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korHarmonics v6.7.9 Test

Latest test version of this indicator is avaliable in download>korHarmonics sections.

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Current Developments

What's new in KorHarmonics 6.7.9

  • Potential Reversal Zone (PRZ) as Fibo cluster from 4 types of measurements: internal and external retracements, projection and APP (based on P. Danielewicz book "Geometria Fibonacciego").
  • Extensions/additional conditions for the Emerging Patterns (Gartley, Butterfly, Crab, Bat)
  • Defaulting MinSwing size based on ATR (automatic defaults for any MT4 instrument)
  • Fixes in the patterns definitions

korHarmonics NEW version 6.7.8 avaliable to download!

Indicator is available from Download>korHarmonics section.

Changes described on the forum in the Current and future functionality section.

Test version will be available till 30.06.2010. Before this time expires next Trial should be available.

Looking forward to hear your comments.

Worth to read

  • Eurodollar, Daily Chart 5 Sep 2010 | 3:58 pm market geometry

    It is actually reasonable simple chart by EW point of view. Downside movement is ABC movement where both, A and C breakes for similiar size impulse waves and B in the middle just terminates it where waves were changed.

    Monthly chart 50 % retracemed once was reached turned up and there is pretty clear one full impulse wave up and finished, as next it is retraced 50% and started to roll up again.

    5-0 is IV wave and with minium it should open B wave up. When and once this first cirmunstances is met exactly the same 50% and 61.8% offers small resistance for this small impulse and it is possible it is going to drop C down which would place in fact very bullish scenario because market would consider that to be W2. It is possible this kind of movement is coming on next week once upside B wave cirmustances are met.

    But larger degree as attatched daily chart shows where the real power is likely placed, it is on the way higher by then, behaviour is exactly the same as explained above for smaller timeframe.

  • SPX 1100-1103, exit time for me, 3 Sep 2010 | 3:57 pm market geometry

    Sold HPQ and Visa, both.

  • Interesting times, 2 Sep 2010 | 11:52 pm market geometry

    Sorry, I think I accidently posted one chart without any text for this field earlier, it went to wrong place - purpose was to explain something for someone what swing size 1.618 means with one crab.

    It has been bullish market over the week after monday last final small plunge to SP 1038 area. I see 1100 as a bit danger area but many chart are fighting with actual turns now. Pretty light, but still long with Visa and now with HPQ too.

    There is times to comment something and there is times to not comment anything - I choose second one at this time because honestly I have absolutely no idea what is going to happen now. I see significant risk for drop to 930 area and I see significant risk of much higher numbers too - so, it is "so so" for me now. ABC drop to 1038 was not so difficult even I was ready to see even 1000 with it. 1100 might turn but 1130 also possible.

    We see if we live.