Gartley Pattern metatrader indicator (gci, brocotrader)
Indicator allows you to:
1) Build Pesavento patterns and identify the different shapes, for example, patterns Gartley.
2) Automatically display fibyi and show the price value of fib . Build two version of the Fibonacci extensions .
3 ) Build various options Fibo fans (Fibo Fan).
4) Build a pitchfork Andrews , line reaction to vilam Andrews and 50% of the median, 50% of the Andrews pitchfork , lines Schiff ... and all lines that are included Andrews' Pitchfork .
5 ) Build time zones fibo (Fibo Time).
6) Output signal at the appearance of a new ray of ZigZag.
7) The indicator is built into two copies of the indicator i-vts Igor Kim ( Igortranslated this indicator with MQL to MQ4).
8) There is a possibility of constructing a price channel (levels of evidence ) and the levels of previous peaks ZigZag.
9) Build ZigZag Fibonacci.
10 ) search of patterns Gartley
11) Build fibo arcs .
12) Build fibo spiral .
Well, hello ! And a couple of years had passed, if not automatic . notice
What can I say about butterflies?
Not the Grail, but a good thing , as they say must have
Now to the issues
1 .What does the final pattern after the formation of shall we say, came forth , his development - is limited and temporary and price limits (red square) - out for him - it is not our butterfly
Here's say if these proportions are violated , then the pattern could simply disappear Well this is negative . option Let our pattern emerged , wait when he
Starts work So to H4 - can take 3-4 days
2 . stop -loss - under the peak (trough) (RED BOX )