AUDCAD - Bullish bat, ABCD and hammer level.
I am using the ZUP V120 and it shows the BEARISH NEXT PATTERN & BULLISH NEXT PATTERN.Do you have an have an idea or a link where I can read up more about these two patterns and their ratios.Thanks in advance for your anticipated response.
Just a few pips and we are in the PRZ!
I know, the question is not addressed to me, so sorry for interacting...
Open the indicator for editing, and look for the pesavento levels there for what was defined for the different patterns...
I think poruchik will be the best to address this question to.
This is what I've been waiting for.
I'm sorry to disappoint you but I don't know about ratios for NEXT pattern.
Bullish bat on GBPJPY was a 200+ pip winner (two positions).
For a start-up I can offer this:
First triangle of any conventional 5p pattern:
Chart EURUSD, H1, 2014.05.25 23:28 UTC, HF Markets Ltd, MetaTrader 4, Demo - MetaTrader Trading Platform Screenshots
Define point C of any conventional 5p pattern:
Chart EURUSD, H1, 2014.05.25 23:40 UTC, HF Markets Ltd, MetaTrader 4, Demo - MetaTrader Trading Platform Screenshots
Then, since I do not have a D yet, I am looking for a line through XB points, SL below the 88.6 ret of AB...
Dragon will be different somewhat, and shark and cypher will be very much different (cypher will be rather an incomplete ABCD pattern in the opposit direction).
Chart USDCAD., H1, 2014.05.25 23:54 UTC, X-Trade Brokers DM S.A, MetaTrader 4, Real - MetaTrader Trading Platform Screenshots
Another recent with the next2 indi - borderline being a dragon ( C> 88.6 AB - i.e. getting to a double bottom/double top)
Chart AUDUSD., H1, 2014.05.26 00:07 UTC, X-Trade Brokers DM S.A, MetaTrader 4, Real - MetaTrader Trading Platform Screenshots
and an other recent one, almost completed by now:
Chart EURJPY., D1, 2014.05.26 00:30 UTC, X-Trade Brokers DM S.A, MetaTrader 4, Real - MetaTrader Trading Platform Screenshots
I hope it helps, I am sorry cannot get any literature to it.
hi guys what is the last version of ZUP ? where can I download it? plz hlp!
Check the one from this post : https://www.mql5.com/en/forum/173588/page367
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