BeST_123 strategy is obviously based upon the 123 pattern which is a regular Reversal Chart Pattern of a very
large Success Ratio.It occurs at the end of tendencies and swings and it’s a serious indication of high probability for a change in
trend.Theoretically an 123_pattern is legitimate once the price closes beyond the level of #2 local top/underside, a moment when the indicator
attracts an Entry Arrow, raises an Alert, and a corresponding Position can be opened.
large Success Ratio.It occurs at the end of tendencies and swings and it’s a serious indication of high probability for a change in
trend.Theoretically an 123_pattern is legitimate once the price closes beyond the level of #2 local top/underside, a moment when the indicator
attracts an Entry Arrow, raises an Alert, and a corresponding Position can be opened.
The optimal/optimally 123_Strategy Indicator is non-repainting and non-backpainting while using it you can get:
- Definite Entry Signals
- TP factors 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
- Definite Entry Signals
- TP factors 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
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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
- 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.
current trade but assuming no Target Exits until the next Entry Signal.
For EA Developers
Buy Arrow: Buffer = 24
Sell Arrow: Buffer = 25
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