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  • Reviews (20)
  • Comments (33)
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PZ ABCD Retracement

Are you an harmonic trader? The AB=CD pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns.

  • Find harmonic retracements easily
  • Learn the basics of harmonic patterns
  • Useful to find cheap and expensive zones
  • Customizable AC and BD ratios (for purists)
  • Customizable breakout periods
  • Visual/sound/push/mail alerts
Inspired by Scott M. Carney's book (Harmonic Trading Vol1), this indicator fulfills the basic needs of harmonic traders at zero cost.
Please check our indicator, Harmonic Trading, for a more complete and comprehensive solution.


Some Nitty-Gritty Details

  • The indicator is evaluated every bar, not every tick.
  • The last point of the pattern repaints as the pattern expands.
  • You can have several indicators on the chart with different amplitudes.
  • An alert is displayed when the pattern forms and also when the breakout takes place.
  • A small percentage of trading signals can repaint. You can increase the breakout period.


Author

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

Arthit Arunroj
1679
Arthit Arunroj 2018.07.23 05:22 
 

Excellent indicator :-)

:: Myfxbook :: http://bit.ly/myFxbook

Muhammet Simsek
895
Muhammet Simsek 2018.06.20 11:56   

None of this and other products are useless. It's all garbage. Probably a brooker. Many of the calculations are wrong. Almost all are re-painted.

If you want to throw your money on the street, take this guy's products.

Products made especially wrong and incomplete! The real problem is here! Especially tuned to mislead your trade!

I write it as someone who bought a lot of products here.

I'm sorry for the bad english.

pnutfx503
1115
pnutfx503 2017.04.27 07:15 
 

It works worth every bit of $10.00

Fatih Ozturk
129
Fatih Ozturk 2016.10.06 10:48 
 

güzel indicator. ama trend zamanlarında repaint yapıyor. buna rağmen markette satılanların büyük bi çoğunluğundan güzel. h1 grafik üzerinde emtialar haricinde 10-15 indicator üzerine kurun. her sinyale girin. az kar edersiniz ama zararınız olmaz. 10 usd değerinde bir indicator den beklentinin çok daha fazlasını veriyor.

Ahmet Minaz
715
Ahmet Minaz 2016.06.11 16:23 
 

User didn't leave any comment to the rating

Rodrigo da Silva Boa
7154
Rodrigo da Silva Boa 2015.11.19 06:31 
 

Excelente trabalho...

cuncord1
369
cuncord1 2015.11.15 14:12 
 

Good Job .

Thanks

Rabbitpips
299
Rabbitpips 2015.07.18 21:17 
 

Works fine. With some trading knowledge - this is good tool ! Thanks !

Istvan Hideg
305
Istvan Hideg 2015.05.27 09:22 
 

Two words ! Backpainting and repainting. Sorry, a trader cannot rely an indicator that backpaints or repaints quite often.

Tamas Molnar
899
Tamas Molnar 2015.03.24 10:05 
 

:( no good is 1 win 5 lost :( no good system no work indicator! Sorry

takbir
327
takbir 2015.02.03 11:23 
 

User didn't leave any comment to the rating

Mikhail Korshunov
228
Mikhail Korshunov 2015.01.30 06:17 
 

Хороший индикатор.

Foone Manika
284
Foone Manika 2014.08.23 23:38 
 

Verry good indicator, if there a expert advisor available base on this indicator, I will definetly buy it.

Fritz5
168
Fritz5 2014.08.23 20:30 
 

User didn't leave any comment to the rating

ThaiTrader7
164
ThaiTrader7 2014.08.23 20:19 
 

User didn't leave any comment to the rating

Nesho Marinov
880
Nesho Marinov 2014.08.12 23:21   

Very good indicator and IT'S FREE.....

batmen
71
batmen 2014.06.29 17:51 
 

User didn't leave any comment to the rating

Vadim Strelkov
7767
Vadim Strelkov 2014.04.30 13:36 
 

User didn't leave any comment to the rating

Francis Dogbe
10054
Francis Dogbe 2014.04.22 14:48 
 

So far so good. Accurate enough 90%

Ramil Minniakhmetov
141633
Ramil Minniakhmetov 2014.04.17 20:26 
 

User didn't leave any comment to the rating

Version 6.0 - 2017.11.06
- Bug fixes in alerts
- Added two separate events for alerts (patterns and breakouts)
Version 2.0 - 2016.04.22
- Alerts issue fixed