MT4 Harmonic Indicators

The Harmonic Pattern Indicator

The harmonic pattern indicator is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.

Traders can draw conclusions and make estimates about how the prices will change. Based on this information, they can modify their strategy for better trading.

Harmonic trading refers to the idea that trends are harmonic phenomena. Consequently, this can subdivided into smaller or larger waves that may predict price direction.

 

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