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Harmonic ABCD Wizard

Automatic/semi-automatic trading robot, working on AB = CD pattern signals. It can work as an indicator. Supports sending signals in notifications, to a mobile device, as well as e-mail. The search for patterns is carried out by the universal Zigzag, Peak ZigZag, which was specially adapted to work in this EA. Through the use of the trace mode (when scanning patterns is performed on several Zig-zags with different Peak dist, see the description of the parameters), various AB = CD patterns from the smallest to the largest can be found.

The depth and range of the scan is adjusted with minPeakDist and maxPeakDist. The accuracy or pitch of the Zig-zag scan is selected using peakDistStep starting from 1. The Peak dist parameter of the zigzag on which the pattern was found is displayed on the screen (see illustrations), which allows you to see which Peak dist has more total patterns. Thus, the EA allows you to easily select the optimal range (minPeakDist, maxPeakDist) Zigzags scan. Also, when a pattern appears, the "Select" button appears on the screen with which you can highlight the pattern from which data was read (this is useful in the case when there are too many patterns on the screen and simplifies the orientation trader).

Thanks to this method of searching patterns, a well-thought-out entry strategy, as well as a tracing method, managed to achieve sufficient flexibility in finding patterns and a sufficiently high probability of entries on a reversal signal. If at the moment of the appearance of the pattern you have your own reversal signal, then you can enter the market manually using the corresponding buttons. Set the nEntriesMax parameter to 0 if you want the advisor not to open trades on its own. In this case, you will only see signals you can use at your discretion.

Sending notification to email and mobile device

Harmohic ABCD Wizard is equipped with the functions of sending notifications of signals to e-mail and mobile device. In the settings a trader can choose which signals he wants to receive. Selection is made using two parameters patternSignals and trades. More information here.

Three main modes of trading

A more detailed description of the EA can be found  in the blog.

Harmonic ABCD Wizard for MetaTrader 4.

Parameters

  • EA Values
    • magic - magic ID
    • deviation - deviation
  • Parameters Peak ZigZag
    • minPeakDist - the minimum distance of the Zig-zag peaks
    • maxPeakDist - maximum distance of Zig-zag peaks
    • peakDistStep - step of distance of the Zig-zag peaks
  • AB = CD Values
    • cProjMin - the minimum projection of point C
    • cProjMax - maximum projection of point C
    • dProjMin - the minimum projection of point D
    • dProjMax - the maximum projection of point D
  • Parameters Of Entry  AB = CD
    • entryPMin - minimum price projection for entry (entry range)
    • entryPMax - maximum entry price projection (entry range)
    • waitTurnPeriod - waiting period for the signal to rotate at point D
    • nEntriesMax - the number of simultaneous inputs
    • revercePositions - invert inputs
  • SL TP Values
    • minSL - minimum stop loss
    • kTP_OfAD - take profit ratio (calculated from distance A – D)
    • indentSL - indent stop loss from peak
    • minK_TP_SL - the minimum ratio of TP / SL or win / los, of position
    • levelsCalculation - the method of calculating levels
  • Breakeven Values
    • useBreakeven - use breakeven
    • bkTrigLvFromTP - breakeven triggered coefficient (from 0 to 1)
    • bkValue - breakeven value
  • Risk Control
    • lotsManagement - volume control mode
    • volume - volume
    • riskIDC - risk / SL (in deposit currency)
    • percRisk - risk percentage by risk management 
    • percEquity - percentage of risk from free margin
  • Optimal lot mode
    • riskMin - minimal risk
    • profitReduced - recovery value
    • kDR - volume increasing factor
  • Other settings
    • vTradeBacklight - highlighting virtual positions
  • Notification Settings
    • testNotif - test notifications (for verification)
    • sendMail - e-mail notifications
    • sendNotif - notifications to a mobile device
    • alert - alerts
    • patternSignals - types of pattern signals
    • trades - types of entry signals


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4.27 (11)
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Marzena Maria Szmit
4.82 (45)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Babak Alamdar
4.45 (31)
Buy not a backtest, but a real trading system:   Live Signal 1     Live Signal 2       Live Signal 3   This price is temporary for the duration of the promotion and will be raised shortly Get 1 EA for free -> contact me after purchase There are only a few copies left at the current price, the next price is -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! This is the first smartest robot that trades gold or XAU with full pairs like XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAU
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Thi Thu Ha Hoang
4.69 (26)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
Aura White Edition MT5
Stanislav Tomilov
4.8 (35)
Aura White Edition is unique Expert Advisor that continues the Aura series of advisors. The Expert Advisor is based on the engine of Aura Black Expert Advisor , but with a number of changes and author's settings for currency pairs. Innovative methods of the programme's approach to trading, and promising performance results are possible thanks to the use of modern technologies and methods. Aura White Edition is a fully automated EA designed to trade currencies only. Working pairs EURUSD, GBPUSD,
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NEW WAY Scalper is a night scalping EA that can trade multiple currency pairs. Night scalping EA has a very long history, dating back to 2012 or even earlier. This strategy has been effective for a long time and has many supporters. After two years of extensive and in-depth research, my team has developed New Way Scalper based on the strengths of various night scalping EAs. Among direct currency pairs, it is most suitable for USDCHF, followed by GBPUSD, and other EURUSD, USDCAD, EURGBP, etc. al
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Modified MACD, for technical analysis of charts, with color backlight of histogram signals. The indicator highlights, the direction of the histogram movement, the change in the direction of the histogram movement, the histogram peaks, the interaction of the histogram and the signal curve. Also, the indicator makes it easier to find convergences / divergences between bars and the histogram (which serve as a powerful signal in some trading systems using the MACD indicator). Color designation of Ad
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This trend Expert Advisor is based on an original interpretation of the Bollinger Bands indicator. This signal generation method allows entering the market at the very beginning of the trend with a tight stop loss. The EA contains 6 options for position closure signals, which allows selecting the best one depending on the instrument, as well as market conditions. All positions are protected by virtual and fail-safe stop loss. The virtual stop loss triggers only after a bar closes beyond its leve
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Modified MACD, for technical analysis of charts, with color backlight of histogram signals. The indicator highlights, the direction of the histogram movement, the change in the direction of the histogram movement, the histogram peaks, the interaction of the histogram and the signal curve. Also, the indicator makes it easier to find convergences / divergences between bars and the histogram (which serve as a powerful signal in some trading systems using the MACD indicator). Color designation of Ad
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Version 1.20 2020.01.18
Fixed errors when tracking positions.
Version 1.10 2020.01.18
1. Added automatic setting of Filling Mode for brokers whose Filling Mode differs from the standard.
2. Improved position management.