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One to Three Trendline Breakout

5
Note : The slow loading of the indicator issue has been addressed . This new version loads fast and does not slow the platform.

Version 1.3 : We have updated the indicator to include an historical bar scanning option . So instead of scanning all bars in the history (which can make the indicator slow sometimes ) , you can select the maximum number of bars it can scan which can increase the performance and make the indicator faster.


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



Avis 3
tradingforyou
87
tradingforyou 2021.06.20 18:31 
 

Good product, especially for breakout traders

tsomoney
209
tsomoney 2021.06.11 13:33 
 

Excellent Indicator!!!!

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The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
WARNING!! THIS SWORD IS TOO SHARP!    ONLY 10 COPIES LEFT FOR THE NEXT PRICE TO BE 8,000$ FOR UNLIMITED PLAN. Dear traders I am very glad once again to introduce to you my other tool called "Forex Sword Indicator". In short this tool is meant to give you an edge over the market that you have been waiting for  so long. Now, here it is. It is a very very simple tool but yet a dangerous sword. I call it a  Holy grail indicator!. I will not talk a lot about this tool. Just let the tool speak by itse
PS Volume MT4
Miguel Angel Vico Alba
5 (2)
Displays the volume of buyers and sellers in a more friendly and understandable. In this way we can determine more accurately if they win the bears or the bulls. There are patterns of behavior that we studied beforehand, but in essence we will serve as support at the time of making decisions. Also if we are already within the market we can confirm if is approaching a change of trend and so exit before the change of the same. Parameters Drawing Style Buyers Volume Color Sellers Volume Color Widt
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PZ TRADING SLU
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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 Fun
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Rhino Gold Ea
Nesimeye Oswald
MQl5 Live Signal Monitoring  :  Click Here To View RHINO GOLD EA  is an advanced trading system for   XAUUSD ( GOLD )   that combines daily high low rejection patterns with lower time frame candlestick confirmations. It enters trade on the lower time frame after daily rejection confirmation. This system is a   semi-scalping   and a   semi-grid   system . It combines scalping with grid when the initial trade fails to reach scalping target . We have employed numerous filters to this system to i
Filtrer:
Arhyel Mshelia
348
Arhyel Mshelia 2021.10.08 13:33 
 

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

tradingforyou
87
tradingforyou 2021.06.20 18:31 
 

Good product, especially for breakout traders

tsomoney
209
tsomoney 2021.06.11 13:33 
 

Excellent Indicator!!!!

Répondre à l'avis
Version 2.0 2023.07.22
We did a Bug fix on the old version
Version 1.9 2023.07.01
Fixed a minor bug in the previous version
Version 1.8 2022.10.11
We have upgraded the load time to make the indicator work faster and use less computer resources.
Version 1.7 2021.07.04
Fixed bug in last update
Version 1.6 2021.07.04
Fixed a bug in the last update
Version 1.5 2021.07.03
In this version we have hard coded the indicators used into the indicator file. So even if clients don't have the indicators used in their terminal, the indicator will still work perfectly
Version 1.4 2021.06.30
The Line Display was updated based on a customer request. There is an option to set the Line Display Style Now
Version 1.3 2021.06.18
We have updated the indicator to include an historical bar scanning option . So instead of scanning all bars in the history (which can make the indicator slow sometimes ) , you can select the maximum number of bars it can scan which can increase the performance and make the indicator faster.
Version 1.2 2021.04.28
The slow loading of the indicator issue has been addressed . This new version loads fast and does not slow the platform.
Version 1.1 2020.01.28
The indicator lag issue has been addressed. An history scan limit has been added to aid faster loading on the chart. Also an improvement has been made on the signal arrows plotted on the chart.