I will not give here the system description. It easily can be found in a network.
“Three Indians” is a translation from Russian, probably, there is other name in English, write me it in comments please…))
I will only remind that the system is rather critical to the general situation in the market. The pattern itself in a separation from a market situation is not a signal for trading.
There are two basic methods:
Trade on a trend – less risky method when a pattern crowns with itself the termination of correction of already developed trend, and gives a signal to its continuation:
MT4 Indicators – Download Instructions
Three Indians is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Three Indians provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Three Indians.mq4?
- Download Three Indians.mq4
- Copy Three Indians.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Three Indians.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Three Indians.mq4 is available on your Chart
How to remove Three Indians.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download here: Three Indians