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Old 08-27-2007, 06:07 AM
WRR WRR is offline
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Quote:
Originally Posted by wltien View Post
WRR, thank you very much for your kind response.

Maybe your info can include whether it's a standard pattern or just a similar to classic pattern. I think this will great help.


Cheers,
Wltien
Wltien,
from my perspective, standard patterns, classic patterns and standard classic patterns all mean the same thing. These patterns have retracements, expansions and AB/CD ratios that are correct as defined by a number of experts over the years including Larry Pesavento.

nen's ZUP program identifies patterns that do not always fit the standard definitions. My programming skills are not advanced enough for me to be able to write code that determines if the patterns meet the standard definitions. I was hoping nen would endevour to fine tune the program to only identify the standard patterns.

ZUP does however change the colour of the retracement ratio numbers to lime green (current setting) if the ratio is one of the fibo numbers nen has coded in. If you don't see any lime green numbers then likely it is not that great of a pattern. But you still must check the pattern manually.

The alert code I have written, is simply to draw your attention to a new pattern that may be a good trading opportunity. You must decide if it is a standard pattern and if the trading conditions are suitable to take the trade.

So far, ZUP is the best free harmonic pattern code I have seen for MT4. If anyone knows of better code, please let us know.

WRR

Last edited by WRR; 08-27-2007 at 06:10 AM. Reason: added last paragraph
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