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3-1 Setup Detector (Multi-Timeframe)

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๐Ÿ“Œ 3-1 Setup Detector (Multi-Timeframe) โ€“ Description
The 3-1 Setup Detector (Multi-Timeframe) is a powerful price action indicator designed for The Strat trading method. It automatically detects 3-1 setups, where an outside bar (3) is followed by an inside bar (1), signaling potential breakout opportunities.

๐Ÿ”ฅ Key Features:
โœ… Multi-Timeframe Support โ€“ Works on 1H, 2H, 3H, 4H, 6H, 12H, Daily, 2D, 3D, Weekly, 2W, 3W, Monthly, Quarterly
โœ… Real-Time Alerts โ€“ Get notified when a 3-1 setup forms
โœ… Easy Visualization โ€“ Plots markers on the chart for quick recognition
โœ… Customizable Timeframe โ€“ Select a specific higher timeframe for confirmation

๐Ÿ“Š How It Works:
Identifies an outside bar (3), where the high is higher and the low is lower than the previous bar.
Detects an inside bar (1), where the high is lower and the low is higher than the previous bar.
If a 3-1 sequence occurs, the indicator marks the setup on the chart and triggers an alert.
๐ŸŽฏ Trading Applications:
Breakout Strategy: Trade breakouts when the 3-1 setup forms near key levels.
Reversal Signals: Use in combination with support/resistance for confirmation.
Multi-Timeframe Analysis: Detect setups on higher timeframes while trading lower ones.
๐Ÿš€ Perfect for traders who use The Strat method and want real-time, high-probability trade setups across multiple timeframes!

Penafian

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