Harmonic ABCD
30 USD
Demo heruntergeladen:
186
Veröffentlicht:
8 April 2016
Aktuelle Version:
1.5
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Hi Sergey.
I am using this indicator in backtesting. Does the indicator really shows ALL patterns which were not invalidated ?
Kind Regards
By the way there is a mistake in the default values : it is not 0.768 but 0.786 which should be entered for BC_max (square root of 0.618).
There are also mistakes in the other free harmonic indicators.
Kind Regards
hello Sergey
can you please send me the source code for this indicator thank you
kind regards
hello Sergey
can you please send me the source code for this indicator thank you
kind regards
with payment only
I have installed Armonice ABCD and I am very pleased with it but it works very slow on MT4. Can you please tell me why? Is it possible because of bars (they being too big)?
Nice indicator, works like a charm to detect the potential pattern on charts even when they are still forming.
Just a warning to those who backtest this and start thinking that this is a goldmine, it's a bit more difficult than this. Basically, you cannot backtest either this one or other harmonic indicators from this series.
The thing with backtesting is that you see just the patterns that formed correctly and not the ones that got broken!
Basically what happens is - at one point you might get a nice formed pattern, you get the potential target and the maximum reversal zone indicators on the chart and everything seems good to go, but the price can go past the reversal zone point and then the whole pattern gets invalidated. When this happens, once you load the indicator again on the chart, you are not going to see that shape there anymore, it will be gone!
I have installed Armonice ABCD and I am very pleased with it but it works very slow on MT4. Can you please tell me why? Is it possible because of bars (they being too big)?
It's most likely because your computer is too slow. I have used this and other harmonic patterns from this author before on my old computer and the metatrader became quite slow also, especially when using several indicators at the same time. With a new powerful computer, i don't have problems with using even all the 7 harmonic indicators at the same time, the waiting time is just a bit long only when I load all the indicators on smaller time frames (H1 and lower).
Pls I can't find the download link. Pls help
See https://www.mql5.com/en/articles/498
Harmonic ABCD is advertised as FREE.
When I click on download, the next envelope comes up asking whether I have MetaTrader4 to which I reply and then the envelope closes and nothing happens. What am I suppose to do to download the indicator? Pay for it? As in the above link which takes you to the indicators for sale.