3 Bar Pullback Forex Chart Patterns Strategy
Table of Contents
This is a strategy where it works on a 1 hour timeframe and higher and applicable to all currency pairs.
- 3 bar pullback;
- Parbolic Sar (0.2, 0.05).
- The signal buy green of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar below the bar.
- The signal Sell red of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar above the the bar.
- Place stop Loss on the supporte indicated by 3 bar pullbact (to see example).
- Profit target: ratio 1/3 Example if stop loss is 100 pips the PT is 130 pips.
Forex Trading Strategies Installation Instructions
3 Bar Pullback Forex Chart Patterns Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
3 Bar Pullback Forex Chart Patterns Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
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How to install 3 Bar Pullback Forex Chart Patterns Strategy?
- Download 3 Bar Pullback Forex Chart Patterns Strategy.zip
- *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Right click on your trading chart and hover on “Template”
- Move right to select 3 Bar Pullback Forex Chart Patterns Strategy
- You will see 3 Bar Pullback Forex Chart Patterns Strategy is available on your Chart
*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.
Click here below to download: