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Market Prediction Indicator

Market Prediction Indicator

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John Raj
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48 views

Market Prediction Indicator

Market Prediction Indicator

Uploaded by

John Raj
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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4/13/24, 8:03 PM Market Prediction Indicator

Market Prediction
Fractal Pattern Scanner is a market prediction indicator to predict turning point and cycle, which can provide both breakout and
reversal trading opportunity. Firstly, you can use the Fractal Pattern Scanner as the pure probability machine to measure the turning
point probability. This turning point probability quantifies the price action at every wave in your chart. While you are using the Fractal
Pattern Scanner as the pure probability machine, you can access both reversal and breakout trading. You can look for the breakout
trading opportunity when the turning point probability is relative low whereas you can look for reversal trading opportunity when the
turning point probability is relative high. Secondly, you can ask the Fractal Pattern Scanner to detect the mother wave pattern. Mother
wave pattern detection can be considered as the statistical representation of the Elliott Wave Theory. For example, Mother wave
pattern detect the pattern inside pattern structure, where small patterns are jagged inside big pattern like the Elliott Wave pattern. With
mother wave pattern, you can also perform both breakout and reversal trading.

Breakout Trading and Reversal Trading


Fractal Pattern Scanner can provide both breakout and reversal trading opportunity. Firstly, you can use the Fractal Pattern Scanner as
the pure probability machine to measure the turning point probability. This turning point probability quantifies the price action at every
wave in your chart. While you are using the Fractal Pattern Scanner as the pure probability machine, you can access both reversal and
breakout trading. You can look for the breakout trading opportunity when the turning point probability is relative low whereas you can
look for reversal trading opportunity when the turning point probability is relative high. Secondly, you can ask the Fractal Pattern
Scanner to detect the mother wave pattern. Mother wave pattern detection can be considered as the statistical representation of the
Elliott Wave Theory. For example, Mother wave pattern detect the pattern inside pattern structure, where small patterns are jagged
inside big pattern like the Elliott Wave pattern. With mother wave pattern, you can also perform both breakout and reversal trading.

Market Prediction Features


1. Provide the automatic turning point probability measurement in multiple cycles.

2. Provide breakout trading and reversal Trading with wave pattern detection.

3. Provide the Multiple Timeframe Panel for Turning Point Probability

4. Fibonacci Probability Graph helps to detect the accurate trading opportunity with support and resistance.

5. Automated Gann’s Angles (Gann’s Fan), the advanced Gann Angles tuned with probability (Bonus and optional feature only).

6. Automated Andrew’s Pitchfork (Bonus and optional feature only).

Trading Strategy Guide


As long as you understand where to search breakout trading and reversal trading opportunity, you can combine the Fractal Pattern
Scanner with any other technical analysis for reversal and breakout trading. Especially, you can use any horizontal support and
resistance with the turning point probability and trend probability. Altough it is possible to use Fractal Pattern Scanner with diagonal
support resistance as well as triangle pattern, rising wedge pattern and falling wedge patterns, we recommend to start with the
horizontal support resistance. Simply, it is easy to start with horizontal support resistance. For example, you can use any horizontal
support resistance with Fractal Pattern Scanner.

horizontal support resistance


supply demand analysis
fibonacci analysis
pivot point analysis
round number
and so on

With some hands on experience, you will soon learn how to control your success rate and to do risk management with the turning
point probability. In another words, you are transforming your trading into the quantiative trading like the expert does.

Trading Strategy Guide: https://www.mql5.com/en/blogs/post/747690

Buit-in Breakout Trading System


From above trading strategy guide, we have provided the ways to improve the accuracy of the support and resistance analysis with the
Fractal Pattern Scanner. However, Fractal Pattern Scanner provides its own breakout trading signal too. It does it by detecting the
mother wave and child waves. Especially, we provide this signal across multiple timeframe. Hence, you need to have one Fractal Pattern
Scanner for each symbol. Therefor there are multple ways to use the Fractal Pattern Scanner for your trading.

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4/13/24, 8:03 PM Market Prediction Indicator

Important Note
This is the off the shelf product. Therefore, we do not accept any modification or customization request on this product. In addition, we
do not provide any code library or any support for your coding for this product.

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