Forex

Fibonacci Patterns Scout MT5


The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also known as Harmonic Patterns,
and displays the results within a clear table.
Clicking on a Pair-Time Frame mix will open the relevant chart and displays the
pattern(s) which you then can exchange manually.

Unlike similar applications, the WSFP SCOUT will detect Patterns in their very early phase.
the moment a
patterns’ C-point has formed it will detect and screen this Emerging Pattern.
such an early warning is priceless
since it gives you plenty of time to prepare yourself for the transaction.
You might even trade towards the D-point.

The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also known as Harmonic Patterns,
and displays the results within a clear table.
Clicking on a Pair-Time Frame mix will open the relevant chart and displays the
pattern(s) which you then can exchange manually.

Unlike similar applications, the WSFP SCOUT will detect Patterns in their very early phase.
the moment a
patterns’ C-point has formed it will detect and screen this Emerging Pattern.
such an early warning is priceless
since it gives you plenty of time to prepare yourself for the transaction.
You might even trade towards the D-point.

Read More…
The WaltSoft Fibonacci Patterns SCOUT distinguishes itself from similar and often more expensive tools by its accuracy,
speed, clarity and ease of use
!
The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28
Instruments
and up to 9 Time Frames at once!
It refreshes every second!
For each pattern, the SCOUT searches from ‘big’ to ‘small’ and will stop searching as soon as it finds a pattern and moves on to the next
pattern.
The ‘size-range’ of the patterns is chosen in such a manner that it may produce the same pattern on the adjacent Time Frames so that you can
choose on which Time Frame you want to trade the pattern.
Each pattern is further subdivided in 3 different Pattern Stages:
• Stage 1: the C-point of the pattern has just formed and price has not passed the B-point yet.
• Stage 2: the C-point of the pattern has formed and price passed the B-point, so we are close to a completed pattern.
• Completed: the D-point has formed and we have a full pattern.
When the Scout finds a new pattern, a pattern changed its status or a pattern is no longer there then it will be displayed in the Patterns Change
List Panel, along with the time elapsed since the new entry.

From this Panel you can also enable or disable the alerts.



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