Harmonic Trading

Originally Posted by Chrisstoff

Matfx,

Thank you for your generosity
I will test your template next week.

You are welcome. I'm still testing new ZUP here, the ZUP_v135 Easy C Snorm 4 posted by New Digital which can detect 41 Patterns.

We may use oscillators to detect divergence, in order to validate harmonics pattern entry signal. For example i am using MACD with OSMA histogram on EURUSD daily chart which we have bearish sea pony sell signal. Others oscillators like RSI or stochastic will be fine also.

Using divergence for validation of harmonic signals is a good idea. Is it good for determining profit taking too?

As i know the target point is the retracement of C - D, 0.618%.

If I am not mistaken, the 61.8% is around 1.3380. We will see...

It is the best one that i used.
"Inputs" are described in file "Candle Patterns.rtf
MaxBarsToScanForPatterns Set to "1" to display only the candle patterns detected on the visible part of the chart. (i recommend highly)



Candlepatterns.zip

Thanks Levonisyas will have a look at it.

Another candle patterns.
% 70 good Also i'm searching V.20 can some share?
Using with pivot points is more effective. (my knowledge)
I'm using 4H and 1D pivots.



_CPIv1.5.ex4
_PivotCustom_4TFs_ThinLines_NoSR.mq4

On Onix forum test are being carried out for zup v136 and zup v137. Just for information.

Yes, they are finishing testing, and as I understood - they did not upload v137 yet (and v136 will be uploaded together with v137)