PatternPreSeQ02

PatternPreSeQ02

PatternPreSeQ02 – Pattern Recognition & PreSeQ Sequence EA (MT4)

PatternPreSeQ02 is an automated Expert Advisor for MetaTrader 4 that combines chart pattern recognition with a PreSeQ sequence trading engine.

The EA continuously analyzes price action using fractal pivots and calculates a pattern match score (%) for well-known market structures, including:

• Double Top / Double Bottom

• Head & Shoulders / Inverse Head & Shoulders

• Bullish & Bearish Flags

• Pennants

• Wedges

• Triangles

• Rectangles (range structures)

All detected patterns are shown in a clear on-chart dashboard, allowing traders to visually confirm market conditions.

When the pattern score reaches the selected TradeScore (for example 100%), the EA can automatically open one initial market trade in the detected direction.

After the initial trade is opened, PatternPreSeQ02 switches to sequence mode, where:

• No additional initial trades are opened while a trade is active

• Only one pending limit order per side is maintained

• Pending orders use a configurable Distance (points)

• Lot size progression is controlled by Lots Multiplier

• Duplicate pending orders are automatically prevented

The EA can optionally close all trades of the same direction when a predefined money-based profit target is reached.

Key Features

• Pattern recognition with percentage match scoring

• On-chart dashboard with highlighted best pattern

• Automatic initial trade only when score condition is met

• PreSeQ sequence pending order system

• Money-based close for full sequence exit

• Anti-duplicate pending protection

• ATR used internally for pattern analysis (can be hidden from chart)

• Works on all symbols and timeframes

Recommendation

This EA is designed for advanced traders. Always test on a demo account and adjust parameters to match your symbol, timeframe, and risk tolerance.

BTCUSD setting:

For any other currency you need to configure the setting to match the spread point.