Mql5官网 Triangle Chameleon MT4 外汇EA

Triangle patterns are chart formations that signal a possible breakout in either direction. In the case of symmetrical triangles, the probability of a breakout to the upside or downside is about 50%. For more detailed information, I recommend the numerous publications on the Internet on this subject.

What is special about this indicator is that it can be integrated into your own MT4 applications, such as scripts, Expert Advisers, etc. using the implemented indicator buffer via the iCustom() function. With this it is possible to optimize the determination of points p3 and p4 for each trading instrument and timeframe. This eliminates the need for tedious manual trial and error to determine the correct values. A simple Expert Adviser as an example and for optimization is available free of charge.

MT5 version available here: https://www.mql5.com/en/market/product/81345

Other functions/features:

• Maximum opening distance of the first two points (p1-p2)
• Minimum opening distance of the last two points (p3-p4)
• Determination of the four points by fractals
• Determination of points three and four using variations in the area of ​​Fibonacci levels 23.8 and 38.2
• Display of Fibonacci levels 23.8/38.2/61.8/76.2 in triangle
• Optional display of Fibonacci level 161.8 in the triangle
• Acoustic signal when a new pattern appears
• Alert interval selectable by timeframes
• Display of the last pattern/all patterns switchable
• Optional switchable onscreen panel for convenient operation of the most important functions:

M  = Panel on/off
FI  = Show/hide Fibonacci-Levels
FX = Show/hide Extended Fibonacci-Levels
AC = Alarm if new Pattern on/off
LP = Show last/all Patterns 

See demo here: https://www.youtube.com/watch?v=Lz_9L3FXR2U

Comment on the screenshots:

The backtest shown below covers a period from January 2020 to May 2022 for EURUSD and is only to be understood as an example of the efficiency of symmetric triangles. Results can vary significantly depending on broker and account type. When developing an optimally profitable trading system, other indicators should be included!