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  • Comments (321)
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Shepherd Harmonic Pattern

4.62

This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link:


Notes

  • Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button to hide all indicator data on chart if you prefer to work with other analysis tools 
  • When you use this indicator and change the settings, add indicators like Moving Average or Bollinger Bands, this indicator will save template of you edits automatically and you can load them any time you need.
  • If you are using Windows 10, press right click on MetaTrader icon > Compatibility > Change High DPI Settings > System (Enhanced) to have best screen settings (it should be done in HD Devices).
  • Indicator is simply an interpretation of harmonic trading theory for detecting harmonic patterns on the chart. If you want to learn it you can search for Scott Carney's book named "Harmonic Trading vol 1&2".
  • Indicator has price and time alert lines.
  • Indicator will draw Fibonacci fans on your detected patterns.
  • Indicator will draw Pivots/Camarella/Patterns Ray.
  • You can load manually drawn objects from higher timeframes into lower timeframes.
  • Reset buttons will clear all saved settings (All / Current) timeframe.
  • Indicator has an alert / notification system that will provide you with targets/stop/entry points as signal.
  • Indicator will detect divergence (yellow and orange arrows) and they serve as good confirmations.
  • Indicator will calculate best lot size for every pattern as it is good for your balance with risk value as you insert in settings.
  • Indicator will detect also price action patterns (Pinbar,InsideBar,OutSideBar).
  • You can use this indicator buffers in an EA using this code:
double buy_signal=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",0,1); //if(buy_signal!= EMPTY_VALUE){//buy}
double sell_signal=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",1,1); //if(buy_signal!=EMPTY_VALUE){//sell}
double bull_divergence=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",2,1); //if(bull_divergence!=EMPTY_VALUE){//buy}
double bear_divergence=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",3,1); //if(bear_divergence!=EMPTY_VALUE){//sell}
double sl_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",4,1); 
double tp1_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",5,1);
double tp2_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",6,1);
double tp3_Value=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",7,1);
double Price_Action=iCustom(NULL,0,"Market\\Shepherd_Harmonic_Patterns",8,1);if(Price_Action!=EMPTY_VALUE){//trade=true;}


Parameters

  • Use_System_Theme- Choose color scheme.
  • EA_MODE - Put it true when you call it on ea.
  • Show_Last_Candle_Counter - Enable\Disable candle timer.
  • Candle_Counter_Color - Color of candle timer.
  • Accuracy_Percent - Percent for patterns proportions accuracy.
  • Bullish_Pattern_Color - Color for bullish patterns.
  • Bearish_Pattern_Color - Color for bearish patterns.
  • ABCD_Color - AB=CD patterns color.
  • Manual_Pattern_Color - Color of manual pattern.
  • Targets_Only_Completed_D - Enable\Disable show targets only on completed patterns.
  • Font_Color - Color of texts.
  • Fan_Color - Color of fans.
  • Send_Alert - Enable\Disable alert function.
  • Send_Notification - Enable\Disable notification function.
  • Send_Email - Enable\Disable email function.
  • InsideBar_Sensor - Enable\Disable InsideBar price action detecting.
  • OutSideBar_Sensor - Enable\Disable OutSideBar price action detectin
  • PinBar_Sensor - Enable\Disable PinBar 
  • Risk_Percent - Risk percent to calculate with patterns stop loss value and account balance.
  • Lot_Calculate_On - Choose risk calculation between static or percent risk value.
  • History_Bars - Max bars 


Reviews 73
Rekawt Salih
72
Rekawt Salih 2024.11.14 21:21 
 

very good indecator

Suleiman Alhawamdah
6606
Suleiman Alhawamdah 2023.06.04 18:49 
 

Thanks for the new update

trinh tien
49
trinh tien 2023.03.08 15:29 
 

This is best indicator that i ever bought.It worked well in forex and stock. The author is very kind.He is willing to support customer. I appriciate him. However should add scanner function . it will convinient . we will take less time to search the harmonic patter. Thank you for hard-working.

