KFX Pattern manual

5

The KFX PATTERN manual Expert Advisor is a price pattern based System. Manual stands for the fact that he does not open trades independently. Only shows the individual levels with the profit target. The individual strategies are based on those of Thomas Bulkowski's books.

The following Patterns have been integrated:

  1. Three Falling Peaks.
  2. Three Rising Valleys.
  3. Diamond Pattern.
  4. High and Tight Flags.
  5. Cup with Handle Pattern.
  6. Horn Top.
  7. Horn Bottom.
  8. Earnings Flag.
  9. Three Line Strike.
  10. Falling Three Methods.


Short description

  • Three Rising Valley - The Chart Pattern is a decent performer in a bull market. It confirms as a valid chart pattern when price closes above the highest peak in the pattern.
  • Three Falling Peaks - When price closes below the lowest valley between the three peaks, it confirms the three falling peaks chart pattern as valid.
  • Diamond Pattern - You will find Diamond Pattern in a Bull market with an upward breakout, but those in a bear market rank second for overall performance in part with an downward breakout.
  • High and Tight Flags - High and tight Flags are the best performing Chart Pattern in both Bull and Bear markets. They are perfect pattern for trend following.
  • Cup with Handle - This pattern follows the price curve in a U-shape followed by a handle pattern which breakout up.
  • Horn Pattern - Horn Pattern are H-shaped chart patterns. They tend to hide in overbought/oversold markets and pullbacks.
  • Earnings Flag - The earnings flag is an event pattern that occurs after a company announces earnings. Price makes a large move, consolidates, and then resumes the trend.
  • Three Line Strike - This bullish three line strike acts as a bearish reversal of the upward price trend.
  • Falling Three Methods - This falling three methods pattern acts as a reversal of the brief downtrend. Price closes above the top of the five candlesticks, scoring an upward breakout.


Parameters

  • Diamond Pattern - turn on, to see this pattern.
    • Diamond Percentage meeting target - The measure rule is usually the chart pattern height added to (upward breakouts) or subtracted from (downward breakouts) the chart pattern.
    • Min Candles in Diamond - Number of candles on which the pattern is based.
  • Three Rising Valley - turn on, to see this pattern.
    • 3rv Percentage meeting target - Price target measured between the low from the lowest peak to the highest valley.
    • Min Candles between Valleys - Number of candles on which the pattern is based.
  • Three Falling Valley - turn on, if you want this pattern in the chart.
    • 3fv Percentage meeting target - Price target measured between the height from the highest peak to the lowest valley.
  • High Tight Flag pattern - turn on, to see this pattern.
    • Retracement Bars - Bars in the retracement before breakout.
    • High and Tight Flag Candles - Number of candles on which the pattern is based from the start of the price swing to the end of the price swing.
  • Cup_pattern - turn on, to see this pattern.
    • 7 to 65 candles duration - Number of candles on which the pattern is based.
    • 1 or 2 candles - Point when price rises above the handle.
    • Percentage meeting target - Price target of the height from the right Cup lip to the lowest valley.
    • Cup rectangle color - Adjustable color for the frame around the cup pattern.
  • Top_Horn_Pattern - turn on, to see this pattern.
    • %70 percentage meeting target for top horn - Target Level.
    • top_horn_rec color - Adjustable.
  • Bottom_Horn_Pattern - turn on, to see this pattern.
    • %76 percentage meeting target for bottom horn - Target Level.
    • bottom_horn_rec color - Adjustable color.
  • Earning_Flag_Pattern - turn on, to see this pattern.
    • Earning Flag candles - Number of candles.
    • Candles in Pennant Flag Pole - Number of Candles in the Flag.
    • pennant percentage meeting target - Target Level.
  • Three_Line_Strike_Pattern - turn on, to see this pattern.
    • Three Line Strike Candles - Number of candles.
    • %50 percentage meeting target for 3ls - Target Level.
    • three_ls_rect_color - Adjustable color.
  • Three_Falling_Method_Pattern - turn on, to see this pattern.
    • Three_Falling_Method_Candles - Number of candles.
    • %40 percentage meeting target for 3fm - Target Level.
    • f3m_rect_color - Adjustable color.
  • Drawings - shows the lines and peaks in the chart.
Reviews 1
Aravind Kolanupaka
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Aravind Kolanupaka 2019.11.10 21:37 

Nice clean UI and EA implementation

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RS Trade Copier - the ultra-fast local trade copier with a real graphical interface. Stop typing account numbers manually. No more 200+ cryptic inputs. A reliable and flexible tool for copying trading operations between multiple MT4 and MT5 terminals. It suits experienced traders, signal providers, and individual investors. It enables trade synchronization from one or multiple Providers to one or multiple Clients with high precision and minimal latency. It supports simple automatic configuration
EchoTrade Telegram Signal Backtester VALIDATE TELEGRAM SIGNALS IN MINUTES - STOP GUESSING, START BACKTESTING Stop blowing accounts on "VIP" signals that don't deliver. The EchoTrade Telegram Signal Backtester is the professional solution to audit, verify, and optimize any Telegram signal provider's performance on historical data. Most signal providers show you their wins but hide their losses. This tool reveals the naked truth. By combining a powerful Data Manager (included) with an advanced MT4
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This is a simple indicator to show if global and local trend directions are the same. It uses two timeframes, a "local" timeframe and a higher order "global" timeframe. The indicator shows price action only and has no lag. It generates a square wave (green line), the output signal is above zero if the price tendency is bullish upward, and below zero for bearish downward tendency. The red line shows the tendency of a higher order timeframe (the global tendency). The idea is to trade long when pri
The indicator will help you find support and resistance levels, increase the number of confirmations for stronger levels. This is not a multi-timeframe indicator that refers to the information from other timeframes. But it allows to show strong levels of support and resistance where the price respects a mark two or more times. How to trade: For smaller timeframes up to M30 I recommend at least 3 confirmations. This filters stronger levels with subsequent strong movements. For larger timeframes o
The KFX High and Tight Flag pattern Indicator is part of the KFX Pattern manual Expert Advisor. The indicator shows the entry level (breakout) with the profit target and the stop loss. The strategy is based on Thomas Bulkowski's book, Encyclopedia of Chart Patterns second edition. High and tight Flags are the best performing Chart Pattern in both Bull and Bear markets. They are perfect pattern for trend following. Suitable for every Currency pair, Options, Commodities, Stocks, Indicies and Timef
KFX Bulls and Bears
Marcel Kirchhof
5 (1)
The KFX Bulls and Bears indicator consolidates the Bulls and Bears Power sample indicators in one indicator. This indicator is a modification of a known Bulls/Bears power indicator by Elder. It measures distance between extreme price and moving averages. Parameters Source - choose between Close, Open, High, Low, Median, Typical or Weighted Price. Periods - period for calculating the moving averages. MA Type - Select between Simple, Exponential, Smoothed or Linear Weighted. Verbose - Allows the
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Aravind Kolanupaka
10410
Aravind Kolanupaka 2019.11.10 21:37 

Nice clean UI and EA implementation

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