Basic Harmonic Patterns Dashboard

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Apr 15, 2024
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Introduction​

Evaluating trading robots is always a mixed bag. Today, let's dissect the Basic Harmonic Patterns Dashboard. With all the hype around it and a glowing user review from Omar Alsaleem, one might think it's a trading panacea. Is it though? Let’s dive in.

Description of Functions​

The Basic Harmonic Patterns Dashboard claims to identify harmonic chart patterns. These include Gartley, Bat, Butterfly, and Crab patterns. It aims to provide traders with visual cues and alerts when these patterns are identified. In theory, this should help traders make informed decisions, leveraging historical price action behaviors.

Key features:
  • Pattern recognition for key harmonic patterns
  • Alerts for identified patterns
  • Integration with MetaTrader 5
  • Visual dashboard for easy pattern identification

Analysis of Results​

According to the website, the robot has shown consistent results over the past year. However, I always take these claims with a grain of salt. Backtesting and real-world trading are two different animals. Without extensive personal testing or a broader range of user reviews, I'm not ready to take these results at face value.

Pros and Cons​

Pros:
  • Simplifies harmonic pattern identification
  • Provides real-time alerts
  • Integrates seamlessly with MetaTrader 5

Cons:
  • User reviews are limited
  • Performance claims need further verification
  • Dependent on accurate pattern recognition, which is not foolproof

Conclusion​

The Basic Harmonic Patterns Dashboard promises a lot, but whether it delivers consistently is another question. While Omar Alsaleem’s review is glowing, a single review doesn't tell the whole story. If you're using or planning to use this robot, share your experiences on the forum. Let's see if this tool lives up to its hype.

Source Code of Basic Harmonic Patterns Dashboard​

We don't have access to the original source code of the Basic Harmonic Patterns Dashboard sold on MQL5. However, we can create a similar code based on the description provided.

Code: 
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[SEO] Download Basic Harmonic Patterns Dashboard[/SEO]​

Interested in the Basic Harmonic Patterns Dashboard? Visit the official site at forexroboteasy.com. If you have any questions about the code, feel free to ask them. Note that the EASY Trading Team does not sell the Basic Harmonic Patterns Dashboard; we merely provide a code example based on its description.
 
I've encountered a couple of hiccups with the dashboard. It seems to stubbornly refuse to refresh automatically, just like a bad date that keeps you waiting for a response. Am I missing a crucial step here? Additionally, I'm curious about how to tweak the timeframe settings to best suit my trading strategy. Any guidance would be immensely appreciated!
 
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