FX:AUDUSD   澳元/美元
This is a rather bizarre situation that can occur if you trade harmonic price patterns.
If the price would follow the green line in this example, it would create a Cypher pattern and a Gartley pattern at the same time. So why is that interesting? Well, for starters, both of these patterns are valid!

The question you should want to ask is "Which pattern to trade?"
Should you trade the one you saw first? The one with the best risk/reward ratio? Or maybe trade both?

In my opinion, this is something you should consider in your backtesting when you test harmonic patterns .
The funny thing is that it probably happens much more often than you realize, and if you backtest one pattern at a time you probably don't notice that you're taking the same position twice. However, when you trade it live, you probably don't bother looking for patterns within other patterns, which means that technically, you could be breaking your rules without knowing it.

Well, how often does this happen, then? It depends on the ratios you use to define your patterns. Thus, the only way to know if it would really make a difference in your trading or not, is to actually go through your backtesting data to see how many of the trades you entered were at the same time, and what the outcome of these trades were.

Thanks!
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出