Showing posts with label Product Spotlight. Show all posts
Showing posts with label Product Spotlight. Show all posts

Harmonic Pattern Collection Lifetime Package


If you are currently a Harmonic Pattern Collection monthly subscriber, consider upgrading to outright purchase of the Harmonic Pattern Collection. As a lifetime member you will receive:
  • TWO lifetime HPC software licenses. So you can install HPC on any two of the platforms that we support (i.e., eSignal, MT4, MT5, Ninja7, Ninja8, Sierra Chart, and TradingView).
  • Preferred access to HPC for any new platforms that we support in the future.
  • Access to a 3-month HarmonicTrader.com GOLD Membership, which has numerous educational resources and three LIVE sessions a week.
  • Access to study the HarmonicTrader.com GOLD Member educational Webinars (over 20 hours of material).
  • Priority technical/pattern support.
  • Receive PDF copies of ALL of Scott Carney's books:
    • "The Harmonic Trader"
    • "Harmonic Trading: Volume One"
    • "Harmonic Trading: Volume Two"
    • "Harmonic Trading: Volume Three"

Use Discount Code HPC10 at checkout for an additional 10% discount!


Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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Multi-TimeFrame Support/Resistance for TradingView

Tracking support/resistance levels from higher timeframes can be a tedious and time-consuming task, but in trading, it is critical to know where those levels are. Our new Multi-Timeframe Support/Resistance indicator for TradingView automates this process for you so you can focus on your trading.

By default, the indicator will automatically determine the higher timeframe to monitor based on the chart timeframe. So if you load only one copy of the indicator you can change your chart timeframe at any time and the MTF Support/Resistance will update automatically.

You can also load multiple copies of MTF Support/Resistance and each can be set to monitor a different higher timeframe. In the snapshot at the top of this page we have loaded 3 copies into the BitCoin chart to monitor the Daily, Weekly, and Monthly timeframes. As you can see in the snapshot, you can adjust the cosmetic properties for each copy to make it clear which timeframe the level is coming from.


The s/r levels themselves are based on swings in the higher timeframe price data, and you can adjust the strength of these swings in the indicator settings dialog. You can also adjust the proximity threshold in the event there are multiple levels in the same general vicinity in the timeframe being monitored.

And, as mentioned above, you have full control over the cosmetics. For each copy of the indicator that is loaded, you can set the line style, thickness, length, and color. The labels can be positioned either to the left or the right of the line, or turned off altogether. For the label content you can select to display just the price, just the timeframe, or both.

All in all, MTF Support/Resistance is an extremely useful indicator and it should be part of your TradingView toolbox.

The indicator is available on our Products page...just select the TradingView category in the indicator section.

Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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S/R Trendlines for TradingView

We are pleased to introduce a TradingView adaptation of our flagship S/R Analyst Pro product in the form of a new indicator called S/R Trendlines. It is the ultimate tool for the trader or investor who wants to fully exploit the power of support/resistance and trendlines in his or her trading.

Using a set of rules and user-defined weightings it mathematically identifies, draws, and updates the best trend lines (up to 3 upper trendlines and up to 3 lower trendlines) based on recent price action. It also automatically identifies and draws the two most recent gap zones in the vicinity of current price as well as up to four of the strongest s/r (support/resistance) levels found in the price action.

Highlighting open gaps just above current resistance.

A side benefit is that the combination of trend lines and s/r lines that it produces also tend to highlight a number of important price patterns, such as double tops and bottoms, triangles, flags, pennants, and wedges.

S/R Trendlines uses the concept of an 'Ignore Zone' which, by default, is comprised of the most recent 3 price bars and is shaded in light grey. Trendline or s/r level breaks that occur in the Ignore Zone do not invalidate the trendline or the s/r level. Thus you can see the breakouts as they occur and make your trading decisions before the invalidated trendlines or s/r levels are removed from the chart.

Support/resistance levels displayed as dashed lines.

With a large number of settings that can be adjusted by the user, S/R Trendlines can be customized to a high degree, and it is very easy to use and understand... even for beginners.

The indicator itself is available on our Products page...just select the TradingView category in the indicator section.


Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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Triangle Pattern for TradingView


Finding a relatively safe, simple, and reliable mechanism to trade the markets day in and day out is not easy. There are a lot of "black-box" systems out there that claim good results, but with a closed system you never fully understand how it works and under what conditions it might fail. Also, in that environment you will never actually learn how to trade by making your own decisions.

One of the first books recommended to me when I first became interested in trading/investing was Technical Analysis of Stock Trends by Edwards and Magee, and it is one of the few that I still refer to today. While the examples in the book are quite old, the methodology outlined in the book (specifically with regard to support and resistance and trading price patterns) still holds true in the modern markets.

Price patterns, such as the triangle, are well documented, they occur frequently in all securities and time frames, and are relatively easy to trade for newbies and veterans alike. They are particularly prevalent in the Forex market which, of course, is quite popular at the moment.

The triangle is a consolidation pattern and it can occur at any time. The best triangles, though, are those that occur during a strong trend (bullish or bearish). After a strong move the market will take a breather and consolidate for a period of time before resuming the previous trend. This consolidation often takes the form of the Triangle pattern which is a series of diminishing coils typically with diminishing volume.

