Birth of New Trend Tipple Entry Harmonic Pattern Trading

Elliott Wave Trend Guide

Elliott Wave Trend is the sophisticated Elliott Wave tool. We share some useful articles to understand the trading operation with Elliott Wave Trend. Elliott Wave Trend is a good tool to identify the Elliott Wave Pattern in your chart. Basically, to get rid of subjectivity in your Elliott Wave Analysis and to make your prediction more accurate, you can use the two steps outlined below.

1. Building up wave counting using template (or patterns) first
2. Use the Wave score to get the scientific justification or when the wave score is not available, then you can check the correct location of each wave point to judge the valid trading point

Elliott Wave Trend is designed to perform these two steps so that you can predict the market movement with less or no subjecitivity. In another words, this is good system if you are looking for high probabilty trading setup. With some knowledge of Elliott Wave analysis, this tool get rid of a lot of manual wave analysis to save your time and effort. However, you still need some understanding of impulse wave and corrective wave before using Elliott Wave Trend. To help you to understand Elliott Wave Trend, We introduce three articles.
In this article, we will provide some basic features available in Elliott Wave Trend. In addition, this article provide the really simple guide to Automatic Wave Analysis for Impulse and Corrective Waves.
https://algotrading-investment.com/2...nd-tutorial-1/

In this article, we provide the more detailed guide for automatic wave analysis for impulse and corrective waves. In addition, this article provide a demonstration of using automatic wave anlaysis so that you can improve your trading performance.
https://algotrading-investment.com/2...g-performance/

In this article, we provide some theoretical background behind Elliott Wave Analysis. In addition, the article explains the way to improve the accuracy of your market prediction with Elliott Wave Analysis.
https://algotrading-investment.com/2...-elliott-wave/

Here is the links to our Elliott Wave Trend:
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/p...tt-wave-trend/

Excessive Momentum Indicator and Trading Operation

Excessive Momentum Indicator automatically detects the broken balance between supply and demand in the financial market. Detection of this broken balance provides the great market timing for the entry and exit for our trading. In this short article, we explain some of the controllable inputs in the Excessive Momentum Indicator.
There are the four main inputs, controlling the calculation process of Excessive Momentum Indicator. They are:
* Bars To Scan: amount of candle bars to calculate the indicator. Choose bigger numbers if you want to see the calculation over longer historical period.
* Momentum Strength Factor: Momentum Strength is the strength of Excessive Momentum to detect. It can stay between 0.1 and 0.5. In theory, it can go up to 1.0. However, you will not get many signals to trade. The default setting is 0.1. You can try various Momentum Strength Factor to optimize your trading performance if you wish.
* Equilibrium Fractal Wave Scale: This input controls the size of Fractal Wave when we detect the excessive momentum. If you put bigger number, then you get less signals to trade. The default setting is 0.5.
* Detrending Period: This input controls the statistical calculation in the algorithm. It should stay between 20 and 50.
Above four inputs are important because they can affect the number and quality of trading signals. You can use the default setting most of time. However, it is also possible that you can try different inputs and check how they perform in the historical data. Rest of inputs are probably self-explanatory from their name.
Now, let us cover the trading signals. In the Excessive Momentum indicator, you get two signal alerts. Firstly, you will get alert when the Excessive Momentum is starting in the market. In this case, it will notify you the starting price. At this stage, the excessive momentum is not completely expanded yet.
Secondly, you will get alert when the Excessive Momentum is completed in the market. At this stage, you will be notified both starting price and ending price of Excessive Momentum.
Both starting price and ending price of Excessive Momentum form the Excessive Momentum Zone. At which signal you want to trade is up to your choice. You can use the zone as the breakout trading when the zone is narrow. When the zone is sufficiently large, it might be possible to aim some reversal trading opportunity too.
At the same time, this Excessive Momentum Zone can be considered as either Accumulation or Distribution area in the Volume Spread Analysis. You can further find the symptoms of accumulation and distribution area using our Volume Spread Pattern Indicator (Paid and Advanced version) or Volume Spread Pattern Detector (Free and Light version).
YouTube Video Momentum Indicator:

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Below is the landing page for Excessive Momentum Indicator.
https://algotrading-investment.com/p...tum-indicator/
https://www.mql5.com/en/market/product/30641
https://www.mql5.com/en/market/product/30621

Here is the link to Volume Spread Pattern Indicator (Paid and Advanced Version).
https://www.mql5.com/en/market/product/32961
https://www.mql5.com/en/market/product/32960
https://algotrading-investment.com/p...ern-indicator/

Here is the link to Volume Spread Pattern Detector (Free and Light Version).
https://www.mql5.com/en/market/product/28438
https://www.mql5.com/en/market/product/28439
https://algotrading-investment.com/p...tern-detector/

Volatility Indicator for Day Trading

Volatility indicator can help you to detect any statistical advantage for your day trading. Especially, if you are trading with Price Action and Price Patterns, then we recommend using the Volatility indicator together with your strategy. Without the volatility indicator, you can make small and big mistakes often. We provide the advanced volatility indicators for MetaTrader 4 and MetaTrader 5 platform.
Fibonacci Volatility Indicator
Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator and you can set the alert at low and high volatile area in your chart.
https://www.mql5.com/en/market/product/52671
https://www.mql5.com/en/market/product/52670
https://algotrading-investment.com/p...ity-indicator/
Harmonic Volatility Indicator
Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator. Hence, this is the light version of the Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/29008
https://www.mql5.com/en/market/product/29004
https://algotrading-investment.com/p...ity-indicator/
Double Harmonic Volatility Indicator
This is the cheapest Volatility indicator. This indicator is specialized in the Movable Volatility indicator mostly. Hence, if you only need the Movable Volatility indicator and you want to have more cost effective tool, then use this. However, if you want to have more choice in the Volatility visualization, then use either Harmonic Volatility indicator or Fibonacci Volatility indicator.
https://www.mql5.com/en/market/product/23779
https://www.mql5.com/en/market/product/23769
https://algotrading-investment.com/p...ity-indicator/
GARCH improved Nelder Mead – Free indicator
This is free Volatility indicator that implements the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) methods with Nelder Mead algorithm. This is bit of experimental indicator to realize the GARCH (1,1) model. Hence, we provide this indicator for free. It would be interesting to see how this Volatility indicator works for your trading.
https://www.mql5.com/en/market/product/6918
https://www.mql5.com/en/market/product/6910
https://algotrading-investment.com/p...d-nelder-mead/

In addition, you can watch this YouTube video titled as “Volatility Indicator for Day Trading” to feel what the Volatility indicator looks like in MetaTrader 4 and MetaTrader 5 platform.
YouTube Video “Volatility Indicator for Day Trading” :

Supply and Demand Zone with Harmonic Pattern Indicator

Supply and Demand Zone are the most important concept for your trading. Supply and Demand zone can be effectively combined with Harmonic Pattern Indicator to improve your trading performance. This is not about the number but about geometry. Your ability to combine these geometry together with Harmonic Pattern Indicator can typically form the secret trading recipes for your successful career. Here is the list of Supply and Demand Zone Indicator that can go together with your harmonic pattern indicator.
In addition, you can also improve your supply demand zone trading with the turing point probability. In this article, we explain how to improve buy and sell prediction using the supply demand zone trading with the turning point probability.
https://algotrading-investment.com/2...mand-analysis/
We introduce two supply demand zone indicator for MetaTrader 4 and MetaTrader 5. Mean Reversion supply demand is repainting but affordable indicator with tons of features. Ace Supply Demand Zone indicator is the powerful non repainting supply demand zone indicator.

Mean Reversion Supply Demand
Classic supply and demand zone indicator. This tools is the great to produce highly accurate supply and demand zone.
https://www.mql5.com/en/market/product/16823
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/p...supply-demand/

Ace Supply Demand Zone
This is also great supply and demand zone tool extending the ability of Mean Reversion Supply Demand. What is even better? This is non repainting one. This is the great tool for different level of trader.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/

Conquer Profitable Chart Patterns for Forex

Chart Patterns study is the different animal for your trading in comparison to technical indicators. It is the ultimate tool to solve the market geometry for the Forex and Stock market trader. We went beyond any individual in developing the powerful Pattern detection indicators and scanner in last 10 years. These tools are already appreciated by top professional trader in the world. We supply these powerful pattern detection indicator and pattern scanner in both MetaTrader 4 and MetaTrader 5.
1) Harmonic Pattern Plus
One of the first automated Harmonic Pattern detection tool released in 2014. It 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.
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
2) Harmonic Pattern Scenario planner
It is an advanced Harmonic Pattern indicator. On top of the features of Harmonic Pattern Plus, you can also predict future harmonic patterns through simulation. This is the tactical harmonic pattern tool designed for Professional harmonic pattern trader. Because of affordable price, this harmonic pattern detection indicator is loved by many traders.
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
3) X3 Chart Pattern Scanner
X3 Chart Pattern Scanner is our next generation Pattern Scanner. This is non-repainting and non-lagging Harmonic Pattern Indicator. On top of that, this tool can detect Elliott Wave Pattern and X3 Chart Patterns. It can detect over 20 Chart Patterns. The bonus is that you can also detect around 52 Japanese candlestick patterns. In addition, we have added the powerful channel function for more accurate buy and sell decision making.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Together with above indicators, you can also use Volume Spread Zone analysis. Our volume spread analysis is free tools you can use. This means absolutely free to download and to use.
https://algotrading-investment.com/2019/09/06/harmonic-pattern-with-volume-zone-oscillator/

MT4 Supply Demand Zone Indicator

MetaTrader 4 is one of the most popular trading platform since 2010. It is accessible for free of charge for any trader from all over the world. We provide a range of powerful supply demand zone indicator particularly designed for MetaTrader 4 platform.
Here is the list of Advanced Supply Demand Zone Indicator. These supply and demand zone indicators are rich in features with many powerful features to help you to trade the right supply and demand zone to trading.

MT4 – Mean Reversion Supply Demand
Mean Reversion Supply Demand indicator is our earliest supply demand zone indicator and loved by many trader all over the world. It is great to trade with reversal and breakout. You can also fully setup your trading with stop loss and take profit target.
Below are the links to MT4 version of the Mean Reversion Supply Demand indicator.
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/p...-supply-demand

MT4 – Ace Supply Demand Zone Indicator
Ace Supply Demand Zone indicator is our next generation supply demand zone indicator. It was built in non repainting and non lagging algorithm. On top of many powerful features, you can also make use of archived supply and demand zone in your trading to find more accurate trading opportunity.
Below are the links to MT4 version of the Ace Supply Demand Zone indicator.
https://www.mql5.com/en/market/product/40076
https://algotrading-investment.com/p...ly-demand-zone

In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. In terms of indicator operation, both mean reversion supply demand and ace supply demand zone indicator are similar. Hence, you can watch this YouTube Video to accomplish the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”:
For your information, both indicators provides many powerful features to complete for your trading. You can also use this indicators together with Harmonic pattern and Elliott wave pattern indicators.

Gartley Pattern – Harmonic Pattern

This page provides the useful information for Gartley Pattern used in Forex and Stock market. Gartley Pattern is the Harmonic Pattern used by technical analyst. We uses non repainting and non lagging chart pattern detection algorithm. In addition, the pattern detection algorithm is synchrozined between history and live trading. Hence, this study will show both failed and successful pattern to provide the unbiased results, which is close to the real performance. Typically, a repainting indicator will show the successful pattern only making it hard to check the real performance of the chart pattern. Hence, you can not check the real performance of the chart pattern using the repainting indicator. With our pattern detection algorithm, you can trade what you see. That can be done by only one button click to scan entire possible patterns across all symbols.
If you want to become a profitable trader, you should study the strategy in the scientific manner. It basically involves checking the repeatability or reproducibility. We provide this study to enhance your forex and stock trading with the chart patterns. The testing results provide some scientific value for the Fibonacci pattern, Harmonic Pattern, X3 Chart Pattern and Elliott Wave Pattern too.
We used the Optimum Chart to test this pattern. You can also use X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 to get similar results. However, the user interface between MetaTrader version and Optimum Chart version is different. X3 Chart Pattern Scanner in MetaTrader can scan multiple timeframes of one symbol for one indicator attachment whereas the X3 Chart Pattern Scanner in Optimum Chart can scan all symbols + all timeframe for one indicator attachment. Anyway, both version use the same pattern detection algorithm. Hence, both versions are equally powerful.
The Gartley Pattern in this study has the following Structure.

