BEST “Price Action” Trading Indicator. FREE DOWNLOAD “Forex 1-2-3 Pattern MT4 MQ4 Trading Indicator & Template” – The 1-2-3 pattern is one of the most popular trading patterns.
Once you’re experienced enough, you will be able to spot them all over the place.
However, like any other pattern, it’s not 100% reliable, but can be used as part of a trading strategy or trading system.
- Time Frame: H1 or higher
- Currency Pairs: Any
- 1-2-3 Pattern
- Download “TraderVersity.Com-123PatternSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-123PatternSystem.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-123PatternSystem” trading system and strategy
- You will see “1-2-3 Fibonacci Retracement System” is available on your Chart
- 1-2-3 Pattern: Green color line
- RSI line: Above the level 55 line
- 1-2-3 Pattern: Red color line
- RSI line: Below the level 45 line