A potential unified gartley is setting up.
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0. 5-0 .6XA
C-point: 0.3-0 .4AB
Entry(limit order): 0.8XA
Stoploss(stop order): 0.9XA
Target(limit order): 2 to 1 RR
Historical performance:
First bar in history: 1999.01.04 07/00/00
Total patterns found: 20
Number of winners: 11
Average winner: 25.0 pips
Probability of win: 55.00%
Average RR: 2.39
R-expectancy: 0.8641
Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0. 5-0 .6XA
C-point: 0.3-0 .4AB
Entry(limit order): 0.8XA
Stoploss(stop order): 0.9XA
Target(limit order): 2 to 1 RR
Historical performance:
First bar in history: 1999.01.04 07/00/00
Total patterns found: 20
Number of winners: 11
Average winner: 25.0 pips
Probability of win: 55.00%
Average RR: 2.39
R-expectancy: 0.8641
Trade active
Trade closed: target reached:
It is important that you do backtest with your own broker yourself and then you trade with the broker that you backtested. Different brokers give different quotes. Thus the results may differ radically. This time I got a win with my broker but on TV it shows a sl: prntscr.com/pm113l
Comment:
TV chart is based on FXCM quotes.
