One to Three Trendline Breakout MT5


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.


YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY !

>>>  GO HERE TO DOWNLOAD



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Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
RelicusRoad Pro MT5
Relicus LLC
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Indicators
Stop guessing your trades. Know when to enter, where to get out and which way the market leans, all on one chart. RelicusRoad Pro brings nearly twenty tools into one indicator, and you switch on the ones that fit the way you trade. Clear entries. Clear exits. A plan on every chart. Sound familiar? You buy, and price turns against you a minute later. You close too early, then watch the move carry on without you. Five indicators on the chart, five different answers. Your stop loss is a guess. Why
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Abdul Hamas
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Hi Trader, Most retail traders rely on lagging, web-based scripts. To trade with a true edge, you need institutional architecture. The Astro AI Indicator is not a standard chart overlay. It is a compiled, dual-agent neural network running directly on your terminal. Here is the exact technology driving the system: 1. Agent 1: The Analyst (Graph Neural Networks - GNN) Markets are not just isolated price bars; they are interconnected networks of data. The Function: Agent 1 utilizes a Graph Neural
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Noiros Tech
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This Currency Meter Calculates Strength Using a currency basket of 28 pairs? This Currency Meter uses a basket of 28 currency pair to define strength. This is very important because it gives an wholesome view of the strength of a currency by considering its reaction to all major currencies paired with it. This Currency Meter is Multi-timeframe!!! Majority of the currency strength indicators around the market today only has a single time frame view. Even with the so called multi-timeframe versio
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Noiros Tech
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Flag Pattern pro is a   Price Action (PA)   analytical tool that scans the   continuation patterns   known as   "Flag and Pennant Patterns"   . Flag and Pennant patterns are continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the   flag pole   and the   retracement   is called the flag. Indicator Fundam
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