Technical Indicators for MetaTrader 5

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X3 Chart Pattern Scanner MT5

x3-chart-pattern-scanner-mt5-logo-200x200-2418
280.00 USD238.00 USD

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Information

Indicators
MetaTrader 5
Young Ho Seo
8.71
5

Overview

Introduction to X3 Chart Pattern Scanner

X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individual patterns according to your preferences. For example, if you only want to trade harmonic patterns, then just switch off all Elliott Wave and X3 patterns. Also, note that each pattern is customizable with RECF notation. Japanese candlestick patterns are kind of bonus package added in the indicator. Japanese candlestick patterns can be used as the secondary confirmation for harmonic patterns, Elliott wave and X3 patterns. You can also switch on and off Japanese Candlestick patterns.



Harmonic Pattern Category

Detectable Harmonic Patterns include Optimal AB=CD, Optimal Butterfly Pattern, Optimal Gartley Pattern, Optimal Bat Pattern, Optimal Alternate Bat Pattern, Optimal Shark Pattern, Optimal Crab Pattern, Optimal Deep Crab Pattern, Optimal Cypher Pattern, Optimal 5-0 Pattern and Optimal 3 Drives Pattern.


Elliott Wave Pattern Category

Detectable Elliott Wave patterns include Elliott Wave .1234 Pattern, Elliott Wave .12345 Pattern, Elliott Wave .12345AB Pattern and Elliot Wave .12345ABC Pattern. In addition, you can modify the structure of the Elliott Wave patterns as you wish.



X3 Chart Pattern Category

Detectable X3 Chart Pattern includes Star River Pattern, Trident Pattern, Horse Pattern, Eagle Pattern and Phoenix Pattern.



Japanese Candlestick Pattern Category

Detectable Japanese candlestick patterns include Engulfing, Piercing Line, Morning Star, Doji Star, Hammer, Harami and many more Japanese candlestick patterns also detetable.


Product Features

  • Non-repainting and non-lagging Harmonic pattern, Elliott Wave pattern and X3 Chart Pattern scanner
  • Pattern Completion Interval
  • Potential Reversal Zone
  • Potential Continuation Zone
  • Pattern Locking and Unlocking Feature
  • Interactive Stop Loss and Take Profit according to your Reward/Risk ratio
  • Historical Patterns
  • Can detect around 52 Japanese candlestick patterns
  • Multiple Timeframe Pattern Scanning for Harmonic pattern, Elliott Wave pattern, and X3 Pattern


Entry and Exit for Trading

This indicator provides three essential components to trade and manage the trading risk including pattern completion interval, potential reversal zone and potential continuation zone. Provided stop loss and take profit levels are movable and adjustable. Potential reversal zone can be used to identify the location of turning point. Potential continuation zone can be used to predict future price move after turning point detection. Pattern Completion Interval is the tactical place where you can set breakeven, or trail stop your profit or to open new entry according to the market condition.


Secondary confirmation

Any experienced trader will recommend using secondary confirmation together with X3 chart patterns. Depending on your skill, you can combine various secondary confirmation technique with X3 Chart Pattern Scanner.

  • Other technical indicators (i.e. RSI, CCI, MACD, etc)
  • Supply Demand Analysis
  • Fundamental analysis
  • Elliott Wave Analysis
  • Triangle pattern, rising wedge and falling wedge patterns



Trading Strategy Guide

Detailed trading strategy can be found from the link below. We highly recommend reading this guide before using this indicator.

https://www.mql5.com/en/blogs/post/747647
https://www.mql5.com/en/blogs/post/747668


Important Note

X3 Chart Pattern Scanner provides many good patterns. However, use the patterns you like only as each pattern in the scanner can be switched on and off. This indicator is testable in strategy tester up to 80% of its features. Please test it before purchasing. This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we do not provide any code library or any support for your coding for this product.


30 DAYS MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.

Refund requests received more than 30 days after purchase will be rejected.

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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