1. N: 3, C0: 0.618 to T0: 3
2. R0: 1.272, R1: 0.382 -0.886, R2: 0.618

Testing results were saved as the screenshots. The screenshots were taken when these ratios are met purely. No other indicator or confirmation were used to allow the fair comparison to other price patterns. For example, to compare the accuracy of Gartley Pattern to Butterfly Pattern, or to compare the accuracy of Harmonic pattern to Elliott Wave pattern, or to compare the accuracy of Harmonic pattern to X3 Chart pattern, etc. Remember the purpose of this work is to provide the most accurate price pattern to trade. Finding the most profitable chart pattern can be done only by comparing apple to apple meaning that each pattern should be compared under the same condition.
In practice, the trader never use the chart pattern alone to trade. Here are some points to watch out when you trade with the chart patterns.

1. Price movement around the Pattern Completion Zone (= Trading Zone) in the chart pattern
2. Risk management around the Trading Zone. Look for the trading entry, where at least, Reward > Risk x 2
3. Possibility for breakout trading around the trading zone (=use them as support and resistance)
4. Look for continuation pattern vs reversal pattern

We recommend these books to find out how to increase the success rate when you trade with these chart patterns.

1. Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern (In Forex and Stock Market Trading)
2. Guide to Precision Harmonic Pattern Trading (Mastering Turning Point Strategy for Financial Trading)
3. Technical Analysis in Forex and Stock Market (Supply Demand Analysis and Support Resistance)
4. Profitable Chart Patterns in Forex and Stock Market (Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern)
5. Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)

Here is the PDF document presenting Gartley Pattern In Forex Market.
https://algotrading-investment.com/m...in%20Forex.pdf
Here is the PDF document presenting Gartley Pattern in Stock Market.
https://algotrading-investment.com/m...k%20Market.pdf
Here is the YouTube Video for Gartly Pattern in Forex Market.

Here is the YouTube Video for Gartley Pattern in Stock Market.

Gartley Pattern Detection was performed using the Robo Advisor built inside Optimum Chart.
https://algotrading-investment.com/2...optimum-chart/
You can also check the similar results using the X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform (Non repainting and non lagging algorithm).
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/
Harmonic Pattern Plus is the repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/p...-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
Harmonic Pattern Scenario Planner is the advanced repainting Harmonic Pattern Scanner with tons of powerful features at affordable cost.
https://algotrading-investment.com/p...nario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240

Price Patterns to Identify the Potential Turning Point and Trend
To understand the technical turning point, it is important to check its connection with economics. For example, in Stock market trading, the underlying value of a company can explain the occurrence of the major turning point in the market. Likewise, in the foreign exchange market, the strength and weakness of a currency is often influenced by the fundamental value of a country. The fundamental and economic data release can cause to change the direction of the current price movement. As a result, they often become the major driving force behind the bullish and bearish turning point. Hence, to understand why an important turning point occurs in the financial market, we recommend you to look at following three cases.

1. Turning point in the Stock market with “Value investing”
2. Turning point in the Forex market with “Fundamental analysis”
3. Pairs Trading with turning point

When you understand the driving force of the turning point in connection with economics, it helps you to follow the flow of the smart money from the investment banks and hedge funds. Besides, the price pattern can also help you to predict the turning point technically. When you apply the price pattern together with the knowledge of the fundamental driving force of the turning point, you can increase your performance marginally. Therefore, it is important to understand the price patterns used by the trading community last 100 years. We list the important price patterns for your technical analysis below.

1. Horizontal support and resistance
2. Diagonal support and resistance (i.e. trend lines)
3. Triangles and wedge patterns
4. Fibonacci analysis
5. Harmonic pattern
6. Elliott wave theory
7. X3 Chart Pattern

To apply these price patterns better in practice, we must understand the origin of these price patterns with the scientific view. Fractal and fractal wave can explain the scientific rational behind these price patterns. Hence, we will look at how these price patterns are connected with “Fractal” and “Fractal Wave”. The scientific knowledge around these price patterns will help you to understand the flow of the financial market as said by Mark Twain “History Doesn’t Repeat, But It Often Rhymes”. In addition, you will find out that “Fractal” and “Fractal Wave” is the powerful tool to overcome the limitation of the modern trend and cycle analysis. The price patterns are in fact the practical application of “Fractal” and “Fractal Wave” in the financial market. Furthermore, we will provide the universal pattern framework to help you understand these price patterns with one unified knowledge. Therefore, we will make use of the X3 Pattern Framework while educating these price patterns.


About this Article
This article is the part taken from the draft version of the Book: Science Of Support, Resistance, Fibonacci Analysis, Harmonic Pattern, Elliott Wave and X3 Chart Pattern. Full version of the book can be found from the link below:
https://algotrading-investment.com/p...monic-pattern/
With Fractal Pattern Scanner, you can quantify your trading opportunity with the support and resistance whether they are diagonal or horizontal. Below is the landing page for Fractal Pattern Scanner in MetaTrader version.
https://www.mql5.com/en/market/product/49170
https://www.mql5.com/en/market/product/49169
https://algotrading-investment.com/p...ttern-scanner/
Below is the landing page for Optimum Chart, which is the standalone tool to scan the trading opportunities for all symbols and all timeframe in one button click.
https://algotrading-investment.com/2...optimum-chart/

Great Technical Indicators for Price Action

Here is the list of great technical indicators for Price Action Trading. Both MetaTrader 4 and MetaTrader 5 versions are available.

