Hello everyone, today we have a review of not one indicator, but a whole series of indicators that sell for $ 89.99, but we will get to know them for free !!! All this is called the Purple Bills System,there are many indicators, but I really liked the indicators that automatically determine the price action and harmonic patterns.
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|Recommended brokers||NPBFX, ALPARI, Amarkets|
There are many indicators and everyone will find something to their liking, there are arrow indicators, trend indicators, oscillators, information indicators showing the strength of the trend, etc. But as I wrote above, I really liked the indicators for automatically determining price action and harmonic patterns,i will tell you a little about them.
Indicators can determine
Pure price action patterns:
- Double top and bottom
- Triple top and bottom
- Bullish and Bearish pennat
- Head and shoulder
- Falling wedge
Pure price action harmonic patterns:
- The Gartley pattern.
- The butterfly pattern.
- The crab pattern.
- The deep crab pattern.
- The shark pattern.
- The ABCD pattern.
- The BAT pattern.
Indicators draw patterns well and with high quality, each pattern is signed, not redrawn. These indicators are suitable for both a beginner and a professional trader, they will help you easily detect patterns and make further decisions, although graphic patterns are quite a powerful tool, but you should not rely only on them, it is recommended to use them as a confirmation signal to your strategy, AND DON’T FORGET ABOUT CORRECT MONEY MANAGEMENT!!!
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!