123 Pattern 1.0

Metatrader (MT4/MT5) Indicator

"Sometimes you need a little crisis to get your adrenaline flowing and help you realize your potential."
- Jeannette Walls
This indicator finds 123 patterns, also known as continuation patterns, which represent breakouts of consolidated prices in the direction of the trend.
  • Easy to use
  • Customizable colors and sizes
  • It implements breakout signals
  • It implements alerts of all kinds
  • It is non-repainting and non-backpainting
Boost your trading activity with the best 123 patterns indicator ever created for the Metatrader platform.

Screenshots

Settings and Input Parameters

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.

Indicator Settings
The amplitude reprents the size of the patterns to be found. The max. history bars parameter is the amount of bars in the chart to look back. Less bars to evaluate means the indicator will load faster.
Patterns
Choose the colors of the patterns.
Breakouts
Color options for breakouts.
Alerts
Enable or disable alerts at will.
Frequently Asked Questions
Does the indicator repaint?
Does the indicator implement alerts?