1. Chart Pattern MT
Detecting price patterns like Triangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder, Cup and Handle or Cup with Handle, Reverse of Cup and Handle or Cup with Handle. What is even better, this is non repainting indicator, which means great for your trading. Plus this indicator can detect 52 Japanese candlestick patterns.
https://www.mql5.com/en/market/product/24679
https://www.mql5.com/en/market/product/84568
https://algotrading-investment.com/p...chart-pattern/

2. Ace Supply Demand Zone indicator
Ace Supply Demand Zone indicator is a great indicator to extend support and resistance concept into supply and demand zone. This is powerful and great as it uses non repainting and non lagging algorithm.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...supply-demand/

3. Mean Reversion Supply Demand
Mean Reversion Supply Demand is another affordable supply and demand zone trading system but with a lot of rich features. For your information, both ace supply demand zone and mean reversion supply demand use a complete different algorithm.
https://www.mql5.com/en/market/product/16823
https://www.mql5.com/en/market/product/16851
https://algotrading-investment.com/p...supply-demand/

4. Price Breakout Pattern Scanner
Price Breakout Pattern Scanner can also detect price patterns like riangle, Falling Wedge, Rising Wedge, Double Top, Double Bottom, Head and Shoulder, Reverse of Head and Shoulder. In addition, you can use the power of smart renko together.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

Elliott Wave Indicator YouTube Video

Elliott Wave could be complex trading solution in its original form. For example, identifying motive wave and corrective wave in chart can be hard in general. However, it can be simplified with Pattern and Template approach typically used in Artificial intelligence and data mining approach. Based on this idea, we have created a powerful Elliott Wave indicator.
This YouTube video can help you to understand how Elliott Wave indicator can help you with your trading with the implemented Pattern and Template Approach. Check out the video link below.
YouTube Video:
Here is an article you can read in addition to the YouTube video.
https://algotrading-investment.com/2018/10/25/how-elliott-wave-can-improve-your-trading-performance/
Our Elliott Wave Trend is available in both MetaTrader 4 and MetaTrader 5 version.
https://algotrading-investment.com/portfolio-item/elliott-wave-trend/
https://www.mql5.com/en/market/product/16472
https://www.mql5.com/en/market/product/16479

Scan Supply Demand Zone Across All Timeframe

In Ace Supply Demand Zone indicator, you can scan the supply and demand zone across all timeframe for your Forex trading. This is a powerful feature included in Ace Supply Demand Zone indicator. Controlling the Multiple Timeframe scanning is similar to our other MetaTrader products like Harmonic Pattern Plus or X3 Chart Pattern Scanner. You can control them from the inputs under the Multiple Timeframe Scanning. With the inputs, you can enable or disable multiple timeframe scanning. You can also choose to switch on or off specific timeframe from your dashboard. In addition, you can also control how frequently the indicator should scan. The default value for update frequency is M5 timeframe. However, you can use M1 for update frequency if you need to scan them more frequently.
If you enabled email or push notification in the inputs under General Setting, then you can also receive the alert for the detected supply and demand zone as well as the touched supply and demand zone. The thing you need to understand about multiple timeframe scanning is that it requires multiple computation too per each timeframe. The computation can be heavier up to 7 times or more when you enabled M1 to D1 timeframes. Hence, due to data loading issues, the calculation might be stuck sometimes. In that case, just click Show button to refresh all the calculation. Of course, it is possible to switch off the multiple timeframe scanning if you only want to trade one timeframe.
Ace Supply Demand Zone in MetaTrader 4 and MetaTrader 5
In addition, we provide the YouTube video for Ace Supply Demand Zone Indicator. Hence, you can watch this YouTube Video to learn the basic operation with the supply demand zone indicator.
YouTube “Supply Demand Zone Indicator”:
Landing page for Ace Supply Demand Zone.
https://www.mql5.com/en/market/product/40076
https://www.mql5.com/en/market/product/40075
https://algotrading-investment.com/p...y-demand-zone/

Advanced Harmonic Pattern Detection

Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern Detection Indicator. This is probably the most sophisticated harmonic pattern detection indicator in the market. It can detect many harmonic patterns at the price revesal like Gartley Pattern, Butterfly Pattern, Bat pattern and so on. At the same time, you can forsee future harmonic patterns in the price range by just one button click. You can make precision buy and sell entry with the detected harmonic patterns. You can find this indicator for both MetaTrader 4 and MetaTrader 5, which is the most popular trading platform for Forex and Futures.
If you want to avoid any complex feature, then Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus. Hence, it is easy and friendly to use. At the same time, if you do not mind more advanced features, then it combines powerful Monte Carlos Simulation to provide you advanced harmonic pattern search capability. This feature is the most unique feature provided from Harmonic Pattern Scenario Planner. Monte Carlo Simulation can help you to find future reversal points in advance.
For your information, we provide two YouTube videos with title and links below. Although these two videos are not created using the Harmonic Pattern Scenario Planner, you can watch the YouTube Video to feel what is the automated harmonic pattern indicator like.
YouTube “Harmonic Pattern Indicator”:
YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”:
Here is the product link to Harmonic Pattern Scenario Planner. You can find more about the features of this advanced Harmonic Pattern Detection Indicator from the landing page below.
https://algotrading-investment.com/p...nario-planner/
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240

