Swing Continuation Pattern Free

Forex trading provides a plethora of opportunities for traders to make profits. One such opportunity is the utilization of the Swing Continuation Pattern, specifically on the GBPUSD M15 chart. This pattern occurs during a trend direction following a short reversal or pullback, making it a low risk strategy with potentially high rewards.

Key Features of Swing Continuation Pattern

The Swing Continuation Pattern comes packed with a series of features that enhance its performance in the Forex market. The pattern is non-repaint and non-backpaint, which means it provides accurate signals that do not change after they are formed. This ensures that traders can rely on the signals for their trading decisions.

Another significant feature is the Currency Meter Dashboard which acts as a filter for the Swing Continuation Pattern. This feature ensures that the price action is supported by the currency strength, allowing traders to go with both the price trend flow and the currency trend flow. The inclusion of this feature makes the pattern a highly successful model that can identify and filter only the most profitable signals.

Using the Swing Continuation Pattern on GBPUSD M15 Chart

The Swing Continuation Pattern can be utilized on the GBPUSD M15 (15 minutes) pair only in its free version. To use it on all time frames and pairs, traders would need to upgrade to the full version. The usage of the pattern is quite straightforward and involves a few simple steps.

Firstly, traders need to wait for the swing continuation signal to appear. Once the signal is observed, it needs to be confirmed with the currency meter. Following the confirmation, traders can enter the trade and set the stop loss level as indicated by the pattern.

Limitations of the Free Version

It’s important to note that the currency meter does not function in the MT4 strategy tester as all currency values cannot be obtained in the MT4 test mode. Consequently, the currency meter only operates in demo or live environments.

Independent Testing and Updates

For those interested in seeing the product in action, independent testing of the Swing Continuation Pattern is available on the forexroboteasy.com website. Subscriptions for updates on the results of the product testing are also available.

FAQs

Q: Can I use the Swing Continuation Pattern on other currency pairs and time frames?

A: The free version of the Swing Continuation Pattern can only be used on the GBPUSD M15 chart. To use it on all other time frames and currency pairs, you would need to get the full version.

Q: Does the Swing Continuation Pattern repaint?

A: No, the Swing Continuation Pattern does not repaint or backpaint, providing reliable signals for trading.

Q: How can I test the Swing Continuation Pattern?

A: You can watch independent testing of the Swing Continuation Pattern on the forexroboteasy.com website.

We encourage readers to share their experiences of using the Swing Continuation Pattern. This is an independent product review and is written in the third person to maintain neutrality and objectivity.