Cluster of PRZ lines for Harmonic Pattern Plus

Cluster of PRZ lines for Harmonic Pattern Plus

You can find what are the cluster of PRZ lines in this article:

http://algotrading-investment.com/price-action-and-pattern-trading-articles/

The cluster of PRZ lines are most logical way of sorting possible Fibonacci levels in the visually available space in your chart.

Remember that many traders are trading with one fibonacci levels with some supplimentary confirmation, the cluster of PRZ lines are stacks of Fibonacci levels. Of course, traders can put high emphasis on this level as an important support and resistance levels.

After you have learnt the concept, it is entirely up to you to use the Cluster of PRZ line or not. In our own opinion, it is better to use either Custom Take Profit or Cluster of  PRZ lines. Because when you use both of them, they might confuse you.

So here we provide simple screenshots of how to switch on and off the cluster of PRZ lines. It is not so difficult to do so. Just go to Input setting. Set Use Potential Reversal Zone = false.

See the screenshot attached.

http://algotrading-investment.com/price-action-and-pattern-trading-articles/

https://www.mql5.com/en/users/financeengineer/seller#products

harmonic-pattern-plus-prze1

 

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