Unlocking Forex Success with Harmonic Patterns Detector MT5

The Harmonic Patterns Detector MT5 is an exceptional tool designed for Forex trading strategy. It’s an indicator that draws harmonic patterns on the chart, a technique that has been adopted by successful traders for many years, including the famous H.M. Gartley. This Forex tool boasts a high hit-rate of approximately 80%, making it a reliable solution for identifying trade entries and price reversal points.

Comprehensive Range of Harmonic Patterns

One of the primary features that sets the Harmonic Patterns Detector MT5 apart is its comprehensive inclusion of many harmonic patterns. These patterns range from the AB=CD, Three Drives, Gartley, Bat, Butterfly, Crab to the Nen Star and Cypher among others. Each of these patterns is known for their proven efficacy in the Forex trading world, providing traders with invaluable insights to make profitable decisions.

Indicator Parameters: Tailoring to Your Trading Needs

The Harmonic Patterns Detector MT5 offers a diverse selection of indicator parameters. This allows traders to adjust the tool to meet their specific trading strategy and needs. Users can choose the size of the pattern – small, medium or big – and select the type of pattern they wish to be drawn on the chart.

Moreover, the tool also provides manual settings for each leg of the harmonic patterns, from AB to AD. Traders have the ability to set the minimum and maximum Fibonacci retracement for each leg, offering a degree of customization that enhances the tool’s effectiveness.

Visual Appearance and Alerts

Forex traders can also change the visual appearance of the indicator on their charts, making it easier to interpret and react to the patterns. In addition, the tool includes an alert feature that notifies users when new patterns are displayed on the chart. This ensures that traders never miss a potentially lucrative trading opportunity.

Independent Testing of the Harmonic Patterns Detector MT5

For potential users who wish to see the Harmonic Patterns Detector MT5 in action, independent testing of the product is available on the forexroboteasy.com website. Subscribing to updates on the testing results of the product can provide an objective evaluation of its effectiveness and reliability in real-time Forex trading situations.

Share Your Experience

If you have used the Harmonic Patterns Detector MT5, we encourage you to share your experience. Your insights could help other Forex traders in their quest for trading success. Remember, this is a neutral platform and your honest review will go a long way in helping others make an informed decision.

FAQ

What is the Harmonic Patterns Detector MT5?

It is a Forex tool that draws harmonic patterns on the chart, aiding traders to identify trade entries and price reversal points with a high hit-rate of around 80%.

Can I adjust the settings of the Harmonic Patterns Detector MT5?

Yes, the tool provides a selection of indicator parameters that can be adjusted to suit your specific trading needs. You can select the size and type of the pattern to be drawn on the chart, as well as set the minimum and maximum Fibonacci retracement for each leg of the harmonic patterns.

Where can I view independent testing of the Harmonic Patterns Detector MT5?

Independent testing of the product is available on the forexroboteasy.com website. You can also subscribe to updates on the testing results of the product.