Page 1 of 2 12 LastLast
Results 1 to 10 of 16
Like Tree2Likes

Thread: Confirmation Techniques for the Gartley pattern: Cycles

  1. #1
    Administrator
    Join Date
    Oct 2011
    Posts
    287

    Confirmation Techniques for the Gartley pattern: Cycles

    Market Cycles as confirmation method for harmonic trading





    Confirmation by M5 cycles





    Trade management based on M5 cycles





    .. but it's not holly Grall when observed from M5 perspective only, market made 1 more high what was not according to the cycle, than continued as cycle forcasted.
    Conclusion: observe the cycles on multiple timeframes, sume them



  2. #2
    Junior Member
    Join Date
    Dec 2011
    Posts
    2
    Nice....what's the name of the cycle indicator you show here? Looks somehow familiar.

  3. #3
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,496
    custom developed based on another MT4 indicator for Fourier cycles identification and presentation (found somewhere on the internet). Do not remember the name anymore, "Spectrometr" maybe.

  4. #4
    Senior Member
    Join Date
    Mar 2012
    Posts
    182
    Some people also call it a bit Fast Fourier Cycle indicator.

  5. #5
    Senior Member
    Join Date
    Mar 2012
    Posts
    182
    Here we go guys. You can find and indicator like this one here....
    Fast Fourier Transform - Cycle Extraction - Page 47
    I have not tested it myself as of yet but have been informed that could be a very handy tool if it has been developed correctly.
    MAKE SURE YOU READ THE THREAD AS THE INDICATOR IS UNDER DEVELOPMENT FROM THESE GUYS AND DOES CHANGE.

  6. #6
    Junior Member
    Join Date
    Mar 2013
    Posts
    1
    Admin, can you share this indicator with us? Thanks in advice.

  7. #7
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,496
    simple cycle confirmation presented for Bat pattern (same mechanism can be used for the Gartley): Confirmation Techniques for the Bat pattern: Cycles
    Harmonics Tube - daily trading setups based on harmonic patterns
    Forex Harmonic Trading - Harmonic trading practical tips, tricks and hints
    AMPmonitor - harmonic and price patterns recognition Scanner that I use
    TradingArsenal Quiz project - best edu material regarding the Harmonic Patterns Trading

  8. #8
    Member
    Join Date
    Feb 2013
    Posts
    48
    cant we use fib time zones for cycles instead?? given that most harmonic patterns are confluence of fib levels??

  9. #9
    Member
    Join Date
    Feb 2013
    Posts
    48
    Hi admin and others... So while I wait for your more experienced reply, i'm posting some charts here with Fib timezones. The idea in this method is that if any of the targets are not reached by 1.618 time line, trades need to be exited.

    Thoughts/inputs appreciated

    Confirmation Techniques for the Gartley pattern: Cycles-gartley_ex1.jpgConfirmation Techniques for the Gartley pattern: Cycles-gartley_ex2.jpgConfirmation Techniques for the Gartley pattern: Cycles-gartley_ex3.jpg

  10. #10
    Senior Member
    Join Date
    Mar 2012
    Posts
    182
    Not really had much experience with time as a confirmation so i would also be interested to see more on this thread

Page 1 of 2 12 LastLast

Similar Threads

  1. Replies: 3
    Last Post: 09-30-2014, 03:44 PM
  2. Replies: 2
    Last Post: 08-02-2013, 07:54 PM
  3. Replies: 1
    Last Post: 08-09-2012, 05:35 AM
  4. Confirmation Techniques for the Butterfly pattern: Cycles
    By Admin in forum Butterfly pattern
    Replies: 0
    Last Post: 02-07-2012, 03:55 PM
  5. Replies: 0
    Last Post: 01-22-2012, 03:33 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41