just the best for harmonic patterns! (y)
Monster Harmonic Indicator
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone).
Users can add their own user defined patterns to Monster.
Besides the current pattern, Monster also shows all patterns in the symbols history.
Monster will provide alerts for developing patterns.
Introduced by H.M. Gartley and popularized by Scott M. Carney, harmonic patterns are one of the best instruments in the traders' toolkit. While the underlying Fibonacci projections and ratios are fairly complex, this indicator makes detection and discovery of the harmonics patterns easy. Monster gives you the right tool to become a better Harmonics trader.
Settings
Monster's default settings are good enough most of the time. Feel free to fine tune them to your needs.
- Show only current patterns? - set to true to detect current patterns only
- Show Pattern Projections? - show/hide projected patterns.
- Show Invalidated Patterns? - show/hide invalidated patterns.
- Minimum Accuracy Percent - minimum accuracy percentage for pattern recognition.
- Price Must Touch All Minimum Ratios - set to true to force Monster to touch all minimum ratios, set this if you want the price to touch all minimum ratios and provide even better patterns.
- Show 'PatternName' Patterns? - show/hide specific pattern.
- Show Pattern Label? - set to true to show the pattern label in the chart.
- Show Pattern Accuracy? - set to true to show the pattern accuracy in the chart.
- Show Ratio Labels and Lines? - set to true to show the ratios of the pattern in the chart..
- Show Initialization User Patterns? - set to true to show the results of the initialization of the user patterns in the Experts tab.
- Show Fibonacci Projections in PRZ? - show/hide Fibonacci projections in PRZ.
- Show Perfect Ratio Levels? - show/hide perfect Fibonacci projections in different color.
- Show Risk/Reward in PRZ? - show/hide risk/reward PRZ.
- Show Alerts? - enable/disable all alerts.
- Alert Projected Patterns? - enable/disable alerts for projected patterns.
- Show Screen Alerts? - show/hide screen alerts.
- Email Alerts? - set to true to email alerts.
- Push Alert Notifications? - set to true to push alerts.
- Color Palette - choose a color palette for a 'Dark' or 'Light' background.
- colo(u)rs - you know what to do.
- Zigzag parameters - set ZigZag parameters.
User Patterns
Users can add their own patterns to Monster. Just modify the Monster_UserPatterns.csv to include your patterns. The.csv file can be found in the files folder of the User Data Directory. A sample pattern is already included in the file.
Free Demo
Monster will work in the Strategy Tester. It is best tested in Visual Mode as you can see the detected patterns in the display. Try EURUSD on H1 starting January 1, 2017.
Developers
Monster publishes the current pattern through the iCustom() function. See the sample code at the comment #273 (page 14) of the Comments section.
Loose Ends
Monster will only repaint the last point of the pattern (the D point) to its definition, it follows price.
Full Description
Read this blog post for more information on Monster.
Vídeo
Comentários 29
sunflower007
2018.08.26 14:07
#
Is the ratio of balance to stop loss 1:1.5?
Is the software setting the most conservative percentage?
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Settings Fractalicious default settings are good enough most of the time. Feel free to fine tune them to your needs. Show last fractal - Set to true to show fractals from the last completed bar. (This could move the fractal if the current b
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The Engulfing Bars indicator shows Engulfing Bars, the signal and the suggested stoploss and take profit. Engulfing Bars are an important price action pattern. The price action of an Engulfing Bar completely covers the price action of the previous bar. Engulfing Bars are most often used on higher timeframes.
