Chart Pattern Helper EA for MT4/MT5 - Free

The author's warning: this expert advisor does not trade in a fully automatic mode. It only trades based on the chart patterns you draw on the chart.

Its main purpose is to create and manage trading orders based on chart patterns, mainly channels, drawn by a trader. It is only capable of trading breakout setups, not pullbacks.

Chart objects have to be named properly for the EA to work. Read the descriptions of the EA and its input parameters carefully before you use it on a live account.

Check before you use it

Name your chart objects exactly as the author's documentation describes, because the EA works only with properly named objects. Draw a channel on a demo chart and confirm that the breakout orders are placed where you expect. Remember that it handles breakout setups only, so a pullback setup needs a different tool or your own decision.

Platforms: MetaTrader 4, MetaTrader 5.

Source and license

Published by EarnForex.com as open source under the Apache License 2.0. TraderCommons does not host the files: the links on this page lead to the author's GitHub repository and product page. TraderCommons is not affiliated with EarnForex.

Test any trading tool on a demo account before you use it on a live one. Trading involves risk.