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HarmonicPatternFinder indicator

Posted: Thu Nov 04, 2021 3:48 pm
by 太虚一毫
Post another post: viewtopic.php?f=579496&t=8473240

This stuff is almost a trading system.
Looking forward to those who are interested, publish their experience.

Re: HarmonicPatternFinder indicator

Posted: Fri Nov 05, 2021 12:36 pm
by 太虚一毫
HarmonicPatternFinder dozens of strange graphics, I don't think it is useful. But the butterfly can be compared with the triangle indicator.
Quasi-inaccuracy is not important. Put a butterfly in the main chart, it looks cool.


Butterfly——

Re: HarmonicPatternFinder indicator

Posted: Mon Nov 08, 2021 12:20 pm
by 太虚一毫
Harmonic may be the product of Fibonacci, trend lines, support and resistance, and pivotal mischief. Has it been invented for 80 years?

Re: HarmonicPatternFinder indicator

Posted: Wed Nov 10, 2021 2:39 am
by 太虚一毫
USDJPY is cool!

Re: HarmonicPatternFinder indicator

Posted: Thu Dec 02, 2021 12:43 am
by 太虚一毫
EURUSD——

Re: HarmonicPatternFinder indicator

Posted: Fri Dec 10, 2021 2:38 am
by 太虚一毫
USDJPY——

Re: HarmonicPatternFinder indicator

Posted: Sat Dec 06, 2025 3:17 pm
by Banzai
Wolfe Wave
(on/off button)

Wolfe Waves are classified as a price pattern / reversal-and-continuation harmonic structure based on natural market geometry.
Here is the clean classification used by professional traders:

✅ Wolfe Wave Classification
Category:
🔹 Geometric Price Pattern
🔹 Harmonic (but not Fibonacci-based) Structure
🔹 Reversal + Continuation Pattern
🔹 Wave-based Pattern (5-wave market rhythm)
🔹 Predictive Pattern (projects an “EPA/ETA” target line)

📌 Not part of Elliott Wave
Even though it uses 5 waves, it is NOT an Elliott Wave structure.
It’s purely geometric: it relies on supply/demand lines, symmetry, and timing, not EW rules.

🧠 How traders generally categorize Wolfe Waves

If you look at books, banks, and prop-firm classification charts, Wolfe Waves fit under:
1. Price Action Patterns
  • Five-leg structure
  • Rising/falling wedge shape
  • Identifies imbalance → correction → trend extension
2. Harmonic Patterns
  • Similar to harmonics (Gartley / Bat / Crab)
  • BUT Wolfe Waves do not use Fibonacci rules → they use geometry only
  • → So they’re considered “harmonic-style geometry patterns.”
3. Reversal & Continuation Pattern
  • Often acts as a reversal pattern at Wave 5
  • But frequently acts as a continuation pattern inside trends (especially “3-drive” continuation Wolfe waves)
🔥 Simple one-line answer
Wolfe Waves are classified as a geometric price-action pattern with a 5-wave harmonic structure used to predict reversal and continuation targets.