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Indicator MultiZ Boom Harmonic Hunter for TradingView

Indicator MultiZ Boom Harmonic Hunter for TradingView

Original price was: $16.00.Current price is: $8.00.

The term “Indicator MultiZ Boom Harmonic Hunter for TradingView” likely refers to a combination of indicators that utilize harmonic patterns and boom hunter strategies within the TradingView platform. These tools are designed to help traders identify potential entry and exit points based on harmonic price formations and explosive price movements. 

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Description

The term “Indicator MultiZ Boom Harmonic Hunter for TradingView” likely refers to a combination of indicators that utilize harmonic patterns and boom hunter strategies within the TradingView platform. These tools are designed to help traders identify potential entry and exit points based on harmonic price formations and explosive price movements. 

Here’s a breakdown of the components and their functions:
Harmonic Patterns:
  • Harmonic patterns are geometric price formations that rely on Fibonacci ratios to identify potential reversals and continuations in price movements. utilize these ratios to pinpoint key support and resistance levels. 
     like the 5-0 pattern, for example, are automatically detected and marked on the chart, with signals generated based on the established Fibonacci ratios. 
  • Indicators like “Harmonic Bloom” use Fibonacci levels and inflection points to identify potential convergence zones where price direction changes are likely. 
  • The “Auto Harmonic Screener – UltimateX” scans for patterns like Gartley, Butterfly, Bat, and Crab, offering adjustable parameters for error thresholds and log scale scanning for assets like cryptocurrencies. 
Boom Hunter:
  •  like “Boom Hunter X”, are designed to identify breakouts and explosive price movements. 
  • They often incorporate oscillators like Stochastic RSL to pinpoint potential entries and exits. 
  • Boom Hunter pro features an oscillator based on COG with options for colored bars and Fibonacci lines to aid in entry and exit decisions. 
  • Boom Hunter XL builds upon the Pro version with features like volume pressure analysis, improved pressure dots, and support and resistance lines. 
Integration:
  • The term “MultiZ” likely refers to the use of multiple instances or variations of these indicators, potentially on different timeframes or with different parameter settings, to gain a comprehensive view of price action. 
  • Traders might combine Harmonic pattern analysis with Boom Hunter’s breakout detection to pinpoint high-probability trading opportunities. 
  • For instance, one could use Boom Hunter to identify potential trend reversals and then use Harmonic patterns to refine entry and exit points within that trend. 

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