DON'T WASTE YOUR TIME OR MONEY WITH AMATEURS.
WE HAVE ALMOST 30 YEARS OF INSTITUTIONAL EXPERIENCE.
AND WE HAVE THE PERFORMANCE RECORD TO BACK IT UP.
THIS IS A GENERAL OVERVIEW OF THE BENEFITS, FEATURES AND PARAMETERS OF THIS INDICATOR.
BUT PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AND WE WOULD BE HAPPY
TO SEND YOU MANY MORE DETAILS REGARDING THIS INDICATOR AND THE BEST
WAYS TO USE IT. INCLUDING ADVICE ON THE BEST PAIRS TO MONITOR,
BEST TIME FRAMES, BEST SETTINGS ETC.
AS WELL AS SOME CRITICALLY IMPORTANT TRADING INFORMATION,
FOR ACHIEVEING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER.
INCLUDING STRATEGY SELECTION, POSITION SIZING AND LONG TERM TRADING DEVELOPMENT.
PERFECT PENNANTS AND TRIANGLES (BREAKOUT SCANNER):
This indicator has been designed to automatically identify high probability breakout patterns.
And it does this by finding very strong, symmetrical pennants and triangles.
IMPORTANT FACTORS TO KEEP IN MIND:
Pennants and triangles provide some of the best possible entry areas. As they allow youto have excellent risk and reward ratios. And this is one of the most important factors
in the institutional trading world.
Features:
- This indicator can monitor all 28 pairs at the same time.
- It can monitor every timeframe, from 1 Minute to Monthly. All at the same time.
- It will automatically trigger an alert whenever the appropriate pattern is identified.
- It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc.
- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.
This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis.
And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
This will also give you more time to find other trading opportunities.
Indicator Parameters:
- Use M1 TimeFrame: True = Yes, False = No
- Use M5 TimeFrame: True = Yes, False = No
- Use M15 TimeFrame: True = Yes, False = No
- Use M30 TimeFrame: True = Yes, False = No
- Use H1 TimeFrame: True = Yes, False = No
- Use H4 TimeFrame: True = Yes, False = No
- Use D1 TimeFrame: True = Yes, False = No
- Use W1 TimeFrame: True = Yes, False = No
- Use MN1 TimeFrame: True = Yes, False = No
And contact us if you have any questions.
We reply to all questions within 24 hours. And depending on the total volume
of inquiries that we have, we can sometimes answer in less than 1 hour.
Even on weekends and holidays.
We are always here to help. =)
---------------------------------------------------------------------------------------------------------------------------
GENERAL INTRODUCTION:
Thank you for taking the time to review our indicators.
in the forex market. We work with clients from all over the world.
And we are (by far) the largest, most experienced and most qualified
company offering products on this platform.
If you would like further details regarding our experience and background,
please take a look at our profile. And you will get a better understanding
of our overall trading experience and our approach to the market.
https://www.mql5.com/en/users/escobedofx21
REGARDING OUR INDICATORS:
All of our indicators have been designed through the lens of various
institutional trading approaches. And our indicators are currently
being used by well over 50,000 retail traders globally.
We focus on clean and effective designs for our indicators.
And our indicators will never clutter your screen with useless
or unnecessary data or distractions.
Please take a look at all the information below and let us know
if you have any questions about anything.
We are always here to help.
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
GENERAL DESCRIPTION:
This indicator monitors all 28 pairs and all the time frames.
And it automatically identifies high probability pennants and triangles.
And when it finds one of these patterns, it will send you a real time alert.
VERY IMPORTANT
PLEASE NOTE:
that is offered in your Metatrader platform. Including crypto, commodities,
indices, equities, ETF's etc.
And it will simultaneously monitor the entire market, all on one screen.
Allowing you to easily find as many trading opportunities as possible.
This will save you an enormous amount of time and effort. As you won't have to flip
through dozens of charts for analysis. And this will allow you to focus on other aspects
of your trading. Such as further technical or fundamental analysis.
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
HOW TO TRADE PENNANTS AND TRIANGLES:
1) Once you receive the signal, keep an eye on the pair.
2) After the breakout occurs, wait for the pullback to the
previous level of support or resistance.
level of support or resistance.
IF YOU ENTER THE TRADE IN THE DIRECTION OF THE
UNDERLYING TREND.
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
INDICATOR LAYOUT AND TIME FRAMES:
VISUAL LAYOUT:
on your chart are the time frames in the upper left corner of your chart.
And when an alert is triggered, you will be alerted on that time frame.
Very clean and very straight forward.
TIME FRAMES TO MONITOR:
The indicator monitors all 9 time frames by default. But you can choose
to monitor fewer time frames if you wish.
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
EXAMPLE OF AN ALERT FOR A TYPICAL PENNANT FORMATION:
where the pattern has been found. And when you get a signal, you should always
drop down to the lower time frames to draw your trend lines.
FOR EXAMPLE:
15-min chart (or even the 5-min chart) to draw your pennant/triangle.
***SEE THE TWO IMAGES BELOW FOR REFERENCE.
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
SAMPLE PATTERN IMAGE # 1 OF 2:
In this example, you have the triple inside bar on the AUDUSD 1 hour chart
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
SAMPLE PATTERN IMAGE # 2 OF 2:
to draw your pennant/triangle. In this example, the alert was triggered
on the 1 hour chart. And when you drop down to the 5 min chart, you can
clearly see the pennant / triangle formation.
At this point, all you have to do is draw your trend lines and wait
for the breakout to occur.
---------------------------------------------------------------------------------------------------------------------------
AND PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AS WE WOULD BE HAPPY
TO SEND YOU FULL DETAILS FOR THE BEST WAYS TO USE THIS POWERFUL INDICATOR.
INCLUDING SOME VALUABLE ADVICE ON THE BEST PAIRS TO MONITOR, BEST TIME FRAMES,BEST SETTINGS ETC. AS WELL AS SOME VERY, VERY IMPORTANT TRADING INFORMATION.
FOR ACHIEVING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER.
THANKS AGAIN FOR REVIEWING OUR INDICATORS.AND WE LOOK FORWARD TO WORKING WITH YOU SOON.
Best Regards,
Support TeamScorpionFX.com
---------------------------------------------------------------------------------------------------------------------------
