• Übersicht
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  • Diskussion (38)
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Harmonic Butterfly

The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns.


Parameters

  • zzDepth, zzDev, zzBack - ZigZag parameters
  • factorAB_min, factorAB_max - minimum and maximum ratio of AB and AX levels (see the screenshot)
  • factorBC_min, factorBC_max - minimum and maximum ratio of BС and AB levels (see the screenshot)
  • factorCD_min, factorCD_max - minimum and maximum ratio of CD and BC (see the screenshot)
  • factorAD_min, factorAD_max - minimum and maximum ratio of AD and AX (see the screenshot)
  • bearColor - bearish pattern color
  • bullColor - bullish pattern color
  • CountBars - limit the amount of bars to be processed by the indicator (reduces the initial download time)
  • UseAlert - enable pop-up messages
  • UseNotification - enable push notifications
  • UseMail - enable email notifications
  • CustomEventBuy,CustomEventSell - chart events

Sample to use signals in EA:

void OnTick() {
 double x;
 x = iCustom(Symbol(),PERIOD_CURRENT,"Harmonic-Butterfly",0,1); if (x != 0 && x != EMPTY_VALUE) goBuy();
 x = iCustom(Symbol(),PERIOD_CURRENT,"Harmonic-Butterfly",2,1); if (x != 0 && x != EMPTY_VALUE) goSell();
}

void goBuy() { // function for open BUY
}

void goSell() { // function for open SELL
}
void OnChartEvent(const int id, const long &lparam, const double &dparam, const string &sparam) {
 switch (id) {
  case CHARTEVENT_CUSTOM+100: 
   goBuy(); break;
  case CHARTEVENT_CUSTOM+101: 
   goSell(); break;
 }
}

void goBuy() { // function for open BUY
}

void goSell() { // function for open SELL
}


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The indicator displays renko bars on a chart and uses them to create ZigZag indicator - trend lines connecting local price movement Highs and Lows. The indicator, in turn, is used to create AB=CD displaying potential price reversal points. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any time
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The indicator displays Renko bars on the chart, uses their data to calculate and display the moving average, PriceChannel and generates buy/sell signals. Renko is a non-trivial price display method. Instead of displaying each bar within a time interval, only the bars where the price moved a certain number of points are shown. Renko bars do not depend on a time interval, therefore the indicator works on any timeframe without losing its efficiency. The PriceChannel indicator displays the upper, lo
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Lorentzos Roussos
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1187
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535
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5762
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redneedle
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Antwort auf eine Rezension
Version 2.6 2019.08.24
Small edition
Version 2.5 2019.08.23
Add EventChartCustom
Version 2.4 2019.06.14
нет лого fx-prog.ru
Version 2.3 2016.04.27
Added the 'TimeFrame' parameter - now the chart displays the patterns not only of the current, but also from the higher timeframe.
Version 2.2 2016.04.12
- Buy and sell signals allocated among the indicator buffers
- Added ShowPredict parameter to hide a forming pattern
Version 2.1 2016.03.24
New input patterPreset - choosing standard proportions for the shapes: Gartley, Crab, Bat, Butterfy. Manual configuration works if patterPreset = MANUAL.
New input MessageAdd - the text to be added to alerts.
Version 2.0 2016.03.10
- Added display of the pattern at the stage of its formation. Displayed by triangle outlines.
- Added display of potential reversal area at the formed pattern.
- Added parameter 'prefix' for the correct display of several instances of the indicator on one chart. Enter different strings for different charts.
Version 1.1 2016.02.19
Fixed text messages. Disabled display of excessive debugging data.