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KFX HTF pattern

The KFX High and Tight Flag pattern Indicator is part of the KFX Pattern manual Expert Advisor. The indicator shows the entry level (breakout) with the profit target and the stop loss.

The strategy is based on Thomas Bulkowski's book, Encyclopedia of Chart Patterns second edition.

High and tight Flags are the best performing Chart Pattern in both Bull and Bear markets. They are perfect pattern for trend following.

Suitable for every Currency pair, Options, Commodities, Stocks, Indicies and Timeframes


Benefits

  1. easy to use
  2. High precision
  3. exact entry points with stop loss and take profit
  4. tradable in all CFD markets
  5. No repaint or redraw


Parameters

  • High Tight Flag Pattern Bullish True/False - set it to true to indicate the long trades
  • High Tight Flag Pattern Bearish True/False - set it to true to indicate the short trades
  • Retracement_bars - Bars in the retracement before breakout
  • High Tight Flag - Number of candles on which the pattern is based from the start of the price swing to the end of the price swing.
  • Drawings
    • Draw_Peak_Labels - the letters a, b, c are displayed at the peaks
    • Draw_Lines - the lines for breakout, target and stop loss are displayed
    • Draw_Line_labels - the words breakout, target, and letter c appear at true
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The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history. The indicator calculates Take Profit and Stop Loss marks. Manual and instruction -> Here / MT5 version -> Here How to trade with the indicator:  Trading with T
TPSpro RFI Levels
Roman Podpora
4.83 (24)
Indicators
Reversal First Impulse levels (RFI)    INSTRUCTIONS        RUS       -       ENG              R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Main functions: Displaying activ
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The indicator will help you find support and resistance levels, increase the number of confirmations for stronger levels. This is not a multi-timeframe indicator that refers to the information from other timeframes. But it allows to show strong levels of support and resistance where the price respects a mark two or more times. How to trade: For smaller timeframes up to M30 I recommend at least 3 confirmations. This filters stronger levels with subsequent strong movements. For larger timeframes o
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