Pattern Completion Zone VS Potential Reversal Zone

In previous chapter, we have described the Pattern Completion Zone, also known as Pattern Completion Interval, in details. Now many harmonic pattern trader can be curious how the Pattern Completion Zone (PCZ) is different from the Potential Reversal Zone (PRZ). In first place, as the PCZ and PRZ are derived from different process, they are different tool to trader. Having said that, the deriving process for PCZ and PRZ might be too complicated causing some traders to confuse the concept of each other. For this reason, we will clarify the difference by directly comparing PCZ and PRZ look. Let us look at the Potential Reversal Zone. So what is Potential Reversal Zone? Simply speaking potential Reversal zone is the area where three or four Fibonacci levels are converging together. Potential Reversal Zone can be used to detect the final Point D of the Harmonic Pattern by projecting several Fibonacci retracements respectively from the point X, A, B and C. The area of the Potential Reversal Zone can be defined by the top and the bottom projected levels in the all projected levels as shown in Figure 5-1.
The main difference between PCZ and PRZ is that Pattern Completion Zone forms the strict Symmetrical Trading Zone around the ideal Point D (Figure 5-3 and Figure 5-4). The Potential Reversal Zone (PRZ) does not form the symmetrical zone. However, the PRZ area formation is dependent on the location of each Fibonacci level projections as shown in Figure 5-1 and Figure 5-2. Sometime PRZ area can form the symmetrical trading zone but it is only by chance. Most of time, Potential Reversal Zone will not form the symmetrical trading zone. On the other hands, Pattern Completion Zone will strictly form symmetrical trading zone for every harmonic pattern. Due to this symmetrical property of the Pattern Completion Zone (= Pattern Completion Interval), trader can use many different trading strategies around the symmetrical trading zone beyond the classic harmonic pattern trading setup. With Pattern completion Zone, you can expand your classic trend reversal entry to hedging and breakout trading by setting identical but opposite trading. For example, for bullish Harmonic Pattern formation, you are able to setup the buy and sell hedging positions or straddle breakout setup around the Pattern Completion Zone. This is possible because the Pattern Completion Zone provides the median open price, which can be mirrored around the Ideal Point D.
In addition, Pattern Completion Zone provides you the direct numerical description corresponding to the size of the Harmonic Pattern. Therefore, the size of symmetrical trading zone around the Pattern Completion Zone is a sensible measurement for your stop loss and take profit for each Harmonic Pattern. Especially, once you have mastered the Pattern Completion Zone for your trading, you can gauge your Reward/Risk Ratio with real time market data without the need of any other additional tools. You can expand this with limit and stop order for better managing your order and risk. Overall, Pattern Completion Zone can provide you precise and fast decision-making process for your Harmonic Pattern Trading. In next chapter, we will continue to show you how the symmetrical trading zone works to manage your order and risk in details.
If you want to access automated Harmonic Pattern Detector, then you can also buy the Harmonic Pattern Plus or X3 Chart Pattern Scanner available in MetaTrader 4 and MetaTrader 5. In Harmonic Pattern Plus, you can access many additional features on top of the harmonic pattern trading signals. For example, you can also access Advanced Channel and around 52 Japanese candlestick pattern. It will also draw the Pattern Completion Interval automatically in your chart helping you to set your stop loss and take profit targets. It is a repainting indicator but it comes at the affordable price.
Below are the Links to Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

If you need more advanced one than Harmonic Pattern Plus, then you can use our X3 Chart Pattern Scanner. X3 Chart Pattern Scanner is the non repainting and non lagging Harmonic Pattern and Elliott Wave Pattern Scanner with multiple of advanced features. You can even customize the patterns you want to detect by changing their pattern structure. At the same time, you can use both repainting and non repainting Harmonic Pattern Indicator together. This means that you can combine to use Harmonic Pattern Plus with X3 Chart Pattern Scanner if you wish.
Below are the Links to X3 Chart Pattern Scanner.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

You can read Guide to Precision Harmonic Pattern Trading to understand more about the Harmonic Pattern Strategy.
https://algotrading-investment.com/p...ttern-trading/

Fractal Wave Channel

In previous chapter, we have introduced the Fractal Wave Channel. Probably it was not hard in term of how to construct Fractal Wave channels. Now the same idea can be extended using the superimposed patterns. Construction of Superimposed Channel can be done in two steps as before. Firstly, we will draw the base line by connecting point 1 and point 3. Secondly, by projecting the base line in parallel to point 2, we can create the channel over the superimposed pattern. It is typically good idea to aim to draw the channel on the 3 points of larger Equilibrium Fractal Wave. The channel on superimposed pattern has stronger prediction power comparing to the channel created from single EFW. If you are not convinced with this idea, then imagine simple two waves interfering. Two waves can interact together either constructive or destructive. To have the constructive interference, two waves must have the peak or trough overlapping in the same position. When the final points of two equilibrium fractal waves end up in the same position, two equilibrium fractal waves will have the constructive relationship. For example, traders recognized EFW 1 as the trading opportunity will join the force together with traders recognized EFW 2 as the trading opportunity. Hence, the superimposed patterns with two or three EFWs will bring much stronger reaction to the market. In general, more EFWs are superimposed together, its prediction power will grow too. Therefore, superimposed patterns are naturally the best location to place your channel.

You can read full article here. This article explains everything about Wave Channel.

https://algotrading-investment.com/2...-wave-channel/

EFW Analytics provide the graphic rich and fully visual trading styles. In default trading strategy, you will be looking at the combined signal from Superimposed pattern + EFW Channel or Superimposed pattern + Superimposed Channel. In addition, you can perform many more trading strategies in a reversal and breakout mode. You can also run two different timeframes in one chart to enforce your trading decision. Sound alert, email and push notification are built inside the indicator.
Below is the link to the EFW Analytics:

https://algotrading-investment.com/p...ave-analytics/
https://www.mql5.com/en/market/product/27703
https://www.mql5.com/en/market/product/27702

Elliott Wave

This article discusses about Elliott Wave including Elliott Wave Theory, Elliott Wave Trading, Elliott Wave counting, Elliott Wave pattern and Elliott Wave education. Ralph Nelson Elliott was one of very first person who believed that he could predict the stock market by studying the repeating patterns in the price series. To prove this idea, he created the Wave Principle. Many years later, the Wave Principle was reintroduced in the Prechter’s Elliott Wave books to investors. The Wave Principle states that the wave patterns are repeating and superimposing on each other forming complex wave patterns. The advantage of Elliott Wave theory is that it is comprehensive as the theory can provide multiple trading entries on different market conditions. Elliott Wave theory can be used for both momentum trading and mean reversion trading. The disadvantage of Elliott Wave theory is that it is more complex comparing to other trading techniques. In addition, there are still some loose ends in detecting Elliott wave patterns. For this reason, many traders heavily criticize the lack of scientific methods of counting Elliott Waves.
The Wave Principle states that the crowd or social behaviour follows a certain wave patterns repeating themselves. The Wave Principle identifies two wave patterns. They are impulse and corrective wave. Often, the term impulse wave is interchangeably used with the motive wave. Two terms are identical. Both motive and impulse wave progress during the main trend phase whereas the corrective wave progress during the corrective phase against the main trend. In general, the Impulse Wave has a five-wave structure, while the Corrective Wave has a three-wave structure (Figure 8-1). It is important to understand that these wave structures can override on smaller wave structure to form greater wave cycle (Figure 8-2). Elliott Wave theory is useful in identifying both trend market and correction market.

