1-2-3 Pattern Indicator Forex indicator technique (MT4)


The technical indicator MT4 1-2-3 Pattern Indicator automatically identifies and marks on the graph Figures price or bullish pattern 1-2-3 or Baissieres.

. 1-2-3 bullish or bullish

Item 1: The prices marked a level lower prices

Item 2: Fixed price, the price retraces upwards
and mark a price level above

Item 3: The action of price forms a new swing and mark a level lower prices above the level of point 1
the price fails to break the level of point 1
the level of point 2 represents a resistance level


1-2-3 bearish or bearish
item 1 the course price represents a price level above
Item 2: Fixed price, the price retraces down and mark a level lower prices
Item 3: the price action forms a new swing and brand level highest price below the level of point 1
the price fails to break the level of point 1
the level of point 2 represents a support level

a level of resistance / support is drawn to the point 2 of the pattern

Broker Online - Broker Exchange : Trading platform Metatrader MT4

Interpretation Rules - signals From Trading

* Buy signal: Forecasts trend bullish
. Formation 1-2-3 bullish pattern: buy the break of the resistance level of point 2

* Selling signal: bearish trend forecast
. Formation 1-2-3 bearish pattern: sell the break of the point 2 support level

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Trade Example
Stock Markets Financial
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Symbol - Swap FX EUR / USD
Time and Time unit UT - Time Frame 1 hour H1

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