The indicator builds a three-period semaphore and a 123 reversal figure from the extremum. The signal comes at the opening of the second candle.
According to this pattern, you can trade in different ways (point 3 test, breakdown, and others). Channel exit/trend breakdown is the main trigger for finding an entry point.
Blog-Link – 123 Fractal Trading With UPD1
The icons are colored according to the Fibonacci levels. Yellow icons indicate a test of the level at which the signal is amplified.
Using the multi-currency toolbar, you can track in which currencies the 123 pattern was found and how many bars passed after it.
The indicator builds a three-period semaphore and a 123 reversal figure from the extremum. The signal comes at the opening of the second candle.
According to this pattern, you can trade in different ways (point 3 test, breakdown, and others). Channel exit/trend breakdown is the main trigger for finding an entry point.
Blog-Link – 123 Fractal Trading With UPD1
The icons are colored according to the Fibonacci levels. Yellow icons indicate a test of the level at which the signal is amplified.
Using the multi-currency toolbar, you can track in which currencies the 123 pattern was found and how many bars passed after it.
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Input parameters
Bars Count – history to display
Input parameters
Bars Count – history to display
Tooltip – whether or not to show tooltips when hovering over an object
Show Semaphore – enable, disable semaphore
Show 123 – enable, disable the display 123
Period 1, 2, 3 – semaphore period
Period 1, 2, 3 Visual – enable or disable the visual of a particular period
Arrow Coeff Period – the number of bars to calculate
Arrow Coeff – the coefficient of the average value of candles for the formation of the indentation of icons
Period 1, 2, 3 Arrow Code – the code of the wingdings font icon
Period 1, 2, 3 Arrow Size – Arrow size
(<50; 50-76,4; 76,4 -123,6; 123,6-150) UP, DN – fibo color for arrows
Draw Line Objects – 123 visual display (1-3, 1-2-3, 1-2-3-4)
123 UP, DN Color – color
123 UP, DN Width – thickness
Dashboard – enable, disable multi-currency dashboard
Scan Bars to 123 – how many bars in the history to track after the end of 123
Dashboard Zoom % (0 – auto)
Symbol Lyst – write down the tools you need to monitor
View M1-MN – enter monitoring periods
Alert – enable or disable the alert (Current Chart, Dashboard List)
Alert Work Time – alert working time 00:00-23:59 (edited)
Alert Pop Up – pop-up window
Alert Push notification in the app
Alert Email – email notification
Alert Sound – enable or disable sound
Alert Sound Name – sound file
Indicator ID – enter a new value if you want to use more than 1 indicator on one chart
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