Harmonic Trading - page 57
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I totally agree but its russian and all comments are in azbuka so i do not know what each parameter does. Can someone please translate into english?
I translated the comments (attached indicator).
Sorry for the bad translation as I am not fully understand what this indicator is doing.
This indicator is working on historical data only and it is not changing itself in real time.
ZigZag with Pesavento numbers
ExtHidden:
0 - all lines are hidden. Usual ZigZag.
1 - showing all lines between fractals, which are having % of recovery >0.21 and <5.
2 - lines where % of recovery is equal to Pasavento numbers (and 0.866 for Gartly patterns) are appeared only.
3 - showing the lines matched in items 2 and respective lines.
4 - showing non-Pasavento numbers and respective lines.
ExtFractal - number (quantity) of fractals (maximums, minimums), which are participating in drawing lines to other fractals.
ExtFractalEnd - number (quantity) of fractals which are drowing the lines to. They are end-of-drawing-lines fractals. If ExtFractalEnd=0 so the last fractal is equal to the maximum numbers of fractals.
Minimum value ExtFractalEnd=5
ExtDeltaType:
0 - % of recovery "as is".
1 - tolerance calculation (%-Pesavento number)<ExtDelta.
2 - ((%-Pesavento number)/Pesavento number)<ExtDelta
ExtDelta - (tolerance) deviation of calculation. It is the possible turning area. should be 0<ExtDelta<1.
ExtFibo:
true - Fibonacci levels (relatively to the next to last zigzag min/max).
false.
I will try
I totally agree but its russian and all comments are in azbuka so i do not know what each parameter does. Can someone please translate into english?
I am following this thread and I am quite impressed. Keep going.
Note that my mother tongue is neither english, nor russian. So it may not be perfect. Here are my 2 cents.
ZigZag using Pasavento numbers.
ExtHidden - 0 - all lines are hidden. Looks like normal ZigZag
- 1 - shows all lines between fractals that retrace between 0.21 and 5
- 2 - shows lines that retrace exactly exactly numbers of Pasavento
(and 0.866 which is necesary for Gartley)
- 3 - shows nubmers calculated in number 2 and corresponding lines
- 4 - shows numbers that are not numbers of Pasavento and corresponding lines
ExtFractal - count of fractals (max, min), that are connected with lines to other fractals
ExtFractalEnd - count of fractals, that are connected to the other fractals.
If ExtFractalEnd=0 the last fractal is equal to max count of fractals.
Min is ExtFractalEnd=5
ExtDeltaType - 0 - shows per cent as is
- 1 - allows deviation (per cent from number of Pasavento)<ExtDelta
- 2 - ((per cent - number of Pasavento)/number of Pasavento)<ExtDelta
ExtDelta - allowed deviation. Must be between 0 and 1 (0<ExtDelta<1)
ExtFibo - true - shows Fibonacci Retrecament
- false - hides Fibonacci Retrecament
(relative to the before the last ZigZag)
#property copyright "nen@.....ru"
#property link "http://onix-trade.net/forum/index.php?act=post&do=reply_post&f=9&t=118"
Cool Indicator. thanks newdigital and kiro_76 for sharing and/or translation.
@newdigital and kiro
thanks for the translation of the comments.grate tool for harmonic traders
3 daily bearish butterflies on eurjpy,gbpjpy,chfjpy
I found this indicator.
And I don't understand what this indicator is doing.
But may be you need it.Thanks again Newdigital!! I was just about to post a question about how do we plot the retracements on the chart and now you have found this indicator!! I really do appreciate it. This is the final piece to the puzzle for me...... I think?
Cool Indicator. thanks newdigital and kiro_76 for sharing and/or translation.
I'll second that!!
I found this indicator.
And I don't understand what this indicator is doing.
But may be you need it.See this page:
http://www.ensignsoftware.com/tips/tradingtips35.htm
Coyan
Ziko,
Where did you get the indicator that states what pattern that is? In the picture, it shows that you have a Bullish Crab Pattern on the USDCHF. Could you please post a link or the actual indicator?
Thanks!!