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123Pattern Strategy

PostPosted: Thu Jan 23, 2014 4:30 am
by moomoofx
As requested on here: viewtopic.php?f=17&t=10444&start=10#p55409

A strategy based off the 123Pattern Indicator. Can also be used for signals only, just disable trading.

It also has a parameter to choose Instant Execution or Wait for Bar to close. This is because the price may cross the breakout and then close back behind it.

123PatternV6.png


Cheers,
MooMooFX

Re: 123Pattern Strategy

PostPosted: Wed Mar 05, 2014 6:06 am
by automan
This strategy works fine, good job :)

Would it be possible to add an option to check that last signal was oppsosite to current?

For example if i am long and want to take profit after 30 pips then the strategy would wait for the sell signal before it open any new buy

now when using take profit (specially breakout strategys) it open a new buy if the buy signal is valid

hope you understand what i mean on bad english ;)

Re: 123Pattern Strategy

PostPosted: Thu Mar 06, 2014 4:13 am
by moomoofx
Requirements are understood, and your request has been added to the to-do list.

Cheers,
MooMooFX

Re: 123Pattern Strategy

PostPosted: Sun Jun 01, 2014 3:00 am
by moomoofx
Hi,

> Would it be possible to add an option to check that last signal was oppsosite to current?
The strategy has been updated with a parameter called 'In turns' that can be used to control this behavior.

Cheers,
MooMooFX

Re: 123Pattern Strategy

PostPosted: Thu Jun 05, 2014 4:16 am
by Miguelator
Thanks for sharing your knowledge

Sounds like a good strategy, but I would like to use with Renko charts
It is possible to adapt?
Example: Run after brick closed after break?

Thank you very much in advance
regards

Re: 123Pattern Strategy

PostPosted: Thu Jun 05, 2014 7:51 am
by Apprentice
Your request is added to the development list.

Re: 123Pattern Strategy

PostPosted: Fri Apr 17, 2015 5:02 am
by rhianna
Thank you for the strategy. I tested it in small time-frames and it works great. I will let you know if i find any issues in bigger time-frames especially on daily charts.

Re: 123Pattern Strategy

PostPosted: Thu Feb 04, 2016 4:27 pm
by Atmotrader
Hello,

when I start the strategie the following error message comes up:
"attempt to call field 'autoBuffer' (a nil value)"

Can you please fix this?

Thank you!

Re: 123Pattern Strategy

PostPosted: Wed Dec 14, 2016 6:29 am
by Apprentice
Strategy was revised and updated.

Re: 123Pattern Strategy

PostPosted: Thu Nov 16, 2017 1:34 pm
by ANTONIO
hi,
when I start the strategie the following error message comes up:
"attempt to call field 'autoBuffer' (a nil value)"

Can you please fix this?

Thank you!