Business & Investment

Chart Pattern Detection in Multiple Time Frames-Trading System-July 21, 2021

The X3 Chart Pattern Scanner comes with the ability to detect patterns in different time frames. This feature is useful because you can scan potential buy and sell signals from only one chart. Here’s how to do that on the chart. Just go to the input settings. Then set “Use multiple time frame pattern detection” = true. Check the screenshot for instructions.

Of course, pattern detection in multiple time frames forces MetaTrader to calculate 6-9 times heavier. Therefore, this will increase CPU and memory. Before using this multiple time frame feature, understand the trade-offs between heavy computation and CPU and memory. This is fine if your computer has a powerful CPU and more RAM.

Link to X3 Chart Pattern Scanner

https://www.mql5.com/en/market/product/41993

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Chart Pattern Detection in Multiple Time Frames-Trading System-July 21, 2021

https://www.mql5.com/en/blogs/post/744908?utm_campaign=RSS&utm_medium=display&utm_source=MQL5+EN+Blog Chart Pattern Detection in Multiple Time Frames-Trading System-July 21, 2021

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