Price pattern scanner where I choose the pattern 4 replies
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DislikedAlso, why do I have to close and restart metatrader when I add the indicator to the charts. When I first add the indicator it's almost as if it doesn't attach but if I close and reopen mt4 the chart shows up with the patterns. This also happens when I swtich from D1 to H4. If I switch time I have to close and reopen mt4.Ignored
DislikedThat was it thanks myst.
Also, I started watching your pattern on the USDJPY last night. Todays candle hit the 78.6 retracement of the X and A within 10 pips on my charts. This is the first time I have been experienced to the patterns and that is kind of freaky. How often does that happen? I have attached a screen shot in case I'm explaining it wrong. Would the target now be the 61.8 of CD?
Right now I'm only focusing on the Gartley bullish and bearish patterns and the AB=CD. I also only have time to monitor the daily charts and I'm wondering how often are these signals generated.
Edit - I'm also a huge fan of Prison Break. I can't wait for the new season to start.Ignored
DislikedPessavento writes in "Trade What You See:"
"To find the harmonic or vibratory number in a stock or market...find the common swings using length, or in terms of points, that recur over and over... using a 30-minute chart as an example, the easiest way to find the harmonic numbers is to look for an mark in (such as with a line drawing tool) the most common or repetitive swings" (28)
These common swings can be used to help determine pattern completion points and profit targets. Is there an indicator that will find these repetitive swing lengths automatically? or do I have to go through each chart and do this by hand?Ignored
Dislikedthere is one in this thread that works on meta trader called Zup, other than that you can do what I do and use Fib retracement and extention levels I scan for these myself and have developed an eye for the different patterns, I do struggle on some of the patterns within a pattern but I generally trade from the 1Hr, Daily, and 4Hr, I use the smaller time frames to find entry signals If I can't find on on the time frame I'm tradingIgnored