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Zenith harmonic pattern scanner

Discussion in 'Has anyone heard of?' started by Steve747, Aug 14, 2019.

  1. Steve747

    Steve747 Recruit

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    Hello. I noticed a new trading signals software on the market by a guy called Mike N called Zenith harmonic pattern scanner. Does anyone know anything about this software . Thanks
     
  2. supreme

    supreme Recruit

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    Zenith Harmonic Patterns Scanner (ZHPS) is as a the name suggests a trade signals scanner based on Harmonic Patterns. It currently works on MetaTrader 4

    Anyone can make a scanner, but the underlying strategy is what determines if its a winning system or not..

    The strategy behind ZHPS is one that we have tested over the years and we keep on improving. The philosophy behind the strategy is that, Nature itself is cyclic and in every facet of life, its easy to identify repetitive patterns that may match to a certain extent.

    SETTINGS
    There are 40+ settings on the Zenith Harmonic Patterns Scanner that could influence a users experience and results. So there can be as much variance on results as there are traders.

    I will focus on the Key ones:

    PAIRS:
    One may add as many pairs to be scanned as possible. currently there are 30 pairs on Default. However one can add or subtract any instrument traded on metatrader:
    Spanning, Forex, indices, SpotOIL, Shares UK, Futures, Shares EU, Crypto, Commodities, OIL, Bonds, Shares US, Gold, Silver, Energy and whatever else instruments your MT4 broker provides for trading
    *To scan 30 pairs takes 3 to 5 minutes, we recommend keeping it at 30 pairs otherwise 100s of pairs may take quite a long time to scan..

    TIME FRAME
    The default Timeframes are H1, H4 and D1 - we learnt the higher timeframes have a higher winning rate than lower ones. lower TF's can also be used, thow i recommend M15 to be the lowest one can use..

    TAKE PROFIT
    There are 3 take profit levels: TP1, TP2, TP3, the default is TP2 but once can go with any.. Lower TFs should go TP1 which has fewer pips expectancy.

    PATTERN ACCURACY
    This number shows accuracy of patterns. Highest value is 100, bigger number scans higher quality patterns but number of patterns will be few. The best accuracy rate is between 85 & 90.

    BREAKEVEN
    The BE setting is in percentage, which is in relation to Take profit. For example if the Take Profit is 100 pips and BreakEven is 60% - this means that is a trade gets to +60 pips the Stoploss moves to Entry Price (hence BreakEven)

    PARTIAL CLOSE
    This setting is in percentage also, for example if PartialClose is 50% and the Lot Size is 1 Lot. So when a trade moves to BreakEven 0.5 Lot of the trade is closed

    NB: Combining BreakEven and Partial Close can result to a "No Loss" Strategy. huh? if you have a TakeProfit of 100 pips and Break even of 30% pips, you just need to be certain of trade direction by 30 pips..

    WIN RATE
    with critical settings as described above, means there can be as many winrates as there are traders using the scanner.

    SOFTWARE UPDATE
    There is a setting on Software AutoUpdate and its free

    Try before you buy?
    we offer free signals on our website. the trade calls are generated by the scanner (delivered by email, messenger, telegram, twitter, facebook page)

    Mike N
    Zenith Harmonic Systems
    Official Website: ZenithHarmonic(dot)com

    PS: am happy to respond to any queries that one may have regarding the software.
     
  3. Mikki Brown

    Mikki Brown Recruit

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    Hey,
    Just wanna say thank you to the Fx math team. You made a great job finding what's work in financial market. Harmonic pattern is a great tool to gauge what is going on. And yes I can tell you it is a winning trading strategy. Market structure, fibonacci levels are powerful. It is the basic instinct of the markets well coded. It works 8 times out of 10, the money management will ensure an unbeatle flow of winning cracking trades. This system you can trust.
     
  4. Mikki Brown

    Mikki Brown Recruit

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    And please, Sorry, I wanna make sure that you are not mistaking my post. I'm not promoting or adverdise anything and I don't work for Fx math. But they made a point with their tools. It is accurate coupled with a short mid term trading sytem like mutiple moving average or any scalping system to catch reversal and continuation. Of course it needs some understanding of market structure
     
  5. Mikki Brown

    Mikki Brown Recruit

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    That's how it looks when you have an early warning with zenith EA daily highly reliable.
     

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  6. Mikki Brown

    Mikki Brown Recruit

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    Hi,
    It's about having an edge. Great tool with rewarding potential Good trading guys
     

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  7. Mikki Brown

    Mikki Brown Recruit

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    Hi again,
    The trade on the GBP CAD was amazing and deadly accurate. A chart like this is self explanatory. 3 TP hits that's about 600 pips in one trade. Enjoy
     

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