Birth of New Trend Tipple Entry Harmonic Pattern Trading

Update News on Harmonic Pattern Plus and Harmonic Pattern Scenario Planner on 12 Jan 2016:

Multiple time frame pattern detection feature will be added to our harmonic pattern plus and Harmonic Pattern Scenario Planner.

This means that you can detect patterns on M1, M5, M15, M30, H1 and H4, etc by attaching Harmonic Pattern Plus on only 1 chart.

This feature will allow you to open only one chart per symbol and you can literally monitor all the forex symbols much more efficiently.


As usual, we strive to offer the best trading system in the market both combining theory and practice.

Also stay tuned with us as our website will be coming soon too.

Plus 20% discounts closing soon.

We have 3 more days to go before closing our New Years 20% special discount (Closing at 15 Jan).

The marked price is already discounted price. So do not miss this opportunity to get our powerful trading system.

Kind regards.



Harmonic pattern Plus

https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/4488

Harmonic Pattern Scenario Planner

https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101

Price Breakout Pattern Scanner

https://www.mql5.com/en/market/product/4859
https://www.mql5.com/en/market/product/4858

Sideways Market Statistical analyser

https://www.mql5.com/en/market/product/5314
https://www.mql5.com/en/market/product/5234

Pair Trading Station

https://www.mql5.com/en/market/product/3303
https://www.mql5.com/en/market/product/3304

Day Trading Analytics

https://www.mql5.com/en/market/product/11732
https://www.mql5.com/en/market/product/7993

Fundamental Trade Manager

https://www.mql5.com/en/market/product/4039
https://www.mql5.com/en/market/product/11176

Important News:

We were Just informed from our customers that someone developed some expert advisor using our Harmonic Pattern Plus with exceptionally good performance.

Please visit this website for your viewing:

http://forextradefilters.com/harmoni...y-performance/

We are just writing this news to inform all our customers that:
The website is not operated by ourselves and we have no contact with this people.

Neither the expert advisor is developed by ourselves.
After all, it seems that they are using our Harmonic Pattern Plus as the main trading engine though.

http://forextradefilters.com/harmoni...n-plus-trader/

Overall, we want to inform that we are neutral to any review or product performance about this website so far as they are totally indepent people from us.

We build our product based on theory and practice.

Merely good looking backtesing result is not the reflection of good trading strategy or neither good way of developing good trading system.

The orignianl version of Harmonic Pattern Plus and Harmonic Pattern Scenario Planner can be bought from your Meta Trader terminal throught MQL5.com and our upcoming website only which will be released quite soon.

Harmonic pattern Plus
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/4488

Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101

Harmonic Pattern Plus can be used for both automated trading and manual trading for excellent performance.

Stay tuned for further announcement on our update news.
Thanks and great appreciation for all your supports and interests on our products.

We are willing to extend our 20% discounts period until 20 Jan because of your grand interests and supports.

So please do not miss this grand opportunity.

Kind regards.

Update News on 17 Jan 2015:

Multiple Time Frame Pattern Detection is currently adding to Harmonic Pattern Plus.

Stay tuned. This excellent feature will be added to harmonic Pattern Plus very soon.

Plus 20 % discount period will be ending next 3 days. After that the price will go back to normal price.

Kind regards.

Update News on 19 Jan 2015:

We are nearly there with Multi Time Frame Pattern Detection update.

This feature will be added to MT4 version of Harmonic Pattern Plus and Harmonic Pattern Scenario Planner.

Plus the same feature will be added to MT5 version of Harmonic Pattern Plus and Harmonic Pattern Scenario Planner.

Which ever version you like to use, both MT4 and MT5 version will be almost identically powerful for your trading.

Kind regards.

is 2016...no 2015

Update News on 20 Jan 2016:

We have now in the processing stage to update version 6.5.

Here is the official description of version 6.5 for Both Harmonic Pattern Plus and Harmonic Pattern Scenario Planner.


In version 6.5, Multi Time Frame Pattern Detection (MDT) feature is added.

If user want to check what pattern is formed in other time frame. It is now possible to check pattern formed across all time frame without changing your chart or time frame.

Button "MTD" is used to perform multi Time Frame Pattern Detection. So press this button to see or hide the multi time frame pattern panels.

We have also added five input setting in regards to this MTD feature.

If you want to permanently run this MTD feature at every candle,

then just set Use Multi Timeframe Pattern Detection = true.

However, this MTD feature require much heavier computation. Therefore, to run this at every candle, we will leave this to your own choice.

