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Hi there, I'm making a trading system and one of the confluences that I'll use it's the figure patterns, I'm looking for indicators that find figures, so what's your favorite one ?
Hi there, I'm making a trading system and one of the confluences that I'll use it's the figure patterns, I'm looking for indicators that find figures, so what's your favorite one ?
For detecting chart patterns in Forex, the "Pattern Recognition Indicator" is a great tool. It automatically identifies classic patterns like head and shoulders, triangles, and flags. Another option is the "Autochartist" plugin, which scans for patterns and provides statistical analysis. Both tools enhance pattern recognition in real-time.
For identifying figure patterns, I recommend using indicators like the “Pattern Recognition Indicator” or “AutoChartist,” which automatically detect common chart patterns like triangles, head and shoulders, and flags. These tools can enhance your analysis and help identify potential setups based on your strategy.
For identifying figure patterns, I recommend using indicators like the “Pattern Recognition Indicator” or “AutoChartist,” which automatically detect common chart patterns like triangles, head and shoulders, and flags. These tools can enhance your analysis and help identify potential setups based on your strategy.
Autochartist tool is a great software it is available for free in HFM, it greatly reduces work on identifying patterns, perfect solution for technical traders
I currently still use classic indicators that are available natively on the MT4 and Ticktrader platforms such as Bollinger Bands, and RSI. Previously I had tried various third-party indicators, but they did not provide satisfaction. Finally, I think it's simple in trading, no perfect indicators exist.
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