Settings Engulfing Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. Show Engulfing Bars - Set to true to show Engulfing Bars. Body size pe
30 USD
Riskscope shows all relevant information about your trades on screen. Information on Stop Loss and Take Profit can be shown as price, pips or exposure. Besides, Riskscope can display a high- and low-watermark of the total of your basket of trades. Settings Riskscope's default settings are good enough most of the time. Nearly all of them are fairly standard. Here are the ones that need some explanation. Monospaced font - set this to the (name of) the font you want to use. A monospaced font looks
13 USD
Pivots is an indicator to show pivots for relevant time frames. Besides the pivots the indicator can also show daly open line, the resistance and support levels, the ADR Fibonacci levels and the order of the pivots. Pivots includes an intelligent algorithm to eliminate Sunday candles, but only if your broker provides those. Pivots are significant price levels that may serve as support, resistance or breakout levels Settings textFont - font to use for the labels. textSize - font size. textColor -
29 USD
The Inside Bars indicator shows Inside Bars, the Breakout Zone and Breakouts thereof. Inside Bars are an important price action pattern. The price action of an Inside Bar is completely covered by the price action of the previous bar. Inside Bars are most often used on higher timeframes. Settings Inside Bars default settings are good enough most of the time. Feel free to fine tune them to your needs. ATR factor to skip large candles - very large candles should be filtered as they often cover othe
30 USD
The Candle Patterns indicator shows popular candle patterns on the chart. The possible patterns are Inside Bar, Large Wick, Engulfing, Marubozu, Hammer, Shooting Star, Three White Soldiers and Three Black Crows. Candles are colored to easily identify the patterns. Also, a point and click function displays the pattern found.
Settings Message box - when a candle is clicked, the pattern identified will be shown in a Message Box on the charts. All 'Message Box' settings pertain to the box. Show In
30 USD
Better Support & Resistance shows the best support and resistance lines and zones. It is based on Fractals with the factor of your choice. All fractals are assembled, weighted, extended and merged into a clear set of support and resistance lines. The immediate nearby lines are shown as zones when price is in that zone. Better Support & Resistance gives you the best overview of the important price levels.
Settings Better Support & Resistance's default settings are good enough most of the time.
30 USD
The Flying Volume indicator is a specialized volume indicator. It deciphers the volume data after heavy proprietary number crunching. When a main signal is found Flying Volume will look for possible continuation points. The main signal is shown by arrows, the continuation points by dots. Volume indicators are most often used on higher timeframes.
Features Main Buy or Sell signals Continuation signals No repainting One signal per bar
Settings Flying Volume default settings are good enough mos
30 USD
Breakout Hero is a Multi Symbol , Auto Timeframe , Breakout Expert Advisor . It recognizes breakout patterns and will set pending trades. When triggered Breakout Hero will monitor trades and adjust the stop loss. Breakout Hero is a multi symbol EA, it will trade EURUSD, GBPUSD, USDJPY and USDCAD. Also, Breakout Hero is auto timeframe. Just drop Breakout Hero on any chart and start trading. Only one chart is needed, Breakout Hero will trade the symbols you pick from the settings. You can monitor
99 USD
Dark Rider is a Night Scalper Expert Advisor . It recognizes overbought and oversold conditions in the hours after close of the New York Exchange and trades accordingly. Dark Rider features an on screen monitor and settings panel on which you can monitor your status and progress. A signal for Dark Rider can be found here .
New in version 1.5 The option 'Stay in trending trades' is new for version 1.5. It will keep you in trending trades. Profitability has been increased while drawdown has be
149 USD
Diverence Dash is a MACD, RSI, OBV, Momentum, Stochastic or Standard Deviaviation Divergence Dashboard. It will scan all symbols and timeframes you want. Also, Divergence Dash can open charts with the divergence found using the template of your choice. Divergences are often used as a leading indicator and, by using Divergence Dash, are easy to spot. The risk/reward ratio in divergence trading is very low. What can Divergence Dash for you: Find MACD, RSI, OBV, Momentum, Stochastic or Standard Dev
59 USD
Fusion Trader is a Multi Symbol , Auto Timeframe , Expert Advisor . It features several strategies for different symbols and timeframes. Fusion Trader will monitor trades and adjust the stop loss. Fusion Trader is a multi symbol EA, For now, it will trade EURUSD, GBPUSD, GBPJPY and EURGBP. Also, Fusion Trader is auto timeframe. Just drop the EA on any chart and start trading. Only one chart is needed, Fusion Trader will trade the symbols you pick from the settings. You can monitor your p
79 USD
MonsterDash Harmonics Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found.
Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for th
169 USD
Filtro:
Hanfei Zhu
2015.03.07 15:05
#
Lovely interface -- clean and easy.
Looking forward to using this. Thanks for your wonderful work.
Paul, thanks very much for this great indicator. I use it to trade daily from both my desktop or laptop when I travel. Cheers Doc
Olivier Nomblot
2015.07.19 11:59
#
Good Indicator clearly sits on my charts normal and more importantly Renko . It is a nice visual compliment to my EA . Highly recommended. Cant wait for the new patterns !
I am renting this for a month because I am new to harmonic patterns (although love using my fib tool). I am extremely impressed! The projected patterns have been accurate as have the actual pattern SL and TP levels. Currently testing it on demo on forex and commodities, it has worked on both. If the rest of the month carries on with this level of success I will definitely buy this indicator. Highly recommended.
this is one of the best Harmonic Pattern Indicator out there I've ever use. For real.
Great value indicator. It shows all patterns as it should. A lot of parameters can be customize. Nice visibility, all pattern values, TP, SL, variant targets are shown on the chart. Very good contact and help from author. Thanks
High quality indicator, provides all the key metrics for harmonic trading with flexible settings. Paul's support is very good, and he is continuously improving and developing his products which is very pleasing to see.
Thank you Paul!
Gursimran Singh Bharaj
2016.07.21 06:06
#
it is an excellent indicator for trading harmonic patterns. but before buying i request all of you to know and read about harmonic patterns. it is not a holy grail but a tool that can be used in your arsenal. overall a very good product.
Qingshan Li
2016.09.05 22:18
#
this is a great indicator, I rent for month to test first and looking for discount to get this indicator. THanks Paul for your hard work .
Nikolay Granadskiy
2017.01.13 11:35
#
Хороший индикатор. Если правильно применить настройка и соблюдать риски, то прибыль будет безусловно.
Новичкам не подойдет. Нужен опыт торговли и своя торговая стратегия.
Does everything that it's supposed to do very good. Use it right and it's free.
Jose Saul Martinez
2017.06.27 20:05
#
I have download it I rent it for 1 month first day of work is doing what it says on description...
I will write a second review before the end of my rent period.
Thanks...
Daniel Sesay
2017.07.01 15:57
#
Pretty good so far. Harmonics is what it is, this just takes the load of plotting on each chart. The theory stands up relative,not a holy grail there is lots of stuff out there, no matter what anyone does people will lose money as emotions take over. I am pleased with this, great coding!
Great indicator for finding patterns! A word of caution though that seeing a pattern doesn't mean you should trade it.
Cristian Eriksson
2017.09.05 18:08
#
After all the updates removing the clutter, I can finally say that this is an excellent product. But beginners don't get your hopes too high, you'll stil need to lern to trade these formations manually to make full use of this indicator. But lerning theses things manually and where to find them is an amazing skill that you'll never regret.
offshorex7
2018.08.19 01:19
#
best pattern indicator. and it will be the greatest if only we can see a pourcentage ratio board of validated pattern/failed pattern on the chart to let the user choose the best setting and the best timeframe... maybe on weekly chart pattern are 100% validated but we cannot know because there is no past history for failed pattern... so it will be a great helps if!!. And also add the "completion max price" level of each pattern on the chart it will help for "the stop loss set up" :) thanks for you patience sir Paul :) i hope we will see these two revolution on the next update!!! you the man! 5 stars here!
sunflower007
2018.08.26 14:07
#
Is the ratio of balance to stop loss 1:1.5?
