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Home Forex MT4 Indicators 1-2-3 Pattern Indicator

1-2-3 Pattern Indicator

The 1-2-3 Pattern Indicator is a forex technical price action pattern indicator that recognizes and displays three legs of the 1-2-3 pattern. Additionally, the indicator places Fibonacci extensions on the chart.

The 123 pattern is formed with three waves of price movements that create the 1,2 and 3 legs. This tool is commonly used for trading trend reversals and breakouts.

How to install the 1-2-3 Pattern Indicator on your Metatrader 4 trading platform?

  • Download the indicator by clicking “LINK” button at the bottom of this post.
  • Copy and paste the 1-2-3 Pattern Indicator files into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators.
  • You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
  • Restart your Metatrader 4 Client.
  • Select Chart and Timeframe where you want to test the indicator
  • Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
  • Right click on 1-2-3-pattern-indicator.ex4 and than click “Attach to the chart”.
  • You can modify settings if you need and than click ok.
  • The indicator is ready and running on the chart.

In the archives you will find following Metatrader 4 files included:

  • 1-2-3-pattern-indicator.ex4

1-2-3 Pattern Indicator Free Download

To download the 1-2-3 Pattern Indicator for Metatrader 4 (MT4) for free just click the button below:

1-2-3 Pattern Indicator Free Download

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