Trader Tools

This indicator automatically recognizes and presents (real-time and history) harmonic and price patterns appearing on any market (forex, stocks, commodities, indexes) and instrument supported by MetaTrader 4 platform. Currently it supports: Gartley, Butterfly, Bat, Crab, AB=CD, 5-0pattern, Three Drives, Head and Shoulders and more.

korSigMonitor will monitor multiple currency pairs on multiple timeframes and present overview of harmonic and price patterns forming/appearing.

Two exponentially smoothed MAs are used to even out the input values (H, L and C), in a similar way to the well-known stochastic formula.