Do Gartleys and Butterflys not work on Nifty Futures ?

#1
Hi Traders,

I happened to learn 2 chart patterns namely Gartley and Butterfly which apparently have a high success rate in the forex market. I happened to find a text book formation of both Bullish Gartley and Butterfly on Nifty Futures but it did not work. So the question is do these patterns not work on the Indian index futures namely nifty and indian stocks in general ?

Please see the drawn pattern below
 
#3
Sirji, which broker is providing this MT4 platform with NSE scripts. Please provide some details. Please also share this indicator file. Thanks
 
#4
Yes they do work on Nifty as well as in all NSE and BSE scrips. An example is shown below.

[/URL]
Thany you very much Rajesh.

1. Which platform/Technical analysis software is the image taken from.

2. Would you know of any other broker platforms/Technical analysis softwares that have the 'harmonic pattern' tool to draw Gartleys, Butterflys etc
 
Last edited:

Similar threads