The Harmonics Indicator finds all harmonic patterns in the chart, and plots them paying attention to ratios and fibonacci projections. It cares about the AB=CD projection and is highly customizable. Furthermore, it helps to trade at the right time by waiting for a price breakout to signal the trade.
- Detects Bat, Alt. Bat, Gartley, Crab, Butterfly, Cypher and Shark patterns
- It plots primary, derived and complementary Fibonacci projections
- It evaluates past price action and displays every past pattern
- It implements a multi-timeframe dashboard
- The indicator analyzes its own quality and performance
- It uses breakouts to signal profitable entries
- It plots all the pattern ratios on the chart
- Fibonacci projections are vector-independent
- It implements email/sound/push alerts
- It plots the AB=CD projection
Inspired by Scott M. Carney's book, this indicator has been designed to fulfill the needs of the most purist and exigent traders.. Its winning ratio is around 85%. You can buy Scott M. Carney's book here:
http://www.amazon.com/Harmonic-Trading-Volume-One-Profiting/dp/0137051506
Enhance your trading activity with the best Harmonics auto-detection indicator, just like our customers have already done. Visit the software program website at:
http://www.pointzero-trading.com/Products/view/PZHarmonicTrading