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KT Power Pennant MT4

KT Power Pennant finds and marks the famous pennant pattern on the chart. A pennant is a trend continuation pattern with a significant price movement in one direction, followed by a period of consolidation with converging trend-lines.

Once a pennant pattern is formed, a buy/sell signal is provided using a bullish or bearish breakout after the pattern formation.

MT5 Version is available here https://www.mql5.com/en/market/product/44714


Features

  • Pennant patterns provide a low-risk entry after a period of consolidation, followed by a breakout.
  • When combined with other methods of technical analysis, the signals provided by KT Power Pennant can be advantageous.
  • Consolidation period with lower volume followed by a breakout with increasing volumes provides a high chance of price continuation in trend direction.
  • All Metatrader alerts implemented. 

Input Parameters

  • History Bars:  The number of bars to find historical pennant patterns.
  • Pattern Magnitude: An integer value that decides the pennant pattern magnitude and size.
  • Pattern Formation Color: The color of trend-lines that form the pattern.
  • Pattern Formation Width: The width of trend-lines that from the pattern.
  • The rest of the inputs are self explanatory.
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Receba a sua atualização diária do mercado com detalhes e screenshots através do nosso Morning Briefing aqui no mql5 e no Telegram ! O Volume FX é o PRIMEIRO e ÚNICO indicador de volume que fornece uma visão REAL do sentimento do mercado do ponto de vista de um corretor. Ele fornece uma visão incrível de como os participantes do mercado institucional, como corretores, estão posicionados no mercado Forex, muito mais rápido do que os relatórios COT. Ver essas informações diretamente no seu gráfi
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Identifica os intervalos e os próximos movimentos prováveis   |  Obter os primeiros sinais e a força das tendências   |  Obter saídas claras antes da reversão   |  Detetar os níveis Fibo que o preço irá testar Indicador não repintável e não atrasado - ideal para trading manual e automatizado - adequado para todos os activos e todas as unidades de tempo Oferta por tiempo limitado >>   50% OFF Após a compra,   por favor contacte-me neste canal  para obter as definições recomendadas Versão   MT5 :
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