[quote=istvan;4140287]
istvan.. i tink you have to consider trading according to trend.. the main trend is up.. so its not so good to take sell positions on 123 patern indicator signal...
this 123 indi from robdee is great, but you have to consider signlas only with main trend. i suggest you to look at normal m5 chart zoomed out to see what is the trend. today we had one great signal on rangebar with 123 indy, long signal.. and when you see the m5 trend it was up.. so the signal was valid..
look at my m5 pic and you will see clear trend... so that sell signal is to riski for me...
DislikedThis is my first update to the original indicator (v4) found in post #1077.
Version 5 changes include:
This is the situation at this time. Let us find out how it unfolds.
Good work Robdee and ZamanibIgnored
istvan.. i tink you have to consider trading according to trend.. the main trend is up.. so its not so good to take sell positions on 123 patern indicator signal...
this 123 indi from robdee is great, but you have to consider signlas only with main trend. i suggest you to look at normal m5 chart zoomed out to see what is the trend. today we had one great signal on rangebar with 123 indy, long signal.. and when you see the m5 trend it was up.. so the signal was valid..
look at my m5 pic and you will see clear trend... so that sell signal is to riski for me...