Quasimodo Pattern EA v1.0 MQ5 often referred to as the “head and shoulders” of forex, is a reversal pattern that signals potential market trends. It appears at the end of a bullish or bearish trend and is named after the character from Victor Hugo’s “The Hunchback of Notre-Dame” due to its distinctive structure, which resembles a hunchback. This pattern is significant for traders looking for high-probability setups, as it can indicate a shift in market sentiment.

Quasimodo Pattern EA v1.0 MQ5 often referred to as the “head and shoulders” of forex, is a reversal pattern that signals potential market trends. It appears at the end of a bullish or bearish trend and is named after the character from Victor Hugo’s “The Hunchback of Notre-Dame” due to its distinctive structure, which resembles a hunchback. This pattern is significant for traders looking for high-probability setups, as it can indicate a shift in market sentiment.