Recruitment of participants Price Breakout Pattern Scanner MT5

Price Breakout Pattern Scanner MT5

Price Breakout pattern Scanner is the automatic scanner for traders and investors. It can detects following patterns automatically from your chart.

• Head and Shoulder - Common tradable pattern.
• Reverse Head and Shoulder - This pattern is the reverse formation of the Head and Shoulder.
• Double Top - When the price hits resistance level twice and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level.
• Double Bottom - The double bottom pattern is the reverse shape of the Double Top.
• Triple Top - When the price hits resistance level three times and decline toward the support level, the trader can anticipate sudden bearish breakout through the support level.
• Triple Bottom - The triple top pattern is the reverse pattern of the triple top.
• Triangle - Several different types of triangle pattern include symmetric Triangle, Ascending Triangle and Descending Triangle.
• Rising wedge - This pattern is similar to triangle. However, their angle is stiffer than standard triangle.
• Falling wedge -This pattern has similar look to triangle too. However, their angle is stiffer than standard triangle.
• 52 Candlestick patterns – the Price Breakout Pattern Scanner can detect 52 different bearish and bullish candlestick patterns include hanging man, shooting star, engulfing, doji, Harami, etc.

Beside this pattern detection, you can use full feature of Smart Renko Indicator, automatic round number detection and guided trading instruction feature.



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