Harmonic patterns repeatedly occur in the financial markets. Big reversal move often follows the appearance of these patterns. Harmonic patterns are proven to identify the turning point by many professional traders for more than 50 years in the market. It is very rare to see highly successful traders without knowledge of Harmonic Patterns. Traditionally, Harmonic Pattern was identified manually connecting extreme points in charts. This process is painfully tedious and not suitable for everyone. Harmonic Pattern Plus was designed to automate harmonic pattern detection process for professional trader. The functionality of Harmonic Pattern plus is well beyond manual pattern detection and textbook approach. Harmonic Pattern plus even enable you to reply patterns forward and backwards on your charts for backtesting and creating new trading strategy. In addition, you can use Pattern Completion Interval, Potential Reversal Zone, and Potential Continuation Zone to develop unique and powerful trading strategy. You will experience amazing performance using our Harmonic Pattern Plus in your day trading.
Recognizable and Tradable patterns
Indicator Setting and Parameters
Default setting will work most of time. If you want to change how the indicator looks in your chart, you can certainly change them from input setting. All the input settings are self-explanatory. The simple description is given on left hand side columns and you need to change value on your right hand side columns.
Recommended Usage for Your Trading
You can apply it to any timeframe including M1, M5, M15, M30, H1, H4 and daily. You can also apply it to any currency pairs or future contracts tradable if your broker provides them in your MetaTrader terminal.
You can use several different trading setups including:
Of course, for serious trader, you want to squeeze more profits from the market. In that case, you can have a look at the Young’s Mutual Pattern Turning Point Strategy in the book:
You can find above books from all the major EBook distributors including Amazon.com, Barnes & Noble, Kobo.com, and many others.
Buying this product does not include free coding support to build EA or any other indicator.
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