Custom_Pattern - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator searches for custom patterns specified in the settings and displays them on the chart. Mode must be set to text code where:
Patterns can only be specified using the characters U , D and N or u , d and n .
This indicator can display the specified pattern as well as the mirrored (reverse) pattern.
It has two parameters:
Figure 1 Pattern "UND" (Bull Market - Any Bear Market).
Figure 2 Pattern "UUD" (Bull Market-Bull Market-Bear Market).
Figure 3 Pattern "UUD" (Bull-Bull-Bear), with the display of reverse patterns enabled.
Attachment download
📎 custom_pattern.mq5 (12.18 KB)
Source: MQL5 #20058
Custom_Pattern - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
Custom_Pattern - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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