Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019



Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus
(Harmonic Pattern Scenario Planner)

Having
understood all the concept behind the Pattern Completion Interval, you might observe that sometime price can react outside the
pattern completion interval. Sure, there is nothing perfect in the world. As long as you understand the pros and cons of using large
stop loss size, it is still fine to control your own stop loss size.

However,
we still prefer to express stop loss size in terms of pattern completion interval range for convenience. For example, if the
original stop loss size was equal to 1 x pattern completion interval,  you can certainly use 1.5 x pattern completion interval
or 2 x pattern completion interval.

Another
consideration before you are using pattern completion interval, if you can enter the market at the competitive price, then
you can feel less guilty when you increase your stop loss size because you are still remaining good rewards/Risk ratio. On the other
hands, if you have entered market at not so competitive price, then you might be cautious when you increase your stop loss size.

The
same feature applies to Profitable Pattern Scanner (Non Repainting and Non Lagging Harmonic Pattern and Elliott Wave pattern scanner.)

To
visit our website, follow the links below:

https://www.mql5.com/en/market/product/4488

https://www.mql5.com/en/market/product/4475

https://www.mql5.com/en/market/product/6240

https://www.mql5.com/en/market/product/6101

http://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/

http://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/


Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019



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Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019
Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019
Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019
Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019
Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019

Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019

Automatic Resizing Your Stop Loss And Take Profit Level With Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) - Analytics & Forecasts - 28 September 2019