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  • Reviews (75)
  • Comments (318)
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Shepherd Harmonic Pattern

4.68

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 20
Suleiman Alhawamdah
1018
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.

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.

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The Forex indicator   TrendNavigator   is a technical indicator. TrendNavigator is a tool that allows traders employing this strategy to better understand what is happening in the market and predict in which direction the price will continue to move. The indicator's values are calculated based on price movements of the currency pair or any other financial asset. Within the scope of technical analysis, the TrendNavigator indicator is used by traders to forecast future price values or the overall
RelicusRoad Pro
Relicus LLC
4.73 (141)
How many times have you bought a trading indicator with great back-tests, live account performance proof with fantastic numbers and stats all over the place but after using it, you end up blowing your account? You shouldn't trust a signal by itself, you need to know why it appeared in the first place, and that's what RelicusRoad Pro does best! NOW $147 (increasing to $499 after a few updates) - UNLIMITED ACCOUNTS (PCs or MACs) **  User Manual + Strategies + Training Videos + Private Group with
Renegades
Ivan Simonika
Renegade The indicator generates arrows (red and blue by default). The indicator is installed in the usual way on any trading symbol with any time interval. It is an auxiliary tool that is used for technical analysis of the price movement chart in the Forex market. Novice traders have difficulties both with finding an indicator and with its application. Their reason is the lack of technical awareness of ordinary users and the lack of basic knowledge about good trading programs. In Forex trans
PTS Precision Index Oscillator V2
PrecisionTradingSystems
5 (2)
The Precision Index Oscillator (Pi-Osc) by Roger Medcalf of Precision Trading Systems First of all, if you have any questions please contact me via my website which you can find by searching the above title. Version 2 has been carefully recoded to be super fast to load up on your chart and some other technical improvements have been incorporated to enhance experience. Pi-Osc was created to provide accurate trade timing signals designed to find extreme   exhaustion points, the points that markets
More from author
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 o
ON Trade Optuma Astro
Abdullah Alrai
5 (4)
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 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 indicator has a lot of numerology analyzing methods that can support your analyzes or can work as custom strategy by it self ..we will start to explain them one by one :  this the trial version of this product to have this product here is the link : https://www.mql5.com/en/market/product/118782   1- Range channel that draws the limits of daily movements to detect places of buy and places of sell . 2- Angler will detect Dynamic numeral levels that result of time and price squaring with cus
FREE
This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi
This program serves as an effective tool for sending messages through a Telegram bot using the MetaTrader platform. It enables you to send your trading recommendations related to the orders you open on the trading platform directly to your Telegram channel or group. These messages may include details about open trades and can be accompanied by illustrative images of the orders. Alternatively, they can be configured to be without images based on your preferences. This means that if you are the ow
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 ]:
This indicator has a lot of numerology analyzing methods that can support your analyzes or can work as custom strategy by it self ..we will start to explain them one by one :   1- Range   channel that draws the limits of daily movements to detect places of buy and places of sell . 2-   Angler   will detect Dynamic numeral levels that result of time and price squaring with custom numeral method that works like support and resistant and will support your analyzes 3-   Shepherd Levels   it is l
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
This indicator offers a robust market analysis method centered around the concept of the 'Regression Channel Tool'. By harnessing this tool, traders can gain exceptional control over their chart's regression channel, enabling them to make more informed trading decisions. The Regression Channel Tool is a powerful instrument in a trader's toolkit. It's designed to provide valuable insights into price trends and potential support and resistance levels. The tool is especially effective for visualizi
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
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Suleiman Alhawamdah
1018
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
40066
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
40066
Reply from developer Abdullah Alrai 2023.03.01 16:25
Thanks mr david
elite luis
3331
elite luis 2023.02.25 09:05 
 

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

Abdullah Alrai
40066
Reply from developer Abdullah Alrai 2023.02.25 09:31
Thank you mr dan
alattar
164
alattar 2023.01.17 16:17 
 

افضل موشر هارمونك ممكن تستخدمه

Abdullah Alrai
40066
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
3317
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 
 

I used the demo product for a number of months and I was satisfied with the product, even if it was lagging. But the paid version is great, it works faster and the panel makes it awesome. A big thanks to Abdullah for technical support. :)

Abdullah Alrai
40066
Reply from developer Abdullah Alrai 2022.07.05 22:17
Thank for your kind words you are most welcome
Malek Ammar Mohammad Alahmer
249
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
40066
Reply from developer Abdullah Alrai 2022.06.27 07:42
Thank you mr makek
Hugoberg888
107
Hugoberg888 2022.06.24 22:56 
 

Great interface, love the fact that all 3 indicators (Harmonics, Elliot and Wolfe Waves) can be added on the same chart.

Abdullah Alrai
40066
Reply from developer Abdullah Alrai 2022.06.24 22:57
Thank you sir we appreciate that
mikebills
41
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
40066
Reply from developer Abdullah Alrai 2022.06.24 22:57
Thank you sir
ENOCK AKUWURE
128
ENOCK AKUWURE 2022.05.06 13:17 
 

Hi abdullah, I just bought the indicator.. What setting should I use for higher accuracy ?

Abdullah Alrai
40066
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
40066
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
40066
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
2992
Devonish 2022.03.29 17:28 
 

Another quality product.

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
40066
Reply from developer Abdullah Alrai 2022.03.02 19:25
Thank you sir for your trust
hungnq1992
1190
hungnq1992 2022.02.24 10:31 
 

I will learn how to use this indicator for better trading results

JEFE005
42
JEFE005 2022.01.22 21:06 
 

HI, its very good, ut i have a question; what function does the ray have? it does not appear in any graph.

Abdullah Alrai
40066
Reply from developer Abdullah Alrai 2022.01.22 21:26
Thanks sir for your kind words...
Ray activated after tick happen or after you make refresh.. it will extend ray of basic pattern trend
Corrado Bruni
379
Corrado Bruni 2022.01.19 13:59 
 

Accurate indicator. Optimize trading. The author is available and prepared.

Abdullah Alrai
40066
Reply from developer Abdullah Alrai 2022.01.19 23:30
Thanks mr bruni
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.