Chart Pattern Scanner For MT4 MT5

MultiTimeframe MultiPair OneChart Solution for Chart and fibonacci patterns

LorentzoR
3 min readJun 26, 2020

Features:

  • 25 Chart and Fibonacci Patterns
  • Non Repainting Block Optics Algorithm (ZZ is not utilized)
  • Trading
  • Notifying
  • Live Monitoring
  • 3 Profit Targets
  • Rsi Filtering
  • Macd Filtering
  • Support/Resistance Filtering
  • Stochastic Filtering
  • Bollinger Bands Filtering
  • Immediate Discovery
  • Trailing (simple for each stop level)
  • ECN Ready
  • Easy to adjust
  • 3 Stops (SL,TP) Modes
  • Open With Template

This EA cannot be tested in the strategy tester due to its multicurrency and multitimeframe nature

Input Parameters

  • Initial Scan Bars : The amount of bars the EA will initiate scans ,starting from the current timeframe position into past price action
  • Stops Handling : Leave to Normal or change to ECN if you have an ECN account
  • Auto Trading : Enable or Disable pattern trading .It can also be changed later on from within the Chart without restarting the EA
  • Risk Per Trade : The percentage of the free margin that will be used to open a new trade
  • Trailing : Enable Or Disable Trailing .Trailing will use all 3 TP levels. When TP1 is reached the StopLoss will be moved to the open price and so on
  • TP1 Lot Close : The percentage of the order open lots that is going to be closed partially when Take Profit 1 is reached (To close the trade at TP1 set this at 100% and the rest at 0%)
  • TP2 Lot Close : The percentage of the order open lots that is going to be closed partially when Take Profit 2 is reached (To close the trade at TP2 set this at 100% and the rest at 0%)
  • TP3 Lot Close : The percentage of the order open lots that is going to be closed partially when Take Profit 3 is reached (To close the trade at TP3 set this at 100% and the rest at 0%)
  • Patterns Magic Number : The identifier used by the EA on Trades placed
  • Notifications : Enable or Disable Notifications (based on the following settings) It can also be changed from within the chart without restarting the EA
  • Use alerts : Enable or Disable Terminal Alerts
  • Use Mails : Enable or Disable eMails from Voenix
  • Use Push : Enable or Disable smartphone alerts from Voenix
  • Color Settings : Change colors for the drawing of patterns when they are viewed on a separate chart

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