Harmonic and Classic Patterns

Seriously 2 great trading opportunities in the space of 24 hours.

Yesterday:

http://content.screencast.com/users/...2-07.48.12.png

and Today (well now actually)


http://content.screencast.com/users/...2-16.22.29.png

- New material: http://tradingarsenal.com/live-trade...sscussion.html

My idea № 4 "Stong gartley"

based ZUP 110 & 11 custom patterns

see here http://www.forexfactory.com/showthre...24#post6159724

Great October revolution

ZUP 119 NEN STAR

The algorithm of search of five-dot patterns is changed. Almost maximum compression of algorithm is made.
Search of structures of AB=CD, the 4th dot pattern of continuation, pattern 5-0 is added.
There is no pattern search three movements, a pattern anti-5-0, patterns of the anti-expanded classical - search expanded classical (not anti-) was in all previous ZUP versions.
There was a possibility of addition of one user pattern for experiments.

Functionality of some parameters is changed.

Order of search of patterns.
At first we look for five-dot patterns, then five-dot user (custom) patterns.
If we do not find five-dot patterns, we look for 4-h a dot pattern of continuation.
If we find nothing, we look for a pattern 5=0.
If again found nothing, it is prospected AB=CD structures.

About the 4th dot pattern of continuation it is possible to find information on a site of the author -

http://kanetrading.com/
About this pattern all questions to the author.

The new and changed parameters.

SelectPattern - sets groups of 5 dot patterns for search
In total it is included for search of 24 five-dot patterns. Somehow to allocate certain patterns, the SelectPattern parameter is used.

0-search of all patterns
1-search of only classical patterns - Gartle, Butterfly, Bat, Crab, except TOTAL
2-search of classical and anti-classical patterns, except TOTAL
3-search of exotic patterns, except TOTAL
4-search only anti-patterns, except TOTAL
5-search of all patterns, except TOTAL
6-search only TOTAL
7-any choice of five-dot patterns for search by means of the visiblePattern parameter
8-search of five-dot patterns is disconnected

visiblePattern - sets, what patterns to look for. Search of all patterns is by default switched off.
This parameter is sequence of zero and units. If in a certain position costs 1 - unit, a pattern associated with this position of parameter, it will be included in search.

The list of five-dot patterns which it is possible to allocate for search by means of the SelectPattern and visiblePattern parameters:
1-Gartley
2-Bat
3-Shark 2
4-Nen STAR
5-TOTAL 1
6-Butterfly
7-Crab
8-Shark 1
9-CYPHER
10-TOTAL 2
11-A Butterfly
12-A Crab
13-A Shark 1
14-A CYPHER
15-TOTAL 3
16-A Gartley
17-A Bat
18-A Shark 2
19-A Nen STAR
20-TOTAL 4
21-TOTAL
22-max Gartley
23-max Bat
24-max Butterfly

Classical patterns: 1-2-6-7-22-23-24.
Patterns 7-22-23-24 correspond to that were in the previous ZUP versions.
The sequence of patterns in the visiblePattern parameter corresponds to the above-mentioned.

As agreed earlier at discussion of names of patterns that names of patterns followed logic of their configuration, names of some patterns are changed in comparison with that the poruchik in the file with descriptions of five-dot patterns presented. Therefore, for example, sharks now the anti-shark will have a configuration as and on the contrary. And so on.

Ext_4PointPattern - allows search 4-point a continuation pattern
_maxXB - sets the maximum value of a retresment of XB. Unclear, what value of this parameter should be.
It is by default included 0.618

As it is told above, to learn about this pattern it is possible here: Kane Trading - Education for Serious Traders

_50-allows search of a pattern 5-0

ABCD - allows search of patterns of AB=CD

CustomPattern parameter application is changed - defines to deduce or not the user patterns
0-the user pattern isn't deduced
1-it is deduced together with Gartley
2-custom is deduced without Gartley, only

The noticed mistakes are corrected.

is there a way to eliminate the dotted lines (fibs) around the patterns

i love these but i want to get rid of all the glutter around for nice naked charts except of the patterns... is this somehow possiblee?

ExtHiddenPP = 0
ch. 3

nice charts (and thenks for the indicators)

the q is do you guys making good monny whith thise method.

if you are doing 40 60 percent per month iam in

do you?

hi ftsepips

on what time fram do you trade?

is it possible to trade it on the 1 m 5 m charts what the win rate ?
last time i have been checking i got mix results ..

is it true that in order to get the best results one need to trade it white the trend first of all?

thanks for sharing

You may be interested to check these 3 systems ideas for combining harmonic trading with grid position management:
http://tradingarsenal.com/trading-sy...ano-setup.html

http://tradingarsenal.com/trading-sy...es-system.html

http://tradingarsenal.com/trading-sy...l-profits.html

Last ZUP 120

Thanks Poruchik!

Do the newer versions have more harmonic patterns?

Also what is the difference between the 2 triangle ZUP 120??

One triangle is just a different colour?

Thanks so much for all this information!

It same patterns

2 triangles - different colors

poruchik,

What is more advisable to use? ZUP v95 or ZUP v120? Your input is highly regarded. Thanks!

_______

I'm new to this indicator. Is there an english version of the parameter explanation of ZUP 120?

I looked around but can't find one.

Only ZUP 83

Thank you for your help

hola guys

Can yall let me know what kind of indicators do you guys use to minimize your risk. Any good resources to recommend?


Thanks

here you have different confirmations methods that you can use together with Harmonic Trading (example for Gartley, but you can also see the Butterfly,121 and other treads for detailed examples) -> http://tradingarsenal.com/gartley-pa...e-content.html
some of these confirmation methods are explained together with an indicator for download, like TMA bands, Volume, etc
these you can use to minimize the risk by finding better overall pattern location or better entry price level...

you can also see the Videos: www.youtube.com/TradingArsenalTV

personally, i am looking for butterfly/crabs/shark ot at least PRZ is already located in new low or new high.

Example
am interested in ratio 1.414 and 1.618 of XA in butterfly.

especially for gartley, i only jump into prz of gartley and took long position ( example , in bullish trend ) after overall PA above ema 200 of any time frame.

but that's only me....others can have other and different opinion