Harmonic & Time - page 10

[philt]

harrymonic:
the winning ratio of this pattern is high. roughly 8 out of 10 trades.. but you need to consider time because it is a critical factor for this pattern. you have to filter the signals properly.

how many trades have you made with this system

[harrymonic]

hi, the indicator that i loaded didnt pick up that pattern

[poruchik]

maxDepth = 55

try different

[harrymonic]

i have been trading it for a month. because i just discovered it.. there is a possible pattern forming now in EUR USD.. but This may be screwed by the NFP. so better decide weather to enter or not..

i have traded it 14times already. 2 losses.. on those 14 trades, i had 1 that yield a 1:10 risk reward ratio.

[harrymonic]

poruchik:
maxDepth = 55 try different

it tried maxDepth = 55

but it only showed the big N200,

yours showed both big and small how to show both??

[poruchik]

ExtComplekt different

last parameter

[harrymonic]

it is now 134,, what value should i use?

[harrymonic]

N200

pattern was successful. this is a good pattern because Time ratios are almost perfect.

this should generate 1:4 risk reward or more.

[poruchik]

1-st ZUP =134

2-nd ZUP= 1134 OR(1 OR 5 OR 999)

[harrymonic]

when price closes below the support and resistance of point B. expect the move to reverse at least 127 extension of leg cd. so in eur usd, we can place out takeprofit at 1.292. thats 200 pips with only risking 25pip stop loss. RR approx 1:8. thats our 2nd target.