Trading Instruction for Harmonic Pattern
In this article, we will provide several points related to the trading instruction regards to the Harmonic Pattern in Forex and Stock market as well as the risk management. The harmonic patterns used by the trading community include Butterfly, Gartley, Bat, Alternate Bat, AB=CD, Shark, Crab, Deep Crab, Cypher, 5-0 Patterns, 3 Drives Pattern and so on. Harmonic Pattern trading is popular trading strategy and we are the first one who combined the risk management with harmonic pattern trading. Here is a simple short article sought by thousands of harmonic pattern traders. Do not miss to read by yourself.
Article Title: Trading Instruction Explained for Harmonic Pattern Plus
For your information, above article can be downloaded as pdf file and you can read it without any restriction. It is just simple pdf file anyway. You can get the same article from several website but above link is the very original uploaded by the author. If you want to learn more about Harmonic Pattern Indicators (like their types and operational mode). Then you can also read this article.
https://algotrading-investment.com/2019/08/11/harmonic-pattern-indicator-explained-2/
1. Harmonic Pattern Plus (2014)
Harmonic Pattern Plus is one of the first automated Harmonic Pattern detection tool released in 2014. It can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Zone, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, and automatic channel detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Still this is the first choice day trading tool for many new Forex traders.
Below are the Links to Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2. Harmonic Pattern Scenario Planner (2014)
Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern indicator with many tactical features. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. This tool is sought by many experienced Forex traders.
Below are the Links to Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
In fact, all above trading setup is discussed in detail with the Book: Guide to Precision Harmonic Pattern Trading. If you want to learn harmonic pattern trading, then this is a good book to start with. The book provides you the trading strategy. It will also explain some practical concepts to trade with Harmonic Pattern including Pattern Completion Interval, Potential Reversal Zone, and Potential Continuation Zone. The book will help you to to identify the favorable entry and exit timing with sound risk management concept. The book is available in all the major ebook distributors.
https://algotrading-investment.com/2019/07/23/trading-education/
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