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Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus
(Harmonic Pattern Scenario Planner)
Having understood all the concept behind the Pattern Completion Interval, you might observe
that sometime price can react outside the pattern completion interval. Sure, there is nothing
perfect in the world. As long as you understand the pros and cons of using large stop loss size,
it is still fine to control your own stop loss size.
However, we still prefer to express stop loss size in terms of pattern completion interval range
for convenience. For example, if the original stop loss size was equal to 1 x pattern completion
interval,    you can certainly use 1.5 x pattern completion interval or 2 x pattern completion
interval.
Another consideration before you are using pattern completion interval, if you can enter the
market at the competitive price, then you can feel less guilty when you increase your stop loss
size because you are still remaining good rewards/Risk ratio. On the other hands, if you have
entered market at not so competitive price, then you might be cautious when you increase your
stop loss size.
The same feature applies to X3 Chart Pattern Scanner (Non Repainting and Non Lagging
Harmonic Pattern and Elliott Wave pattern scanner.)
In addition, you can watch the YouTube Video titled   feel what is the automated harmonic
pattern indicator like. For your information, we provides two YouTube videos with title and links
below.
YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk
YouTube “Non Repainting Non Lagging Harmonic Pattern
Indicator”:  https://youtu.be/uMlmMquefGQ
Harmonic Pattern Plus
https://www.mql5.com/en/market/product/4488
https://www.mql5.com/en/market/product/4475
https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/
Harmonic Pattern Scenario Planner
Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus
(Harmonic Pattern Scenario Planner)
/ / /
https://www.mql5.com/en/market/product/6101
https://www.mql5.com/en/market/product/6240
https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/
X3 Chart Pattern Scanner
https://www.mql5.com/en/market/product/41993
https://www.mql5.com/en/market/product/41992
https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/
Related Products
Related Posts:
Questions on Risk
Questions on Risk
Management with Profitable
Management with Profitable
Patterns
Patterns
Take Profit and Stop Loss in
Take Profit and Stop Loss in
Optimal Turning Point…
Optimal Turning Point…
Take Profit and Stop Loss in
Take Profit and Stop Loss in
X3 Chart Pattern Scanner
X3 Chart Pattern Scanner
Trading Setup with Pattern
Trading Setup with Pattern
Completion Interval
Completion Interval
MetaTrader Indicators and
MetaTrader Indicators and
Pattern Scanners
Pattern Scanners
Scan and search future
Scan and search future
harmonic patterns with…
harmonic patterns with…
Pattern Completion Interval
Pattern Completion Interval
and Basic Order…
and Basic Order…
Introduction to Harmonic
Introduction to Harmonic
Pattern Scenario Planner
Pattern Scenario Planner
Share this entry
       
Volume
Spread
Pattern
Indicator
Fractal
Pattern
Scanner
Price
Breakout
Pattern
Scanner
Turning
Point
Detector

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Automatic resizing your stop loss and take profit level with harmonic pattern plus (harmonic pattern scenario planner) advanced technical analysis and indicator

  • 1. Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) Having understood all the concept behind the Pattern Completion Interval, you might observe that sometime price can react outside the pattern completion interval. Sure, there is nothing perfect in the world. As long as you understand the pros and cons of using large stop loss size, it is still fine to control your own stop loss size. However, we still prefer to express stop loss size in terms of pattern completion interval range for convenience. For example, if the original stop loss size was equal to 1 x pattern completion interval,    you can certainly use 1.5 x pattern completion interval or 2 x pattern completion interval. Another consideration before you are using pattern completion interval, if you can enter the market at the competitive price, then you can feel less guilty when you increase your stop loss size because you are still remaining good rewards/Risk ratio. On the other hands, if you have entered market at not so competitive price, then you might be cautious when you increase your stop loss size. The same feature applies to X3 Chart Pattern Scanner (Non Repainting and Non Lagging Harmonic Pattern and Elliott Wave pattern scanner.) In addition, you can watch the YouTube Video titled   feel what is the automated harmonic pattern indicator like. For your information, we provides two YouTube videos with title and links below. YouTube “Harmonic Pattern Indicator”: https://youtu.be/CzYUwk5qeCk YouTube “Non Repainting Non Lagging Harmonic Pattern Indicator”:  https://youtu.be/uMlmMquefGQ Harmonic Pattern Plus https://www.mql5.com/en/market/product/4488 https://www.mql5.com/en/market/product/4475 https://algotrading-investment.com/portfolio-item/harmonic-pattern-plus/ Harmonic Pattern Scenario Planner Automatic Resizing your Stop Loss and Take Profit Level with Harmonic Pattern Plus (Harmonic Pattern Scenario Planner) / / /
  • 2. https://www.mql5.com/en/market/product/6101 https://www.mql5.com/en/market/product/6240 https://algotrading-investment.com/portfolio-item/harmonic-pattern-scenario-planner/ X3 Chart Pattern Scanner https://www.mql5.com/en/market/product/41993 https://www.mql5.com/en/market/product/41992 https://algotrading-investment.com/portfolio-item/profitable-pattern-scanner/ Related Products
  • 3. Related Posts: Questions on Risk Questions on Risk Management with Profitable Management with Profitable Patterns Patterns Take Profit and Stop Loss in Take Profit and Stop Loss in Optimal Turning Point… Optimal Turning Point… Take Profit and Stop Loss in Take Profit and Stop Loss in X3 Chart Pattern Scanner X3 Chart Pattern Scanner Trading Setup with Pattern Trading Setup with Pattern Completion Interval Completion Interval MetaTrader Indicators and MetaTrader Indicators and Pattern Scanners Pattern Scanners Scan and search future Scan and search future harmonic patterns with… harmonic patterns with… Pattern Completion Interval Pattern Completion Interval and Basic Order… and Basic Order… Introduction to Harmonic Introduction to Harmonic Pattern Scenario Planner Pattern Scenario Planner Share this entry         Volume Spread Pattern Indicator Fractal Pattern Scanner Price Breakout Pattern Scanner Turning Point Detector