Three Bar Pullback System

This indicator is based on the Three Bar Pullback System, also known as Beno System.

Long Set Up

  1. Look for 3 consecutive Low-Highs.
  2. The current daily high is above yesterdays high and the current bar’s close is above the close of 10 days ago.
  3. Enter on the open of the next bar. Exit on the close 7 bars later.

Short Set Up

  1. Look for 3 consecutive High-Lows.
  2. The current days Low is below yesterdays Low and the open of the current bar is Lower the open of 10 days ago.
  3. Enter on the open of the next bar. Exit on the close 7 bars later.

Three Bar Pullback

Download

  • File: Beno_System.mq4
  • Size: 7 Kb
Three Bar Pullback System posted by is rated 5 / 5 on 2510 reviews.

Leave a Reply

Your email address will not be published. Required fields are marked *

Protected by WP Anti Spam