1-2-3 Pattern (Expo)█  Overview 
The 1-2-3 pattern  is the most basic and important formation in the market. Almost every great market move has started with this formation. That is why you must use this pattern to detect the next big trend. In fact, every trader has used the 1-2-3 formation to detect a trend change without realizing it. 
Our  1-2-3 Pattern (Expo) indicator  helps traders quickly identify the 1-2-3 Reversal Pattern automatically. By analyzing the price action data, the indicator shows the pattern in real-time. When the pattern is discovered, the 1-2-3 Pattern (Expo) Indicator notifies you via its built-in alert feature!  Catching the upcoming big move can't be that much simpler. 
█  How to use 
The 1-2-3 pattern is used to spot trend reversals. The pattern indicates that a trend is coming to an end and a new one is forming.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
123pattern
Combo Backtest 123 Reversal & CMOabsThis is combo strategies for get a cumulative signal. 
 First strategy
 This System was created from the Book "How I Tripled My Money In The 
 Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
 The strategy buys at market, if close price is higher than the previous close 
 during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. 
 The strategy sells at market, if close price is lower than the previous close price 
 during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
 Second strategy
    This indicator plots the absolute value of CMO. CMO was developed by Tushar 
    Chande. A scientist, an inventor, and a respected trading system developer, 
    Mr. Chande developed the CMO to capture what he calls "pure momentum". For 
    more definitive information on the CMO and other indicators we recommend the 
    book The New Technical Trader by Tushar Chande and Stanley Kroll.
    The CMO is closely related to, yet unique from, other momentum oriented indicators 
    such as Relative Strength Index, Stochastic, Rate-of-Change, etc. It is most closely 
    related to Welles Wilder`s RSI, yet it differs in several ways:
        - It uses data for both up days and down days in the numerator, thereby directly 
          measuring momentum;
        - The calculations are applied on unsmoothed data. Therefore, short-term extreme 
          movements in price are not hidden. Once calculated, smoothing can be applied to 
          the CMO, if desired;
        - The scale is bounded between +100 and -100, thereby allowing you to clearly see 
          changes in net momentum using the 0 level. The bounded scale also allows you to 
          conveniently compare values across different securities.
 WARNING:
 - For purpose educate only
 - This script to change bars colors.
Combo Strategy 123 Reversal & Bandpass Filter This is combo strategies for get 
 a cumulative signal. Result signal will return 1 if two strategies 
 is long, -1 if all strategies is short and 0 if signals of strategies is not equal.
 First strategy
 This System was created from the Book "How I Tripled My Money In The 
 Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
 The strategy buys at market, if close price is higher than the previous close 
 during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. 
 The strategy sells at market, if close price is lower than the previous close price 
 during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
 Second strategy
 The related article is copyrighted material from
 Stocks & Commodities Mar 2010
 You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
 WARNING:
 - For purpose educate only
 - This script to change bars colors.
Pivot Points High Low ExtensionPivot Points High Low Extension
 See Also:
   - A Simple 1-2-3 Method for Trading Forex 
   - The Classic 1-2-3 Pattern: An Underestimated Powerhouse 
   - Bulkowski's 1-2-3 Trend Change 



