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Three Bar Break

FREE

Published: 18 August 2017

Current version: 1.0

Three Bar Break

Indicators
Stephen Reynolds
Stephen Reynolds
United Kingdom

45078
3.3 (36)
- https://fxalgotools.com/
18 products 72 topics 58 comments
Version: 1.0

Three Bar Break is based on one of Linda Bradford Raschke's trading methods that I have noticed is good at spotting potential future price volatility. It looks for when the 1st bar's High is less than the 3rd bar's High as well as the 1st bar's Low to be higher than the 3rd bar's Low. This then predicts the market might breakout to new levels within 2-3 of the next coming bars.

It should be used mainly on the daily chart to help spot potential moves in the coming days.

Features :

A simple method of predicting future volatility.
Choose your favourite Line colors and sizes.
Send alerts to either your PC, eMail or mobile device.

Settings :

Color Settings

Line Color - Choose the line color of the 3 bar formation.
Line Size - Choose the line size of the 3 bar formation.

Alert Settings

Soundfile - which wave file sound we use for our PC alarm.
PlaySound - true means we here our PC alarm, false means we do not hear our PC alarm.
MessageBox - true means we see a message box, false means we do not see a message box.
SendeMail - true means we get an alert sent to our email, false means we do not get an alert sent to our email.
SendMobile - true means we get an alert sent to our mobile device, false means we do not get an alarm sent to out mobile device.

more...

440

Zhong Liang Zhao 2024.08.23 04:32 #

My admiration for you is as vaet as the surging river!!!

306

L1576 2024.08.16 18:41 #

Amazing indicator! Author provides great support too! Combine price action, market structure and its very Profitable!

1681

Jacob Singer 2022.07.11 19:48 #

This is a very good accurate Indicator, Good Job

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Trend Line Finder will project forward a support and resistance lines using 2 previous highs for resistance and 2 previous lows for support. It will then signal to the trader by alert making the trader more aware that a possible good move is about to happen. This is not a stand-alone trading system but is very useful in finding key areas of support resistance levels where price will usually either rebound from or breakthrough. Its down to the trader to decide what to do with use of other s

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Stop Reversal & Re Entry is a varied way to exit trades and manage your losses. I all in have made it into a 4 option utility of stop reversal, re entry with break even and partial close features for good measure. These 4 systems are : Stop Reversal : When true will place an opposite pending order exactly where the stop level is on your current trade. In the possibility of your trade being wrong it will get you in again in the opposite direction. Ive added a Only Recover Loss feature that

30 USD