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Custom Pattern Detector Indicator

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Fadeel99

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Quote from: Admin on June 13, 2018, 12:29:51 AM
The 'Custom Pattern Detector Indicator' lets you define your own custom pattern instead of other common candlestick patterns which everyone knows about like the Doji pattern. Once the indicator knows the pattern you want it to look for then it will go through past and future bars on the chart, make them visible to you, and gather statistics. These statistics include the percentage of bullish and bearish candles that immediately followed the pattern. So the user will have a statistical advantage in knowing what type the next candle will be and can trade accordingly.


Complete information about the Custom Pattern Detector Indicator can be found HERE


Feel free to post your comments, questions, concerns, and bug reports in this forum section.
A very good indicator to try, then with this indicator, how much risk and reward ratio do you accept? and what are the drawbacks of this indicator?
#16 - February 09, 2019, 01:51:54 PM

Purple

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is it free? ? How do I download this indicator ... ?? But articles that are very helpful I really like your article. good luck
#17 - February 11, 2019, 02:15:01 AM

Ekki khadapi

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'Custom Pattern Detector' indicators sometimes miss the mark, it would be nice if the Detector Pattern Custom Indicator is accompanied by the latest news from the world



#18 - February 11, 2019, 03:54:02 AM

ageseko

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Quote from: effchats7 on February 09, 2019, 01:51:54 PM
A very good indicator to try, then with this indicator, how much risk and reward ratio do you accept? and what are the drawbacks of this indicator?
no matter how good the indicators are used, you still have to take into account the risks that will arise due to future price movements we never know what will happen next
#19 - February 11, 2019, 07:48:40 AM

sri_yuliati

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an this indicator be used at various brokers? or only certain brokers?
#20 - February 11, 2019, 02:38:29 PM

harizona

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sir, admin, this indicator is just accurate in certain waters, or all pairs can
#21 - February 11, 2019, 04:42:07 PM

Mohamad Fatkhurozi

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Channel Pattern Detector MetaTrader indicator — detects channels according to trader's preferences and marks them on the chart. It does so by finding 3-point lines based on bars' highs and lows, then filtering out the non-paired lines and leaving only those pairs of lines, which are parallel to each other. The channels can then be used for range or breakout trading according to the trader's strategy. The indicator is able to detect ascending, descending and horizontal channels. It can work with narrow and wide, short and long channels. Traders can control sensitivity of detection via input parameters. This indicator can issue alerts (sound, visual and email) when a new channel is spotted. The indicator is available for both MT4 and MT5
#22 - February 12, 2019, 02:50:57 AM

ageseko

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Quote from: Mohamad Fatkhurozi on February 12, 2019, 02:50:57 AM
Channel Pattern Detector MetaTrader indicator — detects channels according to trader's preferences and marks them on the chart. It does so by finding 3-point lines based on bars' highs and lows, then filtering out the non-paired lines and leaving only those pairs of lines, which are parallel to each other. The channels can then be used for range or breakout trading according to the trader's strategy. The indicator is able to detect ascending, descending and horizontal channels. It can work with narrow and wide, short and long channels. Traders can control sensitivity of detection via input parameters. This indicator can issue alerts (sound, visual and email) when a new channel is spotted. The indicator is available for both MT4 and MT5
very good if there are indicators that can make channel lines automatically because I often learn to try to make a channel line but the results are just not good at the point specified
#23 - February 13, 2019, 03:40:59 AM

Fadeel99

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Quote from: Admin on June 13, 2018, 12:29:51 AM
The 'Custom Pattern Detector Indicator' lets you define your own custom pattern instead of other common candlestick patterns which everyone knows about like the Doji pattern. Once the indicator knows the pattern you want it to look for then it will go through past and future bars on the chart, make them visible to you, and gather statistics. These statistics include the percentage of bullish and bearish candles that immediately followed the pattern. So the user will have a statistical advantage in knowing what type the next candle will be and can trade accordingly.


Complete information about the Custom Pattern Detector Indicator can be found HERE


Feel free to post your comments, questions, concerns, and bug reports in this forum section.
Means we are naked chart, sir? or just trading using a candlestick, for this, how much accuracy have you tested?
#24 - February 13, 2019, 08:36:03 AM

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Quote from: Neo182 on February 09, 2019, 01:21:33 PM
How to download this indicator....??  But that articles that are very helpful I really like your article and I hope that is it
This is a paid indicator. You would receive the indicator later by email.
#25 - February 13, 2019, 02:49:28 PM

Custom Pattern Detector Indicator in MT4 / MT5 Indicators_topic=585

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Quote from: effchats7 on February 09, 2019, 01:51:54 PM
A very good indicator to try, then with this indicator, how much risk and reward ratio do you accept? and what are the drawbacks of this indicator?
This indicator is simply a tool to help traders predict the direction of the next candle. You would need to determine your own risk/reward ratio and trade with it however you want.
#26 - February 13, 2019, 02:50:54 PM

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Quote from: Mohamad Fatkhurozi on February 12, 2019, 02:50:57 AM
Channel Pattern Detector MetaTrader indicator — detects channels according to trader's preferences and marks them on the chart. 
This topic is not about a channel indicator. It is specifically about the Custom Pattern Detector Indicator. If you want to talk about a channel indicator, you post about it in another topic.
#27 - February 13, 2019, 02:53:18 PM

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Quote from: harizona on February 11, 2019, 04:42:07 PM
sir, admin, this indicator is just accurate in certain waters, or all pairs can
The indicator works on all pairs the same. It will work on any standard MT4 chart.
#28 - February 13, 2019, 02:55:55 PM

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Quote from: sri_yuliati on February 11, 2019, 02:38:29 PM
an this indicator be used at various brokers? or only certain brokers?
Yes, you can use it on any MT4 broker.
#29 - February 13, 2019, 02:56:25 PM

Fadeel99

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Quote from: Admin on February 13, 2019, 02:50:54 PM
This indicator is simply a tool to help traders predict the direction of the next candle. You would need to determine your own risk/reward ratio and trade with it however you want.
Okay sir, indeed all indicators are only tools for us to make it easier to analyze in a market, all depends on us processing a risk and profit properly and correctly, I will try this, and review again here
#30 - February 14, 2019, 12:58:57 AM
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