//Use Multi Timeframe Pattern Detection
//Use Sound Alert from MTD
//MTD Panel X coordinate
//MTD Panel Y coordinate
//MTD Panel Update Frequency

Overall this MTD feature will help traders to make a lot better and more accurate trading decision.
Plus to download version 6.5, it may take few days from today.

Update News on 22 Jan 2016:

Finally, version 6.5 is available with many powerful feature.

Harmonic pattern Plus
https://www.mql5.com/en/market/product/4475
https://www.mql5.com/en/market/product/4488

Harmonic Pattern Scenario Planner
https://www.mql5.com/en/market/product/6240
https://www.mql5.com/en/market/product/6101


Below is the description for the version 6.5 with MDT feature.

In version 6.5, Multi Time Frame Pattern Detection (MDT) feature is added. If user want to check what pattern is formed in other time frame. It is now possible to check pattern formed across all time frame without changing your chart or time frame.

Button "MTD" is used to perform multi Time Frame Pattern Detection. So press this button to see or hide the multi time frame pattern panels.

We have also added five input setting in regards to this MTD feature.

If you want to permanently run this MTD feature at every candle,

then just set Use Multi Timeframe Pattern Detection = true.

However, this MTD feature require much heavier computation. Therefore, to run this at every candle, we will leave this to your own choice.

//Use Multi Timeframe Pattern Detection
//Use Sound Alert from MTD
//MTD Panel X coordinate
//MTD Panel Y coordinate
//MTD Panel Update Frequency

Overall this MTD feature will help traders to make a lot better and more accurate trading decision.
Plus to download version 6.5, it may take few days from today.

Update News on Harmonic Pattern Plus and Harmonic Pattern Scenario Planner on 24 Jan 2016:

We have updated our manuals with Multi Time Frame Feature added.

Here is the link for the manual:

http://harmonicpattern.ucoz.co.uk/Qu...s_for_star.pdf

Some useful conversation with my customers. You can read this for your own good.




Q>>> I've been using the price break scanner for a week now and I think this is adding value to the way I trade.
This is a great indicator!!
The one thing I still I'm struggling with is the TP and SL levels.
Do you have any advise on how to get these?




A>>> Yes. Smart Renko can help you for that.
Smart Renko record price as in each brick meaning that with Smart Renko you are closely monitoring the market rhythm. Explanation for Why this is happening can be little too long to describe here.
Anyway one example can be given here. When you trade with Smart Renko and price breakout pattern scanner, Firstly you can double confirm your entry with Smart Renko. For example not only you enter the trade when the price breakout of pattern but at least the price move to next one brick level together.
From this point you are naturally have several choice for your stop loss and take profit. You could use one brick height as your stop loss and take profit but this approach is very naive because with price breakout pattern reward is much higher. So you can set 3 brick of take profit with 1 brick of stop loss. Or 2 brick of stop loss with 4 brick of take profit (reward/risk=2) Or you could trail stop when price level reaches next brick level. There are many choices for now your stop loss and take profit. Bottom line is this your reward/risk > 1. This is simple math any one can learn but really powerful.
I am not looking at chart right now so my brick count can be little rough in above example. But switch on smart renko and see what is probably the best brick count for your stop loss and take profit for better success rate.
We don't build tool for good and pretty looking but every thing inside our software is there for some good reason. Hopefully this will help you to improve your profit.
Wish you the best success at your trading.
Kind regards.




Q>>> Thanks a lot I will try that it makes sense.





A>>> Also very basis to set profit target in Price Breakout Pattern is the size of pattern itself.
For example, if price is bouncing towards inside pattern, you can set take profit at 50% of your vertical pattern height. Your stop loss can be 25% of your take profit. This is just one example again among many variation of trading.
Learn both way, this would be really beneficial.



If you read this manual, your trading horizon can improve even further:

http://harmonicpattern.ucoz.co.uk/Re...eakout_Pat.pdf

So here we goes

http://algotrading-investment.com/home/

Predict future using Harmonic Pattern Scenario Planner:

Two things to remember.

1. Future is dynamic.
2. Further the future, more difficult to predict.

Prediction made at Monday you will make best prediction based on the information at Monday.

Prediction made at Tuesday you will make best prediction based on the information at Tuesday

Prediction made at Monday and Tuesday can be different because amount and the quality of information used to make the prediction is different.

Which one to follow? Always follow the latest one.

Plus Prediction is much more difficult task than anything else. I recommend you to use prediction or scenario based methods when you are only very confident about
the underlying methods.

