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Three Indians

Three Indians

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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.
"Three Indians" is a translation from Russian, probably, there is other name in English, write me it in comments please...))
I will only remind that the system is rather critical to the general situation in the market. The pattern itself in a separation from a market situation is not a signal for trading.

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:

3_ind_along_2.PNG
Author
Salvador
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