123 Patterns V7 nmc Forex indicator technique (MT4)


The technical indicator MT4 123 Patterns V7 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 to platform trading Metatrader MT4 Build and B600 (nmc: New metatrader compliant)

included
12 3PatternsV7 nmc.ex4
123PatternsV7 nmc.mq4

Broker Online - Broker Exchange : Platform Trading MT4 Metatrader

Interpretation Rules - Signals From Trading

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

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

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Trade Example
Exchange and Financial Markets
Instruments - Trading Currency Forex
Session Intraday trading
symbol - Swap FX EURUSD
Time and Time unit UT - Time Frame 15 Minutes M15

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