Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019



Showing Historical Patterns in Profitable Pattern Scanner

In
trading, you get your profits as good as your tools and knowledge. Profitable Pattern Scanner is the superb Harmonic Pattern and Elliott
Wave Pattern Indicator using the next generation pattern detection algorithm (The first Non Repainting + Non Lagging Harmonic pattern
indicator.). To understand and to test your strategy, simply increase bars to scan to some higher number like 5000 or 10,000. Initially bars
to scan is set to 250 to save some computation but you can increase as many as you can to just check your strategy. Screenshot shows how to do it.


1. Optimize your Strategy per symbol and per timeframe

As
you can see, Harmonic Pattern and Elliott Wave pattern will perform differently per symbol and per timeframe. Hence, check history signals
per symbol and per timeframe to optimize your strategy per symbol and per timeframe. While you are studying these patterns with Profitable
Pattern scanner, you will gain more and more knowledge and skills for your trading.


2. Secondary Confirmation to improve your profits

To
improve success rate, make sure that you are studying various indicators and filters together with the historical signal patterns in the
scanner as secondary confirmation. In my opinion, you will gain practical knowledge within few weeks whereas other harmonic pattern
trader takes typically 1 to 3 years to grab knowledge of harmonic pattern trading (and 2 to 4 years for Elliott wave trading). This is great
advantage with this non repainting indicator.


3. Set Bars to Scan input = default in live trading to save computation

Another
important note is that make the “Bars to Scan” input to 250 after you have finished your studying with historical signal patterns. If 
you leave Bars to Scan = 10,000, etc, this would be too heavy for your MetaTrader. For your live trading, set Bars to Scan = 250 or as small as
possible. Since live trading results and historical signals are the same, you will not get lost anything even if you set Bars to Scan = 250 or
other reasonably small number.


4. Simple and Easy to trade

Beside
all this sophisticated technology running before your PC, trading with profitable pattern scanner is easy and simple to trade because of
its non repainting features. Just study your charts and trade with what you see from your charts.

https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/

https://www.mql5.com/en/market/product/41992

https://www.mql5.com/en/market/product/41993


Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019



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Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019
Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019
Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019
Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019
Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019

Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019

Showing Historical Patterns In Profitable Pattern Scanner - Analytics & Forecasts - 30 September 2019