Patterns have an underlying mathematical structure.
Harmonic trading-harmonic patterns
hey...yesim still into that trade but its more a combination of a gartley and butterfly pattern as the C point did reach the 78.6 retracement. i strongly recommend to look for patterns manually and not to use indicators.
if someone needs help spotting those high accurate patterns feel free to contact me
if someone needs help spotting those high accurate patterns feel free to contact me
hey...yesim still into that trade but its more a combination of a gartley and butterfly pattern as the C point did reach the 78.6 retracement. i strongly recommend to look for patterns manually and not to use indicators.
if someone needs help spotting those high accurate patterns feel free to contact me
IMHO:
1.You should be using the Fibonacci tool from MT4 (standard tool) to measure the swings and check the internal/external retracements. After doing it for some time (lets say 100 patterns) your eyes will be finding proper Gartley and other patterns without any extra tool (just by looking).
2. with time you will start to know which ones to trade and which ones not.
3. later, with more time you will become lazy and smarter and you will like to use an automatic tool for spotting the harmonic patterns on different charts/different instruments...
