Hello,
I am proud to announce the release of the Bearish Harmonics indicator. This indicator will help you trade bearish harmonic patterns on Prorealtime. The indicator is available on the Prorealcode marketplace here:
https://market.prorealcode.com/product/bearish-harmonic-patterns-indicator-screener/
Bearish harmonic patterns allow you to detect bearish reversals in the markets.
✅ You can profit from market declines as well as hedge your long-term positions.
How will the Bearish Harmonics indicator help you?
Trading harmonic patterns can be very profitable, but it is a complex strategy to implement. Spotting patterns is time-consuming and requires knowledge of all the Fibonacci ratios. The Bearish Harmonics indicator will save you a considerable amount of time!
1. Harmonic Pattern Recognition
The indicator automatically recognizes the twelve most important bearish harmonic patterns. You will be able to spot these patterns at a glance on your charts.
Here is the list of bearish harmonic patterns recognized by the indicator:
- Bearish Butterfly
- Bearish Gartley
- Bearish Bat
- Bearish Alt Bat
- Bearish Crab
- Bearish Deep Crab
- Bearish Cypher
- Bearish Shark
- Bearish 5-0 Pattern
- Bearish Three Drives
- Bearish AB=CD
- Bearish Alt AB=CD
2. Sell Signal Detection
The indicator identifies different types of signals that will help you position yourself at each key stage of the trend’s resumption.
Here are the sell signals detected by the indicator:
- Pattern Detection
- Price in the Sell Zone
- Breakout and Test of the Lower Slant
- Breakout and Test of the Upper Slant
- Breakout and Test of the Horizontal Support
3. Display of Key Price Levels
The indicator displays price targets, stop losses, and Fibonacci levels. You can define your exit conditions with great precision.
4. Signal Filtering
The indicator contains trend, volume, and strength filters. You can focus on the most promising signals.
Harmonic Pattern Screener
The screener provided with the indicator will help you find opportunities in real-time on the markets. You can scan hundreds of thousands of stocks in seconds:
Online Documentation
I have written comprehensive documentation showing you the full power of the indicator and screener. You can consult it at any time at this address:
https://artificall.com/docs/advanced-harmonics/bearish-harmonics-documentation-en/
Feel free to reply to this post if you have any questions.
I wish you good trading. 😊
Vivien
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