The "Pattern 123" indicator - a new version!
A new version of the "Pattern 123" indicator for MT4 has been published.
After the update, the indicator became even more functional and convenient.
1. Based on traders' request, a new pattern triggering method has been added, in which the price only touches the line from point 2 (parameter "Method for pattern triggering"). Now you don't need to wait for the breakdown of the line price from point 2. Therefore, the signals have become earlier now.
2. Finally, I added a displaying of points 1,2,3 on the chart! Now, a quick glance at the chart is enough to determine the pattern. The status of the points changes dynamically when the pattern is worked out (the "Show points #1,2,3" parameter is enabled).
3. Added two additional Fibo levels for calculating the profit levels. Now the indicator can count from one to five levels of profit for each pattern. The level will not be displayed if it is 0.
All this, together with a non-redrawing zigzag, sound and text messages (supported by sending to mail and phone) makes the "Pattern 123" indicator the best in this class, bypassing by the convenience and functionality of all competitors.
Therefore it is not surprising that many traders choose the "Pattern 123" indicator, leaving the best reviews only.
You can download the trial version of the indicator here.