Three Indians [ ru ]
|Author:||Denis Orlov (2010.04.19 10:01)|
|Detection of a pattern “three Indians” on the basis of the ZigZag.
About system :
I will not give here the system description. It easily can be found in a network.
There are two basic methods:
Trade on a trend – less risky method when a pattern crowns with itself the termination of correction of already developed trend, and gives a signal to its continuation:
Trade on a turn, more risky method when a global change of the tendency is supposed, in this case waves of the patern should be more significant on the size in relation to a trend or its last wave: