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This indicator finds Three Drives patterns

pengdirect

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This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen.
 

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  • PZ Three Drives MT5.ex5
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