Version 2.0 of our popular Harmonic alerts module has now been released.
When trading using harmonic alerts in a lot of cases we are trying to take reversals in trend. This can as with any sort of trading have risks associated with it.
The key is to try and minimise those risks as far as possible. So I have now added an extra alert to the module that tells us if the pattern that has been detected is within 10 pips of a significant support or resistance area.
For those of you that dont know the module receives its data from 2 different data sources giving us an effective total of 128 monitored price feeds.