You can read full article here. This article explains everything about Elliott Wave and Elliott Wave Indicator.

https://algotrading-investment.com/2.../elliott-wave/

Elliott Wave Trading

Once you have some knowledge about Elliott Wave, there are two ways you can trade with Elliott Wave. First approach is to trade with Elliott Wave counting and second approach is to trade with Elliott Wave pattern. Both methods have pros and cons.
Elliott Wave Counting
Elliott Wave Pattern
If we have to say the point in short, trading with Elliott Wave counting is harder than trading with Elliott Wave pattern. One of the reason behind this is that Elliott wave counting has more chance to add some subjectivity in your trading. Subjectivity is bad because you can not measure the trading performance for your technique. Hence, if you want to tune or to improve your technique, then it is very hard to do so. Elliott wave theory is only general rule with potential to expand to too many possibility. For example, the wave counting done by one trader often does not agree with the wave counting done by other trader for the same chart and for the same subject. Before starting wave counting, you need to understand this. If you want to become successful with wave counting, reducing the subjectivity is the most important task. Hence, we created wave score to tell the integrity of the wave counting as well as to reduce some human error.
For example, before starting with wave counting, you can read these points.
Point 1: Always start your analysis with impulse wave (before corrective wave).
Point 2: Use Fibonacci anlaysis to check the correct position of impulse wave.
Point 3: Use wave score if possible to avoid any human error.
Point 4: Avoid complex wave counting and stick with simple and tradable one.
Point 5: When market does not fit with Elliott Wave theory, then do not trade.
Point 5 is particularly important as some people try too hard to fit Elliott Wave to all market situation. This can introduce overfitting for your wave counting. Overfitted wave counting is useless as they do not have any prediction power but they looks good on chart only. If you are trader, then making money is priority over fitting the wave to the chart. You need to know when to stop and when to start with your wave counting. This can be difficult if you are less experienced with Elliott Wave.
To stick with these important points, we have created Elliott Wave Trend. Elliott Wave Trend is the Elliott Wave indicator. With Elliott Wave Trend, you have some additional tools to reduce the subjectivity with your wave counting. For example, Elliott Wave Trend provides the wave score and some template to start your wave counting. You can check the Elliott Wave Trend from the link below.

https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472
https://algotrading-investment.com/p...tt-wave-trend/
Now let us talk about the second approach, Elliott Wave pattern. Using Fibonacci relationship from Elliott Wave theory, we can create a set of tradable Elliott Wave pattern. Trading Elliott Wave pattern involves to use one of these Elliott Wave pattern to determine buy and sell entry for your trading. Hence, trading with Elliott Wave pattern is more mechanical approach than trading with wave counting. Mostly, the Elliott Wave pattern is constructed using the ratio guide from Elliott Wave theory. The good thing about this approach is that you can tune and improve your trading performance in objective way. For example, you can compare the performance of one Elliott Wave pattern to another Elliott Wave pattern in historical data. It is even possible to compare the Elliott Wave pattern to Harmonic Pattern. Using this approach, we can select the best performing Elliott Wave pattern to trade. This approach is purely driven by the performance. Hence, we can continuosuly improve Elliott Wave pattern for our trading.
For this purpose, we created X3 Chart Pattern Scanner. With X3 Chart Pattern Scanner, you can plug in any Elliott Wave pattern structure to test their trading performance in historical data. After that, you can use better Elliott Wave pattern to trade live. X3 Chart Pattern Scanner is a specialized tool in detecting chart patterns including Harmonic Pattern and Elliott Wave Patterns. Plus it can also detect Japanese Candlestick pattern and advanced channel.

https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/

How Elliott Wave can Improve Your Trading Performance

In this article, we provide some guide to improve trading performance with Elliott Wave Analysis and Elliott Wave Counting. Elliott Wave is sophisticated. This sophistication makes it difficult to judge the trading performance of Elliott Wave in practice. Purely looking at the trading performance, Elliott Wave can introduce some subjectivity. It is true. However, many trader might agree that Elliott Wave can become a powerful tool when we can reduce or get rid of the subjectivity. The fact is that there are many seasoned traders using Elliott Wave successfully in practice. Some of them are high profile traders at the fund management level.
We have already suggested the way to reduce the subjectivity with Elliott Wave counting through the book and some other articles using the “template and pattern approach”.
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
Introduction on the Elliott Wave Trend with Wave Structural Score
The essence in the “Template and Pattern Approach” to count Elliott Wave is:
Building up wave counting using template (or patterns) first
Use the Wave score to get the scientific justification or when the wave score is not available, then you can check the correct location of each wave point to judge the valid trading point
These are the two main things about the “Template and Pattern Approach”. This is the only way to deal with the complex nature of Elliott Wave Trading. Now, in our Elliott Wave Trend, it shows all the available template (or pattern) to trader. This is good thing because you will not miss out any single possibility for your wave counting. At the same time, Elliott Wave Trend shows you both impulse wave structural score and corrective wave structural score.
Now here is important information for your trading. Elliott Wave can provide you trading entry at several different locations. These are not limited list but you can consider it at least. Some trader might prefer one entry over the other. You might create your own entry outside this list.
Entry Option 1) Impulse Wave .123 (= two triangles)
Entry Option 2) Impulse Wave .1234 (= three triangles)
Entry Option 3) Impulse Wave .12345 (= four triangles)
Entry Option 4) Corrective Wave .ABC (= two triangles)
Entry Option 5) Elliott Wave version of Triangle for breakout
You need to set the right template in the Elliott Wave Trend. Note that 1 Equilibrium Fractal Wave = 1 triangle. So if you wish to play with entry option 2, impulse wave .1234, then you will need to set for EFW number = 3. Then Elliott Wave Trend will bring the right template for impulse Wave .1234 (= three triangles).

