Multiple Confirmations with Harmony & EW

28.11 - 2009, Case Amgen (Nasdaq; AMGN)

I think this is (just) one example where harmony indicator brings some multiple entries to get confirmation for entry;

60 Min:

- 86.2 % Fibonacci Retracement

- Bearish Triangle

- Bat Pattern

15 Min:

- Bearish Butterfly

- Bearish Ending Diagonal

5 Min:

- 2.618 fibonacci relations

ABCD´s was not even considered in the case. Since MT4 does not have scanner exist I believe signal table is serving this purpose where you can add multiple products to monitor. It does have limits per products but I think there has been some extended plans for the actual products also which can be seen from it.

However, I think another idea opened in here. I don´t know is this even possible but if and when going very deep of this indicator it would be very powerfull if user could add alerts per combinations. Let´s assume for example I would only want to get alert when these 60 min criterias are met at the same time in any product as in the chart.

Or

How about if user could modify those combination of patterns when are met and ability to modify those alerts / or signals he want to see in the signal table per product.

I think would be where creative part of the indicator settings starts (for users) as well as unlimited possibilites.

There was 6 reason to go short for this and propably even more if one would have ABCD on in the indicator in here, likely 13 of them if all timeframes would be checked. If you´re lucky you might be on your desk looking this particular stocks and this particular timeframe once entry is created but chance for that 1/1000 if you scale over several markets / products.