I'm thinking if I should practice identifying patterns manually or just let the ZUP do the job. What do you think?
Once you grasp the concept, you can become a little lazier and start using indi's or even EA's
One more thing do you happen to know or is there anybody here that knows of a zup indicator that only identifies particular set of patterns? Specifically these patterns.
Thanks in advance for answer. Thanks Retlaw.
Here's my first try of drawing and identifying harmonics pattern. I think I there's nothing wrong with them. I think I got them right. But I really don't know if I got it right really. I also don't know yet what to call those patterns. To me they almost look identical. Are those bat, butterflies or gartley or any other pattern maybe. Feedback, suggestions and anything are welcome.
I have two patterns on one of my favorite pair USD/JPY H4.
I have two patterns on EUR/JPY
Two more patterns on GBP/JPY
This might be useful for some, as a setup approach, then each one might use her own method for trade entry.
I also name here some Harmonic Indicators I used, I use these mainly for forex pairs, but applicable for commodities, stocks and other markets too.
Not bragging, since all I have done, spent time to review existing stuff, but anybody looking for harmonic indicators, I suggest to have a look at a post I had about indis a while ago - not too rusty yet!:
Anyways, back to the current subject (of mine for you )..
Built some templates with alerts, still working on finishing just majors, gold, Dax and WTI.
Used several MT4 harmonic indicator inputs - mainly H1 and above TFs - generally up to weekly.
Harmonic indicators used: Korharmonics, THI V1.2, Carney formation seeker (web based), Ga1Search_patterns.
Marked the alert levels for setup, I am using the True TL alert v1.01 (TTL) for pop-up, possibly mail alerts.
Sound alert with the TTL indi is annoying though, since price at these levels might be struggling a lot.
Also marked yearly high and low levels for the banks to know where they need to take action
The alert goes on (and on and on!!) when price is near or at trend lines
I drew horizontal TLs with names of patterns, possibly with entry range, some with recommended SL levels.
NZDUSD I generally find being harmonically a nice pair, so I publish its tpl (template) to be checked by anybody interested, having MT4 to load the template on an empty graph of NzdUsd.
It is just an example, feel free to apply, try and comment PLZ!
This is just harmonics, no entry exactly defined other than the HTF ranges.
This is just a set-up alert for me to start looking for a more precise and defined entry.
Good luck, I will be glad if anybody can use it, or comment for improvement opportunity!
Should look like this when template loaded on NzdUsd MT4 graph:
Great work Gabor - thanks
You need to draw the fibs on those swings to identify a pattern.
Here's a little doc to get you going.
PATTERNS for 116.doc
Thanks again Retlaw. I'll read those docs you provided and study more.
+ Important ZigZag bug fix.
+ MT4: add ROTATE button to rotate charts in JoicyChartsManager (JCM).
+ MT4: JCM now can apply different template to different chart.
+ MT4 JCM: F11 to enter/escape Full-Screen mode.
+ MT4 JCM: now can automatically reload previous session/profile.
+ MT4 JCM: Added Profile Toolbar to save/load session to/from file
+ MT4 JCM: Added Recent Profiles to reload closed session/profile
i have an old version from the indicator , how to upgrade to the latest one?
what do i need to do?
hi guys, anyone kind enough to share harmonic dashboard that scan all pairs all tf showing harmonic patterns?
i got the message "system is not activated" , does it mean mean trial period is over?
can i get another trial?
Im new to harmonic trading and am finding some difficulty getting my entry right, im either too early or too late. How do you guys go about finding an exact PRZ? Do you guys use mulitple confluences? Trend Lines, Fib time zones etc???
all the help is appreciated!
i did All steps have been processed correctly but when i import the temlate on metatrader or fxcm said (system is not Activated)
how can i fix the prolblem can you help me ?
Dose anyone know if there is a newer ZUP than 150 version and if so where can I get it?
I really like this Harmonic Trading. Here is my template and indicators.
#3 FFCal Panel (Black).ex4
_2 Access Panel (Black) (2).ex4
_5 Candles Suite (Black) (2).mq4
_5 Candles Suite (Black).ex4
150 classik + 3 dr + abcd_7_.tpl
see on market mql
© Forex Factory