Trend Bars Pro & Chart Patterns
By integrating the Trend Bars Pro into your trading strategy, the breakouts of Chart Patterns like the Harmonics or the Wedges gain additional strength, enhancing the reliability of their signals. The inclusion of Trend Bars Pro not only reinforces the initial confirmation of a pattern breakout but also enables you to actively monitor trades following the breakout. This monitoring process empowers you to make informed decisions based on the evolving market conditions. You can adjust your stop-loss and take-profit levels or plan your exit strategy accordingly, depending on whether the trend persists or undergoes a reversal. This adaptability ensures that you stay responsive to market dynamics and optimize your trading outcomes.
Be sure to check out our Trend Bars Pro section and the sections about the Chart Patterns to fully understand how to spot and trade these signals properly.
How To Use Trend Bars Pro As Breakout Condition For Chart Patterns
Most of our chart patterns, such as the Harmonics or the Wedges, already have the Trend Bars Pro integrated as a breakout condition. If a pattern breakout is detected and the breakout bar is a signal bar like the bearish reversal bar illustrated below, it further strengthens the signal, providing an additional level of confirmation.
Nevertheless, it is crucial to emphasize that this confirmation is only established once the signal bar has completed its closure, maintaining its status as a signal bar throughout. This ensures the signal's validity and solidifies its reliability.
Discover the breakout conditions for the Chart Patterns in our Breakout Conditions section. Unveil the criteria that drive significant market movements, empowering you to make informed trading decisions.