MT5 Harmonic Scanner

MT5 Harmonic Scanner is an App that can scan Harmonic Patterns in the popular Forex trading platform such as in MetaTrader 5 platform. The main idea behind the Harmonic pattern is that price movement is based on the structured relationship defined by Fibonacci ratios. The typical Harmonic patterns are constructed from 4 to 5 price points in your chart. The main application of Harmonic pattern is to identify the potential key turning point in the financial market. The tradable 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 patterns are typically accomplished by reversal traders. Due to the non-lagging advantage over the technical indicators, Harmonic Patterns are used by many professional traders in forex, future, and stock markets. The history of the harmonic pattern goes back to the Gartley’s book “Profits in the Stock Market” in 1935. At that time, Gartley described the trend reversal pattern on page 222 of his book. We provide a range of advanced MT5 harmonic scanners. Below is the list of MT5 Harmonic Scanner. Their price and their features are different. Hence, we do recommend you to choose the right product depending on your budge and desired features. We provide the direct page link for further reading.

1. MT5 Harmonic Pattern Plus

Harmonic Pattern Plus is One of the first automated MT5 Harmonic scanner. Harmonic Pattern Plus can detect 11 most popular harmonic patterns with well-defined trading entries and stops. Pattern Completion Interval, Potential Reversal Zone and Potential Continuation Zone are supported. In addition, other dozens of powerful features are added like Japanese candlestick detection, etc. Because of affordable price, this harmonic pattern detection indicator is loved by many traders. Although this is the repainting indicator, it comes at the affordable price with lots of powerful features.

https://www.mql5.com/en/market/product/4475

https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

2. MT5 Harmonic Pattern Scenario planner

Harmonic Pattern Scenario Planner is an advanced MT5 Harmonic scanner. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. Harmonic Pattern Scenario Planner is the tactical MT5 harmonic scanner designed for Professional harmonic pattern trader. Because of affordable price, this harmonic scanner is loved by many traders. Although this is the repainting indicator, it comes at the affordable price with lots of powerful features.

https://www.mql5.com/en/market/product/6101

https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/

3. MT5 X3 Chart Pattern Scanner

X3 Chart Pattern Scanner is our next generation Harmonic Scanner. X3 Chart Pattern Scanner is non-repainting and non-lagging Harmonic Pattern Scanner. On top of that, this tool can detect Elliott Wave Pattern and X3 Patterns. As a bonus, this scanner can detect around 52 Japanese candlestick patterns for your trading. This is the most advanced Harmonic and Elliott wave pattern scanner in the market. You must try.

https://www.mql5.com/en/market/product/41992

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

Do not forget to download free Volume Spread Zone analysis to use together with MT5 harmonic scanner. You can use Volume Spread Zone Anlaysis as the secondary confirmation technique when you trade with Harmonic Patterns. This tool is available in MetaTrader 5 platform as well as in MetaTrader 4 platform. Get it as this is free tool.

https://algotrading-investment.com/2019/09/06/harmonic-pattern-with-volume-zone-oscillator/

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