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Binary Booster
Yaroslav Varankin
5 (1)
Binary Options Trading Indicator: A Reliable Tool for Your Trades This indicator is specifically designed for binary options trading and has proven its high quality, reliability, and adequate accuracy, depending on the dynamics of the chart. Key Points: Signal Interpretation: When a blue cross signal appears, it indicates a potential entry into a trade, though it is considered a weak signal on its own. However, if the blue cross is accompanied by an arrow, it is considered a more reliable buy s
Dark Sniper
Dmitriy Kashevich
Dark Sniper pointer indicator.  Complete absence of redrawing   The percentage of correct indicator forecasts depends on your settings; the default is period 7 (performed better) The arrow indicates the direction of the next candle and the possible direction of the trend in the future.  Suitable for small timeframes m1 and m5  It is recommended to open transactions from 1 to 2 candles.  The signal appears on the current candle. Open a trade on the next one since the signal is being generat
All in One package includes the  Oscillator Predictor ,  MACD Predictor ,  Thrust Scanner  and  Advanced Fibonacci  indicators which are mandatory for applying  Dinapoli  trade plans.  Please visit below links for detailed explanations of indicators. Advanced Fibonacci Indicator =>  https://www.mql5.com/en/market/product/52834 Thrust Scanner Indicator => https://www.mql5.com/en/market/product/52830 Overbought /Oversold Predictor indicator => https://www.mql5.com/en/market/product/52621 Macd P
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Introducing ON Trade Waves Patterns Harmonic Elliot Wolfe, an advanced indicator designed to detect various market patterns using both manual and automated methods. Here's how it works: Harmonic Patterns: This indicator can identify harmonic patterns that appear on your chart. These patterns are essential for traders practicing harmonic trading theory, as popularized by Scott Carney's book "Harmonic Trading vol 1&2." Whether you draw them manually or rely on automated detection, ON Trade Waves
Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of 9. Additionally, it incorporates  method for utilizing the Square of 9 in conjunction with channels and the star pa
This is an astronomy indicator for the MT4 / MT5 platform like optuma program that performs a variety of functions. It uses complex algorithms to perform its own calculations, which are so accurate. The indicator has a panel that provides astronomical information such as planets' geo/heliocentric cords, distance of sun/earth, magnitude, elongation, constellation, ecliptic cords, equatorial cords, and horizontal cords depending on  the vertical line that generated by the indicator depend on the t
This indicator has been designed to integrate with the Elliott Wave theory, providing two distinct methods of operation: Automatic Work: In this mode, the indicator operates autonomously by detecting all five motive waves on the chart according to Elliott Wave theory. It offers predictions and identifies potential reversal zones. Additionally, it has the capability to generate alerts and push messages to notify traders of significant developments. This automated functionality streamlines the pro
ON Trade Pivots is A technical indicator that Draws all Pivot levels depending on time frame that defined in settings. Notes It will be good tool for all traders who use pivot levels in their trades. Let me inform you that this indicator draw this level as buffers not as objects then you can connect it easily to EA. This indicator allow you to find pivots levels for any time frame not only daily you are free to choose time frame from settings. Parameters Use_System_Visuals - Enable /Disable Sy
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This indicator serves the purpose of visually representing the Donchian channel on your trading chart. The Donchian channel is a straightforward technical tool used to depict the range between the highest high and the lowest low over a specified period. This indicator enhances the visual analysis of price movements, offering insights into potential breakout and trend continuation points. The Donchian channel can be applied to both the current time frame and a higher time frame, should you choose
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The "Currency Strength Indicator" is a powerful tool designed to provide traders with insights into the relative strength of various currencies in the forex market. By calculating and plotting the strength of each currency based on its corresponding time frame, this indicator offers traders the opportunity to identify potential trading opportunities, especially when there are significant divergences or crossovers observed. Key Features of the Indicator: 1. Currency Strength Calculation: The ind
Download user manual from : https://ontrd.com/our-books/ MT5 Version : https://www.mql5.com/en/market/product/30284 Gann Squares Indicator: Analyzing Markets with Geometric Patterns The Gann Squares indicator is a powerful tool for market analysis that draws upon the mathematical concepts introduced by W.D. Gann in his article on "Mathematical Formula for Market Predictions." This indicator incorporates Gann's techniques involving square numbers such as 144, 90, and 52, as well as the Square of
ON Trade Optuma Astro
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This is an astronomy indicator for the MT4 platform like optuma program that performs a variety of functions. It uses complex algorithms to perform its own calculations, which are so accurate. The indicator has a panel that provides astronomical information such as planets' geo/heliocentric cords, distance of sun/earth, magnitude, elongation, constellation, ecliptic cords, equatorial cords, and horizontal cords depending on  the vertical line that generated by the indicator depend on the time va
Introducing our new indicator: [ON Trade Breakout Zone] Simple Yet Powerful Market Analysis Tool for All Traders! Suitable for Both Professionals and Beginner Traders Are you ready to supercharge your trading strategy? Our latest indicator is designed to simplify market analysis and empower traders of all levels. Whether you're a seasoned pro or just starting, [ ON Trade Breakout Zone ] is your key to unlocking potential profits in the market. How to Use [ ON Trade Breakout Zone ]:
User Manual Download link: https://ontrd.com/our-books/ For all who are asking about indicator  ON Trade Numerology Station It obtain about 16 numerology strategies it make together completed unit control your trading . Basic strategies to work with it are 3 strategies statistics about them are the following : 1. RBA levels success rate more then 95%. 2. FF more then 96%  3.RBA SUN 98% We will not say 100 % as they are .. Ratio rates as following :  1.Rba levels more then 1/3 to 1/6 . 2.FF MORE
This product will let you control your orders and account with a lot of functions  1- it will calculate correct lot size depending on your account size /SL size / pair point value for 1 lot size . 2- it will give you current order situation depend on lines places (target sl tp ). 3- it will move all orders target / sl with 1 button press . 4- it will give you info about your account and needed margin to open your orders . 5- it has functions to close all orders ( symbol or all ) . 6- it has func
High Quality EA
Abdullah Alrai
Introducing our powerful Expert Advisor (EA), specifically optimized to trade gold on the M5 timeframe. Whether you're a seasoned trader or just getting started, this EA is designed to take the complexity out of trading while maximizing your profit potential. ### Key Features: - **Optimized Gold Trading**: The EA is fine-tuned for gold on the M5 timeframe, ensuring it captures high-probability trades with precision. Our development team has spent countless hours perfecting this strategy, with m
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danielmasunda47
54
danielmasunda47 2024.12.23 17:28 
 

