Harmonic Trading - page 510

 

Hi, do i need to change anything into the Friday/Sunday bar input? Thanks.

 
philt:
Hi, do i need to change anything into the Friday/Sunday bar input? Thanks.

Please read "How to set up time in zup wsv versions" @ post #4412 @ https://www.mql5.com/en/forum/173588/page295

 
grandaevus:
Please read "How to set up time in zup wsv versions" @ post #4412 @ https://www.mql5.com/en/forum/173588/page295

ok Thanks. What does this setting do?

 

a nice signal on usd/jpy .

Files:
usdjpy_2.jpg  186 kb
 
Mike_Mike:
a nice signal on usd/jpy .

Mike. Which wsv version? wsv59 or wsv63?

 
grandaevus:
Mike. Which wsv version? wsv59 or wsv63?

wsv59 , also korharmonic finds the same patterns but different leg for for XA

 

Hello @grandaevus

I tried to construct BUTTERFLY pattern in an empty space on a chart with Fibonnaci retracement tool

But the construction is gone wrong….Can you correct it

So I follow Butterfly pattern theory :

1[SUP]st[/SUP] step : I construct XA & AB with AB = 0.786XA

2 [SUP]nd[/SUP] step : i choose BC = 0.386AB from {0.386AB; 0.5AB; 0.618AB; 0.707AB: 0.786AB; 0.886AB}

3[SUP]rd[/SUP] step : CD leg only from { 1.27XA; 1.414XA; 1.618XA}

which must be cross with one of the [1.618BC; 2BC; 2.24BC;2.618BC}

When both cross by theory we have the correct CD leg

But look at my snapshot : NOTHING make it ,why ?

Whats the problem ?

Files:
xx.png  19 kb
 
paulselvan:
Hello @grandaevus

I tried to construct BUTTERFLY pattern in an empty space on a chart with Fibonnaci retracement tool

But the construction is gone wrong….Can you correct it

So I follow Butterfly pattern theory :

1[SUP]st[/SUP] step : I construct XA & AB with AB = 0.786XA

2 [SUP]nd[/SUP] step : i choose BC = 0.386AB from {0.386AB; 0.5AB; 0.618AB; 0.707AB: 0.786AB; 0.886AB}

3[SUP]rd[/SUP] step : CD leg only from { 1.27XA; 1.414XA; 1.618XA}

which must be cross with one of the [1.618BC; 2BC; 2.24BC;2.618BC}

When both cross by theory we have the correct CD leg

But look at my snapshot : NOTHING make it ,why ?

Whats the problem ?

As far as I can see, some of the ratios are incorrect

CD leg only from { 1.27XA; 1.414XA; 1.618XA}

should be XaD , draw the fib from A point not C point

Files:
bflybullre.jpg  22 kb
 

______________________

Files:
eurusdh1u6.png  109 kb
 

anyone got this pattern on Gold h4 ?

Files:
gold.jpg  53 kb
Reason: