Brilliant Harmonic Patterns
This indicator is designed for harmonic traders. He is looking for harmonic patterns and helps to find the patterns formed by the analysis of historical market data.
The indicator recognizes the following patterns:
- AB = CD
- Butterfly (Butterfly)
- Gartely (Hartley)
- Crab (Crab)
- Bat (Bat)
The indicator shows the following:
- Finished patterns with critical zone allocated gray
- Three alleged take-profit level (green)
- The estimated level of stop-loss (red)
Relationships formed patterns can be checked by moving the mouse on the dotted line.
Indicator does not generate signals to buy or sell. It shows the formed pattern and predicts price direction. For I / O, you can use any other indicator.
- Patterns which show an upward movement of the price, shown in green
- Patterns which show a downward price movement, are shown in orange
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