HarmonicPatternFinder indicator

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

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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.