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Mohamed Sabry  
butterliesel:
are these patterns repainting?
No they are not repainting, as soon as the pattern ratios is detected the pattern appears and stays
Sham222  

Hi

Can you post some screenshots showing where the possible entry would be, Im just wondering how much lag is there?

Thanks 

Mohamed Sabry  
Sham222:

Hi

Can you post some screenshots showing where the possible entry would be, Im just wondering how much lag is there?

Thanks 

Thank you for your interest.


the possible entry can be identified using any other indicator, such as RSI or CCI for example, the power of the Harmonic Pattern detector, is that it only gives you a hint of a highly possible price reversal so upon this knowledge you can use any other indicator(s) for confirming the entry point in the identified direction


hope this cleared it out, and I am ready to reply to any other inquires

Sham222  
Mohamed Sabry:

Thank you for your interest.


the possible entry can be identified using any other indicator, such as RSI or CCI for example, the power of the Harmonic Pattern detector, is that it only gives you a hint of a highly possible price reversal so upon this knowledge you can use any other indicator(s) for confirming the entry point in the identified direction


hope this cleared it out, and I am ready to reply to any other inquires

thank you!
Sham222  
Mohamed Sabry:
No they are not repainting, as soon as the pattern ratios is detected the pattern appears and stays
Hi, I just want to clarify this. You say it doesnt repaint but the pattern changes. the pattern that was on my chart yesterday is different to the pattern that was there yesterday although it hasnt disappeared
Mohamed Sabry  
Sham222:
Hi, I just want to clarify this. You say it doesnt repaint but the pattern changes. the pattern that was on my chart yesterday is different to the pattern that was there yesterday although it hasnt disappeared
I am sure the indicator does not repaint, it analyses the past 1000 candle on your chart and the detected pattern does not change, if you want to check it run strategy tester with any EA and pause it and add the harmonic patterns to the chart and resume testing and observe it in action
Sham222  
Mohamed Sabry:
I am sure the indicator does not repaint, it analyses the past 1000 candle on your chart and the detected pattern does not change, if you want to check it run strategy tester with any EA and pause it and add the harmonic patterns to the chart and resume testing and observe it in action
i have run it and also checked it on a live chart. the last leg of the indicator moves. For instance, if it has given a sell signal and there is a higher high it will move the end point  to that position and give a new sell signal. Much like a zig zag indicator
Mohamed Sabry  
Sham222:
i have run it and also checked it on a live chart. the last leg of the indicator moves. For instance, if it has given a sell signal and there is a higher high it will move the end point  to that position and give a new sell signal. Much like a zig zag indicator

the latest leg updates due to the changing in the pattern ratios for the new high or new low, but as soon this higher high or lower low is formed it is done, and it never changes.


and there is an important correction here, this indicator DOES NOT give Buy or sell signals, it highlights the high probable price reversal, that's why I stated in previously you need to use another indicators for entry.

no one should enter as soon as the pattern is formed, for me on H1 chart I accept the pattern signal for probable direction reversal only for the next 24 hours, in the next 24 hours I look for a a good entry point in the suggested direction by the pattern.

Mohamed Sabry  

illustration on EURUSD H1


this is for illustration, it is on EURUSD H1 chart today, you will notice that the pattern was formed 2 days ago, and the best signal appeared yesterday, and it is a completely profitable signal

Sham222  
Mohamed Sabry:

the latest leg updates due to the changing in the pattern ratios for the new high or new low, but as soon this higher high or lower low is formed it is done, and it never changes.


and there is an important correction here, this indicator DOES NOT give Buy or sell signals, it highlights the high probable price reversal, that's why I stated in previously you need to use another indicators for entry.

no one should enter as soon as the pattern is formed, for me on H1 chart I accept the pattern signal for probable direction reversal only for the next 24 hours, in the next 24 hours I look for a a good entry point in the suggested direction by the pattern.

yes i understand it doesnt give entry signals, i should say sell direction
Mohamed Sabry  
Sham222:
yes i understand it doesnt give entry signals, i should say sell direction
Sham222  
Mohamed Sabry:


this is for illustration, it is on EURUSD H1 chart today, you will notice that the pattern was formed 2 days ago, and the best signal appeared yesterday, and it is a completely profitable signal

thank you for that
slyG  
is your filter indicator for sale?  I cannot see it on your other products
Mohamed Sabry  
slyG:
is your filter indicator for sale?  I cannot see it on your other products
No not yet, I am still improving and testing it
Yi Lu  
Has been paid 1 months rent, how can not receive indicators?
Yi Lu  
Has been paid 1 months rent, how can not receive indicators?
Mohamed Sabry  
Yi Lu:
Has been paid 1 months rent, how can not receive indicators?
please check with the mql5 team, as they are responsible of the technical support and product providing
[Gelöscht]  
I will like to know if this indicator send notification to email as soon it completely form on chart..
Mohamed Sabry  
fx.lion:
I will like to know if this indicator send notification to email as soon it completely form on chart..

no it does not send e-mails, it only show:

  • Alerts.
  • Notifications.
in case you have Metatrader installed on a mobile phone for example and set the notification settings on the PC and the phone, you will receive the notifications on your mobile phone as soon as they appear

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