BeST 123 Startegy MT5

3
BeST_123 Strategy is clearly based on the 123 Pattern which is a frequent Reversal Chart Pattern of a very high Success Ratio.It occurs at the end of trends and swings and it’s a serious indication of high probability for a change in trend.Theoretically an 123_pattern is valid when the price closes beyond the level of #2 local top/bottom, a moment when the indicator draws an Entry Arrow, raises an Alert, and a corresponding Position can be opened.

The BeST 123_Strategy Indicator is non-repainting and non-backpainting while using it you can get:
  • Definite Entry Signals
  • TP Points based either on Fibonnacci Levels or Risk/Reward Ratios 
  • The usual common SL Levels for the 123_Pattern (the #1 and #3 points of the current integrated formation)
  • All the Metatrader Alerts for the Entry Signals
  • Fully customizable colors and sizes of all the chart objects

Inputs


Basic Settings
  • Maximum Number of LB Bars – LB Period of searching for the 123_Pattern
  • Target Levels Mode – for selecting either Fibonacci Target Levels or R/R Ratio Target Levels
Displaying Settings - for selecting which chart objects and features to show/activate.

Graphical Settings – for selecting the color, size and distances of drawn objects.

Alert Settings - for controlling the use of Entry MT5 alerts

Zig Zag Settings – for selecting the parameters of ZZ Indicator that is used for spoting swing Highs and Lows

Note:

All Comment Table Infos are Real Time Updated and it counts Bars in Trade and Open Profit of the current trade but assuming no Target Exits until the next Entry Signal.


