The new harmonic scanner indicator is the most advanced indicator that gives precise results. This indicator is a non-repaint indicator. It provides swing zones for market traders.This indicator earnsa brilliant reputation in the Forex industry.
HARMONIC SCANNER INDICATOR:
Harmonic scanner indicator scans automatically all the market trends and the patterns made by the harmonic indicator. This indicator is free of cost. It is designed for 90% accurate result. This indicator gives a 95% precise result for trends and patterns in the market trend. This indicator scans the pattern of the market trend and then tells that price is getting high or low.
EXPLANATION of Harmonic scanner indicator
This indicator is 100% free. This indicator gives 300/600 pips per week. It is the most modified indicator of the time. It is the modified form of Harmonic pattern indicator. This indicator scans the pattern which is created by harmonic pattern indicator. It creates 5-9 swings in the market trend in a week. The result of this indicator totally depends on the market condition.
This indicator also allows you to make high market turning points with accuracy. This indicator also scans all the patterns in the Meta trader 4 instruments. You do not have to scan every pattern one by one; this indicator can scan the entire pattern at once. This indicator is also an oscillator indicator. This indicator also forms geometric patterns like butterfly pattern, bat pattern, Gartley pattern, ABCD pattern etc. this indicator also tells about entry and exit levels.
This indicator is an oscillator and a custom indicator. It is one of the best pattern indicators. This indicator is designed for Meta trader 4 platforms. This indicator is also specially designed for Forex trading system and Binary trading system.
Rules for Buy Entry and Exit:
There are some rules for buy entry and exit. The rules are given below:
- When the green candlestick pattern appears and it is moving above the level then it is the time for a buy entry.
- When the candlestick pattern or price bars moves above the level then it is the time to hit the buy option and buy the Forex currency that is available at that time.
- If the candlestick pattern or price bars stars moving below the level then it is the time to exit entry.
Rules for Sell Entry and Exit:
There are also some rules for sell entry and exit. Below are the rules for sell entry and exit:
- When the candlestick pattern is moving below the pip or level then it is the time for Sell entry.
- When the candlestick pattern or price bars moves below the level then it is the time to hit the sell option and sell the Forex currency that is available at that time.
- If the candlestick pattern or price bars stars moving above the level then it is the time to exit sell.
USES of Harmonic scanner indicator:
The harmonic pattern scanner indicator is one of the best scanner indicators for pattern indicators. This indicator is an oscillator in nature. It uses geometric forms for ease of understanding. It is used to scan the patterns. It gives 95% precise result. This indicator also scans the reversal patterns made by harmonic pattern indicator. This indicator also gives accurate information for changings in the market trend.
Harmonic scanner indicator also shows that the price is trend up or down or this indicator helps a lot in knowing whether the trend is bullish or bearish. This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. It is the best scanner indicator.