Currency Pairs: Any
Timeframes: Any
Minimum Deposit: Any
Recommended Account Type: ECN or Raw Spread
Leverage: From 1:30 to 1:1000
Recommend broker: Roboforex
Recommend Vps: GoVPSFX
PZ 123 Pattern Indicator is a technical analysis tool that helps traders identify potential 123 pattern breakouts in the market. These patterns, also known as 123 patterns, are made up of three price points: a bottom, a peak or valley, and a fibonacci retracement between 38.2% and 61.8%. 123 patterns are considered to be powerful and flexible chart patterns that can present themselves as either continuation or reversal patterns.
PZ 123 Pattern Indicator provides clear trading signals to help traders identify these patterns and make informed decisions about their trades. In addition to identifying 123 patterns, the indicator also provides performance statistics, customizable fibonacci retracement levels, and displays suitable stop-loss and take-profit levels to help traders manage their trades.
Some other features of the PZ 123 Pattern Indicator include customizable colors and sizes, email/sound/visual alerts, and clear breakout signals. This indicator is non-repainting and non-backpainting, making it reliable and easy to use. It can be used to find continuation or reversal patterns and can be a valuable tool for both trend and reversal traders looking to capitalize on potential 123 pattern breakouts in the market. The indicator allows you to choose which type of patterns to look for, making it a fantastic tool for all types of traders.
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