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Thread: DavincisKiss harmonic patterns indicator

  1. #81
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    Quote Originally Posted by snorm View Post
    To some degree, yes ... If you have the D point on the last bar and the magnet set, the D will move with the price and show any patterns that unfold thereafter, according to how X to C points are placed. The magnet will work for the highest high/lowest low for up to 5 bars; if price subsequently retraces, the D should be manually adjusted, as required.
    Is there a benefit in this approach rather than having patterns automatically appear? Is that a feature you are considering?

  2. #82
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    guys, our idea is to publish tomorrow the new version of our DaVincisKiss Harmonic Indicator, ver 0.614. The release notes for it are already ready

    DVK v0.614 Trial Version – changes since the last version

    AUTO Bu and Be Buttons have been renamed to QUICK Bu and Be – some users were expecting the AUTO Buttons to scan for valid harmonic patterns when, in fact, they were just a quick way to place letters on the chart. Sometimes a pattern is found, sometimes not. Hopefully the renaming of these buttons will clear up any confusion about their purpose.

    When QUICK buttons are pressed, the indicator sets the MAGNET setting to zero – this reduces some of the strange patterns that were created by the QUICK feature.

    The MANUAL button has been renamed to ASSIST. Pressing this button shows CONTROL, pressing again reverts to ASSIST. This button serves two main purposes, when in ASSIST mode: it automatically places the A and C points and works within candle wicks when validating patterns. CONTROL mode (that is when the user is in control, not the indicator) does not place A and C points and uses the precise placement of letters when confirming patterns. The default mode is ASSIST.

    Some additional information will be shown on the dotted trend lines between points – when a pattern doesn’t quite meet the definitions of the CSV file, e.g. when in ASSIST mode, it will display the parameters in brackets, next to the actual percentage retracement/extension value. This provides guidance when switching to CONTROL MODE to fine-tune the placement of letters to get the correct harmonic pattern.

    NAME button removed – the indicator will show the name of the harmonic pattern automatically; though you can switch this off in options, if you just want the name showing when you press the DATA button.

    Certain information displayed by the indicator required the ‘Show Object Description’ box to be ticked in Chart Properties. DavincisKiss now takes care of that automatically.

    Additional harmonic patterns have been added to the CSV file – including Cypher and Shark, as requested by many.

    Some patterns colours have been changed, including the default for ‘Pattern Not Defined’ – from pale blue to silver.

    AB=CD validation rule has been introduced for patterns that require it.

    A PICTURE button has been added, to save screenshots as GIF files to your chosen folder, within your MetaTrader files folder

    There is an option to show horizontal lines at the top and bottom of the PRZ Box – which is particularly useful for checking back in time for support and resistance levels.

    indicator will be available on the download page: DavincisKiss - harmonic trading indicator for MT4
    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

  3. #83
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    Quote Originally Posted by TradeWynds View Post
    Is there a benefit in this approach rather than having patterns automatically appear? Is that a feature you are considering?
    The primary purpose of DaVincisKiss is to support the manual drawing of harmonic patterns; as opposed to automated drawing without the significant benefit of the human brain and eyes. However, I do plan to introduce some more computer intelligence, in due course, but don't want to stray too far from the primary purpose of this being a manual tool.

  4. #84
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    Bravo. Thanks again for your dedicated and wonderful work . . .
    Last edited by TradeWynds; 02-06-2015 at 06:31 PM.

  5. #85
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    new version of DaVincisKiss harmonic indicator was published: DavincisKiss - harmonic trading indicator for MT4

  6. #86
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    Thank you very much....., this indicator is very useful more than any other indicator that I ever know. Once again, thank you very much for your hard work.

  7. #87
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    With the help of DaVincisKiss indicator, I can try to predict the next two move of Elliott Wave theory, as shown at the figure below.

    DavincisKiss harmonic patterns indicator-butter.jpg

    DavincisKiss harmonic patterns indicator-gartley.jpg

    Thank you very much.

  8. #88
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    Quote Originally Posted by wddkd View Post
    Thank you very much....., this indicator is very useful more than any other indicator that I ever know. Once again, thank you very much for your hard work.
    Thank you for the great feedback wddkd ... much appreciated

  9. #89
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    wddkd is there a good Elliot Waves?? The end of the fourth wave will be lower than the top of the first wave. I think it's wrong. It's only digression.

  10. #90
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    Sometimes we cannot see Elliott Waves as a perfect wave like in theory.
    Complex correction is a complicated wave, but as a correction wave, it must be made from combination of 2 waves (1-2-3-a-b-c), sometimes look as 3 waves (1-2-3-4-5), but at this condition, it must be a zigzag (5-3-5), and zigzag is still a correction wave and we call zigzag, as 2 waves. You may read at this link : Elliott Wave International - Expert Financial Market Forecasting.
    Yeah, it's only a theory, and we don't need seriously do as exact in theory, and the basic rule that say : "Buy at break high and sell at beak low" still as a simple theory and powerful.

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