Forex

PZ Pennants


This index finds pennants, which are continuation patterns which are characterized by convergent
fashion lines surrounding the interval of price consolidation. Trades are indicated using the breakout period along with the breakout
creation.

[ The guide
installation instructions
| The manual
by update
| Elimination
Troubleshooting
| FAQ
| All
products
]

  • easy to use
  • Customizable colors and dimensions
  • implements breakout signs
  • It implements alerts of all kinds

Optimal use

To find pennants of all sizes that may overlap, load the indicator on the graph several times with various sizes,
for example, 6, 12, 18, and 24.

Input parameters

  • Size: The size of the saw patterns, expressed as columns between alternative points.
  • Breakout Period: Donchian period for breakout signals
  • Maximum. History bars: the number of past bars to analyze on the chart
  • Bull Pattern Color: This parameter is self-explanatory
  • Bear Pattern Color: This parameter is self-explanatory
  • Color of continuous patterns: This parameter is self-explanatory
  • Line width: the size of the drawing lines
  • Bullish breakout color: this is the color of the buy arrows
  • Bearish Breakout color: this is the color of the arrows for sale
  • Arrow size: This is the size of the arrows displayed on the chart
  • The name of the custom alert: custom signature for alerts generated by this graph
  • Display alerts: Enable or disable alerts on the screen
  • Email Alerts: Enable or disable email notifications.
  • Push Alerts: Enable or disable Push Alerts.
  • Sound Alerts: Enable or disable sound alerts.
  • Audio file: The audio file that is played when a warning appears on the screen.

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Read More…

This index finds pennants, which are continuation patterns which are characterized by convergent
fashion lines surrounding the interval of price consolidation. Trades are indicated using the breakout period along with the breakout
creation.

[ The guide
installation instructions
| The manual
by update
| Elimination
Troubleshooting
| FAQ
| All
products
]

  • easy to use
  • Customizable colors and dimensions
  • implements breakout signs
  • It implements alerts of all kinds

To find pennants of all sizes that may overlap, load the indicator on the graph several times with various sizes,
for example, 6, 12, 18, and 24.

  • Size: The size of the saw patterns, expressed as columns between alternative points.
  • Breakout Period: Donchian period for breakout signals
  • Maximum. History bars: the number of past bars to analyze on the chart
  • Bull Pattern Color: This parameter is self-explanatory
  • Bear Pattern Color: This parameter is self-explanatory
  • Color of continuous patterns: This parameter is self-explanatory
  • Line width: the size of the drawing lines
  • Bullish breakout color: this is the color of the buy arrows
  • Bearish Breakout color: this is the color of the arrows for sale
  • Arrow size: This is the size of the arrows displayed on the chart
  • The name of the custom alert: custom signature for alerts generated by this graph
  • Display alerts: Enable or disable alerts on the screen
  • Email Alerts: Enable or disable email notifications.
  • Push Alerts: Enable or disable Push Alerts.
  • Sound Alerts: Enable or disable sound alerts.
  • Audio file: The audio file that is played when a warning appears on the screen.

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.



Forexbotreview.com Forex Algo Trading

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