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Harmonic Patterns Tester

You can find full version here:

Harmonic Pattern Scanner MT4

Harmonic Pattern Scanner MT5

Introduction

Harmonic Patterns are best used to predict turning point. Harmonic Patterns give you high win rate and high opportunities for trade in during one day. This indicator detects the best and successful patterns base on Harmonic Trading books by Mr. Scott M..

Main Features

  • Detect the best and  most successful patterns : Gartley, Bat, Crab, Butterfly, Cypher, Shark, Alt_Bat, Deep_Crab
  • Easy-to-use and user friendly indicator
  • Scan just on USDCHF and AUDCHF
  • Select and deselect time frames button for scan (M1,M5,M15,M30,H1,H4,D1,W1,MN)
  • It displays and pushes notification stop-loss, entry-point and take-profit levels
  • Candlestick check for the best entry Point
  • Use Fibonacci levels
  • It draws the ABCD projection
  • Potential Reversal Zone (PRZ) detection for Reversal identification
  • Potential Continuation Zone (PCZ) detection for price movement prediction
  • Pattern Completion Interval (PCI) detection for more trading opportunities
  • Sending the alert and push notification
  • Alert enable/disable base on your setting time
  • Adjust the pattern setting 

    Input Parameters

    =========Scanner============

    • Scan All Charts – Disable and scan just open AUDCHF or USDCHF chart
    • Scan the number of candles – Amount of history bars to evaluate
    • Re-scan Timer – Re-scan AUDCHF or USDCHF chart in all time frames after passing time

    =======Pattern Feature============

    • Pattern_Feature(Period, Deviation, Back step) - Algorithm Parameters for pattern recognition
    • Error_Rate – Maximum allowable error relative to pattern percentage
    • Wing length - Minimum distance between two legs in a pattern

    =======Display/style Options============

    • Display_Options – Display or do not display Percentage Lines, TP & SL levels or Pattern Name
    • Pattern, Percentage_Line, Stop Loss/Take Profit levels and Breakout Style - Set the Fonts and colors of patterns

    ========ALERT SETTINGS ==========

    • Display Alert or Push Notification – Enable or disable Alert or Push Notification
    • How many candles are past a pattern – Maximum Number of candles Passed from a pattern to allow alert
    • Alert Buffer Size – Maximum save alert to prevent duplicate alerts
    • Alert start/end time  – Determine trading hours based on the computer clock to activate and deactivate the alarm


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