You can read full article here. This article explains everything about to improve trading performance with Elliott Wave Analysis and Elliott Wave counting.
https://algotrading-investment.com/2...g-performance/

Elliott Wave Trend is a Elliott Wave indicator desinged to help Elliott Wave counting and Elliott Wave pattern detection. With Elliott Wave Trend, you have some additional tools to reduce the subjectivity with your wave counting and pattern detection. For example, Elliott Wave Trend provides the wave score and some template to start your wave counting. You can check the Elliott Wave Trend from the link below.

https://algotrading-investment.com/p...tt-wave-trend/
https://www.mql5.com/en/market/product/16479
https://www.mql5.com/en/market/product/16472

Japanese candlestick patterns with Price Breakout Pattern Scanner

Price Breakout Pattern Scanner can detect the important chart patterns like Triangle, Rising Wedge, Falling Wedge Pattern and so on. In addition, Price Breakout Pattern Scanner detects the Japanese candlestick patterns. Price Breakout Pattern Scanner can detect 52 different Japanese candlestick patterns. Properly used these provided chart patterns and Japanese Candlestick patterns, they can yield excellent trading results.
Japanese Candlestick patterns are categorized under five categories including one, two, three, four and five candlestick patterns. To use Japanese candlestick patterns, you can enable the candlestick pattern from Price Breakout Pattern Scanner input. See the attached screenshot for the purpose. If you wish, you can switch on and off the individual category of patterns according to your preferences. For example, you can only use two and three candlestick patterns if you wish. Japanese candlestick patterns are the supplementary tools when you trade with the chart patterns like Triangle, Rising Wedge, Falling Wedge Patterns. For example, you can use the Japanese candletick patterns as the secondary confirmation when you decide the trading direction of the chart patterns.
You can also receive sound alert, email and push notification when new Japanese candlestick patterns are detected. Here are the links to Price Breakout Pattern Scanner available in MetaTrader 4 and MetaTrader 5.
https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858
https://algotrading-investment.com/p...ttern-scanner/

When you do not know how to use the chart patterns like Triangle, Falling Wedge, Rising Wedge Patterns, the quickest way to learn how to use them is to think them as the diasognal support and resistance. We have a lot of trading education to teach you how to trade with Triangle, Falling Wedge Pattern and Rising Wedge Pattern, Head and shoulder pattern and so on in our website. Below is the link to the Free Trading Education for Forex and Stock trading.
https://algotrading-investment.com/2...ing-education/

Next Generation Volatility Indicator

Introduction to Volatility

Volatility is the most watched variable among the institutional traders because the market volatility have a direct impact on their trading risk. It is not easy to meet up any successful traders without emphasizing the importance of the volatility for their trading. In addition, we can even find countless trading strategies or trading courses based on the market volatility around us. In spite of its high importance, unfortunately, the access to the volatility tools for average traders are not easy in general. It is partly true that the library of the price based technical analysis is ever growing whereas the development in the volatility based technical analysis is almost halt after the invention of Bollinger bands in 1980s by John Bollinger. In general, you can find fewer number of the technical analysis tools based on the volatility in the most of trading or charting platforms. Here is the list of some popular volatility indicators for traders.

• Standard Deviation indicator
• Average True Range indicator
• True Range Indicator
• Keltner Channel
• Bollinger bands indicator

Regardless of fewer tools available to analyse the market volatility for traders, the high importance of watching market volatility will never change in the future. Market can only move as much as the fuels available in the market. Therefore, watching the market volatility will never harm your trading but will do many good things for your trading.

Overview on the Harmonic Volatility Indicator

Harmonic Volatility Indicator was originally developed to overcome the limitation of Gann’s Angle, also known as Gann’s Fan. For this reason, trader can use Harmonic Volatility Indicator like Gann’s Angle (or Gann’s Fan). At the same time, the harmonic volatility indicator bases its core concept on the Volatility and Fibonacci analysis, which is distinctive from the Gann’s Angle. Therefore, the Harmonic Volatility Indicator can offer many other benefits, which are not offered by Gann’s Angle. In this article, we will talk about the Harmonic Volatility Indicator without comparing it to the Gann’s Angle because there are many traders who are not familiar with Gann’s technique.


You can read everything about volatility trading from this original article.

https://algotrading-investment.com/2...ity-indicator/


Fibonacci Volatility Indicator

Fibonacci Volatility indicator can provide the market volatility in visual form in your chart for your trading. You can use Daily, Weekly, Monthly and Yearly Volatility for your trading. The most important application of this Volatility indicator is to detect the potential breakout area, potential bullish reversal area and potential bearish reversal area. When you want to visualize the Volatility for your trading, this is the best tool available in the market. Additionally, you can also use the Movable Volatility indicator and you can set the alert at low and high volatile area in your chart.

https://www.mql5.com/en/market/product/52671
https://www.mql5.com/en/market/product/52670
https://algotrading-investment.com/p...ity-indicator/

Harmonic Volatility Indicator
Harmonic Volatility indicator also provides the market volatility in visual form in your chart for your trading. This tool can be used to visualize the Daily, Weekly, Monthly and Yearly Volatility. The difference between Harmonic Volatility indicator and Fibonacci Volatility indicator is that you can only use Probability Configuration mode in the Harmonic Volatility indicator whereas in the Fibonacci Volatility indicator you can access both Probability Configuration and Z Score configuration. This is cheaper than Fibonacci Volatility indicator. Hence, this is the light version of the Fibonacci Volatility indicator.

https://www.mql5.com/en/market/product/29008
https://www.mql5.com/en/market/product/29004
https://algotrading-investment.com/p...ity-indicator/

Harmonic Pattern Plus Introduction

If you need to predict the turning point of the market, then Harmonic Pattern is the best tool in its kind. With our research, our Harmonic Pattern Plus uses the precision harmonic pattern trading as its default trading strategy with Pattern Completion Zone, Potential Continuation Zone and Potential Reversal Zone. Yet, there are many other powerful features built in together for your superb trading experience. This is a repainting Harmonic Pattern indicator but this one comes will tons of useful features to help you to make more accurate trading decision as well as manaing the trading risk.
11 Harmonic Pattern Detection
Automatic stop loss and take profit recognition for superb risk management
Pattern Completion Zone detection for precision trading
Potential Continuation Zone detection for future price prediction
Potential Reversal Zone detection for Point D identification
52 Japanese Candlestick Pattern Detection (optional to use, you can swtich on and off)
Automatic Channel Detection to go with Harmonic Pattern (Optional to use, you can switch on and off)
Multiple timeframe Pattern Detection across all timeframe
Guided Trading Instruction for professional traders
Pattern Locking and Unlocking feature in your chart
Even more, please find it out.
Below is the landing page for Harmonic Pattern Plus for MetaTrader 4 and MetaTrader 5.
https://algotrading-investment.com/p...-pattern-plus/
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475

You can find “Quick Guide for Harmonic Pattern” from the link below. This article will explain the following topics about Harmonic Pattern.
1. Automatic Reversal (turning point) Pattern Detection
2. Custom Take Profit and Stop Loss based on Pattern Completion Interval
3. Pattern Completion Interval Box (= Pattern Completion Zone)
4. Potential Reversal Zone (PRZ) and Potential Continuation Zone (PCZ)
5. Japanese Candlestick Patterns Detection
6. Automatic Channel
7. Multiple Timeframe Pattern Detection (alert)
8. Steps to improve Trading Performance with Harmonic Pattern Plus
9. Mean Absolute Percent Error (MAPE) in details
Please visit the link below to read the full article “Quick Guide for Harmonic Pattern”. This article is only quick quide though. We also have the book: “Guide to Precision Harmonic Pattern Trading” to explain the important knowedge to trade with Harmonic Pattern in Forex and Stock Market.

https://algotrading-investment.com/2...-pattern-plus/

Harmonic Pattern Indicator Explained

In this article, we will explain the type of Harmonic Pattern Indicator used for Forex and Stock trading. Firstly, there are several variations of Harmonic pattern indicators used by the trading community. Not all the harmonic pattern indicators are the same. The main variations of Harmonic pattern indicators can be categorized as following three different types depending on the algorithm used inside the indicator. Each type of Harmonic Pattern Indicator has its own pros and cons. We will go through each type of Harmonic Pattern Indicator in this article one by one. In addition, we will also discuss the hybrid of these three variations, called non repainting and non lagging Harmonic Pattern Indicator at the end of this article for your information.
Type 1: Non lagging (fast signal) but repainting – option to enter from turning point. Indicator does not show the failed pattern in chart and last pattern can repaint.
Type 2: Lagging (slow signal) but non repainting – no option to enter at turning point. Indicator does not show the failed pattern but last pattern does not repaint.
Type 3: Detecting pattern at point C but repainting – option to enter at turning point. Indicator detect pattern too early and you have to wait until the point D. Pattern may not achieve point D. Indicator does not show the failed pattern and last pattern can repaint.
Type 1. Non lagging (fast signal) but repainting
First type is non lagging but repainting harmonic indicators. This sort of Harmonic pattern indicator is the typical harmonic pattern indicators used by many traders. The advantage is that you do get the signal early as possible. You have an opportunity to trade from the turning point all the ways down to the continued trend. The disadvantage is that you are not able to test your strategy in chart because this type of harmonic pattern indicator does not show the entry of the failed patterns in chart but only successful one. In fact, Harmonic Pattern Plus and Harmonic Pattern Scenario Planner are under this category. They would provide the fastest signal but you will not able to test your strategy in your chart because they do not show the failed entry in chart.

You can read everything about Harmonic Pattern Indicator from this original article.
https://algotrading-investment.com/2...tor-explained/

We will introduce several Harmonic Pattern Indicator based on what we have discussed so far in this article.

X3 Chart Pattern Scanner (Non Repainting + Non Lagging)
Below is the link to X3 Chart Pattern Scanner in MetaTrader 4 and MetaTrader 5 platform. X3 Chart Pattern Scanner is non repainting and non lagging Harmonic Pattern Indicator. In addition, each Harmonic Pattern in X3 Chart Pattern Scanner can be customized to improve trading performance. With tons of powerful features toward the day trading, this is the next generation Harmonic Pattern Indicator.
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/p...ttern-scanner/


In addition, we will introduce two Harmonic Pattern Indicator including Harmonic Pattern Plus and Harmonic Pattern Scenario planner. These Harmonic Pattern Indicator is repainting. However, they provide tons of powerful features at affordable price. Hence, if you do not mind the repainting Harmonic Pattern Indicator, then you can use these two tools. In addition, you can use X3 Chart Pattern Scanner together with Harmonic Pattern Plus or Harmonic Pattern Scenario Planner.
Harmonic Pattern Plus (Type 1)
Harmonic pattern plus is extremely good product for the price. With dozens of powerful features including Pattern Completion Interval, Potential Reversal Zone, Potential Continuation Zone, Automatic Stop loss and take profit sizing.
Below are the Links to Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/p...-pattern-plus/


Harmonic Pattern Scenario Planner (Type 1 + Predictive feature)
With additional features of predicting future harmonic patterns, this is very tactical harmonic pattern indicator with advanced simulation capability on top of the powerful features of harmonic pattern plus.
Below are the Links to Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/p...nario-planner/