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Thanks for your excellent thread. At last I've learned to identify Gartley's, but not all of them, because I did not see the GBP 1H Gartley.
I see that 0.618CD=1.7409 is your first target. How do you determine the second target of 7379?
Also I would like to ask you which setting do you change to enlarge the "right price label"
Thanks
Reynier
hi
i'm glad to see u here and u r interested in patterns.take a look at the pic u will find.if u wount then tell me to explain it.it si very simple.
enjoy
I took the spreadsheet found in "The Harmonic Trader" and modified it. You only have to insert the X, A, B, C and D values in the cells in red, the rest is calculated automatically.
You can also do a sort on cells D25 to F48 to see a sorted view of the values.
Please give it a try, and tell me if my calculations doesnt correspond with yours. Thanks
hi
look i want to say u something as a suggestion.whenever u want to tarde with patterns just work with gartley butterfly and ab=cd with ideal ratios0.618,0.786(0.764)1.270 and 1.618 and the pattern in eurgbp i attached and the same thing u attached is not an ideal pattern and as u can see it is breaking the prz.i personaly do not trade on these kinds of patterns
kamysr