Take Profit and Stop Loss in X3 Chart Pattern Scanner
<p>Take Profit and Stop Loss in X3 Chart Pattern Scanner X3 Chart Pattern Scanner is also using the risk management concept with Pattern Completion Interval for your trading. Must remember that trading without having good reward/Risk ratio is useless. They can blow your account pretty quickly. Please make sure that you understand the role of Pattern Completion Interval and how it can help for your trading. In X3 Chart Pattern Scanner, your stop loss and take profit is controlled for individual patterns. This is the main difference from Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. Since X3 Chart Pattern Scanner have different categories of patterns like Elliott Wave patterns, Harmonic patterns and X3 patterns, you can apply different money management scheme if you wish. To change your stop loss and take profit, scroll down in your input. Stop Loss = 1 means that it is size of 1 x Pattern Completion Interval Box. Take Profit = 2.5 means that it is size of 2.5 x Pattern Compl</p>
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