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A short trigger is in place sequel to the condition in No. If the light sea green line of the DeMarker Metatrader 4 indicator break and hovers above the 0. If the light sea green line of the DeMarker indicator dips below the 0.

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Sell Entry Rules Enter a sell order if the following holds true: Watch out for the formation of the Quasimodo Short Signal Pattern, which includes the presence of a preceding bulls trend, price is seen to make a fresh high at point 1, then makes a run higher to form a fresh local low at Point 2, surges higher to form a fresh higher high at point 3, price declines to form a fresh lower low at 4 and then surges higher to form resistance around the level from the left shoulder on Point 1 at Point 5.

If the light sea green line of the DeMarker forex indicator breaksand hovers below the 0.


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    4. If the light sea green line of the DeMarker rises above the 0. Easy Installation Start using this forex strategy in just 5 minutes. Share Now! Related Posts.

    Quasimodo Short Signal Pattern. The fifth level in the set up is the trigger, where a short position is taken. Stops are set above the higher high and the take profit level is up to the trader.


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    The fifth leg in this pattern is the trigger for long positions with stops set to at or below the lower low. Quasimodo Long Signal Pattern Examples:. Here is another example of the Quasimodo Long example:. Quasimodo Short Signal Pattern Examples:.

    Quasimodo MT4

    Another example of the Quasimodo Short pattern example is given below:. As we can see from the above, the Quasimodo or Over and Under pattern is a relatively simple pattern, which when used in conjunction with other trading strategies or signals offers a great way to increase the probability of a trade set up. Recommended by ProfitF :.

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    Trading Forex, Binary Options - high level of risk. Please remember these are volatile instruments and there is a high risk of losing your initial investment on each individual transaction.