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Harmonic and Classic Patterns

  • #101
  • Jul 28, 2009 12:07pm Jul 28, 2009 12:07pm
Hello, I just want to clarify what i think:

On an AB=CD pattern...you do a fib retrace clicking on the C point and dragging up to D Right?

then your profit target is 61.8%?

Is this correct.

Thanks!
  • #102
  • Jul 28, 2009 4:15pm Jul 28, 2009 4:15pm
Quoting pilotui
Hello, I just want to clarify what i think:

On an AB=CD pattern...you do a fib retrace clicking on the C point and dragging up to D Right?

then your profit target is 61.8%?

Is this correct.

Thanks!
Yes, when CD legs is completed (around 1.618 of BC legs) you plot your fibs over CD legs and target are 318.2/50/618 and extreme 78.6/88.6/1.27/1.618
  • #103
  • Edited Jun 22, 2018 11:08pm Jul 29, 2009 7:42am | Edited Jun 22, 2018 11:08pm
Hi,
Answering the other emails...
I have prepared documentation of the korHarmonics indicator. Finally in English!
Please find attached.
Some of you got the testing version already - working till 8.08.2009.
I hope around this time i will have a long term 005T version prepared and I share it with anyone interested.

I hope harmonic trading works for you well.
Cheers!

{ copyrighted attachment deleted by staff }
  • #104
  • Jul 29, 2009 8:09am Jul 29, 2009 8:09am
Kor's the man! Nice work!
  • #105
  • Jul 29, 2009 8:36am Jul 29, 2009 8:36am
Quoting Inzider
Yes, when CD legs is completed (around 1.618 of BC legs) you plot your fibs over CD legs and target are 318.2/50/618 and extreme 78.6/88.6/1.27/1.618
Thank you for the help! Do you know of a good reference for the other patterns Fib profit target measurements?

I've been reading through Scott Carney's harmonic trader but I cannot find this answer.

For Example, on a 5-0 you measure X and X and exit goal is: XX.X or XX.X

thank you!!
  • #106
  • Jul 29, 2009 9:21am Jul 29, 2009 9:21am
Ratio are always calcul from last legs, last move.
The target are always fibs ratio: 38.2,50, 618, 1.27,1.618.

Larry Pasevento Fibonacci ratio whit pattern recognition, can help..
Look at my thread for it.

later
  • #107
  • Jul 29, 2009 9:51am Jul 29, 2009 9:51am
Quoting Inzider
Ratio are always calcul from last legs, last move.
The target are always fibs ratio: 38.2,50, 618, 1.27,1.618.

Larry Pasevento Fibonacci ratio whit pattern recognition, can help..
Look at my thread for it.

later

Will do thanks for you time and help!
  • #108
  • Aug 1, 2009 10:32pm Aug 1, 2009 10:32pm
Quoting pilotui
Will do thanks for you time and help!
Second tough, think about patterns following themself. So the target will always be some of those ratio, aiming for another pattern...

The more commun one is 0.618 of last move.

Take care!
  • #109
  • Edited Aug 2, 2009 1:08pm Aug 1, 2009 11:17pm | Edited Aug 2, 2009 1:08pm
SwellTrader,
thanks for sharing the "colorful" chart u posted here.

kor4x,
thanks for sharing an English docu here. will check it out.

bdtllc,
thanks for sharing your post here. Nice 1st post, btw!
do u have a free version of the spreadsheets?
why did u not include 2008 data (& part of 2009)? lack of/incomplete source, probably?
did u personally use SQL Server to create the spreadsheets here? do u believe SQL Server is the best for trading-related stuff? must be very very laborious...
Thanks!

Inzider,
your thread is picking up speed in terms of participation. I hope more lurkers will come out & post. Thanks to all for posting & i expect to learn more, albeit slowly (as my mind is currently literally malnourished ), further along the road.
  • #110
  • Aug 2, 2009 8:59pm Aug 2, 2009 8:59pm
Quoting supremeChaos

Inzider,
your thread is picking up speed in terms of participation. I hope more lurkers will come out & post. Thanks to all for posting & i expect to learn more, albeit slowly (as my mind is currently literally malnourished ), further along the road.
Hi! Thx for good word. I'll try to make more video about my view of trading shortly. Hope you 'll like it.

Take care!
  • #111
  • Aug 6, 2009 1:07pm Aug 6, 2009 1:07pm
Hi 2 all
Plz, can U tell me, where I can download the korHarmonics_v005T (ver. 5) and all indicators, which describe in the manual korHarmonics_info_v005T_en.pdf

Thank's
  • #112
  • Aug 6, 2009 1:51pm Aug 6, 2009 1:51pm
Quoting fxairy
Hi 2 all
Plz, can U tell me, where I can download the korHarmonics_v005T (ver. 5) and all indicators, which describe in the manual korHarmonics_info_v005T_en.pdf

Thank's
I think you need to send email to author mentioned in .pdf
  • #113
  • Aug 6, 2009 1:56pm Aug 6, 2009 1:56pm
Is this indicator for free? v.5 ?
Can somebody send me to PM v.5 with shablons ?

Many Many Thanks!

Or I Must email to author?
  • #114
  • Aug 6, 2009 7:52pm Aug 6, 2009 7:52pm
Quoting fxairy
Is this indicator for free? v.5 ?
Can somebody send me to PM v.5 with shablons ?

Many Many Thanks!

Or I Must email to author?
You ll find ZUp indicator over my thread, diff version of harmonic indicators are avilable for you.
Contact Kor4x for his version.

Later
  • #115
  • Aug 7, 2009 5:34am Aug 7, 2009 5:34am
Hi All,
If anyone interested you can download my indicator korHarmonics v005T from www.tradingarsenal.com

There is a bit more you can read there, so to know about future plans. This info will be regularly updated.
We still have to update the page and to form a Forum for your questions/ideas regarding this indicator.

005T is available now. Indicator still requires a lot of work, which I will continue. In the pdf there are some candidates for release 006. I am open for any comments and ideas. Some good ideas are already collected and will be implemented ASAP.
When a testing version is available I will place it on the site.

As any harmonic indicator korHarmonics finds a lot of failing patterns, so you need to have skills and confirmations (Elliott/Fibo/candlestics/...) to know which ones to play and which ones do not touch. I want to work on the confirmations, so reasonable eliminate bad patterns (at least part of them).
I will describe the conditions I use for finding the patterns, so we can also update/extend them. I would also like we commonly define the strategies how to play harmonic patterns.
Anyway, all input is appreciated.

Cheers,
kor4x
  • #116
  • Aug 7, 2009 7:10am Aug 7, 2009 7:10am
i installed indicator as required .. but i got this "ERROR:korHarmonics:EURUSD:H1:Missing configuration file for the default MinSwing: korHarmonics/korHarmonics_MinSwingDefaults.txt "
Never sell @ lower upward channel unless breacked and vise versa .
  • #117
  • Aug 7, 2009 9:12am Aug 7, 2009 9:12am
Most common problem
See the point 3 from installation documentation, you are almost there, just 1 thing to be done more.
  • #118
  • Aug 10, 2009 1:28pm Aug 10, 2009 1:28pm
Zeroline concept explain in detail over my thread, if you feel interested.

Take care all!
  • #119
  • Aug 11, 2009 3:55am Aug 11, 2009 3:55am
@Inzider,
I am having impression that i do not see all of the posts on this thread, sometimes I read the answer, but i do not see the question :-)
Cheers!
  • #120
  • Aug 11, 2009 11:46am Aug 11, 2009 11:46am
Hahahah! We are both funny on that aspect!
Seems we like to promote our idea!

Cheers!
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