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Thread: 1-2-3 Pattern indicator

  1. #1
    Administrator funyoo's Avatar
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    Default 1-2-3 Pattern indicator



    The best 1-2-3 pattern indicator currently available on the web.
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    Default 1-2-3 pattern

    Quote Originally Posted by funyoo View Post
    [IMG]

    The best 1-2-3 pattern indicator currently available on the web.
    Dear funyou,

    How shall I use this pattern? I want to use it for a confirming a signal, so basically it would be perfect if the output of the this indicator is either :

    1 -> if the 123 pattern is for a buy signal
    -1 -> if the 123 pattern is for a sell signal
    0 -> if the 123 pattern has no signals


    Please advice,

    Cheers,

    way2Freedom

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    Quote Originally Posted by way2Freedom View Post
    Dear funyou,

    How shall I use this pattern? I want to use it for a confirming a signal, so basically it would be perfect if the output of the this indicator is either :

    1 -> if the 123 pattern is for a buy signal
    -1 -> if the 123 pattern is for a sell signal
    0 -> if the 123 pattern has no signals


    Please advice,

    Cheers,

    way2Freedom
    Hi way2Freedom,

    When you see :

    - The green trendline, it is a buy signal,
    - The red trendline, it is a sell signal,
    - Nothing, there is no signal.

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    Quote Originally Posted by funyoo View Post
    Hi way2Freedom,

    When you see :

    - The green trendline, it is a buy signal,
    - The red trendline, it is a sell signal,
    - Nothing, there is no signal.
    Thanks for quick reply.

    As I need to use this indicator in a mechanical system. Is there a way to update the indicator to have value as an out put (-1,0,1). In that way I can get the value by using icustom(Null,0,"1-2-3 patter",..,1,i) and based on the output (-1,0,1) I can confirm the signal in a mechanical way.

    Cheers,

    freedome001

  5. #5
    Administrator funyoo's Avatar
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    Quote Originally Posted by way2Freedom View Post
    Thanks for quick reply.

    As I need to use this indicator in a mechanical system. Is there a way to update the indicator to have value as an out put (-1,0,1). In that way I can get the value by using icustom(Null,0,"1-2-3 patter",..,1,i) and based on the output (-1,0,1) I can confirm the signal in a mechanical way.

    Cheers,

    freedome001
    See in the code, there is :

    SetIndexLabel(6,"D_Retrace");
    SetIndexLabel(7,"U_Retrace");

    I think that you can use this :

    icustom(Null,0,"1-2-3 patter",..,6,i)!=EMPTY_VALUE
    or
    icustom(Null,0,"1-2-3 patter",..,7,i)!=EMPTY_VALUE
    or
    icustom(Null,0,"1-2-3 patter",..,6,i)==EMPTY_VALUE && icustom(Null,0,"1-2-3 patter",..,7,i)==EMPTY_VALUE

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    Quote Originally Posted by funyoo View Post
    See in the code, there is :

    SetIndexLabel(6,"D_Retrace");
    SetIndexLabel(7,"U_Retrace");

    I think that you can use this :

    icustom(Null,0,"1-2-3 patter",..,6,i)!=EMPTY_VALUE
    or
    icustom(Null,0,"1-2-3 patter",..,7,i)!=EMPTY_VALUE
    or
    icustom(Null,0,"1-2-3 patter",..,6,i)==EMPTY_VALUE && icustom(Null,0,"1-2-3 patter",..,7,i)==EMPTY_VALUE
    One more question about this indicator

    it doesn't repaint, does it?

  7. #7
    Administrator funyoo's Avatar
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    Quote Originally Posted by way2Freedom View Post
    One more question about this indicator

    it doesn't repaint, does it?
    Yes the trenline is repainting.

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    Hi Funyo it is possible to make EA for this indicator ??

  9. #9
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    Quote Originally Posted by psychoo5 View Post
    Hi Funyo it is possible to make EA for this indicator ??
    Hi psychoo5 and welcome,

    I have tried, but without any success for the moment.

  10. #10
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    Thx i use this fibo with success for break out 78% fibo target 121 161 200 261 and break out 21% target 121 161 200 261 if range buy 21% fibo target 78% fibo
    u do good job thanx for response

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