Advanced Price Pattern Scanner Screenshot

Here's a screen shot of how Advanced Price Pattern Scanner can access each price pattern it detects. Rising Wedge, Falling Wedge, Double Top, Triple Top, Triangle, double bottom, triple bottom and so on. It is available for MetaTrader 4 and MetaTrader 5 platform.

Price Pattern Trading

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.

Rolling Ball Effect with Harmonic Pattern

If you want to trade harmonic patterns with Harmonic Pattern Plus and X3 Chart Pattern Scanner, you must consider the rolling ball effect for reversal trading. Understanding the rolling ball effect will help you save a lot of money while trading.

Defining Trading Entries and Stops

In 2014, one of the first automated Harmonic Pattern tools was announced is Harmonic Pattern Plus. It can detect well-defined trading entries and stops for common harmonic patterns. Furthermore, it recognizes Channels and 52 Japanese Candlestick Patterns.