Understanding The Myths Of Market Trends And Patterns by Forextrendy - HTML preview
Download the book in PDF, ePub, Kindle for a complete version.
Recognizing chart patterns
Professional traders used to analyze chart after chart to find reliable patterns on daily and even intraday time frames. Today, computing power comes into play. Forex Trendy is a software solution able to recognize chart patterns on all charts every second!
34 Forex pairs x 9 time frames = 306 charts!
It has an intelligent algorithm to recognize strong trend lines and discover the
most reliable chart patterns at the current time. You will learn more techniques
about chart patterns in the membership subscription:
- Using Fibonacci technique for multiple Take Profit levels
- Trading “pullbacks” by using Limit Orders for a better entry point
- How market volatility is used to filter false breakouts
- And more supertips!
Click here to watch a video about automated chart pattern recognition
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