform has these Volatility Metrics.
For improved trading performance, Harmonic Pattern Plus and Price Breakout Pattern Scanner can be used together. Young's Mutual Pattern Strategy is a good place to start. Within the Guide to Precision Harmonic Pattern Trading, you'll find it.
AUDUSD H1 Buy Pattern at 40 Candle Bars Ago. The formation is Completed. Check out Volume Spread Pattern Indicator for Volume Spread Analysis - MetaTrader.
Another common breakout pattern scanner is Advanced Price Pattern Scanner. Triangle, Falling Wedge, Rising Wedge, Head and Shoulder Pattern, Double Top and Double Bottom can all be detected. It can also recognize cup and handle patterns.
Price Breakout Pattern Scanner has a built-in feature that allows you to scan for Japanese candlestick patterns. Customers who purchase our Price Breakout Pattern Scanner will receive this as a bonus feature.
Harmonic Pattern Scenario Planner is a program that allows you to scan and check for possible harmonic patterns with a single button press. It's compatible with MetaTrader 4 and MetaTrader 5.
GBPCAD H1 Buy Pattern at 5 Candle Bars Ago. Screenshot attached for more details. Check out Price Breakout Pattern Scanner for Breakout Trading - MetaTrader.
If the harmonic pattern is fully developed, Harmonic Pattern Plus and Harmonic Pattern Scenario Planner will tell you. Depending on potential price behavior, the forming pattern will or may not repaint. This knowledge can be used to support your current trading position or exit strategy. Both MetaTrader 4 and MetaTrader 5 support the indicator.
The Excessive Momentum Indicator searches for excessive momentum in your trades. Furthermore, you can use Excessive Momentum Indicator to put Fibonacci Ratio Analysis to the most suitable position for your trading. Both MetaTrader 4 and MetaTrader 5 endorse the Excessive Momentum Indicator.