123 Trend Continuation Pattern

This simple indicator will help identify the 123 Patterns on the charts. It's build based on the zigzag indicator , which will work as a guideline to identify the 3 points. As soon as the price crosses the third point, the indicator will draw 3 lines: entry, take profit, and stop loss. Those lines will work as a reference and may help with other indicators. This kind of analysis will work on any time frame and symbol, but those markets that have high volatility may have better result
Remover dos scripts favoritos Adicionar aos scripts favoritos


Hi, how do you fix it in a way that it wouldn't draw the entry with the first leg?It does it at times, which is incorrect.
ThiagoSchmitz OutsourcE
@OutsourcE, can you tell me the market and price date where this happens?
OutsourcE ThiagoSchmitz
@ThiagoSchmitz, eurusd,4H, June 22,for e.g.No point 3 ,just 1-2 and breaking for a long.It happens on different instruments every now and then too.
Sorry to say but at most of the places its showing wrong buy n sell symbols. .. I have tried in trend market too.. for Indian markets.
ThiagoSchmitz shreeservices
@shreeservices, it is not mean to be an indicator to follow blindly. It's a support indicator, maybe as an entry indicator or confirmation, but not a full algorythm for trading
Início Rastreador de Fundamentos Rastreador Forex Rastreador de Criptomoedas Calendário Econômico Como Funciona Recursos gráficos Preços Indique um Amigo Regras da Casa Central de Ajuda Soluções para Sites & Corretoras Widgets Soluções em Gráficos Biblioteca de Gráficos Lightweight Blog & Notícias Twitter
Perfil Configurações de perfil Conta e Cobrança Referred friends Coins Meus Tíquetes de Suporte Central de Ajuda Ideias Publicadas Seguidores Seguindo Mensagens Privadas Conversa Deslogar