Patterns by HWAFM

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Originally Posted by matfx

It is not possible because MT5 will update automatically with whatever MT5 version you installed. Unless there are any way to disable it.

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Go to appdata/roaming/metaquotes and change the access privileges to block the update,b ut delete contents first. Then it wont update.

In mine it looks like this C:\Users\P\AppData\Roaming\MetaQuotes\Terminal\C0C A136A21420ED98C18C3CD6C3519E1\liveupdate

ND. Usually i use my brokers mt5 server but sometimes like now i have to use Metaquotes which i find the patterns more profitable, and i have found Alpari data to be absolutely terrible . Is there any reason for this or am i just imagining it?

Yes, different brokers are having different quotes/data ... but i have no idea which one is more bad than an other one :)

OK, there its mine

@ H1 30 [Blue Arrow Down] [Smiles] [Smiles]

Q1) because "30" is grater number than other numbers like 15 or 25 then it we have best pattern at H1 time frame and it's WW.
Q2) because the Arrow is blue then it's developed pattern. (but what's the meaning of developed pattern?)
Q3) because the arrow is down and its blue (developed pattern) then I cloud predict that we have down trend in tomorrow ?!
Q4) what are those happy green smiles?


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Q1) because "30" is grater number than other numbers like 15 or 25 then it we have best pattern at H1 time frame and it's WW.

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30 is the rating of the pattern.

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Q2) because the Arrow is blue then it's developed pattern. (but what's the meaning of developed pattern?)

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developing pattern is the pattern without confirmation. I mean - if we see buy developing pattern so we are expecting buy. When the price is going to upward so we get confirmation about the following "yes, this developing pattern really works and it is formed/developed pattern for now". But it will be too late to trade if pattern is formed/developed ... so we are looking for developing patterns as well (to use them in technical analysis about "where the price may go to the near future")

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Q3) because the arrow is down and its blue (developed pattern) then I cloud predict that we have down trend in tomorrow ?!

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• If arrow is down so it is for downtrend.
• If arrow is blue so we had downtrend (yesterday for example)
• If arrow is on magenta color so we may have downtrend on the future

Thanks for your answer :) and about last question :)

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Originally Posted by Dr.Fox

Q4) what are those happy green smiles?

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Originally Posted by Dr.Fox

Thanks for your answer :) and about last question :)

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About last question ... it is something about WW pattern (Wolfe Waves) and about the developing of point 5:

• yellow - before sweet spot/zone
• green sun - in the main sweet spot/zone
• red circle - in alternative sweet spot/zone
• black square - point 5 is above all sweet spots/zones

I am not professional with WW pattern so I am not sure anout terms - sweet spot or sweet zones ... I just translated this part of pdf manual which was uploaded on the first post of this thread.

All developing/forming patterns for GBPUSD is showing downtrend in the future. All - starting from M1 and finishing MN1.

Just an example :

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XAUUSD (GOLD)

All short-term forming patterns are showing downtrend (M6 - H8 timeframes) but we may see the bullish trend for long term situation (timeframes started with H12 to MN1). Thus, we may see downtrend immediate after News Year and uptrend in general for long term situation (end of January, February and so on).


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Bullish pattern for AUDUSD H1 (retracement) :


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