Not very good ,it repaints. Patterns dissappear, then you are in the red.lt cannot be depended upon. Even backtesting shows successful patterns only ,never any failed patterns, if the author can fix that then it will be superb

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2024.12.23 17:31
Welcome mr you can read about harmonic trading rules ... You should follow pattern will repaint for sure but its prz will not repaint ... Ot will not repaint please try to understand the main logic of harmonic and you will have profits and depend on it
Rekawt Salih
72
Rekawt Salih 2024.11.14 21:21 
 

very good indecator

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2024.11.14 21:21
Thank you very much
Suleiman Alhawamdah
6606
Suleiman Alhawamdah 2023.06.04 18:49 
 

Thanks for the new update

trinh tien
49
trinh tien 2023.03.08 15:29 
 

This is best indicator that i ever bought.It worked well in forex and stock. The author is very kind.He is willing to support customer. I appriciate him. However should add scanner function . it will convinient . we will take less time to search the harmonic patter. Thank you for hard-working.

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2023.03.08 15:31
Tahank you mr
David Gakuya Kariuki
137
David Gakuya Kariuki 2023.03.01 16:23 
 

Two things I love about Shepherd Hamonic Indicator: 1:It works well combining Markets action, Harmonics, and Elliott Wave. 2: The developer, Mr. Abdullah Alrai is approachable. I have invested in the indicator. I suggest, to your life-term benefit that you also do.

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2023.03.01 16:25
Thanks mr david
elite luis
3351
elite luis 2023.02.25 09:05 
 

1 word is Profitable! Best Buy for 2023! and Author provide very good support, excellent!

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2023.02.25 09:31
Thank you mr dan
alattar
184
alattar 2023.01.17 16:17 
 

افضل موشر هارمونك ممكن تستخدمه

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2023.01.17 16:27
Thank you sir
Ibrahim Patel
225
Ibrahim Patel 2022.11.10 04:11 
 

hi, i messaged regarding instructions as i need them to use the software, i havnt used yet, but i have the paid version so if you can provide instructions on how to use the product that would be much appreciated wassalam

nabeel09
36
nabeel09 2022.08.30 03:18 
 

Its good but very slow

Simon Akubue
3419
Simon Akubue 2022.08.15 17:51 
 

This look good and awesome to use as trading tool.