For EA Developers


Buy Arrow:   Buffer = 23
Sell Arrow:   Buffer = 24












Comentários 4
Sebastian Schmidt
1391
Sebastian Schmidt 2021.05.02 12:50 
 

absolutely well made and useful indicator, highly recommended

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5 (2)
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Shengzu Zhong
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Ihor Otkydach
4.83 (24)
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Temirlan Kdyrkhan
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4.96 (24)
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Gladiator Indicator: Conquer the Markets Step into the trading arena with the Gladiator Indicator, a robust and highly effective trading tool designed exclusively for MQL5. Built for traders who want clear, actionable insights, Gladiator cuts through market noise to deliver precise Buy and Sell signals right on your charts. Whether you are a beginner looking for guidance or an experienced trader seeking a reliable confirmation tool, Gladiator provides the edge you need to battle the markets wi
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BeST_123 Strategy is clearly based on the 123_Pattern which is a frequent Reversal Chart Pattern of a very high Success Ratio . It occurs at the end of trends and swings and it’s a serious indication of high probability for a change in trend. Theoretically an 123_pattern is valid when the price closes beyond the level of #2 local top/bottom, a moment when the indicator draws an Entry Arrow,  raises an Alert and a corresponding Position can be opened. The BeST 123_Strategy Indicator is non-repai
BeST_Oscillators Collection is a Composite MT5 Indicato r including the Chaikin ,  Chande and TRIX Oscillators from which by default Chaikin and TRIX Oscillators but not Chande Momentum Oscillator are contained in MT5 platform. It also provides for each Oscillator the option of displaying or not a Mov. Average as a  Signal Line and the resulting Signals as Arrows in a Normal (all arrows) or in a Reverse Mode (without showing up any resulting successive and of same type arrows). Analytically fo
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BeST_Fibonacci Retracement Lines is an MT4 Indicator that by default is based on common  Fibonacci levels but it can also draw any 3 desired levels of Retracement or Support of a trending move. It can be used to identify pullback points but also additionally as a kind of a Trailing Stop . BeST_Fibonacci Retracement Lines indicator: • by default draws 38.2%, 50% and 61.8% Retracement Levels of the current price move defined using the Highest High (HH) and Lowest Low (LL) of a desired Look Back Pe
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BeST_Trend  Scanner is an MT4 Indicator that uses a proprietary algorithm   in order to identify the most likely levels and probable moment for an upside  or a downside trending price move. BeST_Trend  Scanner is a very useful tool that defines in advance and with a high statistical percentage of accuracy the subsequent Resistance & Support Levels of the anticipated upside or downside trending move of price and so When used at its Reverse Entries Mode : It generates Buy or Sell arrows at the ver
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BeST Breakout Strategy
Eleni Koulocheri
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BeST_Breakout Strategy is a Metatrader Indicator based on a proprietary algorithm implementing a very powerful tool that can exploit every breakout leading to huge market movements. It timely locates the most likely points for Entering the Market as well as the most suitable Exit points and can be used successfully as a standalone Trading System which often results in huge profits accompanied by very impressive statistics like Success Ratio and Profit Factor.  The BeST_Breakout Strategy is a
BeST_ Elliot Wave Oscillator Strategies is an MT4 indicator which by default is the difference of two SMAs displayed as a histogram fluctuating around zero while a Signal Line generates Entry Signals either in a Reverse or in a Normal Mode and it is a very powerful tool that very often exploits huge market movements. Signal Line comes in 2 types: Advanced Get Type – like the corresponding one used in the homonym analysis package Mov. Average Type – as a Moving Average of the Elliot Oscillator I
BeST_Keltner Channels Strategies  EA   is an MT4  Expert Advisor that is based on the method developed by Chester W. Keltner described in book “How To Make Money in Commodities” that  Keltner called it the ten-day moving average trading rule. Originally Keltner Channels uses for Central Line a 10-bars SMA of Typical Price and  the 10-bars Average Range (High - Low) with a multiplication factor of 1 for constructing the Boundary Bands. Later several known traders and authors have published modif
BeST_RevEngEMARSI Strategy is an MT4 Indicator that is based on the indicator RevEngEMARSI by Giorgos Siligardos that was presented in his article " Reverse Engineering RSI (II) " ( TASC_Aug 2003 ) as a new variation of his inverse-RSI indicator and which transforms the Exponential moving average of RSI into a curve in the price graph, simplifying the price projection method and improving its visual representation. BeST_RevEngEMARSI Strategy while implementing the crossings with its Moving Aver
BeST_ADX Scalping Strategy is an MT4 Strategy of an Entry and Exit Signals Indicator based on the ADX values that is an excellent tool for scalpers to scalp the currency market multiple times a day for profit . It is built mainly for scalping purposes although it can also be used as a breakout indicator . Its Signals produce a complete and standalone trading system of impressive results . The indicator comes with a new enhanced Real Time Updated Info and Statistics Panel that can improve its ove
BeST_RMO Indicator Strategies is an MT4 Indicator that is based on the corresponding famous Oscillator created by Rahul Mohindar that detects trends in all markets and it can produce Buy and Sell Signals of high winning probability forming a complete and standalone trading system of impressive results. The indicator uses 2 strategies as a selection: i) Classic : produces Reversed Entry Signals by the crossings of zero (0) line  and ii) MAsSignals : produces Reversed Entry Signals using MAs of RM
BeST_Fisher Oscillator Strategies is an MT4 Indicator that is based on the popular Fisher Indicator and it is mainly used to identify trend reversals with a high accuracy .  It is a great forex trading indicator for scalping , day trading and swing trading purposes. The indicator comes with 2 corresponding Strategies of Reversed Entries each one of which can be used either as a standalone Trading System or as an add-on to any Trading System for finding or confirming the most appropriate Entry o
BeST_Hull MAvgs Strategies_EA is an MT4 Expert Advisor based on the Market indicator named  BeST_Hull MAs Directional Strategy  and can make trades according to it or using only 1 HMA while it also applies all common Trade and Risk Management features. Generally the Hull Moving Average (HMA - developed by Alan Hull) is a directional trend indicator. It captures the current state of the market and uses recent price action to determine if conditions are bullish or bearish relative to historical da
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Scarlett Stone
334
Scarlett Stone 2021.06.16 13:25 
 

Wonky. Probably hasn't been upgraded in a while. I can't get the details to load or they load then disappear. When you buy from Metaquotes you take your chances and this was a bust as they are not responsive to customer concerns. the concept of the app is sound but it doesn't work for me on the two computers I tried. If the author can help me with this and it finally does work, I will upgrade this review. Thanks

Eleni Koulocheri
34303
Resposta do desenvolvedor Eleni Koulocheri 2021.06.16 18:50
Hi,
I read your Review on BeST_123_Strategy MT5 and I am sorry for the problem you face. I do not really understand the reason of the problem. In my PC and Laptop everything is OK. Also till now I had no any customer with such a problem. I tried again to reproduce the problem in order to find it and fix it but once more I did not face it in my PC/Laptop.
Anyway I changed some internal functions of the code and I already published the updated version 1.20 of the indicator which I hope will work ok and for you. Please download the new - updated version and let me know if everything is ok/better now.
Hope I helped.
Always here to help. Regards Eleni
Sebastian Schmidt
1391
Sebastian Schmidt 2021.05.02 12:50 
 

absolutely well made and useful indicator, highly recommended

Andre Santos
44
Andre Santos 2021.04.03 02:13 
 

The right tool and support for patterns indicators.

Dunstan Wafula Namusonge
1004
Dunstan Wafula Namusonge 2020.07.08 16:51 
 

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