Forex Pattern 1 2 3 Indicator can help the trader who want to trade based on price action patterns but will faces difficulty to find its key because of lack of experience. Some time, even traders can spot the pattern but still confusion of trade entry or exit point. Forex Pattern 1 2 3 Indicator hoped can assist to solve these issues and keep your trading life easier.
Forex 1 2 3 Patterns Indicator |
Zig Zag Lines: This tool shows the trend direction and measures the length of the momentum. this indicator can assists to spot the possible price action pattern.
Trigger Levels: After detects the possible pattern, then a Trigger Level is generated to signal the entry point.
Profit Targets: There are several target levels which set based of Fibonacci Retracement levels. These level can be used after Trigger Level and Signal Arrow appears.
Trading Rule:
Buy Entry:- Zig Zag Lines pointing upwards.
- Buy order when price breaks outs of the Trigger Level upwards.
- Take Profit at Profit Target Levels your desired.
Forex 1 2 3 Patterns Indicator Buy condition |
Sell Entry:
- Zig Zag Lines pointing downwards.
- Sell order when price breaks outs of the Trigger Level downwards.
- Take Profit at Profit Target Levels your desired.
Forex 1 2 3 Patterns Indicator Sell condition |
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