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The indicator works on the basis of a unique candle pattern. When a signal from the indicator appears, there is a high probability of a reversal of the price movement, which we use.

The entry is made by closing the signal candle. We set the stop loss for the signal cloud. At the same time, we will have two take profits, the first take profit is equal to the size of the stop loss, we close 50% of the lot on it and transfer the stop loss to no loss. The second take profit is set 2-3 times more than the stop loss.

Here we use 2 take profits to allow the profit to grow, while not forgetting to transfer the stop loss to breakeven when the first take profit is reached to avoid risks.

I recommend using no more than 1-2 of your favorite indicators for additional signal filtering to catch only the most optimal signals.

  • Length – the number of bars to form the pattern, I recommend setting from 3 to 10
  • Size from % – the minimum size of the pattern in %, I recommend setting it from 25 to 55
  • Size to % – the maximum size of the pattern in %, I recommend setting from 60 to 100

These three parameters can be changed directly on the chart during operation or testing in the quick change panel without opening the indicator properties.

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In addition, the indicator has an Alert, a notification of a signal to the mail and a mobile terminal.

I wish you good luck in trading.


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