Our Computerized Research in Financial Trading is what make us so special in our Software Business.
Credibility of our research is appreciated by over tens of thousands of Forex and Stock traders in the world.
Our book is available from all the major Book distributors in the World including Amazon.com, Apple Books, Rakuten kobo, Barnes & Noble, Scribd and Many others.
Scientific Guide to Price Action and Pattern Trading (Wisdom of Trend, Cycle, and Fractal Wave)
New Version of Correlation Ranking Heat Map Coming soon - 12 Dec 2018
As we have mentioned before, we will be released our new version of Correlation Ranking Heat Map. In the new version, you can tract market average and correlated group average inside the ranking table. This helps you gauge the strength of each symbol in once glance. Of course, for paid version, you can also study the patterns in historical level.
EURUSD is heavily penalized today. EURUSD turned to bearish even in the medium term outlook. It is continuously fall more than 100 pips now. But it is the same for its correlated pairs too (see the location of blue dots for correlated groups).
EURUSD made a fall around 90 pips. Today, the marked potential continuation zone become the support of EURUSD. Seems that EURUSD and potential continuation zone (PCZ) are highly synchronized. Please watch out the zones.
New Version of Correlation Ranking Heat Map Coming Soon
We are currently working on new version of correlation Ranking Heat Map. You will soon meet this new version. In the new version, we added the market average inside heat map. You can now compare your symbols to the market average.
GBPNZD is slow currency pairs among its correlated group including EURAUD, etc. Currently there is large negative spread between GBPNZD and EURAUD. Yet, you can check more or less same behavour in Correlation Ranking Heat Map.
At the same time, We found excessive momentum zone in GBPNZD. The key level would be the marked two levels from the excessive momentum zone.
The present state of Forex market can go through many different possible price paths to reach its future destination. Future is dynamic. Therefore, planning your trade with possible future scenario is an important step for your success. To meet such a powerful concept, we introduce the Harmonic Pattern Scenario Planner, the first predictive Harmonic Pattern Tool in the world among its kind.
Predicting future patterns for scenario analysis
11 Harmonic Pattern Detection
Automatic stop loss and take profit recognition for superb risk management
Pattern Completion Interval for precision trading
Potential Continuation Zone Detection for future price prediction
Potential Reversal Zone Detection for Point D identification
Automatic Channel Detection to go with Harmonic Pattern (Optional)
Multiple timeframe Pattern Analysis
Multiple timeframe Pattern Detection
Guided Trading Instruction for professional traders
Pattern Locking and Unlocking feature in your chart
Even more, please find it out.
Scenario Simulation for Future Harmonic Pattern
There are powerful simulation techniques known to generate possible future price patterns like Monte Carlos Simulation, Brownian motion simulation, etc. To do so, we need to understand the price behavior including distribution and its randomness. Then we repeat the simulation as many times as possible to identify various future price path. Some future price path may be very important for your trading whereas some other price path may be insignificant. Harmonic Pattern Scenario Planner collects those significant price paths only for your advance trading decision.
How to Use
You can run Harmonic Pattern Scenario Planner like Harmonic Pattern Plus to pick up the turning point. At the same time, you can predict the future patterns for the advanced scenario analysis. The predicted pattern can be used for the earlier decision making for your trading.
Reduce commission and slippage using pending orders in advance
Worst case scenario planning before taking position
Early identification of important support and resistance lines automatically in advance
More accurate prediction of entry and exit timing
How to Trade
Each Harmonic Pattern provides you the potential entry for the turning point. You might apply few other filters to improve your trading. Some of the basic filters you can apply include RSI, CCI, MACD, Bollinger Bands, and Moving Average. More advanced filter can include Price Breakout Pattern Scanner, Mean Reversion Supply Demand, Elliott Wave Trend, and Harmonic Volatility Indicator. Please note that the trading performance can vary for your trading experience and trading skills.
Here we list part of input setting. For full input setting, visit this webpage:
Harmonic Pattern Parameters 1 ( User Option ) ===========================
These parameters below concerns operations of Harmonic patterns. You can change button size, timeframe to detect patterns and alerts using these parameters. You can change timeframe of pattern detection. However, you cannot use smaller timeframe pattern detection for higher timeframe. For example, you cannot set Timeframe to detect patterns = H1 timeframe while you are using D1 chart.
Timeframe to detect Patterns
Max number of patterns to display
Pattern Index from which to display
Enable sound alert
Send email if pattern is found
Send notification if pattern is found
Display Fibo retracement (DC Future Price Projection)
Fibo Retracement Length
Fibo Retracement Color for pattern
Fibo Retracment Wdith for pattern
Use white background for chart
Amount of bars to scan for pattern search (1500 = default)
Detect Pattern at Every Tick: true or false only
Pattern Update Frequency (Period)
Here is the some market outlook where EURUSD were standing last week. EURUSD were moderately bearish in first two days, then it gradually moved on the bullish territory in the table. Overall, EURUSD was not the pairs with highest attention in the market but it was rather AUD and CAD pairs.
For your information, we are having Christmas and New Year Special Offer, please do not miss the opportunity. Plus we are making many extra updates on our products. You will hear many excellent news on December too.
We have started our Christmas and New Year Special Offer since 8th December 2018. Do not miss this great opportunity to buy the best Forex Indicator, Pattern Scanner, Inter-market analysis tools in the discounted price up to 35%. The price you see on mql5.com is discounted price. If you want to check the real price, then visit this latest special offer page below.