Some situation for today of several currency pairs of Harmonic Patterns, scanned by Harmonics Pattern FinderV3 for MT5.
Attachment 40872
Attachment 40874
Attachment 40873
Printable View
Some situation for today of several currency pairs of Harmonic Patterns, scanned by Harmonics Pattern FinderV3 for MT5.
Attachment 40872
Attachment 40874
Attachment 40873
Here is example bullish Gartley buy signal on XAUUSD daily chart TF. ZUP_v101 indicator use.
Daily Chart TF on 6th April 2021 (most recent)
The ZUP_v101 indicator is good for detecting classic harmonic patterns, Gartley, Butterfly, Crab and bat.
I have tested it many times and it still give good patterns detection. Attached here the Nen's ZUP_101 indicator in case someone look for old ZUP that detect classic harmonic pattern.
This indicator works with MT4 latest build 1330.
Some example patterns detected by ZUP_v101.
I'm just started using ZUP indicator (open source) by Nen which coded for MT5. I'm downloaded the open source ZUP follow the link provided by Newdigital on this post post#329.
The indicator compile just fine, it takes some time.
Attachment 42599
By default, the parameters of Ex Indicator doesn't point to the search patterns, so i select the dropdown menu to 11:Search Patterns. It is necessary to select this parameter in order to enable function search patterns.
Attachment 42600
After that i am attached the indicator to chart, example EURUSD H4 chart and we have a past Bullish Bat Pattern.
Attachment 42601
Inside the open source ZUP rar file Nen provided documentation for ZUP indicator but it needs to translate from Russian to English.
Here is example of ZUP_v153.44 (MT4) used together with ROC currency strength indicator. It is another way to confirm the point D entry trade.
Attachment 42602
ROC Currency Strength Indicator is available in premium section Premium Trading System and Tools.
A bearish AB=CD pattern spotted on XAUUSD H4 chart. Support to be seen at 1840.97 which is at the Andrew Pitchfork upper border where it was act as resistance channel. If this level broken price may find next fibo level support @23.6.
Attachment 42811
can you share tempQuote:
Originally Posted by matfx
Template for ZUP open source attached. Make sure you have ZUP open source install on your metatrader 4 indicator folder. It can be download from here http://newdigital-world.com/trading-...html#post99445
Harmonic Pattern Trading channel was created on mql5 Harmonic pattern trading everybody are welcome to join.
more...Quote:
One of the advantages of candlestick patterns is their simplicity: their description consists of only a few phrases, while the analysis handles only a few bars or even only one and thus it is accessible even to beginners.
Another advantage is the absence of specific requirements regarding the terminal and the hardware, as the analysis does not build any resource-intensive indicators. This fact was especially important decades ago, when computers were not as advanced as they are today. Many of the candlestick patterns were introduced in those days.
However, behind the simplicity of candlestick patterns, there is also a serious drawback, which can be eliminated by using the significantly increased capabilities of modern trading automation tools. This disadvantage is connected with the rough rounding of market situations to bar limits, which of course affects the efficiency of trading.
