Description

Graphic Patterns scanner recognizes ten patterns on the chart, the scanner detects patterns in formation and also completed ones, on six different timeframes, and notify any preferred patterns for any preferred markets in Realtime.

This Scanner meets every need in your daily trading.

While trading on your favorite market, you can detect patterns on higher timeframes as well. With the ProRealTime alert application, you can configure other markets and timeframes and be notified if a certain pattern occurs on a certain market and timeframe. You can configure as many alarms as you want and multiply your opportunities in your daily trading.

•  Detect the patterns being formed
•  Detect the completed patterns
•  Detect the patterns on multiple time frames simultaneously
•  Customized alarm configuration:
  •  Select the market
  •  Select the timeframe
  •  Select the pattern
  •  Select the completed pattern
  •  Select the direction of the pattern

With “Graphic patterns scanner”  you can see in which time frame the pattern is occurring, the breakout level and if there was a breakout of the fallowing patterns:

• Cup with Handle
• Double Top – Bottom
• Triple Top – Bottom
• Head and Shoulders
• 123 Swing
• Wolfe Waves
• ABCD
• Quasimodo
• 2B pattern
• Gartley

Time frames availables :

• 1 minute
• 5 minutes
• 15 minutes
• 30 minutes
• 1 hour
• 4 hours
• 1 day

Scanner Details

Indicator and Scanner

The current chart shows the patterns detected by the indicator, the dashboard lets you know which patterns have been detected in the higher time frames. The dashboard is automatically updates at each tick.

In prorealtime, the multi time frame function provides that only the upper time frames can be displayed, since the data of the higher time frames are not available.

To obtain the data of the higher timeframes it is necessary to load on the chart a number of historical bars at least equal to the number of bars necessary to contain the data of the candlesticks of the higher timeframes.

This is technically mandatory to obtain the required data to give signals by codes. Without these datas, no signals, so please follow the above instructions. 

Alarm

You can use alarms to detect patterns occurring simultaneously in other markets.

You can create an alarm for each market by selecting the type of pattern and the timeframe.

For example you can be advise if:

• Double bottom before break out
• on the Nasdaq market
• for the daily timeframe

You can set infinite alarm:

Scanner Interface

The interface has the same commands as the indicator interface, and allows you to enter the same indicator settings to keep the same setting.

1. Depth: Value of the period, between a new maximum and a new minimum. This variable affects the size of the Pattern
2. Deviation : It is the maximum of points to discard a new extremum. This variable affects the size of the Pattern.
3. Backstep : is the maximum of bars to discard a new extremum and replace it, if a new one is found.
4. Accuracy: It makes it possible to establish the alignment to the theoretical  retracement value of the pattern. You can observe a wide variety of patterns without discarding any possibility, or you can have an opportunity to have filtered too severely. The 80% is the default threshold, but it is up to you to configure this parameter according to your own style!
5. OblHandle. Enable oblique segment for Cup & Hande BreakOut
6. Lag: Number of bars to stretch the signal
7. Opa: To set up opacity
8. Yset: Move the indicator on the Y axis, (up / down)
9. Xset: Move the indicator on the X axis, (left/ right)
10. Zoom: To set up Zoom (Set up dimensions)
11. White: The rows of the table become white, it is used when the background of the chart has dark colors.

HOW TO ADD INDICATOR ON PRICE CHART:

HOW TO SET SCALE OF PRICECHART:

Dashboard function map

In summary all the potential of the scanner:

ADVANTAGES OF THE PACKAGE

Graphic patterns indicator:   Detect 10 classic patterns and plot them on the graph.

Graphic Patterns Screener:   ProsSreener find pattern signal in your prefered markets and timeframes.

Graphic Patterns Scanner:    Detect 10 classic pattern in all time frame simultaneously.

• If you have already bought one of these indicators, ask for the discount in compensation
• LIFETIME LICENSE