Using Harmonic Pattern Plus and Profitable Pattern Scanner Together

<p>Using Harmonic Pattern Plus and Profitable Pattern Scanner Together </p>
<p>Harmonic Pattern plus and profitable pattern scanner are the great harmonic pattern detection indicator. Some trader asked me if they can use Harmonic Pattern Plus and Profitable Pattern Scanner together.</p>
<p>The short answer is yes. It is possible to combine them. Even though both indicators detect harmonic patterns, they are using completely different pattern detection algorithm. Harmonic pattern Plus uses the classic pattern detection algorithm whereas Profitable Pattern Scanner uses non repainting pattern detection algorithm (i.e. latest pattern detection technology).</p>
<p>There can be some overlapping in the detected patterns. However, there are also many different patterns can be detected. If both indicator detect the same patterns, then the patterns are often more accurate. At the same time, with non overlapping patterns, you have less chance to miss out the good signals.</p>