indicator harmonic

Posts: 10 · #46 - August 15, 2019, 02:24:44 PM

Thank you for sharing this free indicator, and I see the picture is pretty good, hopefully the signal is accurate

Posts: 22108 · #47 - February 07, 2026, 11:43:54 AM

Thank you for your initiative. Sharing indicators like the harmonic dash is certainly very useful, especially for traders interested in using harmonic patterns in technical analysis.

Posts: 1398 · #48 - February 07, 2026, 12:06:45 PM

This indicator is more suitable for swing or long-term trading, as it doesn't require multiple entries.

Posts: 22108 · #49 - February 10, 2026, 11:48:00 PM

Quote from: eaforex5 on February 07, 2026, 12:06:45 PM

This indicator is more suitable for swing or long-term trading, as it doesn't require multiple entries.

This indicator is more ideal for swing or long-term trading because it emphasizes patience and entry quality. When used appropriately in the market context and combined with sound risk management, this approach can actually produce more consistent results than entering positions too frequently.

Posts: 1398 · #50 - February 10, 2026, 11:56:04 PM

In my opinion, this indicator has higher accuracy if used in a large time frame, such as H4 or Daily on MetaTrader.

#51 - **Today** at 11:47:02 AM

Posts: 22108 · #51 - February 14, 2026, 05:53:33 AM

Quote from: eaforex5 on February 10, 2026, 11:56:04 PM

In my opinion, this indicator has higher accuracy if used in a large time frame, such as H4 or Daily on MetaTrader.

Indeed, larger time frames produce cleaner signals. On H4 or Daily, market noise is much less than on M1, M5, or M15. The smaller the time frame, the more false signals due to short-term fluctuations.

Posts: 22108 · #52 - February 23, 2026, 09:49:59 PM

Quote from: ageseko on February 14, 2019, 04:04:02 AM

or better it can be installed directly on the chart and see the results whether we are able to read the signals generated from this indicator or still need to learn a lot about this indicator

Learning indicators is a gradual process. If, after installing them on a chart, the signals still seem confusing or frequently misread, it doesn't mean the indicator is bad, but rather that the trader still needs more in-depth study.

Posts: 22108 · #53 - February 24, 2026, 11:15:02 PM

Quote from: Pusara on August 05, 2019, 04:51:27 AM

Harmonic Pattern trading techniques in price history will always be repeated.

Harmonic patterns are based on the concept that price movements tend to form repeating patterns based on Fibonacci structures and ratios. Historically, patterns like the Gartley, Bat, Butterfly, or Crab frequently reappear because the market is driven by the collective psychology of market participants, which remains relatively consistent over time.