Pattern details and a trade plan:
Swing identificaiton: prex(6)
B-point: 0. .6XA
Entry(limit order): 0.7XA
Stoploss(stop order): 1.1XA
Target(limit order): 2.4 to 1 RR
First bar in history: 1999.01.04 08/00/00
Total patterns found: 28
Number of winners: 15
Average winner: 198.6pips
Probability of win: 53.57%
Average RR: 3.32
There are no "each harmonic pattern" for me. There's only ONE pattern. It is called a unified gartley.
It requires some clarification:
1) Based on the B-point and C-point ratios there are 35 variations of Unified Gartley. For example, the variation on the chart is called B6C9 UG.
2) Every variation can be traded a different way. It depends on where to place entry, stop and target. Although, the total number of trading methods is unlimited, in my researches I only test 160 trading methods per pattern variation. After all 160 trading methods of a pattern variation are tested I simply pick up the best performance one for my trading (and sometimes post here as demonstration):). A pattern variation with one trading method is called a "trading setup".
3) Patterns don't work the same way on all timeframes and on all financial assets. A trading setup that is profitable on one financial asset in majority of cases is a loosing trading setup on another financial asset. Moreover, within one financial asset it is pretty common when a trading setup is profitable on one timeframe and is loosing on another.
4) Markets always move. New patterns appear again and again. This influences a trading setup's statistics. That's why I do backtest everyday adding new patterns to old ones and recalculating the statistics. I pretty often meet a situation when a trading setup was the best yesterday and it is no longer the best one today.
Here's a detailed picture of Unified Gartley Backtest structure: https://prnt.sc/ppgmyx