HARMONIC PATTERS FUTURES TRADING: QUESTION ABOUT BEST TIMEFRAME - futures io
futures io



HARMONIC PATTERS FUTURES TRADING: QUESTION ABOUT BEST TIMEFRAME


Discussion in Traders Hideout

Updated
    1. trending_up 714 views
    2. thumb_up 5 thanks given
    3. group 5 followers
    1. forum 4 posts
    2. attach_file 3 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

HARMONIC PATTERS FUTURES TRADING: QUESTION ABOUT BEST TIMEFRAME

(login for full post details)
  #1 (permalink)
 tonguira 
Buenos Aires
 
Experience: Advanced
Platform: Ninjatrader
Trading: stocks, futures
 
Posts: 3 since Apr 2020
Thanks: 0 given, 1 received

Hello friends, how are you? I have a question for those who use harmonic patterns. From your experience, what is the best timeframe to use them in the ES/NQ? I am testing in 2000 and 2500 ticks and they work fine, but I would like the opinion of other more experienced traders. Do you use minutes, ticks, ranges, reversal bars? THANK YOU!

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
MCnet: (Multi-Timeframe) Directly Added Indicators vs Ba …
MultiCharts
NT8 3rd party Renko bars
NinjaTrader
looking for developer for pine scripts
Platforms and Indicators
Driving Crazy please help: MUltichart bar closing event …
MultiCharts
PowerLanguage: change bars types, size and number of min …
MultiCharts
 
 
(login for full post details)
  #2 (permalink)
 TraderTS 
Texas, USA
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: AMP Futures w/ CQG Data Feed
Trading: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
 
TraderTS's Avatar
 
Posts: 445 since Jul 2014
Thanks: 261 given, 375 received

@tonguira
The answer would be depending on what type of trader you are...
I am a Swing Trader who is using Harmonic patterns and Market Geometry - an amazing combination!
The best timeframe for me is 240M and 60M to find a pattern within the pattern as well as developing a trading plan.
In addition, the 5393T chart would be best to use for the intraday entry point; especially when using with Market Geometry.

I don't trade NQ... here are the attached charts of trading ES after the Holiday on the First Day of the Month, before Friday's Non-farm Payroll report.
Enjoy!


Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Attached Thumbnails
Click image for larger version

Name:	!FIO W22THU@MON.TPlan.ES240M vs 60M 2021-06-03.png
Views:	35
Size:	160.6 KB
ID:	313586   Click image for larger version

Name:	!FIO W22THU@MON.ES60M#buCypher.ptC~ptD 2021-06-03.png
Views:	38
Size:	561.7 KB
ID:	313591   Click image for larger version

Name:	!FIO W22THU@MON.ES5393T#buCypher.ptC~ptD 2021-06-03.png
Views:	31
Size:	531.9 KB
ID:	313592  
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to TraderTS for this post:
 
(login for full post details)
  #3 (permalink)
 lolu 
Lagos, Nigeria
 
Experience: Intermediate
Platform: NinjaTrader, SierraChart
Trading: Euro Currency & Oil
 
lolu's Avatar
 
Posts: 2,514 since Jun 2009
Thanks: 1,037 given, 1,665 received


@TraderTS,

Is the Harmonic patterns (NT8) indicator freely available?

lolu


TraderTS View Post
@tonguira
The answer would be depending on what type of trader you are...
I am a Swing Trader who is using Harmonic patterns and Market Geometry - an amazing combination!
The best timeframe for me is 240M and 60M to find a pattern within the pattern as well as developing a trading plan.
In addition, the 5393T chart would be best to use for the intraday entry point; especially when using with Market Geometry.

I don't trade NQ... here are the attached charts of trading ES after the Holiday on the First Day of the Month, before Friday's Non-farm Payroll report.
Enjoy!


Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
 tonguira 
Buenos Aires
 
Experience: Advanced
Platform: Ninjatrader
Trading: stocks, futures
 
Posts: 3 since Apr 2020
Thanks: 0 given, 1 received

Thanks a lot my friend! Great explanation!





TraderTS View Post
@tonguira
The answer would be depending on what type of trader you are...
I am a Swing Trader who is using Harmonic patterns and Market Geometry - an amazing combination!
The best timeframe for me is 240M and 60M to find a pattern within the pattern as well as developing a trading plan.
In addition, the 5393T chart would be best to use for the intraday entry point; especially when using with Market Geometry.

I don't trade NQ... here are the attached charts of trading ES after the Holiday on the First Day of the Month, before Friday's Non-farm Payroll report.
Enjoy!


Started this thread Reply With Quote
The following 2 users say Thank You to tonguira for this post:
 
(login for full post details)
  #5 (permalink)
 TraderTS 
Texas, USA
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: AMP Futures w/ CQG Data Feed
Trading: ES GC CL [4MES2ES as of 2019MAY] and [4MGC2GC as of 2021JAN]
 
TraderTS's Avatar
 
Posts: 445 since Jul 2014
Thanks: 261 given, 375 received


lolu View Post
@TraderTS,

Is the Harmonic patterns (NT8) indicator freely available?

lolu

I am using two (why? hmmm... very long story) Harmonic patterns recognition software for the NinjaTrader8 platform:
1. Purchased lifetime license from a third-party XABCDTrading.com - knowing what I know now... I would not recommend it; instead, check out these Professional Indicators https://uppdnn.com/
2. The "mkHarmonics" indicator is freely available to download as long as you are an elite member of FIO.
Here is the attached link:
https://futures.io/local_links_sort.php?catid=27&filter=&sort=d&page=1&pp=10&keyid=1519

Hope that helps!


Find the missing piece of the puzzle... Let's be amazing, be awesome in trading today!
iTS
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to TraderTS for this post:


futures io Trading Community Traders Hideout > HARMONIC PATTERS FUTURES TRADING: QUESTION ABOUT BEST TIMEFRAME


Last Updated on June 4, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

Your Trading Jekyll and Hyde w/Peter Davies @ Jigsaw Trading

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

June
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts