123 Patterns V7.01 nmc Forex indicator technique (MT4)


The technical indicator MT4 Patterns 123 V7.01 nmc automatically identifies the chart 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

version compatible for Metatrader MT4 Build B600 and (nmc: New metatrader compliant )

included
123PatternsV 7.01 nmc.mq4

Broker Online - Broker Stock Exchange : Trading Platform MT4 Metatrader

Interpretation Rules - Trading Signal

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

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

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] Graphic Exchange - Trading Analysis

Trade Example
Exchange and Financial Markets
Instruments - Trading Forex Currency
Swap - symbol EUR / USD
time unit - time Frame: 30 Minutes M30

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