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Paul Geirnaerdt  

bobbyspiderweb:

Hey Paul, just curious when your next sale will be?

Also, any sites you might recommend for learning about harmonic patterns?

Bobby,

The next sale will be at the start of summer. So you need to have some more patience for that. It is just a few weeks away.

There are a lot of sites that teach the principles of Harmonic Trading. Not one that I can think of now except for babypips.com.

May the pips be with you.

Paul

Paul Geirnaerdt  

I have added rent options to Monster. You can now test the full version for as low as $ 29 per month.

 Enjoy! 

bobbyspiderweb  
Paul Geirnaerdt:

I have added rent options to Monster. You can now test the full version for as low as $ 29 per month.

 Enjoy! 

Hey Paul, I've never rented anything before, I'm just curious if the rental price is reduced from the total cost if we end up purchasing after we rent? much appreciated for allowing rentals, gonna test out now! 
bobbyspiderweb  
bobbyspiderweb:
Hey Paul, I've never rented anything before, I'm just curious if the rental price is reduced from the total cost if we end up purchasing after we rent? much appreciated for allowing rentals, gonna test out now! 
hmm the rental button isn't working for me.. i literally can't find the market in my fxcm MT4 demo.. not sure if fxcm demo might have market disabled or something? 
bobbyspiderweb  
bobbyspiderweb:
hmm the rental button isn't working for me.. i literally can't find the market in my fxcm MT4 demo.. not sure if fxcm demo might have market disabled or something? 
woah wait, I figured it out, rented it, but it only lets me use the crappy MT4 strategy tester??? I can't just put it on my charts and play around with it?? arrghh, please tell me I can put this $29 towards a purchase or get a refund at least
Paul Geirnaerdt  

@Bobby,

I am not sure how renting products from the markets works exactly. It is all new to me too. I suggest contacting MQL5 support if any issues arise.

Paul 

bobbyspiderweb  
Paul Geirnaerdt:

@Bobby,

I am not sure how renting products from the markets works exactly. It is all new to me too. I suggest contacting MQL5 support if any issues arise.

Paul 

Hey just trying to determine if the strategy tester version of monster is buggy or not, 'cause I thought Monster doesn't repaint, but I'm noticing in the rental it will occasionally seem to go back in time 50 or so bars to print a valid pattern on the chart. This was H1 time frame. 

Also I'm just curious if in your opinion trading harmonic patterns can work in tandem with some kind of trend following system? I use a lot of currency slope strength to determine I'm trading with the trend rather than against it, but in my short time using Monster in the strategy tester it seems like most of the valid patterns occur in a counter trend sort of manner. Bullish Butterfly in a downtrend for instance. Are harmonic patterns mostly used for reversals? thanks Paul 

Xamanus  

Hi, 

 Will this work on the Indian Stocks Markets ( NSE INDIA ) ? I trade from India. If this works only on metatrader 4, ill get it no problem but I need some kind of confirmation  if it works on other financial exchanges. 

 

Thanks and Kind regards, 

Paul Geirnaerdt  
Xamanus:

 Will this work on the Indian Stocks Markets ( NSE INDIA ) ? I trade from India. If this works only on metatrader 4, ill get it no problem but I need some kind of confirmation  if it works on other financial exchanges. 

Xamanus,

Monster works on any instrument with a regular price feed MT4 will offer. While I have no first hand experience with NSE INDIA I have no doubt Monster will work.

Regards,

Paul 

ikerinz  
Hello : Does the indicator repaint too much like others harmonic indicators? Thanks
Paul Geirnaerdt  
ikerinz:
Hello : Does the indicator repaint too much like others harmonic indicators? Thanks

The last leg (CD) of the pattern will adjust to the price feed. This is according to the definition of Harmonic Trading.

ikerinz  
Paul Geirnaerdt:

The last leg (CD) of the pattern will adjust to the price feed. This is according to the definition of Harmonic Trading.

Thanks. I mean if the quality of emerging patterns showing is good when pattern is completed and if indicator show the box of D point to know how many points will risk. Thanks.
Crit_Nasty  
Oh no. It repaints when patterns are completed. That's no bueno.
Paul Geirnaerdt  
Crit_Nasty:
Oh no. It repaints when patterns are completed. That's no bueno.

Let me try to explain it in another way.

By definition the XD ratio of a Gartley pattern must be between 0.786 and 0.886. This means the price at point D can vary between those two ratios. Therefore when price at D is between the right ratios the pattern is valid.

Paul  

James Turk  

Paul,

 

Correct me if I am wrong, but it does not seem to keep all old patterns.  For example, there was a GBPUSD pattern on Friday that failed, would have stopped out, but that pattern no longer shows on the charts.  

 

Is there a way for it to keep ALL patterns regardless of the price action after the pattern is completed?  This would allow some great back testing.

 Thank you  

mydays7  

Hi, Paul. 

as you replied to my comment a few month ago, you have plan to upgrade with adding AB=CD pattern recognition to this indicator.

when can i use upgraded indicator including AB=CD pattern ?

please tell me your plan. 

Thank you. 

Paul Geirnaerdt  

Summer Solstice has arrived. This is the start of my Summer Special Sale, good thru August 1st.

LAM WEI LEE  

hi

1. IS THE Monster Harmonic Indicator  can use in MT4 ??

2. do you have this as EA .

3.CAN I TRY ON MT4 before i buy from you ( if yes what should i do  ) ? 

4. do you have  Binary Options indicator too ??

Paul Geirnaerdt  
LAM WEI LEE:

1. IS THE Monster Harmonic Indicator  can use in MT4 ??

2. do you have this as EA .

3.CAN I TRY ON MT4 before i buy from you ( if yes what should i do  ) ? 

4. do you have  Binary Options indicator too ??

Short answers:

All my indicators are for MT4.

There is no EA available, but this might change in the not so distant future.

All indicators on MQL5 can be used in demo mode in the Strategy Tester.

I do not have a Binary Options indicator.

Regards,

Paul 

Olivier Nomblot  
How about adding Black Swan , White Swan , Total, Shark. These patterns work extremely well on Renko and nobody has them except you know who. Unfortunately brokers do a lot of stop hunting around traditional patterns. You now have to look for extensions beyond 1.81  I think it would be a valuable addition. Your program works on Renko charts right?
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