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Thread: KorHarmonics vs. AMP indicator

  1. #1
    Administrator
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    KorHarmonics vs. AMP indicator

    There is a confusion that i would like to clarify right away
    AMP is not replacing korHarmonics
    AMP is not any improved version of korHarmonics
    AMP and korHarmonics are different


    korHarmonics has some predefined price/harmonic patterns that it looks for, most of them are well defined and described in the subject books. You cannot really change the patterns/params/etc


    AMP allows you to create your own patterns, tune them according to your needs, define only the patterns you really like, so for example if you trade Gartley that has CD built from smaller abcd pattern, you can configure in AMP such multipoint/combo pattern
    in AMP you can define combo patterns, SHS+Gartley in the same time or gartley+butterfly in the same time


    in AMP you can define your own PRICE and TIME rules for each pattern, config file is plain text that you can modify according to your needs


    btw: the configurations delivered with AMP are just examples, samples, you can modify them if needed, or remove some patterns from the .config file if you do not want to see them


    based on the file descrption available in the manuals, you can add the simple ABCD patterns as well or head and shoulders, Elliott fractals, triangles, trendlines, channels or ...whatever you want .. well no Circles, i guees.


    Note: version 0006 has a limit to 7 points formations, but maybe in next one we will enhance it to 10points formations or more (if needed)

  2. #2
    Junior Member
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    Pls how do I get the AMP indicator

  3. #3
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    It is not indicator, its frm web monitoring.

  4. #4
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    Can pls explain what frm web monitoring is and how do I go about using it
    Tnks

  5. #5
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    Can you please clarify: is AMPmonitor mainly only for currency pairs, gold, oil, S&p index...but not for individual stocks such as FB, AMZN, GOOG, etc? I am still unclear about this.

  6. #6
    Wizard
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    @Scrittitrader: whatever is available on MT4 platform can be put under AMPmonitor monitoring. As far as I see only most popular FX pairs are set up at this moment. Not sure how popular these stocks are, if there are subscribers willing to pay for them, I am sure AMPmonitor Team guys will add them. It's 1 min effort :-) ... but must be a clear reason!
    Please submit a request on AMPmonitor page for these or any other instruments, so they will prepare them for you.

  7. #7
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    Ok - thanks for the info kor4x - It would be great to have Ampmonitor scan the stock components of the major US indices and related industry groups for gartley/ butterfly and ABCD patterns....

  8. #8
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    Can AMP be configured to the exact same settings as KorHarmonics?

  9. #9
    Wizard
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    sure it can, but it will not. we configured AMP price and time much smarter.

  10. #10
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    kor...do you sell AMP indi..?

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