Tuesday, July 2, 2013

Oscillator To Avoid Failed Harmonic Pattern

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:
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:
The pattern signal a short sell but price still go up
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:
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 :
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 :
This Super Oscillator is provided along with the Forex Harmonic Detection Indicator
From blog Forex Currency Market

22 comments:

  1. Hi
    can you send me this oscillator on my email:
    pbienkowski@gazeta.pl
    Thanks.

    ReplyDelete
  2. could you please send me this indicator so that i may back test...thankyou)))
    email: kapushafx@gmail.com

    ReplyDelete
  3. Hi mate, nice job, can i have it? email is gaddari_7@hotmail.com :), thanks!!

    ReplyDelete
  4. item has been sent to all above emails
    Cheers

    ReplyDelete
  5. james.dermody.forex@gmail.com
    I'd like to try it - thanks in advance!

    ReplyDelete
  6. This comment has been removed by the author.

    ReplyDelete
  7. gdinnyes@gmail.com
    It looks good, many thanks!

    ReplyDelete
  8. Please send it to highyield10@gmail.com
    Thanks in advance!

    ReplyDelete
  9. Can you send it to fxscalper@gmail.com? I would like to backtest it.

    ReplyDelete
  10. The super trend oscillator looks very good. Can you please send it to my email seehari@gmail.com

    ReplyDelete
  11. can u send to my email to please!!
    pablo.mar5186@gmail.com

    ReplyDelete
  12. can i get it in my email please
    ajsugar91@gmail.com

    ReplyDelete
  13. GPS robot tripled the $100k deposit [live proof authenticated by myfxbook and broker]

    I just completed a webinar with Mark and his partner, Antony, two days ago and it was GREAT.

    During the webinar Mark and Antony shared their tips to success and answered questions about their new release of the GPS Forex Robot that came out TODAY!

    ReplyDelete
  14. Please can I get it at toyomfonobong@yahoo.com

    ReplyDelete