As the price action nears the apex of the triangle a breakout will occur on higher volume. The breakout is expected to be in the direction of the prior trend, the price target is the breakout point plus the overall height of the triangle, and the stop is typically placed at the most recent swing low/swing high just prior to the breakout. If you scan through charts for almost any symbol, and on any bar interval, you will see this happen over and over again.

The Triangle Pattern for TradingView indicator automates the triangle identification process. It looks for price action that typically indicates the beginning of a triangle formation, and it draws an outline giving you an idea as to the height and the length of the pattern (it will also trigger a TradingView alert). Not all patterns found by the indicator will develop into actionable triangles, but a good number of them will. And as long as you follow a few basic rules (outlined in the User Guide) you can generate a good number of trades per day just by monitoring a small basket of symbols/intervals.

More information is available in the User Guide. The indicator itself is available on our Products page...just select the TradingView category in the indicator section.

Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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HPC Lite for TradingView

TradingView (www.tradingview.com) is rapidly becoming the most widely used online financial platform, and for years it has been one of the most requested platforms for our Harmonic Pattern Collection (HPC) product. Until recently, though, it was not possible to port our HPC product to the TradingView platform due to limitations in their PineScript language.

In June of last year TradingView made some significant changes/upgrades to the language and we set out to develop a version of HPC that would work in the TradingView online and mobile environment.

The result is HPC Lite for TradingView. It consists of 5 indicators...one to identify and draw all MW patterns (e.g., Crab, Bat, Gartley, etc.), another to identify and draw all Shark and ABCD patterns, and the remaining three indicators to plot the HSI, HSI Arrows, and ampRSI which are the primary supporting indicators for the HPC product.

We call it "HPC Lite" because there are still some code-size, code-complexity, and overall functionality restrictions in PineScript that prevent us from implementing all of the features that we have in our desktop HPC versions. That said, it is still an impressive product that does a great job in identifying recent tradeable patterns, and it will all run in the TradingView mobile app as well as their online charting platform.

The HPC Lite for TradingView product is part of our HPC Collection and we currently have versions available for eSignal, NinjaTrader, MetaTrader, Sierra Chart, TradingView, and Thinkorswim.

For more information please visit the HPC Lite for TradingView landing page.

Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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Harmonic Pattern Collection for MetaTrader 4


We are pleased to announce the release of our Harmonic Pattern Collection for MetaTrader 4. MT4 is by far the most popular currency trading platform on the market with a user base that spans the globe.

The biggest issue we had with the MT4 implementation is the fact that the platform has no built-in scanner or watchlist functionality....it is strictly chart-based. So we had to design and build our own from scratch.

The result is an extremely powerful and flexible product that has features not typically seen in an MT4 offering. Various templates are provided that make it quick and easy to load the core HPC indicators into any chart. We also have a number of "how-to" videos to get you up and running quickly as well as a very detailed User Guide.

The scanning/monitoring functionality is exceptional. You can load multiple scanners (each in a different timeframe) and each scanner can accommodate up to 50 symbols. The scanners themselves are standalone windows that can be placed anywhere on your desktop, which comes in handy if you have a multi-monitor trading rig.

A chart-linking feature has also been implemented. Basically you select one of your MT4 charts to be the link recipient and, thereafter, any time you double-click on a row in any of your scanners, the link chart will change to the symbol and timeframe specified by the scanner.

Alerts have also been added to both the scanner module as well as the chart-based indicators.

The Harmonic Pattern Collection for MT4 is part of our HPC Collection and we currently have versions for the eSignal, NinjaTrader, Sierra Chart, MT4, and ChartIQ platforms.

For more information please visit the HPC landing page and review the User Guide.

Divergence Software, Inc.
www.sr-analyst.com
support@sr-analyst.com
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Harmonic Pattern Collection for Sierra Charts

 We are excited to announce the upcoming release of our Harmonic Pattern Collection for Sierra Charts. Sierra is a full-featured charting/trading platform second to none. For more information on the Sierra platform go here.

The product is pretty much identical in functionality to our Harmonic Pattern Collection for eSignal. Sierra Charts offers a Study Summary which is very close in functionality to the eSignal watchlist feature.

The full complement of HPC studies has been integrated, including the pattern scanner, HSI indicator, HSI Arrows, RSI Bamm, Amplified RSI and Pi Phi Bands.

HPC for Sierra Charts will initially be available for the 64-bit Sierra platform. 32-bit support will be added down the road.

We are looking for a handful of Sierra Chart users to do some product stress testing/beta testing. If you are interested, please send us an email at the address below.


Divergence Software, Inc.

www.sr-analyst.com
support@sr-analyst.com
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Product Spotlight - Harmonic Pattern Collection

A major update to our Harmonic Pattern Collection for eSignal product has just been released and is available for download!

Product Spotlight - Auto Stop


The Auto Stop indicator is available for the eSignal platform and it's core logic is very similar to the popular SuperTrend indicator, with some major enhancements including Manual and Continuous modes of operation, a profit-protect feature, extensive configuration options, alerts, reverse-on-touch or reverse-on-close options, and it is backtester-ready.

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Harmonic Pattern Collection Lifetime Package

If you are currently a Harmonic Pattern Collection monthly subscriber, consider upgrading to outright purchase of the Harmonic Pat...

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