There is no indicator anywhere that is worth $400.00! There is no holy grail.
There's an old saying: If you don't see what you want, that something that you see.
40 years of winning and losing has taught me 2 valuable lessons among many.
1. Position sizing and risk management are paramount. You must survive to play again tomorrow.
2. There are only 5 basic types of indicators. The main 2 are trend and momentum.
People from all over use simple indicators and just kill it every month. Others do the same with complicated non-sensical indicators.
How? Trading Psychology! Find a system that suits your mindset and stick to your rules.
I have seen several iterations of the 1-2-3 Trend pattern. It's just a name to justify selling plain indicators for big prices. IMHO!
Bulkowski's 1-2-3 pattern helps to detect trend change. The concept has been added into an existing indicator by Mobius called Wolf Waves. This indicator will automatically draw trend lines which include support and resistance marks on your chart. Just select a timeframe of choice and the...