Forex Day Pattern MT4 Indicator

Forex Day Pattern MT4 Indicator:

About the Forex Day Pattern MT4 Indicator

– Day Pattern – an indicator that helps to identify patterns of price changes for the development of trading algorithms and strategies.

For whom this tool?
– For developers of trading strategies and algorithms.
– Medium- and long-term traders. Time frames H1-W1.

Features of the indicator:
– There is a function of exporting indicator values to a file of the csv format.
– Using the information panel, you can conduct an express analysis of trading tool.
– The indicator is suitable for the research of any trading instruments.

How to use it?
– Recommended time frame is H4.
– On the indicator chart we detect patterns. For example, false breakdown in the area of support and resistance.
– The “Export” button saves data in csv format. The files are in the folder ..\ MQL4\Files\Day_Pattern\
– Open the CSV file and perform additional calculations. To statistically prove your guess.
– Continue to identify patterns.

This product is written me for own use. So, if you have any questions or suggestions for something to improve write me.

Test results:

Forex Day Pattern MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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