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Three Peaks

This is a trend indicator. The 3 Peaks indicator alerts you on the screen when it recognise 3 peaks in a row. Works regardless of the representation chart, time-frame or currency pair/commodity being used.

[screenshot]

What is a Peak?


Definition: A peak is when the price line makes an up-side-down V shape. A Peak is made up of three bars.

Formula: The first bar closing/opening price must be less then the closing/opening price of the second and third bar, and the third bar closing/opening price must be lesser then the second bar’s closing/opening price.

[image graphs]

Graph:

{3 bars screen shot}

Why use 3 Peaks: Research has found that the market always continues a bull trend when its price has goon through 3 peaks in a row. Use our indicator to precisely predict a bull market.


Display:

#1 Peak has the color Pink
#2 Peak has the color Yellow
#3 Peak has the color Red (Alert is triggered to your screen) "Please anticipate a trend"

[screenshot of peaks following each other]

Analysis: Our analysis is based on the fundamental principle 101, that is events drive the market, hence certain types of event will push the price to perform a peak movement, once we have 3 Peaks in a row, we assume that an event is occurring, so a trend is anticipated.

Mission: Is to develop Indicators/Expert Advisers that reflect a precise price pattern of the market, regardless of the representation chart, time-frame or currency pair/commodity being used.


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