Indicator

Introduction to Price Breakout Pattern Scanner

“Head and Shoulder”, “Reverse Head and Shoulder”, “Double Top”, “Triple Top”, “Symmetrical Triangle”, “falling wedge” and “rising wedge” are the common price patterns appearing in the price charts in Forex, Futures and Stock markets. When you spot these patterns in your chart, you might be able to predict the future price movement in your chart, if not, you can at least, anticipate if the price can breakout outside the pattern or bounce back within the pattern. Many professional traders uses these Price breakout patterns in their daily trading setup.

The “Price Breakout Pattern Scanner” is designed to recognize these profitable breakout patterns from your chart. The main idea behind the “Price Breakout Pattern Scanner” is to help the traders to make faster and more accurate trading decision by automating these pattern recognizing process. In addition, we added a sophisticated Smart Renko charting facility as an extra supplementary feature (Optional).  Both beginners and professional traders can enjoy stable performance using our Price Breakout Pattern Scanner.