Price Breakout Pattern Scalper EA For Free

Rising Wedge vs Ascending Triangle

The differentiation of rising wedge and ascending triangle patterns is exceptionally difficult task to automate. The reason being is that ascending triangle with slighly tilted trangle does look like risging wedge.

So we have not included the separate ascending triangle pattern detection in our software. So in fact, slightly tilted ascending triangle may be deteced within risging wedge patterns.
So when there is rising wedge pattern appear. You will see ocassional rear breakout text on our Price Breakout Pattern Scanner. This is exactly what I meant by "ocassional rear breakout".
When you see quite flat angle rising wedge patterns, you have be doubt about having slighly tilted ascending triangle and you need to be prepared for rear breakout.
Here is very good example, where rising wedge patterns and slightly tilted ascending triangle looks very similar. Rear breakout pattern happens.





Just for compariosn purpose, I will also show you more complete form of rising wedge patterns. Also note that even with complete form of rising wedge patterns you can still have rear breakout. The essense of this trading strategy is that you trade on breakout.

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Harmonic Pattern Scenario Planner will become faster in version 3.1. (Updating in process)


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Now Harmonic Pattern Scenario Planner can run in Harmonic Pattern Plus Mode (light and faster) or you can choose to run in Scenario mode as before.

Then you can only simulate future scenario when you think you need those information.

Please look at the three screen shot below.



You can decided whether to run in Harmonic Pattern Plus mode or Scenario Planner in Indicator setting.



Attached Image (click to enlarge)
http://www.forexfactory.com/attachme...1&d=1420770077




You can also simulate future scenario when you believe you need to do them. Just click the scenario button.


Attached Image (click to enlarge)
http://www.forexfactory.com/attachme...1&d=1420770102




After calculation is done, you will get future scenarios in your simulation box.
Attached Image (click to enlarge)
http://www.forexfactory.com/attachme...1&d=1420770124

knock on effect after our updating to version 3.1 will be more accurate pattern search for Harmonic Pattern Scenario Planner as now it can search patterns in faster mode (Harmonic Pattern Plus Mode.). We set Zig Zag Incremental step to 1 now.

As we mentioned before new years, our Harmonic Pattern auto trading will continued soon. Hopefully the auto trading will start from Monday on coming week. We are in preparation for doing that.

Trading Competition Participation Event (From 20 Jan 2015 to 15 May 2015)
Any of our customers who purchased Harmonic Pattern Plus, Harmonic Pattern Scenario Planner, Price Breakout Pattern Scanner or Sideways Market analyzer (at least one software) can enter our "Trading Competition Participation Event". To join this event, all you have to do is to sign up on any international or domestic event and you need to participate in that trading competition. We don't involve to organize trading competition by ourselves and you can select any independent trading competition from your country or other country. You can literally enter any international or domestic trading competition as long as the competition include more than 500 contenders and they last at least 4 weeks period. If your trading performance is ranked within 5% among all contenders (i.e within 50th if there are 1000 contenders), then you can claim one of following software as your prize from us including:

1. Harmonic Pattern Plus
2. Harmonic Pattern Scenario Planner
3. Price Breakout Pattern Scanner
4. Sideways Market Analyzer
5. Lucky Pip MT5 to MT4 Trade Copier

The event will be starting from 20 January 2015 to 15 May 2015. Note that we don't ask you to win in that competition and we know that is very difficult plus you will need a lot of luck to do so. However based on our trading experience, this is really achievable if you have the right discipline in Price Action and Pattern Trading. Plus achieving good results in the trading competition is also good for your own trading career. Therefore, we really encourage you to join our Trading Competition Participation Event for your own good. As a prize you can collect more of Price Action and Pattern Trading Software to improve your trading skills.

Visit our website for more information: http://harmonicpattern.ucoz.co.uk/index/event/0-42

We have briefly described how to combine Volume Spread Analysis with Harmonic Pattern trading. It is on the bullet point 4 in the middle of page.

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Soon We will have a very important update for our harmonic pattern plus and scenario planner.

We are really excited about this update.

Please stay tuned about the news on our next update.

We thrive to offer the most cutting edge technology trading tools to forex traders every day.

Our next update is on the way this week. To understand what is our core change in our Harmonic Pattern Software in our next update, please read this Harmonic Pattern theory section thoroughly.
The theory page explain what is incorporated in our next update. We are really excited to share this with you.

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Update for Harmonic pattern PLus and Harmonic Pattern Scenario Planner is approved.
It will not show on your terminal yet. But next 2 to 3 days, you will see new update for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner on your Meta Trader platform. Enjoy they are even more accurate now.


Give a quick read on this page before you starts. http://harmonicpattern.ucoz.co.uk/index/theory/0-44

Video Tutorials for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner Guide
A Video Tutorial to presents new update for Harmonic Pattern Plus (version 2.8) and Harmonic Pattern Scenario Planner (version 3.2). Watch in High Definition Mode (1080p) and Full screen to see texts and charts in details.

Scenario Planner uses Monte Carlos like Simulation and therefore, the computation can be quite heavy. A lot of professional traders and investors rely on Monte Carlos simulation nowadays. Therefore, we can't really blame this technological advancement. Here I give you quick way to deal with heavy computation issue. One way of making the simulation faster for Harmonic Pattern Scenario Planner is to reduce simulation trial. This is literally how many iterations of simulation the Scenario Planner will go through to provide you valuable information about future patterns and future trend reversal points. So try to use the setting below to reduce some computation under your scenario parameter section.

Simulation trial = 50 (Default is 100)
Forecast projects = 15 or 20 (Default is 30).

This can make your simulation twice faster than its default setting. Remember that fine simulation resolution (more simulation trials) will give you richer information about future patterns but they will be slow in computation. You can use rough simulation resolution (less trials) but make sure, it is not too rough so you don't miss some important price level which pattern might be formed.

Although the explanation looks very technical, in fact the traders do not need to know all these technical terms. Just use the Scenario Planner to identify future trend reversal points and eliminate many redundant scenarios with large MAPE and make your scenario simpler. Once this is done, apply this information in your trading.

I know this is good pattern. But it seems that price gone too far.

Price Action candle detector will be updated soon in next couple of days.
Small but very accurate trading signal based on price action only.

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Wait for another update (version 1.3) of Price Action Candle Detector.

When you download version 1.3, Just Set FontSize = 0 to hide pattern label for your Price Action Candle Detector. To show pattern label, just set FontSize = 8 or 10 (anything you want but not zero).

Stay tuned. We are updating candle stick pattern inside our Harmonic Pattern Plus and Price Breakout Pattern Scanner.
You will get more accurate candle stick pattern detector with your Harmonic Pattern Plus and Price Breakout Pattern Scanner.

Very good news, traders !!! As I have mentioned in my previous post, we have made a huge improvement in our candle stick pattern detector inside Price Breakout Pattern Scanner and Harmonic Pattern Plus. We don't use any sort of technical indicators to detect or filter out candlestick patterns. We rather use our unique statistical pattern matching algorithm to improve the success rate of each candle stick patterns. You can only get this advanced candle stick pattern detector from us only. Please don't forget to update to newer version of Price Breakout Pattern Scanner and Harmonic Pattern Plus. The new update will be available in next couple of days.

Harmonic Pattern Plus and Price Breakout Patttern Scanner is updated with improved Candlestick pattern detector. Please check it out.

Then Good luck with pip hunting.

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