Saturday, October 24, 2015

Price Breakout Pattern Scanner indicator for MetaTrader 4

Introduction to Price Breakout Pattern Scanner for Meta Trader 4

Most of traders in Forex market must be familiar with the name "Head and Shoulder", "Double Top", "Triple Top", "Symmetrical Triangle", etc. These are the common price patterns appearing in the price charts of Forex, Futures and Stock markets. When you spot these patterns in your chart, you can trade upon the price breakout. Many professional traders prefer these kind of price breakout strategy over technical indicators based strategy because the risk to rewards ratio is simply great. Also you exposure on the market is very short minimizing your holding risk.  You could probably name some good traders exclusively using these breakout patterns and those reached 6 figure account size from small starting balance.

The "Price Breakout Pattern Scanner" is designed to recognize these profitable breakout patterns from your chart. The main idea behind the "Price Breakout Pattern Scanner" is to automate the pattern recognizing process and help the traders to make faster and more accurate trading decision. It doesn't matter if you are beginner or professional traders. This Price Breakout Pattern Scanner can definitely add high value towards your successful trading.

Price Breakout Pattern Scanner

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1 comment:

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