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We have perfected this indicator to predict accurately the future market movements. Harmonic Papallons will give you the best price within a REVERSAL. Automatically scans the chart to find these Harmonic Patterns, and give you the chance to enter early in good operations. Also if selected, it will alert you in advance when future patterns appears.
🌟 The main goal🌟 for this algorithm is to determine with high precision the moment when a trend ends and a new one begins.
THE G✪LDEN TRADE, The perfect order: For those orders that had the perfect entry price. They were ALWAYS in profit, or the final profits are much much higher than the possible losses. Through the settings you can select different parameter (proportions) of golden trade production (more information).
ⱱ The trading system is suitable for experienced traders and beginners.
ⱱ The signals can be used for manual trading (short-term or long-term trading), scalping or binaries.
>>>> Simple to Use, Better Value & Profitable Features <<<<
➤ UNIQUE FEATURES
Ready to be used in Expert Advisors❗
7 included patterns (Butterfly,Gartley,Crab,Bat,Cypher,Shark,Star) + customer pattern❗
Simple format settings
It has arrows that point the best moment to buy/sell
Optimized, high speed 💨💨💨 it can be backtested really fast
It shows future patrons before created
It points when the price will reach the point to make the reversal
Ready to be used in many Time Frames and Pairs
Sound Alerts if desired
It includes a Dashboard
To see an extensive explanation of the features please See the manual here.
Do not operate against a strong trend
Once you have your operations TRAILING
Settings: Set up between a 10-15% of tolerance
➤ How to Use it (2 simple steps!)
Step 1.- Attach the indicator and select the settings that works better for you:
.- Select the patron to be shown by clicking true/false
.- Select the color
.- Select the level of tolerance (✋recommended 10-15%) level of precision to miscalculation
Step 2.- Wait:
.-Wait for a colored Pattern
.-Wait for Posible Pattern (not colored); Get ready to trade if the price reach the point; Use it to confirm your trend.
> Maximum Number of Bars to Calculate: Maximum Bars to look for Harmonic Patterns. 0 means the whole chart. We recommend lower values for faster backtesting.
> Hide all Patterns : Show or hide the patterns and only show the arrows.
> Visuals From Older Patterns : To visualize in the chart the older patterns.
> Hide Patterns When Overlap : To hide the patterns when they overlap between them for more clear charts.
> Show Fibonacci Projection : When the pattern appear, the possible Fibonacci Projection will be displayed to set TP or SL levels.
> Zig Zag Settings : Zig Zag inputs used for the calculation of the Patterns
> Pattern Proportions Tolerance : Tolerance percentage (or error accepted) for the ratios normally used for the harmonic patterns.
> Custom Pattern : Relation of the Price Retracement to define one custom Pattern
> Show Possible Future Patterns : To show the possible future patterns. Bigger the percentage, sooner it will show a possible pattern.
> Show DashBoard: Show or hide the Dashboard.
> Fibo Take Profit Target: Fibonnacci level to define the possible Take Profit (for the Dashboard simulation)
> Fibo Stop Loss Target: Fibonnacci level to define the possible Stop Loss (for the Dashboard simulation)
> Golden Proportion: Minimum relation between and “profit” and “loss” to be considered one Golden Trade.
Added "Custom Pattern" (to can define yourself the fibonacci levels for the Harmonic Pattern)
Added Trade Simulation.