Harmonic Pattern Order EA is an order and risk management tool designed to support the Precision Harmonic Pattern Trading. It is the first tool in the world fully adapting the complete guideline behind the Precision Harmonic Pattern Trading. In spite of the sophisticated trading operation, using Harmonic Patter Order EA is extremely simple. With one button click, Harmonic Pattern Order EA will automatically calculate your stop loss and take profit targets for your detected harmonic pattern. It will display you the reward/risk ratio for 12 different order types in real time. With just one button click, you can access to market, limit pending and stop pending orders for the detected harmonic patterns.
Please note that before using Harmonic Pattern Order EA, you need to have a preinstalled Harmonic Pattern Plus or Harmonic Pattern Scenario Planner in your computer. You just need one between them.
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Perfectly compatible with your Harmonic Pattern Plus and Harmonic Pattern Scenario Planner
Support for multiple order execution with both Fibonacci mode and Pattern Completion Interval mode
Automatic Position Close and Pending Order Delete
Support for breakout trading
Support for symmetrical hedging (Buy and Sell)
Real Time Reward/Risk Tracking for Market, Limit and Stop Order
Real Time Break even Win Rate Tracking for Market, Limit and Stop Order
How to Use
Harmonic Pattern Order EA is a professional order and risk management tool designed to work with your Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner). Therefore, you will need to have a Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner) in your computer. Once they are installed, you can just attach Harmonic pattern Order EA like any other Expert Advisor to use it. Harmonic Pattern Order EA will detect the latest pattern automatically from your Harmonic Pattern Plus (or Harmonic Pattern Scenario Planner). Then you can use Harmonic Pattern Order EA to execute advanced order and risk management system.
Indicator Setting and Parameters
Default setting will work without any problem. In the default setting, take profit targets are set for Pattern Completion Interval. If you prefer to use the take profit target with Fibonacci ratio, then just set “UseTakeProfitRatio_CD” = true. Harmonic Pattern Order EA support up to three multiple orders at the same time with different stop loss and take profit targets.
you need to have either MetaTrader 4 or MetaTrader 5 installed in your computer. Since Harmonic Pattern Order EA detects the latest Harmonic Pattern using Harmonic Pattern Plus or Harmonic Pattern Scenario Planner, you will need either of them installed in your computer.