Wednesday, October 9, 2019

Harmonic Patterns

Harmonic Patterns


Advisor, created to trade on harmonic pattern. The trade does not use any indicators and highly risky strategies like the martingale or grid orders. For each transaction set a stop-loss and take-profit, accompanied by function open positions bezubytka and trailing stop. Writing additional feature for checking the level of stop-loss. If, for whatever reasons, there is no open order stop loss or take profit, Advisor will automatically set these levels with new teak, depending on the input parameters.


I'm not specifically prescribed in the advisor strict conditions for certain patterns, and thus it can be flexibly customized to some work on the identification of Harmonic Patterns. When the ShowPatterns functions adviser draws on the graph found Harmonic Patterns. All settings to define criteria for the selection and pattern recognition withdrawn into external and allows the trader to easily manipulate them.




Advisor can be configured to identify patterns:



  • butterfly Gartley

  • Butterfly Gartley. custom ratio

  • Butterfly Pesavento. (Ideal model Butterflies)

  • Harmonic patterns as "Matryoshka"

  • Harmonic patterns. Bat

  • Harmonic patterns. Crab

  • Harmonic patterns. deepwater Crab




Options



  • TypeOrderExecution - type of order execution. Market Execution and Instant Execution;

  • AutoDigits - automatic recalculation of parameters for 3-5 iconic quotations;

  • BalanceRisk - calculation of the trading lot on the balance / free margin;

  • Lots - Fixed Par, if BalanceRisk parameter = 0;

  • TakeProfit - Take Profit in points;

  • StopLoss - Stop Loss in points;

  • Magic - magic number to the transaction;

  • MaxSpread - the maximum spread for the opening orders;

  • BuyColor - order the color on the purchase;

  • SellColor - order the color for sale;

  • MaxAttempts - the number of attempts to open an order in the event of slippage;

  • DelaySeconds - pause in seconds between attempts;

  • Slippage - Maximum price slippage;

  • ZigZag - the number of extrema ZigZag Patterns for building;

  • Backstep - the least amount of spark between the connecting points (ZigZag);

  • Deviation - the minimum distance between local extrema, expressed as a percentage% (ZigZag);

  • Depth - the shortest distance (expressed in candlestick bars), which will be drawn new high or low;

  • X1 - error above extremum as a percentage;

  • X2 - uncertainty following extremum as a percentage;

  • XB - fib level from point X to point B;

  • XD - fib level from point X to point D;

  • AC - fib level from point A to point C;

  • BD - fib level from point B to point D;

  • ShowPatterns - show / hide Harmonic Patterns;

  • * BorderClr - outline color Pattern;

  • * BodyClr - Body color Pattern;

  • * FiboClr - Color Pattern fib level;

  • * TextClr - color designations extremum point;

  • Breakeven - enable / disable function bezubytka;

  • StartBreakeven_1,2 - the number of points which have been passed by in a profitable direction for the withdrawal position to breakeven;

  • StepBreakeven_1,2 - distance in points, which is exposed to the level of bezubytka;

  • Trailing - turn on / off the trailing stop;

  • TrailingStart - the minimum number of points which have been passed from the opening price of the warrant for the trailing;

  • TrailingStop - the number of points to start trailing stop;

  • TrailingStep - move the trailing stop;

  • ShowInfo - show / hide information on trade;

  • TextColor - color of the text output information.


Harmonic Patterns

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