Harmonic Pattern Win Rate

by Jul 26, 2022Trading Strategies

Harmonic Pattern Win Rate

Harmonic pattern win rate shows you the number of successful patterns and failed patterns. The pattern win rate can help you filter the good patterns and to trade them.

The image shows you a few columns which you can use in your favor.

Date – represents the dates when the change on the pattern win rate has changed

Comparison – shows you the difference between successful and failed patterns. The highest positive number the better

Successful – number of successful pattern

Failed – number of failed patterns

Combination – combination of harmonic pattern and time frame. For example H1bat means H1 time frame + Bat pattern

Symbol – which trading symbol is used

Harmonic pattern win rate 10.8.2022

Example of Trading With Win Rate Table

Here is an example of trading with the scanner where simple copy paste trading signals works.
 
I have used win rate table to find successfull combination and selected AUD/HKD symbol with few combinations.
 
Time Frame
  • M5
Patterns:
-cypher
-alternate bat
-gartley
-butterfly
-crab
 
The rules were:
– each trade have stop loss of 0.1% of account balance (0.1% of 10 000 = $10) – proper Risk:Reward
– use take profit and stop loss from the scanner
– open the trade at the price at the time when the signals was received on the telegram from the scanner
 
I have used Oanda broker and web trader to show you on trading account how this works.
 
You can see my latest trades.
 
Today I had 2 failed trades so the account balance has reduced.
You can see that failed trade has around $10 loss. That is 0.1% of $10 000 account balance.

Powerful harmonic scanner

AUDHKD example

How to Use Harmonic Pattern Win Rate Table

Look for the symbols you want to trade. If you like to trade Forex, Cryptocurrencies or some other market check the one you like.

You will find:

  • Forex
  • Crypto
  • Commodity
  • Bond
  • Metal
  • Indice

Pattern and Time Frame Combination

Then, find the combination of harmonic pattern and time frame. Some patterns with a time frame give better results than others.

And, if you want to trade often then use a smaller time frame like M5 or M15 to get more trading signals.

Open Questions?

Cannot afford it?

  • If you use the most successful combination of harmonic pattern and time frame you can make enough to pay the monthly fee for the scanner
  • if you have account large enough the profit in a day or per trade can cover several months of harmonics.app membership

Too many wrong scans?

  • The logarithm behind the scanner is evolving as the market changes. Markets are volatile and many factors can impact on the market movements. That is causing the scanner to have failed patterns
    • but to overcome the problem with failed patterns there are some patterns combined with different time frame that are more profitable and which you can use for trading
  • Use the table and trade the most successful combination with pattern you can trade

Harmonics.app platform does not work?

  • If you have problems with using the harmonics.app scanner check the youtube channel where you can find many tutorials how to use harmonics.app scanner
  • if you have more questions about how to use the scanner let me know by sending your question to contact@harmonics.app

“Disclosure: Some of the links in this post are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. This does not cost you anything extra on the usual cost of the product, and may sometimes cost less as I have some affiliate discounts in place I can offer you”

Harmonic Patterns Cheat Sheet

All Harmonic Patterns on one place with important tips for trading.

How Much % Would You Make if You Simply Copy/Paste Harmonic Scanner Signal?

 Check the Results for Crab, Deep Crab, Cypher, Bat, Shark, Gartley and Butterfly Pattern Detected by the Scanner

Price Action Analysis

With this PDF you will have step by step guide how to analyse harmonic patterns detected by the Harmonics.app scanner

Harmonic Education

Main Trading Guide

1. Harmonic Patterns in Forex
2. Harmonic Scanner
3. Trading Harmonic Patterns
4. Harmonic Pattern Win Rate

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