Search patterns – indicator for MetaTrader 4

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • The indicator searches for the patterns, displays the end of the D and C points on the screen.

    Input Parameters:

    extern bool FuturePattern =false; /* true - searches for the patterns, i.e. you can try to play on the moving
    before the end of the pattern, for the "advanced" pattern users 😉 */
    extern bool ExtSave=false; /* if true, then the drawings will be saved on the chart */
    extern int ExtDepth=0; /* parameter for ZZ,if 0, then the search for the patterns will be performed, otherwise the pattern (if there is)
    with the specified Depth parameter will be drawn */
    extern int ExtPoint=5; /* the number of zigzag points, if you specify more than 5, then the patterns will be displayed on the history */
    extern int minDepth=3; /* parameter for pattern searching */
    extern int maxDepth=50;/* parameter for pattern searching */
    extern double ExtDopusk=0.05; /* the parameters of the pattern will differ from each other not more than by the ExtDopusk value */
    extern double TimeDopusk=0.2; /* the parameters of the pattern by the time will differ from each other not more than by the ExtDopusk value */
    extern bool Gartley=true; /* true - searches for Gartley patterns, false - doesn't */
    extern bool Pattern_50=true; /* true - searches for 5-0 pattern, false - doesn't */
    extern bool ABCD=true; /* true - searches for AB=CD pattern, false - doesn't */
    extern bool WolfWaves=false; /* true - searches for WW pattern, false - doesn't */
    extern bool SweetZoneStart=true; /* true - shows the SweetZone of the WW processing beginning the 5 point should be within, false - doesn't */
    extern bool SweetZoneEnd=true; /* true - shows the SweetZone of the WW the 6 point should be within, false - doesn't */
    extern color SZScolor=Blue; /* color for the SweetZoneStart */
    extern color SZEcolor=DarkGreen; /* color for the SweetZoneEnd */
    extern color ExtColorGartley=MidnightBlue; /* color for the Gartley patterns */
    extern color ExtColorRet=Lime; /* color of the retracements line */

    Search patterns

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  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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