Patterns by HWAFM

The US dollar had a rough back-to-school week, but it made a comeback later on. Inflation data in the UK and the US, GDP data in New Zealand; rate decisions in the UK and employment data in the UK and Australia stand out. These are the top events on FX calendar.

1. UK Inflation data: Tuesday, 8:30. Economists expect CPI to rise further to 0.7% this time.
2. German ZEW Economic Sentiment: Tuesday, 9:00. Economic sentiment is expected to rise again to 2.8% in September.
3. UK Employment data: Wednesday, 8:30. The number of unemployed is expected to increase by 1,700 in August.
4. US Crude Oil Inventories: Wednesday, 14:30.
5. NZ GDP: Wednesday, 22:45. GDP growth in the second quarter is estimated at 1.1%.
6. Australian employment data: Thursday, 1:30. Analysts expect a job gain of 15,200 jobs in August, while the unemployment rate is expected to remain at 5.7%.
7. UK rate decision: Thursday, 11:00. The bank is confident this move will reduce unemployment and improve the economic growth in the UK.
8. US Retail Sales: Thursday, 12:30. Retail sales are expected to decline by 0.1% in August, while the core sales are expected to rise by 0.3%.
9. US PPI: Thursday, 12:30.
10. US Philly Fed Manufacturing Index: Thursday, 12:30. Philly Manufacturing activity index is expected to reach 1.1 in September.
11. US Unemployment claims: Thursday, 12:30. The number of new claims is expected to reach 262,000 this week.
12. US Inflation data: Friday, 12:30. CPI is expected to rise by 0.1% in August, while core CPI is estimated to gain 0.2%.
13. US UoM Consumer Sentiment: Friday, 14:00. Consumer sentiment is expected to improve slightly to 91 in August.

the source

Just interesting situation: all the developing/forming patterns for EUR/USD pair are showing uptrend. All the patterns started from M1 till MN1 timeframe. Seems, the market is really waiting for the bullish for this pair.

Example.

Bullish Retracement pattern, W1 timeframe:

Bullish Butterfly, D1:

Bullish Butterfly, H1:

This tool is working fine for the latest build of MT5 (build 1570).

This is EUR/USD (forming bearish retracement pattern):

This is Brent Crude Oil (forming bullish retracement pattern):

new digital could you please share the mt5 build 1570 files so i can get HWAFM working as i only have the latest build 1595 and is not working. Thanks

Originally Posted by philt

new digital could you please share the mt5 build 1570 files so i can get HWAFM working as i only have the latest build 1595 and is not working. Thanks

The files (from the first post of the thread) are not associated/connected with any build so it should work with the latest MT5 build.
But I am not sure about my files so I am uploading the files from my MT5 (attached).

Please note that you should copy all HWAFM folder to /scripts (the other HWAFM folder to /Experts, the other HWAFM folder to /indicators, and the other HWAFM folder to /files). I mean - do not copy the files (copy the folder with files instead)

thank you

It seems HWAFM working ok, i am using it on MT5 build 1606. Indicator loading pretty quick also.

Yes, it's working fine with the latest MT5 build -

This is the forming Retracement pattern for Bincoin/USD indicating the possible downtrend on H1 timeframe in the near future -

HWAFM tools working just fine with Metatrader 5 latest build :

We have Bearish Gartley patterns on USDCAD H8 chart, possible sell signal.



And also Wolfe Wave bearish patterns also detected on H4, H8 and H12 chart.

NZD/USD M5: range price movement by New Zealand Employment Change news event