harmonic

Harmonic Moving Average – indicator MetaTrader 5

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Harmonic Moving Average - indicator for MetaTrader 5
Quoted from InvestopediaWhat Is the Harmonic Mean?The harmonic mean is a numerical average calculated by dividing the number of observations, or entries in the series, by the reciprocal of each number in the series. Thus, the harmonic mean is the reciprocal of the arithmetic mean of the reciprocals. Harmonic Moving Average – indicator MetaTrader 5

Harmonic Pattern Finder – indicator MetaTrader 5

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Harmonic Pattern Finder - indicator for MetaTrader 5
Harmonic patterns are a class of chart patterns based on 5 price extrema and constraints on the relations and proportions between these. As these constraints and ratios are difficult to verify by visual estimation, computerized measuring tools are essential for trading harmonic patterns. This indicator helps the trader by automatically detecting and displaying any existent … Read more

Harmonic Pattern Finder V2 – indicator MetaTrader 5

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End of the P.R.Z. is shown as lines
Harmonic patterns are a class of chart patterns based on 5 price extrema and constraints on the relations and proportions between these. As these constraints and ratios are difficult to verify by visual estimation, computerized measuring tools are essential for trading harmonic patterns. This is the second version of the popular Harmonic Pattern Finder indicator … Read more

Harmonic Pattern Finder V3 – indicator MetaTrader 5

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Interactivity features reduce screen clutter
Continuing on the in-demand software for automatically finding harmonic patterns, this is the third and most likely final version of the indicator known as the “Harmonic Pattern Finder”. It addresses many of the issues found from the prior iterations, including bug fixes and other improvements. Furthermore, the code is extensively refactored such that it should … Read more

Simple harmonic index – indicator MetaTrader 5

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Simple harmonic index - indicator for MetaTrader 5
Theory : The indicator is based on Akram El Sherbini’s article “Time Cycle Oscillators” published in IFTA journal 2018. The simple harmonic index (SHI) is based on the derivations of the simple harmonic equation Usage : The trading tactic used for the simple harmonic index is merely the centerline crossover. A buy signal is generated … Read more

Simple harmonic oscillator – indicator MetaTrader 5

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Simple harmonic oscillator - indicator for MetaTrader 5
Theory : The indicator is based on Akram El Sherbini’s article “Time Cycle Oscillators” published in IFTA journal 2018. The SHO is a bounded oscillator for the simple harmonic index that calculates the period of the market’s cycle. The oscillator is used for short and intermediate terms and moves within a range of -100 to … Read more