Excellent thread, keep it up. It would be great if someone has discovered an indicator to confirm the patterns have completed so we can trade these patterns as I have seen many patterns that look complete, then they extend or even fail.

Fred

You make a good point...... I have drawn many patterns.... and have not detected a signal that the pattern is valid......

Thanks a lot.
I updated 1st post of this thread with one more link Harmonic Trading

Seems like NENs the man if anyone can do it, it's nice to see the patterns, but even better to make money from them! Here's hoping. We need confirmation the pattern has finished.

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Poruchik, what's the function of the thick color lines which may consist of red, orange & yellow lines?
BTW, using your template will use 8 x indicator ZUPv71 just for 1 chart, which means using too may resources.

Another question: Where to modify font size such that retracement # and #of bars eg 0.786 (11) can show a bigger font size & easier for eye to see ?

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The water element is the most flexible of all elements.

Zigzag óíèâåðñàëüíûé ñ ïàòòåðíàìè Ïåñàâåíòî - Onix (Ñòðàíèöà: 6)

№ # 81

colors lines means - bar where trend start to ray Z-Z

Post # 81 (I translate with computer)

"Make labels of settlement occurrence of a new beam of a zigzag. (from 70 versions)

the Label shows a bar on which the trend aside developments of a corresponding beam has begun. Labels are deduced for modes ExtIndicator=0; 1; 2; 3; 4; 5; 6; 7; 10. For modes ExtIndicator=8; 11; 12 did not begin to do because of complexity and it is not clear, whether it will be demanded for these modes.. Labels are put down after inclusion of parameter ExtLabel. If ExtLabel> 0 - labels are put. In modes DT at ExtLabel=1 - the label is deduced in the form of strips, at ExtLabel=2 - the label is deduced in the form of one symbol at that bar where it should stand. The badge of a label gets out of table Wingdings by means of parameter ExtCodLabel. Table Wingdings can be looked in the directory on language MQL4. Now by default there is a code 116 – little Rhombus . Codes of points: 158 - a small point, 159 - a greater point. Color and the size of symbols it is possible to change on bookmark COLORS of the panel of properties of the indicator. For make labels two display buffers which earlier were used in mode ExtIndicator=1 (Alex's zigzag) for display of the price channel are involved. Now it is possible to choose for this mode: or to show labels, or the price channel. At value ExtLabel=0 it is possible to deduce the price channel by means of parameter chHL as it was and earlier. In mode DT parameter ExtLabel=2 allows to define a point of "fixing" of a trend more precisely. It will be useful, for example, for gathering statistics and carrying out of statistical researches which are conducted Quod Licet in a branch with Severe statistics. Make labels in any measure answers a question put here: Onix (Forex Forum) showtopic=91st=0 in the beginning of 2006. An example make labels: Onix (Forex Forum) act =... e=postid=21257 At patterns Pesavento in brackets percent of change of a rate for first and second beam ExtPPWithBars=9 are shown. Under the bottom reference an example of use Label"

Attached Images

	eurusd_07_11_11_mn_nf.gif (37.9 KB, 957 views)
	gbpjpy_07_11_10_h4_2_nf.gif (38.4 KB, 966 views)

good god. how do you russian programmers get any sleep? the most impressive bunch of coding offered up --for free no less-- in a long time.

What are the settings for porchucks charts? I can't seem to understand what he means by #81.

thanks

Thanks for sharing and the translations Poru chik!

Patterns have included the target and/or you can set your target before the pattern starts to develop, better, when the pattern starts you know where the patterns ends. I´m talking about probabilities all right, there is no 1+1=2 in trading.

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Has their been any updates to this Ensign fib indicator
or is this the newest one

Attached Files

ZZ_Ensign_Fibo.mq4 (20.7 KB, 279 views)