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Discover Fingerprint Pattern Recognition 2026 review with match detection rates, CSV export metrics, and pattern detection for faster dataset labeling.
Core approach and methodology
Powerful capabilities designed for professional trading
Loads OHLC fingerprint CSV templates for precise pattern matching
Scans historical MT5 charts and exports every match to CSV
Adjustable similarity threshold to control match sensitivity
Secondary detector identifies classic chart formations automatically
Supports multiple timeframes for richer dataset coverage
Lightweight utility with low CPU footprint during scans
This expert advisor is designed for these trader profiles
Quant researchers building labeled datasets for machine learning on MT5
Strategists validating recurring price action with historical matches
Developers labeling samples for supervised learning and backtests
Traders analyzing pattern frequency and context before automating
This is a detailed review of Fingerprint Pattern Recognition written in 2026 that focuses on performance and practical analysis for dataset builders. Fingerprint Pattern Recognition is a non-trading MT5 utility that loads a fingerprint CSV of OHLC bars, scans historical charts for similar price action, and exports each match to a results CSV for later labeling. In this review I examine detection logic, data output, configuration options, and limitations. What makes Fingerprint Pattern Recognition unique is its emphasis on reproducible sample extraction rather than signal execution. The algorithm computes similarity across recent closed candles using configurable distance metrics and a user-set similarity threshold, then records every instance it deems a match. The secondary formation detector flags classic patterns like triangles and head-and-shoulders as complementary outputs. Filip Dockal developed the tool for MT5, and the implementation is lightweight, priced at $30 with a 4.5 out of 5 rating from 100 reviews on the marketplace. The utility performs best in markets with consistent bar structure and sufficient historical depth, such as major FX pairs and liquid futures. It is not a trading EA; risk management sits with the analyst or model that consumes the exported matches. Expected performance characteristics revolve around dataset quality: higher thresholds yield fewer but cleaner matches, while lower thresholds increase recall at the expense of precision. Use Fingerprint Pattern Recognition when you need systematic, auditable sample extraction prior to modeling.
Comprehensive analysis of real-world trading performance and statistical metrics
Comprehensive analysis of potential risks and mitigation strategies
Balanced approach with moderate risk-reward ratio
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Based on historical data and strategy analysis
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Step-by-step instructions to get Fingerprint Pattern Recognition running on your MT5 platform
Install Fingerprint Pattern Recognition by copying the provided EX5 or script file into the MT5 Experts folder and restarting the terminal so the utility appears in the Navigator. Load a chart and attach the utility, then point it to your fingerprint CSV file (OHLC format) and a destination results CSV. Key parameters to configure include similarity threshold, lookback length, timeframe selection, and the secondary pattern detector toggle. Recommended brokers are those offering full historical tick or 1-minute data and stable MT5 feeds; ECN brokers and major FX providers work well. Optimal chart timeframes depend on objectives: use H4 and D1 for structural patterns, M15 and H1 for intraday signals. Run scans on historical data first and validate outputs with a separate holdout period before integrating matches into models.
Download Fingerprint Pattern Recognition from the MQL5 Market
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Fingerprint Pattern Recognition is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
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