Harmonic and Classic Patterns
The simple harmonic indicator is an accurate market indicator for all financial markets that have to do with open high low close charts when making investments in Forex or Stocks. It draws geometric patterns using mathematical ratios on Stock charts, Crypto-currency charts or Forex charts. some of the patterns includes;In general it has an accuracy of over 70% and can be very good when trading higher time-frames. The image below shows a sample of a butterfly harmonic pattern.
A sample of an harmonic pattern (image source) |
A real chart example |
Harmonic Pattern indicator link
A copy for Metatrader 4 can be found here and a detailed interactive forum on this indicator can be found here.LEARN HOW TO USE META-TRADER TO TRADE STOCKS AND THE BENEFITS
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