Corneliu Raileanu
222
Corneliu Raileanu 2022.07.05 22:16 
 

User didn't leave any comment to the rating

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.07.05 22:17
Thank for your kind words you are most welcome
Malek Ammar Mohammad Alahmer
267
Malek Ammar Mohammad Alahmer 2022.06.27 04:04 
 

The indicator was amazing and helpful ,I use it with supply and demand strategy it increase my winning ratio ,the seller abdullah is kind and helpful as well ,he is well cooperative with answering questions, big thanks to abdullah

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.06.27 07:42
Thank you mr makek
Hugoberg888
127
Hugoberg888 2022.06.24 22:56 
 

User didn't leave any comment to the rating

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.06.24 22:57
Thank you sir we appreciate that
mikebills
46
mikebills 2022.06.17 23:55 
 

The author of this indicator is really caring and very responsive. Thanks bro for the good work

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.06.24 22:57
Thank you sir
ENOCK AKUWURE
128
ENOCK AKUWURE 2022.05.06 13:17 
 

User didn't leave any comment to the rating

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.05.06 14:23
Welcome sir Best settings is the default that what i am using in my personal work and if you want to change that relate to your trading type
Samuel Diseko
254
Samuel Diseko 2022.04.26 18:33 
 

Hi Abdullah Thank you for a quality product and I am also happy with the performance. Keep up the good work. 👍

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.04.26 18:39
Thank you sir for your kind words
Kevin Lemire
192
Kevin Lemire 2022.04.03 22:56 
 

Thanks Abdullah for this very nice update, can't wait to start using it. EA mode will certainly help a lot.

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.04.03 22:58
Welcome sir ..
And thanks for this kind words if you needed any help please contact us on telegram at
@forex_manager
Devonish
3160
Devonish 2022.03.29 17:28 
 

User didn't leave any comment to the rating

MS-corp consulting
23
MS-corp consulting 2022.03.02 19:19 
 

Very very good indicator , the best I had for now. Interface very accurate and simple to understand.

Abdullah Alrai
42016
Reply from developer Abdullah Alrai 2022.03.02 19:25
Thank you sir for your trust
hungnq1992
1396
hungnq1992 2022.02.24 10:31 
 

User didn't leave any comment to the rating

Reply to review
Version 9.7 2024.07.26
- Improvements
Version 9.6 2023.06.04
- Add font size control
- Panel save adjustment
Version 9.5 2022.03.31
- New Panel
- Add Elliot Waves
- Add Wolfe Waves
- Add EA_MODE in settings for who use it in EA.
- Add buffer definitions for buffer 10 elliot >20 / wolfe >21
Version 9.4 2021.03.20
- Added Buffer 10 To Identify Pattern name By Value As Next :
//Gartley=1
//Bat=2
//Butterfly=3
//Crab=4
//Cypher=5
//Shark=6
//Gartley_Anti=7
//Bat_Anti=8
//Crab_Anti=9
//Butterfly_Anti=10
//Cypher_Anti=11
//Shark_Anti=12
//White_Swan=13
//Black_Swan=14
//NenStar=15
//Deep_Crab=16
//Dragon=17
//5_O=18
//ABCD=19
Version 9.3 2020.05.29
- Improving for Code .
- Add TP3 Buffer
- Improved Saved Data
Version 9.2 2018.08.18
- Improve Pattern detecting.
Version 9.1 2018.08.16
-Bug Fix in Pattern Detiction
Version 9.0 2018.07.02
1. Code rewritten and it is so faster now.
2. Added buffers to use within EAs.
3. Added Control Panel.
4. Added Indicator Template to save its settings automatically in it.
5. Added Predicted And Manual Patterns Functions.
6. Add Pivots and Camarilla Lines.
7. Added Alarm for price and time lines.
8. Improved Alert and Alarms Functions.
9. Add money management system to calculate every pattern risk size.
Version 8.9 2017.05.11
*Bug Fix change time frame error.
Version 8.8 2017.04.28

1 - Add new pattern 123 drives.
2 - Improve alert system
3 - Improve patterns drawing.
4 - Targets will appear only when pattern complete.
5 - Bug fixes.
Version 8.7 2016.07.14
* Bug Fix error.
Version 8.6 2016.07.06
1. update panel now it will show you more info .
2. improved money management system that will be shown on panel .
3. added divergence on RSI arrows with panel notify.(Because of many harmonic traders using it).
4. added last detected pattern notify on panel .
5. more accuracy to view patterns.
6. Edited potential reversal zone areas (prz) and added entry zone this is the strongest one and from it price is hard to reverse.