Automatic trading with Harmonic EA on 5-minute and 15-minute charts
Hello!
FX no Shirabe, this is Satori.
Thank you for your continued support.
Before getting to today's main topic, I would like to take this opportunity to announce a four-day special gift campaign starting today.
【About the Special Gift Campaign】-----------------------------------------------
Period: From July 28, 2017 to July 31, four days
Content: If you purchase products from our siteArt Brain Productsduring this period, we will gift products within the total purchase amount range.
For example, the product introduction in today’s article, “MT4 Harmonic Four Main Patterns Auto Trading Tool EA” is priced at 19,800 yen until July 31, but if you purchase this EA, after August 1 you can email us the order ID of your purchase, the name of the product for the gift, the product ID, and the price, and we will allow you to download it.
As long as the total value of the gifts does not exceed the total purchase amount during the above period, multiple products can be gifted. This is up to 50% off.
The email address to contact is,info at mark abproducts.biz (please replace with Satori’s at-mark)
That concludes the announcement for the Special Gift Campaign.
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Today we will introduce an example of Harmonic automated trading that is attracting attention from Western and American institutional investors.
The EA used for verification is, “MT4 Harmonic Four Main Patterns Auto Trading Tool EA.”
This EA is initially set for EURUSD on the 1-hour chart, but it might also be worth trying it as an automatic trading tool on 5-minute, 15-minute, 30-minute, and other timeframes.
First, an example on EURUSD 15-minute chart.
As shown above, a small Bat pattern took profit, followed by a larger Butterfly pattern in the sell direction which also took profit.
Next, an example on USDJPY 5-minute chart.
As shown above, the Butterfly pattern’s sell took time but stayed within the profit range, and later a reversal allowed a Gartley pattern buy to generate a price move.
The figure below shows USDJPY 1-hour chart example.
As shown above, three patterns occurred consecutively: Bat buy, Gartley sell, Bat buy, all of which were profitable.
With the default EURUSD 1-hour setting of the “MT4 Harmonic Four Main Patterns Auto Trading Tool EA,” the balance curve over the past four and a half years is as follows.
The win rate on EURUSD 1-hour chart is about 75%, and there are quite a few profit opportunities even on shorter timeframes, so it could be worthwhile to try it on other currencies or shorter timeframes since currency-agnostic and timeframe-free.
Even with minimal curve-fitting using only SL, TP, and stop adjust features, achieving this level of win rate on shorter timeframes is interesting; incorporating trend or RSI filters could be an interesting experiment.
If you contact us, we will also guide you on how to adjust the settings.
In any case, Harmonics tend to show signals at dynamic points, which makes them interesting.
As you verify using new indicators and EAs, various data accumulates, and we will incorporate this into future version upgrades of each product and into new product development.
Until a consistent set of data accumulates from various angles, we will continue developing new products.
If there are gif images from diagrams used in the blog or MT4 test reports, we will also make them freely downloadable as much as possible.
This time’s images are included as well.
Free download of blog images, MT4 reports, etc.
The password is published in the 4-digit number in the introduction comment field of the link “FX no Shirabe” under the Techical Trade Blog Ranking.
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