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PZ 123 Pattern MT5

Unlock powerful breakout opportunities

The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Clear trading signals
  • Customizable colors and sizes
  • Implements performance statistics
  • Customizable Fibonacci retracement levels
  • Displays suitable stop-loss and take-profit levels
  • The indicator can be used to find continuation or reversal patterns
  • It is non-repainting and non-backpainting
  • It implements email/sound/visual alerts

123 Patterns can present themselves as continuation or reversal patterns. To make things easier, the indicator allows you to choose which type of patterns to look for, making it a fantastic tool for trend or reversal traders.


Settings

When loading the indicator to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks. This is what each block of parameters does.

  • Amplitude - The amplitude represents the minimum amount of bars between alternative price points. To find big patterns, increase the amplitude parameter. To find smaller patterns, decrease the amplitude parameter.
  • Min. Retracement - The minimum Fibonacci retracement needed in a pattern. Set to zero not to evaluate it.
  • Max. Retracement - The maximum Fibonacci retracement possible in a pattern. Set to zero not to evaluate it.
  • Pattern Type - The indicator can look for reversal patterns, continuation patterns or both. Your choice.
  • Max History Bars - Amount of past bars to evaluate when the indicator loads in the chart.
  • Display Stats - Show or hide the statistics dashboard and performance data.
  • Display SL/TP Levels - Show or hide suitable SL and TP levels for each signal.
  • Drawing Options - Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts - Colors and sizes for breakout arrows.
  • Alerts - Enable or disable alerts at will.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


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Contact me after payment to send you the User-Manual PDF File. Volume Profile Indicator A functional and useful tool that can improve your trading plan. This indicator calculates volume in price levels(typical volume indicator shows only candle volumes). With the volume of price levels, you can identify important areas that have the potential to reverse. You can also see the volume of support and resistance levels and decide on them. Using volume profiles along with   Price Action   and  
XQ Indicator MetaTrader 5
Marzena Maria Szmit
3 (2)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Go Way TREND
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Suivez la tendance. Oui, attendez le signal d'entrée, qu'il soit d'achat ou de vente, sur une image de 15 minutes, et vérifiez le signal s'il apparaît sur une image de 30 minutes (il faut parfois une heure ou plus pour que le signal apparaisse. Vous pouvez revenir au cadre de 15 minutes et revenez au cadre de 30 minutes, et répétez cette opération jusqu'à ce que le signal principal apparaisse pour vous. Si le signal apparaît sur le cadre de 30 minutes, entrez avec le prix et le profit est pris
BS Trend Line是一款很好的买卖指示器,不含有未来函数,不会重绘,新版本已经加入了更好的过滤算法,开单成功率有了很大的提高,是一个很好的波段交易提示器,尤其是配合 SourcePoint 会有更明显的效果,它能帮你过滤掉接近70%以上的无效交易信号。 ===================参数列表===================== timeframe:M1 gip:30 sip:6 up line:80 down line:20 ===================使用方法===================== 配合 SourcePoint 使用时, SourcePoint 的参数 fastP: 96 slowP:208 avgP:72
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Eduardo Gregório
112
Eduardo Gregório 2022.07.05 00:29 
 

Muito ruim. Não comprem. Vão jogar dinheiro na lata do lixo.

marcofi
96
marcofi 2021.10.02 11:54 
 

L'utilisateur n'a laissé aucun commentaire sur la note

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Version 6.1 2022.01.31
- Recompiled
Version 6.0 2019.04.16
- Drawing bug fix
Version 5.4 2019.04.16
- Bug fix on DeInit.
Version 5.2 2019.04.14
- Added fibo ratios for SL / TP
Version 5.0 2019.04.14
- Added profit targets and stop loss
Version 4.0 2018.06.29
- Added type of signal to find
- Added Fibo ratios
- Added stats