Harmonic Pattern Recognition Software?

[ariel 10]

Can anybody recommend me a good pattern recognition software for MetaTrader or Ninja Trader 7, I’m tried the AutoChartist software, but I having issues with it and well I found it difficult to use. I just want recognition software that can identify me patterns on different charts and then I decide which one trade.

I harmonic patterns trader, but I also look up for thinks like double top/bottoms.

Thanks.

[UrmaBlume 10]

When one component of the harmonic does the exact opposite of the other component and does it in the same amount then you have a balanced harmonic. In this case it is a balanced harmonic of order flow or the balance of trade.

 

You will note that when selling is increasing, the red line moving up, that buying is decreasing, blue line moving down, by the same amount = a balanced true harmonic - one component is a harmonic of the other.

 

My small group endeavors to explore what we call the physics of market information. The harmonic of trade flow we have shown is designed as a leading indicator of price without any inputs from price. The net of order flow as shown in the graphic is the force and price is the particle or object.

 

As buying and selling displace each other in harmony (the graphic) so is price displaced.

 

The definition of simple harmonic motion is simply that the acceleration causing the motion a of the particle or object is proportional and in opposition to its displacement x from its equilibrium position.

 

Below are shots of two different algorithms that produce true harmonics of buying and selling volumes that, as the graphs show, often lead price.

 

Please click to enlarge image

 

 

cheers

 

UrmaBlume

[blott 10]

Can anybody recommend me a good pattern recognition software for MetaTrader or Ninja Trader 7, I’m tried the AutoChartist software, but I having issues with it and well I found it difficult to use. I just want recognition software that can identify me patterns on different charts and then I decide which one trade.

I harmonic patterns trader, but I also look up for thinks like double top/bottoms.

Thanks.

 

Hi Ariel,

I use korharmonics pattern software. It's free, but he does ask for a contribution to development costs, and there are free updates/improvements. Try korHarmonics

 

I find them pretty good, combnined with other indications like S&R, candle patterns, volume indications, pin bars etc.

 

 

Regards,

 

 

Mike

[ariel 10]

When one component of the harmonic does the exact opposite of the other component and does it in the same amount then you have a balanced harmonic. In this case it is a balanced harmonic of order flow or the balance of trade.

 

You will note that when selling is increasing, the red line moving up, that buying is decreasing, blue line moving down, by the same amount = a balanced true harmonic - one component is a harmonic of the other.

 

My small group endeavors to explore what we call the physics of market information. The harmonic of trade flow we have shown is designed as a leading indicator of price without any inputs from price. The net of order flow as shown in the graphic is the force and price is the particle or object.

 

As buying and selling displace each other in harmony (the graphic) so is price displaced.

 

The definition of simple harmonic motion is simply that the acceleration causing the motion a of the particle or object is proportional and in opposition to its displacement x from its equilibrium position.

 

Below are shots of two different algorithms that produce true harmonics of buying and selling volumes that, as the graphs show, often lead price.

 

Please click to enlarge image

 

 

cheers

 

UrmaBlume

 

 

Thanks for your reply UrmaBlume, well I expected a pattern recognition, but I found your snapshots very interesting and I'd like to learn more about your indicators and the rules of the system.

[ariel 10]

Hi Ariel,

I use korharmonics pattern software. It's free, but he does ask for a contribution to development costs, and there are free updates/improvements.

 

I find them pretty good, combnined with other indications like S&R, candle patterns, volume indications, pin bars etc.

 

 

Regards,

 

 

Mike

 

 

Hi Mike, I think this could be that I was looking for, thanks for your reply and I'd would like to know how do you apply this software and your general opinion about it, may be some snapshots, thanks again

 

Ariel

[UrmaBlume 10]

Thanks for your reply UrmaBlume, well I expected a pattern recognition, but I found your snapshots very interesting and I'd like to learn more about your indicators and the rules of the system.

 

Thanks for the kind words. The software/indicators are not part of a system but they are part of a package of indicators that is described here.

 

cheers

 

UB

[blott 10]

Hi Mike, I think this could be that I was looking for, thanks for your reply and I'd would like to know how do you apply this software and your general opinion about it, may be some snapshots, thanks again

 

Ariel

 

Hi Ariel,

I am using V13. The red/green oblong boxes are (I think) previous S/R clusters, where reversals may occur.

