Advanced Pattern Indicator (MT4)
The most well-known harmonic patterns include the Gartley pattern, Butterfly pattern, Crab pattern, and Bat pattern. These patterns are identified by specific ratios between the price moves and often have specific retracement and extension levels. They are believed to represent important levels of support and resistance, and traders use them to identify potential entry and exit points for trades.
While harmonic patterns can provide useful insights into market movements, they should not be relied on as the sole basis for trading decisions. Like all technical analysis tools, harmonic patterns should be used in conjunction with other forms of analysis and risk management strategies.
You can check out this video if you have any confusion with how to apply this indicator on your MT4 platform.
The most well-known harmonic patterns include the Gartley pattern, Butterfly pattern, Crab pattern, and Bat pattern. These patterns are identified by specific ratios between the price moves and often have specific retracement and extension levels. They are believed to represent important levels of support and resistance, and traders use them to identify potential entry and exit points for trades.
While harmonic patterns can provide useful insights into market movements, they should not be relied on as the sole basis for trading decisions. Like all technical analysis tools, harmonic patterns should be used in conjunction with other forms of analysis and risk management strategies.
You can check out this video if you have any confusion with how to apply this indicator on your MT4 platform.
The most well-known harmonic patterns include the Gartley pattern, Butterfly pattern, Crab pattern, and Bat pattern. These patterns are identified by specific ratios between the price moves and often have specific retracement and extension levels. They are believed to represent important levels of support and resistance, and traders use them to identify potential entry and exit points for trades.
While harmonic patterns can provide useful insights into market movements, they should not be relied on as the sole basis for trading decisions. Like all technical analysis tools, harmonic patterns should be used in conjunction with other forms of analysis and risk management strategies.
You can check out this video if you have any confusion with how to apply this indicator on your MT4 platform.
This Indicator is free for Premium and Priority Members