Harmonic Patterns System Overview
Harmonic patterns primarily consist of geometric pattern structures using Fibonacci sequences. The geometric price pattern structures are defined by both retracement and projection Fibonacci levels that are plotted from reversal swings and legs. Harmonic pattern structures provide unique opportunities for traders, such as potential price movements and key turning or trend reversal points. This factor adds an edge for traders as harmonic patterns attempt to provide highly trustworthy information on price entries, stops and targets information.
Built specifically for harmonic traders and harmonic pattern enthusiasts who are familiar with both Pattern Completion Zone (PCZ) and Potential Reversal Zone (PRZ) reversal methodologies. The system is currently available for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The harmonic pattern indicator, dashboard and Expert Advisor (EA) are non-lagging and non-repainting with options to optimize projected harmonic trading setups thus enabling users to receive the same results for the same parameters used on different system components.