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What is IBFX-PRS?

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What is IBFX-PRS?

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The IBFX-PRS scans multiple currencies and time frames looking for price consolidation patterns. When a forming pattern is identified, traders using the PRS will be alerted. Completed patterns offer traders a look at where the price direction is most likely to head, thus offering a potential take profit region. The IBFX-PRS can be used to spot potentially strong trades, or to confirm the strength of current positions held. IBFX offers the PRS as a free download to all!* *In order to use the IBFX-PRS Tool, you must have an account with IBFX. Funded Live Accounts will have full IBFX-PRS functionality. Demo Accounts will have limited IBFX-PRS functionality. **After opening a new account, it will take up to 1 business day for IBFX-PRS to be activated.

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