Eagle Pattern (19 Patterns)

X3 Chart Pattern – Forex

Young Ho Seo

www.algotrading-investment.com
Eagle Pattern (19 Patterns) – X3 Chart Pattern

• This study uses non repainting and non lagging Pattern detection algorithm.

• This study uses algorithm that historical pattern is synced with live trading.

• Hence, this study will show both failed and successful pattern to provide the
unbiased results, which is close to real performance.

• The repainting indicator will show the successful pattern only making it hard
to check the real performance of your strategy.
(=Never check the performance using repainting indicator.)
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Eagle Pattern (19 Patterns) – X3 Chart Pattern

• We used Optimum Chart to study this Pattern.

• However, you can also use X3 Chart Pattern Scanner in MetaTrader 4

and MetaTrader 5 to see the similar results although it can scan
multiple timeframes of one symbol for one indicator attachment.

• algotrading-investment.com/2019/07/23/optimum-chart

• algotrading-investment.com/portfolio-item/profitable-pattern-scanner

www.algotrading-investment.com
Eagle Pattern (19 Patterns) – X3 Chart Pattern
• The Eagle Pattern in this study has the following Structure.

• N: 4, C0: 1.000 to T0: 3

• R0: 1.272-1.618, R1: 0.882 - 1.272, R3: 0.700 - 0.886

• Screenshots were taken when these ratios are met purely. No other indicator or confirmation
were used to allow the fair comparison to other price patterns. To compare the accuracy of
Gartley Pattern to Butterfly Pattern, or to compare the accuracy of Harmonic pattern to Elliott
Wave pattern, or to find the most profitable pattern, all patterns should be compared under the
same condition.

• In practice, you will need some secondary confirmation to trade with the price pattern. Use our
books to find out how to trade best with the chart patterns.

www.algotrading-investment.com
• Screenshots were taken when these ratios are met purely. No other indicator or confirmation
were used to allow the fair comparison to other price patterns. To compare the accuracy of
Gartley Pattern to Butterfly Pattern, or to compare the accuracy of Harmonic pattern to Elliott
Wave pattern, or to find the most profitable pattern, all patterns should be compared under the
same condition.

• In practice, you will need some secondary confirmation to trade with the price pattern. Use our
books to find out how to trade best with the chart patterns.
These Books can Help to Increase Success Rate
When You Trade with these Patterns.
• Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart
Pattern (In Forex and Stock Market Trading)

• Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial
Trading)

• Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)

• Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott
Wave, and X3 Chart Pattern)

• Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)

www.algotrading-investment.com