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Breakout Scanner 123 Pattern
Overview
As technology continues to evolve, forex trading has seen the advent of various software designed to enhance market analysis and trading strategies. One such software that has been making waves in the forex trading community is the ‘Breakout Scanner 123’. This high-precision forex trading software is geared towards assisting traders in making informed trading decisions.
Functionality of the Breakout Scanner 123
The Breakout Scanner 123 is a forex trading software designed to scan up to 1600 symbols-timeframes simultaneously. This feature provides traders with a comprehensive overview of the market. It’s worth noting that the software doesn’t repaint or lag, ensuring accurate and real-time market analysis.
The software also includes a unique user interface that allows traders to select their preferred symbols and timeframes with just a few clicks. To enable this, the software uses optimal search algorithms for high-speed performance compared to similar products.
Understanding the 123 Pattern Strategy
The Breakout Scanner 123 utilizes a strategy concept based on the breakout of important price levels. The 123 pattern strategy is simple yet effective, often yielding the best results. The strategy begins by identifying three main points on the price chart. Once the pattern is complete, the strategy is to sell the currency pair on the break of point 2, with the take-profit and stop loss set to maximize the risk-to-reward ratio.
Customizable Features
One of the standout features of the Breakout Scanner 123 is its customizable settings. The software allows traders to set their preferred pivot search settings, including depth, deviation, and steps. Furthermore, traders can set the software to auto-scan and receive notifications at specified periods.
Future Upgrades
The developers of Breakout Scanner 123 have plans to incorporate additional features in future versions. Potential upgrades may include a divergence filter to assist in pattern formation and the addition of other popular patterns for a more robust trading strategy.
FAQs
Does the Breakout Scanner 123 repaint?
No, the software does not repaint or lag, ensuring accurate and real-time market analysis.
How many symbols can the Breakout Scanner 123 scan simultaneously?
The software can scan up to 1600 symbols-timeframes simultaneously.
What are the future plans for the Breakout Scanner 123?
Future upgrades may include a divergence filter for pattern formation and the addition of other popular patterns.
For those interested in seeing this high-precision forex software in action, independent testing of the Breakout Scanner 123 can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product. We encourage readers to share their experiences of using this product as part of the broader forex trading community.
This review is an independent analysis of the Breakout Scanner 123 software, and the views expressed herein are solely based on a thorough examination of the product’s features and user feedback. We do not hold any affiliation with the product or its developers.
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