This indicator identifies the most popular Harmonic Patterns which predict market reversal points.
Dashboard Scanner for this indicator: ( Basic Harmonic Patterns Dashboard and Basic Harmonic Patterns Dashboard MT5 )
Include
- Gartley
- Butterfly
- Bat
- Crab
Main Inputs
- Allowed Deviation : Limit patterns to have Maximum allowed deviation from the ideal ratios for each pattern.
- Depth : Larger value means Larger Patterns and vice versa.
- Alert : Alerts message on MT4 terminal when a new pattern is found.
- Push : Push Notification to your MT4/MT5 app when a new pattern is found.
- Mail : Sending an email to your address when a new pattern is found.
Buy and S ell signals are defined as a buffer so that you are comfortable to use in Expert .
Buy Signal Buffer = 6
Sell Signal Buffer = 7
Warning: Using the first input, you can choose to receive delayed but valid signals. If you are familiar with harmonic patterns, you know that repainting may be better than delaying.
