Harmonic patterns are effective in semi-discretionary trading using EAs!

　Harmonic Pattern product reviews, from users who conduct trades using both discretionary trading and an EA,Harmonic Pattern to improve EA trading performance using Harmonic Pattern were posted, so I would like to introduce them.

2020/10/07 17:08 HI's product review, as described in the following product reviews:

‘Until I learned Harmonic Pattern, there were times on the chart when I couldn't understand why it would bounce here, but it matched the line supported by Harmonic Pattern.'

This is not limited to discretionary trading; I believe it provides a very good indicator for using an EA more effectively to perform semi-discretionary trading.

This is the comment.

Now, let's actually verify those points on the Harmonic Pattern chart.

Although simple, the Harmonic Pattern shown in the yellow circle in the image below is believed to indicate a reversal point where a bottom forms and turns upward, so if the EA has a position there, you should decide to stop or take similar actions. That's the idea.

Many people using EAs engage in semi-discretionary trading by stopping before important data releases, but displaying Harmonic Pattern on MT4 to time the stop is also considered an effective way to improve profitability.

Written by Hayakawa