ShoutArsenal
korHarmonics v006Test5 is available to download.
News
Sunday, 11 October 2009 00:00
Indicator is available from Download>korHarmonics section.
Here is the list of changes available in v006Test5:
- Fibo 38.2, 50.0, 61.8, 78.6 pattern added
- simplification of the indicator setup
- defaults for all instruments in the MT4
- settings layout changes
- fixed minor bugs
Test5 will be available to 30.11.2009. Before this time expires Trial should be available.
Looking forward to hear your comments.
More Articles...
Worth to read
-
Nice drop,
market geometry
For eurodollar, but that B didn´t actually achieve 50% which is minium requirement for it.
For this reason it cannot be placed, it is possible it breakes internally for smaller abc = B and in that case market is seeking location for this small "b" first.
Waiting better and more clear setup for it. -
Eurodollar, 4H Chart,
market geometry
Just one additional chart for previous post as one smaller TF ie. 4 hours EW shot. Nothing new, nothing changed in it............
-
Eurodollar, Daily Chart
market geometry
It is actually reasonable simple chart by EW point of view. Downside movement is ABC movement where both, A and C breakes for similiar size impulse waves and B in the middle just terminates it where waves were changed.Monthly chart 50 % retracemed once was reached turned up and there is pretty clear one full impulse wave up and finished, as next it is retraced 50% and started to roll up again.5-0 is IV wave and with minium it should open B wave up. When and once this first cirmunstances is met exactly the same 50% and 61.8% offers small resistance for this small impulse and it is possible it is going to drop C down which would place in fact very bullish scenario because market would consider that to be W2. It is possible this kind of movement is coming on next week once upside B wave cirmustances are met.But larger degree as attatched daily chart shows where the real power is likely placed, it is on the way higher by then, behaviour is exactly the same as explained above for smaller timeframe.



Latest test version of this indicator is avaliable in 













