Indicator Description

 

The Tailored-Custom Harmonic Patterns indicator is designed for advanced pattern recognition, focusing on harmonic formations in the market. It allows traders to detect and analyze custom harmonic patterns, offering flexibility to adjust the ratios and visualize the patterns that best suit their trading strategy. This comprehensive tool helps to anticipate potential reversal points, increasing the probability of precise entry and exit points.

 

Tailored-Custom Harmonic Patterns in action on a selected financial instrument.

Screenshot from the Tailored-Custom Harmonic Patterns Settings menu.

    Complete list of features included in this indicator:

  • Custom Harmonic Ratios: Ability to modify and customize harmonic ratios to fit unique trading strategies.
  • Pattern Detection: Automatically detects classic patterns such as Gartley, Butterfly, Bat, and Crab, along with customizable options.
  • Visual Customization: Adjust colors, line styles, and pattern thickness for enhanced clarity.
  • Entry and Exit Zones: Automatically highlights potential entry and exit zones based on harmonic pattern completion.

All options come with default settings that can be customized based on the specific market instrument you are analyzing. You can also configure alerts to be notified whenever a new signal is generated by the indicator. The alerts use the “Any Alert() Function Call” option. Simply activate or deactivate the options you want to include in your alerts before setting them up.

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