 

Where the patterns end are the potential reversal points.

 

I find them usually quite accurate, but you may also be advised to consider whether other signals coincide.

 

I hope the attached pics re of help.

 

 

Mike

[ariel 10]

Thanks again mike, I'm struggling with the software, I downloaded but when I tried to run the indicator a window appears saying that I have an expired version. I don't know what I'm doing wrong but If you could help me that would be great. I already have the indicator and I'm an AMPAZONE community member.

 

You already help me a lot, thanks for everything,

 

Ariel

[blott 10]

Thanks again mike, I'm struggling with the software, I downloaded but when I tried to run the indicator a window appears saying that I have an expired version. I don't know what I'm doing wrong but If you could help me that would be great. I already have the indicator and I'm an AMPAZONE community member.

 

You already help me a lot, thanks for everything,

 

Ariel

 

Hi Ariel,

The latest version is V13. I forget now where I downloaded that from, but I'll make some enquiries and let you know.

 

Cheers,

 

 

Mike

[blott 10]

Thanks again mike, I'm struggling with the software, I downloaded but when I tried to run the indicator a window appears saying that I have an expired version. I don't know what I'm doing wrong but If you could help me that would be great. I already have the indicator and I'm an AMPAZONE community member.

 

You already help me a lot, thanks for everything,

 

Ariel

 

Hi Ariel,

 

Have you tried this page? korHarmonics 6.7.13

 

That should be the latest version.

 

 

Cheers,

 

 

Mike

[sadscorpion 10]

Hi Ariel, blott, UrmaBlume

 

KorHarmonics

for harmonic and price patterns recognition on MT4 platforms

 

I found this indicator in another forum... just dounload the pdf and ex4 file.

cheeers

:missy:

korHarmonics_info_v005T_en.pdf

korHarmonics.rar

[blott 10]

Hi Ariel, blott, UrmaBlume

 

KorHarmonics

for harmonic and price patterns recognition on MT4 platforms

 

I found this indicator in another forum... just dounload the pdf and ex4 file.

cheeers

:missy:

 

Hi Missy,

I think that link to is the V5 manual. The link I gave is to the actual software, which I think expires end of August. But, I'm sure if you revisit the link in Sept, he'll have a newer version

 

Have a nice weekend,

 

 

Cheers,

 

 

Mike

[ariel 10]

Hi Ariel,

 

Have you tried this page? korHarmonics 6.7.13

 

That should be the latest version.

 

 

Cheers,

 

 

Mike

 

 

 

yep! i got it, I've been able to download the last version, thanks for your help. now I'm trying to learn how manage the signals ......I'm reading the manual. It would be interesting that in a while when I can use this software efficently share some valid trades......

 

 

Well, maybe you could help me with another thing I'm dong a research about theories and their basis. I'm going to start other thread but do you know what is the basis or foundation of the harmonics?

[blott 10]

yep! i got it, I've been able to download the last version, thanks for your help. now I'm trying to learn how manage the signals ......I'm reading the manual. It would be interesting that in a while when I can use this software efficently share some valid trades......

 

 

Well, maybe you could help me with another thing I'm dong a research about theories and their basis. I'm going to start other thread but do you know what is the basis or foundation of the harmonics?

 

Hi Ariel,

Glad you're getting sorted out with Kor. There is another very good free harmonic trading softwasre from Dustin Pass, called Elemental Trader (elementaltrader.com) and it's free too. Just register with him and you'll get access to the s/w. I have them both running on my charts, and when I see both coinciding, then I know I have a pretty good pattern. But, I still look at relative currency strengths, fib pivots and volume before I make a decision. Elemental Trader also have a currency scanner which displays which pairs have patterns on various time frames, refreshing every 5 minbutes.

 

As for origins of harmonic trading? I would say Fibonacci

 

I wish you well with your research.

 

Kind regards,

 

 

Mike

[Dutchie 10]

Hi Ariel,

The latest version is V13. I forget now where I downloaded that from, but I'll make some enquiries and let you know.

 

Cheers,

 

 

Mike

 

Try to find the the latest version of the ZUP indicator. It's free and does the exact same thing.

 

Cheers,

 

Peter, a.k.a. Dutchie