korHarmonics is an indicator written in mq4 for
Metatrader4 (MT4) platforms.
It automatically looks and presents (real-time and
history) harmonic and price patterns appearing on any market and instrument
supported by MT4.
For the user it means:
- possibility
to monitor multiple markets, instruments, timeframes
- possibility
to define set of favorite patterns to look for
- assurance
that each pattern will be spotted and the user alerted
- at the
end spending less time looking at the monitor, but not missing an
opportunity
The market repeats continuously and on each timeframe.
It does not draw anything new and will never draw anything new. It is just
important to spot repetitive patterns, in order to remember their past behavior
and get alerted on time when they show up next time. korHarmonics supports you
in this.
There is no indicator that completely
replaces an investor’s eyes. Some recognized formations are ‘DO NOT TOUCH”. Some
look good, but still fail. It’s the responsibility of each investor to study
and learn when to play and when to stay out of the market.
See www.TradingArsenal.com. This sub-forum Forum: KorHarmonics Indicator Releases is dedicated to the korHarmonics indicator and korHarmonics related initiatives.
You may ask questions, look for the answers, share your strategies and entries
screenshots. You will find there also information related to the latest public versions
of the indicator and comments to your ideas.
Functionality in the last publicly available korHarmonics version (6.7.13):
1. Automatic real-time and history harmonic
and price patterns recognition and presentation. See korHarmonics manual korHarmonics Manual Documentation for the full list of supported formations.
2. Support for multiple markets, instruments
and timeframes
3. Early identification of the emerging/potential
formations (“Emerging patterns”).
4. ZIGZAG with its price and time
relationships
5. Possibility to automatically save found
pattern picture into a GIF file.
6. Alerts and sound alarms.
7. Choosing favorites patterns, filtering out the
others
8. Templates with predefined optimal
parameters
9. Default MinSwing pre-configuration for
ZIGZAGs
10. Integration with korSigMonitor the
indicator which allows you to monitor multiple formations, markets, instruments,
timeframes on the single page.
The latest official public version of the korHarmonics indicator is available here -> korHarmonics indicator - the latest official public release - FREE download
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