• Overview
  • Reviews (6)
  • Comments (196)
  • What's new

PZ Harmonics

Finding harmonic patterns in the chart and calculating ratios and projections can be time consuming, but not anymore! The PZ Harmonics indicator is probably the most complete harmonic patterns auto-recognition indicator, and has a set of features which make it unique.

  • It detects 19 different harmonic patterns
  • It plots the pattern name and vector ratios on the chart
  • It plots primary, secondary and derived Fibonacci projections
  • Fibonacci projections are vector-independent (0.618BC is not the same as 0.618XA)
  • It evaluates past price action and displays every past pattern (not just the last one)
  • It waits for a meaningful breakout after a pattern has been formed to signal the trade
  • It differentiates between perfect and unperfect patterns
  • It is as flexible detecting patterns as you choose
  • It implements alerts of all kinds
  • It plots the AB=CD projection!

It supports and recognizes the following patterns:

  • Bat
  • Gartley
  • Crab
  • Butterfly
  • Shark
  • Cypher
  • Alternate Bat
  • Alternate Shark
  • Deep Crab
  • White Swan
  • Black Swan
  • Max Bat
  • Max Gartley
  • Max Butterfly
  • A-Crab
  • A-Butterfly
  • A-Bat
  • A-Gartley
  • Sea Pony
Inspired by Scott M. Carney's book, this indicator has been designed to fulfill the needs of the most purist and exigent traders.



Input Parameters

  • Size of patterns: Size of patterns to be found -for them to fit on your chart-
  • Breakout period: Period of the donchian breakout needed to display a signal -after a pattern forms-
  • Max. History Bars: Amount of past bars in the chart to evaluate
  • Ratios Deviation: This parameter controls how much can the pattern ratios can deviate from the perfect definition
  • Display Stats: Enable/Disable chart stats about the displayed patterns
  • Bat: Display or hide this pattern
  • Gartley: Display or hide this pattern
  • Crab: Display or hide this pattern
  • Butterfly: Display or hide this pattern
  • Cypher: Display or hide this pattern
  • Shark: Display or hide this pattern
  • Alt Bat: Display or hide this pattern
  • Deep Crab: Display or hide this pattern
  • White Swan: Display or hide this pattern
  • Black Swan: Display or hide this pattern
  • Max Bat: Display or hide this pattern
  • Max Gartley: Display or hide this pattern
  • Max Butterfly: Display or hide this pattern
  • Alt Shark: Display or hide this pattern
  • A Crab: Display or hide this pattern
  • A Butterfly: Display or hide this pattern
  • A Bat: Display or hide this pattern
  • A Gartley: Display or hide this pattern
  • Sea Pony: Display or hide this pattern
  • Color of bullish patterns
  • Color of bearish patterns
  • Display points: Display X,A,B,C,D labels or not
  • Color of bearish label: Color of labels for bearish patterns
  • Color of bullish label: Color of labels for bullish patterns
  • Label font size: Font size for labels
  • Display ratios: Display or hide ratios between price points
  • Ratio label color: Font color for the ratio labels
  • Ratio font size: Font size for the ratio labels
  • Ratio line size: Line size for the ratio lines
  • Display projections: Hide or display fibo projections
  • Projection color: Color of the fibo projections
  • Projection line length: Size of the fibo lines
  • Projection font size: Font size for the fibo labels
  • Projection line: Size of the fibo lines
  • Projection filter (0 to 100): Percentage of the fibo ratios to display
  • Breakouts enabled: Enable or disable trading signals using donchian channel
  • Color buy arrows
  • Color of sell arrow
  • Size of arrows
  • Custom alert name
  • Pop Up alerts
  • Email alerts
  • Push alerts
  • Sound alerts
  • Sound file: Sound file to play on audible alerts


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

liuyunfeng1985
29
2017.09.02 11:54   

can't download to my mt4, I'd sent you an E-mail.....

Khalid Albarrak
635
2017.06.10 06:44 
 

This indicator is good

Red John
106
2017.05.29 13:08 
 

Beware folks!

I bought this product i was satisfied with it, but than very sudden developer updated it to a version what is not the one that i bought before, the results now are very different, worst!

I tried to ask for a solution, but he refused. I tried to ask for a refund. But he refused.

I call it a good reason to complain! And warning you about it... think twice before buying this.

hui689
98
2017.05.17 13:44 
 

可以退款吗? 这指标没一点用处

Pisethdara Keo
154
2014.06.16 17:56 
 

Thanks to Pz Harmonic, my trading result has changed... Earn more than 100 pips in just 4 days. Also, my risk is limited and smaller... Now I'm quite happy in tradings.

Etienne Hogue
1041
2014.03.12 20:43 
 

I just bought this indicator last night, harmonics looks very promising. I put two trades in and checked them the morning after, won both by 40 pips. I will be writing a review further on detailing my progress, I know 299 credits is a lot to spend for people but so far so good.

Version 7.2 - 2017.09.19
- Added a new parameter to control the ratio deviation allowed for pattern recognition, called "Deviation". This enables the trader to find more patterns, albeit not perfect ones.
Version 5.0 - 2017.05.17
- Added support for a total of 19 patterns
>> Bat
>> Gartley
>> Crab
>> Butterfly
>> Shark
>> Cypher
>> Alternate Bat
>> Alternate Shark
>> Deep Crab
>> White Swan
>> Black Swan
>> Max Bat
>> Max Gartley
>> Max Butterfly
>> A-Crab
>> A-Butterfly
>> A-Bat
>> A-Gartley
>> Sea Pony

- Removed dashboard as it was too consuming (Use the scanner instead)
Version 4.5 - 2016.04.26
- Improved alerts
Version 4.0 - 2016.02.18
- Indicator renamed due to copyright complaint from original author
- Improved ratio calculations
- Minor drawing bug fixes
Version 3.0 - 2016.02.02
- Added accuracy calculations for each pattern
Version 2.0 - 2015.07.29
- Added multi-timeframe pattern scanner
- Added "Alternate Bat" pattern