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I to 3 Trendline Breakout

This indicator scans the 1-3 Trendline pattern . The indicator is a  100 % non repaint low risk breakout system. The patterns are formed around swing high and swing lows which make them a low risk pattern with high reward.


PATTERN BACKGROUND

The 1-3 Trendline Breakout pattern is formed by four(4) points which are composed of three (3) primary points and the pattern neck. A trendline is always formed by the point 1 and the neck of the pattern . When price breaks out of the trendline formed , it usually indicates a shift in supply and demand and thus a possible new trend. The 1-3 Trendline Pattern occurs in every market and it is formed by supply and demand. This means the pattern is not limited to forex market only but can also be used to trade commodities are stocks. 


HOW TO USE

1. Spot the pattern when the signal comes up 

2. Make sure the trendline has not been broken before .When this happens in most cases it is usually a false pattern but there are also some successful pattern formed this way. Our advise is if you are going to risk taking this type of pattern , make sure the stop loss/risk level is very small.

3. Trade the signal

4. Close partial profit at a 1:1 risk to reward ratio. This means when price reaches a profit equals to the risk, close out part of the trade and ride out the rest profits.


INPUTs

1. Pattern Period : The pattern are created using zigzag. The pattern period is the zigzag period.

2. Bullish Pattern : Bullish pattern color

3. Bearish Pattern : Bearish Pattern color

4. PopUp Alert : True/false

5. Phone Notification : True/false

6. Email Notification : True/false


FINAL NOTE

Forex is market driven by sentiment and sentiments can change in seconds thus no forex strategy is a 100% profitable . Always trade with discretion , take calculated risks and don't stake what you are not ready to lose . Stay safe and stay green on the pips.




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VR System is not just an indicator, it is a well-balanced trading system that includes combined simple Moving Average and Donchian channel indicators. The system is based on classic trading rules. The VR System trading system takes into account the rules for entering the market, rules for holding a position in the market, and rules for exiting a position. Simple trading rules, minimal risks, and clear instructions make VR System an attractive trading strategy for traders in financial markets. Ad
150 USD
Fx Levels Indicator for MT5
Renaud Candel
FX Levels Premium is a must to trade Forex. The indicator will give you all important levels (support/resistance) to watch for a wide range of assets. Trading without these levels on your chart is like driving a car for a long journey without a roadmap. You would be confused and blind. Support and resistance levels should be used as guideline to figure out possible turning points and targets. The levels are entry and exit points for your trades. The indicator draws these levels analyzing the H1,
123 USD
Consolidation Finder MT5
Oleg Voitiouk
Consolidation Finder   An indicator that allows you to find consolidation. To work on the breakdown of the channel. Easy to use, there are only three settings: Minimum number of bars to analyze Tunnel Consolidation Indicator color It works on  all timeframes  , by default, approximate settings for the H1 timeframe are set. Works on all currency pairs. The indicator is not redrawn or recalculated. All screenshots are real!
99 USD
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OLIVER GYILA
618
OLIVER GYILA 2020.04.14 20:06 
 

The strategy is good, but the indicator has lots of bugs, it's unusable. No response from the author

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