Victory Price Direction
⭐⭐⭐⭐⭐ Victory Price Direction ⭐⭐⭐⭐⭐
I'm glad to present you my new indicator.
This indicator includes all the best strategies that I have researched. When developing and optimizing, I used ML algorithms.
- A simple and effective indicator of reversals.
- The indicator will help you place Take Profit correctly.
- It will tell you when you need to close the position, which will not allow you to go into a big negative.
- Never redrawn or recalculated.
- The signal is strictly at the "Close of the bar"
- Works on all currency pairs and timeframes.
- Shows excellent results on commodities, stocks and indices.
How to trade
- The default is Strategy_1. If it does not show high statistics on your instrument, then try other strategies (STRATEGY_2, STRATEGY_3)
- Enter the signal if the statistical success rate is higher than 70% and total points more than zero (Statistics Success Rate> 70% and Total points >0).
- Exit a buy trade when a new sell signal appears.
- Exit a sell trade when a new buy signal appears.
- Exit the trade as the signal to close the trade comes.
- Option 1: Take profit at TP1.
- Option 2: Partial profit taking at TP1, closing the remaining position at TP2.
- Option 3: Take profit on the opposite signal or work in a trend before a reversal.
This indicator looks for Gartley, Bat, Butterfly and Crab patterns. It shows the patterns forming in real time with entry/exit points drawn on the chart. The success rates are based on the data in the timeframe you are currently viewing. If the price retraces to at least 0.382 of the C to D leg, it is a success. Otherwise, if the price hits the recommended stop loss, it is a failure.
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
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