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Thread: KorHarmonics v 6.7.13

  1. #201
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    Quote Originally Posted by kor4x View Post
    last version of korHarmonics indicator is attached in the first post of this thread.

    btw: more info here: FOREX Harmonic Trading: What is korHarmonics indicator for MT4 platform ?

    Hi Kor,
    I have two request please:-
    1. Is it possible to make all the colours the same? I don't see the need to know if it's a bullish or bearish indicator; the text tells me Also, I have to change the colours each time I want to put it onto a chart that has other indictors on, and the dark colours obliterate my candles and trend lines. Isn't one colour simpler?

    2. Do you have anything that could alert of 1-2-1 formation on a selection of pairs and time frames? I often find I'm looking in the wrong place at the right time!

    FYI, I use good old trend lines and S&R as confirmation of a pattern validity.

    Mike

  2. #202
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    Quote Originally Posted by blott View Post
    Hi Kor,
    I have two request please:-
    1. Is it possible to make all the colours the same? I don't see the need to know if it's a bullish or bearish indicator; the text tells me Also, I have to change the colours each time I want to put it onto a chart that has other indictors on, and the dark colours obliterate my candles and trend lines. Isn't one colour simpler?

    2. Do you have anything that could alert of 1-2-1 formation on a selection of pairs and time frames? I often find I'm looking in the wrong place at the right time!

    FYI, I use good old trend lines and S&R as confirmation of a pattern validity.

    Mike
    hi blott,
    ad1. I do not use korHarmonics for 3 years already, since we come up with AMP indicator. So, no changes in the code. Anyway public version is very much old comparing to the last korHarmonics where we stopped.
    ad2. for patterns recognition and monitoring I am using AMPmonitor
    sorry mate,
    kor4x
    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. #203
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    Quote Originally Posted by kor4x View Post
    hi blott,
    ad1. I do not use korHarmonics for 3 years already, since we come up with AMP indicator. So, no changes in the code. Anyway public version is very much old comparing to the last korHarmonics where we stopped.
    ad2. for patterns recognition and monitoring I am using AMPmonitor
    sorry mate,
    kor4x
    Hi Kor,
    Ok, fair enough. Any chance of getting the mq4 version so I can change the colours myself?

    As for pattern confirmation, you might like to draw horizontal lines at the high & low of the first candle of the new trading day. Price seems to respect those levels very well.

    I'm quite content just to trade Forex 1-2-1 patterns on any time frame and any major pair it pops up on. Is there an AMP option for just one pattern?

    Thanks.

  4. #204
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    "As for pattern confirmation, you might like to draw horizontal lines at the high & low of the first candle of the new trading day. Price seems to respect those levels very well."
    if you could drop couple of examples on this.

    "I'm quite content just to trade Forex 1-2-1 patterns on any time frame and any major pair it pops up on. Is there an AMP option for just one pattern?"
    I am afraid, not.
    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

  5. #205
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    Hi Kor,
    Re 1st daily hour candle. The chart shows a blue box from high to low of the 1st candle of US new trading day, for two days. I have continued some of the levels into the future, so you can see where they touch other HLOC points. They're are a bit like multiple pivot points.

    If you play around with the 1st H1 candle on other charts, you might find this a useful indication of where price might touch in the future.

    KorHarmonics v 6.7.13-eurjpyh1-1st-hour.jpg
    Last edited by blott; 09-17-2013 at 05:46 PM.

  6. #206
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    thanks Mike, but I would prefer to keep the AMP charts cleaner.

    BTW: We designed new version of AMPmonitor where some more confirmations were programmed in and some will be presented.
    Also some advises from the AMPmonitor admins are planned, like a comment per pattern or its rating.

    If you trade harmonics for some time already (and in your cases I remember you DO), you must admit that it's not so difficult to jugde if harmonic pattern is presented in a reasonable proper location or not. Harmonic indicators find patterns in any location, but eye can filter it out easily. I need a second or two to judge if emerging or completed AMPmonitor pattern is worth further analysis and trade, or NOT.
    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

  7. #207
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    [QUOTE=kor4x;8004]thanks Mike, but I would prefer to keep the AMP charts cleaner.
    That's ok Kor. I use them sparingly too, just to give a general idea where S&R may be encountered.

    Thanks for your AMP info.

    Mike


    PS You didn't say if it's possible (or not) to get the mq4 version of 6.7.13, so I can change the colours myself?

  8. #208
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    @blott: the best what i have found regarding S&R and harmonics is the approach by Sam Seiden -> Supply & Demand - by Sam Seiden
    and his probability enhancers (in this post) -> Supply & Demand - by Sam Seiden
    this is really good!
    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

  9. #209
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    Quote Originally Posted by kor4x View Post
    @blott: the best what i have found regarding S&R and harmonics is the approach by Sam Seiden -> Supply & Demand - by Sam Seiden
    and his probability enhancers (in this post) -> Supply & Demand - by Sam Seiden
    this is really good!
    HI Kor,
    Thanks for those link; I'll take a look. I've always liked the stuff by Sam Seiden.

  10. #210
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    I have found this indicator called Complex pairs1 on a MQ forum here Practical Application of Cluster Indicators in FOREX - MQL4 Articles. The pic shows how it gives early warning of change through divergence. Hope you some find this a useful confirmation tool.

    KorHarmonics v 6.7.13-audusdh4-complexpairs1.jpg

    PS The big Sunday gap was a good bullish confirmation too
    Last edited by blott; 09-17-2013 at 09:52 PM.

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