For example, I recommend to master Harmonic Pattern Plus first before making intensive use of Harmonic pattern Scenario Planner.

With Harmonic Pattern Scenario Planner, you can run it like Harmonic Pattern Plus mode. So start to trading with Harmonic Pattern Plus mode first.

Kind regards.

When many patterns confirm the same entry, things become more and more certain.

100 pips right through the patterns on EURUSD.

So conceptual demonstration on Harmonic Pattern Plus and Price Breakout Pattern Scanner when they use it as High reward/Risk trading style.


Later I will explain the difference about best decision VS best statistical decision. So people can learn that there are still a lot of other trading strategy outside statistically judged.

New high frequency trading robot projects coming soon.


Note that this is independent trading algorithm from our excellent manual trading tools. But designed for high frequency trading enthusiast only. If you are still prefer to do manual trading. Then we have excellent range of manual trading software always.

Dear Traders.

Thanks for all the support and interest on our products including Harmonic Pattern Plus, Price Breakout Pattern Scanner, Sideways Market Analyser and others.

Soon we will be starting to update on several of our products as usual. We have some good ideas on how to improve our trading system.

So please stay tuned. We always strives to make breakthrough innovation for our products unmatched by others.

For a mean time, we will wish you another profitable week on your trading from this Monday.

Kind regards.

Hello Auto9817, I have been trying to download your free Order Risk Management EA MT4, but not succeeding. Some strange issue my browser is having with Mql5 website. Can you help me upload the .ex4 file here so i can access it easier? Thanks.

Update news on Price Action Candle Detector 13 Feb 2016

In version 2.1, Stop Loss offset in pip variable was added. This specify the stop loss offset from typical stop loss place.

https://www.mql5.com/en/market/product/5721
https://www.mql5.com/en/market/product/5728

You can use Price Action Candle Detector as pure indicator to check possible trend reversal point. Or you could use it as your main trading tool with custom stop loss and take profit target. When you use this as your main trading target, please use guided trading instruction aside (It is built in inside). Also it is helpful to add recommended secondary confirmation tool on top of it. If you are going to use oscillator to confirm the entry. We recommend to use divergence technique than just simple level trigger methods.

You can download it from here too. Just join and then download this free tool. They won't charge you.


http://algotrading-investment.com/products-2/

Some useful information about Price Action Candle Detector. (19 Feb 2016)

It is small but powerful tool for your trading.


Note that Price Action Candle Detector can be used as independent trading straetgy or you can use it to double confirm trend reversal point only. In any case, it is recommeded to use secondary confirmation tool together. This indicator often works fine even in M1 or M5 time frame.

When you use Price Action Candle Detector as independent trading strategy with custom take profit and stop loss, breakeven might help you to improve your profitability. Plus after breakeven you might let it run all the way through its trend by trailing stop sensibly.
◾Use Custom Stop Loss and Take Profit: true or false only
◾Custom Open Price Candle Index: 0 or 1 only
◾Risk Reward Ratio (Reward/Risk): user more than 1.0
◾Stop Loss Offset in pips: Stop Loss Offset in pips specify the Stop loss offset distance from typical stop loss. If Stop Loss Offset in pips = 0, then Stop Loss offset will be not used. So with Stop Loss Offset in pips = 0, you can proceed with typical Stop Loss level for each pattern.
◾Custom Take Profit and Stop Loss Line Length: control line length for take profit and stop loss in your chart
◾Custom Take Profit and Stop Loss Line Width: control the thickness of take profit and stop loss line in your chart
◾Custom Take Profit and Stop Loss Text Size: control the size of text for take profit and stop loss line in your chart
◾Custom Take Profit Color: color of take profit line
◾Custom Stop Loss Color: color of stop loss line
◾Custom Open Price Color: color of open price line



If you are starters (or even experienced one), it is very useful to have some idea about your trading objective. Use this guided trading instruction.

◾Show Guided Trading Instruction: If you need some guide for your trading, use this guide line.
◾Guided Trading Instruciton X Coordination: default is generally ok
◾Guided Trading Instruction Y Coordination: default is generally ok
◾Your Target Success Rate: 55%(0.55) = default
◾Your Risk per Trade: 2% (0.02) = default
◾Your Target Trade Number: 100 = default


https://www.mql5.com/en/market/product/5721
https://www.mql5.com/en/market/product/5728

Update News for Harmonic Pattern Plus and Harmonic Pattern Scenario Planner. 19 Feb 2016

We are currently improving our alert system for Multiple Time Frame Detection Features.
Soon update will be avaible next 3 to 4 working days.

Kind regards.