[DOWNLOAD] PZ Harmonic Trading
Product Description
Harmonic Trading
Metatrader (MT4/MT5) Indicator
"Harmonic Trading profits from the natural order of the financial markets."- Scott M. Carney
Are you an harmonic trader? The PZ Harmonic Trading indicator is probably the most complete harmonic patterns auto-recognition indicator, and takes fibonacci projections as seriously as you do.
- Detects Bat, Gartley, Crab, Butterfly, Cypher and Shark patterns
- It plots primary, derived and complementary Fibonacci projections
- It evaluates past price action and displays every past pattern
- It plots all the pattern ratios on the chart
Inspired by Scott M. Carney's book "Harmonic Trading Vol. 1", this indicator has been designed to fulfill the needs of the most purist and exigent harmonic traders.
- Fibonacci projections are vector-independent
- It implements email/sound/push alerts
- It plots the AB=CD projection
Enhance your trading activity with the best Harmonic Patterns auto-detection indicator, just like our customers have already done.
- Lifetime software updates and support
- Current version is 1.0 (Updated November 2013)
- Need help? Watch thetutorial. Too much trouble? Use the buy directly button below.
Who is this tool for?
The PZ Harmonic Trading indicator has been crafted for educated harmonic traders who are looking for a top-notch indicator, and are tired of useless "fancy triangles" indicators.
What this tool is not
This indicator is not suitable for uneducated traders, or those who don't know what harmonic trading is. It is not a trading system nor a signals indicator. What is harmonic trading?
How to trade
A brief introduction
Harmonic Trading is a methodology that utilizes the recognition of specific price patterns and the alignment of exact Fibonacci ratios to determine highly probable reversal points in the financial markets. This methodology assumes that trading patterns or cycles, like many patterns and cycles in life, repeat themselves. The key is to identify these patterns, and to enter or to exit a position based upon a high degree of probability that the same historic price action will occur. Although these patterns are not 100% accurate, these situations have been historically proven. If these set-ups are identified correctly, it is possible to identify significant opportunities with a very limited risk.
The Potential Reversal Zone (PRZ)
The concept of the Potential Reversal Zone (PRZ) was originally outlined by Scott M. Carney in his book, "The Harmonic Trader"
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