2B Top/Bottom Patterns
The 2B pattern rule applies when prices make a new high or new low; they pull back for a healthy retracement. After the retracement, the price tries to re-test the ‘new’ high or low. When this test of new high or new low fails and the market does not maintain the prices above the new high or below the new low, it signals a potential trend reversal. This setup is very powerful and signals the beginning of a correction.
Key Features:
- Dynamic 2B Pattern Detection. No Delays of showing 2B Setups.
- Marks the 2B Pattern formation
- Plots Signal, Watch, Entry and Stops Automatically
- Adjustable Parameters for 2B Patterns
- Plots Entry setup and Stop dynamically.
- All variables, Colors, Targets are configurable.
- Light weight; Programmed for Efficiency.
- Works with TradeStation 9.+
All Product Licenses: TradeStation 9.5 or TradeStation 10+, Permanent Licenses, One-Time Fee, Single User and Protected Code.
2B Top/Bottom Patterns (Charts)- $595
2B Top/Bottom (Charts + RS) - $795
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