. 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
Multi Time Frames : an option to select a different time frame of the current time frame for the calculation of the indicator
Use multiple time frame to identify the general trend of short-term market and the long term and help to anticipate the entry and exit of trade items with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
compatible version Metatrader MT4 Build B600 and ( nmc: New metatrader compliant )
included
123PatternsV6.02 & mtf nmc.mq4
Broker Online - Broker Exchange : platform Trading MT4 Metatrader
Interpretation Rules - signals from Trading
* buy signal: Pressure buyer
. Formation 1-2-3 bullish pattern: buy the break of the resistance level of point 2
* Sale signal : Pressure saleswoman
. Formation 1-2-3 bearish pattern: sell the break of the point 2 support level
Learn more about the rules and trading signals:
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] Graphic Exchange - Trading Analysis
Trade Example
Exchange and Financial Markets
Instruments - Trading Currencies Forex
Symbol - Swap: EUR / USD
Session Intraday
time unit UT - time Frame: 5 Minutes M5
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