The Harmonic Pattern is so popular and we all agree it really works !!
Many of Harmonic Trading topics are full of succesful screenshots of Patterns like Gartley, Butterfly, Bat ...etc. What about the opposite, the invalidated (also called failed) ones ?
In fact, Harmonic Pattern success rate is only about 80%.
I'll start posting some of failed cases and then I will show how to avoid it.
Following examples present invalidated/failed patterns:
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This is an emerging Bullish Gartley Pattern, deteced by one Harmonic
Pattern Indicator, price was supposed to go up after the pattern is
displayed... . what really happened afterward is price continuing down and the Harmonic Pattern expand it's right wing and failed eventually |
Here are more definitely failed pattern:
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The pattern signal a short sell but price still go up |
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Bullish Butterfly doesn't work !!! |
That's why we have developed an extra confirmation oscillator to increase the successful ration of the pattern, it will filter out failed pattern and also reduce the number of potential trades. But as veteran traders Sive Morten has taught: "...Trader should better accept losing trading chance than losing trading capital..", I am happy to introduce it to you Super Trend Oscillator.
Come back to the very first screenshot in this post and compare the entry signal with the screenshot below, you will see how it pick the perfect bottom:
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Compare this screenshot with the very first chart in this post to see how good it generate Buy Signal |
Here is an overview of the whole system :
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All Signals are generated consistently with the Emerging Harmonic Patterns and help you confidently enter the trade without worrying it would fail |
Another successful case :
22 komentarze:
Hi
can you send me this oscillator on my email:
pbienkowski@gazeta.pl
Thanks.
could you please send me this indicator so that i may back test...thankyou)))
email: kapushafx@gmail.com
xspojlerx@wp.pl
Hi mate, nice job, can i have it? email is gaddari_7@hotmail.com :), thanks!!
item has been sent to all above emails
Cheers
btmtrader@gmail.com
thank you
james.dermody.forex@gmail.com
I'd like to try it - thanks in advance!
dyounus79@gmail.com
thanks
abadu@wp.pl
thanks!
adam.staniecki@gmail.com
dzieki
rsmelan@gmail.com
gdinnyes@gmail.com
It looks good, many thanks!
picolosan312@yahoo.fr
Thanks
Please send it to highyield10@gmail.com
Thanks in advance!
Can you send it to fxscalper@gmail.com? I would like to backtest it.
The super trend oscillator looks very good. Can you please send it to my email seehari@gmail.com
can u send to my email to please!!
pablo.mar5186@gmail.com
can i get it in my email please
ajsugar91@gmail.com
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cycad2101@gmail.com pls
Please can I get it at toyomfonobong@yahoo.com
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