13 3 bar Pullback Forex Trading System

Submit by Joy22

 

Time frame h1 or higher.

Currency Pair:all.

Indicators:

3 bar pullback;

Parbolic Sar (0.2, 0.05).

 

Long Entry

The signal buy green of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar below the bar.

 

Short Entry

The signal Sell red of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar above the the bar.

 

Exit Position

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 metatrader pattern indicator: 3 Bar Pullback
Forex metatrader pattern indicator: 3 Bar Pullback, this indicator help you on the trade based on the retracement.
3barpullback.rar
compressed file archive 1.3 KB

 

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