Basic Harmonic Pattern
This indicator identifies the most popular Harmonic Patterns which predict market reversal points.
- Allowed Deviation: Limit patterns to have Maximum allowed deviation from the ideal ratios for each pattern.
- Depth: Larger value means Larger Patterns and vice versa.
- Alert: Alerts message on MT4 terminal when a new pattern is found.
- Push: Push Notification to your MT4/MT5 app when a new pattern is found.
- Mail: Sending an email to your address when a new pattern is found.
Warning: Using the first input, you can choose to receive delayed but valid signals. If you are familiar with harmonic patterns, you know that repainting may be better than delaying.