Flag Pattern Pro Forex Indicator copy

Flag Pattern pro is a Price Action (PA) forex indicator that scans the forex continuation patterns known as “Flag and Pennant Patterns” .

Flag and Pennant forex chart patterns are forex continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the flag pole and the retracement is called the flag.

PRODUCT FEATURES

• The Forex Pattern Signals are non-repaint
• The product scans Fx Flag/Pennant patterns on any time frame and currency pair.
• This Forex App comes with a statistics dashboard that shows pattern accuracy.
• Each fx flag pattern has a stop loss and 5 Fibonacci targets .
• The Flag & Pennant scanner also comes with a notification system for when patterns are formed.

INPUT SETTINGS

• Scan Range : Numbers of Forex history bars to scan
• Pattern Period : Used to define the forex indicator pattern points, lower period will scan closer pattern points
• TP1 : First Target Fibonacci Ratio
• TP2 : Second Target Fibonacci Ratio
• TP3 : Third Target Fibonacci Ratio
• TP4 : Fourth Target Fibonacci Ratio
• TP5 : Fifth Target Fibonacci Ratio
• TP6 : Sixth Target Fibonacci Ratio
• Pop Up : Pop Up Alert
• Email : Email Alerts
• Phone : Phone Notifications
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