By Janus Trader 2025

Pattern Finder is a strategy based on the MT5 platform that looks for price patterns which are then filtered by the TMA Band and the MACD.

Indicators Used:

1. Dr Pattern Indicator (Identifies candlestick reversal patterns such as Bullish Engulfing and Bull Harami)

2. MACD (Default Settings: 12,26,9)

3. TMA (Triangular Moving Average)

   • Period: 38, ATR Period: 100,ATR Multiplier: 2.0,Center TMA Angle: 4

4. Time Frames Used:

   • M30 (30-minute)

   • H1 (60-minute)

   • H4 (240-minute)

   • Daily

Entry Criteria (Buying)

Identify a Bullish Pattern

Look for Bullish Engulfing or Bull Harami patterns using the Dr Pattern indicator.

Preferably, the pattern should form near TMA lower band for added confluence.

MACD Confirmation:

MACD Histogram should be turning positive or showing increasing momentum.

The MACD line should be crossing above the signal line.

Multi-Timeframe Confirmation

Check H1, H4, or Daily to ensure the higher time frame aligns with bullish movement.

Entry Position

Enter a buy order as soon as the candle closes confirming the bullish pattern.

Entry Criteria (Selling)

1. Identify a Bearish Pattern

   • Look for Bearish Engulfing or Bearish Harami patterns using the Dr Pattern indicator.

   • Preferably, the pattern should form near the TMA upper band for added confluence.

2. MACD Confirmation

   • MACD Histogram should be turning negative or showing decreasing momentum.

   • The MACD line should be crossing below the signal line.

3. Multi-Timeframe Confirmation

   • Check H1, H4, or Daily to ensure the higher time frame aligns with bearish movement.

4. Entry Position

   • Enter a sell order as soon as the candle closes confirming the bearish pattern.

Exit Strategy (Take Profit & Stop Loss)

• Take Profit:

  • First TP: TMA center line

  • Second TP: Upper TMA band

  • Third TP (if strong trend): Next major resistance or Fibonacci level.

• Stop Loss:

  • Place SL below the previous swing low or ATR-based stop (e.g., 1.5x ATR).

MT5 Strategies

MT5 Indicators

MT5 Directory

Stop loss: you can set them beyond the nearest intraday levels: above resistance if you’re short and below support if you’re long.

In the pictures Forex Perfect forex system in action.