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Basic
Scanning Strategies: To help facilitate
the HA Scan, here are a few basic strategies to find the best
setups.
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To access the
settings, Go to TOOLS, select HARMONIC
ANALYZER.
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Once the HA Scan is
open, select the EDIT
button, which will open the filter list. After the filter
list is open, select the MATCH LIST
tab to choose various Fibonacci Palette (click link to view).
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After you are
finished choosing the pattern preferences, select OK
at bottom of the filter list page.
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This will prompt the
user to save the change preferences as a new list. Follow
this procedure and resave the match list as a different name
each time to create new lists.
Ratio Scan
Key
Numbers: Although the HA allows the user to scan
for ANY ratio, here are a few harmonic levels that represent
critical price zones.
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1.618/0.618
: The basis for all harmonic ratios, the 0.618/1.618 represent
the most harmonic individual price levels.
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0.886
: The 0.886 is the most effective harmonic ratio when
analyzing distinct support and resistance levels.
(Please read: "The
Origin of the 0.886 Retracement" for more
information.
Pattern Scan
AB=CD
Complex
Patterns
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Analyzer