Hikkake Pattern (Inside Day False Breakout) – indicator MetaTrader 5
Hikkake Pattern (Inside Day False Breakout) indicator is a trading strategy based on false breakouts. Translated into MQL5 code from Dan Chesler’s article published in April 2004, Active Trader Magazine “Trading False Moves with the Hikkake Pattern”. The basic Hikkake pattern consists of two price bars — two hourly bars, two daily bars, two weekly … Read more