Guide to Harmonic Pattern Plus
Harmonic Pattern is a chart patttern that identifies the potential turning point, also known as reversal point, in Forex and Stock market. Harmonic Pattern is a method of technical analysis based on Fibonacci ratios and patterns in the markets, which is popular among the MetaTrader users. Harmonic Pattern can help traders identify potential reversal points and entry/exit levels. Harmonic Pattern can be applied to any market, such as forex, commodities, indices, and stocks.
Typically, Harmonic pattern is detected using the technical indicator. Harmonic Pattern Indicator is the applied software to detect harmonic patterns in forex or stock chart automatically. You can think this is an automated software to detect various harmonic patterns. The detectable harmonic patterns include Butterfly, Gartley, Bat, Alternate Bat, AB=CD, Shark, Crab, Deep Crab, Cypher, 5-0 Patterns, 3 Drives Pattern and so on.
Harmonic Pattern Plus is the Harmonic Pattern indicator that automatically detects Harmonic Patterns like Butterfly, Gartley, Bat, Alternate Bat, AB=CD, Shark, Crab, Deep Crab, Cypher, 5-0 Patterns, 3 Drives Pattern and so on. In another words, Harmonic Pattern Plus can detect the reversal (turning point) patterns in your chart automatically. Two main elements of Harmonic pattern trading are the pattern recognition and the market timing. Between those two elements, the pattern recognition is the prior task before the market timing. Mostly harmonic patterns consist of five points chart pattern except few patterns.
Harmonic Pattern Plus will recommend you to the potential entry and exit for your trading at turning point. On top of this important features, Harmonic Pattern Plus provides so many powerful features for your live trading for the affordable price. For example, Harmonic Pattern Plus include below advanced features and more.
- 11 Harmonic Pattern Detection
- Automatic stop loss and take profit recognition for superb risk management
- Pattern Completion Interval for precision trading
- Potential Continuation Zone detection for future price prediction
- Potential Reversal Zone detection for Point D identification
- Automatic Channel Detection to go with Harmonic Pattern (Optional)
- Multiple timeframe Pattern Analysis
- Multiple timeframe Pattern Detection
- Guided Trading Instruction for professional traders
- Pattern Locking and Unlocking feature in your chart
- Even more, please find it out.
Here is the introduction video for Harmonic Pattern Plus. You can use this video for training yourself for Harmonic Pattern Scenario Planner too. Please note that you need MetaTrader 4 or MetaTrader 5 installed in your Window to use Harmonic Pattern Plus.
YouTube: https://www.youtube.com/watch?v=CzYUwk5qeCk
Article: https://algotrading-investment.com/2018/10/21/quick-guide-for-harmonic-pattern-plus/
Below are the Links to Harmonic Pattern Plus
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
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