Is the software setting the most conservative percentage?
i got this indicator and i tried it for 3 months. this indicator is the best ever. i strongly recommend this indicator. thanks paul for been the best GOD BLESS
Nicolas Dobrovsky
2020.11.23 08:41
#
I test this indicator along with divergence. Unfortunately, I have only a 50% success rate.
faithdefender
2021.01.14 21:21
#
If you have read my reviews, I am consistent with my evaluations. Quality and price! Does the indicator work and is the price commensurate with the quality? This harmonic indicator does, in deed, work. Does it find everything? No. But I own four others and this, for the price and the quality, is one of the better ones that I own. And it permits you to add your own "user defined patterns" which the vendor helped me out with. I recently purchased XABCD and I have yet to figure it out (even though they have a special room to attend for 6 months) It is six times the price of this indicator. My point being, if you are going to buy a harmonic indicator, find one that works and find one that is affordable. The person above said it worked 50 percent of the time. If you paid $600. dollars and it worked 50 percent of the time, and you paid $79.00 and it worked 50 percent of the time, you would be happy with this. Besides, look at the others on here for over 150.00 up to 350.00? And you have no guarantees that they will work over 50 percent of the time. I will use it for a couple of months and if I make money, I will return with another star. I would like to see Paul address the recommendations above from OFFSHOREX7.
Versão 3.3
2018.07.24
* Optimized code to correct use on templates
* Removed Control Panel
* Added Alt Bat, Deep Crab, 3 Drives & 5-0 patterns
* Alerts for projected patterns
* Setting to detect only current patterns
* Alerts for patterns that change into other patterns
* Removed Control Panel
* Added Alt Bat, Deep Crab, 3 Drives & 5-0 patterns
* Alerts for projected patterns
* Setting to detect only current patterns
* Alerts for patterns that change into other patterns
Versão 3.2
2017.08.10
* Minor code optimalization
* Delete obsolete Monster objects on initialization
* Added user setting to show or hide ratio lines and labels
* Delete obsolete Monster objects on initialization
* Added user setting to show or hide ratio lines and labels
Versão 3.1
2017.04.14
* Ghost patterns now (finally) resolved
* Monster will show invalidated patterns on forward backtesting or use.
* User patterns can be easily recognized by the '*' added to the name.
* Monster will show invalidated patterns on forward backtesting or use.
* User patterns can be easily recognized by the '*' added to the name.
Versão 3.0
2016.10.18
* Ghost patterns issue resolved
* Pattern and accuracy label optimized
* User patterns from .csv file
* iCustom buffers introduced
* Pattern and accuracy label optimized
* User patterns from .csv file
* iCustom buffers introduced
Versão 2.700
2015.10.26
* Dragon pattern
* Issue with repainting patterns resolved
* New user setting 'Maximum Number of Bars to Look Back?', default 2000
* Issue with repainting patterns resolved
* New user setting 'Maximum Number of Bars to Look Back?', default 2000
Versão 2.600
2015.09.16
Monster Harmonics v.2.6
* Issue with overlapping triangles resolved
* Minor bug in Cypher PRZ resolved
* Optimized function Period() to PeriodSeconds()
* Improved object naming
* Issue with overlapping triangles resolved
* Minor bug in Cypher PRZ resolved
* Optimized function Period() to PeriodSeconds()
* Improved object naming
Versão 2.500
2015.08.10
New patterns:
- Black Swan
- White Swan
- Shark
- AB=CD
- Black Swan
- White Swan
- Shark
- AB=CD
Versão 2.400
2015.06.05
Strategy Tester compliance.
Versão 2.300
2015.03.24
- Added control panel
- Optimized accuracy
- Optimized accuracy
Versão 2.200
2014.12.12
- Fixed issue with updating on smaller timeframes.
Versão 2.100
2014.12.02
- Alerts; Screen, Email & Push.
- Color Palettes: Pick 'Dark' or 'Light' background.
- Color Palettes: Pick 'Dark' or 'Light' background.
Versão 2.0
2014.10.31
This is a major upgrade.
* Monster now shows current as well as past patterns
* Optimized code
* Advanced caching
* Improved performance
* Monster now shows current as well as past patterns
* Optimized code
* Advanced caching
* Improved performance
Versão 1.1
2014.10.21
* Optimized code
* Added color parameter for pattern label
* Changed PRZ ratio label position
* Added label when no patterns are found
* Added color parameter for pattern label
* Changed PRZ ratio label position
* Added label when no patterns are found
i got this indicator and i tried it for 3 months. this indicator is the best ever. i strongly recommend this indicator. thanks paul for been the best GOD BLESS