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All harmonic patterns can expand to a point when the pattern is no longer valid. Regarding this, yes, the indicator can give false signals. However PZ products ( most of them) have some built in filter to reduce false signals.

The best strategy is the one you really master. No strategy works for everyone. Find the one that suits you and stick to it

Anyone having good results so far? Any feedback is welcome

Thanks for the share (y)

Hi, can we see a backtest result? Or any result from a real account or something?

Thanks, PZ products are usually great tools

Thanks for the share

It identifies trend, pullbacks and breakouts, good indicator

The entries of the indicator are great but how do you plan your exits?

Hey sorry for that :) I read the whole thread, and after i posted my question i realized that i already had the answers. How does the ea work since you increased the lot size?

There is no such thing as a good system. What works for me might not work for you, and what you might use succesfully, might fail by me. If there would be a great proven system, everyone would use that. My friendly advice is to try to find out what works for you, study and demo your strategy...

This indicator works best on ranging markets and fails on trending periods.

and what pair did you use? and what timeframe?

What account size do you have on demo? and i guess you ran it with 0.01 lot size? Please keep us updated. Cheers and good luck (y)

Thanks for sharing, will test it in real market conditions

Thanks for sharing, excellent indicator, will test in real market condition

HFT, not htf, means High Frequency Trading

Excellent, thanks for sharing, will update with results

Can you please share a screenshot with the indicator?

I also tried to make some backtests, but unfortunately didn't have much luck. you might have relatively small drawdown from time to time, but when you have a big one, your account is blown