Inside technicals and chart patterns by 
I rely on my “GRaB” charts to visually indicate changes in strength and weakness. The MT4 chart shows the shift to “red” and the weak side of the Wave on the 30 minute swissy.
The plug-in is available for download right from this blog here.
The shift is the first indication of possible weakness to come. Add to that the triangle pattern alert (below) and the momentum set up was taking shape. The 30 minute chart was in a sideways market cycle which is the first filter the run the chart pattern alert through. Finally comes the confirmation indicator, the MACD Histogram. The MACD-H went negative at 6am EST.
This is how you take a chart pattern and set it up with price action and some simple idicators. The trade is price action based but with a few indicatiors (like the Wave and MACD-H) you can filter the chart pattern to make sure it is forming in the ocrrect market cycle and you confirm the break.
Keep it simple!
hi iam vijay from india
i downloaded ur grab indicators
i dont know how to use. how to take decisions using your indicator. where can i find these details