Unlock Future Price Movements with WmiFor 3.5 for MT5

If you're looking to get a leg up on price predictions, the WmiFor 3.5 indicator for MetaTrader 5 might just be your new best friend. This handy tool dives into your rate history to find similar candle patterns, helping you to forecast potential price movements.

This latest version is an upgrade from the original WmiFor 3.0, which utilized a Dynamic Time Warping (DTW) engine, now tailored specifically for MT5. This means you’re getting a powerful tool built for the latest in trading technology.

For a deep dive into the inner workings of this indicator, including settings and trading strategies, check out the original indicator's page. Currently, it’s only available in Russian, but feel free to use your browser's translation features to explore it in English.

Input Parameters

• IsTopCorner: Display info panel in the upper corner
• OffsetInBars: Offset backward in bars for checking forecasts [1..]
• IsOffsetStartFixed: Keep the start pattern offset (moves with new bar formation)
• IsOffsetEndFixed: Keep the end pattern offset (moves with new bar formation)
• PastInBars: Length of the pattern to search for (in bars) [3..]
• VarShiftInBars: Variation in length of found candidates (in bars) [0..]
• ForecastInBars: Number of bars to forecast [1..]
• MaxAgeInDays: Maximal age of historical data to search (in days) [1..]
• MaxVarInPercents: Maximum tolerance for candidates (%) [0..100]
• MaxAlts: Maximum number of candidates to find [1..]
• ShowPastAverage: Display average price movement of candidates from history
• ShowForecastAverage: Show average forecast line
• ShowBestPattern: Highlight the best candidate (disables the average line)
• ShowTip: Display trading tip
• IndicatorPastAverageColor: Color of the historical average line
• IndicatorCloudColor: Color for the range of candidates (high and low)
• IndicatorBestPatternColor: Color for the best candidate
• IndicatorVLinesColor: Color of vertical boundaries of the pattern
• IndicatorTextColor: Color for the info panel and tips
• IndicatorTakeProfitColor: Color for Take Profit and Stop Loss
• XCorner: Margin from left/right edges of the chart
• YCorner: Margin from top/bottom edges of the chart