Description
The “2b pattern” allows you to detect the trend reversal after a false breakout.
It can be used in several ways:
- Detect the end of a trend
- Scalping volatility
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2b pattern: Bearish Signal
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2b pattern: Bullish Signal
This indicator works brilliantly and fits among the best common chart patterns, it is a pattern that forms very often on any timeframe.
Interface of the indicator
- Depth: Value of the period, between a new maximum and a new minimum. This variable affects the size of the Pattern
- Deviation : It is the maximum of points to discard a new extremum. This variable affects the size of the Pattern.
- Backstep : is the maximum of bars to discard a new extremum and replace it, if a new one is found.
- DelaySignal: 2B signal persistence bars (allows you to adjust the persistence time of the signal)
Set Alarm:
In ProRealTime you can use the alarm to receive a real-time notification of the signal. Using alarm you can know at any time if the 2B pattern is occurring on other markets and other time frames.
- Select the market
- Select the time frame
- Set the indicator on the chart or below the chart
- Set the alarm
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To set bearish signal
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To set Bullish Signal
Advantages of using the “2B pattern indicator”:
- Automatically identifies “2B pattern Pattern” and plot them on the price graph.
- Compatible with all instruments
- Compatible with all ordinary timeframes and even on tick-charts!
- Compatible with Heikin ashi, Renko, Ticks, Kagi, Three Line Break, and more
- Any pattern size can be detected at the same time.
- The signal is given in real-time and allows you to operate without any delay
- This product works in any Futures, Forex or Stock/ETF Markets
*** LICENSE INCLUDES: LIFETIME USE AND ALL UPDATES ***
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