Th3 BarPlay Signals Mt4
- Indicators
- Nnamdi Kennedy Ifeorah
- Version: 1.0
- Activations: 5
This is a Price Action based strategy know as the 3Bar_Play and it is based on the 3Bar candlestick pattern formation. Additional indicators are added for filter and confirmations prior to popping up buy/sell signal arrows. It can be traded either in an uptrend, downtrend or sideways market.
Indicators added include:
- Stochastic - Momentum
- Fisher - Trend
- ATR - Volatility which also clearly defines Stop-Loss placement at base of signal arrow (using the ATR Stop-loss method).
Risk to Reward can be anywhere from 1:1 to 1:4 with good risk management.
Buy - When buy signal pops up after 2 bearish bars & 1 bullish bar.
Sell - When sell signal pops up after 2 bullish bars & 1 bearish bar.
A very simple to use indicator and for all markets. Instills discipline and helps trader focus on the process.
Good for newbies/traders struggling with Stop Loss & Take Profit placements. Professional traders are not an exception too.
24hours support
Additional feature
- A toggle button to turn on/off signals on chart but not alert.
- Adjustable parameters on settings panel (preferred setting on download).
- Enable Email/ Push notifications to alert you of signals when away from your screen.
NB
Should indicator fail to appear on your chart screen, you will need to contact me and install the custom Fish indicator.