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.
[spoiler title=”Read More…”]
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.
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.
[/spoiler]