In this article, we will discuss some important features for Harmonic Pattern Indicator that detects Butterfly, Gartley, Bat, Alternate Bat, AB=CD, Shark, Crab, Deep Crab, Cypher, 5-0 Patterns, 3 Drives Pattern and so on. We provide the harmonic pattern indicator with multiple of built in features. These features are powerful in helping you to trade with better accuracy. If you need to accurately predict the turning point of the market, then Harmonic Pattern Plus is the best tool in its kind. With our own research, our Harmonic Pattern Plus uses the precision harmonic pattern trading as its default trading strategy with Pattern Completion Interval, Potential Continuation Zone and Potential Reversal Zone. Yet, there are many other powerful features built in together for your superb trading experience.
Features for Harmonic Pattern Indicator is listed below:
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.
We have introduced the important concept for Harmonic Pattern Trading including Pattern Completion Interval, Potential Reversal Zone, and Potential Continuation Zone. For the practical application, you will need to blend these three concepts into your trading strategy. If Potential Reversal Zone and Pattern completion interval is concerning your entry, you can use Potential Continuation Zone for your exit. On the other hands, you can even create a trading strategy exclusively using Potential Continuation Zone as an entry and exit too. In this case, the way you trade is not so different from typical support and resistance trading. In terms of prediction power, Potential Continuation Zone will provide much higher accuracy to any other known support resistance lines.
If we compare Potential Reversal Zone and Potential Continuation Zone, I can tell that this is like Yin and Yang in the ancient philosophy. Like female-male, dark-light and old-young, Potential Reversal Zone and Potential Continuation Zone always exists together inseparable. If Potential Reversal Zone exists, then Potential Continuation Zone must exists too. As if a correct balance between Yin and Yang can achieve harmony and great power, we were able to predict the market most accurately with the Harmonic Pattern, which Potential Reversal Zone and Potential Continuation Zone are balanced well. Therefore, you will need to have good understanding on Potential Reversal Zone and Potential Continuation Zone for your successful trading. 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, this book will introduce the rolling ball effect and how to use mutual patterns to control the rolling ball effect while you are predicting the turning point with Harmonic Pattern.