Simple Forex Tools
At each confirmed pivot, the script evaluates the candle and its neighbors for a match from a built-in library of 14 classical reversal patterns:
Each pattern is detected using precise criteria based on body size, wick ratios, and relative position to previous candles.
π§ How to Interpret It in Live Markets
This indicator provides context, not confirmation. Use it to:
β’ Validate your manual swing structure tracking with automatic HH/LL labels
β’ Identify when a key candle pattern forms at a major swing (e.g., Shooting Star at a HH)
β’ Spot potential reversal zones or breakout failures
β’ Add confluence to Smart Money Concepts, price action setups, or other technical strategies
Example:
β’ A new LL forms with a Hammer β Potential reversal from bearish exhaustion
β’ A HH forms with a Shooting Star β Possible trap or overextension
βΈ»
π§ͺ Use Case Ideas
β’ π Reversal Confirmation β Combine swing structure with pattern match for early reversal entries
β’ π§ Structure Validation β Let the HH/LL labels validate your trend bias
β’ π Exhaustion Signals β Watch for Doji/Spinning Top patterns at mature moves
β’ β οΈ Avoid Choppy Conditions β Use absence of patterns to avoid entering low-conviction zones
This tool works across all asset classes: crypto, forex, stocks, indices, and even futures.
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Simple Forex Tools
Indicator_EdgeXplorer_β_Smart_Candle_Patterns_&_Swings_for_TradingView.rar
4.1 MB
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The expert uses a small stop loss, which means the account is always protected from drawdowns, and the risk per trade is very low.
The expert is fully adapted: it takes into account the spread - for pending orders, stop-loss, trailing-stop, breakeven.
Backtesting and optimization were performed on real ticks with a history quality of 99.9%. The advisor successfully passed stress testing.
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Simple Forex Tools
Ultimatum Breakout MT4.rar
172.6 KB
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Crypto Amazing Analysis 2.6.0.mq4
52.2 KB
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Shved_Supply_And_Demand.mq5
2.4 KB
for those who asked eas with source codes
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Simple Forex Tools
Indicator_Point_and_Figure_PnF_Bollinger_Bands_for_TradingView.rar
4.1 MB
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VWAP The Insider's Guide To Trading.pdf
6.6 MB
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It uses a sophisticated system that relies on hedge to make sure that your account grows nicely.
It trades an impressive number of 10 forex pairs to provide diversification to your account porfolio.
The EA can be backtested but the results will not be accurate. The main strategy of the EA relies on scanning each forex pair and avoid trading the ones that are not profitable over a long period of time. When the market is favorable again, it will enable these pairs back. This specific feature cannot be backtested.
Balance: $3,000 if you want to use all 10 forex pairs for optimal diversification.
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Simple Forex Tools
EA Top G MT4.rar
971.2 KB
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