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FXC Wedge Patterns

FXC Original
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A wedge pattern indicator and scanner: rising and falling wedges across your markets, and the side each usually breaks.

MT4 + MT5 Version 1.01 Updated 15 Nov 2026
$48 one payment
Buy now

Card or PayPal. Your licence key shows on screen and comes by email.

  • Use it on 5 MT4 or MT5 accounts
  • MT4 and MT5 files on one licence
  • Every update free
  • 14-day refund, whichever way you pay
  • Help within 24 hours, 24/7. Ask a question
  • No sponsor messages on our free indicators

Before you buy · Terms of Sale · Refund Policy

Shapes
Rising, falling
Scanner
Up to 40 markets
Timeframes
Yours + next two
Wedges
On closed bars
Version 1.01
15 Nov 2026
What changed

Wedge pattern indicator and scanner

FXC Wedge Patterns is a wedge pattern indicator for MT4 and MT5. It finds rising and falling wedges on your chart as they form, and scans up to 40 markets on three timeframes for the same.

A wedge is built from closed bars only: four swings, two highs and two lows, with both lines sloping the same way and closing in, and every bar between them. Once found, it never changes. The close that breaks it gets an arrow, and the break gets a stop on the other line and a target one pattern height away.

Each wedge's likely side is lit: down for a rising wedge, up for a falling one, as the textbooks have it and as the developer's study of past charts found. It's about the break, not the move after it. The dashboard shows this chart's wedge and its two break prices, the scanner's list nearest a likely break first, and how the last 50 breaks went. It doesn't place trades.

FXC Wedge Patterns on a chart with a forming wedge, its break prices and the scanner panel, numbered
  1. 1
    The forming wedgeIts two lines from the first touch, a dot on each touch, and a dotted run to where the lines meet.
  2. 2
    The break pricesCLOSE ABOVE and CLOSE BELOW at the right edge. The likely side's tag is in its colour.
  3. 3
    This chartThe wedge's type and touches, and both break prices with the likely side lit.
  4. 4
    The scannerWedges forming on your timeframe and the next two, nearest a likely break first. A click opens one.
Pictures from MT58 pictures, click to open

How to read the wedge dashboard

The card at the top is this chart. The list under it is the scanner, one tab per timeframe. Every part has a tooltip with the numbers.

NOW→︎Forming
A wedge on this chartRising or falling, its touches, and two boxes: the close above and the close below that would break it, how far each is. The likely side's box is lit.
NOW↗︎Broke up
A fresh breakThe break as a trade: entry at the break close, the stop on the other line, the target. It says whether it broke the likely way or against it.
NOW→︎None
Nothing forming hereHow the last wedge ended, and the wedge forming nearest its likely break elsewhere on your timeframe. A click opens it.
ROW!︎1.4 ATR
How near the likely breakA forming row's distance to its likely side's line, in that market's ATR, so markets of any price compare.
ROW→︎Back inside
A break that came backThe trade is still open, but the last close is back across the broken line.
50→︎Last 50
How the last breaks wentThe tab's 50 newest breaks: how many reached the target first, the stop first, or are still open.

How to use FXC Wedge Patterns

From the scanner to one wedge's break, on the chart you trade.

  1. 1
    Add it to your chart. It reads this chart's last 3,000 closed bars, and every market your broker has of its 40 on your timeframe and the next two.
  2. 2
    Pick a wedge from the list. Forming ones come first, nearest their likely break first: "1.4 ATR away" means the close is 1.4 ATR from the likely side's line. A click opens that market and timeframe on this chart.
  3. 3
    Read its two break prices. CLOSE ABOVE and CLOSE BELOW are the closes that would break it. The likely side is lit: below for a rising wedge, above for a falling one. A close past either line ends the wedge, and the arrow prints on that bar.
  4. 4
    Read the break as a trade. The entry is the break close, the stop the other line, the target one pattern height away. The box on the chart and the card show where price sits between them.

The likely side is about the break, not the move after it. The trade it draws is a reading, not an order: the decision stays yours.

Wedge scanner features

Rising and falling wedges

From four swings on closed bars, both lines sloping the same way. Triangles are left out.

The likely side lit

Down for a rising wedge, up for a falling one, from the developer's study of past charts. Not a forecast of the move.

Up to 40 markets

The 28 pairs, gold, silver, two oils, six indices, BTC and ETH, under your broker's own names.

Three timeframes at once

Your chart's timeframe and the next two, each a tab with its count of rows.

Nearest a likely break first

Forming wedges sorted by how far the close is from the likely side's line, in each market's ATR.

Decided on closed bars

The live bar never counts. Once found, a wedge and its arrow never change.

A stop and target on every break

The stop on the other line, the target in pattern heights from the break close. You set both.

Alerts

A new wedge with its likely side, and a break with its stop and target. Popup, sound, push or email.

FXC Wedge Patterns: questions, inputs and versions

Questions about FXC Wedge Patterns

Does it work on MT4 and MT5?

Yes. One licence gives you both files.

How many accounts can I use it on?

Five MT4 or MT5 accounts, demo or live. You can move a slot to a new account in My products.

Does it place trades for me?

No. It is an indicator. It shows you the picture, and you place the trade.

Do updates cost extra?

No. Every update is free, and the panel on your chart tells you when one is out.

What if it isn't for me?

Ask for a refund within 14 days of buying: ask us, or open a ticket from My products. No reason needed.

Does it say which way a wedge will break?

It lights the likely side: down for a rising wedge, up for a falling one, from the developer's study of past charts. It's a tendency, not a forecast, and it says nothing about how far price moves after the break. Both break prices are drawn, and a break the other way gets its arrow, stop and target too.

Can an EA read the wedges?

No. FXC Wedge Patterns is a premium indicator, and a hidden copy inside an EA gets no licence, so its buffers stay empty. It's made for the chart.

Why does it need Allow DLL imports?

The licence check uses it. The chart template in the download turns it on. Without it, MetaTrader 5 won't start the indicator, and MetaTrader 4 shows an alert saying so.

What happens if the licence can't be checked?

MetaTrader shows an alert with the reason, for example a key already on 5 accounts, and the indicator takes itself off the chart. A chart that was already licensed keeps working for 7 days without a check.

Not answered here? We reply within 24 hours, 24/7.Ask us

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