Harmonic Patterns, Elliott Wave Patterns and X3 Patterns

Profitable patterns are considered as the advanced trading strategy in Forex and Stock market trading. We provided the through instruction of using profitable pattern for your trading. All profitable patterns can be expressed in the structure = right swing  /left swing in RECF notation. You can check the structure of profitable patterns in this article.


Hence, Fibonacci price patterns (retrenchment and expansion patterns), Harmonic Patterns, Elliott Wave patterns and X3 patterns are family in this respect. As I have wrote in my book, geometric support and resistance is the relative of the family.

Profitable Pattern Pattern Scanner provides a approach to control all these profitable patterns except geometric support and resistance. Easiest way of explaining is that take all these patterns as each portfolio of your trading venture. You do not have to keep all these patterns in your portfolio. As Profitable Pattern scanner provides the way to switch on and off each pattern.

First way to manage your pattern portfolio is that to switch off patterns you do not like and keep the patterns you like only. As non repainting and non lagging indicator, you are able to test each pattern through historical patterns visually in your chart. No need to resource anything else.

Second way to manage your patterns portfolio is that to switch off patterns by their category. For example, if you are familiar and big fan of harmonic patterns, then just switch off Elliott Wave pattern category and X3 pattern category. Keep Harmonic Pattern Category in your pattern portfolio.

Third way to manage your patterns portfolio is that to modify and change patterns according to your preferences. In doing so, you need some knowledge of RECF notation. This is probably the most advanced level of managing your pattern portfolio.


Also you read the book: Profitable Patterns in Forex and Stock Market for more complete explanation and complete management of your portfolio with profitable patterns.

These are the three options to manage your pattern portfolio. The profitable patterns are better when they are used together with support and resistance. This is another good point you should make a note in your trading.

Harmonic Pattern Category

*  Optimal AB=CD
*  Optimal Butterfly Pattern
*  Optimal Gartley Pattern
*  Optimal Bat Pattern
*  Optimal Alternate Bat Pattern
*  Optimal Shark Pattern
*  Optimal Crab Pattern
*  Optimal Deep Crab Pattern
*  Optimal Cypher Pattern
*  Optimal 5-0 Pattern
*  Optimal 3 Drives Pattern

Elliott Wave Pattern Category

*  Elliott Wave .1234 Pattern
*  Elliott Wave .12345 Pattern
*  Elliott Wave .12345AB Pattern
*  Elliot Wave .12345ABC Pattern

X3 Pattern Category

*  Star River Pattern
*  Trident Pattern
*  Horse Pattern
*  Eagle Pattern
*  Phoenix pattern

Profitable Pattern Scanner is the most powerful pattern recognition software in the market. Here is the link to Profitable Pattern Scanner.




In addition, this book provides you the best introduction to How to use Profitable Patterns in Forex and Stock market.

Profitable Patterns in Forex and Stock Market (Essential Trading Guide in 12 Hours)



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