• Overview
  • Reviews (4)
  • Comments (6)
  • What's new

BeST 123 Startegy MT5

BeST_123 Strategy is clearly based on the 123 Pattern which is a frequent Reversal Chart Pattern of a very high Success Ratio.It occurs at the end of trends and swings and it’s a serious indication of high probability for a change in trend.Theoretically an 123_pattern is valid when the price closes beyond the level of #2 local top/bottom, a moment when the indicator draws an Entry Arrow, raises an Alert, and a corresponding Position can be opened.

The BeST 123_Strategy Indicator is non-repainting and non-backpainting while using it you can get:
  • Definite Entry Signals
  • TP Points based either on Fibonnacci Levels or Risk/Reward Ratios 
  • The usual common SL Levels for the 123_Pattern (the #1 and #3 points of the current integrated formation)
  • All the Metatrader Alerts for the Entry Signals
  • Fully customizable colors and sizes of all the chart objects

Inputs


Basic Settings
  • Maximum Number of LB Bars – LB Period of searching for the 123_Pattern
  • Target Levels Mode – for selecting either Fibonacci Target Levels or R/R Ratio Target Levels
Displaying Settings - for selecting which chart objects and features to show/activate.

Graphical Settings – for selecting the color, size and distances of drawn objects.

Alert Settings - for controlling the use of Entry MT5 alerts

Zig Zag Settings – for selecting the parameters of ZZ Indicator that is used for spoting swing Highs and Lows

Note:

All Comment Table Infos are Real Time Updated and it counts Bars in Trade and Open Profit of the current trade but assuming no Target Exits until the next Entry Signal.


For EA Developers


Buy Arrow:   Buffer = 23
Sell Arrow:   Buffer = 24












Reviews 4
Sebastian Schmidt
9129
Sebastian Schmidt 2021.05.02 12:50 
 

absolutely well made and useful indicator, highly recommended

Dunstan Wafula Namusonge
667
Dunstan Wafula Namusonge 2020.07.08 16:51 
 

Great trading tool

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brynmawr1
253
brynmawr1 2021.06.16 13:25 
 

Wonky. Probably hasn't been upgraded in a while. I can't get the details to load or they load then disappear. When you buy from Metaquotes you take your chances and this was a bust as they are not responsive to customer concerns. the concept of the app is sound but it doesn't work for me on the two computers I tried. If the author can help me with this and it finally does work, I will upgrade this review. Thanks

Eleni Koulocheri
23355
Reply from developer Eleni Koulocheri 2021.06.16 18:50
Hi,
I read your Review on BeST_123_Strategy MT5 and I am sorry for the problem you face. I do not really understand the reason of the problem. In my PC and Laptop everything is OK. Also till now I had no any customer with such a problem. I tried again to reproduce the problem in order to find it and fix it but once more I did not face it in my PC/Laptop.
Anyway I changed some internal functions of the code and I already published the updated version 1.20 of the indicator which I hope will work ok and for you. Please download the new - updated version and let me know if everything is ok/better now.
Hope I helped.
Always here to help. Regards Eleni
Sebastian Schmidt
9129
Sebastian Schmidt 2021.05.02 12:50 
 

absolutely well made and useful indicator, highly recommended

Andre Santos
38
Andre Santos 2021.04.03 02:13 
 

The right tool and support for patterns indicators.

Dunstan Wafula Namusonge
667
Dunstan Wafula Namusonge 2020.07.08 16:51 
 

Great trading tool

Reply to review
Version 1.20 2021.06.16
Improving internal functions for MT5 Alerts
Version 1.15 2021.06.16
Improving internal functions for Entry Signals
Version 1.10 2021.06.16
Improving internal functions for displaying Entry and Target Levels