1. ## 1-2-3 Pattern indicator

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

2. ## 1-2-3 pattern

Originally Posted by funyoo
[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

Cheers,

way2Freedom

3. Originally Posted by way2Freedom
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

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.

4. Originally Posted by funyoo
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.

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. Originally Posted by way2Freedom

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

6. Originally Posted by funyoo
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

it doesn't repaint, does it?

7. Originally Posted by way2Freedom

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

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

9. Originally Posted by psychoo5
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. 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