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PZ 123 Pattern MT5

Unlock powerful breakout opportunities

The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Clear trading signals
  • Customizable colors and sizes
  • Implements performance statistics
  • Customizable Fibonacci retracement levels
  • Displays suitable stop-loss and take-profit levels
  • The indicator can be used to find continuation or reversal patterns
  • It is non-repainting and non-backpainting
  • It implements email/sound/visual alerts

123 Patterns can present themselves as continuation or reversal patterns. To make things easier, the indicator allows you to choose which type of patterns to look for, making it a fantastic tool for trend or reversal traders.


Settings

When loading the indicator to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks. This is what each block of parameters does.

  • Amplitude - The amplitude represents the minimum amount of bars between alternative price points. To find big patterns, increase the amplitude parameter. To find smaller patterns, decrease the amplitude parameter.
  • Min. Retracement - The minimum Fibonacci retracement needed in a pattern. Set to zero not to evaluate it.
  • Max. Retracement - The maximum Fibonacci retracement possible in a pattern. Set to zero not to evaluate it.
  • Pattern Type - The indicator can look for reversal patterns, continuation patterns or both. Your choice.
  • Max History Bars - Amount of past bars to evaluate when the indicator loads in the chart.
  • Display Stats - Show or hide the statistics dashboard and performance data.
  • Display SL/TP Levels - Show or hide suitable SL and TP levels for each signal.
  • Drawing Options - Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts - Colors and sizes for breakout arrows.
  • Alerts - Enable or disable alerts at will.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


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Georgios Kalomoiropoulos
5 (1)
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Siarhei Vashchylka
5 (10)
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Weis Wave with Alert MT5
Trade The Volume Waves Single Member P.C.
5 (15)
Rental/Lifetime Package Options and Privileges  Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Discord Access Channel "The SI traders"          x Rectangle Break Alert Tool      x How to trade with it:    http://www.tradethevolumewaves.com   ** If you purchase please contact me to setup your  : Two hour  webinar and  training Room and  complet
Yeni Başlayanlar veya Uzman Tüccarlar için En İyi Çözüm! Bu Gösterge benzersiz, yüksek kaliteli ve uygun fiyatlı bir ticaret aracıdır çünkü bir dizi tescilli özellik ve yeni bir formül ekledik. Sadece BİR grafik ile 28 Forex çifti için Döviz Gücünü okuyabilirsiniz! Yeni bir trendin veya scalping fırsatının tam tetik noktasını belirleyebildiğiniz için ticaretinizin nasıl gelişeceğini hayal edin? Kullanım kılavuzu:   buraya tıklayın Bu ilk olan, orijinal! Değersiz bir özenti klonunu almayın.
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Karlo Wilson Vendiola
4.84 (553)
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Roman Podpora
4.67 (15)
VERSION MT4        —        ИНСТРУКЦИЯ RUS           —        INSTRUCTIONS  ENG Ana işlevler: VERME OLMADAN doğru giriş sinyalleri! Bir sinyal belirirse, alakalı kalır! Bu, bir sinyal sağlayıp daha sonra onu değiştirebilen ve mevduatta fon kaybına yol açabilen yeniden çekme göstergelerinden önemli bir farktır. Artık pazara daha büyük bir olasılık ve doğrulukla girebilirsiniz. Ayrıca, ok göründükten sonra hedefe ulaşılıncaya kadar (kar al) veya bir geri dönüş sinyali görünene kadar mumları renkle
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Kwaku Bondzie Ghartey
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Stefano Frisetti
5 (1)
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5 (6)
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Diego Arribas Lopez
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PZ TRADING SLU
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PZ TRADING SLU
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PZ TRADING SLU
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Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boos
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PZ TRADING SLU
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The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Prod
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Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continu
Trade double tops and bottoms effectively The PZ Double Top/Bottom Indicator is a technical analysis tool that helps traders identify potential price reversal patterns in the market. These patterns, known as double tops and bottoms, are characterized by two consecutive peaks or valleys in the price of an asset. Double tops and bottoms are often seen as potential reversal patterns because they can signal a change in the direction of the current trend. [ Installation Guide | Update Guide | Troubl
PZ Supply Demand
PZ TRADING SLU
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Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies
Transform your trading approach with reliable bullish and bearish patterns This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue histogram represents the bullish impulse The red histogram represents the bearish impulse The
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The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as
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PZ TRADING SLU
4.5 (12)
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PZ Pivot Points
PZ TRADING SLU
4.6 (10)
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Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A value of zero means the market is absolutely flat A value of 100 means the marke
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This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
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PZ Correlation
PZ TRADING SLU
5 (2)
In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor
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Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find overbought or oversold currency pairs easily Plot up to six currency
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Filtrele:
Eduardo Gregório
112
Eduardo Gregório 2022.07.05 00:29 
 

Muito ruim. Não comprem. Vão jogar dinheiro na lata do lixo.

marcofi
96
marcofi 2021.10.02 11:54 
 

Kullanıcı incelemeye herhangi bir yorum bırakmadı

İncelemeye yanıt
Sürüm 6.1 2022.01.31
- Recompiled
Sürüm 6.0 2019.04.16
- Drawing bug fix
Sürüm 5.4 2019.04.16
- Bug fix on DeInit.
Sürüm 5.2 2019.04.14
- Added fibo ratios for SL / TP
Sürüm 5.0 2019.04.14
- Added profit targets and stop loss
Sürüm 4.0 2018.06.29
- Added type of signal to find
- Added Fibo ratios
- Added stats