Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
HARMONIC PATTERNS OSW MT5
This indicator is in charge of detecting the Harmonic Patterns so that you can operate on them, giving you a signal so that you can add a manual analysis if you take the order or not.
Among the Harmonic Patterns that the indicator detects are:
>gartley
>bat
>Butterfly
>crab
>Shark
Among the functions that you can find are:
>Generate Alerts to Mail, Mobile and PC
>Change the colors of the Harmonics, both buying and selling.
>Determine the "Allowed Degrees", that is, if the Harmonic must touch 38.2, and the "Allowed Degrees" are 5, it will allow the price to be between 33.2 and 43.2, this because the prices do not exactly touch 38.2.
>Delete the Harmonics after 1000 configurable candles, this to avoid loading the graph with old graphic objects.
>Show the lines or impulses and setbacks that are being analyzed to know how the indicator is reading the movements.
>Zigzag configuration, which allows to measure price movements and to search for Harmonic Patterns.
