Sanu's Signals

MQL4 Indicatori

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Three Bar Momentum Pattern 1

 

 

 

Example

 

1. Two Smaller Candle (bar1, bar2) to be formed (Bull or bear does not matter)

2. Followed by a BIG Candle (bar3)

3. The body of this BIG Candle bar3 must be 50% Bigger then the two Smaller Candle bars body

Example

Bar1 body is 10pips then bar3 body must be 15pips or more

Bar2 body is 7pips then bar3 body must be 10.5pips or more

 

4. The two smaller Candle (bar1, bar2) The total length is to be calculated

bar1 is 10 + bar2 is 7 = 17

Then the Big Candle (bar3) must be bigger than the total length of the two Smaller Candle (bar1, bar2) combined by minimum 1pip (need edit option)

 

5. When bullish engulfing the top wick must be less then the bottom wick by minimum 0.01 (need edit option)

When bearish engulfing the bottom wick must be less then the top wick by minimum 0.01 (need edit option)

6. Push Alert: Three Bar Momentum Bullish or Three Bar Momentum Bearish

High & Low (the lowest price from the 3 bars and the highest price from the 3 bars)

Currency Pair and Chart Time


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