Market / MetaTrader 4 / Indicators /

KFX HTF pattern

30 USD

Demo downloaded: 39

Published: 26 March 2018

Current version: 1.0

KFX HTF pattern

Indicators
Marcel Kirchhof
Marcel Kirchhof
Germany

2517
5 (2)
CEO and founder KFX Trading

5 products
Version: 1.0
Activations: 5

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 Timeframes

Benefits

easy to use
High precision
exact entry points with stop loss and take profit
tradable in all CFD markets
No repaint or redraw

Parameters

High Tight Flag Pattern Bullish True/False - set it to true to indicate the long trades
High Tight Flag Pattern Bearish True/False - set it to true to indicate the short trades
Retracement_bars - Bars in the retracement before breakout
High Tight Flag - Number of candles on which the pattern is based from the start of the price swing to the end of the price swing.
Drawings

Draw_Peak_Labels - the letters a, b, c are displayed at the peaks
Draw_Lines - the lines for breakout, target and stop loss are displayed
Draw_Line_labels - the words breakout, target, and letter c appear at true

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KFX HTF pattern

Marcel Kirchhof

Benefits

Parameters