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This indicator works on 4 different patterns. Usable on all tools and all time frames. Above all suitable for intraday and chitting.

Pattern 1, 2 and Envelope are 3 different candles formations that occur at the ends of the volatility Envelope. Envelope’s volatility values are established by the user. The other pattern displays the ENGULFING at the limit of the Envelope.

They can be used together or individually and filters can be applied to all patterns.

This multipattern has been created for intraday trading but can also be safely used for Time Frame 1h, 4h and daily.

Once the user is installed, he will have to test on the instrument that wants to trade in order to optimize the parameters on the most congenial signals.

A second indicator to be inserted under the graph to obtain complete alarms the configuration.

You will get also license for each of the product(s) listed below when you purchase:
  • EV-Multipattern-Alarm

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Parameters configuration


Offset – control of the space between signal and candles

Offset2 – control of the space between signal and patterns candles. Useful in case the pattern1 and Patter2 is used simultaneously, so as not to have overlaps of signals

Pattern1 and Pattern2 – Selection of one of the patterns or both

Envelope – Selection of the Envelope pattern

Valueenvelope – defines the volatility value of Envelope. Depending on the tool used, it can be adjusted in order to have the best signals. Of default is selected at 2 atr.

Filter, Filter2 and Filter3 – Three different filters of the Envelope pattern.

Engulfing – Pattern Engulfing at the ends of the Envelope

EMAHL – This filter applies to Envelope a different calculation. In fact, the upper band of the Envelope is calculated on an EMA calculated on the maximum, while the lower band from a EMA calculated on the minimum. It can be applied to all patterns.

FILTERATR – This filter defines the signal only if ATR is greater than its above ema.

MINRANGECLE – This filter defines the minimum range of the signal candle.


This indicator is completed by another indicator to be inserted under the graph to activate an alarm. It can be configured with the same parameters as the EV-Multipattern-3.0 and inserting a horizontal line below 1 you can activate the alarm.


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  • Store Name: lenza
  • Vendor: lenza
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