CCPS Big M uses exclusive method to finalize pivot points and has more options to refine chart patterns.
Label Tooltip: Show more information of the signal.
Market Trend: Random/Bullish/Bearish. Show pattern if market trend is not required/bullish/bearish. Confirm Candle: Random/Bullish/Bearish. Volume Trend: Random/Up/Down is determined by linear regression. Show pattern if volume trend is not required/up/down. Volume Percentile %: Intraday: 60 (active). Day and above: set at your preference. Range 0-100. A value of 0 means that no filter is applied and all patterns satisfy the condition. A value of 100 means that no pattern satisfies the condition.
Usage: Enter at the open of the next bar after the signal or right when the signal appears (depending on your very own evaluation of the market at that time as sometimes price could reach targets within one bar). Adding caution, a little bit of experience will be needed to recognize if price actually reacts and follows the signals generated by CCPS Big M. Stop-loss suggested by the signal is generated as a quick analysis. In general, you need to have your own deeper analysis to have it. Take profit based on your preference of risk and/or other indicators of target/support/resistance.
Other Features: • Non-repainting: show honest signals on the realtime bar, not on historical bars. • Compact design. • Support alerts.
Markets: All. Developed and tested on: forex. Timeframes: All. Developed and tested on: 30m. User Categories: Breakout Reversal, Bearish.